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  • #246,441
  • May 21, 2010 11:07am May 21, 2010 11:07am
Quoting edisoname
bull confirmed ? anyone long now ?
Can't be sure yet i think.
  • #246,442
  • May 21, 2010 11:09am May 21, 2010 11:09am
Quoting edisoname
bull confirmed ?
Nah. This is ping-pong in small range at top.

Dow is up but seems hard to get through.

Everytime gbp/usd or eur/usd breakout upside is tried, playing with usd/chf and eur/gbp starts so its get as tricky as possible not to break through
They think they are smarter than I am.
  • #246,443
  • May 21, 2010 11:10am May 21, 2010 11:10am
Quoting Carnegie
Gator, shouldn't we buy? Every dip seems to be bought since London opened..
i dont know.. best time to but was near the 50% fib at 2133
the trend is down.. the only place im buying at is there.
i don't recommend any buying atm.. but im not a scalper.. fonto would be the one to ask..
those who can, do. those who cant, talk about those who can
  • #246,444
  • May 21, 2010 11:11am May 21, 2010 11:11am
If it would break north by another 20 points it would set a new high for the last several hours.
Capital Preservation is key to long term wealth accumulation
  • #246,445
  • May 21, 2010 11:13am May 21, 2010 11:13am
FXE (euro ETF) Now around $125.4
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  • #246,446
  • May 21, 2010 11:19am May 21, 2010 11:19am
Quoting fxswing
here is "the sure" thing unfolding
I knew this was coming and was waiting for it. I just couldt take watching my charts with this ranging BS PA sorry my crumpy words here but I cant trade like this.

I wish the market is closed already so I can get finally drunk. The week was ok sort of atm if I close my hedged positions I am in a loss of 23 pips for the whole weekone tiny stupid mistake whipped my whole earnings out and a little more. Had double the amount of contract on then I wanted got slipped badly and hedged to late hahaha man complete newbie mistakes. It is not going to hurt my account, but my ego and I think sometimes thats worse then loosing money or trades.
My stance is still the same buy above 2600 sell below 2500 this range SUCKS....
Trade on your own risk Plan your trade&trade your plan dont be a
  • #246,447
  • May 21, 2010 11:19am May 21, 2010 11:19am
looks like its going no where
  • #246,448
  • May 21, 2010 11:20am May 21, 2010 11:20am
Lets go already...
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Every time you use 'hopium' in a post, God kills a kitten.
  • #246,449
  • May 21, 2010 11:22am May 21, 2010 11:22am
Quoting Trading Cat
I knew this was coming and was waiting for it. I just couldt take watching my charts with this ranging BS PA sorry my crumpy words here but I cant trade like this.

I wish the market is closed already so I can get finally drunk. The week was ok sort of atm if I close my hedged positions I am in a loss of 23 pips for the whole weekone tiny stupid mistake whipped my whole earnings out and a little more. Had double the amount of contract on then I wanted got slipped badly and hedged to late hahaha man complete newbie mistakes. It is not going...
I'm with u cat lets get drunk this Friday sucks, have elready lost yesterdays profit.
  • #246,450
  • May 21, 2010 11:25am May 21, 2010 11:25am
Quoting Trading Cat
I knew this was coming and was waiting for it. I just couldt take watching my charts with this ranging BS PA sorry my crumpy words here but I cant trade like this.

I wish the market is closed already so I can get finally drunk. The week was ok sort of atm if I close my hedged positions I am in a loss of 23 pips for the whole weekone tiny stupid mistake whipped my whole earnings out and a little more. Had double the amount of contract on then I wanted got slipped badly and hedged to late hahaha man complete newbie mistakes. It is not going...
Option-ex week (specially Thursdays and Fridays), are always choppy.
Maneuverings are in play.
  • #246,451
  • May 21, 2010 11:28am May 21, 2010 11:28am
Quoting giaspyr
I'm with u cat lets get drunk this Friday sucks, have elready lost yesterdays profit.
that sucks mate, but sadly its part of the business... next hr could get interesting as yesterday they started to intervene just at that time... after that I will leave my hedge open over the weekend and get drunk. Count down 1 1/2hrs till BEER
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Trade on your own risk Plan your trade&trade your plan dont be a
  • #246,452
  • May 21, 2010 11:29am May 21, 2010 11:29am
(Dow Jones)-- "With massive anti-euro bets, called shorts, already in place, "new shorts are probably in short supply,"
said Geoffrey Yu, currency strategist at UBS in London. This is helping keep the euro propped even as problems of
sovereign debt and dim growth prospects weigh on the common currency.

The euro could rally to around $1.2730 based on investors unwinding their bets against the common currency,
BNP Paribas analysts said, before the euro-zone's problems conspire to sink the common currency back toward $1.2135.

