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Check out dollar-swissie weekly as well. There is a huge bullish harmonic pattern there too.

And even more rare is a textbook Gartley on the weekly Eur/Usd. The last time Euro trended so strongly above the 34SMA look at the monumental collapse. I'm not trying to call a top in Euro by any means but this Gartley is too monumental to disregard considering the negative divergence.

There is the mother of all Gartleys on the weekly Euro with strong bearish divergence.....

Gold is indeed in a bubble. We are getting the big "inflation scare" in commodities and precious metals. Once the "delation" sets in the dollar is going to see a prolonged rally. The Gov't run banking system is doing everything it can to postpone the margin calls.

You don't have to apologize, I opened up the thread thinking I'd be reading something about about Morgan Stanley.

Lol this coming from the same guy who warned us of an "FX Disclocation" on a 2cent move on the Euro 6-8 months ago. Edit: Here it is! http://market-ticker.org/archives/801-RED-ALERT-FX-Dislocation-In-Process.html Excuse me 150 pips lollll Wonder what he calls the 3cent move on cable...

I wonder if AIG will write a CDS on her. In all seriousness, I am proud of her. 3 jobs, that's great. I used to work at a restaurant where he had a guy (Mexican) who worked 3 jobs at various restaurants who sent $500 a week home to his family. The servers had to roll silverware so he...

Bro commercial automated code is garbage. Imagine 2000 users.. Imagine being a MM seing 2000 .1 lots all with the same s/l and t/p. What would you do? It had a horrific 2 weeks ending September and coming into October. http://www.forexpeacearmy.com/metatrader_expert_advisor/forex_lexus/demo

Is your previous handle "thorn" ??

Glad to hear that, I'd like to trade without indicators but I guess I'm not quite there yet, especially on Eur/Gbp and Eur/chf. Here is a clearer picture for you.

Nice trade!

Most of the automated systems that trade Eur/Gbp and Eur/chf are channel scalpers. They have horrible risk:reward (5-8:1 risk) Put up an auto-channel and wait for the stochs to roll over and you can mint money on Eur/Gbp.

Lol. All these numbers mean nothing. Their demographics are horrible, they are rapidly aging and their spending cycle will take another leg down going into the middle of the next decade.

Absolute mammoth negative divergence on the daily and H4... It has fought a wall of divergence to get here so who knows but that's going to be tough to wear off.

What I'm saying is Smoot-Hawley won't happen this time. That's the difference between then and now. Cap and trade certainly poses a major threat.

This is also an interesting chart.

The 10yr cycle.

The Smoot-Hawley Tariff is the reason why this won't be nearly as bad as the 30s. "Overall, world trade decreased by some 66% between 1929 and 1934." We killed the global economy. It won't happen this time. Asset deflation is coming.

I do and it is.

The banks cannot hide those non-performing/worthless loans forever. The deflationary spiral is being postponed for political reasons. By 2012 the stock_trad3rs of the world will be lined up at the Golden Gate bridge to jump. The elite are preparing for civil unrest. Our economy is >70%...