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- ForexSpaz replied Jul 8, 2008
Can you please further explain about this? How do spot the moment "big boys" come in to reverse it? I have been burned so many stop so far. Thanks
- ForexSpaz replied Jul 3, 2008
Guys, Becareful with the buy right now, it has broke both of the uptrent bottom line. I may go down further, but I wouldn't sell it either. Don't try to revenge the market.
- ForexSpaz replied Jul 3, 2008
FXC, my SL for my sell was at my sold price so when it go up before going down it closed mine so I didn't make any money at all. But however, by looking at your chart, I noticed you didn't set buy or sell before the news, you waited after the news ...
- ForexSpaz replied Jul 2, 2008
I am shorting it from 5885, that would be super kewl if it can go down that fast image Would you take profit at 5800?
- ForexSpaz replied Jul 2, 2008
I start to feel the effect of that 8 pips spread. I promise never trade on any pair more than 4 pips.
- ForexSpaz replied Jul 2, 2008
Clouds, that's 80 pips away, what's your ground on this?
- ForexSpaz replied Jul 2, 2008
The way I see it. If EU go pass 1.9897 (upper TL since 6/27), it will go to 1.5916 (Upper TL since 4/22). If it go pass that, hell I don't know what holding it back. But I do prepare to short it at these two points hoping that EU will stay in its ...
- ForexSpaz replied Jul 2, 2008
FXC, thanks for sharing. I usually do that in 4H timeframe. Just your opinion, how likely that method work?
- ForexSpaz replied Jul 2, 2008
Great advise! The problem I have is I am a noob so I have to wait till the pair oversold or overbought to come in and buy or sell. I don't have enough experience like you yet to see the right condition to jump in
- ForexSpaz replied Jul 2, 2008
It is Non Farm VS Trichet, and I am not sure which one is weighted heavier, that's why I am staying away from this pair at the moment.
- ForexSpaz replied Jul 2, 2008
I agree, but if it gives me 50 pips, then I can afford the ticket price for the ride
- ForexSpaz replied Jul 2, 2008
It's just my logical thinking, I really don't have enough experience to say that it is going down. However, I am shorting the EURCAD right now because I think it is going down. I intentionally stay away from that EURUSD because of the early morning ...
- ForexSpaz replied Jul 2, 2008
I am trying to push the EURCAD down from its overbought condition in 4h window. But with my 2 standard lot, it won't do it! LOL
- ForexSpaz replied Jul 2, 2008
And if my thinking is correctly then that Euro must be going down right now! But it isn't! What do I know
- ForexSpaz replied Jul 2, 2008
He wants to financial integration, if I understand him correctly, that's mean he doesn't want inflation in Europe and hence he can't raise the rate. If he does, the inflation risk is higher.
- ForexSpaz replied Jul 2, 2008
LOL, I think he must have made alot of money leaking to people ahead of time, look at the damn EUR boucing!
- ForexSpaz replied Jul 2, 2008
Bro, I thought he talked at 12:15AM, is it mean the online TV is not live?
- ForexSpaz replied Jul 2, 2008
Thanks so much bro!
- ForexSpaz replied Jul 2, 2008
FXC, Can you please tell us what he said? I really don't know where to watch him talk at all! All I see is the damn EUR boucing up and down like walking on fire! )
- ForexSpaz replied Jul 1, 2008
As expected! — As expected! It bounced back 95 pips! Damn I am good!