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  • #348,901
  • Dec 20, 2010 6:18am Dec 20, 2010 6:18am
Quoting fx|green
Rudeness is never nice.



Witty comebacks to instigation is fine. Rudeness is never OK
Rudeness = bad.

Lying by saying that you and your friends are putting up 25 billion on the long side in the market is OK.

Got it. Have you considered a career in politics? I'd hate to see your talent wasted on FOREX.
  • #348,902
  • Dec 20, 2010 6:19am Dec 20, 2010 6:19am
Quoting iflyjetzzz
Rudeness = bad.

Lying by saying that you and your friends are putting up 25 billion on the long side in the market is OK.

Got it. Have you considered a career in politics? I'd hate to see your talent wasted on FOREX.
Yeah, thats pretty rude and misleading
  • #348,903
  • Dec 20, 2010 6:20am Dec 20, 2010 6:20am
Quoting PipChick
Weekly channel is holding for now. May be going to test the h4 neck line
Your posts have quality. Nice take, though for my taste its too much of a distant view. Considering how small a play I am going for.

Still valid. Thank you!
  • #348,904
  • Dec 20, 2010 6:20am Dec 20, 2010 6:20am
Quoting fx|green
Your posts have quality. Nice take, though for my taste its too much of a distant view. Considering how small a play I am going for.

Still valid. Thank you!
How many pips are you looking for?
  • #348,905
  • Dec 20, 2010 6:20am Dec 20, 2010 6:20am
Nothing is going to happen today.
What do you guys think?
  • #348,906
  • Dec 20, 2010 6:23am Dec 20, 2010 6:23am
Quoting fx|green
Your posts have quality. Nice take, though for my taste its too much of a distant view. Considering how small a play I am going for.

Still valid. Thank you!
The test of the h1 50 ema and h4 NL and m5 inverse is only 30 pips away so I was wondering is your target smaller than that? Cuz 30 pips isnt very distant.
  • #348,907
  • Dec 20, 2010 6:23am Dec 20, 2010 6:23am
Quoting DudeSepii
This i totally agree...but sadly some are just educated or brought up that way i guess.
Well, I think it's more to do with common sense.
  • #348,908
  • Dec 20, 2010 6:23am Dec 20, 2010 6:23am
Quoting Linus78
Nothing is going to happen today.
What do you guys think?
Let's see what New York has to offer 1st.
  • #348,909
  • Dec 20, 2010 6:24am Dec 20, 2010 6:24am
Quoting PipChick
Yeah, thats pretty rude and misleading
Madam, do you know how far 10:1 leverage can go?

Certainly not misleading. And thats not even decent size when the market gets rolling.

If you want more confirmation , talk to some more chaps who have lived in the Interbank market.

When the market is dull and during early week trade and asia session, yes. I can sweep out people scalping and so forth.

Come Frankfurt and going into NY. I am a small small fish. That is not misleading and frankly a joke of a position size compared to what a small fund can do. Keep in mind it is leveraged and its a handful of traders who can have an aggregate position of that amount.

Half the time we are laughing on Skype because we cannot get out fills. We have to keep moving up bids to buy any dip we can get or slappign down any spike with offers.

Just....talk to more people in the interbank, they will say thats nothing.

An ordinary Joe can just buy 10-20 million with 100:1 leverage like its nothing. Thats 100 standard lots.


Besides I get a feel for what I wanna do buy calling a few guys I know on the desks of many of the clearers to see how much interest there is and if any of them can make my whole order. Thats when I go in with much bigger size.
  • #348,910
  • Dec 20, 2010 6:25am Dec 20, 2010 6:25am
Quoting PipChick
How many pips are you looking for?
Post is a few pages back. Clearly laid out my game plan.
  • #348,911
  • Dec 20, 2010 6:25am Dec 20, 2010 6:25am
Quoting Linus78
Nothing is going to happen today.
What do you guys think?
volume is about to double and we have at least 7 session hours..
if you are lucky to catch 50 pips that would be good for the pocket for a monday and holiday week.

good luck
  • #348,912
  • Dec 20, 2010 6:26am Dec 20, 2010 6:26am
Quoting fx|green
Madam, do you know how far 10:1 leverage can go?

Certainly not misleading. And thats not even decent size when the market gets rolling.

If you want more confirmation , talk to some more chaps who have lived in the Interbank market.

When the market is dull and during early week trade and asia session, yes. I can sweep out people scalping and so forth.

Come Frankfurt and going into NY. I am a small small fish. That is not misleading and frankly a joke of a position size compared to what a small fund can do. Keep in mind it is leveraged and its...
My question was...how many pips are you going for? Whats your target?
  • #348,913
  • Dec 20, 2010 6:26am Dec 20, 2010 6:26am
Quoting iflyjetzzz
Rudeness = bad.

Lying by saying that you and your friends are putting up 25 billion on the long side in the market is OK.

Got it. Have you considered a career in politics? I'd hate to see your talent wasted on FOREX.
Come on, no harm in a little banter.
  • #348,914
  • Dec 20, 2010 6:26am Dec 20, 2010 6:26am
Quoting fx|green
Post is a few pages back. Clearly laid out my game plan.
I dont recall seeing a target tho on your post. Did I miss it?
  • #348,915
  • Dec 20, 2010 6:28am Dec 20, 2010 6:28am
500M just went through @ 68, now that is aggressive. Probably some broker realizing they are gonna get creamed if they keep frontrunning their clients.

lol watch a squeeze come just for them...
  • #348,916
  • Dec 20, 2010 6:29am Dec 20, 2010 6:29am
I expect EU to retest 1.3187 a few times before heading lower
over the next 1-2 days.
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  • #348,917
  • Dec 20, 2010 6:30am Dec 20, 2010 6:30am
Quoting fx|green
Post is a few pages back. Clearly laid out my game plan.
Why I am asking what your target is, is that I was wondering if you were coming on here scaring "less experienced" traders out of their shorts for 10 pips? Ya know, someone can be short and withstand a 10 pip drawdown (lol) and would not need to get out of their short. So screaming "get out of your shorts" would be a naughty thing to do unless you are looking for some decent upmove.
  • #348,918
  • Dec 20, 2010 6:31am Dec 20, 2010 6:31am
3120 or 3200 range play wont be a bad price until the us equity markets open
  • #348,919
  • Dec 20, 2010 6:31am Dec 20, 2010 6:31am
Quoting Linus78
I expect EU to retest 1.3187 a few times before heading lower
over the next 1-2 days.
Pretty neat HUD you have there.
  • #348,920
  • Dec 20, 2010 6:31am Dec 20, 2010 6:31am
I hardly ever go more than 20:1. Slippage can ruin me.

Trade long enough, you well get slipped by a figure one day and man o man will you regret.

500:1 is statistical suicide. If you use that thing to the hilt .. I mean margining a bulk of your account.



Ever hear of any business offering a bonus to deposit with them? Think about it, they make bank on almost all retail clients. That leverage is suicide. First and last warning regarding that. You do not need more than 30:1 and you certainly do not need to use all of it all the time.
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