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  • #333,801
  • Nov 27, 2010 12:43pm Nov 27, 2010 12:43pm
It's weird that Black Friday...most things gets cheaper.......

Include e/u, g/u, stocks.....haha

Which means they will go higher soon..

Nothing serious......I do not guarantee that e/u is going up on Monday ok?

  • #333,802
  • Nov 27, 2010 12:44pm Nov 27, 2010 12:44pm
Quoting druckenmillr
that's important and i think he's giving it to you.

look at the charts... it's a blood bath.

don't try to pick bottoms... it's a suckers game.

this thread is littered with stopped out, margin called bottom pickers.

stan
i never said its a dead end.did i?
OPPORTUNITY LIES WHERE THE MAJORITY IS AFRAID TO GO....
  • #333,803
  • Nov 27, 2010 12:45pm Nov 27, 2010 12:45pm
Quoting 168ipoh
It's weird that Black Friday...most things gets cheaper.......

Include e/u, g/u, stocks.....haha

Which means they will go higher soon..

Nothing serious......I do not guarantee that e/u is going up on Monday ok?

hahaha...gud1
OPPORTUNITY LIES WHERE THE MAJORITY IS AFRAID TO GO....
  • #333,804
  • Nov 27, 2010 12:50pm Nov 27, 2010 12:50pm
Greece May Get 11-Year Period To Repay Bailout – IMF


ahh...way too many news in the weekend. look hard to judge what lie ahead next week
Good day, I'm okay. Bad day, I'm okay. What's the difference?
  • #333,805
  • Nov 27, 2010 12:51pm Nov 27, 2010 12:51pm
Quoting druckenmillr
that's important and i think he's giving it to you.

look at the charts... it's a blood bath.

don't try to pick bottoms... it's a suckers game.

this thread is littered with stopped out, margin called bottom pickers.

stan
But it is so fun to watch the muppet retailers picking up a few pennies if they are lucky on a green M5/15 candle. There is a reason why 80-90% never make it in this business and this is probably the biggest one of them. They all think that price is about to come back, it can't fall for that long now can it? And their stockies/maccies are oversold, gotta get in now not to miss those all important first 4 pips of an intermediate trend now can they.

There are 35,000 members here, about 100 probably know what they are doing the rest is anyone's guess.
  • #333,806
  • Nov 27, 2010 12:52pm Nov 27, 2010 12:52pm
Quoting 168ipoh
It's weird that Black Friday...most things gets cheaper.......

Include e/u, g/u, stocks.....haha

Which means they will go higher soon..

Nothing serious......I do not guarantee that e/u is going up on Monday ok?

oh man i like the way you say this.

btw you look ipoh chinese to me..
Good day, I'm okay. Bad day, I'm okay. What's the difference?
  • #333,807
  • Nov 27, 2010 12:52pm Nov 27, 2010 12:52pm
Quoting aiyoyo
Greece May Get 11-Year Period To Repay Bailout – IMF


ahh...way too many news in the weekend. look hard to judge what lie ahead next week

It'll soon be extended again, Greece pays over 15Bn a year in interest, their balance sheet can't cover that.
  • #333,808
  • Nov 27, 2010 12:55pm Nov 27, 2010 12:55pm
Quoting cloggie
It'll soon be extended again, Greece pays over 15Bn a year in interest, their balance sheet can't cover that.
Hi Cloggie
I have read Gator valuable view and interested to know if u have medium term view?

Thanks
  • #333,809
  • Edited 1:26pm Nov 27, 2010 12:56pm | Edited 1:26pm
Quoting roxen99
Most of the senior traders on this thread are having bearish sentiment but my view for the coming week is that EU should not go below 3125 before revisiting 3700 level.Breach of 3700 would certainly doubt the current bearish move.price is at very crucial level atm.so far i have enjoyed the bearish ride but here is some encouragement for my fellow bullish traders

-EU denies Portugal in line for aid package.http://www.bbc.co.uk/news/business-11845046

-Ireland is in the final stages...
1. Max i could c Eu was at 1.36450 atm
2. I could wait some minor pull back if prices goes to 1.3150-1.3050-1.29150-1.28450...Am Still holding it from 1.4080 (even a bit late) since last few week.
3. Possible somepull back happen after item#2 reach where i may add in ~ 1.35720-1.3600 area...
4. My final target till Q2'11 was 1.23350-1.18250. Break and holding any H1/H4 below this 1.18250 area my next will be 1.07650-0.96850-0.8650 till Q3'11


Why? Look your daily gold mate....min USD100-300 down under sea level from 1424?

Anyway just my 2 cent....all my short was TP=open and maybe i could hold all this position for 6-12 month...

p/s :And i am not suprice if mark2 stuff came out again later....maybe somewhere around end dec-Q1'11.....cheers
Attached Image (click to enlarge)
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  • #333,810
  • Nov 27, 2010 12:56pm Nov 27, 2010 12:56pm
Quoting cloggie
But it is so fun to watch the muppet retailers picking up a few pennies if they are lucky on a green M5/15 candle. There is a reason why 80-90% never make it in this business and this is probably the biggest one of them. They all think that price is about to come back, it can't fall for that long now can it? And their stockies/maccies are oversold, gotta get in now not to miss those all important first 4 pips of an intermediate trend now can they.

