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Posts by "daveo"

8683 Posts Total by "daveo":
8171 Posts by member
DaveO
(N.Cornwall, United Kingdom)
512 Posts by Anonymous "daveo":
DaveO
N.Cornwall, UK
Posts: 5733
10 years ago
Dec 18, 2013 12:39
In Thread: EUR
In reply to Qingyu's post
You mustn't confuse the whole of UK housing prices for London prices. There are many areas still not back to 07 prices after a period of rampant inflation. I say rampant in the context of official figures which have been a joke. You should try becoming a builder and see how you like to sell your new houses for almost less than they cost you to build.

There is much silly talk from useless financial commentators re housing bubbles already. It's nonsesce. Take London out of the equation and they should concern themselves with the behaviour of their own useless industry, that is to say the regulation of mortgages and loans to fit affordability criteria, job security etc. It used to be extremely strict prior to 1993---It CAN be done. It WAS done by the older generation of banks and mortgage advisers. We really don't need a loada whiz kids employed in the financial services sector but I'm afraid this is what we got :-) They used to be employed selling used cars :-)
DaveO
N.Cornwall, UK
Posts: 5733
10 years ago
Dec 18, 2013 12:19
In reply to Qingyu's post
Yes I have technicals that could target >97 but the point I made referenced "fading" a trend. I have already suggested a method of fading trends if that is how traders wish to trade, a method which keeps stops tight, the inevitable punishment minimised.
DaveO
N.Cornwall, UK
Posts: 5733
10 years ago
Dec 18, 2013 11:22
In reply to Ashraf Laidi's post
That might well be your interpretation Ashraf but for me when the audusd broke symmetry at 8960 I was alerted to continued downside.

Were your stochastics telling you to fade for long ?
DaveO
N.Cornwall, UK
Posts: 5733
10 years ago
Dec 18, 2013 10:56
In Thread: EUR
All our government's strenuous efforts to reform entitlements, pull down abusive claimants count, reduce unemployment has started to bear fruit over the last 2 year period. Ever such a slow arduous process.

What happens next ? In January the floodgates open to immigration from new EU member countries and we can do f*ck all about it, crazy EU regulations requiring us to take in all comers from Europe. Some of these immigrants will be long term unemployed, travellers and gypos,criminals,religious nutters, even terrorists.

How stupid can we be ?
DaveO
N.Cornwall, UK
Posts: 5733
10 years ago
Dec 14, 2013 18:40
In Thread: USD
WTF-- not all is as it might seem ?
http://www.mauldineconomics.com/outsidethebox/wtf
DaveO
N.Cornwall, UK
Posts: 5733
10 years ago
Dec 13, 2013 20:22
In Thread: EUR
Ashraf's latest IMT link not working--Nikkei.
DaveO
N.Cornwall, UK
Posts: 5733
10 years ago
Dec 13, 2013 20:20
In Thread: EUR
In reply to Qingyu's post
need genetically grown human brain robots :-)
DaveO
N.Cornwall, UK
Posts: 5733
10 years ago
Dec 13, 2013 20:14
waste of time answering questions to non contributors in this forum.
DaveO
N.Cornwall, UK
Posts: 5733
10 years ago
Dec 13, 2013 20:07
In Thread: EUR
In reply to DaveO's post
eSignal Advanced GET, loada crap imo.
DaveO
N.Cornwall, UK
Posts: 5733
10 years ago
Dec 13, 2013 20:03
In Thread: EUR
In reply to Qingyu's post
yes I think CMC platform has pattern recognition. Seems very lazy concept to me and who would trust a robot, not me. eSignal had EW recognition many years ago but I found it was crap compared to using one's own discretion.