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  • #30,641
  • Sep 16, 2008 7:26am Sep 16, 2008 7:26am
Quoting zass
lol i stuck in my bull juz now.luckily i can close it..dun wan to take any risk.. im oso not sure wheres da direction...wat u guys think bout it?
north (imVho)
  • #30,642
  • Sep 16, 2008 7:29am Sep 16, 2008 7:29am
Quoting altrader
I'm still not convinced by this move up. The news data has not been released yet, lol.
I'm all for your prediction... let's wait until 15:00 CET.
  • #30,643
  • Sep 16, 2008 7:30am Sep 16, 2008 7:30am
Quoting iiivb
north (imVho)
It'll probably go up at first on the bad USD news (if it is bad) but will then come crashing down a few hours later and make new lows.

I don't know but it will be interesting to observe what happens. I'm not trading this news one way or another. I just want to watch.

Maybe after paulson does his speech I'll put a trade in. OR I'll put a trade in if it is good news for the USD.
  • #30,644
  • Sep 16, 2008 7:30am Sep 16, 2008 7:30am
My spread just widened for the first time since I went live with IBFX like 3 months ago.
Do you think the karate kid knows kung-fu?
  • #30,645
  • Sep 16, 2008 7:31am Sep 16, 2008 7:31am
Quoting zass
lol i stuck in my bull juz now.luckily i can close it..dun wan to take any risk.. im oso not sure wheres da direction...wat u guys think bout it?
the price action speaks for itself I feel. We have been bouncing back and forth between the 23.6/daily pivot and 61.8 fib all day so far.

Love to be a scalper...
  • #30,646
  • Sep 16, 2008 7:33am Sep 16, 2008 7:33am
closed out my losing sell trades and went long, got into profit and got taken out by trailing stop at 32pips, i guess i did that cuz i was reading people comment, it pays to trade in group i have learnt now. hehehehe
  • #30,647
  • Sep 16, 2008 7:38am Sep 16, 2008 7:38am
Looks like orange channel is in play now.
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  • #30,648
  • Sep 16, 2008 7:42am Sep 16, 2008 7:42am
Quoting ddblue
My spread just widened for the first time since I went live with IBFX like 3 months ago.

bro it happens very often actually... you seldom trade during big news?
  • #30,649
  • Sep 16, 2008 7:42am Sep 16, 2008 7:42am
Quoting magictrader
Looks like orange channel is in play now.
Follow your Chart is really "A Kind of Magic"

Take care!
  • #30,650
  • Sep 16, 2008 7:43am Sep 16, 2008 7:43am
well the yen is getting stronger from this news, lol. Can't tell much else from it lol.

Divergence between oil and gold too which is interesting, on the 30min time frame.
  • #30,651
  • Sep 16, 2008 7:48am Sep 16, 2008 7:48am
Negative CPI. Wow. Just wow.

Rate cut is almost certain after that.
  • #30,652
  • Sep 16, 2008 7:49am Sep 16, 2008 7:49am
..... be prepared to see a fast and nice up move.

Be careful about False break.
  • #30,653
  • Sep 16, 2008 7:50am Sep 16, 2008 7:50am
Quoting BoredToLoose
Follow your Chart is really "A Kind of Magic"

Take care!
They should have listen to you
  • #30,654
  • Sep 16, 2008 7:55am Sep 16, 2008 7:55am
definitely north.
  • #30,655
  • Sep 16, 2008 7:57am Sep 16, 2008 7:57am
Quoting spathi
definitely north.
YUP

But not this second, it will go down first,
Are you or are you OUT?
  • #30,656
  • Sep 16, 2008 7:59am Sep 16, 2008 7:59am
I don't know. But that's my position if we break over 1.4280
  • #30,657
  • Sep 16, 2008 8:02am Sep 16, 2008 8:02am
Quoting TIckerShuffl
I don't know. But that's my position if we break over 1.4280
blast off to 1.4550...thats what i thought should have happened yesterday...it will probably happen after rate decision though...i fully agree...and lets make it break of 1.4300...psychological value hehe
Different opinions highly valued, ignorant to slander.
  • #30,658
  • Sep 16, 2008 8:02am Sep 16, 2008 8:02am
WOW TIC Net Long-Term Transactions

dropped so much

no ones wan a piece of US anymore...
  • #30,659
  • Sep 16, 2008 8:04am Sep 16, 2008 8:04am
Just heard that the Fed is ready to inject more money if required. I'm still bearish.
  • #30,660
  • Sep 16, 2008 8:04am Sep 16, 2008 8:04am
i am dead man.stops taken out for shorts again.i just have to wait and hope feds cut rates.
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