cono1977 wrote:last thing, when the light is black h1 meaning that we get?

The_Snowman wrote:You guys can say what you want about Forex Factory but at least over there when someone posts a method, all ofbthe information, downloads & updates are right there in POST #1

I don't see why a 10.6 Edsel thread has not been started as of yet...

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nanningbob wrote:As I had noted earlier the Chinese export growth had a terrible number. Now is that caused by faulty previous data or was there really a slowdown? Anyway the immediate impact of a slowing of economic data from China is the AUD and NZD go down. From a traders standpoint I would expect AUD and NZD to go down and as the USA drama plays out JPY strengthen despite its monthly bond selling program to depreciate the YEN. So I expect some gaping on the AUD and NZD end when the markets open. If the USA makes a deal this weekend then some huge gaps will come to play. If the USA does not make a deal you will probably see some real jumping around in the markets this week. It could be a very wild ride as investors, businesses, governments, and banks all start to get jumpy.

http://www.reuters.com/article/2013/10/ ... 1Q20131012

No matter how you may feel politically, and I sympathize with those who want to see smaller deficits and smaller govt. in the USA, you cannot make the threat of govt. default on 17 trillion of debt a bargaining chip. It is simply one of the most irresponsible things I have seen a group of politicians do. The reality of trading this makes it difficult since at any moment a news story of: THEY GOT A DEAL or THEY DONT GOT A DEAL, cannot be predicated by indicators or patterns or whatever you do. So please dont judge 10.6 by what happens this week. STRONG FUNDAMENTALS dominate a market and are not indicator predictable. So this is going to be a very news worthy week. Someone will go blah blah blah and the markets are going to jump in some direction crazily. Good luck and happy trading.

nanningbob wrote:Here is a bombshell that could explode sometime in the future. Guess who is the #1 party in France now?

The Front National is now the most popular party in France with 24pc according to a new Ifop poll. Both the two great governing parties of the post-War era have fallen behind for the first time ever. The Gaullistes (UMP) are at 22pc, and the Socialists at 21pc.
I am watching this with curiosity, since Marine Le Pen told me in June that her first order of business on setting foot in the Elysee Palace (if elected) would be to announce a referendum on membership of the European Union, with a "rendez-vous" one year later:
I will negotiate over the points on which there can be no compromise. If the result is inadequate, I will call for withdrawal. Europe is just a great bluff. On one side there is the immense power of sovereign peoples, and on the other side are a few technocrats.
Asked if she intended to pull France of the euro immediately, she hesitated for a second or two and then said: "Yes, because the euro blocks all economic decisions. France is not a country that can accept tutelage from Brussels."
Officials will be told to draw up plans for the restoration of the franc. Eurozone leaders will face a stark choice: either work with France for a "sortie concerted" or coordinated EMU break-up: or await their fate in a disorderly collapse.
"We cannot be seduced. The euro ceases to exist the moment that France leaves, and that is our incredible strength. What are they going to do, send in tanks?"

nanningbob wrote:Here is a bombshell that could explode sometime in the future. Guess who is the #1 party in France now?

The Front National is now the most popular party in France with 24pc according to a new Ifop poll. Both the two great governing parties of the post-War era have fallen behind for the first time ever. The Gaullistes (UMP) are at 22pc, and the Socialists at 21pc.
I am watching this with curiosity, since Marine Le Pen told me in June that her first order of business on setting foot in the Elysee Palace (if elected) would be to announce a referendum on membership of the European Union, with a "rendez-vous" one year later:
I will negotiate over the points on which there can be no compromise. If the result is inadequate, I will call for withdrawal. Europe is just a great bluff. On one side there is the immense power of sovereign peoples, and on the other side are a few technocrats.
Asked if she intended to pull France of the euro immediately, she hesitated for a second or two and then said: "Yes, because the euro blocks all economic decisions. France is not a country that can accept tutelage from Brussels."
Officials will be told to draw up plans for the restoration of the franc. Eurozone leaders will face a stark choice: either work with France for a "sortie concerted" or coordinated EMU break-up: or await their fate in a disorderly collapse.
"We cannot be seduced. The euro ceases to exist the moment that France leaves, and that is our incredible strength. What are they going to do, send in tanks?"

nanningbob wrote:I noticed the 1H green/red bar is showing green/red when it really shouldn't be. The STO filter part does not seem to be consistently working. it only should show if sto is below 20 or greater than 80. If someone could check on it that would be nice.