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  • #432,381
  • May 1, 2011 3:31am May 1, 2011 3:31am
This is a fundamentally charged week with Bank Rate announcement from both Pound and Euro on Thursday and than NFP on Friday ... Would be an interesting week.. All the best everyone ..
  • #432,382
  • May 1, 2011 3:39am May 1, 2011 3:39am
Quoting goods
This is fundamentally good for the dollar because of oil. Theoretically speaking that is.

I doubt market will have any reaction.
yups Gaddafi is pretty much nobody when it comes to currency pricing...
  • #432,383
  • May 1, 2011 3:47am May 1, 2011 3:47am
Quoting mercy seat
Well I know them all ... since the early days of foundation ... and some are really good ...

Sunil is funny specially ...
Yes Mercy, you have to be very selective with them...
  • #432,384
  • May 1, 2011 3:52am May 1, 2011 3:52am
Quoting CandleStar
Great link FibbinArchie!!!

The first time I understood that price action talk in full.
My worthiest one hour training.
Will study the rest of the series too.
Highly recommended for guys like me and others who are/were in search for the holy grail.

Thanks a lot man -
Quoting LarryDarrell
Great link, thank you.

At the moment I'm frantically trying to digest new info provided by people in this thread. Very inspiring, sometimes completely different from what I knew 5 months ago. I have the feeling that I now know I know nothing... compared to all that info and inspiration out there.

I hope that the real contributors in this thread don't lose their nerve because for some this seems only to be some kind of mall to hang out with your buddies and talk about the weather...

I'm here to learn and of course in the end to make money.

Mercy...
Quoting 4thw
thx archie! gonna watch that!
My pleasure, I hope you get some value from watching them...
  • #432,385
  • May 1, 2011 4:02am May 1, 2011 4:02am
This bombing Muslims countries made me think of something.

If the USD gets too low or we can not repay our debt....shit....just bomb the muckers. What are they going to do, invade us?



Sorry, we aint paying you back what we owe you.

What's that? They have a problem with that?

Hello finger, goodbye problem.

Terrible but at the end of the day only one thing really matters.

PICK OF THE SUMMER

USD/CAD---LONG!
  • #432,386
  • May 1, 2011 4:18am May 1, 2011 4:18am
Quoting Astroman
This bombing Muslims countries made me think of something.

If the USD gets too low or we can not repay our debt....shit....just bomb the muckers. What are they going to do, invade us?



Sorry, we aint paying you back what we owe you.

What's that? They have a problem with that?

Hello finger, goodbye problem.

Terrible but at the end of the day only one thing really matters.

PICK OF THE SUMMER

USD/CAD---LONG!
since they are by far the biggest holders of US debt, am I to take it that you are advocating the bombing of the Federal Reserve?
  • #432,387
  • May 1, 2011 4:43am May 1, 2011 4:43am
Does the Asian session going to work normally later or there is holiday?
  • #432,388
  • May 1, 2011 4:45am May 1, 2011 4:45am
I'm looking at a low of +/- 1.4770 next week. I do however think we're going to break 1.50 before we start changing to a serious downtrend. The US dollar is still being treated like the pariah it deserves to be, but Europe will need it to come down soon or it's export manufacturing's gonna go down the pan.

But monthly/weekly isn't showing reversal signs yet for me, so 1.5 might be a conservative target.
I operate with clear definite rules, if I break them I lose BIG!
  • #432,389
  • May 1, 2011 5:45am May 1, 2011 5:45am
tomorrow i will start first time to trading with a demo account.

wish tomorrow everyone good trading profits
  • #432,390
  • Edited 6:06am May 1, 2011 5:47am | Edited 6:06am
Quoting egkid
Does the Asian session going to work normally later or there is holiday?

Monday is Labor day in china and in the euro zone for some countries... Switzerland, France and Italy...

Tuesday, Wed and Thursday is Japanese holidays though... so can be a beautiful choppy session this week

And don't forget Friday US jobless news...

