EUR

And regulations on the production of cauliflowers (or maybe its cabbages) running to 21000 pages ! Many such issues outside of farming. I just hear all the farmers moaning in rural Cornwall.

Unfortunately UK are overly law abiding with EU regs. France have a different approach.

Exactly ! that's it in a nutshell.

Spain now 60% youth unemployment. What a tragedy !

cat, I don't think now would be the right time to leave EU so the vast majority of current public opinion is imo short sighted. We need to see how the next year or two pans out with their attempts at fiscal integration. In the meantime its my belief we definitely need to try to renegotiate on some of the things we find so very vexing, many of which never had democratic agreement at the outset. On some of these things Germany are in fact like minded. If you ignore UK debt there are many similarities viz a viz Germany/UK attitudes and we have a very close mutually beneficial trading relationship.

Referendums on EU have always been a bad idea because the various complexities are way beyond the comprehension of all but a small minority of UK citizens. Typically 90% of small businesses would tell you they hate being in the EU. They hate all the regulation and added costs to doing business. Most farmers hate being in the EU. This should surely tell us something about the need for EU to become more flexible and less bureaucratic (ha). Less interfering in differing cultures and sovereign law.

I don't see why a 2 speed europe could not work with the 17 member nations having a different set of rules to the 10 member second tier nations. Ultimately some of the 10 might want to join the currency over time. Taking this a stage further a 3 speed europe might be even better for the next 6 to 8 year period. The whole "experiment" has evolved too quickly with too many countries invited to join too quickly.

As for Cameron, I am sure he never expected to be voted into a second term of office. The UK debt challenges are just too overwhelming for any government to be voted into a second term. In the meantime I think he is right to suggest EU take a deep look at becoming more flexible. Thus his referendum promise is simply an attempt to apply pressure.

In UK it is very easy to say I don't like being in the EU until one thinks about the implications of being outside the EU. Most citizens do not understand all the complexities and that includes me.

Strength meters that calculate SOMEHOW (!) from broker prices of pairs are indeed too slow and unreliable. An interbanktrade based meter ist not for free and is a very good tool for automatic speedy robot trading but not for a trade plan. Well all analysts touted JPY mus fall further but the meter saw increasing strength and was correct. Now it sees increasing strength in CAD....
I like it automatic. Only a machine can control 4 to 16 fx trades at once. And doesn't get irritated or jittery.

cat..not all charts dead wrong..mine behaving nicely well over 80%...mostly in the trading skillz..
it's in the reading...it's about MM and a clear model per asset..

peter meters too much risk of late entries and exits...that's why they are used no more than rsi is on simple blank chart..rarely...