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  • The Dollar Is Getting Crushed

    From businessinsider.com

    The euro and the yen are both surging against the U.S. dollar this morning following ECB President Mario Draghi's press conference earlier, which sparked a big sell-off in risky peripheral sovereign debt markets in the euro area. The dollar index has been trending lower all morning, but just in the last few minutes, it's taken a big hit, and is currently down 1.2% on the day. The euro is staging a breathtaking upward run and is currently up 1.4% against the dollar (!), trading at 1.3266. The yen is making a similar move. The dollar is now down 1.7% against the yen. The yen is making a similar move. The dollar is now ... (full story)

Yep, the world is ending.
madness
Today is crazy!
How about tomorrow?
Is this why the chart are moving so fast?
Looks like everyone decided to dump shed load of dollar.
Behind the aggressive move,some thing is there ,who one find out it ?
Its so stressful when one cant run their profit.....
I just took 1, 2 pips then boom it fell 100 pips.

WHAT THE HECK AM I DOING!!????
Be prepared 4 tomorrow US NFP...
Use me as a contrarian indicator
Haha already long for AUD EUR GBP NZD /USD pairs from yesterday dips, yesterday fell pretty bad for AUD and NZD. Not gonna trade NFP tomorrow >.<
Holy Grail all positions are up 662pips for AUD/JPy and +353 pips for usd/jpy keep it up and there is NFP report lol...
"I made money every time you place your Stop loss too close to ME"
Yesterday, I wrote all majors showing the sign against USD, even including AUD. I bought AUD.

I wrote Do not believe such analysts or, Fortune tellers, they just screw up with all gubbish data, or even the big institute may be fucking around retail traders.

When all are saying going up, going up, stay away, don't be cheated with those.

They just take profit out of retail traders, be careful or stay away if you are just jumping up, not studying technical data. this is the safest way.
Quoting mrbandwidth
Be prepared 4 tomorrow US NFP...
Well said.
Tracking the Specialists.
what are you expecting for the nfp
Quoting orzogc
Today is crazy!
How about tomorrow?
My opinion, for gambling, stick with the news, it will twinkle for 1 minute up or down.

Now, i don't follow data, just monitor and close any possible position before news.
Bearish on AUD resistance level 0.9660 is still intact. Now entering a good short position at AUD/USD stop at 0.98.....
"I made money every time you place your Stop loss too close to ME"
manipulated market, nothing more. gambling
Looks like EUR/USD shooting for 1.3300
this is madness
The DOLLAR is Getting crushed hmmm I guess more of the "The newbies are getting Smashed"
"I made money every time you place your Stop loss too close to ME"
Fed is in a world of hurt right now. Can we see 1.3800 this year?
This is due
1. for usdjpy a much needed correction
2. Usd was not doing well recently and qe tapering will not happen any time soon. Nfp will provide bad data tomorrow for sure even unemployment rate can increase....
Gee, helicopter money is more worthless than they thought. Yeah, I know...it's all Bush's fault.
Quoting jdtai
what are you expecting for the nfp
going spike high ....just watch it goes north suddenly.....crazy movements
Mario, is he long or short........
Helicopter is long in his mother in law's account.
reversal down to 1.29xx
Tracking the Specialists.
I would say markets already taking bet on tomorrow's NFP data and we won't see any significant markets move after data release.
some one knows silver future
  •  Guest
  • | IP XX.XX.30.98
NFP - buy the rumor, sell the news.
  •  Guest
  • | IP XX.XXX.36.250
What goes up can also go down so watch the EURO peak and fall.

Wholesale gambling going on by Banksters and watch out all small retail traders, you will get burned when the bottom falls out of the EURO.

EUROZONE 12.2% = 19.8 MILLION UNEMPLOYED floods all over, turmoil all over, so no logic to EURO powering up much longer
Fed would see infl signs
if 7% unemployment is the new normal, but is unsure how to define new normal.
What is NFP?
KEEP CALM AND CARRY ON SHORTING
Tropical Storm Andrea is approaching Florida, and FEMA issued bulletin
urging citizens to closely monitor the storm and take steps to be prepared.
Quoting Guest
What goes up can also go down so watch the EURO peak and fall.

