what ever you think now think the opposite. tempting to go short but it might just shoot up.
- #122,162
- Jul 16, 2009 6:38am Jul 16, 2009 6:38am
- Joined Nov 2008 | Status: fx indices commodities | 4,145 Posts
rat
- #122,168
- Jul 16, 2009 6:46am Jul 16, 2009 6:46am
- | Joined May 2009 | Status: Fight until we die | 1,114 Posts
been longing to ask but feeling shy..err..what is BE..?
BE = Break Even - might wanna take a look at the thread in the beginner section for annotations.
- #122,170
- Jul 16, 2009 6:47am Jul 16, 2009 6:47am
- | Joined May 2009 | Status: Fight until we die | 1,114 Posts
- #122,171
- Jul 16, 2009 6:50am Jul 16, 2009 6:50am
- Joined May 2009 | Status: User of Geppy patience pills | 7,645 Posts
Don't be a hero. Don't have an ego. Always question yourself
- #122,175
- Jul 16, 2009 6:55am Jul 16, 2009 6:55am
- | Joined Aug 2006 | Status: Trader | 1,355 Posts
No it did not (FXCM), had 1 pip reserve, how can I prove it?
Getting it right is NOT as important as not getting it wrong.
- #122,177
- Jul 16, 2009 6:58am Jul 16, 2009 6:58am
- | Joined May 2009 | Status: Fight until we die | 1,114 Posts
We'll see if the broken trendline will now act as support. But news are coming fast and the price might ignore these S and R's...
. Trading such a big TL break-out would not be fun ifit was that easy.[EDIT] So far the big money are reluctant to show up and probably will not do it until after the news hence the brokers might use this low liquidity to run some stops. And we all know where the stops lie: 4070 - 4060 should be a good area to hunt.
- #122,178
- Jul 16, 2009 6:58am Jul 16, 2009 6:58am
- Joined May 2009 | Status: User of Geppy patience pills | 7,645 Posts
You don't have to prove anything, the money is yours
Don't be a hero. Don't have an ego. Always question yourself
- #122,179
- Edited 7:06am Jul 16, 2009 7:03am | Edited 7:06am
- | Joined Aug 2006 | Status: Trader | 1,355 Posts
With the earnings season going well, why would we change direction ?
Medias will spin the news ad nauseam.
Lemmings will probably keep piling on.
So much for the "green shoots"
Perhaps we'll have more consolidation in the 4100-4150 range, now.
We still have Google and IBM tonight after the US close.
And tomorrow before the US open we'll have, Bank of America, Citigroup, General electric, Mattel. ( smelling the potential pump and dump
)
We still have data later today to derail this thing, but it's better be spectacular, or we'll just continue in this direction... imho
Now that it's starting to become obvious, it's time to activate the paranoia mode, and search to sell to the new bulls into the next pushes...
Medias will spin the news ad nauseam.
Lemmings will probably keep piling on.
So much for the "green shoots"
Perhaps we'll have more consolidation in the 4100-4150 range, now.
We still have Google and IBM tonight after the US close.
And tomorrow before the US open we'll have, Bank of America, Citigroup, General electric, Mattel. ( smelling the potential pump and dump
)We still have data later today to derail this thing, but it's better be spectacular, or we'll just continue in this direction... imho
Now that it's starting to become obvious, it's time to activate the paranoia mode, and search to sell to the new bulls into the next pushes...
Getting it right is NOT as important as not getting it wrong.
- #122,180
- Jul 16, 2009 7:05am Jul 16, 2009 7:05am
- | Joined May 2009 | Status: Fight until we die | 1,114 Posts