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  • #194,961
  • Feb 12, 2010 4:26am Feb 12, 2010 4:26am
EURO-DOLLAR: One trader confirms bids at $1.3520, adds that decent
demand seen in the area between $1.3520/10. Doesn't mention if linked to
the much reported large RKO at $1.3500 which is due to roll off today.
Another barrier noted at $1.3550 (also expires at $1.3550) with
protective buying ahead currently seen keeping rate buoyed above, one
trader says.

Provided by: Market News International
Trade on your own risk Plan your trade&trade your plan dont be a
  • #194,962
  • Feb 12, 2010 4:27am Feb 12, 2010 4:27am
Saxo Bank - 10:27
The People’s Bank of China raises bank reserve requirements by 0.5 percentage points. In broad terms this is negative for risk, both EURUSD and CABLE reacted negative on the news. DAX, FTSE100 and S&P 500 traded down on the news as well and got an extra push from the Eurozone GDP figure that came out below consensus.
Trade on your own risk Plan your trade&trade your plan dont be a
  • #194,963
  • Feb 12, 2010 4:29am Feb 12, 2010 4:29am
read my lips.. the fuckin sky is falling..
those who can, do. those who cant, talk about those who can
  • #194,964
  • Feb 12, 2010 4:30am Feb 12, 2010 4:30am
anybody see a bounce??? at what point?
  • #194,965
  • Feb 12, 2010 4:31am Feb 12, 2010 4:31am
Quoting Trading Cat
EURO-DOLLAR: One trader confirms bids at $1.3520, adds that decent
demand seen in the area between $1.3520/10. Doesn't mention if linked to
the much reported large RKO at $1.3500 which is due to roll off today.
Another barrier noted at $1.3550 (also expires at $1.3550) with
protective buying ahead currently seen keeping rate buoyed above, one
trader says.

Provided by: Market News International

1.3515 is a 61.8% retracement so it should pause there.....

for a while
  • #194,966
  • Feb 12, 2010 4:34am Feb 12, 2010 4:34am
3539 is M1 support, the projected low of todays trading range - should struggle a little taking this out - Im taking some profit and tightening stops
BTC Return This Year: na
  • #194,967
  • Feb 12, 2010 4:34am Feb 12, 2010 4:34am
Quoting gatorinla
read my lips.. the fuckin sky is falling..
ur 46 number was good I was just to slow would have been a nice scalp. Well I still believe that we will retest 1.3583 or at least 73.
And thanks for the ass chart will keep in in mind.
Trade on your own risk Plan your trade&trade your plan dont be a
  • #194,968
  • Feb 12, 2010 4:35am Feb 12, 2010 4:35am
Big Dog just needs to back up & drink a few more cans of Whoop Ass
"If The Fool persists in his Folly he will become wise." - William Blake
  • #194,969
  • Feb 12, 2010 4:37am Feb 12, 2010 4:37am
Leaving a 1.3550 with 96 pips in pocket... ... and going to be...itīs 5:30 am here in Lima Peru... and good day for your smart opinion
... All good things come to those who wait...
  • #194,970
  • Feb 12, 2010 4:40am Feb 12, 2010 4:40am
.
Attached Image (click to enlarge)
Click to Enlarge Name: 120210saxo.JPG Size: 77 KB
Trade on your own risk Plan your trade&trade your plan dont be a
  • #194,971
  • Feb 12, 2010 4:41am Feb 12, 2010 4:41am
Did anyone know of the Chinese MPC meeting??!?

I couldnt find it on any of the economic calendars. Seems strange considering the size of the Chinese economy. I just lost 50pips (combined) on 2 trades.

I dont ever trade on a Friday. Now I know why. Too much news being released. Market is very volatile.

Im having a very very bad start to my new year. Down 20% on equity.

This market is not good for a counter-trend trader.

Anyone else getting kicked in the teeth?
  • #194,972
  • Feb 12, 2010 4:46am Feb 12, 2010 4:46am
took in more pips +60 of 2 trades, now shorted again
shorts"
E/U 3565 TP 3515 no SL
A/U 8803 TP 8760 no SL

My TP are subject to changes depending on gold and US Open.
  • #194,973
  • Feb 12, 2010 4:47am Feb 12, 2010 4:47am
Quoting kilalik
took in more pips +60 of 2 trades, now shorted again
shorts"
E/U 3565 TP 3515 no SL
A/U 8803 TP 8760 no SL
I took the same EU trade.
  • #194,974
  • Feb 12, 2010 4:48am Feb 12, 2010 4:48am
armageddon?

Attached Image


Quoting gatorinla
read my lips.. the fuckin sky is falling..
Manage your risk accordingly and you're half done your home work.
  • #194,975
  • Feb 12, 2010 4:49am Feb 12, 2010 4:49am
Quoting 4exJunki
Did anyone know of the Chinese MPC meeting??!?

I couldnt find it on any of the economic calendars. Seems strange considering the size of the Chinese economy. I just lost 50pips (combined) on 2 trades.

I dont ever trade on a Friday. Now I know why. Too much news being released. Market is very volatile.

Im having a very very bad start to my new year. Down 20% on equity.

This market is not good for a counter-trend trader.

Anyone else getting kicked in the teeth?
Not expected, not on any calendar. They just closed for the week-long holiday. Total shocker.
  • #194,976
  • Feb 12, 2010 4:49am Feb 12, 2010 4:49am
Quoting ZeroPip
Leaving a 1.3550 with 96 pips in pocket... ... and going to be...itīs 5:30 am here in Lima Peru... and good day for your smart opinion
Perfect
Doing what you like is Freedom. Liking what you do is Happiness.
  • #194,977
  • Feb 12, 2010 4:51am Feb 12, 2010 4:51am
Quoting gatorinla
let it bounce get some more.. use the levels in the chart..
Tks for the advice man...I closed it cause it was a trade for 10% of my account...big trade for me Gator. Before I take more risks I'll grow my account and let the profits run with profit money. I'll keep in mind your words for the next weeks trades
  • #194,978
  • Feb 12, 2010 4:52am Feb 12, 2010 4:52am
Quoting personalme
armageddon?

Attachment

LOLOL! Nice.
  • #194,979
  • Edited 5:51am Feb 12, 2010 4:54am | Edited 5:51am
a little congestion.. cb more then likely still braking..
Attached Image(s) (click to enlarge)
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those who can, do. those who cant, talk about those who can
  • #194,980
  • Feb 12, 2010 4:58am Feb 12, 2010 4:58am
Quoting Gary Deduke
Not expected, not on any calendar. They just closed for the week-long holiday. Total shocker.

I am getting really tired of all these shockers in the market. Rumours, unpublished mpc decision dates.

I just wish i didnt trade this morning. I could have finished my 1st positive week in 2 weeks.

I hate these surprises. *yawn*
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