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  • #402,761
  • Mar 8, 2011 12:11pm Mar 8, 2011 12:11pm
Quoting kill56
same levels bro
right, only not trading now, just watching...
Look Sharp/Trade Tight
  • #402,762
  • Mar 8, 2011 12:14pm Mar 8, 2011 12:14pm
Quoting Redeemed1
Traders should be looking for opportunity to long. The pair has not given that much for a reversal.....I say bear trap!

Like I said....bear trap! This has all the makings of 1.42 by this time tomorrow. Asia almost always takes this pair up. China is anti-dollar, pro-euro for the time being, Murrey Math shows long, Quadaffi duck is talking about exit plan while fighting continues, OPEC is talking about raising output, lower oil is helping equities. It all points to risk on. This pair won't come down until somebody defaults or Fed changes its silly self defeating ways. Trichet will pile on the BS in the coming weeks like he did all spring last year. Great place here to hold a long for a while IMO-nuff said.
  • #402,763
  • Mar 8, 2011 12:15pm Mar 8, 2011 12:15pm
What do you think, do we have a chance t get down 1.3860s? or to cut my losses -50 pips

Quoting Texas.Rich
Irony?

J/K ... couldn't resist
  • #402,764
  • Mar 8, 2011 12:15pm Mar 8, 2011 12:15pm
Quoting T@rantula
6152 long for me I will see what happens in next hour
Still in different sides... lol .... I locked some intraday profit before London close but the core of the position is still targeting 1,609x good luck again mate.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #402,765
  • Mar 8, 2011 12:17pm Mar 8, 2011 12:17pm
385x very important area. if no break here, there will be a test up 425x this week, and possibly 45x next week.

if break here, than possibly 375x tested, and possibly down to 345x.

trade carefully. because i am.
  • #402,766
  • Mar 8, 2011 12:17pm Mar 8, 2011 12:17pm
Quoting Texas.Rich
Irony?

J/K ... couldn't resist
No...I think he is a good trader, sometimes he may overreact buy he knows what he does.

I think that particular +10V knows who he is. BTW, I never vouched for him, so he isnt on my +V list.
  • #402,767
  • Mar 8, 2011 12:19pm Mar 8, 2011 12:19pm
m15...
Attached Image (click to enlarge)
Click to Enlarge Name: EU.b.jpg Size: 302 KB
  • #402,768
  • Mar 8, 2011 12:19pm Mar 8, 2011 12:19pm
Quoting Redeemed1
Like I said....bear trap! This has all the makings of 1.42 by this time tomorrow. Asia almost always takes this pair up. China is anti-dollar, pro-euro for the time being, Murrey Math shows long, Quadaffi duck...
I have to kind of disagree with you ... China 'was' selling dollars but that was nothing more then their internal reserve system at work ... nothing economically driven.

They don't mind a stronger U.S. dollar as we pay them in U.S. dollars and they purchase 'energy' in U.S. dollars ...

So what are you basing the 'China is anti-dollar' off of?
  • #402,769
  • Mar 8, 2011 12:19pm Mar 8, 2011 12:19pm
Quoting T@rantula
No...I think he is a good trader, sometimes he may overreact buy he knows what he does.

I think that particular +10V knows who he is. BTW, I never vouched for him, so he isnt on my +V list.

lol thats me thanks
  • #402,770
  • Mar 8, 2011 12:19pm Mar 8, 2011 12:19pm
Quoting sisse
Still in different sides... lol .... I locked some intraday profit before London close but the core of the position is still targeting 1,609x good luck again mate.

sisse
Its not a problem when its a range trading. I might close it a little earlier but ill see..

Anyway +5 on GU and +35 on EU trades, not bad for today.

