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  • #251,561
  • Jun 2, 2010 7:07am Jun 2, 2010 7:07am
Good pending home sales numbers and thats what happens?
  • #251,562
  • Jun 2, 2010 7:07am Jun 2, 2010 7:07am
Bull showing strength
Is it ECB support?
You cannot learn better without losing
  • #251,563
  • Jun 2, 2010 7:08am Jun 2, 2010 7:08am
Quoting Z3iz3i
These + pending home sales might spark rally up meaning US economy is recovering and boosts risk taking.

But its mixed and messy...
markets are not responding.. they fear that the same will happen as yesterday. Good numbers, fake rally
  • #251,564
  • Jun 2, 2010 7:09am Jun 2, 2010 7:09am
Quoting Mr J
Why would they want to buy a currency that fairs poorly in tough economic conditions?
I'm not saying they keep the currency - they exchange it for gold.
I believe gold fairs quite well in tough economic conditions.

Clearly they aren't buying AUD from the reports, but surely the Australian gold mines would accept AUD for their gold.
  • #251,565
  • Jun 2, 2010 7:09am Jun 2, 2010 7:09am
Quoting black mamba
When is Iran gonna sell euros?
Iran won't sell all their Eur's at once. Most likely, their scale down there Eur exposure over time. It could be over a few weeks or a few months.
  • #251,566
  • Jun 2, 2010 7:09am Jun 2, 2010 7:09am
Quoting TudorJonesJR
markets are not responding.. they fear that the same will happen as yesterday. Good numbers, fake rally
Oh yeah, might be that. Some move on eur/chf, i dont like that crap...
They think they are smarter than I am.
  • #251,567
  • Jun 2, 2010 7:12am Jun 2, 2010 7:12am
Quoting Z3iz3i
These + pending home sales might spark rally up meaning US economy is recovering and boosts risk taking.

But its mixed and messy...
This home sales data can be misleading.......its not like home sales are going up due to people being able to afford new homes and getting credit they need......

its the opposite----people are selling their homes bc they cant AFFORD to live there anymore....people gettin laid off, utility bills going up, healthcare rising(lol so what happened to this universal health care that was supposed to be so cheap, ROTFFLMAO!), food prices rising, people still cant afford the lifestyle they desire to live in the US. This BS tax credit was only one of those real small bandaids that, you know, fall off real easily....watch the housing market continue to deteriorate over the summer months.
  • #251,568
  • Jun 2, 2010 7:12am Jun 2, 2010 7:12am
never trust what you read and see... Just trust you sistem.. and happy piping i'm long GU 1.4570 tp 1.4750 sl 1.4500 and out EU

hope it work
  • #251,569
  • Jun 2, 2010 7:14am Jun 2, 2010 7:14am
im selling again

why wont this thing move

its boring me bad

havnt lost anything thou

buty man boring stuff move already
  • #251,570
  • Jun 2, 2010 7:14am Jun 2, 2010 7:14am
Quoting mfoste1
This home sales data can be misleading.......its not like home sales are going up due to people being able to afford new homes and getting credit they need......

its the opposite----people are selling their homes bc they cant AFFORD to live there anymore....people gettin laid off, utility bills going up, healthcare rising(lol so what happened to this universal health care that was supposed to be so cheap, ROTFFLMAO!), food prices rising, people still cant afford the lifestyle they desire to live in the US.
I would love to see a fake rally and go along and then late in NY session bang this crap through the floor
They think they are smarter than I am.
  • #251,571
  • Jun 2, 2010 7:16am Jun 2, 2010 7:16am
@Z3iz3i: Are you invested ? took small position long Gbp/Usd and Eur/Cad.

Eur/Usd is freakin me. I think short term trading is almost impossible right now (timeframe 2 hours).
Do you took short yesterday on Gbp/USD ?
  • #251,572
  • Jun 2, 2010 7:18am Jun 2, 2010 7:18am
Quoting Z3iz3i
I would love to see a fake rally and go along and then late in NY session bang this crap through the floor
lol, i was just thinking about the same setup would be sweet
  • #251,573
  • Jun 2, 2010 7:18am Jun 2, 2010 7:18am
My trend says 1.20 will be very hard to break. Reversal could possible from there.
You cannot learn better without losing
  • #251,574
  • Jun 2, 2010 7:19am Jun 2, 2010 7:19am
Quoting JackintheBox
@Z3iz3i: Are you invested ? took small position long Gbp/Usd and Eur/Cad.

Eur/Usd is freakin me. I think short term trading is almost impossible right now (timeframe 2 hours).
Do you took short yesterday on Gbp/USD ?
No, i am not in trade right now.

I caught short on gbp/usd yesterday and hedged it up and took small loss.
They think they are smarter than I am.
  • #251,575
  • Jun 2, 2010 7:21am Jun 2, 2010 7:21am
Quoting Z3iz3i
I would love to see a fake rally and go along and then late in NY session bang this crap through the floor
ive got my u/j orders set..........
  • #251,576
  • Jun 2, 2010 7:23am Jun 2, 2010 7:23am
Quoting gatorinla
pending gu short.. 4770
sleep made me miss this too.. by 2 pips..
those who can, do. those who cant, talk about those who can
  • #251,577
  • Jun 2, 2010 7:25am Jun 2, 2010 7:25am
what happen to euro/usd.....bearish or bullish....don't know where to go..
  • #251,578
  • Jun 2, 2010 7:26am Jun 2, 2010 7:26am
Quoting mfoste1
ive got my u/j orders set..........
long from 91.05
  • #251,579
  • Jun 2, 2010 7:26am Jun 2, 2010 7:26am
Anybody long GU? from 4560 ?
  • #251,580
  • Jun 2, 2010 7:27am Jun 2, 2010 7:27am
Quoting gatorinla
sleep made me miss this too.. by 2 pips..
i took one more with like a 12 pip stop last night right before I rolled +181 so far
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