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EURUSD

  • #408,281
  • Mar 16, 2011 5:46pm Mar 16, 2011 5:46pm
Quoting Martingale
I foresee many people in the City to have a long night in front of them. I just would like to say one thing:
there is a tiny line between being a good trader and to be an @$$hole. If we really want to get rich by destroying a country, please go on.. I am not on that boat. Then of course I know I don't count anything but I wish this idea could spread around.
Not a fair statement I, a newbie, was trading the trend and this occurred..330pips bagged....it hows the world operates.

There is always someone who wins and on the other end of the stick a bunch of others lose.
  • #408,282
  • Mar 16, 2011 5:46pm Mar 16, 2011 5:46pm
Quoting knuckledrag
Everyone can follow Cloggie off this cliff if they want, but your not seeing a trade short "end of the world" situation. The facts are plain, tear two markets have remove liquidity from the market. Until the dust settles trading is stupid. The sun will rise in the morning and there will be trades to be had. For now the side lines is the place to be.
Why are you telling me this? Did I say I was in a trade or did I say LOOK...the EU h4 chart is repeating what it did yesterday? So, I dont get your comments.
Maybe I missed something along the way.lol
  • #408,283
  • Mar 16, 2011 5:46pm Mar 16, 2011 5:46pm
Quoting cloggie
NO, no, no. I am usually the one coming down like a ton of bricks on them in here. I gave the headsup on the 78 line in the sand before the sh!t hit the fan and been watching the entertainment on the thread ever since.

I managed to cover part of my yen trades, got some lousy fills on them. Still watching 78 as we speak, have some more trades going on the pair. Would love to see another stab at 76. am not buying that one till I see the BOJ's dirty fingers poking around the pair.

For now its likely to depend on whether the Tokyo market shuts down and for how long. Flip a coin none of it looks good.
  • #408,284
  • Mar 16, 2011 5:47pm Mar 16, 2011 5:47pm
any body knows what the nikkei fut is now
  • #408,285
  • Mar 16, 2011 5:47pm Mar 16, 2011 5:47pm
Quoting cloggie
Huh?
Yeah cloggie, I was sitting here thinking " HUH???" also. LOL
  • #408,286
  • Mar 16, 2011 5:47pm Mar 16, 2011 5:47pm
Quoting darimik
I was interested if he is still buying without SL.. I wonder how much he is down... an example of a bad strategy. when unexpected happens

http://www.forexfactory.com/showpost...ostcount=22858

I gave the fundie headsup within hours of the quake hitting and the reasons for uJ dropping. Since then there has been so much rubbish posted regarding it that I just couldn't bother to continue explaining the fundamentals over and over again.

Quoting cloggie
All depends where the quake is and how it affects...
It continues to baffle me how little the average retailer knows about fundies.
  • #408,287
  • Mar 16, 2011 5:48pm Mar 16, 2011 5:48pm
kathylienfx‎ BoJ to Intervene tonight followed by coordinated intervention Thurs after G7 meeting? Maybe. Depends on how USDJPY trades #forex #jpy
Twitter
  • #408,288
  • Mar 16, 2011 5:48pm Mar 16, 2011 5:48pm
Quoting knuckledrag
Sorry, it seemed you wear encouraging the simple minded. I stand corrected.
LOL..now I am simple minded? LOLOLOL
  • #408,289
  • Mar 16, 2011 5:49pm Mar 16, 2011 5:49pm
Quoting FibbinArchie
kathylienfx‎ BoJ to Intervene tonight followed by coordinated intervention Thurs after G7 meeting? Maybe. Depends on how USDJPY trades #forex #jpy
Twitter...

Freakin heck, I posted that here over an hour ago, she nicking my posts now?
  • #408,290
  • Mar 16, 2011 5:51pm Mar 16, 2011 5:51pm
Quoting PipChick
Why are you telling me this? Did I say I was in a trade or did I say LOOK...the EU h4 chart is repeating what it did yesterday? So, I dont get your comments.
Maybe I missed something along the way.lol
I'm a smart a$$

I'm not picking on you, I'm just having a little fun.

Best wishes for your trades and "pay no attention to the smart a$$ popping in from time to time".
  • #408,291
  • Mar 16, 2011 5:51pm Mar 16, 2011 5:51pm
Quoting bbakker
Can't believe people are trying to trade this

Considering 95% are scalpers on this forum... it is like a freight train has hit them!
I did try to.... well not scalp, but take a position based on the 1m timeframe... it worked... but i was actually too scared to see what happens and closed it with 4 pips profit. I would have made 30 pips easy but... fear kicked in hard.

Still, the low was nice for some long term positions on aud(for swap and the day it will go back over 1.0200
  • #408,292
  • Mar 16, 2011 5:51pm Mar 16, 2011 5:51pm
Quoting knuckledrag
I'm a smart a$$

I'm not picking on you, I'm just having a little fun.

Best wishes for your trades and "pay no attention to the smart a$$ popping in from time to time".
LOL..no problem. I thought it was funny.
  • #408,293
  • Mar 16, 2011 5:52pm Mar 16, 2011 5:52pm
Quoting FibbinArchie
kathylienfx‎ BoJ to Intervene tonight followed by coordinated intervention Thurs after G7 meeting? Maybe. Depends on how USDJPY trades #forex #jpy
Twitter...
wish they do it will be once in a life time with heavy loads bahamas is next home for me
  • #408,294
  • Mar 16, 2011 5:52pm Mar 16, 2011 5:52pm
Quoting cloggie
Every trader is using Kobe to judge this one, look at the GDP and production numbers coming out the 3 months after Kobe, now imagine what the numbers are going to be this time. Then have a look at the uJ chart and you can see why we are where we are.
Thats an interesting one. 1995 marked a decline in GDP and I would have assumed the GDP is directly proportional to the currency index, however graphs seem to not support that.
  • #408,295
  • Mar 16, 2011 5:54pm Mar 16, 2011 5:54pm
Quoting 2046
Thats an interesting one. 1995 marked a decline in GDP and I would have assumed the GDP is directly proportional to the currency index, however graphs seem to not support that.

As a trader you got to know your history, through and through. I know everything there is to know about each pair I trade.

I am not just the resident @Rsehole.
  • #408,296
  • Mar 16, 2011 5:54pm Mar 16, 2011 5:54pm
When Kathy Lien and Boris Schlossberg open their mouth you better grab your pocket book and run the other direction. They are the perfect representatives of BS.



Quoting FibbinArchie
kathylienfx‎ BoJ to Intervene tonight followed by coordinated intervention Thurs after G7 meeting? Maybe. Depends on how USDJPY trades #forex #jpy
Twitter...
  • #408,297
  • Mar 16, 2011 5:59pm Mar 16, 2011 5:59pm
Quoting cloggie
Freakin heck, I posted that here over an hour ago, she nicking my posts now?
Cld be Cloggs, you don't know who's lurking on this thread...
  • #408,298
  • Mar 16, 2011 6:01pm Mar 16, 2011 6:01pm
Quoting cloggie
As a trader you got to know your history, through and through. I know everything there is to know about each pair I trade.

I am not just the resident @Rsehole.
Cloggie I was in high school during this...didnt know about the Forex market. Were u trading then or just backtesting/research?
  • #408,299
  • Mar 16, 2011 6:02pm Mar 16, 2011 6:02pm
nikkei fut is down 700p
  • #408,300
  • Mar 16, 2011 6:04pm Mar 16, 2011 6:04pm
EU trying to break the short term downtrend...
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