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  • #437,221
  • May 6, 2011 7:22am May 6, 2011 7:22am
I am surprised it hit the 1.45 so quickly after I liquidated at 1.462. But still a nice move off the highs. Slept like a baby last night, and will not likely put another trade on until mid summer. I lean towards the idea that this bubble has burst, but I have a sneaking feeling too many are invested in commodities for Mr. Market to allow total evaporation of wealth.

If this goes to 1.40 on this break, I will be disappointed I covered shorts so quick. I had 1.45 and 1.40 as targets, but got hasty expecting some kind of bounce. Good luck to all. Enjoy your summer.
  • #437,222
  • May 6, 2011 7:23am May 6, 2011 7:23am
May I remind you that your 1st entry was 4570.... went 15 pip higher before tanking to 1.4500...

You got 15 pip profit for 70 pip dd .. NICE TRADING

Solution do not post crap like going long xxxxxx in a major resistance area on the weekly charts and no one will comment.

You forget newbies will follow.... they are like sheep. We have to be conscious of the calls we make , as sadly newbies will follow.

Quoting johnnyrei
Hey W@nker, I so so hope you used me as a contrarian indicator 6 hours ago and pressed sell button. I so hope for that. You deserve it. Blow me a job w@nker!
Blogging daily now at www.volume.zone
  • #437,223
  • May 6, 2011 7:23am May 6, 2011 7:23am
Alright!
Do your time and enjoy the ride...
  • #437,224
  • May 6, 2011 7:24am May 6, 2011 7:24am
Quoting mercy seat
This would be EU supportive ... but I don't think that amount of low release ...


we will find out soon
  • #437,225
  • May 6, 2011 7:24am May 6, 2011 7:24am
Quoting mercy seat
This would be EU supportive ... but I don't think that amount of low release ...


Unless, as in the case of other negative USD news, it is cause for money to flea to what are perceived as safe havens--including USD.

This most likely will be very negative news for the US but may perversely cause USD to be bought and thus drop EU. Frustrating, but all too common.
  • #437,226
  • May 6, 2011 7:24am May 6, 2011 7:24am
play a trade before NFP, buy 1.4508 sl 1.4488 , tp open

high risk/ reward trade.
  • #437,227
  • May 6, 2011 7:26am May 6, 2011 7:26am
Know what the expectations are... Lower... Anyone considering if we get a surprise?
Do your time and enjoy the ride...
  • #437,228
  • May 6, 2011 7:29am May 6, 2011 7:29am
this was your call ....

buy 1.4580....10 pip and now 80 pip lower..

awesome.

Then all of a sudden you are long 1,4520.

What a liar and bullshitter

Quoting johnnyrei
I'm back guys - still sticking to my plan:

buy at 1.4580

buy at: 1.4610

buy at: 1.4635

buy at: 1.4655

close at: 1.4670

profit: +30pips +25pips + 20 pips +15pips


Anyone to join?
Blogging daily now at www.volume.zone
  • #437,229
  • May 6, 2011 7:30am May 6, 2011 7:30am
good US NEWS
but bad %
interesting
  • #437,230
  • May 6, 2011 7:30am May 6, 2011 7:30am
a call with conviction and note that it is high risk .

Nice post.

Quoting yster
play a trade before NFP, buy 1.4508 sl 1.4488 , tp open

high risk/ reward trade.
Blogging daily now at www.volume.zone
  • #437,231
  • May 6, 2011 7:32am May 6, 2011 7:32am
dam it room why not wait for the news to come out and see what the fock is going on dont get burrned
  • #437,232
  • May 6, 2011 7:32am May 6, 2011 7:32am
those who can, do. those who cant, talk about those who can
  • #437,233
  • May 6, 2011 7:32am May 6, 2011 7:32am
Quoting cloggie
Don't underestimate 4467

Close enough for governement work. I'll forgo those last 3 pips.
  • #437,234
  • May 6, 2011 7:33am May 6, 2011 7:33am
my platform hung for 2 minutes after the news are released -.-"
  • #437,235
  • May 6, 2011 7:33am May 6, 2011 7:33am
Quoting kill56
dam it room why not wait for the news to come out and see what the fock is going on dont get burrned
exactly!
Trends, breakouts, price action.
  • #437,236
  • May 6, 2011 7:33am May 6, 2011 7:33am
Out 60+

Enjoy the rest of the zig zag ladies
  • #437,237
  • May 6, 2011 7:35am May 6, 2011 7:35am
Quoting FishHead
Got a long in at the very bottom.

Why the heck would you want to do that?
  • #437,238
  • May 6, 2011 7:36am May 6, 2011 7:36am
good number but unemploymet is %9.0 bad
  • #437,239
  • May 6, 2011 7:37am May 6, 2011 7:37am
Quoting cloggie
Why the heck would you want to do that?
Possibly for the gambling high they achieve. Sheesh
Trends, breakouts, price action.
  • #437,240
  • May 6, 2011 7:37am May 6, 2011 7:37am
Oh dear, looks like the BIG market players suckered the folks into that sharp fall then subsequent rally and then fall again. The 1 min was the best to trade on the announcement, speaking in hindsight of course.
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