For now, the euro is enjoying some support from Germany's parliament on Friday approving the country's contribution
of up to EUR147.6 billion to a massive EUR750 billion bailout from European Union countries and the International Monetary Fund for euro-zone states on the verge of a default.

The vote comes after Germany, in a surprise move, banned so-called naked short-selling of shares in 10 leading
German financial institutions and in euro government bonds, as of midnight Tuesday."
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Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #246,453
  • May 21, 2010 11:30am May 21, 2010 11:30am
Quoting AlexC
Option-ex week (specially Thursdays and Fridays), are always choppy.
Maneuverings are in play.
thats no problem I did the mistake not the market, I am not angry with the market appart from the current range which I am not trading thats fine... next week we will get out of this pissy range
Trade on your own risk Plan your trade&trade your plan dont be a
  • #246,454
  • May 21, 2010 11:31am May 21, 2010 11:31am
Quoting Trading Cat
next hr could get interesting as yesterday they started to intervene just at that time...
Today they not gonna do it.. What for? It's going up without it..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #246,455
  • May 21, 2010 11:33am May 21, 2010 11:33am
Quoting SkyzerFX
(Dow Jones)-- "With massive anti-euro bets, called shorts, already in place, "new shorts are probably in short supply,"
said Geoffrey Yu, currency strategist at UBS in London. This is helping keep the euro propped even as problems of
sovereign debt and dim growth prospects weigh on the common currency.
For my money, most currency strategists are no better than Jim Cramer is at picking stocks.
Every time you use 'hopium' in a post, God kills a kitten.
  • #246,456
  • May 21, 2010 11:33am May 21, 2010 11:33am
Quoting mercy seat
As I can see - they favor the long side - according to their so-called "DAILY STANCE" as it is as follows :


Break above 1.26 targets 1.2650, then 1.2750 resistance area, Support now firm at 1.2440 zone...


they say !



say captain - say wot

Just a short thought I wanted to express one more time again.

We have "TRIPPLE WITCHING DAY" and a long week-end is looming there.

Also bitte bedenken.

I have closed my books for today. And I never need surprises after week-ends. JP Morgan thinks it is going up once more again as well.

Die Schlechte Laune sei unbegründet und völlig überzogen - they say...

Remember : When night is at its darkest - the next morning will coming soon.

Hope without head aches !




palimpalim
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #246,457
  • May 21, 2010 11:34am May 21, 2010 11:34am
Close but no cigar
http://www.vevo.com/watch/weird-al-y...r/USZM20600195
  • #246,458
  • May 21, 2010 11:36am May 21, 2010 11:36am
Quoting gatorinla
i may be wrong but its friday.. Many are licking their wounds on oil contracts..fat finger and other bs,,,,, many weak eu shorts were raped... So we may drift up as many close positions. Afraid to hold positions over the weekend. Creating a eu buy before close.. Might start now before europe close in 20m... Then again it may not.. But it may be the best selling time for bears to get the better price just before close for weekend.

that was purfect! No pun intended regarding the drunk kitty
  • #246,459
  • May 21, 2010 11:38am May 21, 2010 11:38am
Quoting mercy seat
Just a short thought I wanted to express one more time again.

We have "TRIPPLE WITCHING DAY" and a long week-end is looming there.

Also bitte bedenken.

I have closed my books for today. And I never need surprises after week-ends. JP Morgan thinks it is going up once more again as well.

Die Schlechte Laune sei unbegründet und völlig überzogen - they say...

Remember : When night is at its darkest - the next morning will coming soon.

Hope without head aches !



alimpalim
hahahha dreifacher hexen sabat ich hasse hin immer das gleiche, abwohl wenn ich DAX gemacht hätte wäre meine stimmung besser.
Well really need to start trading both DAX and €$ its just not enough for me one thing as when one is like today you can switch to the other and even better 2 different strategies and not always correlated.
Bingo
will get my futures material out and read it just to refresh then Tuesday when markets open again go for both...
Schönes Wochenende,
bis denne auf Malta ist Montag kein Feiertag und in FX sowieso nicht
Tschau
Trade on your own risk Plan your trade&trade your plan dont be a
  • #246,460
  • May 21, 2010 11:41am May 21, 2010 11:41am
Quoting profxtrader
For my money, most currency strategists are no better than Jim Cramer is at picking stocks.
Well I'm not arguing about that.. I Have to buy it to protect my shorts

If I leave that much without hedge, I'll be down some figures..

Now I have to figure out how get out of my mess here 14 longs 14 shorts

all caused by 2 days internet connection interruption, if not that, I will

be fine.. I cannot scalp now as well, because it's all balanced will wait

till Monday..
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