My bet is tomorrow market will open lower, if 10000 level is not
penetrated and hold in 2 hours and I don't think it's going to happen..
World wide Dollar hysteria continues, if this reverses, I bet Euro
will drop to $1.46 without even stopping, interesting to see..
I'll keep shorting.. Longs are on drugs.. IMHO
Cable Update (GBPUSD)
- #176,263
- Oct 14, 2009 1:21pm Oct 14, 2009 1:21pm
- | Joined Dec 2007 | Status: Trader | 3,220 Posts
I see the possible trade forming but I can't take it now, have to wait for the hour to close and some other...
I only trade XAU/USD. Based on USD news & Fib SR & BB20
- #176,264
- Oct 14, 2009 1:23pm Oct 14, 2009 1:23pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
, did I step on any tones here....
I said cheers to albchr(chris), as he was off for now. And as a figure of speech tx for the $$$ as he was on the otherside of my trade.
I never said I'm GOING SOUTH nor NORTH.
Please I'm not here for a scuffle but to trade and share the times in between.
MM
- #176,265
- Oct 14, 2009 1:23pm Oct 14, 2009 1:23pm
- | Commercial User | Joined May 2009 | 2,210 Posts
How soon is "soon"?
All 3 steps still active
- #176,268
- Oct 14, 2009 1:24pm Oct 14, 2009 1:24pm
- | Commercial User | Joined Jul 2009 | 5,375 Posts
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
- #176,269
- Oct 14, 2009 1:25pm Oct 14, 2009 1:25pm
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
Trade well what you see bro .... I just only scalp long and ... hit again + 8 pips before down !
MAGICAL!
w00t!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- #176,271
- Oct 14, 2009 1:29pm Oct 14, 2009 1:29pm
- Joined Apr 2008 | Status: Trader | 9,414 Posts
My sys got long signal @1.5790 "Green arrow on my chart"
As i said we going to 1.6040 from there if still strong.... we could see 1.6177
For me waiting to short because i lost entry for long so my rule no chase wait for short
Watching the level i mention still expecting up move
- #176,272
- Oct 14, 2009 1:30pm Oct 14, 2009 1:30pm
- | Membership Revoked | Joined Aug 2006 | 11,977 Posts
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
- #176,274
- Oct 14, 2009 1:31pm Oct 14, 2009 1:31pm
- | Commercial User | Joined Jul 2009 | 5,375 Posts
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
- #176,275
- Oct 14, 2009 1:33pm Oct 14, 2009 1:33pm
- Joined Jun 2008 | Status: Trader | 1,739 Posts
That was then.. I closed my longs.. Nothing can go 1 way all the time..
Hey, I maybe wrong, But I'd like to see some Dollar kick..
Even dead cats are bounce from time to time..
P.S Did you see how EURO hit almost 1.4950 and now at 1.49?
I think something going to happened overnight. Never underestimate
power of US FED. BTW.. Just a thoughts, - nothing else..
Sentiment against the dollar is indeed starting to feel stretched in the short-term, although I am not ready to long the currency quite yet.Hmmm... "power of the US FED" But they want a weaker dollar, that's very obvious, particularly with Kohn's dovish comments from yesterday. Why wouldn't they want a weaker currency, with the 10y and 30y treasuries yielding 3.42% and 4.26%, respectively?
I saw the move in EURUSD, but we need to wait a bit more time for the market to settle down from the initial swings following such a news event as FOMC minutes, which were slightly bearish for the greenback.
- #176,277
- Oct 14, 2009 1:34pm Oct 14, 2009 1:34pm
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- #176,278
- Oct 14, 2009 1:40pm Oct 14, 2009 1:40pm
- | Commercial User | Joined Jul 2009 | 5,375 Posts
I saw the move in EURUSD, but we need to wait a bit more time for the market to settle down from the initial swings following such a news event as FOMC minutes, which were slightly bearish for the greenback.
I hope, I don't disturb, you guys,too much..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
- #176,279
- Oct 14, 2009 1:47pm Oct 14, 2009 1:47pm
- Joined Apr 2008 | Status: Trader | 9,414 Posts
We're all entitled to change our views as new facts or perceptions emerge. That is a positive trait for a trader, I believe.
Hmmm... "power of the US FED" But they want a weaker dollar, that's very obvious, particularly with Kohn's dovish comments from yesterday. Why wouldn't they want a weaker currency, with the 10y and 30y treasuries yielding 3.42% and 4.26%, respectively?
I saw the...
That how they see it
Not mine
- #176,280
- Oct 14, 2009 1:55pm Oct 14, 2009 1:55pm
- Joined Jun 2008 | Status: Trader | 1,739 Posts
Thanks for your post, Weaker us$ = More exporting more investment at usa stock and downJ go up =Recovery & Balance THEN us$ reverse from weaker to strong
That how they see it
The "balance" part you mention is many years away, unfortunately, as the imbalances that exist between surplus and deficit nations are just so wide.