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  • Minutes of the Federal Open Market Committee

    From federalreserve.gov

    Read Full Story at federalreserve.gov

    Market participants reportedly read the September FOMC statement as pointing to a significant increase in monetary policy accommodation. As a result, financial conditions generally eased appreciably early in the intermeeting period. However, toward the end of the period investor sentiment deteriorated somewhat, in part because of concerns about corporate profitability. Short- and medium-term nominal Treasury yields ended the intermeeting period up slightly, and long-term yields were about unchanged on net. At the same time, real yields on Treasury inflation-protected securities (TIPS) decreased ... (full story)

    • jonahky7

      4,531 posts
    • America is fked if they carry on with QE, bunch of noobs

    • anilamil

      172 posts
    • trade content is busy..... i hate this statement....

    • Ahmadmounir

      5 posts
    • The eur/usd hits the 1.2775 what do u think ? will keeping rising north or will go back south?

    • Black Caviar

      251 posts
    • oh man,gold is going down very sharply it touched 1725.80 already now

    • Loadedgun

        3,199 posts
    • Told you folks - will say it again - "news" changed nothing - prices remain in direction and to think how long folks waited for this?

    • sfurqan

      279 posts
    • what is the conclusion of FOMC?? n e strong points negative or positive for gold?

    • Ijaz Anwar

      312 posts
    • Quoting Loadedgun
      Told you folks - will say it again - "news" changed nothing - prices remain in direction and to think how long folks waited for this?
      agreed nothing is going to change gold will circulate in same position

    • Black Caviar

      251 posts
    • Quoting sfurqan
      what is the conclusion of FOMC?? n e strong points negative or positive for gold?
      negative

    • krizso

      7 posts
    • If EURUSD manages to close this h1 candle under 1.2753 and this nice huge spike remains on this h1 candle with that little tiny rsi bearish divergence, that can make an end of this counter trend and the pair is continuing its way down. Anybody agrees?

    • KevinThomas

      361 posts
    • Quoting krizso
      If EURUSD manages to close this h1 candle under 1.2753 and this nice huge spike remains on this h1 candle with that little tiny rsi bearish divergence, that can make an end of this counter trend and the pair is continuing its way down. Anybody agrees?
      No way for EU UP!!

    • iceheart

      56 posts
    • what is the relation between usd and oil?

    • Ijaz Anwar

      312 posts
    • Quoting krizso
      If EURUSD manages to close this h1 candle under 1.2753 and this nice huge spike remains on this h1 candle with that little tiny rsi bearish divergence, that can make an end of this counter trend and the pair is continuing its way down. Anybody agrees?
      if it stays about half an hour at same then i may agree your statement otherwise sorry

    • anilamil

      172 posts
    • Quoting iceheart
      what is the relation between usd and oil?
      lets say....OILUSD or xauusd ?

    • Dr.Zain

      911 posts
    • Quoting Loadedgun
      Told you folks - will say it again - "news" changed nothing - prices remain in direction and to think how long folks waited for this?
      This was my post 4 hours ago!!!
      Gold held below 1730.00 pivotal intraday resistance, headed to retest 1722.00 support. A clear break below the recent low at 1718.00 clears the way to first target at 1712.00.
      Selling gold around 1730.00 targeting 1713.00 and 1703.00. Stop loss above 1738.00!!!!
      And following post from me 5 hours ago
      Selling the pair(Euro/USD) around 1.2760 targeting 1.2600 and stop loss above 1.2845 might be appropriate fro intraday trading
      The pair has experienced the Fibonacci level of 50% from below as projected this morning where one believe that the renewed selling pressures may start again. all one need to witness a break below 1.2700 followed by 1.2680 over intraday basis to confirm the bearish scenario!!!

    • IberoForex

      560 posts
    • Keep on buy, keep selling, continue to move the market .......!!

    • frx_trader

      941 posts
    • I don't see big impact so far. Maybe it's already priced in or anticipated. It maybe false breakout. I keep my positions.

    • Antiromantic

      17 posts
    • this H1 candle will also close after half an hour that is exactly what Krizso was tryn to say

      Cheers
      Quoting Ijaz Anwar
      if it stays about half an hour at same then i may agree your statement otherwise sorry

    • anilamil

      172 posts
    • the tax is pending.... so gold will up.... :|

    • Black Caviar

      251 posts
    • Quoting Dr.Zain
      This was my post 4 hours ago!!!
      Gold held below 1730.00 pivotal intraday resistance, headed to retest 1722.00 support. A clear break below the recent low at 1718.00 clears the way to first target at 1712.00.
      Selling gold around 1730.00 targeting 1713.00 and 1703.00. Stop loss above 1738.00!!!!
      And following post from me 5 hours ago
      Selling the pair(Euro/USD) around 1.2760 targeting 1.2600 and stop loss above 1.2845 might be appropriate fro intraday trading
      The pair has experienced the Fibonacci level of 50% from below as projected this morning...
      I agree with u Dr Zain,it's a bearish scenario

    • Black Caviar

      251 posts
    • Obama saying that on fiscal cliff: `I believe this is solvable`

    • moaf

        913 posts
    • Quoting frx_trader
      Buy GBPUSD. Target 1.5980.
      sounds good, why not

    • sfurqan

      279 posts
    • can somebody post a link of FOMC minutes??

    • moaf

        913 posts
    • think we will test 1.2670 again, before rebound.

    • iceheart

      56 posts
    • is this target for today.. for the GBP

    • frx_trader

      941 posts
    • Quoting moaf
      sounds good, why not
      like .

