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EURUSD

  • #252,381
  • Jun 3, 2010 4:45pm Jun 3, 2010 4:45pm
Quoting T@rantula
LOL now... when the going gets tough Buddha goes drinking ))
Don't make it sound like such a bad thing! Causual alcoholism used to be great TV entertainment before we got so "PC"!

Anyway....and seriously, I honestly do think both of you are excellent traders. And I'm not saying that because I haven't had sex this week....so don't flatter yourself.

I understand the debate, but it's just like anything else....a matter of perspective.
Capital Preservation is key to long term wealth accumulation
  • #252,382
  • Jun 3, 2010 4:49pm Jun 3, 2010 4:49pm
Quoting MuddBuddha
Don't make it sound like such a bad thing! Causual alcoholism used to be great TV entertainment before we got so "PC"!

Anyway....and seriously, I honestly do think both of you are excellent traders. And I'm not saying that because I haven't had sex this week....so don't flatter yourself.

I understand the debate, but it's just like anything else....a matter of perspective.
ROFLMAO
  • #252,383
  • Jun 3, 2010 4:50pm Jun 3, 2010 4:50pm
Quoting TudorJonesJR
Lol your right, will think about that the next time... That nice quote really bodes well with `arguing on the internet is like competing in the special Olympics`
peace
  • #252,384
  • Jun 3, 2010 4:53pm Jun 3, 2010 4:53pm
Quoting sed34
Is it just me or does it feel like the euro is setting up for something big. Either a big rally or big drop.
Who knows.

I locked in 90 pips on my current short and I still have room to give. But, a spike will end my run. Wondering how NFP will affect the pair tomorrow. This is better than waiting for the Super Bowl.
Only expectation matters . . .
  • #252,385
  • Jun 3, 2010 4:56pm Jun 3, 2010 4:56pm
oh, so you're saying that they might take price beneath say 1.2150 on the Euro and 1.4590 on the GBP just to take out stops, and then perhaps take it back up from there?

Quoting DMA Trader
everyone that is long has a Sl place right below this level.
lack of liquidity... happened before on Asia.
"The real genius is knowing when to stop." - Marc Faber
  • #252,386
  • Jun 3, 2010 4:56pm Jun 3, 2010 4:56pm
Ha ha....this is what I like to wake up to see. I'm awesome.
  • #252,387
  • Jun 3, 2010 4:58pm Jun 3, 2010 4:58pm
I almost feel "evil" for posting this. Thank god I've been drinking!
Attached Image
Capital Preservation is key to long term wealth accumulation
  • #252,388
  • Jun 3, 2010 5:00pm Jun 3, 2010 5:00pm
Quoting MuddBuddha
I almost feel "evil" for posting this. Thank god I've been drinking!
lol, that´s the one! cheers
  • #252,389
  • Jun 3, 2010 5:02pm Jun 3, 2010 5:02pm
Quoting RebelRed
Who knows.

I locked in 90 pips on my current short and I still have room to give. But, a spike will end my run. Wondering how NFP will affect the pair tomorrow. This is better than waiting for the Super Bowl.
NBA Finals start tonight!

Quoting MuddBuddha
I almost feel "evil" for posting this. Thank god I've been drinking!
All I can say is WOW. Lol, I feel bad about laughing but I just couldn't help it... lol.
  • #252,390
  • Jun 3, 2010 5:02pm Jun 3, 2010 5:02pm
Quoting MuddBuddha
I almost feel "evil" for posting this. Thank god I've been drinking!
He who drinks doesnt mean evil.
  • #252,391
  • Jun 3, 2010 5:04pm Jun 3, 2010 5:04pm
Hi, I was trying to watch this video, but there doesn't seem to be any sound track, either on FF or on YouTube. Is this a completely silent video or is there something wrong with my computer? I can hear other sounds ok... thanks I'm really interested in this topic...

Quoting T@rantula
The losses haven't been realized until you close the trade dude,can u read better or my English sucks. Your money works until u withdraw from the trade thats when u take profit or lose it

Learn:

http://www.youtube.com/watch?v=TNZVuniDVQA
"The real genius is knowing when to stop." - Marc Faber
  • #252,392
  • Jun 3, 2010 5:05pm Jun 3, 2010 5:05pm
Quoting T@rantula
He who drinks doesnt mean evil.
I've said the same thing!

Everytime my wife says, "You want me to do WHAT tonight?!" you'd think I just machine gunned a herd of bunnies or something!

Women....
Capital Preservation is key to long term wealth accumulation
  • #252,393
  • Jun 3, 2010 5:07pm Jun 3, 2010 5:07pm
Quoting hhitch
Hi, I was trying to watch this video, but there doesn't seem to be any sound track, either on FF or on YouTube. Is this a completely silent video or is there something wrong with my computer? I can hear other sounds ok... thanks I'm really interested in this topic...
Sorry...no sound..only demonstration
  • #252,394
  • Jun 3, 2010 5:07pm Jun 3, 2010 5:07pm
I looked at EUX.
We have a double bottom at 104.86 area. from october 2008
We are just flirting with that level.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #252,395
  • Jun 3, 2010 5:10pm Jun 3, 2010 5:10pm
Quoting 2+2=4ex
NBA Finals start tonight!
Yeah. The Suns are out though.

Might go bet on how many Celtics take a flop.
Only expectation matters . . .
  • #252,396
  • Jun 3, 2010 5:12pm Jun 3, 2010 5:12pm
Quoting MuddBuddha
I've said the same thing!

Everytime my wife says, "You want me to do WHAT tonight?!" you'd think I just machine gunned a herd of bunnies or something!

Women....
LOOOL....

hahaha......Mine is always the last: Yes, Darling

haha. Im kidding. Im not married but i like girls a lot )
  • #252,397
  • Jun 3, 2010 5:13pm Jun 3, 2010 5:13pm
ok, thanks... I am interested in learning the actual strategy behind hedging to protect one's account... unfortunately that particular video is somewhat lost on me without verbal explanations. I do understand what it means to open hedging positions, and how to do it. What I am interested in learning is how to actually deploy the strategy to protect oneself. Can you point me in the right direction? thanks in advance

Quoting T@rantula
Sorry...no sound..only demonstration
"The real genius is knowing when to stop." - Marc Faber
  • #252,398
  • Jun 3, 2010 5:17pm Jun 3, 2010 5:17pm
June 3 (Bloomberg) -- Kansas City Federal Reserve Bank President Thomas Hoenig said the U.S. economic recovery has the momentum to sustain itself and called for an increase in the target federal funds rate to 1 percent by the end of the summer.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #252,399
  • Jun 3, 2010 5:19pm Jun 3, 2010 5:19pm
Quoting DMA Trader
June 3 (Bloomberg) -- Kansas City Federal Reserve Bank President Thomas Hoenig said the U.S. economic recovery has the momentum to sustain itself and called for an increase in the target federal funds rate to 1 percent by the end of the summer.
yeah, he's the only one..he's also calling for more than .25 increase @ a time..a little optimistic imo. i am in the camp still, Sky and I have a gentlemans "bet"..i still say rate increase this calender year..

You still think no Sky?
  • #252,400
  • Jun 3, 2010 5:21pm Jun 3, 2010 5:21pm
Expectations are high for tomorrow's jobs report - maybe too high. The consensus is looking for a gain of 508K jobs, by far the largest estimate ever
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
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