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- 86 Results (1 Thread , 85 Replies )
- Predator38 replied Dec 18, 2008
I dont know how weak and how far down you are looking at. E/U has made a huge run up this past week and it's just taking a breather, it is sitting on support and bouncing around in a range during the off hours of both the europe and US sessions... ...
- Predator38 replied Dec 18, 2008
I agree what seems to usually happen is that when crap hits the fan it usually comes out in the US first then the rest of world follows it. Take advantage of the weakness in the dollar now, and when the Euro and Pound have to follow suit in the 2009 ...
- Predator38 replied Dec 17, 2008
I absolutely HATE when I do that... and lilmoe sorry for making the flames go so high on that fire
- Predator38 replied Dec 17, 2008
Yup you always have to be looking at other currencies to see if they have a "hotter hand" Traded long on E/U and short USD/CHF... USD/CHF was like shooting fish in a barrel lol Pred
- Predator38 replied Dec 17, 2008
E/U showing so much stregnth, it moves up and then consolidates near the high it made, barely much of a retracement... I'm long E/U for a while IMO, and if we get a nice retracement i'm going to buy sum mo! (some more) Pred
- Predator38 replied Dec 17, 2008
I look at the charts mainly for my decisions, I mainly trade trendlines, I will trade a confirmed bounce off a trendline. Right now for G/J I am neutral. G/J has broke my Upper trend lines and is trading sideways. Once I am able to create a ...
- Predator38 replied Dec 17, 2008
I'm sorry I dont understand your question, what is "tamtd aqraratk?"
- Predator38 replied Dec 17, 2008
You hit the nail on the head
- Predator38 replied Dec 17, 2008
I have a wealth builder utility, many a time i've been down 300 pips to end up with around 700-900 pip profits . I tried the daytrader utility once and failed miserably... The wealth builder trade style matches my utility so that I can go to bed ...
- Predator38 replied Dec 17, 2008
Sure Togy, Basically your "utility" is what your needs and wants are. A couple examples: A person who is a daytrader that thrives on making a daily profit will most likely be in and out of trades in the same day. In forex the "daytrader" is usually ...
- Predator38 replied Dec 16, 2008
G/U broke the knee jerk high from the FOMC news run....
- Predator38 replied Dec 16, 2008
The new interest rate for the U.S. Fed Go to CNBC.com it's on the headline, it's pretty big news...
- Predator38 replied Dec 16, 2008
i guess it depends on which timeframe you are looking at... I am seeing a longer term effect of the dollar getting pounded (no pun intended)... i mean they implied a 0%-0.25% I mean WTF does the 0% mean? Free money???? LOL the 250 was the initial ...
- Predator38 replied Dec 16, 2008
i would be careful placing bets on the dollar gaining stregnth here... 0.25% is LOWWWW Pred
- Predator38 replied Dec 16, 2008
It is based on your utility, how much retracement can you stand? If you think 126 is the going to be the lowest it can get then do the math 138 - 126 is 1200 pips. How many lots can you afford to be down on 1200 pips and not freak out or blow out ...
- Predator38 replied Dec 16, 2008
i agree news events such as these usually cause moves in tradeable securities that defy the laws of physics... I guess I'm going to trade G/U for the time being and just peak at G/J until we get some movement out of the pound... Looking for a good ...
- Predator38 replied Dec 15, 2008
What do you see to determine this? Pred
- Predator38 replied Dec 15, 2008
I'm holding out for a little while before i decide that... the price has broken all my shorter term UTLs The next UTL i have for G/J is ALLLLL the way up at 169.74... If it makes a higher low and then makes a new high on this H4 or daily then i'm ...
- Predator38 replied Dec 15, 2008
Yep, this is the first time in a couple of months that the trend hasn't been my friend, I'm going to walk away for a few days or maybe wait till the new year for a new friendly trend to appear... Pred
- Predator38 replied Dec 14, 2008
I guess this means that forex traders are in the top 5% of astute people in the world?