Would be good to see some increased cash rate in AUD or EUR, not going to happen but would be interesting
  • #432,391
  • May 1, 2011 6:59am May 1, 2011 6:59am
Quoting Megalodon
tomorrow i will start first time to trading with a demo account.

wish tomorrow everyone good trading profits
Good luck my friend, always remember Demo accounts don't give you the real feel you get from risking your own money, and believe me the difference for some can be massive. But either way Good Luck.
I operate with clear definite rules, if I break them I lose BIG!
  • #432,392
  • May 1, 2011 7:19am May 1, 2011 7:19am
Yes, did well on the demo, started real money: oops! Its different, even if you start to use very small amounts of real money. But in my view the only way to really learn.

When I think about the many thousand euros I spent on nearly useless or boring seminars till now, the money lost in forex is (until now at least...) neglectable and a sound investment.

LD
Fail better.
  • #432,393
  • May 1, 2011 7:24am May 1, 2011 7:24am
yes i know, but for me is important at first to learn the broker system.

- how to buy
- how to sell
- set SL TP

the basics
  • #432,394
  • May 1, 2011 7:32am May 1, 2011 7:32am
Quoting Larseg
Monday is Labor day in china and in the euro zone for some countries... Switzerland, France and Italy...

Tuesday, Wed and Thursday is Japanese holidays though... so can be a beautiful choppy session this week

And don't forget Friday US jobless news...

Would be good to see some increased cash rate in AUD or EUR, not going to happen but would be interesting
Thanks for the feedback , Wish u all green ++
  • #432,395
  • Edited 8:03am May 1, 2011 7:37am | Edited 8:03am
Quoting Megalodon
tomorrow i will start first time to trading with a demo account.

wish tomorrow everyone good trading profits
I wish you good luck, but still remember that demo won't give you real feeling. I had 5 000 $ deposit demo account, made 100 000$. Then i was thinking i'm some kind of genius. Then started to trade with real money and beginning was really hard. Emotions come in play.

Advise that i can give you is that practise a lot with demo, if you feel that you have practise enough, start with real money and with smoll deposit (100$ or something) and make the smollest trades (0.01).
  • #432,396
  • May 1, 2011 7:43am May 1, 2011 7:43am
Quoting GoldMan.
I wish you good luck, but still remember that demo won't give you real feeling. I had 5 000 $ deposit demo account, made 100 000$. Then i was thinking i'm some kind of genius. Then started to trade with real money and beginning was really hard. Emotions come in play.

Advise that i can give you is that practise a lot with demo, if you feel that you have practise enough, start with real money and with smoll deposit (100$ or something) and make the smollest trades (0.01).
First trade i made was 0.01, got over 3 €, then i was thinking i'm so good,...
Thanks for that information, i will tryn my best
  • #432,397
  • May 1, 2011 8:53am May 1, 2011 8:53am
1.4783 / 67 may act as mild support ... that's why we take partial profits sometimes ...



;-|
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-04-29_23h15 - Pivots + ZigZag A-B-C LEVELS _ EURUSD _ Weekly Closing SURVEY _ W-17.PNG Size: 116 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #432,398
  • May 1, 2011 9:08am May 1, 2011 9:08am
@mercy_seat:

Hallo,

did you maybe post a guide to this table a while ago? I can identify some of the content of course, but don't see how you arrive at your strategy. I'd like to learn a bit by going through the underlying thought-process.

Gruesse,

LD
Fail better.
  • #432,399
  • May 1, 2011 9:09am May 1, 2011 9:09am
Quoting Astroman
This bombing Muslims countries made me think of something.

If the USD gets too low or we can not repay our debt....shit....just bomb the muckers. What are they going to do, invade us?



Sorry, we aint paying you back what we owe you.

What's that? They have a problem with that?

Hello finger, goodbye problem.

Terrible but at the end of the day only one thing really matters.

PICK OF THE SUMMER

USD/CAD---LONG!
and then who do they import all the crap the "need" from?
The dreamers are the saviors of the world.
  • #432,400
  • May 1, 2011 9:19am May 1, 2011 9:19am
Quoting LarryDarrell
@mercy_seat:

Hallo,

did you maybe post a guide to this table a while ago? I can identify some of the content of course, but don't see how you arrive at your strategy. I'd like to learn a bit by going through the underlying thought-process.

Gruesse,

LD
Hallo Larry ... I will write via PM later ...
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
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