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  • #447,661
  • May 24, 2011 5:08am May 24, 2011 5:08am
Quoting T.E.Lawrence
I'm just kidding.
He said, he makes 300 pips, just by WATCHING, keyword WATCHING. HAHA, If i can watch and make money, then it would be awesome.
  • #447,662
  • May 24, 2011 5:09am May 24, 2011 5:09am
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Quoting PhAnTi'
muahahah 300 pips a day and you wouldnt come back to ff.com...instead you would trade for 2-3 years and then enjoy your life by driving a F430 all day long and building some beach houses at the bahamas.
I agree, the only time I come to FF is when I'm in a losing trade lol.

When I am winning I rarely come by. Too much invested in reading the price action to know when to exit winners.
  • #447,663
  • May 24, 2011 5:09am May 24, 2011 5:09am
What is the news of this spike?

Seb
  • #447,664
  • May 24, 2011 5:09am May 24, 2011 5:09am
Quoting PhAnTi'
muahahah 300 pips a day and you wouldnt come back to ff.com...instead you would trade for 2-3 years and then enjoy your life by driving a F430 all day long and building some beach houses at the bahamas.
Hero calls followed by margin calls...
  • #447,665
  • May 24, 2011 5:11am May 24, 2011 5:11am
Quoting Flynchenberg
What is the news of this spike?

Seb
CBI on england...
  • #447,666
  • May 24, 2011 5:11am May 24, 2011 5:11am
Quoting 4xmaker
For long term trend, it is accurate for me. It hasn't failed me on long term trends. The key I guess is to look at the picture from up far, and not to be worried about H1 or lower charts too much. I am a long term trader, so I don't bother with very short trades, most of my trades have at least 150+ pips of breathing room, so that I can relax and watch the market with plenty of time to think and analyze. 50/50 with spot or entry order positions, since I can't be awake for 24 hours. I live in the middle of the pacific ocean, and its midnight right...
Ok, so you basically look at the cloud. But why is the cloud like many candles ahead of price?

Quoting 4xmaker
I hope I answered your question of how I see the trend has changed.
Lol, yeah.
  • #447,667
  • May 24, 2011 5:11am May 24, 2011 5:11am
Quoting apt
I agree, the only time I come to FF is when I'm in a losing trade lol.

When I am winning I rarely come by. Too much invested in reading the price action to know when to exit winners.



ff.com sucks....but it's a good place to enjoy while waiting for setups tough : p
Hero calls followed by margin calls...
  • #447,668
  • May 24, 2011 5:12am May 24, 2011 5:12am
Quoting KiwiTrada
Need oil to be fake north break
Couple of bombs might help
Attached Image (click to enlarge)
Click to Enlarge Name: oil smack down.png Size: 31 KB
If you are new to Forex? Say Goodbye to your account!!
  • #447,669
  • May 24, 2011 5:12am May 24, 2011 5:12am
Quoting kanunsuz
cbi on england...
news from greeecee yeah !!!
  • #447,670
  • May 24, 2011 5:12am May 24, 2011 5:12am
Quoting T.E.Lawrence
I'm just kidding.
Shit man, you had me excited then.
  • #447,671
  • May 24, 2011 5:12am May 24, 2011 5:12am
Quoting 4xmaker
For long term trend, it is accurate for me. It hasn't failed me on long term trends. The key I guess is to look at the picture from up far, and not to be worried about H1 or lower charts too much. I am a long term trader, so I don't bother with very short trades, most of my trades have at least 150+ pips of breathing room, so that I can relax and watch the market with plenty of time to think and analyze. 50/50 with spot or entry order positions, since I can't be awake for 24 hours. I live in the middle of the pacific ocean, and its midnight right...
nice findings gr8
Make money with me
  • #447,672
  • May 24, 2011 5:12am May 24, 2011 5:12am
17.26 yield on greek bonds... man... they're gonna pay the holders with islands..
Trend is everything.
  • #447,673
  • May 24, 2011 5:13am May 24, 2011 5:13am
Quoting 4xmaker
He said, he makes 300 pips, just by WATCHING, keyword WATCHING. HAHA, If i can watch and make money, then it would be awesome.
  • #447,674
  • May 24, 2011 5:14am May 24, 2011 5:14am
the train could be leaving the station without me on board
if this 5 min candle close below 1.4077 then i'll jump in short
on a retrace lets see
  • #447,675
  • May 24, 2011 5:15am May 24, 2011 5:15am
EURUSD: Loses its grip on 1.41 after Greek opposition leader rejects the new austerity plan following a meeting between govt and opposition..

(Joel Kruger @ Daily FX)
  • #447,676
  • May 24, 2011 5:15am May 24, 2011 5:15am
Quoting bbakker
It is not a question of if, but a question of when Greece will default!

Completely agree with this statement. 2-year Greek bonds are at 26.5%. It would take 15-20% of their GDP just to service the loans. There is no way any country can do that.

I am now starting to think about what comes next.

- With the default, first thing will be a run on the Greek banks with massive public unrest. Quite likely the rioting will be larger than Argentina's unrest when they defaulted.

- The risk of lending to Eurozone periphery countries will go through the roof. Which means Ireland and Portugal will find it impossible to borrow. Not just sovereign loans but even their banks will find it hard if not impossible to borrow money. How will their economies cope with this? Maybe they will default too?

- The ECB could print money or get Germany/France to recapitalize it. At some point the German and French public will just have had enough of bailing out the PIGS.


On the other hand, the Americans might default on August 2nd... lol. Such interesting times for currency traders
We're all stories in the end. Just try to make it a good one.
  • #447,677
  • May 24, 2011 5:16am May 24, 2011 5:16am
i am realy don't und. all news againt's the euro onyl German news is good for euro and euro is rising i realy und. anything its needs to be 1.3990 now :/
  • #447,678
  • May 24, 2011 5:16am May 24, 2011 5:16am
Quoting Leftie
This sounds familar
Nice, playing out right now
Not optimal but worth a look aye
If you are new to Forex? Say Goodbye to your account!!
  • #447,679
  • May 24, 2011 5:19am May 24, 2011 5:19am
Quoting rashygomez
But why is the cloud like many candles ahead of price?

Can anyone explain this?
  • #447,680
  • May 24, 2011 5:20am May 24, 2011 5:20am
Quoting Traderji
Completely agree with this statement. 2-year Greek bonds are at 26.5%. It would take 15-20% of their GDP just to service the loans. There is no way any country can do that.

I am now starting to think about what comes next.

- With the default, first thing will be a run on the Greek banks with massive public unrest. Quite likely the rioting will be larger than Argentina's unrest when they defaulted.

- The risk of lending to Eurozone periphery countries will go through the roof. Which means Ireland and Portugal will find it impossible to...
indeed we do....but thats the EU system...providing the small and weak ones.... anyway germany wont run out of money if they keep rising taxes as they used to do it this year so far.... darnnn !
Hero calls followed by margin calls...
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