Ill tend to this trade and see where it will go.
  • #402,771
  • Mar 8, 2011 12:20pm Mar 8, 2011 12:20pm
Quoting kill56
lol thats me thanks
No mate its not you
  • #402,772
  • Mar 8, 2011 12:22pm Mar 8, 2011 12:22pm
Any FA on why the dollar is rallying right now?
  • #402,773
  • Mar 8, 2011 12:23pm Mar 8, 2011 12:23pm
Quoting T@rantula
No...I think he is a good trader, sometimes he may overreact buy he knows what he does.

I think that particular +10V knows who he is. BTW, I never vouched for him, so he isnt on my +V list.
I can already see this vouch thing is going to get annoying {no offense towards you ... that just seems to be the 'standard' around here & not actually knowing what you are doing}.

But I don't have an opinion on any one here as I don't know them ... I just noticed he ridicules a lot of people .. but I don't agree with that because new guys are ... new and the experienced 'were' new at some point.

I will have to read up more on this vouching system to make an opinion, I just never been in forums where a system like this takes place and I think it 'clouds' the true traders here.

If the 'v' system went away, then you can base opinion on someone's post instead of looking at the top-right corner.

Just my opinion, but I was joking around ... hopefully no offense taken, and good luck with your trades! I am going to just stick with trading metals for the rest of the week at this point until some fundies kick in ...
  • #402,774
  • Mar 8, 2011 12:24pm Mar 8, 2011 12:24pm
the dam ema200 0n m30 is holding for now
  • #402,775
  • Mar 8, 2011 12:24pm Mar 8, 2011 12:24pm
Quoting Good Fortune
It's all good. He makes some good posts and he's one of the few you won't forget.

Many of the other traders with all due respect to them will fade off into oblivion never to be seen or heard from again... Just the casualties of war....
Many more new fresh troops will come in to replace those casualties, the way FX is being advertised. Even football teams in the UK are sponsored by some bucket shops these days!
  • #402,776
  • Mar 8, 2011 12:25pm Mar 8, 2011 12:25pm
Quoting kill56
the dam ema200 0n m30 is holding for now
what is your strategy behind trading ma's, I like ma's as reference but not as the means to justify a trade?

are you just looking for the bounce ... s/r of the main ma's ?
  • #402,777
  • Mar 8, 2011 12:27pm Mar 8, 2011 12:27pm
Quoting Texas.Rich
I have to kind of disagree with you ... China 'was' selling dollars but that was nothing more then their internal reserve system at work ... nothing economically driven.

They don't mind a stronger U.S. dollar as we pay them in U.S. dollars and they purchase 'energy' in U.S. dollars ...

So what are you basing the 'China is anti-dollar' off of?
I think they are adding other currencies in record proportions to their treasury to insulate them from a USD that the world would rather see NOT be a reserve currency when the Feds policy has been to monetize...getting credit on your own debt over and over.
  • #402,778
  • Mar 8, 2011 12:28pm Mar 8, 2011 12:28pm
Quoting bbakker
Many more new fresh troops will come in to replace those casualties, the way FX is being advertised. Even football teams in the UK are sponsored by some bucket shops these days!
yeah lol, FX Pro sponsoring Fulham and West Brom, they must be making an absolute killing...
  • #402,779
  • Mar 8, 2011 12:36pm Mar 8, 2011 12:36pm
Quoting Texas.Rich
what is your strategy behind trading ma's, I like ma's as reference but not as the means to justify a trade?

are you just looking for the bounce ... s/r of the main ma's ?

mainly as S/R's plus i love cam's (camarilla) fib too , ema200 is the center of my trades
  • #402,780
  • Mar 8, 2011 12:36pm Mar 8, 2011 12:36pm
Quoting Redeemed1
I think they are adding other currencies in record proportions to their treasury to insulate them from a USD that the world would rather see NOT be a reserve currency when the Feds policy has been to monetize...getting credit on your own debt over and over.
So it is what you 'think' and not sourced?

Not argueing, just making sure this is 'opinion' and not sourced fact/news.

"Record proportions to their treasury" ... how do you know this?
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