    • Kobe8kenji

      24 posts
    • pinbar forming at resistance. looks like reversal likely

    • frx_trader

      941 posts
    • Quoting iceheart
      is this target for today.. for the GBP
      It's short term target.

    • Guest

      IP XX.XX.104.141
    • Gold (the ultimate QE indicator) hardly blinked at these minutes. I did not react fast enough to the news (which took about 10min to sink in) to get in a trade. But thanks to the Fed (actually the traders that interpreted these minutes), things went my way and I took partial profit on position short Dow. Keep on running, see you all at Dow 10,000. Still wondering what triggered that drop after about 10min.

    • moaf

        913 posts
    • damn, just check tomorrow calendar, sweet ...

      I will bet on huge volatility with break even at the end of day

    • jonahky7

      4,531 posts
    • Quoting moaf
      think we will test 1.2670 again, before rebound.
      lets be more gracious, try .2641

    • Dr.Zain

      911 posts
    • Quoting jonahky7
      lets be more gracious, try .2641
      1.23 in coming 3 months!!!!

    • jonahky7

      4,531 posts
    • Quoting Dr.Zain
      This was my post 4 hours ago!!!
      DOesn't matter who posted it first, question is did you trade what you said? That's more important.

      Quoting Dr.Zain
      1.23 in coming 3 months!!!!
      Don't predict where it will go in 3months becos no one fking knows what's going to happen in 3months time. It;s laughable when a trader say things like this really. I can't even predict what's going to happen next week let alone 3months!!!!

    • iceheart

      56 posts
    • BUT GBP seems to be bearish too on what indicators are you evaluating the situation?

    • mahalex

      9 posts
    • I am keeping long USD/CHF. I don't care what they say or do.

    • hss

      203 posts
    • Quoting jonahky7
      DOesn't matter who posted it first, question is did you trade what you said? That's more important.



      Don't predict where it will go in 3months becos no one fking knows what's going to happen in 3months time. It;s laughable when a trader say things like this really. I can't even predict what's going to happen next week let alone 3months!!!!
      jonakhy for tomorow we can expect for eur to south

    • jonahky7

      4,531 posts
    • Quoting hss
      jonakhy for tomorow we can expect for eur to south
      Hey buddy, I'm still sticking to post #48 in the following comment I made this morning

      http://www.forexfactory.com/news.php?do=news&id=395002

      Hope that is helpful

    • Exodus

      1,213 posts
    • Quoting jonahky7
      lets be more gracious, try .2641
      No, let's say 2639, then my long entry will trigger

    • moaf

        913 posts
    • Quoting Exodus
      No, let's say 2639, then my long entry will trigger
      Quoting jonahky7
      lets be more gracious, try .2641
      damn, if so many bears here I have to buy

    • Guest

      IP XXX.XXX.249.12
    • why all this negatives news for U.S. are not HELPING the EUR/USD ?

    • moaf

        913 posts
    • Quoting iceheart
      BUT GBP seems to be bearish too on what indicators are you evaluating the situation?
      yeah, but lost momentum in my opinion, I think that break of 200 dma is not enough to be so bearish ... first check the rest UK data of this week, 1.58 is good price.

    • jonahky7

      4,531 posts
    • Quoting moaf
      damn, if so many bears here I have to buy
      Come on there are only 2 bears here with 2 positions compared to a yellow submarine with 5 long positions from .2811 till .2682 who has possibly not breakeven now if it hasn't closed with few pips of profit today after 1 week and 2 days tomorrow. Which is a better bet for you?

      Don't forget I buy and sell. Coming to that I'm fking leaving MB trading here in UK. How dare they impose US bloody regularities here at their branch in UK who is regulated by UK. No more hedging - screw them!! Going off to another broker tomorrow positively

    • Minotaur

      264 posts
    • lol i missed the party!

      Only a close above 2795 will make me consider bying dips again. "Consider" i must repeat that

    • jonahky7

      4,531 posts
    • Quoting Exodus
      No, let's say 2639, then my long entry will trigger
      Not far matey, SP500 may be hitting critical support 1348.4 soon, it might jolly well conincide with .2641 . You know it's always very precise when manipulators are in place

    • moaf

        913 posts
    • Quoting jonahky7
      Come on there are only 2 bears here with 2 positions compared to a yellow submarine with 5 long positions from .2811 till .2682 who has possibly not breakeven now if it hasn't closed with few pips of profit today after 1 week and 2 days tomorrow. Which is a better bet for you?

      Don't forget I buy and sell. Coming to that I'm fking leaving MB trading here in UK. How dare they impose US bloody regularities here at their branch in UK who is regulated by UK. No more hedging - screw them!! Going off to another broker tomorrow positively
      I am a bit confused, after this summer, bad news was good and good news was good

      Now after election hard to change this attitude, need some weeks to find my mojo again

    • jonahky7

      4,531 posts
    • Quoting moaf
      I am a bit confused, after this summer, bad news was good and good news was good

      Now after election hard to change this attitude, need some weeks to find my mojo again
      Same here, after got bitten few times in summer its difficult to change and I think that's where the big player plays their psycho game - with the help of psych boys.

      By the time we change our mentality - its about time to go the opposite direction again

    • moaf

        913 posts
    • Quoting jonahky7
      Same here, after got bitten few times in summer its difficult to change and I think that's where the big player plays their psycho game - with the help of psych boys.

      By the time we change our mentality - its about time to go the opposite direction again
      so true. i think that they hire some mentalists

    • Minotaur

      264 posts
    • thats a nice buy on gu, but im better of to sleep cheers!

    • May

      64 posts
    • The market is in exactly bullish USD trend. Today BoE letter confirm this and also other central banks have dovish statements for their own currencies. So they feed trend, because there must be an agreement; to make a trend together. But Gold may have different future because of China. Today there was news that China wants to get more Gold reserves. This can push the Gold other side.

