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  • #476,061
  • Jun 29, 2011 12:42pm Jun 29, 2011 12:42pm
Would be nice. Good to see you around Grashid

Quoting grashid
..........
Disclaimer: Check your 1m charts
  • #476,062
  • Jun 29, 2011 12:43pm Jun 29, 2011 12:43pm
Quoting pipper
Would be nice. Good to see you around Grashid
  • #476,063
  • Jun 29, 2011 12:44pm Jun 29, 2011 12:44pm
Inserted Video
  • #476,064
  • Jun 29, 2011 12:46pm Jun 29, 2011 12:46pm
Quoting wallstreet03
1,4439 shortttttttttttttttttt!
dangerous there is another 150pip move up to go yet
  • #476,065
  • Jun 29, 2011 12:46pm Jun 29, 2011 12:46pm
Quoting FibbinArchie
http://www.youtube.com/watch?v=ixjmf2wY6gQ
Gerald Celente is smart guy but this Max Keiser...dumb , crash JP Morgan, buy silver, lol, how naive someone can be.
  • #476,066
  • Jun 29, 2011 12:47pm Jun 29, 2011 12:47pm
Quoting wallstreet03
1,4439 shortttttttttttttttttt!
chill n patient brother....

current H4=Daily=Weekly and wait for tomorrow close for = Monthly or not.

http://forex-grashid.blogspot.com/20...ly-1-2011.html

simple
  • #476,067
  • Jun 29, 2011 12:48pm Jun 29, 2011 12:48pm
We had some good news for the euro. Plus the bearish reaction earlier got bought easily. It's going up!
  • #476,068
  • Jun 29, 2011 12:49pm Jun 29, 2011 12:49pm
The most striking feature of the new austerity package is another increase in taxes. The Greece situation will continue to escalate and the country is on the edge of a civil war. I do not think that the entire law enforcement sector as well as the military will continue with the fleecing of their country for very long. The troubling thing is, this will not be an issue confined to Greece.
  • #476,069
  • Jun 29, 2011 12:52pm Jun 29, 2011 12:52pm
Quoting Astroman
Nice advice.

I think the above deserves a good look. Do not trade to earn a living if you are still learning how to trade. In other words, don't quit your job. Does your work have a weekend shift? If so try to get switched over if you can. You can keep your job and still have plenty of time to trade during the week.

If you are sick of your job and are bound and determined to do it full time, get a float together first. Put away enough money to cover all your bills and expenses for at least 6 months, preferably a year, so you can trade...
Or... do what I do and swing trade the daily charts. Plenty of pips to be had... and the comfort knowing that at any time, if my job really p!sses me off, I could walk out on the spot and not have to worry about my finances.

Sure, not the best scalper in the world, but it's something I can learn, and daily provides enough pippage to live on too... Just sayin...!

Edit, and, the daily charts are highly accurate. My swing account has had 1 loss so far this year on May 23rd, fake out bull candle on the swissy (Damn you, swissy!!). Scalping account is a lot more ugly lol
  • #476,070
  • Jun 29, 2011 12:55pm Jun 29, 2011 12:55pm
Quoting grashid
..........
yeah, right
Attached Image
  • #476,071
  • Jun 29, 2011 12:56pm Jun 29, 2011 12:56pm
Quoting Alexone
We had some good news for the euro. Plus the bearish reaction earlier got bought easily. It's going up!
Good news for euro???????
With one?????
  • #476,072
  • Jun 29, 2011 12:56pm Jun 29, 2011 12:56pm
Quoting Venice
Or... do what I do and swing trade the daily charts. Plenty of pips to be had... and the comfort knowing that at any time, if my job really p!sses me off, I could walk out on the spot and not have to worry about my finances.

Sure, not the best scalper in the world, but it's something I can learn, and daily provides enough pippage to live on too... Just sayin...!

Edit, and, the daily charts are highly accurate. My swing account has had 1 loss so far this year on May 23rd, fake out bull candle on the swissy (Damn you, swissy!!)
How do you do it? Do you have a system?
  • #476,073
  • Jun 29, 2011 12:58pm Jun 29, 2011 12:58pm
Quoting jmtini
How do you do it? Do you have a system?
Check charts every night during asia, place my pending orders based on pivots and strong levels of support, awake next morning to see where I stand, maybe make a few adjustments to the orders, other then that, just following PA. I get 5 candles a week and try to make the best of them.

Candles lead the way, I follow.
  • #476,074
  • Jun 29, 2011 1:00pm Jun 29, 2011 1:00pm
Quoting Venice
Or... do what I do and swing trade the daily charts. Plenty of pips to be had... and the comfort knowing that at any time, if my job really p!sses me off, I could walk out on the spot and not have to worry about my finances.

Sure, not the best scalper in the world, but it's something I can learn, and daily provides enough pippage to live on too... Just sayin...!
You are not going to convince many with a longer timeframe if you take the excitement, adrenaline and get rich fast out of the equation. Plus it will be bad for us in higher TF and for all who successfully exploit this noise in shorter TF. If all the indicators, random noise and thousands of intraday systems translate into that TFs it will make charts a lot choppier and difficult to read....so better leave it as it is...just saying...!

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #476,075
  • Jun 29, 2011 1:01pm Jun 29, 2011 1:01pm
Quoting GoldMan.
Gerald Celente is smart guy but this Max Keiser...dumb , crash JP Morgan, buy silver, lol, how naive someone can be.
fair comment, but you get it straighter from these sources than from main stream media, and half the stuff keiser comes out with is strictly tongue in cheek...
  • #476,076
  • Jun 29, 2011 1:01pm Jun 29, 2011 1:01pm
Quoting sisse
You are not going to convince many with a longer timeframe if you take the excitement, adrenaline and get rich fast out of the equation. Plus it will be bad for us in higher TF and for all who successfully exploit this noise in shorter TF. If all the indicators, random noise and thousands of intraday systems translate into that TFs it will make charts a lot choppier and difficult to read....so better leave it as it is...just saying...!

sisse
lol. Fair Enough sisse
  • #476,077
  • Jun 29, 2011 1:03pm Jun 29, 2011 1:03pm
anyways what we got here? a low liquidity assault on 450 brewing?
  • #476,078
  • Jun 29, 2011 1:04pm Jun 29, 2011 1:04pm
Quoting SirMcPip
The most striking feature of the new austerity package is another increase in taxes.
I would think before they started raising any taxes they would solve the deep rooted problem they have over there of cheating on taxes and outright tax evasion. This is a very real problem over there.

There is not a very big downside either even if you do get caught. If you get caught there is a good chance nothing will happen to you anyway. If you get prosecuted one can easily tie it up for years and years.
  • #476,079
  • Jun 29, 2011 1:04pm Jun 29, 2011 1:04pm
Greece has been living beyond its means in recent years, and its rising level of debt has placed a huge strain on the country's economy.
The Greek government borrowed heavily and went on something of a spending spree during the past decade.
Public spending soared and public sector wages practically doubled during that time.
However, as the money flowed out of the government's coffers, tax income was hit because of widespread tax evasion.
When the global financial downturn hit, Greece was ill-prepared to cope.

I asked the question why greece is in debt in Google and the above is the answer I got. BBC new Q& A

The red line is something we have to look into
  • #476,080
  • Jun 29, 2011 1:04pm Jun 29, 2011 1:04pm
Nice retest and up

Quoting pipper
Broke bully... Let's see what the retest is like
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