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  • #360,841
  • Jan 7, 2011 10:31am Jan 7, 2011 10:31am
Why do I bother giving a play by play if there are still plenty buying the sucker bars?
  • #360,842
  • Jan 7, 2011 10:32am Jan 7, 2011 10:32am
Quoting cloggie
As planned. Longs are f@cked.
they might have a chance to break even if they are lucky if it close to here the 50's other wise

they are fooooooooooooooooked
  • #360,843
  • Jan 7, 2011 10:32am Jan 7, 2011 10:32am
Quoting piptornado
I hope it doesn't. I am one of the ones fooled to buy at 2952.

Ready to get the heck out of here as soon as I see it keep going down. Luckily, very small position.
out at 2953. +1

stupid move
  • #360,844
  • Jan 7, 2011 10:34am Jan 7, 2011 10:34am
Quoting cloggie
Why do I bother giving a play by play if there are still plenty buying the sucker bars?
lol
  • #360,845
  • Jan 7, 2011 10:34am Jan 7, 2011 10:34am
Quoting Mr Hatch
SNB No Longer Accepts Portuguese Bonds As Collateral For Repo
LONDON (MNI) – The Swiss National Bank confirmed on Friday market
talk that it is no longer accepts Portuguese bonds as collateral for
repo purposes.
“In principle, the National Bank monitors the ratings of
securities, and when they are downgraded below a certain level by the
rating agencies, they are excluded from the basket” of acceptable
collateral, a spokesman from the central bank explained.
Portugal was downgraded by Fitch on December 23 from AA- to A+.
The SNB announced...
these *@_*% Swiss. are they going to accept only chocolate now?
  • #360,846
  • Jan 7, 2011 10:36am Jan 7, 2011 10:36am
Quoting Martingale
these *@_*% Swiss. are they going to accept only chocolate now?

IT is the right thing to do, Portugal is the next with cap in hand looking for freebies at the IMF. Their auction this week was absolute cr@p with yields doubling in one day, the market is not interested in holding Portuguese debt unless they pay a serious premium.

I am expecting another downgrade this month of either their banks or their sovereign rating.
  • #360,847
  • Jan 7, 2011 10:38am Jan 7, 2011 10:38am
fucking hell mate is this going lower at the end of the day? come on mate. Shouldn't have closed my sell Fuck
  • #360,848
  • Jan 7, 2011 10:38am Jan 7, 2011 10:38am
Quoting cloggie
As planned. Longs are f@cked.

Hmmmm. Loving it.
  • #360,849
  • Jan 7, 2011 10:40am Jan 7, 2011 10:40am
This is an unusual landslide
  • #360,850
  • Jan 7, 2011 10:40am Jan 7, 2011 10:40am
I had probably the best week in years, not so much as pips or profit, but in terms of consistency. Today I was going to trash that. The only good thing I did today was go in with much smaller size on a trade I had missed already 2 times.

I see this as a good thing as it keeps me aware that I have not achieved anything yet and I have much to learn.

Off to pick up my son from preschool and start my weekend.

Once again, thanks cloggie and all who open my eyes everyday.
  • #360,851
  • Jan 7, 2011 10:41am Jan 7, 2011 10:41am
Quoting piptornado
I had probably the best week in years, not so much as pips or profit, but in terms of consistency. Today I was going to trash that. The only good thing I did today was go in with much smaller size on a trade I had missed already 2 times.

I see this as a good thing as it keeps me aware that I have not achieved anything yet and I have much to learn.

Off to pick up my son from preschool and start my weekend.

Once again, thanks cloggie and all who open my eyes everyday.

Just have a quick look at this price move, 20 down, failed retrace, 20 down, failed retrace, 20 down failed retrace, isn't it lovely how she behaves?
  • #360,852
  • Jan 7, 2011 10:42am Jan 7, 2011 10:42am
thats what i see..2915 comes.. but i already out with some small pip gain.. but thats okey.. because gain..
  • #360,853
  • Jan 7, 2011 10:42am Jan 7, 2011 10:42am
Quoting cloggie
Hmmmm. Loving it.

Bastard -

Lost a few pips going long.
Anyway, I was on the trail when we passed 2950. I was one of them, yeah!
  • #360,854
  • Jan 7, 2011 10:42am Jan 7, 2011 10:42am
Quoting kill56
looooooooooondooooooooooooooon

if london is going south then we might see lower lows i might be wrong

  • #360,855
  • Jan 7, 2011 10:42am Jan 7, 2011 10:42am
Quoting ssherwood76
This is an unusual landslide
why? London just left the room and the playing field is finally clean.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #360,856
  • Jan 7, 2011 10:42am Jan 7, 2011 10:42am
Couldn't resist

Quick short scalp. This SCISSOR is going down.

Forgot who mentioned it, but yes I'm on the 1M chart. Lots of practical reasons for that, but I do pay attention to DAY, 1H, 15M and 5M

I've learned over the past couple of months to get a feel for the swings ie. 20pip moves (or 19.5 points for you MMLers). So a 1M isn't too random anymore... well at least not how IGINDEX shows them to me.

But a sideways move still does kill me and I still have a hard time recognising it until about 3 moves. But lesson learned. I'm -5 today... considering this was my first NFP day.

Best of luck

p.s. Murrey Math levels have been invalidated. It should have redrawn the frame now. We're heading south. Look at Daily and 1H... (thanks Kill)!
A pip is only worth it if you know how much you risked to earn it
  • #360,857
  • Jan 7, 2011 10:42am Jan 7, 2011 10:42am
i need 3 more pips.
  • #360,858
  • Jan 7, 2011 10:44am Jan 7, 2011 10:44am
there is some strong support at this levels and it will hold for some time atleast : see the chart : its a TL support from december So we need much more stronger usd to break this at 1.2915 range " whats say ? ha
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finding A M S
  • #360,859
  • Jan 7, 2011 10:45am Jan 7, 2011 10:45am
Quoting Mr Hatch
i need 3 more pips.
break even and hold on to it hatch... this could break easily into lower 2800s and its goodbye.. unless you need the money
  • #360,860
  • Jan 7, 2011 10:46am Jan 7, 2011 10:46am
Quoting cloggie
Just have a quick look at this price move, 20 down, failed retrace, 20 down, failed retrace, 20 down failed retrace, isn't it lovely how she behaves?

Look what she is doing now.
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