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  • #420,261
  • Apr 12, 2011 5:24am Apr 12, 2011 5:24am
I like the update to the iggy list feature they have put in place. I now cannot see a post from someone on my iggy list, even if someone else quotes a muppet. I like it.
  • #420,262
  • Apr 12, 2011 5:25am Apr 12, 2011 5:25am
Quoting BrunargarFx
Yip, Ialso have the exact same level as you: 1.4482 -1.4488
I just double checked my fxopen chart, and it's exactly 1.4484.
Enter Signature
  • #420,263
  • Apr 12, 2011 5:28am Apr 12, 2011 5:28am
Quoting cloggie
I like the update to the iggy list feature they have put in place. I now cannot see a post from someone on my iggy list, even if someone else quotes a muppet. I like it.
This toss says that as if anybody cares.
  • #420,264
  • Apr 12, 2011 5:30am Apr 12, 2011 5:30am
Ah look, pepper is back. He only posts when I get back from my holidays. He manages to keep an eye out on the thread for weeks on end and only pipes in within minutes of me coming of my hols.

Funny isn't how the same group of scammers and fraudsters keep reappearing at the same time. I expect a few more to pipe in here shortly, they never dissappoint.


Ah well, time to make some coffee while the next leg forms here.
  • #420,265
  • Apr 12, 2011 5:30am Apr 12, 2011 5:30am
Quoting T@rantula
I longed @ 4390 s/l 4350. Targets: 4420, 4480 thou I may close it earlier.

We have a 3h TL..if it holds we could see Upper levels
Hope you didn't close it when it dropped a touch. If not, congratulations!
  • #420,266
  • Apr 12, 2011 5:32am Apr 12, 2011 5:32am
Quoting cloggie
Ah look, pepper is back. He only posts when I get back from my holidays. He manages to keep an eye out on the thread for weeks on end and only pipes in within minutes of me coming of my hols.

Funny isn't how the same group of scammers and fraudsters keep reappearing at the same time. I expect a few more to pipe in here shortly, they never dissappoint.
Haaaahaaahaaa i thought i was on your ignore list,chop.
  • #420,267
  • Apr 12, 2011 5:33am Apr 12, 2011 5:33am
I do like this new feature, I can see the !d!ots showing up here, just can't read their garbage anymore. It's all good.
  • #420,268
  • Apr 12, 2011 5:34am Apr 12, 2011 5:34am
I went long this morning from 1.44 to 1.4425 (had to leave the comp and preferred to stay in the green - I'm still on capital protection mode: just broke even my losses of last year last week).

I can't stay in front of the comp atm so no way I'm going to short this as I won't be able to manage the trade. Just hope it will pullback nicely so that I can re-enter long later..



Quoting vosterfxandy
I just double checked my fxopen chart, and it's exactly 1.4484.
  • #420,269
  • Apr 12, 2011 5:34am Apr 12, 2011 5:34am
Quoting cloggie
I say this plenty of times: never ever look for a reason to reverse, always look for a reason to continue first. Picking tops is for gamblers. 99% of traders that have been in this business for less then 10 years don't know how to pick a top.

Keep an eye on the 2 levels for Oil and Gold I posted earlier, they will drive the dollar sentiment and are still very valid here till NY opens.
Ok, Noted with thanks. I usually trade only by looking at chart and avoid news, since I don't know how to translate news into price action especially it is always correlated with other currencies pair.

Now I am trying to learn how to translate news. Thanks.
  • #420,270
  • Apr 12, 2011 5:40am Apr 12, 2011 5:40am
Quoting T@rantula
I longed @ 4390 s/l 4350. Targets: 4420, 4480 thou I may close it earlier.

We have a 3h TL..if it holds we could see Upper levels
Closed for + 72. She follows me and I liek it; 0
  • #420,271
  • Apr 12, 2011 5:40am Apr 12, 2011 5:40am
Even though the trend is bullish ,looks like again we have a failed attempt at 60/70 area ,although we did push through, it was short lived.

