FOREX PRO Weekly May 07-11, 2012

[MidnightRun]

Hi guys, Am I missing it or there really has been no update from Sive this morning?
Thanks

 

[Venelin]

Hi guys, Am I missing it or there really has been no update from Sive this morning?
Thanks

It is 4 posts before...

 

[MidnightRun]

Found the update. Still not fully awake I guess

 

[Triantus Shango]

mau, it's still at mibbit but i haven't been there the past few days because am too busy working on my startup.

Hey Sive
Thanks again sive. Great work.

TRIANTUS - were did the chat forum go to?

 

[Triantus Shango]

if we don't break the figure soon, i'll eat my hat!

 

[asif faryad]

I hope you dont mind onkous as i read your post on the daily vid bit and thought would re post on the main forum site.

Asif.


onenikos
Private, 1st Class
Join Date
Apr 2010
Location
Athens, Greece
Posts
59
French & Greek Elections Aftermath
Dear Sive and All
We now have a Socialist President in France after 17 years who claims will not adhere to the austerity measures policies. Germany says that they can discuss anything except departure from agreed austerity policy.The Greek elections on the other hand showed a dramatic drop of both ruling parties and a rise of the so called anti-memorandum parties referring to the memorandum agreement on hard austerity measures adapted by the previous ruling parties for which their leaders have also sent personal letters to Brussels vouching for it. How does these events influence the financial markets? France, despite the rhetoric will not embark in any radical moves. What will happen is that the growing idea within the Eurozone that there must be a shift towards "growth" as opposed to purely austerity will find gradual ground to grow, but nothing drastic. With Greece the situation will hold the suspense for at least end of June, as it is most probable that there will be no agreement to form a government and the country will go back to elections. This will increase the possibility of the anti-austerity parties to win that in this case will indeed completely withdraw from the agreed policies and adapt other solutions. Whether these solutions will be accepted or not the future will tell. The bottom line though is that the weight pulling Euro down will once again be Greece, being the lack of decision making government until elections or the great possibility that after these elections the ati-austerity climate will prevail. By the end of this week it will be clear whether a government can be formed (Very low possibility) or the country will go back to elections.
Let me state here that you are reading personal opinions and as such do not represent advice for financial actions. They are given here as a minimum measure of gratitude to Felix and Sive for having this very useful service and similarly to all of you here at this post.
All the Best to you all!

 

[daniellim]

One thing that we do not want to see is a strong plunge down through 1.29. This could become a hint that market is following by bearish scenario. We also have discussed it in weekly research.

there goes the plunge at 1h chart of 30pips

 

[Marketjoy Trader]

ASIF, Thanks for your willingness to be of help. Is there a forum where we can meet and chat more freely? Past experince have shown that there are usually complaints from forum members when the thread is becoming too personalised. BTW seems you dont like been seen as mentor.

Hi Ayoayo,

Lol come on!!!!!!! A guy pays a compliment to a lady! and sincerely wishes her luck,and get cheesy comments from some of you..whats the world coming to!

I am moving in the next 2 months to my new country and home in Cyprus.
Yes i dont no about mentoring as i have learnt all this from the school of HARD KNOCKS...
will be happy to let you know how i overcome my challenges..

i am sure your traditional costume is just fine... lol )))

Asif

 

[Triantus Shango]

there sure is. here: cbe005.chat.mibbit.com

when you get there, type in your FPA username, and the chat room name, which is: #FPASteamroom.

pay attention to the capitalization. all first 4 letters should be capitalized or you'll end up in a different room.

ASIF, Thanks for your willingness to be of help. Is there a forum where we can meet and chat more freely? Past experince have shown that there are usually complaints from forum members when the thread is becoming too personalised. BTW seems you dont like been seen as mentor.

 

[asif faryad]

Thanks Buddy!

Hope your making loads of cash!!!!!!!

Or you can send me a private message through members site ayoayo