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  • #326,001
  • Nov 15, 2010 7:22am Nov 15, 2010 7:22am
Gold near fridays low...
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Look Sharp/Trade Tight
  • #326,002
  • Nov 15, 2010 7:24am Nov 15, 2010 7:24am
Quoting realjumper
All those who 'cooked the books' and have been caught out, should just default......I know how callous that sounds, but if the EZ is to prosper, then cut the dead wood away before it sinks whole ship.

I didn't write this, but it is fitting...it was written before the Greece bailout:

By Jeff Clark

Dear European Union and International Monetary Fund,

Please do the world a favor and allow Greece to default on its debt. It's going to happen anyway, and it would be better if it happened sooner rather than later.

When you loan money to friends,...
what a great write up.

stan
  • #326,003
  • Nov 15, 2010 7:27am Nov 15, 2010 7:27am
Quoting PriceVolume
Sometimes a turd will float until someone pushes the handle down. I expect it to be as such with this pair. I'm still watching spreads. But with Germany posturing in a "Exit - Stage Left" fashion, Italy seeming to be ready to jump into the spotlight with Ireland, and Greece and Portugal still in the backscene....it could get quite interesting. I'm waiting to hear rumors about France........
it's like a shitty soap opera... which is funny on it's own accord because I've never seen a good soap opera... but that's a different thread.

the spreads will speak... you are correct.

stan
  • #326,004
  • Nov 15, 2010 7:28am Nov 15, 2010 7:28am
Quoting DrLobo
well in PA perspective Bearish move looks like its run out of steam. If we do not penetrate 3600 then the bullish sentiment may begin to grow.
It remains a definite possibility.
Wrong. In forex market everything is a possibility. If u trade POSSIBILITIES and not PROBABILITIES
you will lose.
  • #326,005
  • Nov 15, 2010 7:29am Nov 15, 2010 7:29am
Quoting Federpm
Hello,
Today we expect FED’s POMOS so, despite what happens in London session, EUR/USD should go up during de American session (between 10:15 to 11:30 east. time)
What do you think?
that's probably a really good guess but who knows.

trade your system.
  • #326,006
  • Nov 15, 2010 7:33am Nov 15, 2010 7:33am
Quoting T.E.Lawrence
Personally, if I were trading usdx I would be looking to short.
I would have to agree with that. Tks a lot for your post Sir, it couldn't have been more complete.
  • #326,007
  • Nov 15, 2010 7:33am Nov 15, 2010 7:33am
Taking lots of time for this small correction & virtually no movement about 3 hrs then . lets see
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #326,008
  • Nov 15, 2010 7:33am Nov 15, 2010 7:33am
Quoting T@rantula
Wrong. In forex market everything is a possibility. If u trade POSSIBILITIES and not PROBABILITIES
you will lose.
i'm sure i'll say this a million times but is surely worth reinforcing...

the market is fractal in nature.

find a system that has a high hit rate, low draw down and realistic stops.

the patterns of the market will repeat themselves week in and week out.

patience, practice and PROBABILITIES.

if you are a day trader check out real jumpers system... it has all of the above.

stan
  • #326,009
  • Nov 15, 2010 7:33am Nov 15, 2010 7:33am
2nd time in the last 3 that Empire State Manufacturing Index goes completely out of the mean (the 1st one end up with QE2 back to the table) I think like the last time it will prevail over the good retail sales. We'll see

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #326,010
  • Edited 7:50am Nov 15, 2010 7:37am | Edited 7:50am
Quoting druckenmillr
the market is fractal in nature.

find a system that has a high hit rate, low draw down and realistic stops.


stan
Forex market is not centralised. Thats why momentum is important.

I dont need to find any system. I have mine.

High probability trading in its CORE.

Thanks.
  • #326,011
  • Nov 15, 2010 7:37am Nov 15, 2010 7:37am
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  • #326,012
  • Nov 15, 2010 7:38am Nov 15, 2010 7:38am
that was a surprise.

retail sales is big.

keep in mind that the economy is the US is consumption driven.

the more useless shit my wife buys the better the economy does.

stan
  • #326,013
  • Nov 15, 2010 7:38am Nov 15, 2010 7:38am
Quoting druckenmillr
i'm sure i'll say this a million times but is surely worth reinforcing...

the market is fractal in nature.

find a system that has a high hit rate, low draw down and realistic stops.

the patterns of the market will repeat themselves week in and week out.

patience, practice and PROBABILITIES.

if you are a day trader check out real jumpers system... it has all of the above.

stan
I'd be interested to see this then but can't find it. Do you have a link?
Thanks.
  • #326,014
  • Nov 15, 2010 7:39am Nov 15, 2010 7:39am
I am expecting 3450 before any correction on weekly charts
  • #326,015
  • Nov 15, 2010 7:40am Nov 15, 2010 7:40am
Quoting T@rantula
Forex market is not centralised. Thats why momentum is important.

I dont need to find any system. I have mine.

High probability trading in its CORE.

Thanks.
looks like you already know how to trade.

stan
  • #326,016
  • Nov 15, 2010 7:41am Nov 15, 2010 7:41am
Quoting Guitarfx
I'd be interested to see this then but can't find it. Do you have a link?
Thanks.
the dudes name is realjumper and the system he trades is solid.

stan
  • #326,017
  • Nov 15, 2010 7:41am Nov 15, 2010 7:41am
ok glad you said that

So I can ask you then, what is the statistical probability that we will go up or down ?







Quoting T@rantula
Wrong. In forex market everything is a possibility. If u trade POSSIBILITIES and not PROBABILITIES
you will lose.
  • #326,018
  • Nov 15, 2010 7:45am Nov 15, 2010 7:45am
Quoting DrLobo
ok glad you said that

So I can ask you then, what is the statistical probability that we will go up or down ?
it's 100%.
  • #326,019
  • Nov 15, 2010 7:46am Nov 15, 2010 7:46am
Quoting cloggie
There is a function here called PM, use it or else expect anyone and everyone to comment whatever they like to whatever you post.

Now can we move on?

It is fair to say that everyone here will at least for today rip your posts to pieces, just to make a point here. And I will gladly participate in the public lynching process.


You may want to add this as your signature:

"My posts are private and are only to be read by a few select individuals and please do not comment on them as my constitution is too delicate to withstand public scrutiny"...
the last line is hilarious.
  • #326,020
  • Nov 15, 2010 7:46am Nov 15, 2010 7:46am
Quoting druckenmillr
it's 100%.
you really like picking on people's wording, don't you?
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