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    Wall Street and oil prices.

    Did anyone read the link that RhinoGG posted. I participated in another thread that was based solely on this article. I'm no socialist. I believe in markets. But not necessarily completely free unregulated markets. If you look at the NASDAQ bubble it was also due to rampant speculation and the...
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    Intraday FX Player

    BO wasn't in your cheat sheet.
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    Intraday FX Player

    Was the last downturn predictable on a divergence. I saw it on the RSI more so than the MACD.
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    Intraday FX Player

    CFerret, how did you get stopped out of your short at 92. It seemed to be a really good trade?
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    Intraday FX Player

    HOD?
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    Intraday FX Player

    I'm pretty sure I see how that was recognized on the 1 hour chart. What I don't really get though is your time frames. Did you just buy after the first up hour or did you get in on a shorter time frame. I was under the impression that you guys traded on shorter time frames than the 1 hour charts.
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    Intraday FX Player

    I take it back I am an idiot. Thank God its a practice account.
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    Intraday FX Player

    Sooo many lines. I think I see how it was identified on the 1min (went past previous resistance?) but the hour chart didn't make much sense to me. There were just so many lines. I took out a short position at 1.5480. I'm not an idiot but I rely mostly on indicators and when the market looks like...
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    Intraday FX Player

    I will do my best to find it. I wasn't going to go through 300+ posts without at least finding out if its here. Thanks, I appreciate you pointing me in the right direction.
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    Intraday FX Player

    How do you guys trade a market like this (the last 5-6 hours)? How do you identify the small break out that just happened from all the other meaningless up and down moves of the last couple hours. I'm looking at 1min and 5min charts and using EMA = 3 coupled with BB's and buying or selling on...
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    Intraday FX Player

    Hey I was wondering if you guys could clarify what all pairs you trade and if you could give me your abbreviations for them. I was just having a little trouble following a couple things. Thanks.
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    Any good traders out there looking to start a prop firm?

    Why are we giving this guy such a hard time? I mean everyone has dreams. I mean whats the point in all of this if we didn't. Let him try.
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    Intraday FX Player

    I understand the divergence isn't a driving force I was just curious what was causing it. I understand I framed my question incorrectly but what I meant was.... This doesn't look like a regular divergence trade, what else is happening. Sorry for the trouble.
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    Intraday FX Player

    Was that drastic move by the EUR/USD to the downside really just because of an MACD divergence or is there some sort of news that just moved it 50 pts.
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    US Senators Unveil Plan Curb Oil Futures Speculation

    I don't know enough about this plan to say if it takes the right measures or not. But what I can tell you is that IMO oil futures are being driven by speculation. There is another topic on ET that goes in depth on this. Although fairly long it is very eye opening. I would suggest anyone wanting...
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    Facebook Trade

    As a college aged poster I would refute the fact that facebook is just a fad. I'm just calling it as I see it and from what I can tell facebook has longevity and growth potential. Facebook is a lot of college students life and although I'm not addicted to it as some are I can't imagine getting...
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    Award winning economist says America has bankrupted itself with the Iraq war

    Try and compare US taxes to that of France. If you read the entire article I have attached you will discover how ridiculous even marginally successful people are taxed. This is on top of a 20% Value Added Tax. (National Sales Tax) But ya all those things socialism gives you are free and no one...
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    Award winning economist says America has bankrupted itself with the Iraq war

    There's nothing wrong with socialism? That one made me laugh for a good long while. I enjoyed it. Other than an out of control unemployment rate and ever increasing taxes that only burden the economy more, its great. Economics 101, nothing is free.
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    RECESSION Vrs STAGFLATION

    Well I may be just a little bit more optimistic. In my opinion we have to possible scenarios, the latter is the one I believe to be more likely than the first. First scenario is that we fall into a recession and maybe even a deep recession and since we still produce 25% of the worlds goods there...
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    Ben Bernanke: Someone pay him to go & study the Great Depression or do anything else

    I definately agree with the fact that Greenspan holds a lot of the blame here. The thing I will not concede on is that Bernanke is playing the same game. He is not simply saving the system to play another day. He saved the system and is getting the ball moving on regulation to keep this from...
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