[Archive] FOREX - Trends, Forecasts and Consequences (Episode 9: November 2011) - page 3

 
Vizard:


Here is another stone in the path of the euro:

MF Global, one of the largest brokerage holdings in the US , filed for bankruptcy and creditor protection in a New York court. Management was forced to go to extremes because of the large amount of impending write-downs on European bonds, Reuters reported.

Immediately after the company filed for bankruptcy, trading in its shares in New York was suspended.

MF Global was one of the largest brokerage holdings in the U.S., conducting derivatives transactions in the commodity, equity and currency markets. Rating agencies had downgraded MF Global to "junk" status the day before and its securities quotations fell by more than 60% in a week. This company became the first American victim of the eurozone debt crisis. The bankrupt company ranks seventh in the US in terms of assets.

 
sever31:
the eu/£ could go down to 8420.

Very dynamic market we see, e.g. hindsight of 17 bars (above) is very different from 16 bars (below)

 
yosuf:
If a reversal is imminent, the blue buy line must appear first, then the blue vertical line, only then is a reversal possible, is there not enough information about a reversal? Try it yourself:
Again, a lot of obscure in hindsight, one may show a reversal and the other a continuation, as an option, many hindsight can be taken, but they too will generate chaos, only in a different interpretation, no more... The market is multidimensional, and you are trying to combine it with the indicator on the plane ... God willing!
 
yosuf:

A very dynamic market, e.g. the retrospective of 17 bars (above) is very different from the 16 bars (below)

Move to a shallower TF and these differences are smoothed out...
 
margaret:

Here is another stone in the path of the euro:

One of the largest US brokerage holdings, MF Global, filed for bankruptcy and protection from creditors in a New York court. Management was forced to go to extremes because of the large amount of impending write-downs on European bonds, Reuters reported.

Immediately after the company filed for bankruptcy, trading in its shares in New York was suspended.

MF Global was one of the largest brokerage holdings in the U.S., conducting derivatives transactions in the commodity, equity and currency markets. Rating agencies had downgraded MF Global to "junk" status the day before and its securities quotations had fallen by more than 60% in a week. This company became the first American victim of the eurozone debt crisis. The bankrupt company ranks seventh in the US in terms of assets.


Last night it was reported... and I agree about the meetings and perrlos... + The stock is in a good correction ( for a couple of days ) ... it looks like it will go down tonight ... ( wanted head shoulders - did not do)... and down again on Friday ))) of course it does not matter for the intraday by and large... but I want to see the eu below... we'll see...

 
chepikds:
Again, a lot of incomprehensible in hindsight, one may show a reversal and the other a continuation, as an option, you can take many hindsight, but they will produce chaos, only in a different interpretation, no more... The market is multidimensional, and you are trying to combine it with the indicator on the plane ... God willing!

this bullshit ( the yu indicator ) has nothing to do with the market ... it's harmful ...
 
Vizard:

this bullshit (yu indicator) has nothing to do with the market... it's harmful !...
So far the same opinion, for lack of another...
 
Vizard:

this bullshit (yu indicator) has nothing to do with the market... it's harmful !...
Who thinks it's harmful, don't use it, that's all.
 
yosuf:

The blue line is mentally drawn from its top through the current price value and arrive at the forecast level, so far I have decided to interpret the indicator this way, but in general see for yourself, it shows a clear sell:

I have mentally drawn the blue line but did not get anything, can you describe in more detail where is the top of the blue line?
 

here we go ))))

ok - good luck and profits to all...