There are 35,000 members here, about 100 probably know what they are doing the rest is anyone's...
from the winner loser statistic of fxcm and other, winner of ~30% mean they should be around 10k here that know what they are doing?
Good day, I'm okay. Bad day, I'm okay. What's the difference?
  • #333,811
  • Nov 27, 2010 12:57pm Nov 27, 2010 12:57pm
Quoting aiyoyo
oh man i like the way you say this.

btw you look ipoh chinese to me..
U r 100% spot on LOL
  • #333,812
  • Nov 27, 2010 1:01pm Nov 27, 2010 1:01pm
Quoting mfoste1
me either....ive been watchin volumes closely on 30m and 15 min during rallies. the buyers just disappear after about 100 pips or so, this leads me to believe that theyre only covering rallies. big players are selling rallies hard....something big is going to happen soon a geopolitical event....it could be korean war, or someone leaving ez, or defaulting....

i see some possible bounces here on the chart, and maybe 2880 but its not on this chart....

http://www.forexfactory.com/showpost...stcount=327796
Hi bro
Last time we talked i think u was short aud/u i don't know if this short term or long but want tell u something
IF the world get better commodity will get better if the world not get better and keep printing money commodity will get better so in long run commodity currency will not go down just correction.
As always This my view and i could b wrong.
GL
  • #333,813
  • Nov 27, 2010 1:02pm Nov 27, 2010 1:02pm
Quoting 168ipoh
U r 100% spot on LOL
not hard to guess, chinese really like 168 haha.... 8 8 8
Good day, I'm okay. Bad day, I'm okay. What's the difference?
  • #333,814
  • Nov 27, 2010 1:04pm Nov 27, 2010 1:04pm
Quoting egkid
Hi bro
Last time we talked i think u was short aud/u i don't know if this short term or long but want tell u something
IF the world get better commodity will get better if the world not get better and keep printing money commodity will get better so in long run commodity currency will not go down just correction.As always This my view and i could b wrong.
GL
?
  • #333,815
  • Nov 27, 2010 1:09pm Nov 27, 2010 1:09pm
Hey, so Im new in here (and forex generally), but been following this thread a while still learning but managed to scalp over 150 pips (short and long) on Friday.. still looking on my charts and trying to figure smthing out, not confident enough to say whats gonna happen next in my opinion..
I forgot to close my trades on friday, so still holding shorts...
  • #333,816
  • Nov 27, 2010 1:34pm Nov 27, 2010 1:34pm
Quoting mfoste1
eurcad shorts look good near 3643 on restest of this wedge

this could make for a 1000+ trade....
Agree with you on that! Not even sure if we are going to see 3643 but that would make for an almost PERFECT trade... I'm watching closely
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@pawpaw1000 on Twitter
  • #333,817
  • Nov 27, 2010 1:40pm Nov 27, 2010 1:40pm
Cloggie,

I agree with your statement below and I currently use MT4 for charting but orders into GFT Dealbook360. Not completely happy with GFT either. I'm looking for a better US broker for trading forex (maybe MB Trading) but also may do it through Tradestation. I am planning to move over to Tradestation for trading Futures soon but wanted to know the following:

What broker do you use for trading Forex?

What platform you use for putting orders into market?

What type of orders you use so that you can get 10 orders in before MT4 can get 1 in.

Also, GFT is planning to offer MT4 soon and I don't like that.

Thanks for you time
http://cdn.forexfactory.com/images/s.../yim/happy.gif
Quote:
Originally Posted by cloggie http://cdn.forexfactory.com/images/buttons/viewpost.gif
I don't think you could find a platform with more latency build in then MT4. It is fun to use for charts and visual aids, but as an order platform it is the slowest and worst available out there. I can get 10 trades opened and running before your MT4 request is even received by the server.

Do some latency testing on different platforms and you will soon find out what I mean.
  • #333,818
  • Nov 27, 2010 1:40pm Nov 27, 2010 1:40pm
Quoting egkid
Hi bro
Last time we talked i think u was short aud/u i don't know if this short term or long but want tell u something
IF the world get better commodity will get better if the world not get better and keep printing money commodity will get better so in long run commodity currency will not go down just correction.
As always This my view and i could b wrong.
GL
Heya wormy! Agree with you but have entered a short on the break of this H&S (complex ) and got s/l to BE...

Looking to around 9438 (fib extension) but am watching closely... We got some statements about rates this week which could also weigh on AUD but will see...
Attached Image (click to enlarge)
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@pawpaw1000 on Twitter
  • #333,819
  • Nov 27, 2010 1:43pm Nov 27, 2010 1:43pm
Quoting grashid
?
If the world gets better, demand for metals and raw materials increase...

If the world deteriorate, countries print money, Gold and Silver and other commodities rise as their real value stays the same while currencies devalue...
@pawpaw1000 on Twitter
  • #333,820
  • Nov 27, 2010 1:51pm Nov 27, 2010 1:51pm
Quoting roxen99
sry bt i hv also followed your bearish posts since start of sept.finally price got some mercy on you at this age of your career
Well. All I have to say is good luck, and Godspeed.




And, thank you for your continuing contributions to the accounts of the senior members on this board. Please feel free to ramp your leverage at will.
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