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crodzilla

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Posts posted by crodzilla

  1. Keep in mind, if the debt ceiling (debt target) does not get raised, you will see interest rates rise for all US Debt. What happens to currency value when interest rates rise (in its country)? Currency prices move up. So, you will see the USD strengthen. The higher the currencies interest rate, the value of the currency goes up, because that is how money flows on this globe. Money chases returns (ie. carry trade.)

     

    If the debt ceiling (target) gets raised again (which I expect), the dollar will continue to fall. Our government will continue to print money, which will weaken its value.

     

    Our country cannot afford interest rates to rise. If they do, by 50 or so basis points, we are done. We will end up like Greece on a faster track than ever. Our debt will be harder and harder to pay off if our interest rates rise.

     

    Now think about this... Have you ever seen a company that spends more money than they have in their credit line keep a triple-A bond rating??? Never happens. The only reason that the US has a triple-A bond rating is for political reasons.

     

    Also, I don't see the EURUSD making any major trends in the near future, once the debt ceiling is raised. Europe is not in very good shape either. The EU is struggling to bail out country after country.

     

    PS. You are right. Our politicians made a deal with the devil (Federal Reserve - a private bank) long ago. There are some that are fighting with those ties now. I just read about the first "Audit" conducted by the US Congress of the Federal Reserve. It seems they have "loaned" $16 Trillion dollars to dozens of global banks at 0% interest. Hmm, our country is in debt $14.5 Trillion... doesn't make a lot of sense.

  2. This week the call sellers have the top 3 spots. The call sellers are moving price down nicely this week. Price hit #1 ranked call OI level and is continuing down. Very interesting...

     

     

    Anyone else notice that EURUSD power levels ranked #1, 2 and 3 are all put options. Which, as of this morning are below current price. It took this week to do it. So, the put option sellers made some serious money.

     

    Hmm, will have to keep an eye on the configuration of OI's in the future.

  3. I've read everything on his website, he has been making market calls for several months now, on different markets. It seems very interesting. Gann was a truly brilliant man.

    IF the method he shows works like he shows, it should not be shared here... but it should be in a SPECIAL place for people willing to learn it properly. But not for $5200.

  4. Here is the mod for backtesting purposes...

    Use FxPro for GMT+2.

    Select the number of daysback you would like the indicator to "see."

     

    http://www.multiupload.com/6L6KJBRX8P

     

    I was just guessing, looking at their website, since nobody offered anything better.

    It sounds like you know a lot about it!

     

    Which forum is this indicator being talked about?

     

    From the screenshots on their website, it looks like they were doing scalping with this indicator. I did not see anything near "set and forget" from those screenshots, or the description.

     

    As a matter of fact, the website says, "For Active Trader - Day Trader", which does not sound like set and forget.

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