hey buckscoder, i had the same sentiment
the crowd don’t know where to go!!
it trigger both my buy and sell stop and nearly had a heart attack!!
but luckily i didn’t make a loss.
a small profit is always better than making a lost.
ya, i might go fishing this weekend, or maybe riding.
have a good weekend!!! 
Looks like some big money protecting that DNT at 1.42 that expires today. Stopped it dead in it’s tracks after a 15min 80pip drop.
[B]PipBandit,[/B]
What is a DNT? Earlier today Jamie Coleman over on the ForexLive site mentioned a 1.4150/1.4550 DNT. Is it some kind of a futures option?
Thanks!
If you toggle to the taskbar on that site & click on Forex Jargon it will offer you an explanation of all the technical terminolgy used within their comments.
Should you require further clarification either scroll down underneath the individual posts & check the comments. They often expand on details & posts, or failing that fire off an e-mail to Jamie, Joe or one of the other team & they will usually reply during or slightly after their session.
Well thank you very much… “Double-no-touch” learn something new everyday! The guys over on ForexLive are great! Whenever I’m trading I try to keep an eye on their site. :56:
Thanks!
True that. Albeit not all the time. If my system doesn’t show up with a trade and I do not see anything with small risk I better watch the bloodshed from the sidelines, lol. Friday was a almost flat day. 100 pips is not much. As in general we have low volatility on the daily chart, but high volatility on intraday charts. That is a time where I rather sit on my hands and watch.
Plus as long as governments, banks and big companies are under control of those guys, I have great speculation success on that.
hwtan, great to see you survived and had no hard attack and congrats for your profits! Too risky for my taste however to risk a hard attack for small profits, lol. 
A question to think for the weekend: I do expect a stock crash in the upcoming weeks with a very high probability. Is that good for the eur against the usd or not? Why? Why not? What will the eurusd do? What about that nice bull flag on the monthly?
yo buckscoder,
i forsee the stock market over here will crash before the US stock market even open.
as for the monthly bull flag rising, highly dependent on whether if EUR side will have any further bad news after this NFP.
my 2 cents. 
1.4000.
Which way?
Please don’t! …those options a lot of times are magnets for price instead of barriers…
the up trend line from june last year is been tested… it could be a great trading oportunity
True, that!
The next big thing will be the German court ruling on the legality of the PIIGS bailouts. If the courts rule against Germany putting any more money into bailouts, we could see parity or lower in no time.
I’m staying away until the forthcoming decision. The ugly could soon be hideous…
I am buying around 1.3975/80 is countertrend… a bit of gambling here :D…risking just 10 pips…
This, my friend, has a 0.00001% probability, lol. Trust me, I know what I am talking about. 
I know what they will say: “Bla bla bla, … and in the end the court can’t rule what the government is doing.” Things in the ez are closer to a dictatorship than democracy actually. The judges there are elected by politicians. They won’t bite who feed them.
The fiber downmove right now is rather a usd upmove. Look at the cable. I do agree that they could move lower, but not because of any court or Greece. Just because of a drop of stocks which are likely, because of those nice hs patterns in the s&p and others. However, that will be a temporary drop. The money will likely flow sooner or later into the safe havens. And the dollar is everything but a safe haven. It’s actually exactly the opposite. Plus if those liberals are going further to rule in your country, things will get worse, not better. How can a socialistic America prosper if a socialistic Euope can’t prosper?
I am flat right now, but still looking for [U]buying[/U] opportunities. Well, my bot made some pips today while going short, lol. 
Interesting times to say the least.
With Merkel in hot water, and an underlying current pointing to growing constituant aggrevation over more and more of their money going to fund seriously mishandled social programs across borders, there is a chance it will occur.
Whether or not they rule against it, this is all coming to a head, and soon.
It’s not just Germans ticked off now, and that’s a big issue.
