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- MrB1g replied Mar 26, 2012
The infinite joy of rationalising price movements after they occur.
- MrB1g replied Mar 22, 2012
I don't normally use UPWARDS trend lines to refute someone else's claims about DOWNWARD trend lines, but when I do, they call me turmaz.
- MrB1g replied Mar 12, 2012
Maybe people need to stop staring at the computer for so many hours and just check it at the close of the H, 4H or D for a few minutes! Sometimes you can't see the simple stuff when you're looking for too long (certainly seems the case for some ...
- MrB1g replied Mar 12, 2012
I didn't mean you in the slightest FXMindset and I'm sorry if that was the impression you got, I was referring more to Nif90. I've enjoyed your posts in multiple threads! I'm looking at the same chart (I'd hope we all are, but everyone sees ...
- MrB1g replied Mar 12, 2012
Of course, although everyone is trading on different TF's so it's something of a pointless discussion to get into. I wouldn't be looking at longs after a decisive break of 1.05 and the previous swing low point but it's a pretty strange day building ...
- MrB1g replied Mar 12, 2012
Well my sell stop got hit while I was away so I'm in for a 2nd position. I'd like to see the hourly close near it's low for a solid rejection of the 1.05-1.051 level and then hopefully some more weakness into the FOMC.
- MrB1g replied Mar 12, 2012
I don't know why people make posts PURELY to state their intention. It just seems to create this mob who each follow each other with no one having any idea why. I'm always interested in seeing analysis and hearing different views but if you just say ...
- MrB1g replied Mar 12, 2012
Yeah I agree. The Fed is just trying to milk their much depleted firepower as much as possible with words. On the topic of this thread, had a peak below 1.05, we'll see how it reacts. I've had a short open dipping in and out of profit for a couple ...
- MrB1g replied Mar 12, 2012
The Fed is committed to keeping interest rates at 0.25% until 2014. So not so much 'months and months' as 'years and years'. And a rise in interest rates will depend on continued recovery regardless. The current Australian cash rate is 4.25%.
- MrB1g replied Mar 12, 2012
Like I said before, what...? Something being in an uptrend doesn't mean money is flowing into the US equity markets, it simply means that demand exceeds supply at the present moment. You can't conclude anything regarding volume or conclude that ...
- MrB1g replied Mar 12, 2012
What...? Strong economic data in the United States will generally lead to currency flowing OUT of the United States as investors turn towards higher risk markets/currencies. The USD is a parking space for when risk appetite is off. Other than that, ...
- MrB1g replied Jan 5, 2012
O goodness. I see some merciless insults on route.
- MrB1g replied Dec 22, 2011
I doubt he minds and I doubt anyone else cares either. Do what you want, trade how you want. If you're profitable, why are you wasting time having a pissing match? If you're not interested in his posts, put him on ignore. I enjoy reading his posts.
- MrB1g replied Dec 20, 2011
Dewatemplar, I think you definitely need some more indicators on that chart, at least a half dozen more.
- MrB1g replied Dec 16, 2011
Wow. You can't honestly be this stupid.
- MrB1g replied Dec 16, 2011
Is a 'support' line drawn on a chart significant intrinsically? No. But when countless traders are watching the exact same support line, suddenly it becomes extremely significant. Whether or not you value TA, you can't simply ignore the fact that a ...
- MrB1g replied Dec 8, 2011
Indeed. I had multiple shorts from 1.0336 downwards, I closed them for 50 pips on the first trade. Much regret. Still, a learning process. I'd rather pick the right entry and make some money then not pick the right entry at all!
- MrB1g replied Nov 30, 2011
I always struggled with demo trading, I found it very difficult to apply the same money management principles and emotions compared to trading live with what I knew was my own money. Then again, starting live might be my undoing, only trading with ...
- MrB1g replied Nov 30, 2011
I can't understand how people are brave (foolish?) enough to place trades when they don't understand even on a very simple level how major announcements can affect exchange rates. In its simplest, risk on, risk off, risk on, risk off...
- Posts by Member Search: 'MrB1g'