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  • #400,641
  • Mar 3, 2011 8:56pm Mar 3, 2011 8:56pm
Quoting pkimnyc
holi cow....
there is a lot of that going on.. turn down the volume and observe. the amount of vouches don't matter.
those who can, do. those who cant, talk about those who can
  • #400,642
  • Mar 3, 2011 8:57pm Mar 3, 2011 8:57pm
My forecast for NFP

euro will dip sharply, BUY THIS DIP

target will be 3957 or 4018

I will look to buy around 3900 or 3887

Reason:

  1. US will not talk about rates till June
  2. ECB can begin as early as next month
  3. UK will follow 1 month after ECB move.

enjoy NFP

try not to be caught on the shorts, try to buy as low as it can get, do not enter early.

  • #400,643
  • Mar 3, 2011 8:58pm Mar 3, 2011 8:58pm
Quoting gatorinla
the amount of vouches don't matter.
can't agree more.
  • #400,644
  • Mar 3, 2011 8:59pm Mar 3, 2011 8:59pm
Quoting gatorinla
#399926 why?
did i question you when you were long at 383x then we dipped to 374x. and later you posted you made a truck full? #397849

Yes you are correct, i was long at 3807 actually, and continually to add in my units. here is some proof. OH, and I was just being sarcastic about "are you serious." I just haven't seen you this patient before...

Quoting PipPipPip
Went in at 1.3807 for a short long run.

Quoting PipPipPip
3845 on the way.

Quoting PipPipPip
i am staying cool. there is some really crazy doji fakes and some weird pa going on.

Quoting PipPipPip
i held my long from 3806 before 2/28 closed, and took in +45 pips. waited to retract back down to 3800 and going at it again with a TIGHT sl. if no break at 39xx, we might see a retraction back to 34xx, and this is given the current fundamentals of eu. trade safe. tight sl. wooooo
Quoting PipPipPip
tight sl @ 3705. crazy beginning day. still in long position
  • #400,645
  • Mar 3, 2011 9:02pm Mar 3, 2011 9:02pm
Quoting acetrader
bjcool,

I got the facts right & the fact is California is deep in debt & will surely need one of those nice bailouts the your prez o seems so fond of passing around without even considering the consequences.

As for Palin......you mentioned her, NOT me......I know she has you liberal
bedwetters running for the hills....
ace

facts
http://www.ritholtz.com/blog/wp-cont...their-debt.png

http://www.walletpop.com/2010/04/05/...ings-for-2010/

This one is nice has big pic's for stupid people like me
http://www.visualeconomics.com/calif...ld_2010-05-10/


"As for Palin......you mentioned her, NOT me......I know she has you liberal
bedwetters running for the hills."

Now im a bedwetter. One thing, im laughing all the way to the hills,

But anyways, This has nothing to do with forex.

This was all brought up over obital and post about the US debt celling. Like i told him the teabaggers are making this an issue to save face but will cave in. they will raise the debt celling.
  • #400,646
  • Mar 3, 2011 9:03pm Mar 3, 2011 9:03pm
and well of course, i exited the trade this morning taking in +200pips for a 4 day trade. A weak 4 day trade. I didn't expect the many bounces.
  • #400,647
  • Mar 3, 2011 9:05pm Mar 3, 2011 9:05pm
Quoting PunjabiSher
My forecast for NFP

euro will dip sharply, BUY THIS DIP

target will be 3957 or 4018

I will look to buy around 3900 or 3887

Reason:

  1. US will not talk about rates till June
  2. ECB can begin as early as next month
  3. UK will follow 1 month after ECB move.

enjoy NFP

try not to be caught on the shorts, try to buy as low as it can get, do not enter early.

thanks for the info,im currently in a short btw,maybe 3920 area
Money is made by sitting, not trading. Jesse L. Livermore
  • #400,648
  • Mar 3, 2011 9:05pm Mar 3, 2011 9:05pm
Quoting PipPipPip
Yes you are correct, i was long at 3807 actually, and continually to add in my units. here is some proof. OH, and I was just being sarcastic about "are you serious." I just haven't seen you this patient before...
i should not be trading tonight.. pre nfp.. its rare to see a #1 target so far away.. the bulls dont care.. they left the bears a long leash.. they dont have to protect for a while. so i will try to collect a few of the scraps.
those who can, do. those who cant, talk about those who can
  • #400,649
  • Mar 3, 2011 9:14pm Mar 3, 2011 9:14pm
Quoting gatorinla
i should not be trading tonight.. pre nfp.. its rare to see a #1 target so far away.. the bulls dont care.. they left the bears a long leash.. they dont have to protect for a while. so i will try to collect a few of the scraps.
Becareful dude. i am a little skeptical of the bounce. I do not have any available resources to pick up scraps, but when freed up, scraps are the best when you pick it right. we have another 45 until day closes
  • #400,650
  • Mar 3, 2011 9:16pm Mar 3, 2011 9:16pm
for now; but yeeeee harrrr, got some dough to buy some gas and drive my vw van to the beach to take a shower! woo woo! god i hate my life...
  • #400,651
  • Mar 3, 2011 9:22pm Mar 3, 2011 9:22pm
Is it possible to add some longs @ 1.3881
Read the chart... Fundies are catalyst...
  • #400,652
  • Mar 3, 2011 9:26pm Mar 3, 2011 9:26pm
Quoting PipPipPip
i had the best trade tonight at mcdonalds. a women donated $20 to me. . She asked me if i was hungry, and she said that she was willing to buy me a meal. I asked her if I looked like I needed help. She said, no! I smelled myself, and remember i forgot to clean my van (where I live) and shave for one week. I was also looking very depressed i guess.... but some how she knew I was struggling. we had a chit chat about life, and the old lady knew I was either homeless, or I live in a car. Before she left, she handed me a $20 bill! woo woo. I don't...
dude the lady realized you having been making little or no pips...and your office is your van