Wholesale gambling going on by Banksters and watch out all small retail traders, you will get burned when the bottom falls out of the EURO.

EUROZONE 12.2% = 19.8 MILLION UNEMPLOYED floods all over, turmoil all over, so no logic to EURO powering up much longer
Another idiot who only looks at one side of a currency pair... Take your blinkers off!
USD/CAD was the big mover today anyway. Who cares about euro, always the same story when mario farts grab a few pips
Last month we see the move in USD/JPY to 103.8 from 100 in no time and in this month we see it in opposite direction.
Lol look at the Aussie on usd. Peaked out and dumped 100 pips after that climb.

Big mover today as well.
Quoting jdtai
what are you expecting for the nfp

Bad figures would be better than good figures for the USD. The latter instills sentiment that Mr. Bernanke would indeed taper. The prior gives equity optimism. What was particularly intriguing was Kathy Lien questioning why Japanese investors were covering their positions. This article was posted on FXStreet on the 30th and removed within the hour. This was quite a brilliant fundamental question. Direction will more than likely depend on what Abe says or in conjunction with U.S. data and the Fed's respective response.
Quoting bbakker
Another idiot who only looks at one side of a currency pair... Take your blinkers off!
Now my friend - where is your pal jaygee I want his head on a platter for calling me names because I dared to use chaos to predict the markets accurately each time (e.g. we just made 1.33). Can you kindly arrange that - I mean the head on a platter.

BTW: No need to get upset with folk and call them names - you just need some tutoring and trading will not be so frustrating (at least as to cause you to engage in displaced aggression). Cheers and better luck next time.
let's rock 'n roll....
Its in the chart😎
Expected because Mario Draghi made few statement that made the EURO strong. Few issue & problem are solve. just an opinion.
EURUSD, keep an eye on the weekly chart.
Euro look in the moment very Bullish, but be carefull..... Everything can happen!!! Money managemed is the key in time like that!!!
Good luck to all!
Quoting irwanfahmi
Expected because Mario Draghi made few statement that made the EURO strong. Few issue & problem are solve. just an opinion.
Sir you miss the point completely. Draghi was doing his job no more no less and certainly he would not give a flying fart what the market thinks today since his job is to manage monetary policy on a long-term basis and not to pander to the illusions of day traders.

First point you want to note is the Euro has never been weaker and in fact it is set to get obviously so in the days ahead. All you need to do is look at the monthly chart and Draghi has nothing to do with that. If you look at that chart you will see why the Euro went up - and it is simply because it is weak (very weak) and needed to position to show us just that. It is a market and price moves within a current range up and down before rotating to a higher or lower range than the current range to again repeat the same behavior. That a currency is weak does not imply it will not rise and similarly that it is strong does not imply it will not fall in the current range (else you will have nothing to trade).

Why people think that one day in a million means anything at all beats me.
  •  Guest
  • | IP XX.XXX.36.250
bbakker One will have to wait and see what happens to know if any of us are idiots, as I have no vested interest in what happens to either USD or EURO I was merely pointing out that in my view the EURO will peak and then drop back quickly to below 1.30

Let us wait and see what happens in the next 7 days, which is a long time in politics and a short time in Currency manipulation by those who have the clout to do it, i.e The Wholesale Banksters.
Quoting Loadedgun
Now my friend - where is your pal jaygee I want his head on a platter for calling me names because I dared to use chaos to predict the markets accurately each time (e.g. we just made 1.33). Can you kindly arrange that - I mean the head on a platter.