But it wont hold forever maybe Americans can gives us a boost .
making green pips large and red pips small this is my goal.
  • #420,272
  • Apr 12, 2011 5:41am Apr 12, 2011 5:41am
Quoting Jok
Ok, Noted with thanks. I usually trade only by looking at chart and avoid news, since I don't know how to translate news into price action especially it is always correlated with other currencies pair.

Now I am trying to learn how to translate news. Thanks.

There is a difference between news trading, fundy trading and correlation trading. Right now we are risk driven, oil and gold are held down, that is giving dollar a bit of a strength here so we see a bit of a pullback in euro. For that pullback to form a top, we need a clear rejection of the correlated commodities, we also need a change of risk to more aversion so you want to see the equities form a top also so that the risk appetite wanes for this pullback in euro to actually form a top. Fundamentally euro is still bullish, as to news trading, there has been nothing all day to dent the fundies. So intraday we are still pointing North and any short is a countertrade.

That in a nutshell is what I am looking at right now. I gave you the exact trigger and target for the next play earlier.
  • #420,273
  • Apr 12, 2011 5:43am Apr 12, 2011 5:43am
Well done m8
Congrats


Quoting T@rantula
Closed for + 72. She follows me and I liek it; 0
  • #420,274
  • Apr 12, 2011 5:45am Apr 12, 2011 5:45am
Quoting T@rantula
Closed for + 72. She follows me and I liek it; 0

nice going man!
Keep It Simple Stupid
  • #420,275
  • Apr 12, 2011 5:47am Apr 12, 2011 5:47am
Quoting cat
Hope you didn't close it when it dropped a touch. If not, congratulations!
Closed @ 62.
  • #420,276
  • Apr 12, 2011 5:48am Apr 12, 2011 5:48am
Quoting T@rantula
Closed @ 62.

Good to see you are still around and haven't been driven off by the !d!ots and muppets here.
  • #420,277
  • Apr 12, 2011 5:50am Apr 12, 2011 5:50am
Quoting cloggie
There is a difference between news trading, fundy trading and correlation trading. Right now we are risk driven, oil and gold are held down, that is giving dollar a bit of a strength here so we see a bit of a pullback in euro. For that pullback to form a top, we need a clear rejection of the correlated commodities, we also need a change of risk to more aversion so you want to see the equities form a top also so that the risk appetite wanes for this pullback in euro to actually form a top. Fundamentally euro is still bullish, as to news trading,...
Thank you Sir. Really appreciated you have taken the time to explain all this, thanks a bunch. For Now, I will seat on the side and read through all the post for a better understanding. Thanks again Sir.
  • #420,278
  • Apr 12, 2011 5:52am Apr 12, 2011 5:52am
Quoting cloggie
Good to see you are still around and haven't been driven off by the !d!ots and muppets here.
Thanx mate, nice to see you too. Many people left the thread. Im still here...how are you? Long time no see..
  • #420,279
  • Apr 12, 2011 5:53am Apr 12, 2011 5:53am
Quoting cloggie
There is a difference between news trading, fundy trading and correlation trading. Right now we are risk driven, oil and gold are held down, that is giving dollar a bit of a strength here so we see a bit of a pullback in euro. For that pullback to form a top, we need a clear rejection of the correlated commodities, we also need a change of risk to more aversion so you want to see the equities form a top also so that the risk appetite wanes for this pullback in euro to actually form a top. Fundamentally euro is still bullish, as to news trading,...
hello,

so you are checking equities and commodities for some important patterns then you choose what to do in forex ? I understand this or not ?

thanks
John
  • #420,280
  • Apr 12, 2011 5:53am Apr 12, 2011 5:53am
Hello.
In my opinion we are on top right now - time to sell.

Short at 1.4475

Good Luck

John
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