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- factorof2 replied Nov 12, 2011
Good luck, micho!
- factorof2 replied Nov 12, 2011
Meh I have 1.3751 and 1.3779 from Oanda and XE, but yeah WSJ is quoting way down there for whatever reason.
- factorof2 replied Nov 11, 2011
This week it's been going pretty well. I was having some trouble getting started trading, mostly because I would do my analysis and not pull the trigger. So I've since gone back to demo trading. My goal is to maintain some good profitability over ...
- factorof2 replied Nov 11, 2011
What are your profit targets?
- factorof2 replied Nov 10, 2011
Well if the consolidation continues like it has on his chart, all he has to do (mathematically speaking) is reduce the absolute value of the slopes of those lines until they contain the new range. It's not a matter of backing it up with charts, it's ...
- factorof2 replied Nov 10, 2011
Well you have to remember that patterns in the market do not ALWAYS signal a particular type of move. In some cases, triangles do not result in major breakouts of any sort. The best advice I can give you is extend your triangles to the levels they ...
- factorof2 replied Nov 10, 2011
Aw man, missed that bump off of 1.3650 I was looking for earlier. That'll teach me not to put up a pending order and just let my manager take care of it. Well, not really missed it, just didn't enter like I should have. Next time
- factorof2 replied Nov 10, 2011
Morning everyone. Price stalled out below this area for the last few hours. Now going down, but still 40 minutes until the 1H candle closes. Think I'm going to step away and run some errands.
- factorof2 replied Nov 10, 2011
I'll be interested to see how high this goes. Right now my chart is showing a trend line rejection and price testing the 38.2 level from yesterday's move to today's low. 1.3650 also remains an upward obstacle. For now, time for bed. Good luck to ...
- factorof2 replied Nov 10, 2011
I believe he has two actually. EDIT: No, he just has two sets of dual plasmas for news channel watching.
- factorof2 replied Nov 10, 2011
Cloggie uses a Bloomberg terminal. I think they lease for about 1,500 USD per month or something like that.
- factorof2 replied Nov 10, 2011
Ahhhh okay. Yeah, that's a good point. I typically just turn on the TV (on mute ) to see some of the equity indices
- factorof2 replied Nov 10, 2011
Here's my 4H Euro chart.
- factorof2 replied Nov 10, 2011
I don't know about that. I've gone and backchecked some of the spikes from the last couple weeks and found that the news driving it hit my Reuters page without a 20 minute delay, it actually came out either before it or on time. And trading the news ...
- factorof2 replied Nov 10, 2011
We're sitting at an S&R level right now and stocks are falling. There seems to be some fear in Sweden as well as they're no longer selling state assets any longer. Everyone is still in fear mode over Italy too probably. Unless we hear some really ...
- factorof2 replied Nov 10, 2011
You can probably find several options just by searching around on Google a bit. Unless you strictly trade the news, you can usually do just fine by reading Reuters, Bloomberg and Google News (filtered to your preferences of course) for free.
- factorof2 replied Nov 10, 2011
You still in your short trade as well?
- factorof2 replied Nov 10, 2011
If we're in for a move up, I would be wary of 1.3650. It's been a really strong level in the past month or so.
- factorof2 replied Nov 10, 2011
That consolidation could have just as easily been the result of lower volume/volatility and the fact that the Asian session doesn't /usually/ produce huge trending moves. Also, why would any of that take into account the possible reactions of ...
- factorof2 replied Nov 10, 2011
Why not though? PA is a good indicator but let's face it, this strong downmove from about the 31st was driven by major news and political turmoil coming out of the Europe.