    • jaygee

      2,159 posts
    • At least get your facts straight...o thats right, facts elude you. sorry. it is 10 longs. don't be such a putz your whole life and at least tell the truth if you are going to attempt to embarrass someone. try and get your facts straight or better yet just shut up your trap from all of the lies.
      Quoting jonahky7
      Come on there are only 2 bears here with 2 positions compared to a yellow submarine with 5 long positions from .2811 till .2682 who has possibly not breakeven now if it hasn't closed with few pips of profit today after 1 week and 2 days tomorrow. Which is a better bet for you?

      Don't forget I buy and sell. Coming to that I'm fking leaving MB trading here in UK. How dare they impose US bloody regularities here at their branch in UK who is regulated by UK. No more hedging - screw them!! Going off to another broker tomorrow positively

    • Fx Hiflyer

      339 posts
    • Quoting May
      The market is in exactly bullish USD trend. Today BoE letter confirm this and also other central banks have dovish statements for their own currencies. So they feed trend, because there must be an agreement; to make a trend together. But Gold may have different future because of China. Today there was news that China wants to get more Gold reserves. This can push the Gold other side.
      interesting.....gold has been following euro/usd........now if euro goes down i dunt understand where is gold going to end up.....there have been news about China buying more gold from before....... now when the fed started to buy gold..the scenario changed completely and the demand is high and all that crap......plus all those talks about qe 3 and what the big boys said........where should gold go end of this year??????????????????????

    • jaygee

      2,159 posts
    • anyone else notice the inverted red hammer on the 60m eur/usd chart up through the 60m200 and retrace below it? my exit was at 82. just missed out on a nice long exit. i was going to set it at 75 the pop high of the 9th but didn't. better luck next time i guess. still ITM but barely

    • frx_trader

      941 posts
    • As I have mentioned 1.2700 is a strong support. They have tried to break it several times this week, even tested to break another level of support of 1.2650. Yet, it bounced back up. Will they try again this week? Not likely. If today they can break 1.2750, then it will go straight up to 1.29. At that point, it will depend on situation to be bullish or bearish.

    • jonahky7

      4,531 posts
    • Quoting jaygee
      At least get your facts straight...o thats right, facts elude you. sorry. it is 10 longs. don't be such a putz your whole life and at least tell the truth if you are going to attempt to embarrass someone. try and get your facts straight or better yet just shut up your trap from all of the lies.
      2 pts that is true now:

      1.) you admitted you are the yellow submarine that I yack about that shout n shout your entries to be trap while waiting for a miracle, I didn't mentioned names did I?

      2.) it is so typical of u that whenever you loses a trade or can't get a pip you lash it out on others.

      Didn't I "advise" u to take TP while u could but becos of ur arrogance u have set a TP too high.

      Anyway not here to lecture you of ur arrogance ego, just wish u get some pips after 1 week 2 days of trying to break even with your 10 longs, sounds desperate to me anyway

    • Loadedgun

        3,199 posts
    • Quoting manahil
      y stock down?
      People are selling them.

    • jonahky7

      4,531 posts
    • Option expiry for parasite at .2775 - interesting

      Still like my .2753 magnet though

    • Black Caviar

      251 posts
    • Somebody asked me, what is the price of gold? So I answered at 5 pm. He thought the gold price was only seen at 5 pm. Then I told him, 5 pm means=1700 LOL

    • HeavenDiablo

      11 posts
    • sell gold? You trade on forex? omg OMG OMG

    • Exodus

      1,213 posts
    • Quoting HeavenDiablo
      sell gold? You trade on forex? omg OMG OMG
      In the beginning there was gold, now there is only the promise of gold...

    • BaitUp

      171 posts
    • Quoting jaygee
      At least get your facts straight...o thats right, facts elude you. sorry. it is 10 longs. don't be such a putz your whole life and at least tell the truth if you are going to attempt to embarrass someone. try and get your facts straight or better yet just shut up your trap from all of the lies.
      Looks like you win again! Nice calls Jaygee!

    • BaitUp

      171 posts
    • Quoting jaygee
      Thank you BaitUp.
      You are welcome Jaygee! I also thought you had made a mistake on the EUR/USD pair...but rather than stick my foot in my mouth I decided to wait and watch...unlike someone else who is now strangely silent all of a sudden. Did you sink him with a torpedo? LOL! Anyway...did you close those positions?

    • jonahky7

      4,531 posts
    • LOL - u yacking about moi? I've done my trade in the morning.

      One week and 3 days of anxiousness - well done to get some miracle pips to submariner, am sure there will be more.

      I don't u-turn on my words as I've mentioned it has good trades sometime (I meant sometime) but shouting at the wrong time doesn't do one any favour. If one has unlimited ŁŁ, there is no need for SL as eventually the person will breakeven - thus the beginngin of the yacking again, just as expected. Nothing rocket science

      Bunch of arrogant noobs from the other side of the pond.

      Blessed not to live in a 16trillion debt land and still so arrogant, I rest my case.

      Notice ff has a new advert for traders to shout their entries and for thei bunch og noobs to follow them, think it's call fx copy something. Try shouting there then in ff.

      Although I don't own FF, I believe it is for discussion not ego shouting. Anyway 1 week and 3 days is a long wait to get some pips

      At least it's good to see it becoming a bit more humble after a week of grilling.

