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- webart commented Feb 15, 2012
I smell fear .. I think this is the reason China's is piping in here ....
PBOC Zhou: China to play a bigger role is solving problems in Europe
- webart commented Feb 15, 2012
Yeah well they sure couldn't drop em anymore ! They've had their foot flat on the throttle for way way too long with wheels spinning and tyres smoking ... infact it was in large part that that started the entire shit storm.
Fed could hike interest rates before late 2014
- webart commented Feb 15, 2012
My view is the EUR will move down significantly in the next 1 hour ... probably closer to the hour

German finance minister says doubts Greece has met all conditions
- webart commented Feb 14, 2012
Well, I'll be holding my short for a while yet

EURUSD: Weakens, Bear Pressure Turns Risk To The 1.3026 Level
- webart commented Feb 14, 2012
It's still possible, and probable + further.
EURUSD: Weakens, Bear Pressure Turns Risk To The 1.3026 Level
- webart commented Feb 14, 2012
Exactly, T-USA, Wen said he had no intention of helping the EUR, so what changed ? The wind changed direction ? Anyway everything I have read so far is very vague on what help they are proposing, there is nothing concrete at all. Basically they MAY ...
PBOC Zhou: China to play a bigger role is solving problems in Europe
- webart commented Feb 14, 2012
It will be a lesser world with China having influence over everything ... infact I believe it already is .. they already own America's retirement.
PBOC Zhou: China to play a bigger role is solving problems in Europe
- webart commented Feb 14, 2012
What a bunch of crap, Dick Smith is closing down most of its stores along with a major chain of bedding supplies, Holden (GM) is scaling back big time, and ANZ bank slashed 1000 jobs. Thats just this month. No one can compete with the high AUD and ...
Surprise jump in Australian consumer confidence
- webart commented Feb 14, 2012
dont forget to look at the revisions .... not so good.
Retail Sales in U.S. Rose in January as Shoppers Sought Post-Holiday Sales
- webart commented Feb 14, 2012
On my chart the last rally stopped to the very pip on a resistance line and then turned (can't post chart here unfortunately). I am short I have been for about 24 hours and will stay that way, no I didn't jump out with a 25pip SL or TS like the mob. ...
EUR/USD Starts Week with 61.8% Retracement Pullback
- webart commented Feb 14, 2012
hmmm, I guess the promises of some of their vast currency reserves is enough to shut everyone up about Tibet. It is BS I agree, they have said before they have no intention of helping, nothing has changed, so why now are they hinting that perhaps ...
China's PM: China Ready To Do More To Address EMU Debt Crisis
- webart commented Feb 14, 2012
He previously said he wouldn't help Europe. ANother head without a body story from twitter. I' wonder if the poster fronted the market before the post.
China Wen: Preparing For Further Involvement In Helping Europe
- webart commented Feb 14, 2012
Not sure who Robert Minors is, never heard of him, I've read very little of anyone to be honest. As for EW, a famous EW trader is Paul Tudor Jones. Now he saw in '86 we where exhausting the end of wave 5 of a super cycle. He trades almost ...
EUR/USD Starts Week with 61.8% Retracement Pullback
- webart commented Feb 14, 2012
Well your example of that retracement is fib price only, not time and price, hence my previous point. In anycase you need to look for confluence of say a fib p&t S/R, with a median line / parallel line S&R and perhaps some divergance along with your ...
EUR/USD Starts Week with 61.8% Retracement Pullback
- webart commented Feb 14, 2012
The big players make allot of their money from the mob, from mob stops, from mob strategies and mob psychology. Sure Fibonacci underlies the structure of the market, there is no doubt and it goes hand in hand with EW, however its more than just ...
EUR/USD Starts Week with 61.8% Retracement Pullback
- webart commented Feb 13, 2012
1987 crash was the end of Wave 5 Supercycle, people where predicting it for a long time before it happened and some of those same people made millions from it. The question you should ask is, where in the cycle we are now.
The 1987 Myth…
- webart commented Feb 13, 2012
Sorry it's kinder garden homework, no one makes consistent money from these kind of charts. You need to find something to beat the mob, rather than something that the mob is using. The mob looses in trading. My advise to new traders, learn EW and ...
EUR/USD Starts Week with 61.8% Retracement Pullback
- webart commented Feb 13, 2012
Higher currency value means its harder for exporters and therefore the manufacturing industry ... so less job.
Europe Job Losses Accelerate on Global Cuts
- webart commented Feb 3, 2012
No regulations here and good brokers too. I use Go Markets myself.
Australia – why is it suddenly a retail Forex center?