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  • #517,121
  • Aug 9, 2011 3:17pm Aug 9, 2011 3:17pm
From forexlive.com Eg

 

  1. Economic conditions likely to warrant exceptionally low Fed fund rates at least through mid 2013
  2. Fed’s Fisher, Kocherlakota and Plosser dissented against action, preferring to retain extended period language
  3. Economic growth this year considerably lower than committee had expected
  4. Discussed range of policy tools avaialable to promote stronger recovery, prepared to employ tools as appropriate
  5. Expects slower pace of recovery over coming quarters, unemployment to decline only gradually
  6. Indicators suggest labour markets conditions have deteriorated in recent months



Quoting egkid
Anyone can answer ?
Disclaimer: Check your 1m charts
  • #517,122
  • Aug 9, 2011 3:17pm Aug 9, 2011 3:17pm
Quoting deeZG
you're most probably right. the difference now and lets say 6 months ago is that i still feel it now but am scared of it and don't touch keyboard while feeling it.
if i should point to a single thing that helped me most getting from loser to profitable (even smallest profit) - that would be that fear of adrenaline.

Only thing that gets me worried is when I start getting winning streaks. I don't like that. I like to have my expected amount of losses to keep the status quo where it needs to be.
  • #517,123
  • Aug 9, 2011 3:18pm Aug 9, 2011 3:18pm
Quoting PayTheLimit
we are struggling to get below last hours close at 33.4, thats for damn sure...
Yeah...glad I pulled some. Will still play again at 63 though, I think!

Attached Image (click to enlarge)
Click to Enlarge Name: 1min.PNG Size: 43 KB
  • #517,124
  • Aug 9, 2011 3:18pm Aug 9, 2011 3:18pm
Quoting KumoDragon
Let me tell you a little secret, just about everyone on this entire forum is completely full of shit and crap at trading. There are maybe 3 people on this entire site that I've seen consistently call trades ahead of move.... and that's being generous.

Most just come here to pass time while waiting for the next set up and run their mouths about why they think price will go this way or that way.

IGNORE them, it will really fuck up your trading. Learn to trade yourself dont depend on the punters opinions here.
you've missed the point.
this is the place that i feel good at (at the moment, who knows what will tomorrow bring). not here to get anyone's plan or secrets...it just feelz good...

thanks for the advice, anyway!
big numbers are our friends...
  • #517,125
  • Aug 9, 2011 3:18pm Aug 9, 2011 3:18pm
That is a beautiful chart matei. Do not know what in the hell you are trying to say though.

  • #517,126
  • Aug 9, 2011 3:19pm Aug 9, 2011 3:19pm
Quoting KumoDragon
Let me tell you a little secret, just about everyone on this entire forum is completely full of shit and crap at trading. There are maybe 3 people on this entire site that I've seen consistently call trades ahead of move.... and that's being generous.

Most just come here to pass time while waiting for the next set up and run their mouths about why they think price will go this way or that way.

IGNORE them, it will really fuck up your trading. Learn to trade yourself dont depend on the punters opinions here.
From the man who is pissed he missed the "move of the day" while going for lunch during the FOMC release.

Classic!
  • #517,127
  • Aug 9, 2011 3:19pm Aug 9, 2011 3:19pm
Quoting kenfen69
Yeah...glad I pulled some. Will still play again at 63 though, I think!
bastards wont give up last hours close, was hopping for a quick test of 15.4...
Look Sharp/Trade Tight
  • #517,128
  • Aug 9, 2011 3:20pm Aug 9, 2011 3:20pm
Quoting kenfen69
Did not, mate. But I'm certainly smiling looking at your chart!

