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  • #377,801
  • Feb 2, 2011 6:18am Feb 2, 2011 6:18am
Quoting Shah22
Yes sometime our reactions are against us.. last day with me and today with you.. but i beleive you will be cover it soon..
I will, but maybe after ADP.

Risk demand is still high and this movement is c..p.
But i dont worry 2 much. 160 pips total in last 3 days.
  • #377,802
  • Feb 2, 2011 6:19am Feb 2, 2011 6:19am
Quoting damo
I agree. With a spike like this without news i'm guessing a big seller dropped a load on the market before news.
Or a market playing its fake game before news announcements.

Technically NOT validated by any means.
  • #377,803
  • Feb 2, 2011 6:21am Feb 2, 2011 6:21am
Quoting T@rantula
Or a market playing its fake game before news announcements.

Technically NOT validated by any means.
not true, t.

and you realized that ireland just got downgraded?
  • #377,804
  • Feb 2, 2011 6:21am Feb 2, 2011 6:21am
anyway cable thread offers far more funny stuff , todays best :

http://www.forexfactory.com/showpost...stcount=270798
Hero calls followed by margin calls...
  • #377,805
  • Feb 2, 2011 6:21am Feb 2, 2011 6:21am
Quoting PhAnTi'
how many of us ( including me,excluding T ) switch bull bias into bear bias after friday close rally? and what did monday and tuesday bring to us so far?....
I never made my bias.. because according to me every second the move is different. new day new move.. i just trade my levels.. but yes after friday rally so many here who with bears.. even at monday morning i see some fight between two respected memeber at here on FF and both stop losses hit
Monday was the month end and Tuesday was the month start.. so as we see both are the unexpected days in previous too..

In front of me to get the loss never matters.. but disciplined in your trading always matters..
  • #377,806
  • Feb 2, 2011 6:22am Feb 2, 2011 6:22am
Quoting PhAnTi'
long 3792 , sl 3785, tp around 3815.

dont call.....or kurti will kill me again.

lol.

keep that long till 3830 ...i`m in it too..sl=be
i wouldnt move sl=be so soon...but those news...hmm
  • #377,807
  • Feb 2, 2011 6:22am Feb 2, 2011 6:22am
Quoting Dr.Geppynius
for your health you should leave this thread and only come here from time to time. just as a contrarian confirmation.
Hello Dr, did he leave the Cable Update thread for this same reason ?
  • #377,808
  • Feb 2, 2011 6:23am Feb 2, 2011 6:23am
Quoting Shah22
I never made my bias.. because according to me every second the move is different. new day new move.. i just trade my levels.. but yes after friday rally so many here who with bears.. even at monday morning i see some fight between two respected memeber at here on FF and both stop losses hit
Monday was the month end and Tuesday was the month start.. so as we see both are the unexpected days in previous too..

In front of me to get the loss never matters.. but disciplined in your trading always matters..
also according to fundies i expected a far weaker euro on january.....
ireland,greece,spain etc.

thats the game, if you dont try to play it,you'll lose it
Hero calls followed by margin calls...
  • #377,809
  • Feb 2, 2011 6:24am Feb 2, 2011 6:24am
Quoting damo
I agree. With a spike like this without news i'm guessing a big seller dropped a load on the market before news.
Nonsense. Of course there were more sellers than buyers who decided/needed to trade in that particular time span, but there is absolutely no need for a single big entity for spikes to happen in the market. The markets are mostly ruled by nonlinear dynamics.
  • #377,810
  • Feb 2, 2011 6:24am Feb 2, 2011 6:24am
Quoting PhAnTi'
long 3792 , sl 3785, tp around 3815.

dont call.....or kurti will kill me again.

lol.
banked 13. dont like PA on 3808 lvl.
Hero calls followed by margin calls...
  • #377,811
  • Feb 2, 2011 6:24am Feb 2, 2011 6:24am
Hello vilas, why not ask him. i have no idea where he is active.

Quoting vilas
Hello Dr, did he leave the Cable Update thread for this same reason ?
  • #377,812
  • Feb 2, 2011 6:24am Feb 2, 2011 6:24am
Quoting usernamehere
Thank YOU. Just spiked below...lets see what happens.
your definition should be based on the timeframe you trade and your risk reward.

It's just done a retest of overnight support as new resistance and so far held, price action is the clue, how is it behaving around the level? Price action is a visual representation of order flow, or as Sam Seiden puts it, the demand supply equation continuously working itself out...
  • #377,813
  • Feb 2, 2011 6:25am Feb 2, 2011 6:25am
Quoting bradu

keep that long till 3830 ...i`m in it too..sl=be
i wouldnt move sl=be so soon...but those news...hmm
banked.
Hero calls followed by margin calls...
  • #377,814
  • Feb 2, 2011 6:25am Feb 2, 2011 6:25am
  •  damo
  • | Joined Aug 2010 | Status: Chart Pattern & Trend Trader | 217 Posts
Quoting T@rantula
Or a market playing its fake game before news announcements.

Technically NOT validated by any means.
Hmmm. Trigger stops and buy it back cheaper.
Trade what you see, not what you think.
  • #377,815
  • Feb 2, 2011 6:26am Feb 2, 2011 6:26am
I totally agree. I just wanted to express that a random thought with no chart to explain that thought process is not going to help anyone.

But yes of course you are right, we do not know market direction and for that reason alone, the only way to truly make consistent profits is through correct money management.
Trade price action
  • #377,816
  • Feb 2, 2011 6:26am Feb 2, 2011 6:26am
Quoting PhAnTi'
banked 13. dont like PA on 3808 lvl.
Good.. that was my bounce target and its completed.. low breaking again.. lets see.. support is still on 3786 and 3767..
  • #377,817
  • Feb 2, 2011 6:26am Feb 2, 2011 6:26am
Quoting cloggie
I posted exactly where the last bounce happened and got nothing but sh!t from the muppets that could not see what was staring them in the face. Everytime a few traders here start talking sense, the muppets just spoil it for the rest.
Caught the bounce, thanks for calling it out. Caught a nice amount of pips from it. Now waiting for the D-PP to be broken (3791) before I rejoin.

Don't let the Muppets bug you... especially the ones that can't spell.
What we obtain too cheap, we esteem too lightly.
  • #377,818
  • Feb 2, 2011 6:27am Feb 2, 2011 6:27am
Quoting Robert99
Since January 1, 2011 and late in December 2010 it seemed that the Portugal, Ireland, Spain debt issue was not a concern to the ECB and Germany. The US Dollar Index was going down and of course with 57.6 % of the Index EUR/USD has moved over the November 22, 2010 HIGH of 1.3786.

Notice how Gold has sold off even with the US Dollar Index down. Yet Oil is above $91.00 US.

The first hint of a NEW arrangement was the announcement that China has funded Portugal directly for One Billion Two Hundred Million in early January 2011.

Germany was backstopping...
I posted this for you yesterday and since I am not sure you saw it I am taking the liberty of posting it again. I really adhere to this point of view as it explains the movement of Gold and Euro in a very clear and logical way for me.
  • #377,819
  • Feb 2, 2011 6:27am Feb 2, 2011 6:27am
Quoting Mr Hatch
not true, t.

and you realized that ireland just got downgraded?
Ok.not true for you.

For me its true.
  • #377,820
  • Feb 2, 2011 6:27am Feb 2, 2011 6:27am
Quoting Shah22
Good.. that was my bounce target and its completed.. low breaking again.. lets see.. support is still on 3786 and 3767..
agree.
Hero calls followed by margin calls...
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