    • jaygee

      2,159 posts
    • BaitUp,
      i still have aud dollar long and uj short. I don't like either one very much but i have learned if you watch your mm and find a decent system, it usually works out. I think if we all stick to trading discussion, it will make this a better place. Good luck in your trades. I usually enter trades based on medium tf's but get in small and increase that as the larger tf's come into play. It works but can be a bit stressful at times. Let's all make a lot of money here. That is the idea right? good luck.

    • jaygee

      2,159 posts
    • That is a very good point exodus. When i look at a monthly gold chart, i think of that one day when it all falls apart. It definitely will some day. I have never seen a chart like that one that did not.
      Quoting Exodus
      In the beginning there was gold, now there is only the promise of gold...

    • BaitUp

      171 posts
    • Hey Jaygee. Will you carry those trades over the weekend? Me personally I am waiting to wallpaper my office with Euro's one day...as soon as my pawnshop gets them in. I noticed your azzbiter decided to call me a "noob from across the pond". LOL!! Maybe you can remind it that if we didn't come rescue their weak behinds a few years back they would all be speaking German now! How do you put up with that goofball?

    • jaygee

      2,159 posts
    • depends on tomorrow for the trades but i don't have a problem carrying them over because i am very very small vs acct size in them. that is the key for me. i have this euro short too that is a scalp and i will close it soon for a few.
      I learned a long time ago if you ignore something long enough, eventually it goes away. I guess i don't get the motive but i don't need to. it really isn't a big problem for me. i think it is someone elses problem if you catch my meaning. good luck.

    • jaygee

      2,159 posts
    • i am closing this euro short on the nov 14 top. that spike. buy to cover eur/usd 2794 short at 2778. I actually have a buy order in on it at the 60m200 which will probably coincide with the new 60m utl i have just drawn. If it makes it there, i will re-enter long.

    • Exodus

      1,213 posts
    • Quoting BaitUp
      ...Maybe you can remind it that if we didn't come rescue their weak behinds a few years back they would all be speaking German now! How do you put up with that goofball?
      ....and I will point out how this side of the pond was enslaved to the mercenaries waving a glittery flag - all in the name of freedom. The UK only finished paying-off that account this century!

    • BaitUp

      171 posts
    • OK Jaygee. Good luck with your trades. I'm off to an appointment.

    • DemoAntares

      226 posts
    • blah blah blah news...did short yesterday on eur, didn't take my 25 pips(greedy bastard), lastly i took 8 pips loss, entered long, now I'm satisfied - at th e moment I'm being cautious because entering trade here is nomansland...was thinking short position on that 1,2790 but was too afraid because vix is growing like crazy meaning a huge amount of putters is betting on spy fall - meaning - central banksters will probably ''release'' a decent amount of dollars (dollar down) to not to be able to cash out the shorters...to sum it up, IF the zone .275-.276 would be reached, I'd long there...just to test my theory, would put a SL 30 pips below...

    • jonahky7

      4,531 posts
    • Quoting Exodus
      ....and I will point out how this side of the pond was enslaved to the mercenaries waving a glittery flag - all in the name of freedom. The UK only finished paying-off that account this century!
      Well, what can I add? Nothing, the leader of the pack in his election campaign said - "We solved the problem ourselves", what a sad sod. Without the aid of China, I bet the debt of US will be at least doubled to 32trillion not 16trillion. Any oldhow, it's typical arrogance attitude, can't complain much.....

      By anyway, it's good to see some being a bit more humble after a week of nail biting exercise. And giving out advises again, wow that;s a good change, let's hope it stay that way rather than shouting entries, after all as it says ff is for pure discussion lol (rather contradicting ain't it)......for how long I won't want to count at all.

    • jonahky7

      4,531 posts
    • Quoting DemoAntares
      blah blah blah news...did short yesterday on eur, didn't take my 25 pips(greedy bastard), lastly i took 8 pips loss, entered long, now I'm satisfied - at th e moment I'm being cautious because entering trade here is nomansland...was thinking short position on that 1,2790 but was too afraid because vix is growing like crazy meaning a huge amount of putters is betting on spy fall - meaning - central banksters will probably ''release'' a decent amount of dollars (dollar down) to not to be able to cash out the shorters...to sum it up, IF the zone...
      Try not to short during NY session, they are notorious for being fking greedy. The piggy noobs there have a habit of selling dollar to start the session than buy dollar back at the end.

      Just my 2cts off record info.

    • DemoAntares

      226 posts
    • Oh thanx m8, I'm very well aware of it, rarely I'm putting my trades during NYSE session.

    • jonahky7

      4,531 posts
    • Quoting DemoAntares
      Oh thanx m8, I'm very well aware of it, rarely I'm putting my trades during NYSE session.
      Great, that's one of the reason y I try to finish off my trades in the morning of EU session and watch the rest of the day and get into fights with noobs in ff later

      Enjoy

    • DemoAntares

      226 posts
    • Ofc, it is nice to share opinions though, cuz I was once noob too and it is good to c where I made mistakes (fighting about trading is pointless because it doesn't lead to character, it only leads to ego and we know where that leads - to 0$ on acc)...I'm glad i didn't enter short on that 1,2790 lvl (though I'd be 20 pips golden by now) cuz it wouldn't be a correct trade...and then I would boast around saying I made 20 ''easy'' pips blah blah blah - now try to understand what that says about me and my character - entered a wrong trade and made profit (by wrong trade I mean technically unjustified) and then boasting on ff how good I am...I c 90% of ppl are doing it here...
      ...but...as I always LOVE to say, if it weren't for those 90%, how would i make money

    • jonahky7

      4,531 posts
    • Quoting DemoAntares
      Ofc, it is nice to share opinions though, cuz I was once noob too and it is good to c where I made mistakes (fighting about trading is pointless because it doesn't lead to character, it only leads to ego and we know where that leads - to 0$ on acc)...I'm glad i didn't enter short on that 1,2790 lvl (though I'd be 20 pips golden by now) cuz it wouldn't be a correct trade...and then I would boast around saying I made 20 ''easy'' pips blah blah blah - now try to understand what that says about me and my character - entered a wrong trade and made profit...
      lol i too was once a noob, a dead noob.

