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  • #503,081
  • Jul 29, 2011 12:38am Jul 29, 2011 12:38am
Quoting attila
Please understand, a TF being "bottomed" does not mean you go long because the darn thing can continue down with no shame. PA has to confirm, and then you have things like these... news and stuff. However, as long as 4250 holds, it's UP... If things were that easy then I would put trades and just go do other things, but as you can see I'm almost always on... GN all.
totally agree, what we are discussing is the general flavour....
  • #503,082
  • Jul 29, 2011 12:39am Jul 29, 2011 12:39am
Quoting Wulfgar
lol you and me both brother... Im short EG currently at 8760

it kinda shelters me from alot of the USD drama...

besides GBP fundies are def better than EUR fundies
Hey bud... Do you mean EUR/GBP? Never traded it but like i said yesterday im making pips in GBP/CHF so cant hurt to try somethign else...! Thats much more long term, steady downtrend like Swissy... Hows EG? less volatile i take and better for swingers??
  • #503,083
  • Jul 29, 2011 12:39am Jul 29, 2011 12:39am
Quoting gatorinla
nothing to see here but at 4282... may bring 4438... so im being cautious. but r/r at 4282 aint to bad.
still short in 4 positions.
does a new low negate 82?
Look Sharp/Trade Tight
  • #503,084
  • Jul 29, 2011 12:39am Jul 29, 2011 12:39am
Quoting gatorinla
nothing to see here but at 4282... may bring 4438... so im being cautious. but r/r at 4282 aint to bad.
still short in 4 positions.
Pity Dodd and Fuck played you out of the other set of charts. Kinda pains me to see those.
  • #503,085
  • Jul 29, 2011 12:39am Jul 29, 2011 12:39am
There must be a Central Bank or two holding this up.

Both after vote was cancelled and spain possible rating downgrade came through, BAM they stopped the falling knife at 4281.

Could this be Japs doing? UJ is already running away.
We're all stories in the end. Just try to make it a good one.
  • #503,086
  • Jul 29, 2011 12:42am Jul 29, 2011 12:42am
Quoting Pipsforall
Moody's to possibly downgrade Spain. That was the coin flip.
so was the vote not happening. i don't c either on my chart.
those who can, do. those who cant, talk about those who can
  • #503,087
  • Jul 29, 2011 12:42am Jul 29, 2011 12:42am
Stay smooth fakkers.

Yo!

  • #503,088
  • Jul 29, 2011 12:43am Jul 29, 2011 12:43am
Quoting Pipsforall
My TP is 1.4250, let's see if we get there.

we are on same boat Happy friday!!
Less is more...
  • #503,089
  • Jul 29, 2011 12:44am Jul 29, 2011 12:44am
just heard on the news BNN, the vote will happen tonight.
  • #503,090
  • Jul 29, 2011 12:44am Jul 29, 2011 12:44am
Quoting gatorinla
so was the vote not happening. i don't c either on my chart.
If you mean the House vote it was delayed.
Yay! Pips for everyone!
  • #503,091
  • Jul 29, 2011 12:44am Jul 29, 2011 12:44am
Quoting PayTheLimit
does a new low negate 82?
a new low is better.. take out that db at 80/82 is good at least for the trade im in
those who can, do. those who cant, talk about those who can
  • #503,092
  • Jul 29, 2011 12:47am Jul 29, 2011 12:47am
Quoting gatorinla
a new low is better.. take out that db at 80/82 is good at least for the trade im in

10-4, I'm watching 88ish on the hour...below opens the door for 29ish...
Look Sharp/Trade Tight
  • #503,093
  • Jul 29, 2011 12:47am Jul 29, 2011 12:47am
Quoting Pipsforall
If you mean the House vote it was delayed.
delayed w/o a new vote, scheduled.
those who can, do. those who cant, talk about those who can
  • #503,094
  • Jul 29, 2011 12:51am Jul 29, 2011 12:51am
Quoting Pipbumper
It will go to 1.41, but 1.42-.4250 is a kind of dangerzone for retracement. No good sight in where it will retrace, but 1.4350 could be a candidate. In any case, I'm done trading, see what it brings tomorrow.
Seems my yesterdays guess was not that bad, but had nothing to do with the vote delay nor the spain/moody stuff, meaning technicals will take over.

I think the road to 1.41 is open, but the 1.4250 zone needs to be cleared. Who knows what news is coming next
  • #503,095
  • Jul 29, 2011 12:51am Jul 29, 2011 12:51am
my beautiful beautiful girls, 22 hrs of bliss and counting
If you are new to Forex? Say Goodbye to your account!!
  • #503,096
  • Jul 29, 2011 12:54am Jul 29, 2011 12:54am
Quoting gatorinla
most think the usd would drop. but in reality nobody knows. if we shot up to 1.6 or higher.. who would buy German exports? who would buy mined commodities. as the u.s. demand goes.. so does Asian demand. it would probably not be a pretty picture worldwide.
u.s. in trouble. and the usd gains strength. wtf?
those who can, do. those who cant, talk about those who can
  • #503,097
  • Jul 29, 2011 12:56am Jul 29, 2011 12:56am
Quoting gatorinla
u.s. in trouble. and the usd gains strength. wtf?
My guess is that it will drop till the next eu hike, then it will rise, then it will drop again ...

We need to take some pills against that desease ...
  • #503,098
  • Jul 29, 2011 12:57am Jul 29, 2011 12:57am
morning all, two things:

1) when does the US debt ceiling issue need to be resolved by?
2) do u think euro can reach 1.45 in the next day or two?

and thirdly...

3) with the DOW having dropped a huge chunk, if the debt ceiling is raised, confidence returns, should i expect DOW to rise

Im relying on traders who've experienced this event in the past, as its the first time im conscious of this event
  • #503,099
  • Jul 29, 2011 12:58am Jul 29, 2011 12:58am
Dunno if many of you guys would be into this stuff, but this is todays quote from "Abraham", ie source of law of attraction stuff... at least it made me feel a bit better after this mostly crap week (thankyou gbcchf!)


"You are meant to succeed, and failure should feel bad to you. Life is supposed to go well for you—and when it does not— there is something wrong. But what is wrong is not something that is outside of you over which you have no control. What is wrong is within you, and you do have control. And taking control is not difficult to do once you understand the basis of who-you-are and the basics of the Law of Attraction and the value of your personal Emotional Guidance System. " --- Abraham
  • #503,100
  • Jul 29, 2011 12:59am Jul 29, 2011 12:59am
Quoting gatorinla
u.s. in trouble. and the usd gains strength. wtf?
t i c k - t o c k

Not if it was my choice...I'm sure there's others.

Twill be eventful.
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