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- DeePipster replied May 13, 2008
Tell me, what happens when people buy these houses that have been overpriced and it suddenly comes back down to where it should be?? Easy, they end up owing more for the house than it's worth. What happens when people can't make the payments and ...
- DeePipster replied May 13, 2008
Like I posted a couple hours ago, maybe now that inflation is coming out so high a concern for stagflation is surfacing. That might be why it shot up and then plummeted down. Regardless, there is a trend-line around 1.945 that I think will cause ...
- DeePipster replied May 13, 2008
I'm going to close out before the CPI data is released because I can't be around when it is, but is it possible with today's horrible RICS data and Retail Sales Monitor, that if the CPI comes out hot, then people could be thinking of stagflation?? ...
- DeePipster replied May 12, 2008
After Hornet told me "no," I went back and looked and noticed it wasn't at the top of an uptrend. The trend is going up and now it's bouncing back between two small points... I guess that negates the evening star- right? Learning to read ...
- DeePipster replied May 12, 2008
Thanks! I appreciate the response.
- DeePipster replied May 12, 2008
I learning how to read charts- so can someone help me out. On the 30min chart, is there a potential evening star forming if we continue to go down and this new 30min candle closes down?
- DeePipster replied May 12, 2008
Let's stick to trading and not mud slinging. I think Navin does a good job with his posts in recognizing patterns and explaining his thinking. Is he always right? No, but who is? He might not be as skilled as hard1head1, hornet, or others in here, ...
- DeePipster replied May 9, 2008
I've got to learn these trendlines and the tendencies. I've been trading for only 6 months with no prior knowledge of the markets. However, even though I'm a complete newbie- I've ended up making around $1300 for these 6 months. Not bad, but I have ...
- DeePipster replied May 9, 2008
I've seen you say many times that it will break a line and then go back and test it- is that what you are saying here? I'm not asking for direction, but trying to learn from your analysis.
- DeePipster replied May 9, 2008
I was wrong ... I'll go back to my hole now. But at least I made $20 off of it
- DeePipster replied May 9, 2008
Hahahaha- injecting is for junkies- puff puff pass. I hope I'm dead wrong- I hope cloud is dead right and it goes to 2.07. I'll hold this position, collect interest, and do some scalping/trading on the way up. I'm long, so if I'm wrong I'm happier ...
- DeePipster replied May 9, 2008
I think it's going to bounce up here, but I don't see it making it back to 2.00 for a long time. I think the highest it goes is around 1.98 and then down again. Right now, the 1.9500 exotic option barrier has been broken, but there is another exotic ...
- DeePipster replied May 9, 2008
Good job on picking that bottom! My ultimate TP is at 1.978. I'll be moving my SL loss up along the way. I've already moved it 2 pips in front of my entry. Call me a puss, I don't care, at least I'll leave with $20 in the worst case
- DeePipster replied May 9, 2008
Let's see if I'm right.. I closed 2 short mini lots out at +47 pips and I have one standard lot long at 1.9505. Stop loss at 1.9480.
- DeePipster replied May 7, 2008
They called it an "exotic option barrier" in one news bit and "exotic exposure" in another. This is what one of the news items said- "London, May 7. A 1.9600 GBP put option rolls off at the 10am Eastern NY cut tomorrow, beyond the 11:00GMT BoE MPC ...
- DeePipster replied May 7, 2008
I trade through Oanda and another company, but the FX News service with Oanda will give you that kind of information when it is important to know. It seems like when there is a big option like that- not often does it break through unless there is ...
- DeePipster replied May 7, 2008
I'm pissed at myself. I had my take profit at 1.9505 and I was going to go long at that moment... but it started moving up after the release of pending house sales (fake move up) and I closed it early. What number did it get to??? 1.9504!!!!! I ...
- DeePipster replied May 7, 2008
Trader, here is one. Japanese Candlestick Charting Explained
- DeePipster replied May 2, 2008
I swear this is just gambling the past couple days. The bad news comes out for the pound and it goes up-- how can this be???? Was there something extra that happened that I'm not aware of??
- DeePipster replied Apr 30, 2008
Now I feel more like I'm gambling more than trading. I just don't understand this market- I guess I need to start doing the "coin toss" strategy that was talked about last week.