      There's something justifiable on the chart. Both .27892 and .28028 are R lines, so it make sense to scalp for 20-30pips there buddy - I did.....guess I fall into that 90% of your category.

      Are u based in Cambodia at the moment?

    • DemoAntares

      226 posts
    • The problem with today's market (last 2 weeks) is that it is in correction mode, big guys have unloaded and protected their profits (sell b4 the tax man takes more, aka fiscall cliff) that these last movements on eur/usd have been pretty unpredictable (I was just scalping 10 pips max and exiting with small profits).
      But in general I am for a long position on eur, and at this moment I'm using these dips as a buy oportunity - that is long term ofc...in short term I think there may yet be another pullback bellow 1,27 line - there I think is another good buying opportunity provided that u have thick enough acc which can withstand spiking from central banksters bellow those lines...
      Furthermore I think that big fat greedy american banksters will not allow falling from fiscal cliff simply because if they do, the tax man wont choose who to skin off and it's all the same to them because they will be skinned of by obama nonetheless in order to reduce the deficit made by bb and co. Sectors are now rearranging and I c everything going north xcept dollar...that is from here...
      perhaps I should put a disclaimer here that if I think so, plz take into consideration that it is my opinion and that I could be wrong.

    • shovon

      241 posts
    • Hi Jonahky....I was looking for your comments all over the forum for whole day...good to see now....

      By the I wanted to about your reading for tomorrow's eur movement.... Your calculation is really good...I wanted to match mine with yours.... Could you please share....?

    • DemoAntares

      226 posts
    • I agree for the resists there, especially ,2800...why would u fall into that category? didn't mean that at all, I was referring to those ''buy gold'', or ''sell usd'', or sth like that without any explanation or reasoning or psychology behind it and calling lvls which in 90% make them noobs (and dead ones too)

    • jonahky7

      4,531 posts
    • Quoting DemoAntares
      The problem with today's market (last 2 weeks) is that it is in correction mode, big guys have unloaded and protected their profits (sell b4 the tax man takes more, aka fiscall cliff) that these last movements on eur/usd have been pretty unpredictable (I was just scalping 10 pips max and exiting with small profits).
      But in general I am for a long position on eur, and at this moment I'm using these dips as a buy oportunity - that is long term ofc...in short term I think there may yet be another pullback bellow 1,27 line - there I think is another...
      What I finally understood after gathering all the news sentiment was fat fingers Noob-gan Stanley was pushing and piling in until it gave way. (Though my market sentiment might be totally wrong but timing looks about right).

      Still bear bias with Israel n Hamas possibly going into war this weekend, best place is to short the parasite as us bucks becomes safe haven again

    • DemoAntares

      226 posts
    • bear bias it is, spx is letting the 1350 and closing below it probably...and usd safe haven - yes, meaning long position on 1,275 (as I was thinking of retracing this spike) might be very very risky...

    • jonahky7

      4,531 posts
    • Quoting shovon
      Hi Jonahky....I was looking for your comments all over the forum for whole day...good to see now....

      By the I wanted to about your reading for tomorrow's eur movement.... Your calculation is really good...I wanted to match mine with yours.... Could you please share....?
      Nah - I'm being called a circus performer by some, so they should have better readings than mine.

      However still bearish bias as in post #101. Was just chatting to a very decent Amercian (look I call nice folks American, otherwise it's snoobish noobs) trader friend and we chat about the possibility of a Israel Hamas conflict. If it is true then hell break loose (south) for parasite as it's happening now as I write, had 2 shorts above .27892 just now.

    • jonahky7

      4,531 posts
    • Quoting DemoAntares
      bear bias it is, spx is letting the 1350 and closing below it probably...and usd safe haven - yes, meaning long position on 1,275 (as I was thinking of retracing this spike) might be very very risky...
      1348.4 is a critical support for SP500 it's the 61.8 FIB so rebounce is there but if it breaks, then bless the longs. A level to watch.

      That was part of the reason for a pop north by the parasite. Think I mentioned this yesterday though I was looking at .2641 and correlate that to 1348.4 (a fking 100pips out of range, lol - a big eye opener really)

    • DemoAntares

      226 posts
    • SP will go south a bit more to 1300...this is a temporary bottom, but this 1348 works nice so far, had nice few strong lot longs from there today...

    • jonahky7

      4,531 posts
    • Quoting DemoAntares
      SP will go south a bit more to 1300...this is a temporary bottom, but this 1348 works nice so far, had nice few strong lot longs from there today...
      Well done bud!

      If 1348.4 breaks there are 1342 .5 and 1332.4 S2 n S3 support for today.

    • Guest

      IP XX.XXX.136.141
    • Just my opinion ... right now we have completion of up momentum from 1.20xx confluence with down momentum from 1.319x. The rally from 1.27xx this morning in Asia was very suspicious and showed for the first time signs of life in Euro (up moves in prior sessions were more likely profit taking than any new longs). Although major down momentum from 1.493x has yet to complete, therefore bias is bearish.

      This makes for a very interesting Friday as always. I suspect greater than usual volatility tomorrow (even for a Friday), be very careful of powerful intraday reversals....my best guess? Rally up to 1.3084 followed by sharp reversal to close near the weekly low.

      Good luck everyone!!

