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  • #273,221
  • Jul 20, 2010 5:24am Jul 20, 2010 5:24am
Quoting T.E.Lawrence
Buy on dips!

Everybody repeat:

'Buy on dips!'
Jump off a cliff!

Everybody repeat:

Jump off a cliff!
  • #273,222
  • Jul 20, 2010 5:24am Jul 20, 2010 5:24am
Quoting VavraSF
God aint going to help you.

Make a decision that 1 year fom now you can live with and then go with it.

It was a freakin joke. Read my past post. This thread is a joke. I just enjoy reading the crap on here and thought that praying would be something most on here could relate to. Thanks for the advise though.
  • #273,223
  • Jul 20, 2010 5:25am Jul 20, 2010 5:25am
Quoting PIPMunch
Yeh agreed! Once we break 10,000 i have 9,916 at the next support, following that 9,850.

I'm hopefully of 9,916, not to sure we can see 9,850 if we have decent earning reported today. All eyes on 1.30pm GMT building permits.

Expected to be bad so should help us go lower.
i'm not really good on short term moves. and probably since everyone knows how housing data will come is already priced in.

but medium-long term there is some fear in the market.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #273,224
  • Jul 20, 2010 5:27am Jul 20, 2010 5:27am
Quoting DMA Trader
i'm not really good on short term moves. and probably since everyone knows how housing data will come is already priced in.

but medium-long term there is some fear in the market.
For your reading



http://forexblog.oanda.com/20100720/...remain-strong/
  • #273,225
  • Jul 20, 2010 5:27am Jul 20, 2010 5:27am
Quoting T.E.Lawrence
Buy on dips!

Everybody repeat:

'Buy on dips!'
Yep.

Being naturaly stubborn I like to buy the dips and sell the spikes. The problem with that on my part is that I miss out on some great moves to the upside and downside. But that is my fault and I am slowly starting to gain some faith in riding the trend once it has broken though a significant S or L level.
  • #273,226
  • Jul 20, 2010 5:29am Jul 20, 2010 5:29am
Quoting sedge
is it time to go short?
You're a bit late, my friend... but it depends on your MM... if you can deal with a bigger SL, then you can take a position for SHORT now... if not, then I'd rather wait to close this hourly candle...

Cheers!
  • #273,227
  • Jul 20, 2010 5:30am Jul 20, 2010 5:30am
long again 1.2903
  • #273,228
  • Jul 20, 2010 5:31am Jul 20, 2010 5:31am
Quoting T.E.Lawrence
Buy on dips!

Everybody repeat:

'Buy on dips!'
good joke hahaa lol today your sell on rallies worked my call is change sell on rallies hahaha..we are going to test 2820-2750 if we clear 2880 let see how it goes

Ub
  • #273,229
  • Jul 20, 2010 5:32am Jul 20, 2010 5:32am
European stocks negative and going lower.

BOJ devaluing currency against the USD (Bloomberg TV)
  • #273,230
  • Jul 20, 2010 5:33am Jul 20, 2010 5:33am
Quoting Redeemed1

BOJ devaluing currency against the USD (Bloomberg TV)
What????
  • #273,231
  • Jul 20, 2010 5:34am Jul 20, 2010 5:34am
[QUOTE/]BOJ devaluing currency against the USD (Bloomberg TV)[/quote]

What would that mean for the dollar?
  • #273,232
  • Jul 20, 2010 5:37am Jul 20, 2010 5:37am
Quoting VavraSF
What????

BOJ devaluing currency against USD as they sell off Yen after last weeks 7 week high. (Bloomberg)
  • #273,233
  • Jul 20, 2010 5:37am Jul 20, 2010 5:37am
Attached Image
  • #273,234
  • Jul 20, 2010 5:38am Jul 20, 2010 5:38am
Quoting PIPMunch
[QUOTE/]BOJ devaluing currency against the USD (Bloomberg TV)
What would that mean for the dollar?[/quote]


Most likely up, according to fundamentals, but fundamentals have pretty much been tossed out the window the last 2 weeks.
  • #273,235
  • Jul 20, 2010 5:39am Jul 20, 2010 5:39am
Quoting Redeemed1
BOJ devaluing currency against USD as they sell off Yen after last weeks 7 week high. (Bloomberg)
Thanks, heard it here first.
  • #273,236
  • Jul 20, 2010 5:40am Jul 20, 2010 5:40am
good read for all traders.


http://www.forexfactory.com/showpost...89&postcount=8
  • #273,237
  • Jul 20, 2010 5:40am Jul 20, 2010 5:40am
Quoting Redeemed1
BOJ devaluing currency against USD as they sell off Yen after last weeks 7 week high. (Bloomberg)
Really? That's the only pair that are hardly moving.
  • #273,238
  • Jul 20, 2010 5:44am Jul 20, 2010 5:44am
here
Attached Image (click to enlarge)
Click to Enlarge Name: Forex.jpg Size: 127 KB
dreams do come true.
  • #273,239
  • Jul 20, 2010 5:45am Jul 20, 2010 5:45am
in a matter of second (not even a second, maybe 1/10th of a second), eu goes down from
2906 to 2883. set my sl at 2898. my sl was hit but at 2883...
how come it happen?


it happened at 18:39 +8GMT
If only,.....
  • #273,240
  • Jul 20, 2010 5:46am Jul 20, 2010 5:46am
Quoting wannaberich
here
Careful, 2900 could be resistance now that trend has changed a little
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