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  • #347,421
  • Dec 16, 2010 12:48pm Dec 16, 2010 12:48pm
Quoting Texaspips
LOL, after looking at all your post, your a forecast kiddie ... all you do is look at forecast, copy it, put some meaningless 2cd grade B.S. on your screen and hang it on the wall.

Nothing in depth, nothing past a 2cd grade education.

Are you being serious?

and you didn't answer the question, kid, how do you know so much about sh!t smudges?
You best be checking back a little further here Ace and start to recognize that what you may view as fantastic trading in your world of dimes really doesn't compare to the real world that some of us trade in.

It seems that the people that have no comprehension of what indicators are or do are the first ones screaming that they don't need them. The people that rapid fire dogshit trades and close on dimes are the ones screaming how great they are.

Could you at least try to be original?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #347,422
  • Dec 16, 2010 12:49pm Dec 16, 2010 12:49pm
Quoting Texaspips
Sorry, I have to disagree there. They trade through a centralized network and they pay a lot of money to do so. The 'contacts' you are referring to ... wait, let me ask you this.

are you assuming they have contacts, or do you know 100% for sure they have contacts?

I refuse to believe they do. Just like no one knows your trades you are conducting but your bank that you are trading with.
You're joking right? Spend years in an industry and then leave... you don't have friends that are still there? Perhaps you don't... perhaps you're a horrible person and nobody likes you and smiles at the fact that they're no longer obligated to ever speak to you again.

If I'm a stock trader at a big bank for 20 years and leave to go trade on my own hook, you don't think I can tap my buddies that I spent 20 years trading with and phoning for orders?!!?!? Man, ignorance is truly taking on a new life in this forum!
check out my blog: forexmademillionaire dot com
  • #347,423
  • Dec 16, 2010 12:50pm Dec 16, 2010 12:50pm
Quoting T@rantula
The charts are definitely bearish. 1 glance everything is clear
i just don't want a I cup and handle.
swing pullback here suggest below 1.2062 k=kk
abc 1.0975
Attached Image
those who can, do. those who cant, talk about those who can
  • #347,424
  • Dec 16, 2010 12:53pm Dec 16, 2010 12:53pm
Quoting Magix
You best be checking back a little further here Ace and start to recognize that what you may view as fantastic trading in your world of dimes really doesn't compare to the real world that some of us trade in.

It seems that the people that have no comprehension of what indicators are or do are the first ones screaming that they don't need them. The people that rapid fire dogshit trades and close on dimes are the ones screaming how great they are.

Could you at least try to be original?
Welcome to ignore, and says the one who was just learning about 'Ichimoku' a year ago on the DailyFX forums.

& looking at your charts, they are the analysis of lagging indicators & a 3rd grade art class. Nothing more. I read through your stuff, I am not impressed, End of story, You are ignored! good day.

Your only defense is to cut others down and make it personal! your a winner in my book!
In a world of Bulls & Bears ... I'm a Motha Fkn T-Rex
  • #347,425
  • Dec 16, 2010 12:56pm Dec 16, 2010 12:56pm
seems like time to close shorts :/
  • #347,426
  • Dec 16, 2010 12:58pm Dec 16, 2010 12:58pm
Quoting Geppy
You're joking right? Spend years in an industry and then leave... you don't have friends that are still there? Perhaps you don't... perhaps you're a horrible person and nobody likes you and smiles at the fact that they're no longer obligated to ever speak to you again.

If I'm a stock trader at a big bank for 20 years and leave to go trade on my own hook, you don't think I can tap my buddies that I spent 20 years trading with and phoning for orders?!!?!? Man, ignorance is truly taking on a new life in this forum!
No, I thought we were talking about the big banks/big players, etc., there are no more then a handful of 'big players' in the world, and the few that are in control of the 10 mil + trades are a select few at that point.

Let me rephrase what I am saying, if someone had access to that information, they would be making plenty of money. Especially sense there is no such thing as 'insider trading' with Forex.

You don't think that your 'legally binding contract' with the bank you trade with doesn't have a life-time disclosure with it?

I am just saying, someone with that information isn't going to go 'retire' and then spread the news and hoping not to have a lawsuit opened. If you work for my business & I have you trade with my business's money & I have you legally agree to never spread that information ... and then you retire and blog on a website my business's information ... we will see each other in court.

I am not saying that no contacts exist or info ins't passed, I am saying I would put my money on it that the information out there isn't public.

Some of those agreements, with the way money is tied to gov't, can be criminal acts punishable with jail-time & hefty fines.
In a world of Bulls & Bears ... I'm a Motha Fkn T-Rex
  • #347,427
  • Dec 16, 2010 1:01pm Dec 16, 2010 1:01pm
Quoting Geppy
Let's put conspiracy theories aside for a moment and take a stab at a logical explanation first...

China is a huge player in the currency markets, that's no secret....
i was shooting at the implication that someone is buying.. so we all should buy ..aiming at, saying "china is buying" suggestion. not the mechanics of a large buy has.. sure they could liquidate a fund in plain view for all to c. to get sheep momentum. then in another larger fund (or many smaller funds) be doing just the opposite.

btw hour closed below 3215
those who can, do. those who cant, talk about those who can
  • #347,428
  • Dec 16, 2010 1:04pm Dec 16, 2010 1:04pm
Quoting Texaspips
No, I thought we were talking about the big banks/big players, etc., there are no more then a handful of 'big players' in the world, and the few that are in control of the 10 mil + trades are a select few at that point.