    • Guest

      IP XX.XXX.136.141
    • I mean rally to 1.2803 not 1.3084. Whoops, fat finger :P

    • jonahky7

      4,531 posts
    • Yahoo, 102 pips total overnight with 2 shorts position, 10x each. No need to over a week to get pips, what was the noob who shouted short squeeze last night in the other post?

    • DemoAntares

      226 posts
    • same here m8, shorted 1,278 put a +6 pips SL and woke up this morning and voila!

    • jonahky7

      4,531 posts
    • Quoting DemoAntares
      same here m8, shorted 1,278 put a +6 pips SL and woke up this morning and voila!

      Well done buddy! Becareful of further shorts, I just posted another of my yacking on Euro area balance. Heard sovereign bidders at .2680/00 and sovereign offers at .2800/11 area.

      So today may be a bit comatose again unless 1384.4 is broken otherwise no major news to go each way.

    • DemoAntares

      226 posts
    • 1,2745 and I'm out...I am interested in a potential US further sell off, futures are at 1348, if that gives, there might be another 40-pips from here, I will watch a potential consolidation around here...

    • Loadedgun

        3,199 posts
    • Quoting jonahky7
      Well done buddy! Becareful of further shorts, I just posted another of my yacking on Euro area balance. Heard sovereign bidders at .2680/00 and sovereign offers at .2800/11 area.

      So today may be a bit comatose again unless 1384.4 is broken otherwise no major news to go each way.
      It's going down man as we assessed it would everywhere we could yesterday. "News" is something to lean on "short-term" if you got no clue - but in a mean reverting market the lines are all there telling you days before where price is headed. I know you think sovereigns can create a snarl here and there but overall no MF is equipped to change the course of price in this here business especially if you are trading a H4 phase which is only now just turning down.

    • khanarsal

      218 posts
    • for today buy eu @ 2675 n enjoy the ride

    • jonahky7

      4,531 posts
    • Quoting Loadedgun
      It's going down man as we assessed it would everywhere we could yesterday. "News" is something to lean on "short-term" if you got no clue - but in a mean reverting market the lines are all there telling you days before where price is headed. I know you think sovereigns can create a snarl here and there but overall no MF is equipped to change the course of price in this here business especially if you are trading a H4 phase which is only now just turning down.
      Yep saw the H4 closing, had closed my 2 shorts near .2720 area - I had wanted to close at 102 pips profit early this morning at .2747 area but look at chart and saw possible pooped, so got extra pips from there. Looking to reshort in a mo when Sp500 finish its consolidation unless its going yoyo - which I will watch.

      When I hear sovereign, I don't go with my charts for a short while rather I look at whether if the shit sovereigns are indeed there, if they are - then I join their bandwagon, whether is short or long.

      If I didn't close my shorts jsut now -taking first offer - I would have thrown away 28pips of 10lots (Ł1.7K) so far

    • DemoAntares

      226 posts
    • Yup! I'm out too (+48 pips)...will be watching (and trading if spx breaches 1348) and have just entered long position on spx, if it spikes a tad below (<1347,8) I'm out with a minimal loss...It's lunchtime so the fat bastards need to eat sth so probabky there will be no movements in the spx price...hopefully, when they are well fed they will decide it's ''buy the dips time''...I'm out of eur/usd for today...If I realy wanted to trade (someone forces me), I think a long is in order frome here, but I find it too risky entering here since it is nomansland...well psychology is ''I made good for 7 hours sleep'', I will try to scalp 10 pips later maybe, but I doubt it...and I have longs in apple, dell and spx...

    • DemoAntares

      226 posts
    • 1,2735 long - I couldn't resist it , SL on 1,2730, let's gamble - dollar index (dxz2) is on double top (81,30) and looks like it wont give in, so I think a small long ''scalp it'' is in order...
      wish me luck

    • jonahky7

      4,531 posts
    • Quoting DemoAntares
      1,2735 long - I couldn't resist it , SL on 1,2730, let's gamble - dollar index (dxz2) is on double top (81,30) and looks like it wont give in, so I think a small long ''scalp it'' is in order...
      wish me luck
      oops u got taken out? only indicator I have now poiting up is M15, the rest are down and H4 closed. SP500 down too.

      Damn SP500 survived.......lol!!

    • DemoAntares

      226 posts
    • yes...just an experiment (a failed one )...but spx is staying at 1350,1...will stay put until NYSE session...I think dollar cannot go up any more without spx spilling 1348...SL on spx is at 347 so no worries there

    • DemoAntares

      226 posts
    • I am always counting ''number of attacks'' on a certain resistance in any period of time - dxz2 81,30 lvl was attacked 4 times from this morning (last time just 2 min ago) but it can't break out...usually when it is 3 unsuccessful attacks I enter a trade depending on a time frame attacks occurred...this time frame is almsot 3 hrs, meaning that there is a great probability for the next move to be a downswing (dollar index)...what I should have done is not be stingy and move my SL 3-4 pips lower...but I like discipline (most of the times)

    • DemoAntares

      226 posts
    • If the smart money goes into non-leveraged securities today, we will c a huge downward spike in usd index...meaning eur/usd long from here...daily chart for spx staying above 1348 suggests a 70% chance to bounce off...now the reason why I think it will happen today is that vix (fear factor) has gained so much in the last 36 hrs meaning that there is a huge amount of put options on spx and what do u think will happen with them? (90% chance they will be shaken off like ripe pears from the tree by smart money entering agressively in US session...(futures are now 1354)

    • jaygee

      2,159 posts
    • you talk about number of attacks but don't refer to the timeframe you are seeing those attacks on. i think you mean 60m attacks. can you clarify?

