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  • #456,941
  • Jun 7, 2011 1:42pm Jun 7, 2011 1:42pm
Quoting Forexia
Ok that was a serious question. If that's the best answer you can come up with, I am putting you on "Ignore List". I have no time or patience for personal insults.
It is more than just the news as it is. Was the news expected by the majority? Was the news unexpected? If unexpected balanced which way? Then there is the technical... only when supply and demand do not agree do we see movement, until we find an area where one out weighs the other and we switch directions, rinse and repeat.

One little comment like this, especially since it is expected, is not enough to tip any bit of balance right now.

Focus on the charts, don't worry about the nonsense news. The charts will lead the way.
  • #456,942
  • Jun 7, 2011 1:43pm Jun 7, 2011 1:43pm
Quoting FibbinArchie
it probably will once tokyo get the ball...
OK. Pretty strange that nobody seems to be trading in the NY afternoon session anymore.

Thanks for the answer.
Make your losses in demo. Earn your profits live.
  • #456,943
  • Jun 7, 2011 1:44pm Jun 7, 2011 1:44pm
Quoting Mr Hatch
yes, just adjust the levels from -10 via 0 to 10 insteps of 1.
i like this setup Thanks Mr. Hatch
Hope
  • #456,944
  • Jun 7, 2011 1:44pm Jun 7, 2011 1:44pm
Quoting FibbinArchie
would've expected more of a reaction, given he's basically said, further monetary stimulus is pretty much on the cards...
I know. This is what I thought. Well, will waiting for the Japanese traders. Another afternoon wasted. *sigh*
Make your losses in demo. Earn your profits live.
  • #456,945
  • Jun 7, 2011 1:45pm Jun 7, 2011 1:45pm
Quoting pipper
just for the hell of it. if we don't retrace c how 4712.3 acts. if we do retrace a close below 4679.5 may be the first clue. 1 h closes. i still c 4703 08 and now 12 as some resistance. the rest with 4663 and 53 remain the same.
3712 is a smaller tf. the larger one still shows 3739.
those who can, do. those who cant, talk about those who can
  • #456,946
  • Jun 7, 2011 1:45pm Jun 7, 2011 1:45pm
Quoting Forexia
I know. This is what I thought. Well, will waiting for the Japanese traders. Another afternoon wasted. *sigh*
Join me on the daily charts... then you can be incredibly bored and post excessive amounts of nonsense here. Then all you have to care about is the rare dull trading week.
  • #456,947
  • Jun 7, 2011 1:47pm Jun 7, 2011 1:47pm
Quoting FibbinArchie
would've expected more of a reaction, given he's basically said, further monetary stimulus is pretty much on the cards...
hmm, actually two conflicting reports here...

http://www.reuters.com/article/2011/...ce=twitterfeed

http://www.bloomberg.com/news/2011-0...-recovery.html
  • #456,948
  • Jun 7, 2011 1:48pm Jun 7, 2011 1:48pm
Quoting PayTheLimit
You dont have to talk to them, lol. I dont like your #4 or #5 picks, you should also consider Kelly Madison somewhere on that list...
i had to google kelly madison... need to study her works first *g
what is it about #4? she's tiny, flexible, hard-bodied...

enough of that now.
  • #456,949
  • Jun 7, 2011 1:49pm Jun 7, 2011 1:49pm
Quoting FibbinArchie
it probably will once tokyo get the ball...
forexlive was reporting a chinese-protected barrier option at 1.47... would they really stab it?
  • #456,950
  • Jun 7, 2011 1:49pm Jun 7, 2011 1:49pm
Approaching 700 psych level. Probably many Sell orders here with tight stops. Maybe 'they' will fake 'em out !?
  • #456,951
  • Jun 7, 2011 1:49pm Jun 7, 2011 1:49pm
Quoting Mr Hatch
i had to google kelly madison... need to study her works first *g
what is it about #4? she's tiny, flexible, hard-bodied...

enough of that now.
Yeah, probably should have labeled those names NSFW. lol.
  • #456,952
  • Jun 7, 2011 1:51pm Jun 7, 2011 1:51pm
Quoting Venice
It is more than just the news as it is. Was the news expected by the majority? Was the news unexpected? If unexpected balanced which way? Then there is the technical... only when supply and demand do not agree do we see movement, until we find an area where one out weighs the other and we switch directions, rinse and repeat.

One little comment like this, especially since it is expected, is not enough to tip any bit of balance right now.

Focus on the charts, don't worry about the nonsense news. The charts will lead the way.
My chart was telling me it should go up. EU's been creeping up all morning but all of sudden dropped when Bernanke announced more QE. I mean if this news is priced in, at least the price should stay still but it actually dropped. So I guess people expected too much before??

How do you get a supply/demand info. of a currency?
Make your losses in demo. Earn your profits live.
  • #456,953
  • Jun 7, 2011 1:52pm Jun 7, 2011 1:52pm
Quoting Forexia
How do you get a supply/demand info. of a currency?
By looking to the left on my chart.
  • #456,954
  • Jun 7, 2011 1:53pm Jun 7, 2011 1:53pm
Quoting profx
Approaching 700 psych level. Probably many Sell orders here with tight stops. Maybe 'they' will fake 'em out !?
in which case Kambooj's spike scenario may be validated.
  • #456,955
  • Jun 7, 2011 1:53pm Jun 7, 2011 1:53pm
Quoting Forexia
Well it seems whenever I am in the market, the price stops moving.
At what time GMT do you trade normally?
  • #456,956
  • Jun 7, 2011 1:54pm Jun 7, 2011 1:54pm
Look Sharp/Trade Tight
  • #456,957
  • Jun 7, 2011 1:54pm Jun 7, 2011 1:54pm
Quoting Mr Hatch
forexlive was reporting a chinese-protected barrier option at 1.47... would they really stab it?
i guess we're gonna have to wait to find out...
  • #456,958
  • Jun 7, 2011 1:54pm Jun 7, 2011 1:54pm
Quoting Venice
Yeah, probably should have labeled those names NSFW. lol.
I'm lucky that my "boss" is not around
  • #456,959
  • Jun 7, 2011 1:55pm Jun 7, 2011 1:55pm
Quoting Venice
Join me on the daily charts... then you can be incredibly bored and post excessive amounts of nonsense here. Then all you have to care about is the rare dull trading week.
Hmmmnn... Thought of following the daily charts actually especially that trading signals are more reliable on daily tf but couldn't work out how and when to sleep when following the chart?

You must have body and mind of steel
Make your losses in demo. Earn your profits live.
  • #456,960
  • Jun 7, 2011 1:55pm Jun 7, 2011 1:55pm
Quoting Mr Hatch
forexlive was reporting a chinese-protected barrier option at 1.47... would they really stab it?
I say lets clean it up now, and be done with it....
Look Sharp/Trade Tight
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