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  • #72,321
  • Mar 6, 2009 6:25am Mar 6, 2009 6:25am
Quoting psiholog
wow. truly incredible. i am impressed truly. . You are correct sir i am just like your nephew. On that note i must grow up and delete this forum from my favorites list. Thank you oh great one...you have shown me the exit. THis time i truly will not return as my observations are not needed here anymore..thank you. Good bye and a big fuck you...hope i get banned for this

oh come on though we all have different way of trading we're still human, others give advise bu the decision is in your hand, you're responsible of what you're doing in life not other so don't bother.
  • #72,322
  • Mar 6, 2009 6:27am Mar 6, 2009 6:27am
Quoting essenza
oh come on though we all have different way of trading we're still human, others give advise bu the decision is in your hand, you're responsible of what you're doing in life not other so don't bother.
He's probably just pissed (too many Crownies)... it is friday night here.
In the days of old when sailors were bold, and seldom if ever contented.
  • #72,323
  • Mar 6, 2009 6:29am Mar 6, 2009 6:29am
Quoting emda
I have changed all my shorts with longs today..... I'll wait to the non farm reaction and maybe add more longs then. Why? just technical and a bit of intuition.

i read at the news section that though nfp will be bad for US but still the long term trend is bearish because all the US treasury buyers will instead buy the $ also, so short EU..CMIIW
  • #72,324
  • Mar 6, 2009 6:32am Mar 6, 2009 6:32am
I dont post oftenly anymore.. but I still remember psi, he contributes a lot to the community.. word from acumen or someone here I forgot might works for you psi, when you're making money out of it, ignore "everyone" well, I do that
Money often costs too much...
  • #72,325
  • Mar 6, 2009 6:32am Mar 6, 2009 6:32am
Quoting blindpeach
Hi Driver55 and everybody! You were right driver55 in going long in usdjpy , what do you think in eurusd today , maybe a rally on going long?

Take care all and good trades.

Rafael

I am short on EURUSD ..
but this does not mean that the market should go down .

let's see

The best thing that can happen to you is to find out where you're wrong.
  • #72,326
  • Mar 6, 2009 6:32am Mar 6, 2009 6:32am
Psiholog, sleep off all that beer in ya, and come on back. They will forgive you around here... I think.
  • #72,327
  • Mar 6, 2009 6:39am Mar 6, 2009 6:39am
What do you think about this channel folks?

http://i427.photobucket.com/albums/p...ce/chart-3.jpg
  • #72,328
  • Mar 6, 2009 6:40am Mar 6, 2009 6:40am
Quoting psiholog
wow. truly incredible. i am impressed truly. . You are correct sir i am just like your nephew. On that note i must grow up and delete this forum from my favorites list. Thank you oh great one...you have shown me the exit. THis time i truly will not return as my observations are not needed here anymore..thank you. Good bye and a big fuck you...hope i get banned for this
  • #72,329
  • Mar 6, 2009 6:40am Mar 6, 2009 6:40am
Quoting Driver55

I am short on EURUSD ..



but this does not mean that the market should go down .



let's see

me too from 1.2673, see my chart above
  • #72,330
  • Mar 6, 2009 6:45am Mar 6, 2009 6:45am
Quoting essenza
i read at the news section that though nfp will be bad for US but still the long term trend is bearish because all the US treasury buyers will instead buy the $ also, so short EU..CMIIW
Agreed. Seems like everybody is going long today,... but I see the risk of a breakdown.
Attached Image (click to enlarge)
Click to Enlarge Name: EUR.USD 060309 15 min..jpg Size: 170 KB
  • #72,331
  • Mar 6, 2009 6:45am Mar 6, 2009 6:45am
Quoting T.E.Lawrence
I love the smell of a gap in the morning!

http://cache02.stormap.sapo.pt/fotos...8_000bb9gp.jpg
Recently I had some really profitable trades using gap traps to hunt and gather cunning and malicious pips.
  • #72,332
  • Mar 6, 2009 6:45am Mar 6, 2009 6:45am
..... It's huffing and puffing when it should be flying down.

Good Trading.
Good Trading. (keep it simple).
  • #72,333
  • Mar 6, 2009 6:46am Mar 6, 2009 6:46am
I have to give derek some praise for posting his charts yesterday.
He predicted a bull run when market was very bearish..
Now we see his predictions coming true.

  • #72,334
  • Mar 6, 2009 6:48am Mar 6, 2009 6:48am
Wow, nice discussion you guys had here. Well with exception of some people who need to learn how to get over themselves I took a nice long on EURJPY last night and woke up to 60 pip profit, moved SL to entry and decided to let it run. Bad move, should have taken it. After the NFP, I will be looking to short at .2880 if PA says so.
  • #72,335
  • Mar 6, 2009 6:50am Mar 6, 2009 6:50am
i am too long from 1.2668
  • #72,336
  • Mar 6, 2009 6:54am Mar 6, 2009 6:54am
My experience has tought me well to avoid trading the NFP. If any of you do trade it--then good luck.

I wouldn't recommend it if you are inexperienced.
  • #72,337
  • Mar 6, 2009 6:55am Mar 6, 2009 6:55am
Quoting janka3002
i am too long from 1.2668
Thats what she said...
  • #72,338
  • Mar 6, 2009 6:55am Mar 6, 2009 6:55am
Quoting nvcK
Wow, nice discussion you guys had here. Well with exception of some people who need to learn how to get over themselves I took a nice long on EURJPY last night and woke up to 60 pip profit, moved SL to entry and decided to let it run. Bad move, should have taken it. After the NFP, I will be looking to short at .2880 if PA says so.
...emotionless trading.....pfff......emotionless trading is for sissies, SISSIES!
  • #72,339
  • Mar 6, 2009 6:59am Mar 6, 2009 6:59am
Do note that this EURUSD Bull run was due to some rumor of a very bad NFP, comfounded by some East European CB buying EURUSD (then dumping it at the peak).

NFP day is very thin market for forex. It was artificial bull run. Beware.

Beware also that DOW Future is -41 (bearish for EURUSD).. it was ++ when the rally occured.

* Note also that a BAD NFP is already priced in but will cause DOW to drop, thus bearish signal for EURUSD.
* Note that a GOOD NFP will cause whipsaw in EURUSD - could go either way.

My plan:
If worse than expected NFP, I will wait with a SELL LIMIT 30~40 pips above 8:29:59AM EST price.
If beter than expect NFP, i am staying away looking for DOW for direction.
  • #72,340
  • Edited 7:21am Mar 6, 2009 7:00am | Edited 7:21am
The news headlines gonna be.. the stock market rallied today amid in recession the job losses was still terrible but didnt meet with analysts expectation, or the stock market rallied in speculation of a new stimulus due to the historical bad data released today.

what are they gonna write today? ,i expect a new low in equities, but wont be surprised the opposite.
"Simplicity is the ultimate sophistication" leonardo da vinci
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