BTW: No need to get upset with folk and call them names - you just need some tutoring and trading will not be so frustrating (at least as to cause you to engage in displaced aggression). Cheers and better luck next time.
It was a green market for green horns who turn to envy green while they long ago RIP being thanked in advance

BTW, it was very mean from your part to ask even at the last moment the dynamic duo(Edward & Brad) about direction...
Don't Fight Forces, Use Them.
Quoting Timetraveler
It was a green market for green horns who turn to envy green while they long ago RIP being thanked in advance

BTW, it was very mean from your part to ask even at the last moment the dynamic duo(Edward & Brad) about direction...
Quoting Timetraveler
It was a green market for green horns who turn to envy green while they long ago RIP being thanked in advance

BTW, it was very mean from your part to ask even at the last moment the dynamic duo(Edward & Brad) about direction...
I might be wrong, just an opinion Sir, but few day the if according from the chart it was sideways, but looking US & EUR both looking week, but few report & speculators made the EUR on a winning side,

so sorry Sir just a persona opinion
Quoting Loadedgun
Sir you miss the point completely. Draghi was doing his job no less no more and certainly he could not careless what the market thinks today since his job is to manage monetary policy on a long-term basis and not to pander to the illusions of daytraders.

First point you want note is the Euro has never been weaker and in fact it is set to get obviously so in the days ahead. All you need to do is look at the monthly chart and Draghi has nothing to do with that. If you look at that chart you will see why the Euro went up - and it is simply because...
from what I see the both side are week for the past few days before, but on few report it look that EUR a batter,

just a personal opinion
and Sir I agreed according from the chart Eur are heading up, but remember 1st Feb 2013 Mario Draghi made a statement that made EUR went down
Hi people. I'm new in this business (just some months) . I read all the comments and predictions. And now I'm wondering. Why are people not just trading the charts ?
The reaction is usually the same when a trend is reversed.
It is prudent to WAIT for trends (or corrections or reversals) to emerge, rather than "betting". I write this to hopefully save traders (including myself) from jumping in before there is any true clarity in the market.
Quoting Didgeridoo
It is prudent to WAIT for trends (or corrections or reversals) to emerge, rather than "betting". I write this to hopefully save traders (including myself) from jumping in before there is any true clarity in the market.
Agreed bro, thank you
Quoting suez
Hi people. I'm new in this business (just some months) . I read all the comments and predictions. And now I'm wondering. Why are people not just trading the charts ?
BecoS they are noobs
Quoting jonathanhk
BecoS they are noobs
So it means prediction and speculation is better, even when the currency doesn't react as it should ?
sell eur/usd 3244 2x scalp
It seems that it is all the Newbies that are making money, the so called experienced "Price Action" traders are kissing their asses goodbye.
I do recall LG on more than one occassion indicate 1.33 which it did hit and quick reverse....i must admit, his nonlinear method was pretty smack on of which I do not understand too much.

I think some of NFP is priced in so a weak NFP will not push the euro higher not too much; however, from what I've read; it will probably be revised to a 150 print which will be dollar positive. I guess we shall see.
Enter Signature
Draghi and Ben are good friend. Tomorrow Doller will up like Euro.
Always Be +ive
Quoting HanifBukhari
Draghi and Ben are good friend. Tomorrow Doller will up like Euro.
I will not base my trade on that, but fears about a weak NFP print may have gotten out of hand. It is very probable for a 150-170 print which would send the euro tumbling.
Enter Signature
This is the time of the year the Euro gos up despite anything, so everyone should have seen this about to happen especially with all the talk about the Fed ending the bond purchasing program on the bases of the US economy growing stronger, this pump and dump talk is what got the dollar flying to began with and it was just that, PUMP AND DUMP!!!
The trap is sprung, Viva The Greenback
Thanks for that, nice 270 cable pips in the bag.

Have had a bullish Euro view for quite sometime due in part to my favourite news contrarion indicator promoting shorts.

now I would (almost) be willing to bet my virgin Butt that (if) we retest the major broken white TL, the banks will tell us to buy the dip just because we make a new high above 3710

Just before the euro tanks.....



http://www.forexfactory.com/showthread.php?p=6735736#post6735736
Come with me if you want to live....
Quoting Trout
The trap is sprung, Viva The Greenback
Yep! hehe
Ghost Rider - WWTBMD?
Quoting Ill-b-back
Thanks for that, nice 270 cable pips in the bag.