happy pips and may it be green
  • #400,653
  • Mar 3, 2011 9:27pm Mar 3, 2011 9:27pm
Quoting sam69
thanks for the info,im currently in a short btw,maybe 3920 area
there is 1 more thing to this scenario

RSX 1hour, 4 hour, daily hates longs
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  • #400,654
  • Mar 3, 2011 9:28pm Mar 3, 2011 9:28pm
Quoting PipPipPip
for now; but yeeeee harrrr, got some dough to buy some gas and drive my vw van to the beach to take a shower! woo woo! god i hate my life...
Get enough gas to get to North Dakota. Jobs can be found.
  • #400,655
  • Mar 3, 2011 9:35pm Mar 3, 2011 9:35pm
Quoting PipPipPip
for now; but yeeeee harrrr, got some dough to buy some gas and drive my vw van to the beach to take a shower! woo woo! god i hate my life...
nfp is coming. ecb hinted they were gonna raise. if employment is better then expected that will be a usd hint. i don't know how it will come down. ill just wait for the smoke to clear. until then i risk 20 and maybe i move sl up... 3808 is reasonable.
i will say this.. my beer sales are up the last 2 weeks. by 4x.
those who can, do. those who cant, talk about those who can
  • #400,656
  • Mar 3, 2011 9:36pm Mar 3, 2011 9:36pm
I just made 1 pip.

But I need to get back to my lady.
Attached Image (click to enlarge)
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New voice message: Why are you calling me? If I need you, I'll call you!
  • #400,657
  • Mar 3, 2011 9:39pm Mar 3, 2011 9:39pm
Ok, so in my bid to learn more fundamentals,

Someone please explain to me NFP.

As I understand it, news leading to NFP has been good. So there is high likelyhood that tonight is going to be good for the USD.

However, last night trichet said some radical stuff about euro rate hikes.

So im confused at the moment. Assuming that NFP numbers turn out good as we all expect, are we going to see a 5min red candle on EU? Or does trichet's speech have more importance? I can't seem to understand.

Also, good can mean a lot of things, not everyone thinks my good is the "good" that everyone else is thinking of. So how do you interpret whats good or not?

Someone teach me plx >_<
  • #400,658
  • Mar 3, 2011 9:41pm Mar 3, 2011 9:41pm
EUR is waiting for the NFP. If it is dollar negative...the EUR is going for the 4281 high.
  • #400,659
  • Mar 3, 2011 9:44pm Mar 3, 2011 9:44pm
Quoting thelws
Ok, so in my bid to learn more fundamentals,

Someone please explain to me NFP.

As I understand it, news leading to NFP has been good. So there is high likelyhood that tonight is going to be good for the USD.

However, last night trichet said some radical stuff about euro rate hikes.

So im confused at the moment. Assuming that NFP numbers turn out good as we all expect, are we going to see a 5min red candle on EU? Or does trichet's speech have more importance? I can't seem to understand.

Also, good can mean a lot of things, not everyone...
think you are in the wrong thread to ask fundies. there are few in this thread who thinks they trade fundies. my suggestion to you, have a deep pocket if you are thinking to trade fundies because even with 70-100 sl is not gonna cut it, imo.
  • #400,660
  • Mar 3, 2011 9:54pm Mar 3, 2011 9:54pm
Quoting thelws
Ok, so in my bid to learn more fundamentals,

Someone please explain to me NFP.

As I understand it, news leading to NFP has been good. So there is high likelyhood that tonight is going to be good for the USD.

However, last night trichet said some radical stuff about euro rate hikes.

So im confused at the moment. Assuming that NFP numbers turn out good as we all expect, are we going to see a 5min red candle on EU? Or does trichet's speech have more importance? I can't seem to understand.

Also, good can mean a lot of things, not everyone thinks...
1000 to 5000 pip SL and you can trade based on fundamentals
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