    • jaygee

      2,159 posts
    • excellent analysis. please don't tell me you actually know what you are doing.
      Quoting DemoAntares
      If the smart money goes into non-leveraged securities today, we will c a huge downward spike in usd index...meaning eur/usd long from here...daily chart for spx staying above 1348 suggests a 70% chance to bounce off...now the reason why I think it will happen today is that vix (fear factor) has gained so much in the last 36 hrs meaning that there is a huge amount of put options on spx and what do u think will happen with them? (90% chance they will be shaken off like ripe pears from the tree by smart money entering agressively in US session...(futures...

    • DemoAntares

      226 posts
    • ''this time frame is almsot 3 hrs'', - end quote
      I apologize for the almsot mistake it is almost
      why can't i copy/paste here???

    • jonahky7

      4,531 posts
    • Quoting DemoAntares
      ''this time frame is almsot 3 hrs'', - end quote
      I apologize for the almsot mistake it is almost
      why can't i copy/paste here???
      Click quote instead of copy and paste matey

    • DemoAntares

      226 posts
    • No no i meant why I cant paste screenshots of my charts and such?

    • jonahky7

      4,531 posts
    • Quoting DemoAntares
      To each it's own my m8s...
      When there is a quote, there will be a noob. Take it easy buddy. I just like to taunt people who got up on the wrong side of their noobish bed

    • jonahky7

      4,531 posts
    • Quoting DemoAntares
      No no i meant why I cant paste screenshots of my charts and such?
      Try with a URL or sites like copy me to attach your charts then link to here

    • DemoAntares

      226 posts
    • If u were thinking of catching me in a debate trap about whether I need to justify my analysis (to jaygee) u will forever be unsuccessful...this is a level worth risking for me and since I've read a lot of ur calls I can only say I will never read them again

    • DemoAntares

      226 posts
    • Second, if u haven't noticed I'm a daytrader, last time I stayed in a position longer than 48 hours was 6 months ago...so when criticizing my ''analysis'' have in mind the time frame I speak of...I always make a note when i think about a larger time frame than 8 hours...for me everything above 8 hours is an eternity in markets...I sleep peacefully and tight because I never (very very rare) stay overnight (did actualy this night)

    • jaygee

      2,159 posts
    • well i was asking about your chart timeframe and was assuming you meant a 60m(h) chart and actually complimented you on your analysis but its all good. i don't do it here, but there is a way to post your chart screenshots. debate trap? lol. never mind dude. hope your trades work out.

    • DemoAntares

      226 posts
    • Quoting jonahky7
      Found it try http://screencast.com

      for charts uploading
      Thanx m8...going to lunch now, will try to fiddle with this later, need to prepare for us session, I'm worried about dell, it had a earnings miss...and have a long in it and a pretty hefty one
      and yes I almost forgot...I noticed that a whole lot of u here like a lot of mathematics, and whenever some indicator is mentioned ur eyes glow...I don't like it. I have only a few indicators...I'm more of a ''level'' guy
      Anyway I wrote too much this day, time to trade, premarket opens in 30 mins...
      c ya laters aligators

    • Exodus

      1,213 posts
    • Quoting DemoAntares
      ... I'm worried about dell, it had a earnings miss...and have a long in it and a pretty hefty one ...
      iirc Intel had a crap quarter due to lack of cpu sales. Therefore Dell was never going to be good.

    • DemoAntares

      226 posts
    • I was buying dell on 9.11, yesterday was 9.90...a very nice profit...I reentered long last night at 9,34...dell cannot go down any more, it has bottomed...intel is a completely different story...was thinking about buying intel around 17.90...not b4.

    • mima

        2,477 posts
    • Quoting jonahky7
      Yahoo, 102 pips total overnight with 2 shorts position, 10x each. No need to over a week to get pips, what was the noob who shouted short squeeze last night in the other post?

      show it here:



      Quoting jonahky7
      Found it try http://screencast.com

      for charts uploading

    • jonahky7

      4,531 posts
    • Thought I got rid of a submarine noob, here comes the 1.36 kiddo who have been MIA for so long. Another noob.

      So you managed to fixed your rotating monitor that you have been spinning round n round looking at pips? O keep shouting ur famous 1.36 or 0.631

      Quoting mima
      show it here:

    • DemoAntares

      226 posts
    • There are no wrong decisions...only wrong timeframes
      Too bad it is true only for those who have thick enough accounts :P

      My theory looks good so far...what do u think? Good i didn't trade eur today, i think it's offline. Depends of the volume of risk on...we shall c (said the blind man)


      wish u a successful scalp or two (I'd think in long direction from here, but that's just me...

    • mima

        2,477 posts
    • Quoting jonahky7
      Thought...
      Shut up and show your orders here:...

      Quoting jonahky7
      Found it try http://screencast.com

      for charts uploading

    • Exodus

      1,213 posts
    • Quoting DemoAntares
      1,2708 long - wish me luck
      Good luck, but I think it is going to 2670....

    • DemoAntares

      226 posts
    • Spiked me really good, but I'm holding on to it...I have a strong conviction about buying these dips here and I admit I went into this trade like a noob, should have waited for this spike below 1,27...as if I never traded - now it's waiting game of cat (obama) and mouse (congress)...

    • jonahky7

      4,531 posts
    • Quoting mima
      Shut up and show your orders here:...
      I can give u 2 pips to repair u damaged rotating monitor. Don't act and behave like a childish egoistic noob like the submarine.

    • DemoAntares

      226 posts
    • who's the famous ''submarine''? I'm trying to get familiar with guys around here...

    • jonahky7

      4,531 posts
    • the comment with "lol".

