pips4: I 'kind of' agree. I had a short signal on the AUDUSD last night and looked at the calendar after the fact. I noticed that there was an interest rate statement due out for the AUD about 2 hours later. The thing about it is, is, it was a great short set up on the 4hr, $ee pic. I got out right at around the bottom of the spike down. Almost 100 pips on that trade banked. If there was indecision about the decision , then should the MACD been flat??? Maybe, but it wasn't. Maybe the banks new what was already to come and those folks were already getting so the MACD just confirmed what was about to happen.
'Kind of agree': If the NFP or FOMC is coming out, I'm too chicken. Even less of a chicken, kind of like one of them there KFC 'birds' ya know? I'm not sure if I could trust the MACD signal before one of those releases. I've seen the spread go to 20 pips on the EURO$ a few minutes before the release. If you can negate that factor than I'd be a little more apt to get in before. Did I mention the word 'chicken' yet? But, these are 4 hour bars we are talking about, not 15 or 30 min bars, we have a lot more room to work with. I commend you for trusting what you see in the charts and letting the news just be the news....I'll get there one day. Next month would be great...tomorrow ( going to be a blender for the USD ) would be great...I'm too escared...
Here's a little diddy before we all go to battle....
Ya gotta say this in the 'Snoop Dog' tone, boyeeeee....
Rollin' wit duh flow.
Tryin' tuh make sum doh wit my M T foh.
All of us was ill.
Till we found our mentor Phill.
Gotta plot my pivots.
Tryin' tuh hit them digits.
Is we gonna cross?
Damn this FF is boss!
London session gonna open.
Not a word to be spokin.
Startin' with an outside bar.
Need some new shoes for my car.
Gotta MACD top.
EURO gonna drop like a rock.
Send the market order.
Will it retrace at least a quarter?
Oooh, gonna make some bank!
I know that ain't my booty that stank.
Trailing stop is in.
Gonna hit that juice and gin.
Got my 40 pips already.
21ma startin' to look heavy.
Time to tighten up.
Dog lookin' at me like shut the f-up.
Stop loss just got hit by a tank.
That's ok cause I just made baaank!
Copyright September 7, 2006 at about 1:15 Central time zone USA.
word
oh yeah, the chizzle from last nizzle...
'Kind of agree': If the NFP or FOMC is coming out, I'm too chicken. Even less of a chicken, kind of like one of them there KFC 'birds' ya know? I'm not sure if I could trust the MACD signal before one of those releases. I've seen the spread go to 20 pips on the EURO$ a few minutes before the release. If you can negate that factor than I'd be a little more apt to get in before. Did I mention the word 'chicken' yet? But, these are 4 hour bars we are talking about, not 15 or 30 min bars, we have a lot more room to work with. I commend you for trusting what you see in the charts and letting the news just be the news....I'll get there one day. Next month would be great...tomorrow ( going to be a blender for the USD ) would be great...I'm too escared...
Here's a little diddy before we all go to battle....
Ya gotta say this in the 'Snoop Dog' tone, boyeeeee....
Rollin' wit duh flow.
Tryin' tuh make sum doh wit my M T foh.
All of us was ill.
Till we found our mentor Phill.
Gotta plot my pivots.
Tryin' tuh hit them digits.
Is we gonna cross?
Damn this FF is boss!
London session gonna open.
Not a word to be spokin.
Startin' with an outside bar.
Need some new shoes for my car.
Gotta MACD top.
EURO gonna drop like a rock.
Send the market order.
Will it retrace at least a quarter?
Oooh, gonna make some bank!
I know that ain't my booty that stank.
Trailing stop is in.
Gonna hit that juice and gin.
Got my 40 pips already.
21ma startin' to look heavy.
Time to tighten up.
Dog lookin' at me like shut the f-up.
Stop loss just got hit by a tank.
That's ok cause I just made baaank!
Copyright September 7, 2006 at about 1:15 Central time zone USA.
word
oh yeah, the chizzle from last nizzle...
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