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  • #168,181
  • Dec 3, 2009 8:00am Dec 3, 2009 8:00am
Man, PA seems a bit touchy this morning! (US morning). Will consider a new dip long near 5040, would much prefer sub 1.5000. We'll see what Mr. PA has to offer.
  • #168,182
  • Dec 3, 2009 8:01am Dec 3, 2009 8:01am
Quoting cloggie
Trichet: "we have a very important stake for the USD to be strong and are looking carefully at the relation between the EUR and USD"
To Mr. Trichet:

Holy obvious, Batman!
  • #168,183
  • Dec 3, 2009 8:03am Dec 3, 2009 8:03am
I guess he wasn't dovish
  • #168,184
  • Dec 3, 2009 8:04am Dec 3, 2009 8:04am
Quoting 2+2=4ex
I guess he wasn't dovish
nope, he even quoted BB, could not get more hawkish; let's see how the big boys respond. The message was in 3 parts, no futher liquidity, base rate is correct (he must have confirmed that 5 times), a strong USD is important.

All wishful thinking as he is in no position to do anything about it.
  • #168,185
  • Dec 3, 2009 8:13am Dec 3, 2009 8:13am
Is the stop-hunting conference, sorry I meant, press statement over yet?
  • #168,186
  • Dec 3, 2009 8:15am Dec 3, 2009 8:15am
Quoting saprasa
I do not see any reason to be long gbp... whether here or 20 pips higher... this is a short for a move to 1.627.
still keeping an eye on 66, PA is materialising into a long. Sorry for thread drift.
  • #168,187
  • Dec 3, 2009 8:20am Dec 3, 2009 8:20am
Traditionally the Dollar weakens in December or has done so in nine of the last ten years. The hawkish rhetoric of Mr T would suggest that this December is going to be no exception.
  • #168,188
  • Dec 3, 2009 8:25am Dec 3, 2009 8:25am
gold dove for a minute there....currently rebounding
  • #168,189
  • Dec 3, 2009 8:28am Dec 3, 2009 8:28am
I've sold at 1,545 ... mam I'm happy
  • #168,190
  • Dec 3, 2009 8:29am Dec 3, 2009 8:29am
END of Webcast
  • #168,191
  • Dec 3, 2009 8:30am Dec 3, 2009 8:30am
Be careful
All that is left in FF is just plain garbage. "Cloggie"
  • #168,192
  • Dec 3, 2009 8:31am Dec 3, 2009 8:31am
Quoting Warwick
Is the stop-hunting conference, sorry I meant, press statement over yet?
Nice, very nice. Thats exactly what it is.. Price Broke daily R1 at 1.5126, triggered more buy orders then plunged 66 pips so far..lol

forexnetworth
www.forexnetworth.blogspot.com
  • #168,193
  • Dec 3, 2009 8:33am Dec 3, 2009 8:33am
Quite a good profit, so far today, have to wait and see where it is going to sort itself out next, until then I will remain flat.
Attached Image (click to enlarge)
Click to Enlarge Name: SL hit 15min Dec 3rd.png Size: 170 KB
Good Trading. (keep it simple).
  • #168,194
  • Dec 3, 2009 8:36am Dec 3, 2009 8:36am
So what is next? Up or down? Seems like trying to up again... Euro/usd.
  • #168,195
  • Dec 3, 2009 8:37am Dec 3, 2009 8:37am
ufff... today is not my day
  • #168,196
  • Dec 3, 2009 8:41am Dec 3, 2009 8:41am
I've closed position at 1,5070 (70pips) and now waiting for ISM data and FED
  • #168,197
  • Dec 3, 2009 8:44am Dec 3, 2009 8:44am
Gonna wait for under 1.5140 to possibly go long.
  • #168,198
  • Dec 3, 2009 8:45am Dec 3, 2009 8:45am
I'm waiting for short we'll see
  • #168,199
  • Edited 8:50am Dec 3, 2009 8:49am | Edited 8:50am
Quoting jacksonfx
short at 1.5090 SL 1.5150 TP 1.5050
my system told to close it when I was sleeping but did't reach to SL.
5min ago i close it at 1.5070
  • #168,200
  • Dec 3, 2009 8:51am Dec 3, 2009 8:51am
Quoting 2+2=4ex
Gonna wait for under 1.5140 to possibly go long.
theres some massive seller obviously strong protecting 5150 right now...might be tough, may take a few tries to break that
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