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EURUSD

  • #170,341
  • Dec 9, 2009 2:46pm Dec 9, 2009 2:46pm
Quoting cloggie
No surprise there with the base rate kept the same.
Interesting to watch the market react to...well....nothing really!! Bollard has been saying for ages that the base rate won't change.....and it was reiterated yesterday. Today he announced that it won't change.....yet the market reacts!! Bizarre
Doing what you like is Freedom. Liking what you do is Happiness.
  • #170,342
  • Dec 9, 2009 2:48pm Dec 9, 2009 2:48pm
Quoting gatorinla
enjoy it. mule that shit fast dont shit long.




  • #170,343
  • Dec 9, 2009 2:52pm Dec 9, 2009 2:52pm
Quoting realjumper
Interesting to watch the market react to...well....nothing really!! Bollard has been saying for ages that the base rate won't change.....and it was reiterated yesterday. Today he announced that it won't change.....yet the market reacts!! Bizarre
For a commodities country like NZ in light of falling prices it shows confidence that the base rate is still at 2.5
  • #170,344
  • Dec 9, 2009 2:54pm Dec 9, 2009 2:54pm
Quoting realjumper
Interesting to watch the market react to...well....nothing really!! Bollard has been saying for ages that the base rate won't change.....and it was reiterated yesterday. Today he announced that it won't change.....yet the market reacts!! Bizarre
They shifted their tone from an end of the year move to possibly mid-year
  • #170,345
  • Dec 9, 2009 3:02pm Dec 9, 2009 3:02pm
Love it that trade worked 3 times, but I only caught twice.
We need more mules, more poop!
----- Dragonfly out in the sun you know what I mean, don't you know
  • #170,346
  • Dec 9, 2009 3:08pm Dec 9, 2009 3:08pm
heres one of my daily, I drew this a few days and it has worked pretty well....1.4800-14811 should cap any rallies...Im looking to short there again soon....
Attached Image (click to enlarge)
Click to Enlarge Name: current euro.jpg Size: 149 KB
  • #170,347
  • Dec 9, 2009 3:08pm Dec 9, 2009 3:08pm
Is there a doublebottom in the 30m and the 1H chart?
  • #170,348
  • Dec 9, 2009 3:08pm Dec 9, 2009 3:08pm
Quoting dstryr
a market correction up to 1.4850-1.4900.

Looks my long off the daily double bottom is working out fine for now. Took the same trade yesterday and got out at 1.4770. Lets see if we can get that high now. Easy pippin'


my gues would be at least 50% fib from this downfall, thats around 944

but as whe see divergence is being slowly destroyed on 1h and probably 4h also

so I whait

PS: would hawe also bought at 680 but missed. Tought had nice short from 744 til 680. Yesterdays long from 711 closed also at 744
  • #170,349
  • Dec 9, 2009 3:15pm Dec 9, 2009 3:15pm
Quoting jacksonfx
short at 1.4737 for quick scalp
my system said close it so i did at 4725
  • #170,350
  • Dec 9, 2009 3:16pm Dec 9, 2009 3:16pm
Quoting jacksonfx
my system said close it so i did at 4725
You probably could have hung on to it till about 71, but then I am not a scalper.
  • #170,351
  • Dec 9, 2009 3:17pm Dec 9, 2009 3:17pm
That long whas a stupid entry, I admit it. The worst part I was heavy on it.

General error - pulled trigger to early
  • #170,352
  • Dec 9, 2009 3:24pm Dec 9, 2009 3:24pm
Quoting cloggie
You probably could have hung on to it till about 71, but then I am not a scalper.
Thank you for yor advise.
I am more considering about time also.
  • #170,353
  • Dec 9, 2009 3:27pm Dec 9, 2009 3:27pm
Quoting jacksonfx
Thank you for yor advise.
I am more considering about time also.

If your system makes you money and tells you to exit a trade continue to do so, but look at where it goes from there and figure out how you could identify that. Don't use this forum as your strategy.
  • #170,354
  • Dec 9, 2009 3:36pm Dec 9, 2009 3:36pm
Quoting cloggie
If your system makes you money and tells you to exit a trade continue to do so, but look at where it goes from there and figure out how you could identify that. Don't use this forum as your strategy.
ok, master.

I am kicked out by his offensive comment.

bye bye~~~
  • #170,355
  • Dec 9, 2009 5:42pm Dec 9, 2009 5:42pm
what is on going?
  • #170,356
  • Dec 9, 2009 5:49pm Dec 9, 2009 5:49pm
/*^*
hang on to your bread......unless you want toast
  • #170,357
  • Dec 9, 2009 6:09pm Dec 9, 2009 6:09pm
Quoting Pln
what is on going?
jacksonfx left and broke the thread

I think we are going to retest the 4685 area one way or the other tonight/tomorrow, any other opinions?
  • #170,358
  • Dec 9, 2009 6:32pm Dec 9, 2009 6:32pm
One of the most boring trading days today.....
In Charts We Trust!
  • #170,359
  • Dec 9, 2009 6:38pm Dec 9, 2009 6:38pm
You know something's terribly Fudged Up when there's not even a slight retracement....
In Charts We Trust!
  • #170,360
  • Dec 9, 2009 6:40pm Dec 9, 2009 6:40pm
That's it, boys.. Cable is flying

AUD just spike 100 pips on unemployment data,

NZD hit 0.7250.. Back to BUSINESS as Usual..

Dollar has been bottomed.. Long USD, short Gold..
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