Have had a bullish Euro view for quite sometime due in part to my favourite news contrarion indicator promoting shorts.

now I would (almost) be willing to bet my virgin Butt that (if) we retest the major broken white TL, the banks will tell us to buy the dip just because we make a new high above 3710

Just before the euro tanks.....



http://www.forexfactory.com/showthre...36#post6735736


I knew this was coming..........twee favours your 20 vouches ..no point posting how you like to burst ..
Quoting Fx Hiflyer
I knew this was coming..........twee favours your 20 vouches ..no point posting how you like to burst ..
lol....
Come with me if you want to live....
What on earth do you mean by that?

Quoting Fx Hiflyer
I knew this was coming..........twee favours your 20 vouches ..no point posting how you like to burst ..
"The meek shall inherit the earth.." Yeah right, good luck with that shit..
Quoting Spreadbetter
What on earth do you mean by that?

My posts got extracted as always....what else
  •  Guest
  • | IP XX.XXX.242.73
Quoting jaygee
sell eur/usd 3244 2x scalp
What happened buddy? Are you still holding your shorts og gbpusd
Quoting suez
Hi people. I'm new in this business (just some months) . I read all the comments and predictions. And now I'm wondering. Why are people not just trading the charts ?
Because they don't know how to read price, supply and demand runs this market, not headlines or wishful thinking.
Quoting Hoops McCann
Because they don't know how to read price, supply and demand runs this market, not headlines or wishful thinking.
++100 LOL
  •  Guest
  • | IP XXX.XXX.4.27
im lovin it
Quoting Spreadbetter
What on earth do you mean by that?
I could have been less descriptive I guess.



It's just that the corrupt retail account blowing nature of the large institution recommendations is so obvious, I am at a total loss as to why anyone at all takes them seriously.
Come with me if you want to live....
Quoting Guest
What happened buddy? Are you still holding your shorts og gbpusd
yes i am. I will add to that position here soon. There are sell orders in place. Did you have a point you wanted to make?
Geez. Got up this morning and scratching my head as to the violence of the overnight moves. Looking at the EURUSD pa it all happened so quickly, and the hourly volume at 2am Sydney time (noon NY time) was the largest seen in a long while. Still long from 1.3035 but always worry about such volatile moves.

This wasn't a reversal, it was a capitulation. With the market so skittish it renders technicals somewhat irrelevant. That said, if the nfp disappoints and the EUR runs through 1.33 it should slow at the resistance around 1.3320-40 (123.6 ret fib of the 1.3242/1.2796 move, the 61.8 fib of the larger move 1.3710/1.2746 and the monthly 50ema), then at the weekly 200ema at around 1.3430.

Could be opportunities up here but move upside to come I suspect
  •  Guest
  • | IP XX.XXX.113.15
Quoting Loadedgun
Now my friend - where is your pal jaygee
Believe he is still in dark red. Add short GBPUSD 1.5250 x2, add short GBPUSD 1.5404 x4, add short EUR/USD 1.3244 x2 scalp.

Very good indicator, well done to this trader
  •  Guest
  • | IP XX.XXX.113.15
Quoting jaygee
yes i am. I will add to that position here soon. There are sell orders in place. Did you have a point you wanted to make?
Thanks buddy!!! The point I wanted to make was I traded against your entries and resting out for the rest of the week Thanks for your indications - they have been very useful and rewarding.

At least I don't have to wait for a positive pip
Yes and no, fundamental issues, news and policy decisions, move this market. Demand yes, supply, ask yourself is there are issue with 'supply' in FX, or our understanding of it? Headlines, covering policy, do move the market, anyone ignoring that is quite simply deluded.

Quoting Hoops McCann
Because they don't know how to read price, supply and demand runs this market, not headlines or wishful thinking.
Quoting Squeeze
Yes and no, fundamental issues, news and policy decisions, move this market. Demand yes, supply, ask yourself is there are issue with 'supply' in FX, or our understanding of it? Headlines, covering policy, do move the market, anyone ignoring that is quite simply deluded.
You're a fool. Read up on supply and demand, you can't have one without the other. Price action "is" supply and demand. I do ignore headlines and I make out very well. I enjoy taking your money every month. Thank you for your donations. Then you wonder why you cry when the markets go the opposite direction of the news...
Quoting Hoops McCann
Price action "is" supply and demand.
and supply and demand is the consequence of the economic outlook of the major institutions in the financial market, ie, fundamental analysis.