      1.36 kiddo is the one that told me to Shut up and show order. It's the one that shout 1.36 or 0.631 no matter what happens.

    • DemoAntares

      226 posts
    • ahhh I think i saw it somewhere somebody calling 1,36 long, a long time ago...is that him?

    • jonahky7

      4,531 posts
    • Quoting DemoAntares
      1,2708 long - wish me luck
      Just came back after a few hours break. Buddy .2708 ain't a support line, .26920 .26890 .26605 .26355 are the ones though

      .26915 is the S3 daily support.

    • jonahky7

      4,531 posts
    • Quoting DemoAntares
      ahhh I think i saw it somewhere somebody calling 1,36 long, a long time ago...is that him?

    • DemoAntares

      226 posts
    • As I said, I was hasty, I should exit that wrong trade but I want to c what happens to it mostly out of curiosity...I, therefore admit it is a completely wrong trade, especially for the daytrade...

    • mima

        2,477 posts
    • Quoting jonahky7
      the comment with "lol".

      1.36 kiddo is the one that told me to Shut up and show order. It's the one that shout 1.36 or 0.631 no matter what happens.
      1.36 and 0.631 is for you to hedge ...otherwise you dont know to trade without hedging....

      Rotating monitor I invented for you so you can have some illusion that you are right ...so those 2 cents keep for astute traders as yourself and those simmilar to you .

      So shut up and show your orders here:

      Quoting jonahky7
      Found it try http://screencast.com

      for charts uploading

    • jonahky7

      4,531 posts
    • Quoting mima
      1.36 and 0.631 is for you to hedge ...otherwise you dont know to trade without hedging....

      Rotating monitor I invented for you so you can have some illusion that you are right ...so those 2 cents keep for astute traders as yourself and those simmilar to you .

      So shut up and show your orders here:
      I'm going to be bloody childish here. Look if 2pips is not enough to repair ur fking monitor, I'll increase that to 10pips, just give me your account and I'll give u 10pips.

      U give me ur account and I'll show u the order, noob.

    • DemoAntares

      226 posts
    • You should really learn to play nice boys
      first, whoever shows orders and acc status - for me that's a forgotten case...a trader never reveals hiss acc (total equity, margin req., etc)
      second, stop yelling and cheer for my submarined long here at 1,2708 which I entered so noobishly...
      thanx in advance :P

    • DemoAntares

      226 posts
    • Here we go my m8s...thi si the spike i was waiting for, and a huge switch in vix...let's c what's the buying conviction of this 0,6% on spx in 2 min...

    • mima

        2,477 posts
    • I do not need your account... on your charts are visible orders....

      Therefore shut up and show your orders here:

      Quoting jonahky7
      Found it try http://screencast.com

      for charts uploading

    • DemoAntares

      226 posts
    • hahaha, gotta love the news, it's so nice...they've just agreed upon agreeing that they will agree about fiscal cliff...how nice of them...give me 7 more pips and i'm out u fat greedy bastards

    • jonahky7

      4,531 posts
    • Quoting DemoAntares
      hahaha, gotta love the news, it's so nice...they've just agreed upon agreeing that they will agree about fiscal cliff...how nice of them...give me 7 more pips and i'm out u fat greedy bastards
      Well done buddy, try to enter at RS lines in future save u the grieve n also lower SL

    • DemoAntares

      226 posts
    • Beautiful.... - it's always like this, when it seems the worst, then u need to be brave and risk it...+20 pips and I'm out. Will try to retrace if the opportunity arises...

    • jonahky7

      4,531 posts
    • Quoting DemoAntares
      Beautiful.... - it's always like this, when it seems the worst, then u need to be brave and risk it...+20 pips and I'm out. Will try to retrace if the opportunity arises...
      They don't call forex manipulated for nothing u know

    • DemoAntares

      226 posts
    • http://www.screencast.com/t/90sxvY4D

      When I c this channel (dollar index 1hr) with linearly connected more than 5 tops and with today's one u can only say one thing...dollar goes south to retest the lower band, we are clear for a ''safe'' long position only when dxz2 closes more than 8 hours below the trend line...as I said b4, i really c 1,27 as good buying opportunities...

    • DemoAntares

      226 posts
    • 1,2718 retrace long...Im holding it max 10 pips if possible...SL at 1,2718

    • DemoAntares

      226 posts
    • (boasting mode) - thank u very much, elvis has left the building! 1,2732 out.

    • Exodus

      1,213 posts
    • Quoting DemoAntares
      1,2718 retrace long...Im holding it max 10 pips if possible...SL at 1,2718
      Well played, I was convinced it was going to Antarctica.
      Now it may bounce back off the M15 bollinger centre line, but you seem to be doing Ok without my interference.

    • DemoAntares

      226 posts
    • Yes, mybe it is worth risking a short on 1.273, but that's counter today's trend, not my thing...also retrace long at mybe 1,2720 is also enigma for me now since the buying conviction on spx is reducing bit by bit...if spx rises above 20 sma on 5 min and eur is at 1,2720 I would enter long there - not b4.

    • DemoAntares

      226 posts
    • 1,2720 re-long...can't imagine it will be successful and cant c the profit target...but it simply goes there - long position.

    • DemoAntares

      226 posts
    • Out at 1,2725...I'd better be bad than dead

      Nice week for me m8s...hope you enjoyed it like I did...Until monday, c ya laters aligaters :P

    • jonahky7

      4,531 posts
    • Quoting DemoAntares
      Out at 1,2725...I'd better be bad than dead

      Nice week for me m8s...hope you enjoyed it like I did...Until monday, c ya laters aligaters :P
      Good for me too, no need to wait over a week for pips

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