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  • #423,581
  • Apr 18, 2011 8:06pm Apr 18, 2011 8:06pm
Quoting kenfen69
Know anyone that could fart in Asia, Venice?

I think I have paint drying somewhere that will provide more entertainment!

I got bored with the range about half an hour ago.

Grabbed a beer though!
  • #423,582
  • Apr 18, 2011 8:08pm Apr 18, 2011 8:08pm
Quoting BoredToLoose
http://lusitanaehabilitas.blogspot.com/
ya, an addition to one of many reasons why the ECB will continue to raise its benchmark rate by a .25 every quarter. By years end, ECB is aiming for
1.75-2.00%
  • #423,583
  • Apr 18, 2011 8:11pm Apr 18, 2011 8:11pm
Quoting SunTrader
Pivot I got is 1.4266

And depending PA when it gets there that might be all she wrote till Frankie opens.
Mine's close to that, too. Just thought I felt a "pop" north coming. Was hoping for Tokyo shuffle...hit pivot return to open...but alas...here I sit, watching the paint dry.
  • #423,584
  • Apr 18, 2011 8:12pm Apr 18, 2011 8:12pm
Quoting Venice
Grabbed a beer though!
Fakkin A!

Cheers!
  • #423,585
  • Apr 18, 2011 8:13pm Apr 18, 2011 8:13pm
Quoting kenfen69
Mine's close to that, too. Just thought I felt a "pop" north coming. Was hoping for Tokyo shuffle...hit pivot return to open...but alas...here I sit, watching the paint dry.
I thought the 5m looked really volatile for a moment, then realized I was zoomed in all the way... LOL.

6 pip candle is taking up 1/5 of my screen.
  • #423,586
  • Apr 18, 2011 8:19pm Apr 18, 2011 8:19pm
Still stuck on my longs @ 1.4300 SL- 1.4119 TP-1.4440

Could anyone tell me what are my chances looking at the entire weeks horizon ?
To Your Success!!
  • #423,587
  • Apr 18, 2011 8:22pm Apr 18, 2011 8:22pm
Inserted Video
  • #423,588
  • Apr 18, 2011 8:24pm Apr 18, 2011 8:24pm
Quoting ndsouz
Still stuck on my longs @ 1.4300 SL- 1.4119 TP-1.4440

Could anyone tell me what are my chances looking at the entire weeks horizon ?
If I was you, I would...

1) Close out my order... I was wrong.
2) Go back to a demo account... my money management isn't there.

This isn't a game of hope mate. The sooner you learn to take your losses when you are wrong, the sooner you will be making money.

No sense holding onto a loser when you could be using that equity elsewhere.

Get your MIND RIGHT.

With that being said, it looks like we are priming to make a quick pop to the DPP.
  • #423,589
  • Apr 18, 2011 8:26pm Apr 18, 2011 8:26pm
So we can all see where we are technically. We all theoretically have the "same" charts. We can all see that we're either going to go up...or we're going to go down! Thank you, thank you...I'm a genius, I know!

But...and not to piss of red...there has been a shit load of fundamentals dropped recently. The weekend saw some horrible news for Euroland...the worst of which was probably Finland's vote results. Sure, Greece debt restructure must rate high, too...but who the fak didn't see that coming? Who doesn't see Ireland coming right behind them? (Irish banks - majority "State owned" - rated "junk" now by Moody's- although it got very little coverage.)...Portugal? Blah, blah, blah... Couldn't have been much of a worse weekend if your name was Euro!

Direction simple, right? (South) Sure...and it was...till the S&P put the USA on "Outlook Negative!" Fak me...that is serious! But is anyone really surprised? Surely not...how can anyone be? Spend, spend, spend...print, print, print. Rinse. Repeat!

So where are we going? I have NO fakking clue. Its not up to me. I'm just going to play it as it comes. But, it does seem a lot of BIG money is trying to figure out/plan their next move in this very quiet Asian session.

Monday was obvious. Tuesday..?

Sorry for the long post. Just had to do something to pass the time!

