Short at 2840 with sl 2867..tp at 2788..
- #291,502
- Sep 13, 2010 8:05am Sep 13, 2010 8:05am
Ah yes, it reminds me the begining of Thus spoke Zarathustra, there was some part about a guy getting killed with stones at the marketplace I think
- #291,506
- Sep 13, 2010 8:13am Sep 13, 2010 8:13am
- | Membership Revoked | Joined May 2010 | 1,979 Posts
- #291,507
- Sep 13, 2010 8:14am Sep 13, 2010 8:14am
- | Joined Aug 2010 | Status: Trader | 1,133 Posts
would you tell me why do you take short position? thanks
- #291,508
- Sep 13, 2010 8:15am Sep 13, 2010 8:15am
- Joined Mar 2010 | Status: Technical Fundamentalist | 11,563 Posts
Is a interesting discussion to have but not during active markets hours. In general you are not going to find a 1:1 pre canned theory on if x = n, y goes up by nn ... or the opposite.
Fundamentals relations are a lot more complex than linear relations. Therefore you need to understand what kind of news you are taking about first and after analyze them into the context of all near term fundamentals. Second, you need to understand the short term speculation move after the #s that just come with the fundamental move that will form in your chart (or sometimes if expectations are meet, the move is already in your charts before the #s).
Oversimplifying and assuming not abnormal #s, in better that expected #s price will move down to the nearest support and go up and the opposite for bad news... Of course there is lot more than that, that we can talk after market hours.
Let see what the US open brings.
sisse
Fundamentals relations are a lot more complex than linear relations. Therefore you need to understand what kind of news you are taking about first and after analyze them into the context of all near term fundamentals. Second, you need to understand the short term speculation move after the #s that just come with the fundamental move that will form in your chart (or sometimes if expectations are meet, the move is already in your charts before the #s).
Oversimplifying and assuming not abnormal #s, in better that expected #s price will move down to the nearest support and go up and the opposite for bad news... Of course there is lot more than that, that we can talk after market hours.
Let see what the US open brings.
sisse
Sorry for asking the same question again. But last time I didn't get any answers.
Let, there is a USA news for which the market is waiting. Assume, the currency pair to trade is euro/usd.
What will happen if better than expected data come from USA?
What will happen if worse than expected data come from USA?
And again,
What will happen if much better than expected data come from USA?
What will happen if much worse than expected data come from USA?
I am confused with the "Risk aversion" and 'Risk Appetite matters". In past...
Pending conversations? PM for a chat...I am mainly in OTM now
- #291,513
- Sep 13, 2010 8:25am Sep 13, 2010 8:25am
- Joined Aug 2008 | Status: Fear makes us see who we really are | 4,822 Posts
They think they are smarter than I am.
- #291,517
- Sep 13, 2010 8:36am Sep 13, 2010 8:36am
- Joined Aug 2008 | Status: Fear makes us see who we really are | 4,822 Posts
They think they are smarter than I am.