End of story, next topic and pivot, please!
Quoting Loadedgun
Fathers paying school fees for their children abroad, companies remitting profits, travelers strolling the world
No, you must try and get real.
You quoted parents who pay their bills as an example of capital flow but it just shows your weak point of view. You said that I think that large financial institutions mean more than speculators, but no, I did not say that, it just shows once again your weak interpretation. In fact, financial institutions move the market and central banks have larger economic power that speculators in general.

Ignore the value and weight of the fundamentalist analysis, so much to analyze the intraday flow as monthly is a testament to ignorance.
Quoting ssshhhh
Ignore the value and weight of the fundamentalist analysis, so much to analyze the intraday flow as monthly is a testament to ignorance.
Again the problem is that we are not communicating. What I wrote you do not understand and so it is difficult to convey meaning. I did not say you said anything - I am trying to tell you some things which you apparently cannot read to comprehend. So let us just leave it at that. But what I have explained here I am sure a professor of economics will explain similarly in your preferred language -they are the basic facts. Sorry about the communication but fundamentals is simply for gamblers - it is a casino type discipline and mentality and the most profoundly ignorant approach anyone might wish to adopt - not to mention being totally useless for the purpose of trading.

The only people that enjoy fundamentals are propagandists, site owners, forex educators, paid analysts, news vendors, etc. Cheers
  • Comment #82
  • Quote
  • Edited Jun 8, 2013 6:13am Jun 7, 2013 2:13pm | Edited Jun 8, 2013 6:13am
BTW: there is nothing to evaluate with fundamentals - what and how do you evaluate anything whether monthly or annually? Where price will go? That is not what macroeconomic analysis is designed for it is designed for evaluating entire economies in the aggregate and very little attention is paid to market dynamics in macroeconomics. Rather we study policy which is a broad and complex area and certainly no predictor of price or anything else if the truth be told. I am an economist - so I would be way ahead of you in this game if in fact fundamental analysis is useful - but I am telling you (obviously untrained in economics) that it is completely useless. Ask another economist and he or she will tell you the same. Sorry bro better to draw simple trend lines than to waste your time.
You're so funny, you leave traces of ignorance in all your posts.
You probably missed the class about fundamental analysis and macroeconomics.
I had excelent classes about it and I take it every day, I learned how to interpret the capital flow (ops, fundamentalist analsys) to take advantage of the market (currencies, stocks, bonds). If you really Knew how to interpret the fundamental analysis, you would have taken the intraday bullish trend of CAD against all currencies instead of wasting time defending theories on the internet.

You say feel sorry but I'm happy to use F.A. for making decisions, my profit today, selling NZD against CAD was due to F.A.
Have you now moved past your infatuation with Niall Fuller to be taken up with Sam Seiden now? As for you being on the other side of my bets that's ludicrous, you're retail and the FX 'game' is not zero sum anyhow.

I suggested to you that you consider the supply side of FX and the overall phenomena of supply and demand wrt to FX in a different light, perhaps elevate yourself beyond what is parrot fashion delivered to you. You're told that supply, demand, order flow equals price action, I'd suggest that's a 'damaged' equation and anyone relying on price action to occur in such a way and be any more reliable than coin flipping, particularly on the charts most look for their price action to occur, is being fooled by randomness.

BTW, that spike versus yen we've just experienced, tell me again how your price action predicted that?