  • #423,590
  • Apr 18, 2011 8:27pm Apr 18, 2011 8:27pm
so i had an exam today and missed all the action. can someone catch me up as to why the EUR fell?

Also any educated guesses to where its heading?
The dreamers are the saviors of the world.
  • #423,591
  • Apr 18, 2011 8:29pm Apr 18, 2011 8:29pm
having a preconceived thought on where you think the market will go creates bias in your trading. follow the pa without any bias or preconception. my opinion
  • #423,592
  • Apr 18, 2011 8:29pm Apr 18, 2011 8:29pm
My 42425 short just got filled....actually at 42429...thanks Dukascopy!

Watching pivot.
  • #423,593
  • Apr 18, 2011 8:29pm Apr 18, 2011 8:29pm
Quoting PipPipPip
ya, an addition to one of many reasons why the ECB will continue to raise its benchmark rate by a .25 every quarter. By years end, ECB is aiming for
1.75-2.00%
...but ECB and the European fund doesn't.

This is really funny!

Here in Portugal everyone arguing about IMF being a bunch of vultures and it seems that our beloved Europeans friends deserves more that title of "vultures"
  • #423,594
  • Apr 18, 2011 8:30pm Apr 18, 2011 8:30pm
Quoting fldash
having a preconceived thought on where you think the market will go creates bias in your trading. follow the pa without any bias or preconception. my opinion
Damn straight!
  • #423,595
  • Apr 18, 2011 8:33pm Apr 18, 2011 8:33pm
Quoting AriX3
so i had an exam today and missed all the action. can someone catch me up as to why the EUR fell?

Also any educated guesses to where its heading?
Impeccable timing. See post above. lol.

In reply to Ken, it is of my opinion that charts precede events. The turn in the euro all last week. Yes, I know, range bound blah blah, but we were consistently drifting lower with a solid upper resistance.

It just happened to be at that particular point that they dropped this news to send us downward? Yeah right... There are to many coincidences, and for those of you that trade intraday may not see it. For me on the daily, it seems like there is always just the perfect amount of noise about news releases and items to turn currencies.

Big fat ponzi scheme.

Also, I am giving out free tinfoil hats to all those who desire. LOL
  • #423,596
  • Apr 18, 2011 8:34pm Apr 18, 2011 8:34pm
Quoting BoredToLoose
...but ECB and the European fund doesn't.

This is really funny!

Here in Portugal everyone arguing about IMF being a bunch of vultures and it seems that our beloved Europeans friends deserves more that title of "vultures"
ECB will continue to raise its rate despite their debt ratio- oh cliché; while the FED decides to not. With both the euro nation and usd nation both in the shit hole. It is pretty much a tuga-war, and the pa will continue on until end of the year imho.
  • #423,597
  • Apr 18, 2011 8:41pm Apr 18, 2011 8:41pm
Quoting kenfen69
So we can all see where we are technically. ..... Sorry for the long post. Just had to do something to pass the time!
I agree with much of your post.

But from the looks of Monday's markets the S&P downgrade means risk off, so dollar higher. The days to come will decide though.
  • #423,598
  • Apr 18, 2011 8:41pm Apr 18, 2011 8:41pm
Quoting PipPipPip
ECB will continue to raise its rate despite their debt ratio- oh cliché; while the FED decides to not. With both the euro nation and usd nation both in the shit hole. It is pretty much a tuga-war, and the pa will continue on until end of the year imho.
time will tell but i ain't buying it. the us isn't going to default... other across the pond are.
  • #423,599
  • Apr 18, 2011 8:43pm Apr 18, 2011 8:43pm
Quoting SunTrader
I agree with much of your post.

But from the looks of Monday's markets the S&P downgrade means risk off, so dollar higher. The days to come will decide though.
still the safe haven play. it ain't going anywhere.
  • #423,600
  • Apr 18, 2011 8:47pm Apr 18, 2011 8:47pm
Quoting SunTrader
But from the looks of Monday's markets the S&P downgrade means risk off, so dollar higher. The days to come will decide though.
Exactly my point.

Just feels like some BIG decisions are being made now. I don't give a shite what they decide... I Will Follow!
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