EU commission to borrow 600Bln Euro to provide the banks loan?? I heard that and have a question.....
1)Euro-zone all heavily debts so the government guarantee the money and who will lend them cheap money???(IMF??) 2)If they not using QE (printing money or sell bonds) then they use gold??? (Each countries are allowed to sell limited golds in each year)
Hopefully someone can enlighten me. :)
Cos I only see if euro to move lower it helps the debts ridden countries as well as the more sounds country in euro-zone. Germany and france sell euro and buy dollars and buy back euro at latter part.
I am doing the EW using daily chart started from 1.5137 to 1.4217 wave 1 and 1.4576 to 1.3114 (looking for 1.3089) wave 3. thus for me I am looking for a short at 1.3456 targeting the wave 5 ends at 1.2537. Thus I am not sure we seeing the same pictures. :p
Can i check with u on the EW. We just completed wave 3 at 1.3114?? cos my wave 3 is suppose to be ard 1.3089. I am using daily chart to check on it. If we have wave 3 completed we might be heading for 1.3456.
yes what u said is true but the 1 question i do wish to ask.....
If Greece is to default euro will crash but again if Greece were to ask to leave the euro zone...What will happen???
As the news in Germany a grp of people going to stop the EU from dispersing the aids and if they able to which means IMF will be the only sole group to provides the aids....
Got a question to ask.... regarding abt gold reserve holding... in ur book u did mention that last time US pledge their dollar to gold. i google on the gold holding and i amaze tht US is holding 77.4% of gold and dollar is weaken and gold flies up.... Is this what the US wants? As in US win both way??
thks for the reply and the info :). There is a question I like to ask do you use volume indicator??
Cos currently I reading on a system known as VSA. Over there they mention about professional use it to analyst.... Recent volume is very weak in Pound and someone in the Forex Factory mention Professional are selling waiting for major spike down. What do you think about it??
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EU commission to borrow 600Bln Euro to provide the banks loan?? I heard that and have a question.....
1)Euro-zone all heavily debts so the government guarantee the money and who will lend them cheap money???(IMF??)
2)If they not using QE (printing money or sell bonds) then they use gold??? (Each countries are allowed to sell limited golds in each year)
Hopefully someone can enlighten me. :)
Cos I only see if euro to move lower it helps the debts ridden countries as well as the more sounds country in euro-zone. Germany and france sell euro and buy dollars and buy back euro at latter part.
This is my chart.http://www.twitpic.com/1jezj7
Thanks for the info. :)
I am doing the EW using daily chart started from 1.5137 to 1.4217 wave 1 and 1.4576 to 1.3114 (looking for 1.3089) wave 3. thus for me I am looking for a short at 1.3456 targeting the wave 5 ends at 1.2537. Thus I am not sure we seeing the same pictures. :p
Can i check with u on the EW. We just completed wave 3 at 1.3114?? cos my wave 3 is suppose to be ard 1.3089. I am using daily chart to check on it. If we have wave 3 completed we might be heading for 1.3456.
yes what u said is true but the 1 question i do wish to ask.....
If Greece is to default euro will crash but again if Greece were to ask to leave the euro zone...What will happen???
As the news in Germany a grp of people going to stop the EU from dispersing the aids and if they able to which means IMF will be the only sole group to provides the aids....
Got a question to ask.... regarding abt gold reserve holding... in ur book u did mention that last time US pledge their dollar to gold. i google on the gold holding and i amaze tht US is holding 77.4% of gold and dollar is weaken and gold flies up.... Is this what the US wants? As in US win both way??
Regards
JMX
thks for the reply and the info :). There is a question I like to ask do you use volume indicator??
Cos currently I reading on a system known as VSA. Over there they mention about professional use it to analyst.... Recent volume is very weak in Pound and someone in the Forex Factory mention Professional are selling waiting for major spike down. What do you think about it??
Regards