Very well done, brother!
thanks man
big numbers are our friends...
  • #517,129
  • Aug 9, 2011 3:20pm Aug 9, 2011 3:20pm
Quoting jaylovin
At today's meeting, the FOMC left its target Fed funds rate between 0% and 0.25% as widely expected. The Fed said it expects a slower pace of recovery than previously anticipated during the last meeting. The Fed also said it is prepared to employ tools as appropriate to promote a strong economic outlook recovery in a context of price stability.

taken from: http://www.fxstreet.com/news/forex-n...7-945b8728fb14
Thanks brother
No profit for today just wast of time Damn it
PA will go back 4260 "that's my view"
  • #517,130
  • Aug 9, 2011 3:21pm Aug 9, 2011 3:21pm
Gotta head

Early day for me 2mw. Have a 4Hr closing in 38mins.. Might see another push

Trade safe folks
Disclaimer: Check your 1m charts
  • #517,131
  • Aug 9, 2011 3:21pm Aug 9, 2011 3:21pm
Week 6 of June was cracked too easily, close 1.43446/low 1.43220. I think week 11 of May is better to mix traders.

Low is 1.43649 and close 1.44238. There are no good monthly reference points really close to search for stops so weekly should do.
They think they are smarter than I am.
  • #517,132
  • Aug 9, 2011 3:22pm Aug 9, 2011 3:22pm
Quoting kenfen69
From the man who is pissed he missed the "move of the day" while going for lunch during the FOMC release.

Classic!
No trade = no loss. I'll bet a lot of people here got boned by that move, probably you too lol.

P.S. Not that that it matter, but I did get 50 pips between trades before the release.
  • #517,133
  • Aug 9, 2011 3:22pm Aug 9, 2011 3:22pm
covered them..reason, I dont need this shit...
Look Sharp/Trade Tight
  • #517,134
  • Aug 9, 2011 3:23pm Aug 9, 2011 3:23pm
Quoting darimik
not as certain though..

Attachment
Hello,

That means the image these terms, "m", "m1", "a", "M33", "B", "v "...?

Thank's
  • #517,135
  • Aug 9, 2011 3:23pm Aug 9, 2011 3:23pm
Quoting PayTheLimit
bastards wont give up last hours close, was hopping for a quick test of 15.4...
Yep...wondering if we're going to hang here then get a northern Asian spike.

Had a good 24 hours...may just flatten and cancel my pending at 63 for now.
  • #517,136
  • Aug 9, 2011 3:23pm Aug 9, 2011 3:23pm
Quoting Venice
Only thing that gets me worried is when I start getting winning streaks. I don't like that. I like to have my expected amount of losses to keep the status quo where it needs to be.
you're so right about that.
i still haven't got to the point of full control of myself where i could suppress freakin 'I'm a genius' feeling and put my self in 'you're still an idiot' line. usually, that's when i overtrade and screw thing up, naturally.

but, the most of it is gone. i can see a glimpses of consistency finally
big numbers are our friends...
  • #517,137
  • Aug 9, 2011 3:23pm Aug 9, 2011 3:23pm
Quoting Cypher
lot of wicks form on M5 like price is struggling to break to the up but im wondering weather it turn into slow us mode now with small candles till asia
But check M15...higher high and higher close on each candle...
I would never short such setup
COT: The precious data ignored
  • #517,138
  • Aug 9, 2011 3:24pm Aug 9, 2011 3:24pm
Quoting kenfen69
Yep...wondering if we're going to hang here then get a northern Asian spike.

Had a good day 24 hours...may just flatten and cancel my pending at 63 for now.
ditto, am going down for a nap, good luck, PTL...
Look Sharp/Trade Tight
  • #517,139
  • Aug 9, 2011 3:24pm Aug 9, 2011 3:24pm
Quoting deeZG
thanks man
Thank you!

Green pips always make me smile...even if they're somebody else's!
  • #517,140
  • Aug 9, 2011 3:25pm Aug 9, 2011 3:25pm
Quoting kuroro001
But check M15...higher high and higher close on each candle...
I would never short such setup
I would never short a minor supply zone. Same different I suppose. lol. Minors are more often then not speed bumps, as the name would imply. But, i've seen 'em turn the market too.
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