Quoting Hoops McCann
You're a fool. Read up on supply and demand, you can't have one without the other. Price action "is" supply and demand. I do ignore headlines and I make out very well. I enjoy taking your money every month. Thank you for your donations. Then you wonder why you cry when the markets go the opposite direction of the news...
Like I said.. Thanks for your donations. As for that spike, there was an inside pin bar on the 4hr chart. Big boys played off that, ran it down to trap sellers then flipped it up. I made out. Thanks... But what did price action have to do with that? Lol
Honestly, that's actually one of the most pathetic claims I've ever read on this section. You "saw that coming and made out on it"...<inserts shakes head emoticon>

Quoting Hoops McCann
As for that spike, there was an inside pin bar on the 4hr chart. Big boys played off that, ran it down to trap sellers then flipped it up. I made out. Thanks...
You have much to learn.
Report from the Unemployment Rate are week but report from Non Farm Employment Change are Positive but not that strong enough compare with the Euro. Few report from the Euro are clearly show that the Euro are heading Up towards 1.3303 and above.
I'm always curious as to who's behind the moves like that. Who could have sold that much dollar in such a short time. Was trading EurUsd, at 1.32 I thought yeah, there'll be a retracement then in about 30 minute there was another 100 pips, took out all the stop above 1.324 and 50 pip push in 5min from 1.325 to 133.
Quoting CoolJL
I'm always curious as to who's behind the moves like that. Who could have sold that much dollar in such a short time. Was trading EurUsd, at 1.32 I thought yeah, there'll be a retracement then in about 30 minute there was another 100 pips, took out all the stop above 1.324 and 50 pip push in 5min from 1.325 to 133.
Big players, A.K.A Banks. Those moves are always at key support and resistance levels with signs of rejection. They fake the move then reverse it after trapping shorts or longs. Pros are also looking at those moves which help move it as well. Easy signals once you learn them.
  • Comment #91
  • Quote
  • Edited Jun 8, 2013 6:14am Jun 7, 2013 7:48pm | Edited Jun 8, 2013 6:14am
Quoting Hoops McCann
Big players, A.K.A Banks. Those moves are always at key support and resistance levels with signs of rejection. They fake the move then reverse it after trapping shorts or longs. Pros are also looking at those moves which help move it as well. Easy signals once you learn them.
Since our approach is very similar if you do not mind I will share a thing or two starting with this simple estimate of the Euro's movement. I use an approach based on chaos and fractal geometry and it is rather precise (probably the most precise form of trading so far). In chaos we just do the math and never worry about other players and we get it right each time. So for instance we can tell you that the Euro has a limit before it turns of 1.34800 and at this target amplitude - it will lose all upward thrust and resume its fall towards its current low area of 1.2700. Therefore all of next week is an up week. Do observe and see the precision and capacity in forward reading that chaos allows and be assured of your own approach which basically ignores fundamentals - something I admire about it very much. Cheers

BTW: I very much love the way you slapped that pretender squeeze around. Best wishes.
BTW: Note that chaos is a science and while a small margin of error is allowed in our calculated estimates it is not like fundamental and technical analysis (outdated concepts I would say) which are essentially speculative what if analysis. It is a calculation we trade and the 1/20 margin of error we allow in this case is the risk we take.
Quoting Hoops McCann
Big players, A.K.A Banks. Those moves are always at key support and resistance levels with signs of rejection. They fake the move then reverse it after trapping shorts or longs. Pros are also looking at those moves which help move it as well. Easy signals once you learn them.

I know its the big banks, but some times I just wonder, out of curiosity, who actually put their money down. Is it one bank or few or several? And and by how much? I remember few months ago, I think it was Brazil who dumped 600mil usd and it spiked for 50 pips in 5 -10 min or so. I'm thinking in that 100 pip move up at the end of the surge on friday maybe around billion was dumped, and because it happened quickly it probably wasn't too many banks involved.
It's a coordinated move between banks and hedge funds. They wait for the right price action signal setups. One well known strategy is an inside pin bar. Like today on the USD/JPY. There was an inside pin bar on the 4H chart at a key resistance level. Buyers couldn't break through that candle making sellers think they were in control only to be set up by a trap making them think it was going much lower. Those institutions help push the price down to trigger stops to get people on board, then flip it around. That's why you see it move so fast, then jerk back the other way. It's a fake. It's easy to spot and easy money for them. It's all about stop hunting. Pro's are watching for these signals and they get on board helping the move, they aren't dumb. Retail traders are crying wondering why the market isn't doing what they were told it was going to do. Go back and look at your charts to see how many sharp moves happen around that signal.
Well, well, well, the failed Nial Fuller 'Fakey' script perfectly opined by a sock puppet. Riddled with all the usual faults and inconsistencies particularly the curve fit using hindsight. Particularly 'liked' the failed pin par reversal 'method'.

