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  • #408,881
  • Mar 17, 2011 10:18am Mar 17, 2011 10:18am
there have been reports of jap traders loosing huge accounts due to usdjpy drop, calling for intervention from BOJ.

Also with Libya due to declare ceasefire on sunday, oil prices are stabilizing pushing euro higher, I think we are done with the shorts

Break of 4035 and touch of 4050 confirms the move to 4282 next.

I am holding longs indefinitely from here.
  • #408,882
  • Mar 17, 2011 10:18am Mar 17, 2011 10:18am
Quoting chazzle
Tarantula are you Jesus?
No. I just help.
  • #408,883
  • Mar 17, 2011 10:18am Mar 17, 2011 10:18am
Quoting SunTrader
Vinesh is probably referring to this:

Japan Noda: G7 financial leaders' call set for 2200 GMT

(Reuters) - Finance leaders and central bank governors from the G7 nations will hold a teleconference on Friday at 7 a.m. JST (2200 GMT on Thursday), Finance Minister Yoshihiko Noda said.

"At the invitation of France's (Finance Minister Christine) Lagarde, finance ministers and central bank governors from the G7 will hold a teleconference tomorrow at 7 in the morning," Noda told reporters at the ministry.

"Japan will explain...
Well, exactly. I was aware of this but I thought that I would give Vinesh the opportunity to put some substance behind his vague clairvoyant like warning. It would only have taken him a little bit more of his time to provide a link or explanation of some sort.

All newer traders see is a 10+v person making some vague claim. I'm sure that when I was new I probably would have paid some attention to it and thought to myself "what does he know, is he in the know?" I don't know how long it took me to work out that nobody really knows where the market is going because I'm a bit slow like that but it's really not helpful (to anybody) when claims like these are made.
Nothing worth having is easy.
  • #408,884
  • Mar 17, 2011 10:20am Mar 17, 2011 10:20am
short: 4020
TP: 40
Trade what you see, Not what you think.
  • #408,885
  • Mar 17, 2011 10:20am Mar 17, 2011 10:20am
Buy now eurusd target 140 pips
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 31 KB
  • #408,886
  • Mar 17, 2011 10:20am Mar 17, 2011 10:20am
Quoting PayTheLimit
yes you bring the barrels, and I'll bring some friends....

holy shmolly lol bro u foockrd me up wife visiting
  • #408,887
  • Mar 17, 2011 10:22am Mar 17, 2011 10:22am
Quoting kill56
holy shmolly lol bro u foockrd me up wife visiting
lol, let Pay show you the way....
Look Sharp/Trade Tight
  • #408,888
  • Mar 17, 2011 10:26am Mar 17, 2011 10:26am
Quoting kill56
u know how
oh pls pls tell me how
  • #408,889
  • Mar 17, 2011 10:27am Mar 17, 2011 10:27am
Quoting OldQuant
Pleasure. Well, just bound long at 42. I'm not going to stay up to see how much the assured series of head fakes is going to cost.
Once again, case study in why:

1. If I traded my opinions rather than having a computer responding to the price action do it, I'd probably be working at WalMart, and

2. why it's best to start establishing a position right away when trends 'maybe' appear, since they often put on some distance before we find the proper setup.

Not saying I think this is a real trend-trend (and if I did think that, so what?) but it's a pleasant little 75 tick excursion so far, and now have around 40 baked in so far.
  • #408,890
  • Mar 17, 2011 10:28am Mar 17, 2011 10:28am
Quoting T@rantula
"And I will lead the blind in a way that they do not know, in paths that they have not known I will guide them. I will turn the darkness before them into light, the rough places into level ground. These are the things I do, and I do not forsake them."

Isaiah 42:16 The Holy Bible
Mate, hope you don't get me wrong. Nice comment but a bit over the top, don't you think? ... I know you are solid trader but better be humble during good times than getting a public cold shower later... just my 2 cents

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #408,891
  • Mar 17, 2011 10:30am Mar 17, 2011 10:30am
Quoting PayTheLimit
can anyone point me in the right direction of a good commodities thread on FF, if there is such a thing...thanks..
Start one! I know by anecdotal fact that there are professional traders in non-forex products that lurk FF to get indicators, strategy ideas, etc.
  • #408,892
  • Mar 17, 2011 10:32am Mar 17, 2011 10:32am
Quoting sisse
Mate, hope you don't get me wrong. Nice comment but a bit over the top, don't you think? ... I know you are solid trader but better be humble during good times than getting a public cold shower later... just my 2 cents

sisse

Hi T - I like that verse
  • #408,893
  • Mar 17, 2011 10:32am Mar 17, 2011 10:32am
Quoting T@rantula
"And I will lead the blind in a way that they do not know, in paths that they have not known I will guide them. I will turn the darkness before them into light, the rough places into level ground. These are the things I do, and I do not forsake them."

Isaiah 42:16 The Holy Bible

You gotta have faith.
  • #408,894
  • Mar 17, 2011 10:32am Mar 17, 2011 10:32am
Quoting OldQuant
If I traded my opinions
I owe you a couple of drinks brother....

Quoting PayTheLimit
watch your corn boys...


Quoting PayTheLimit
Pay The Limit...
Look Sharp/Trade Tight
  • #408,895
  • Mar 17, 2011 10:35am Mar 17, 2011 10:35am
Quoting OldQuant
Start one! I know by anecdotal fact that there are professional traders in non-forex products that lurk FF to get indicators, strategy ideas, etc.

I will take it under serious consideration brother...
Look Sharp/Trade Tight
  • #408,896
  • Mar 17, 2011 10:37am Mar 17, 2011 10:37am
Quoting FibbinArchie
yeah, those 20 pip blocks make good reference points...
Yes, and that's the kind of good insight thing that gets lost because he's such a lightening rod for the free testosterone (to hopelessly mix a metaphor) that sloshes around this forum.

If someone described average instantaneous volatility or something, it would justifiably shoot right over everyone's head. "Twenty tick blocks", we all understand and remember.
  • #408,897
  • Mar 17, 2011 10:38am Mar 17, 2011 10:38am
lol i sucked today big time Will end the day here.


See u tomorrow
  • #408,898
  • Mar 17, 2011 10:39am Mar 17, 2011 10:39am
Quoting sisse
Mate, hope you don't get me wrong. Nice comment but a bit over the top, don't you think? ... I know you are solid trader but better be humble during good times than getting a public cold shower later... just my 2 cents

sisse
Nah, I dont mind it at all. Who wants to read my posts let them read, who doesnt want let them ignore me.

I am not saying the traders should follow me blindly, at least I can do is to show them when to trade and when to stay out.
  • #408,899
  • Mar 17, 2011 10:40am Mar 17, 2011 10:40am
Quoting Patience
Well, exactly. I was aware of this .......
........ but it's really not helpful (to anybody) when claims like these are made.
Agree 1000%, but I didn't want to wait on him.

Athough there was time before the actual event I thought some might not see it in if too much time passed between his post and later on.
  • #408,900
  • Mar 17, 2011 10:41am Mar 17, 2011 10:41am
Quoting Cluelus
oh pls pls tell me how

ok i will post it at the grave yard later on

http://www.forexfactory.com/showthread.php?t=246111
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