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  • #252,781
  • Jun 4, 2010 6:27am Jun 4, 2010 6:27am
Quoting onemind
closing that short actually brought a tear to my eye, even though i was at 1:! leverage.

I'm such a pussy.
What happen to money management strategies?
  • #252,782
  • Jun 4, 2010 6:28am Jun 4, 2010 6:28am
  •  Now
  • | Joined Aug 2006 | Status: 'I should have taken the money' | 654 Posts
Quoting 4xmaker
Opportunity guys.... don't let fear get to you. Remember what Buffet said....
When fear becomes your dear.
Being right is one, taking it from the table is two.
  • #252,783
  • Jun 4, 2010 6:28am Jun 4, 2010 6:28am


predict the future
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When life gives you lemons, make lemonade
  • #252,784
  • Jun 4, 2010 6:28am Jun 4, 2010 6:28am
  •  Now
  • | Joined Aug 2006 | Status: 'I should have taken the money' | 654 Posts
SNB:

ZURICH (Dow Jones)--The Swiss National Bank Friday declined to comment on the Swiss franc's all-time high against the euro.
"We can't comment on that," an SNB spokesman said.
Earlier Friday, the euro fell to CHF1.3975, a record low.
The SNB has been intervening in foreign exchange markets since August 2009 to curb any excessive appreciation in the Swiss currency, which could damage its export industry. In the past few weeks, it is believed to have defended a euro level of CHF1.40.
Being right is one, taking it from the table is two.
  • #252,785
  • Jun 4, 2010 6:28am Jun 4, 2010 6:28am
LOL I was short and then out in two minutes - got my month's rent so to speak.

It is a sunny day.
  • #252,786
  • Jun 4, 2010 6:29am Jun 4, 2010 6:29am
Scalped a couple longs for +1%, had my fun for now. Next trade is after NFP, hopefully a sell when this sh%$ hits the top.
  • #252,787
  • Jun 4, 2010 6:30am Jun 4, 2010 6:30am
Man, Hungary isn't in anyway related..........just a excuse for institutions to get into positions......
  • #252,788
  • Jun 4, 2010 6:31am Jun 4, 2010 6:31am
  •  Now
  • | Joined Aug 2006 | Status: 'I should have taken the money' | 654 Posts
MARKET TALK: Beware The SNB EUR/CHF Trap - Trader

1128 GMT [Dow Jones] EUR/CHF collapses to an all-time low of 1.3865 with no sign of SNB intervention. A London based trader says the central bank is savvy enough to know that it cannot stand in the way of the markets current extremely negative view on the euro. Therefore it let the 1.40 line-in-the sand be breached and will wait until the market gets overconfident and over-short, and then step in. His preferred time-scale is after the payrolls risk event at 1230GMT. EUR/CHF currently trades at 1.3950.

EDIT: ALL ABOUT PATIENCE, ISN'T IT
Being right is one, taking it from the table is two.
  • #252,789
  • Jun 4, 2010 6:32am Jun 4, 2010 6:32am
Seriously longs are accumulating right now, but i'm not in it.
  • #252,790
  • Jun 4, 2010 6:32am Jun 4, 2010 6:32am
Only half an hour to go.

wtf is going to happen.

If only alf was here.

http://img180.imageshack.us/img180/8748/alfe.jpg
  • #252,791
  • Jun 4, 2010 6:34am Jun 4, 2010 6:34am
Quoting stevefx
Seriously longs are accumulating right now, but i'm not in it.
I doubt it, if it really is accumulation, the price will be flying high with much bigger spikes up.

I think, some shorts are exiting but slowly.

Given that, Old support should be new resistance line now
  • #252,792
  • Jun 4, 2010 6:35am Jun 4, 2010 6:35am
  •  Now
  • | Joined Aug 2006 | Status: 'I should have taken the money' | 654 Posts
Quoting 4xmaker
Man, Hungary isn't in anyway related..........just a excuse for institutions to get into positions......
It is about the banks exposure of full EU member states to Hungary.
Being right is one, taking it from the table is two.
  • #252,793
  • Jun 4, 2010 6:35am Jun 4, 2010 6:35am
Quoting SkyzerFX
Let's get back on this by afternoon


off course...
Let us be green
  • #252,794
  • Jun 4, 2010 6:35am Jun 4, 2010 6:35am
What's wrong with FXCM, My trade hit its t/p many times but failed to close. Can't even close it manually.

Enter Signature
  • #252,795
  • Jun 4, 2010 6:36am Jun 4, 2010 6:36am
Quoting Now
and will wait until the market gets overconfident and over-short, and then step in. His preferred time-scale is after the payrolls risk event at 1230GMT.
Exactly
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #252,796
  • Jun 4, 2010 6:36am Jun 4, 2010 6:36am
Quoting black mamba
What's wrong with FXCM, My trade hit its t/p many times but failed to close. Can't even close it manually.

restart the software, or call DESK
  • #252,797
  • Jun 4, 2010 6:36am Jun 4, 2010 6:36am
You are being screwed by your broker
  • #252,798
  • Jun 4, 2010 6:36am Jun 4, 2010 6:36am
Quoting suthmo
So today 2135 to 2210 10pm to 2091 7am to 2291 3 to 6pm

2210 10pm to 2091 +111 I got out of this. Now I bought 2095

2091 7am to 2291 3 to 6pm

The timings all out but hey, I'm not fussy.
Founder of Sutherland Wave Principle
  • #252,799
  • Jun 4, 2010 6:37am Jun 4, 2010 6:37am
  •  Now
  • | Joined Aug 2006 | Status: 'I should have taken the money' | 654 Posts
Quoting stevefx
Seriously longs are accumulating right now, but i'm not in it.
Any long-term trader will wait to build any new position untill after NFP.
Either long or short positions will be build after.
Nobody wants to be caught in a kee-jerk.
Being right is one, taking it from the table is two.
  • #252,800
  • Jun 4, 2010 6:37am Jun 4, 2010 6:37am
Whatch Out...


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