Quoting Hoops McCann
It's a coordinated move between banks and hedge funds. They wait for the right price action signal setups. One well known strategy is an inside pin bar. Like today on the USD/JPY. There was an inside pin bar on the 4H chart at a key resistance level. Buyers couldn't break through that candle making sellers think they were in control only to be set up by a trap making them think it was going much lower. Those institutions help push the price down to trigger stops to get people on board, then flip it around. That's why you see it move so fast, then...
"The meek shall inherit the earth.." Yeah right, good luck with that shit..
Quoting Hoops McCann
...There was an inside pin bar on the 4H chart at a key resistance level...
Different brokers start the 4h candle at different times... Is yours lined up with London Open because I don't see it...

Anyway, if I remember correctly, Nial trades of the daily...
Quoting Spreadbetter
Well, well, well, the failed Nial Fuller 'Fakey' script perfectly opined by a sock puppet. Riddled with all the usual faults and inconsistencies particularly the curve fit using hindsight. Particularly 'liked' the failed pin par reversal 'method'.
Did you get my PM? I gave you my email address in it... I try to avoid this place the best I can... too many muppets!
Apols buddy, just popped in now. Will check it and reply later. Thanks.

Quoting bbakker
Did you get my PM? I gave you my email address in it... I try to avoid this place the best I can... too many muppets!
"The meek shall inherit the earth.." Yeah right, good luck with that shit..
Agreed and it's selective hindsight at best. The Nial Fuller Fakey inside pin bar method is no more reliable than any other PA or indicator 'cluster' technique. All the methods have been plagiarised from threads on FF and or are available on you tube as oz trader iirc.

Quoting bbakker
Different brokers start the 4h candle at different times... Is yours lined up with London Open because I don't see it...

Anyway, if I remember correctly, Nial trades of the daily...
"The meek shall inherit the earth.." Yeah right, good luck with that shit..
If you've still got a man crush on the likes of Fuller you must be less than two years into picking up the pennies in front of the steam roller that is trading spot forex. It'll be you that's "donating" twice; one to Fuller and one to the market.

I've said it before but its worth repeating if you spot forex retail guys can't nail your trading down to half an hour a day, from your smartphone, using market orders and take profit limit orders then you're trading all wrong. Guys like Fuller thrive on dependence which is why they like you hunched over your ten year old Dell waiting for that perfect set up.

Quoting Hoops McCann
You have much to learn.
"The meek shall inherit the earth.." Yeah right, good luck with that shit..
Quoting bbakker
Did you get my PM? I gave you my email address in it... I try to avoid this place the best I can... too many muppets!
I add you to my buddy list. Please PM me. How do I PM you?
Quoting Spreadbetter
If you've still got a man crush on the likes of Fuller you must be less than two years into picking up the pennies in front of the steam roller that is trading spot forex. It'll be you that's "donating" twice; one to Fuller and one to the market.

I've said it before but its worth repeating if you spot forex retail guys can't nail your trading down to half an hour a day, from your smartphone, using market orders and take profit limit orders then you're trading all wrong. Guys like Fuller thrive on dependence which is why they like you hunched...
What a huge joke from someone without a clue but I thought you were off for the weekend (though you remained as squeeze and got thoroughly slapped around by the newest guy on the block) - what sent you scrambling back here? Bet you ran out of money. Poor chap.
Yes you are a "joke" and you stink the site out constantly. I get reply posts to my iPhone, so I pick and choose what and who to reply to, when I pick it up. That's what we have in the developed world, we phased out two tin cans with a bit of string tied together and carrier pigeon a few decades ago. I see you're still doing the paranoid delusional thing.

Now then Forex Factory's pet troll, you run along and bother someone else with your trolling. Your repetitive nuisance value is wearing thin.

