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  • #320,221
  • Nov 5, 2010 9:46am Nov 5, 2010 9:46am
the massive voter swing to the Republicans was heavily influenced by jobs.

i bet the dems wish the election could have waited a few days.

lol
  • #320,222
  • Nov 5, 2010 9:46am Nov 5, 2010 9:46am
1.4150 was a target before Q2 and now we hit the bottom of the channel and we will go to the top 1.4320

This is my opinion.


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  • #320,223
  • Nov 5, 2010 9:51am Nov 5, 2010 9:51am
Guys if the Ask price is widening or narrowing while the Bid stays stable... is there a way to take advantage of this for profit?
  • #320,224
  • Nov 5, 2010 9:52am Nov 5, 2010 9:52am
Quoting DMA Trader

gold up ?
Did you see Silver? Man, I sold some, but it moves up another 50 cents
shoot!

Now waiting for retrace maybe next week to re-enter..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #320,225
  • Nov 5, 2010 9:52am Nov 5, 2010 9:52am
Nice "inspiring" comment...

Come on man get real It sounds very nice in theory to be in the market up and down entering on the right spot and exiting and reversing at perfect time making money all day long ....

It maybe only my point of view, but if you don't know your entry and your potential targets (regardless if there are based on fundamentals, price, S/R, trendlines, fibs, indicators or just a simple % gain) you can't calculate your R:R before a trade (or if you use auto trading even worst becasue you need to know your statistical edge by the cent) meaning you will never be consistent.

Your comments although make sense in theory, are misleading at best, you make it sound that price action is an exact science that every single trader in the world (big and small) has to follow... the others are idiots... come on you know this is a very bad and broad generalization

sisse


Quoting swing 123
why ppl keep guessing their hypothetical targets, some saying 1.6 some saying 1.19, why cant they just follow the PA, one has to win up or down, does winning bring a vouch. lol
Pending conversations? PM for a chat...I am mainly in OTM now
  • #320,226
  • Nov 5, 2010 9:56am Nov 5, 2010 9:56am
Quoting druckenmillr
that's very strange.

stan

its outright manipulation.....they know the usd is at a reversal point and they are pull anything up their sleeve to prevent it. Remember how obama admin was sooooo against extending the tax cuts? yea well now they wants to extend them so traders keep selling usd as carry trade since they dont have to pay tax now. no need to close positions.
  • #320,227
  • Nov 5, 2010 9:57am Nov 5, 2010 9:57am
Watch gold. Could retrace or break here. small risk short. If it drop, could trigger USDx back above tl.

Nice div on both daily and hourly.

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  • #320,228
  • Nov 5, 2010 9:57am Nov 5, 2010 9:57am
EUR is correlated with the Gold....I will not be surprise to see 1.4300 today
  • #320,229
  • Nov 5, 2010 9:58am Nov 5, 2010 9:58am
Quoting sisse
Nice "inspiring" comment...

Come on man get real It sounds very nice in theory to be in the market up and down entering on the right spot and exiting and reversing at perfect time making money all day long ....

It maybe only my point of view, but if you don't know your entry and your potential targets (regardless if there are based on fundamentals, price, S/R, trendlines, fibs, indicators or just a simple % gain) you can't calculate your R:R before a trade (or if you use auto trading even worst becasue you need to know your statistical...
there are quite a few people online here in this thread intentionally misleading others.
  • #320,230
  • Nov 5, 2010 9:58am Nov 5, 2010 9:58am
Quoting SkyzerFX
Did you see Silver? Man, I sold some, but it moves up another 50 cents
shoot!

Now waiting for retrace maybe next week to re-enter..
no. silver outperform gold.
but i got to stick with what i feel. gold respects charts. silver only goes up no retrace, anyway - also gold miners are up huge.

what can make gold prices go down ?

FED starting QE 2

who's next ? BOE ? ECB ?

FED is not dumb. if they started they needed.

wanna see something good

look at AUD/USD EUR/AUD, GBP/AUD

priceless. AUD made in china but still priceless
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #320,231
  • Nov 5, 2010 10:00am Nov 5, 2010 10:00am
Sell close 1.4120 should be low risk when looking at time it came down (1.4070) from there and time how long it takes to climb back there.

If it wont hold (and if it gets there) then it may climb back to 1.4177/88.
They think they are smarter than I am.
  • #320,232
  • Nov 5, 2010 10:01am Nov 5, 2010 10:01am
Old times are back: good news for USD then EUR up
  • #320,233
  • Nov 5, 2010 10:02am Nov 5, 2010 10:02am
Quoting sisse
Nice "inspiring" comment...

Come on man get real It sounds very nice in theory to be in the market up and down entering on the right spot and exiting and reversing at perfect time making money all day long ....

It maybe only my point of view, but if you don't know your entry and your potential targets (regardless if there are based on fundamentals, price, S/R, trendlines, fibs, indicators or just a simple % gain) you can't calculate your R:R before a trade (or if you use auto trading even worst becasue you need to know your statistical edge...
well my target is to achieve 50-70pips per day thats all i know and believe me after achieving my target i get very sweet dreams
  • #320,234
  • Nov 5, 2010 10:03am Nov 5, 2010 10:03am
Just woke up. Target hit. $2400 richer.

Quoting courtt5
I didnt think I was clear enough. Sorry about that. Here it is. Go short now and be richer in 24 hours.

1.4085
  • #320,235
  • Nov 5, 2010 10:03am Nov 5, 2010 10:03am
Your "my target is to achieve 50-70pips per day" said it all. Case close with you. Good luck in your trading.

sisse

Quoting swing 123
well my target is to achieve 50-70pips per day thats all i know and believe me after achieving my target i get very sweet dreams
Pending conversations? PM for a chat...I am mainly in OTM now
  • #320,236
  • Nov 5, 2010 10:05am Nov 5, 2010 10:05am
Quoting JuliusCeasar
almost 5k posts and i'm not sure i have ever heard anything constructive from you apart from appearing from the wood work to gloat
whenever the dollar weakens


well said
  • #320,237
  • Nov 5, 2010 10:05am Nov 5, 2010 10:05am
long u cad.. .99 tp 1.0150 t-sl
those who can, do. those who cant, talk about those who can
  • #320,238
  • Nov 5, 2010 10:05am Nov 5, 2010 10:05am
Quoting sisse
Your "my target is to achieve 50-70pips per day" said it all. Case close with you. Good luck in your trading.

sisse
alright you have fun too may 500 pips per day GL
  • #320,239
  • Nov 5, 2010 10:07am Nov 5, 2010 10:07am
Quoting EuroTrader
EUR is correlated with the Gold....I will not be surprise to see 1.4300 today
not always. it is untill its not.
those who can, do. those who cant, talk about those who can
  • #320,240
  • Nov 5, 2010 10:08am Nov 5, 2010 10:08am
my guess is home sales is bad, they probably split them up so we could get a double top or a nice retrace.
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