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  • #119,521
  • Jul 8, 2009 9:05am Jul 8, 2009 9:05am
Quoting notch
One abbreviation: PPP


It has a very low correlation in the short to medium term but high beyond that.
Agree. Also agree that this long is taking too long.
  • #119,522
  • Jul 8, 2009 9:05am Jul 8, 2009 9:05am
woot a day !!!
  • #119,523
  • Jul 8, 2009 9:05am Jul 8, 2009 9:05am
Quoting Zappa
My point is that we are always predicting. Always. I constantly hear people stating, "I don't predict the market, bla bla bla..". They are incorrect. Every trade is a bet, and every bet is a prediction. Every trade involves risk/reward, hence a gamble. Did you not read what I was responding to? This is not hard to comprehend.

I agree with the above but the price is going up!
  • #119,524
  • Jul 8, 2009 9:06am Jul 8, 2009 9:06am
25mins to go til news......then hopefully this market will make its mind up....what a BORING day so far
  • #119,525
  • Jul 8, 2009 9:06am Jul 8, 2009 9:06am
Quoting notch
I'm still long.
looks like its going up finally :|
  • #119,526
  • Jul 8, 2009 9:08am Jul 8, 2009 9:08am
Quoting MrTrendy
25mins to go til news......then hopefully this market will make its mind up....what a BORING day so far

In such a strange day , i will agree with trendy , 25 min not that much
  • #119,527
  • Jul 8, 2009 9:08am Jul 8, 2009 9:08am
Quoting MrTrendy
nearly 2:30 an PA @ volty on 5min....this is giving me the horn.....

It's your time!
  • #119,528
  • Jul 8, 2009 9:09am Jul 8, 2009 9:09am
Quoting nahman
looks like its going up finally :|

Well I'm out at 3950 regardless...I have had enough for one day.
  • #119,529
  • Jul 8, 2009 9:09am Jul 8, 2009 9:09am
Quoting klinckphilip
Im still in the trade also. So we didnt get alot of movement in the european markets. No problem most of it should happen between now and 3pm est
If you need to get out of your longs now would be good.
  • #119,530
  • Jul 8, 2009 9:10am Jul 8, 2009 9:10am
Quoting notch
It's your time!
I know mate, but its sit on hands again....will stay strong til after the news....got burned the other day trading half hour before med impact news and gave back days gains....never again!!

MT
  • #119,531
  • Jul 8, 2009 9:10am Jul 8, 2009 9:10am
paitent ...still keep the same long
  • #119,532
  • Jul 8, 2009 9:10am Jul 8, 2009 9:10am
Quoting klinckphilip
If you need to get out of your longs now would be good.
Could go down alittle before it goes up.
  • #119,533
  • Jul 8, 2009 9:14am Jul 8, 2009 9:14am
hi all
  • #119,534
  • Jul 8, 2009 9:16am Jul 8, 2009 9:16am
Quoting MrTrendy
25mins to go til news......then hopefully this market will make its mind up....what a BORING day so far
It effects CAD. So I don't think it will have something to do with EURUSD
  • #119,535
  • Jul 8, 2009 9:19am Jul 8, 2009 9:19am
Quoting MrTrendy
I know mate, but its sit on hands again....will stay strong til after the news....got burned the other day trading half hour before med impact news and gave back days gains....never again!!

MT

I'll trade through the Crude report no problem. But I would open new position just before it.
  • #119,536
  • Jul 8, 2009 9:22am Jul 8, 2009 9:22am
Quoting Togu
It effects CAD. So I don't think it will have something to do with EURUSD

My humble explanation is that if the oil inventory is less , high oil price , low usd value .

That's how it will affect , and correct me if I am wrong
  • #119,537
  • Jul 8, 2009 9:22am Jul 8, 2009 9:22am
Quoting Togu
It effects CAD. So I don't think it will have something to do with EURUSD
It affects EU indirectly through OIL and equities.
  • #119,538
  • Jul 8, 2009 9:22am Jul 8, 2009 9:22am
Quoting trading801
hi all
Hi , hope you fine . sitting with a long to test 1.3939 at least & then 1.3972 perhaps to begin short.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #119,539
  • Jul 8, 2009 9:23am Jul 8, 2009 9:23am
Quoting notch
I'll trade through the Crude report no problem. But I would open new position just before it.

long or short notch ?
  • #119,540
  • Jul 8, 2009 9:23am Jul 8, 2009 9:23am
Momentum seems to be picking up before the news. I'll go through the news myself, no worries.
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