Let me rephrase what I am saying, if someone had access to that information, they would be making plenty of money....
You're wrong on so many points in this post that it's beyond laughable. I can't justify responding to them because it's clear who you are... You're a very new trader and very insecure. It's apparent you've come to this thread to try and make a name for yourself. Unfortunately your "angle" is to try and stir the pot and raise controversy and debate. That would be alright, maybe even acceptable... but it's blatantly obvious that you know very little (that's being generous) about FX, trading, or how things work. Spend some time trading FX for a hedge fund or bank. I think that's the only way your stubborn mindedness is going to figure out how wrong you really are.

Good luck.
check out my blog: forexmademillionaire dot com
  • #347,429
  • Dec 16, 2010 1:05pm Dec 16, 2010 1:05pm
Quoting gatorinla
i was shooting at the implication that someone is buying.. so we all should buy ..aiming at, saying "china is buying" suggestion. not the mechanics of a large buy has.. sure they could liquidate a fund in plain view for all to c. to get sheep momentum. then in another larger fund (or many smaller funds) be doing just the opposite.

btw hour closed below 3215
Yes, I see that... with pretty convincing momentum/follow-through too!
check out my blog: forexmademillionaire dot com
  • #347,430
  • Dec 16, 2010 1:10pm Dec 16, 2010 1:10pm
Quoting Geppy
You're wrong on so many points in this post that it's beyond laughable....
You have yet to explain anything but a conspiracy theory.

When you buy something, someone has to sell it. Exact same as currency or stock.

Looking through your post & attachments, it is just trend line drawings & your entry & exit points. Nothing in particular.

As far as the banks are concerned, they trade money and they do it discretely if they want to.

Let me ask you this,

Don't give me an assumption or a scenario.

Provide me a link to back-up and prove what you are saying? that is all I am asking for.
In a world of Bulls & Bears ... I'm a Motha Fkn T-Rex
  • #347,431
  • Dec 16, 2010 1:11pm Dec 16, 2010 1:11pm
Quoting Geppy
Yes, I see that... with pretty convincing momentum/follow-through too!
its late in the day and the week.. who knows what will or not happen over the weekend. today seems to be done. lets see where the day and week close ends..a surprise dive would be a good ending for my way of thinking.
those who can, do. those who cant, talk about those who can
  • #347,432
  • Dec 16, 2010 1:11pm Dec 16, 2010 1:11pm
Quoting Texaspips
.. Especially sense there is no such thing as 'insider trading' with Forex..
There is.. It happens all the time but it's legal. So in a sense you are correct.
  • #347,433
  • Dec 16, 2010 1:13pm Dec 16, 2010 1:13pm
whatever it do next target set 3137 & 3060 & go sl at be .will check next morning .
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #347,434
  • Dec 16, 2010 1:20pm Dec 16, 2010 1:20pm
Ok, wright 100 times: I won't trade again in december, i won't trade again in december, i won't trade again in december, i won't trade again in december, i won't trade again in december, i won't...
  • #347,435
  • Dec 16, 2010 1:21pm Dec 16, 2010 1:21pm
Quoting Martingale
Ok, wright 100 times: I won't trade again in december, i won't trade again in december, i won't trade again in december, i won't trade again in december, i won't trade again in december, i won't...
just hedge and keep the break through or bounce.
In a world of Bulls & Bears ... I'm a Motha Fkn T-Rex
  • #347,436
  • Dec 16, 2010 1:22pm Dec 16, 2010 1:22pm
Quoting Geppy
Point me in the direction of PR stating banks that are selling or buying currencies. It's from news sites like Forexlive.com that post these things. They get them from contacts after years and years of being in the industry. It's called "who you know" and "friends" that whisper in your ear when they put large orders in for them.

SHEEESH!

Goldman will sometimes have news releases saying crap about different currencies, but those are blatant news releases... not like these whispers AT ALL!

You should try something called a Bloomberg / Reuters / EBS terminal. You can chat with your counterparty! or call him/her!

Reuters is free at most places if you do over 2,500-4,000 standard lots a month. You can get an idea of how much your transaction will have impact on the overall market price.

It's also easier to detect iceberged orders or someone trying to work a large order on the bid/ask; who is taking liquidity who is providing it, etc. What chatter your broker is hearing, etc. Ya gotta remember that the broker is just another kind of trader, but his primary strategy is making decisions based on his clients actions via matching/internalization and does not necessarily always take the other side of your trade so it's good to be friends / communicate / make money consistently so that the broker is more apt being open and casual with you.
  • #347,437
  • Dec 16, 2010 1:22pm Dec 16, 2010 1:22pm
Quoting Texaspips
just hedge and keep the break through or bounce.
doing that... but I am getting quite bored!
  • #347,438
  • Dec 16, 2010 1:23pm Dec 16, 2010 1:23pm
the last spike caused another possible h/s.. with a neckline descending currently about 3169.. with r shoulder curently under construction 1 hour tf.. same as earlier crap.. bears need a new low..
those who can, do. those who cant, talk about those who can
  • #347,439
  • Dec 16, 2010 1:28pm Dec 16, 2010 1:28pm
Well, this explains a lot...

We all thought he was new and had a chip on his shoulder...

When in actuality he just changed his name and has the same chip on his shoulder....

lol
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #347,440
  • Dec 16, 2010 1:28pm Dec 16, 2010 1:28pm
Push to 1.3378 on it's way. new lows would not surprise anyone. good luck
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