altough up and down around it we didn't have an hourly close above 1.3965.
if we close below the line on the attached chart i will short.
hapipipin
if we close below the line on the attached chart i will short.
hapipipin
dreams do come true.
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Dislikedlol nope... i never traded/trade/will trade during news. and even if i were, this would never affect my trading because i use higher timeframes. zoom out to daily and weekly, and see if you can tell when news kicked in - ?
anyway... you didn't get what i was trying to say...Ignored
DislikedGood to hear that you trade on higher time frames but its just accepting a truth ; if u are not then its upto you : do u think euro moved this much only because of big traders and their volumes " sad to even mention it " its just some good equities pushed aud and euro gain strength against usd fine but
I never say only news its also trends and some serious technicals do the tricks
I hope u know thatIgnored
DislikedSo we are three......, definitely
Keep on posting. I find your opinion very usefull,
MarkusIgnored
Dislikedsupply and demand. supply and demand.
try to turn off cnbc or bloomberg and concentrate on charts above 4h
see what the news do.
give an opportunity to those who trade bigger time frames to get in or add to a position. and
take out weak players from trades.
ever wonder why bernanke is suppose to speak just as we are near 1.4
it's all coincidence right ?Ignored
DislikedFour. I see 1.33 as well.
Are we 4 against the world? Wow...Pressure...Ignored
Dislikedmarket is not moved by news but by volume. the bigger you are, the more impact you have on the market.
if some news would come up good for the dollar, you would expect price to go up... but if at the same time you sell a couple of hundred billions (hypothetically, of course) then price would go down in spite of all good news.
it's always about the big players and their interest. forget about any news or anything else - the only thing we could do is follow their actions.Ignored
Dislikedhey guys, does anyone have a link where I can watch the speech? thanks
MattIgnored
Dislikedthis is one that might work.
i am using cnbc plus online for i am sure they will have it live
but this is bloomberg too
good to have the address in the media player. run's better
http://www.bloomberg.com/streams/video/LiveBTV200.asxxIgnored
Dislikedevery time frame besides monthly is bullish.
but we have this huge resistance. at 1.4
we either have a top here. since we get full supply as much as we try to take it.
or we are eating from it but need more time and bulls.
range has been formed near this top. so break out of this range for trend to continue or get some correction.
ranges are my Achilles’ heel so i try to avoid them.
still waiting...Ignored
Disliked
there's always 2 possibilities, and you always must think of two scenarios. not more, not less.Ignored
Dislikedadditionally, we have a huge candle looking frightfully bullish (yesterday's), the vicinity of 1.4 while parking here and thirdly waiting for uncle ben's statement - whatever he might state, i expect market to react.
i would be astonished, if 1.4 didn't fall.Ignored
Dislikedbreak of 48 and that's when i am in short.
green pips guys.
heading home now...Ignored
DislikedHi guys; I really enjoy reading the discussion here on the forum; it helps us to understand more about trading and making the right decisions. I have one question; do you think the market might react in an hour or should we expect a move tomorrow after the speech ? I am living in Japan, so I wanted to know if I should skip sleep or not. thanks.Ignored