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EURUSD

  • #200,821
  • Feb 23, 2010 3:39am Feb 23, 2010 3:39am
Quoting EasyTrader
I'm going short on the EURGBP @ 0.8825
very nice kick off on the USD....so short doesnt seem like a bad play for now.

I am targeting EUR - 1.3350 ish in the next day or two.....

Just hope this 'inverse head and shoulders' doesn't play out, that will hurt us shorters.
  • #200,822
  • Feb 23, 2010 3:40am Feb 23, 2010 3:40am
Quoting Trading Cat
please let us know way beforehand so I can go short on everything
haha yeah!!!
well taliban is trying to take control of pak and it has taken most of the rural places... if that happens, taliban has openly said
" we want to make pakistan an islamic republic and then drestory india "
so if you ever hear ISLAMIC REPUBLIC OF PAK.. SHORT!
  • #200,823
  • Feb 23, 2010 3:42am Feb 23, 2010 3:42am
Quoting $maker
3635 was my tp..and the bitch came down till 3638 and went back up... blah
Patience patience
COT: The precious data ignored
  • #200,824
  • Feb 23, 2010 3:42am Feb 23, 2010 3:42am
an h1 close under 3630... 3600 surely... a few hiccups at 364 and 3635
  • #200,825
  • Feb 23, 2010 3:44am Feb 23, 2010 3:44am

  1. Recovery is fragile
  2. Risks to MPC’s central view of gradual recovery remain to downside
  3. Recovery in UK’s largest export markets appears to have stalled
  4. High savings countries must expand domestic demand
  5. Financial market conditions continue to improve
  6. While CPI to remain high in coming months, more likely than not to fall below target in H2
  7. Serious challenges facing economy include reducing fiscal deficit
  8. UK not at greater risk of rating downgrade than in November. UK very different from Greece
  9. UK has own currency which gives greater room for manoeuvre
  10. Maturity of UK public debt longer than other European countries
  11. Effects of QE will continue to provide substantial boost to money spending
  12. Output in UK still benefitting from 2007, 2008 sterling fall
  13. VAT rise, cold weather, stock cycle mean data to be volatile over coming months
  14. We do have have a very large fiscal deficit yet to tackle
  15. Rating agencies bound to remain “somewhat uncertain” until deficit tackled. Would be immensely surprised if rating agencies downgraded UK

credit to forexlive.com
no I'm not one of the staffs.

Manage your risk accordingly and you're half done your home work.
  • #200,826
  • Feb 23, 2010 3:44am Feb 23, 2010 3:44am
Quoting The Fool
King says bad words, sterling drops a bunch, euro tags along
LONDON, Feb 23 (Reuters) - The euro pared some gains against the dollar on Tuesday after a closely-watched German sentiment survey came in below forecasts.
The Ifo business climate index fell to 95.2 in February from 95.8 in January, compared with forecasts for a rise to 96.1. See [ID:nBAE003734]
The euro fell 25 ticks against the dollar after the release of the data to around $1.3660, though it was still up around half a percent on the day.
those who can, do. those who cant, talk about those who can
  • #200,827
  • Feb 23, 2010 3:44am Feb 23, 2010 3:44am
Quoting The Fool
oy, where women glow and men chunder (whatever thefuck that means)
chunder means vomit, thats what happens after all the beer we drink
BTC Return This Year: na
  • #200,828
  • Feb 23, 2010 3:49am Feb 23, 2010 3:49am
Quoting M.A.C.Doug
chunder means vomit, thats what happens after all the beer we drink
Nah, it's the quality of beer you drink, not the quantity!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #200,829
  • Feb 23, 2010 3:50am Feb 23, 2010 3:50am
Quoting realjumper
Nah, it's the quality of beer you drink, not the quantity!!
hey I love aussi beer
Trade on your own risk Plan your trade&trade your plan dont be a
  • #200,830
  • Feb 23, 2010 3:51am Feb 23, 2010 3:51am
Quoting Trading Cat
ok found a new one just came over the ticker.... enjoy
they miss a lot of the trades.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #200,831
  • Feb 23, 2010 3:52am Feb 23, 2010 3:52am
Quoting realjumper
Nah, it's the quality of beer you drink, not the quantity!!
sorry couldn't read that...im on my 18th beer since lunch!!!

Makes it HaRd To TyPe on a qwerty keyboard
  • #200,832
  • Feb 23, 2010 3:54am Feb 23, 2010 3:54am
I'm beginning to believe that many participants in this thread are hard doped , to say all the crap they say. As if they understood something of economics fundamental .To these guys , I want say, try to bring home a few pips, so you might be able to pay the rent of the house, without making so many mental masturbation.
The best thing that can happen to you is to find out where you're wrong.
  • #200,833
  • Feb 23, 2010 3:55am Feb 23, 2010 3:55am
King just killed the pound.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #200,834
  • Feb 23, 2010 3:55am Feb 23, 2010 3:55am
Quoting Driver55
I'm beginning to believe that many participants in this thread are hard doped , to say all the crap they say. As if they understood something of economics fundamental To these gys , I want say try to bring home a few pips, so you might be able to pay the rent of the house, without making so many mental masturbation.

lol....you realize that now ?
COT: The precious data ignored
  • #200,835
  • Feb 23, 2010 3:57am Feb 23, 2010 3:57am
Quoting kuroro001
You didn't even need the news to tell you something went wrong....huge vol appeared on huge up bar and then nothing......there were probably more sellers than buyers on this upbar....

Good luck longs & shorts

At the moment, there are still more buyers in EU and AU. The same cannot be said for GU where the ratio of sellers to buyers is a whopping 10:1
  • #200,836
  • Feb 23, 2010 3:58am Feb 23, 2010 3:58am
Quoting Driver55
I'm beginning to believe that many participants in this thread are hard doped , to say all the crap they say. As if they understood something of economics fundamental .To these guys , I want say, try to bring home a few pips, so you might be able to pay the rent of the house, without making so many mental masturbation.
Nobody is born an expert......
Doing what you like is Freedom. Liking what you do is Happiness.
  • #200,837
  • Feb 23, 2010 3:59am Feb 23, 2010 3:59am
Quoting Bydyke
At the moment, there are still more buyers in EU and AU. The same cannot be said for GU where the ratio of sellers to buyers is a whopping 10:1
EU will follow GU ....but i can't say the same for AU...i don't like that pair it's always bullish!
COT: The precious data ignored
  • #200,838
  • Feb 23, 2010 3:59am Feb 23, 2010 3:59am
im getting the feeling that 3640/42 is where the h1 will close.. and confuse me
  • #200,839
  • Feb 23, 2010 4:00am Feb 23, 2010 4:00am
Quoting $maker
im getting the feeling that 3640/42 is where the h1 will close.. and confuse me
And i believe the next tp is 1.3580...
COT: The precious data ignored
  • #200,840
  • Feb 23, 2010 4:00am Feb 23, 2010 4:00am
Quoting Bydyke
At the moment, there are still more buyers in EU and AU. The same cannot be said for GU where the ratio of sellers to buyers is a whopping 10:1
I'm lost. Why is the pound taking a beat?
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