Quoting Loadedgun
What a huge joke.
"The meek shall inherit the earth.." Yeah right, good luck with that shit..
  • Comment #104
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  • Edited Jun 9, 2013 7:04am Jun 8, 2013 7:56am | Edited Jun 9, 2013 7:04am
Quoting Spreadbetter
Apols buddy, just popped in now. Will check it and reply later. Thanks.
Does not add up - this iphone story - it would appear to me to be disinformation (a gentleman's way of calling someone a liar). But fine you got an iphone what else child? bet you forgot about this post mutt.

BTW:That kid really slapped you around yesterday (15 years +++ and all still trading demo at fxcm according to a reliable source).
Quoting Loadedgun
Does not add up - this iphone story - it would appear to me to be disinformation (a gentleman's way of calling someone a liar). But fine you got an iphone what else child? bet you forgot about this post mutt.

BTW:That kid really slapped you around yesterday (15 years +++ and all still trading demo at fxcm according to a reliable source).
You are one deluded fool who makes it up as you go along. You must be forgetting to take your pills...
Quoting frx_trader
I add you to my buddy list. Please PM me. How do I PM you?
Sorry.. do I know you? Why do you want to PM me? I only make personal contact with people on here that I believe are respectable traders and they are few and far between. I am a busy man and I don't like to waste my time... Sorry!
Quoting bbakker
Sorry.. do I know you? Why do you want to PM me? I only make personal contact with people on here that I believe are respectable traders and they are few and far between. I am a busy man and I don't like to waste my time... Sorry!
Np, sorry to waste your time. I discharge you from my buddy list. GL.
Quoting bbakker
Sorry.. do I know you? Why do you want to PM me? I only make personal contact with people on here that I believe are respectable traders and they are few and far between. I am a busy man and I don't like to waste my time... Sorry!
Done. Discharged from buddy list.
Quoting frx_trader
Done. Discharged from buddy list.
LOL... thanks buddy!
Quoting Hoops McCann
It's a coordinated move between banks and hedge funds. They wait for the right price action signal setups. One well known strategy is an inside pin bar. Like today on the USD/JPY. There was an inside pin bar on the 4H chart at a key resistance level. Buyers couldn't break through that candle making sellers think they were in control only to be set up by a trap making them think it was going much lower. Those institutions help push the price down to trigger stops to get people on board, then flip it around. That's why you see it move so fast, then...
There is a lot of candle stick manipulation going on but as with these things its always far easier to call it after the move happens, otherwise we'll all be billionaires. Was the EURUSD push upto 1.3300 a fake move? Looking at the daily chart If it holds above 1.328 in next few days it probably wasn't be but if it start closing 1.328 then it probably was.
Quoting CoolJL
There is a lot of candle stick manipulation going on but as with these things its always far easier to call it after the move happens, otherwise we'll all be billionaires. Was the EURUSD push upto 1.3300 a fake move? Looking at the daily chart If it holds above 1.328 in next few days it probably wasn't be but if it start closing 1.328 then it probably was.
That is why money management is the most important factor in trading. Cut those losses short if you are wrong and let the winners run when you can.
Quoting Spreadbetter
...hunched over your ten year old Dell waiting for that perfect set up.
LOL
Tracking the Specialists.
Quoting bbakker
That is why money management is the most important factor in trading. Cut those losses short if you are wrong and let the winners run when you can.
That goes without saying, but it still surprises me how often you see posts saying I've made 100%+ or blew account in a day!
Quoting CoolJL
That goes without saying, but it still surprises me how often you see posts saying I've made 100%+ or blew account in a day!
Nothing surprises me on this site because it is full of noobs who haven't got a clue with regards to money management and that is why I rarely frequent it anymore.

To be honest, I don't know why I started posting on here again recently... reading headlines to get an idea of the fundamental landscape only for it to be littered with vile bile from the likes of Mr Preacher of Fundamental hate. The forums are a joke too.

So on that note, I bid you success with your trading and farewell.
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  • Posted: Jun 6, 2013 11:54am
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