When have you been in Germany, lately? Germans elected red parties last Sunday. Red means left. Those parties would even go further and transfer MORE money and not less. Germans are in most cases sheeples and not ticked off. They want get washed without getting wet. Sorry to say that regarding the Germans, but that is the obvious truth. The prices of gas around here is 2.5 times higher than at your place and the sales tax is at 19%. Most people get an income after tax and mandatory insurance which is less than 40% before tax and insurance. There are debates to rise that sales tax to 25%. No riots, no nothing. Not even an election of more radical parties beyond 5 percent, which is needed to participate in the parliament. Most people around here are dreaming and back all that crazy stuff going on. If you look at other ez countries, it is not that much better. Particular with those who pay.
The eur is the golden calf of the politicians and they will do everything and I mean [U]everything[/U] to back the eur. They would even let burn all the ppl before they would drop their golden calf.
Never been to Germany, but I do read about everything I can get my eyes on regarding political atmospheres in other countries.
The euro may be the golden calf of a small minority, but in reality, it is becoming a drag. Socialists or not, there comes a time when “ours is ours” attitudes take root.
We are seeing that here in a big way, and I’m reading about it there.
There is a growing disenchanted groundswell for nationalism, and it will have quite the effect on things in the near future. Here, there, and just about everywhere abroad. The fiscal ties to debt from nation to nation are deep, and the solutions are painful for everyone. Especially since the biggest problems lie in bank to bank, and sovereign debt.
People here are sick of having to bail out car companies, banks, and the government’s own idiocy. It’s the same there in England, Italy, Greece, Spain, Ireland, and so on.
What if they all decided it was too much, and took the route of Iceland, and told the EU, and IMF to go stuff themselves? We aren’t far from that. Germany, the US, China, and just about every other country that can at least somewhat support themselves would be screwed.
And not because of the general population’s fault. It would come down to a very few people that made very bad decisions. There’s already talk here of The Bernanke being brought up on charges of fraud for supporting the banks. The same thing is happening in Italy. There are court cases based on derivatives in the city of Milan, and a few others.
Greece is slowly becoming the mouse that roared in terms of how devastating the consequences can be, in the face of the ever burgeoning proof that they will not be able to meet their austerity targets, and therefore lose the bailout deal.
The fallout will be far reaching.
The Lehman Brothers collapse here sent the markets into freefall.
Greece, as small as it is, is still bigger. You can guarantee the results won’t be pretty if the wheels totally come of. And they have already lost all their bearings.
I don’t generally follow the fundamentals, but this set of circumstances has my undivided attention.
Interesting article here: Interview With Historian Hans-Joachim Voth: ‘The Euro Can’t Survive in Its Current Form’ - SPIEGEL ONLINE - News - International
Very very very interesting times.
I can identify with what Master Tang is saying.
Malaysia’s economic module has been nothing but endless bailouts in the name of nationalistic pride.
The reality is its got nothing to do with nationalism. That is just peasant fodder for the masses. Whip up the sentiments.
The reality is business men who become politicians or are in bed with politics. Protect your cronies at all cost.
It has become in increasingly untenable business module.
For a Petroleum producing country, its deep in debt and its coffers are increasingly becoming dry.
As what Master Tang said, peoples anger is festering but it seems some politicos are insisting that it has to be business as usual.
Interesting times indeed.
I’m a new poster but I’m a very seasoned trader. I’m getting sick and tired of this Eurozone contagion. One minute everything is dire, the next minute everybody seems to completely forget about the mess, yet in reality nothing has changed; just a mere focus!
With the SNB intervention and buying up of Euros, we have a strong player who will be underpinning the value of the Euro, therefore chances are we’ll be ranging for a while from here.
True, that. Anyways. It went as I said at the court. Surprised?
The “Der Spiegel” is the worst of the worst propaganda brain washing left wing printed toilet tissue you can grab. Didn’t read the other stuff from your posting and will continue after my brunch.