adding to The Dutch run 250% household debt to income.
Dutch banks have 650 billion euros on outstanding mortgages.
Dutch real-estate prices continue to tank.
love those "customers with increased risk awareness": "House prices have plunged by about 20 percent since 2008. They might not start to recover until 2014, according to ABN Amro estimates. Mortgage lending by Dutch banks is equivalent to about 90 percent of the country’s economy, double the average in the euro area, the central bank said in April.
ABN Amro had 153 billion euros in mortgage loans in the first quarter, with an average loan-to-value ratio of 82 percent. That was unchanged from year-end as the declining house prices were offset by additional repayments by customers with increased risk awareness. Loans exceeded property values in 21 percent of the outstanding mortgage values as of March 31, ABN Amro said."
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Maybe Holland is the stilt that when it finally breaks it pulls and shreds the Eu and euro apart IF only the customers with increased risk awareness pulled their deposit accounts out of their banks before they they get the Cyprus treatment lesson
Israel Dil 17:57:24 GMT - 05/15/2013
yes, I stay polite, BYE ;-)
Israel Dil 17:56:18 GMT - 05/15/2013
btw, two 4hr candles closing above 1.2885 may cause many mouses to come out the holes and get into the traps by facing them with the 1,3095 cannot happen anymore this month ... and 1.3095 happening will make me to make less money, so some mouses will be happy :-)
Israel Dil 17:41:33 GMT - 05/15/2013
I don't like day trading because a strong view gets limits by time and patience plays no role. for me day trading is like playing blackjack in the casino, 52%-48% ratio for the house. that's why only 10% of my capital is busy with gaming (day trading) :-)
Cambridge Joe 17:36:56 GMT - 05/15/2013
... and we don't like Day Trades because why.... ???
Cambridge Joe 10:50 GMT May 15, 2013
USDCHF: Reply
USDCHF begining to teeter..... NY sees it sell IMO.GL
Cambridge Joe 09:11 GMT May 15, 2013
GBPNZD: Reply
HOD in for gbpnzd IMO.
Israel Dil 17:36:00 GMT - 05/15/2013
mark, I am a real lousy day trader. and I even mentioned that when posted that trade.
Israel Dil 17:34:58 GMT - 05/15/2013
agree red, money is the size of the position and the gamble at stake.
the trading itself is view, time and patience !
prague mark 17:34:15 GMT - 05/15/2013
dill, you are guru... sell euro/usd 1.3005 and be stopped 1.3060.. remember ? so now you got some back but will get hit later :-)
london red 17:32:22 GMT - 05/15/2013
when its your money on the line people will and do think differently, its human nature. but switch that love/fear of money off and things become a whole lot easier. but imo you can only pick that up off your own back.
Israel Dil 17:28:49 GMT - 05/15/2013
Israel Dil 14:55 GMT April 30, 2013
sell in May and go away: Reply
that makes anything above 1.32 a sort of a gift.
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VCSA - very common sense approach !
Israel Dil 17:26:27 GMT - 05/15/2013
joe, I am just bored now :-)
still feeling sorry for many who insist to day trade and miss the actual moves ... I really hope to see rana from Tokyo around here as he may took serious hit with his usd/jpy at 65/- vision. but market (gravity) decided to go to 100 from 76,50
Make money Joe, just make money
GVI Forex Inner Circle 17:20:49 GMT - 05/15/2013
dil,, goal is to get on the strong side, any time frame. Road map is part of the CSA = Common Sense Approach
Cambridge Joe 17:16:22 GMT - 05/15/2013
Dil you appear to be speaking Jedi again not are you ? :-)
Israel Dil 17:12:58 GMT - 05/15/2013
GVI Forex Inner Circle 17:01 GMT May 15, 2013
LOL ... that was a good one, some still try to sell tickets for heaven to those jailed with the illusion to make money by DAY trading. the WFAK circle describes better.
wasn't selling anything above 1.32 a gift?
Israel Dil 17:11:59 GMT - 05/15/2013
GVI Forex Inner Circle 17:01 GMT May 15, 2013
LOL ... that was a good one, some still try to sell tickets for heaven to those jailed with the illusion to make money by trading. the WFAK circle describes better.
wasn't selling anything above 1.32 a gift?
GVI Forex Inner Circle 17:01:41 GMT - 05/15/2013
See this chart - as usual worked like a road map today
If you want to see more like this get it for free at
SellEURUSD Entry: Target: 1.23 [> 1.15 this year Stop: 1.3095
expecting eur/usd to trade below 1.27 still this week.
France and Italy may trigger major move down soon that may all summer long.
Israel Dil 19:14:41 GMT - 05/14/2013
SellEURUSD Entry: Target: Stop: 1.3150
Stop level adjusted and some pips converted into booked profits
buying USD remains the theme for now, timing is the to personal style and preference. Make money
Dil
Israel Dil 18:47:50 GMT - 05/10/2013
the dutch will smoke marijuana and will come with a magic solution to solve all problems, they will hire Amman Wfakhoury as fheir head of crisis team.
Mtl JP 18:42:27 GMT - 05/10/2013
ya, lets weaken euro to zero
The Dutch run 250% household debt to income.
Dutch banks have 650 billion euros on outstanding mortgages.
Dutch real-estate prices continue to tank.
Israel Dil 18:31:51 GMT - 05/10/2013
growth and payment of debts across Europe needs much weaker single currency ... the rest is scalp mania, selling the EURO is the trade that makes and will make money.
Dil
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