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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #18,441
  • Sep 15, 2011 6:46am Sep 15, 2011 6:46am
going to call it a day guys. this is bloody slow and the range is really not worth it. going to enjoy my £16.20 profit today with chinese take away later.

seriously today is rubbish
  • #18,442
  • Sep 15, 2011 8:09am Sep 15, 2011 8:09am
Quoting nAVIN2007
yes nothing is set in stone
I think i will get it after this news
Trade with the momentum
  • #18,443
  • Sep 15, 2011 8:09am Sep 15, 2011 8:09am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
And....we are there...


Quoting ams
Hey Mate, how is life?

DX's WPV is near (it broke yesterday's low so obvious will go down another 30-40 pips) and I see it touching it and going to 76ishhh...EURO to 3880-39ishh and cable to??? don't know it's a nightmare to trade now a days
  • #18,444
  • Sep 15, 2011 8:09am Sep 15, 2011 8:09am
look where the euro stopped on that spike. I took some on that little squeeze. Keep an eye on the major desc utl, that breaks, this retrace has a possibility to turn to a reversal and push back higher towards 4100 level.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurh1.gif Size: 22 KB
Click to Enlarge Name: eum1.png Size: 33 KB
Thank You
  • #18,445
  • Sep 15, 2011 8:09am Sep 15, 2011 8:09am
Quoting sailor68
I think i will get it after this news
can u tell me what the fool said?
Attached Image (click to enlarge)
Click to Enlarge Name: persistence.jpg Size: 64 KB
  • #18,446
  • Sep 15, 2011 8:14am Sep 15, 2011 8:14am
wow.. right after a very mean close of the last 4h candle (pinbar that failed yesterdays high) the ecb told they gonna give more money to eurpean banks. it was a matter of 5 seconds that i didnt put a sell order.. i would have been very much pissed!oh well... my congrats to the fellas who were long! i got just 10 pips today.. but with the news and all the bullshit i think i will stay out and will call a no trade day... bitches.

BTW... usd might have abandon the flag for good... we just need to see where this hour close
I don't want a job, i want money!
  • #18,447
  • Sep 15, 2011 8:14am Sep 15, 2011 8:14am
Quoting wormboy
look where the euro stopped on that spike. I took some on that little squeeze. Keep an eye on the major desc utl, that breaks, this retrace has a possibility to turn to a reversal and push back higher towards 4100 level.
Gone. 4100 is the next resistance.
Attached Image (click to enlarge)
Click to Enlarge Name: eurh1a.gif Size: 22 KB
Thank You
  • #18,448
  • Sep 15, 2011 8:22am Sep 15, 2011 8:22am
Quoting dario1002
wow.. right after a very mean close of the last 4h candle (pinbar that failed yesterdays high) the ecb told they gonna give more money to eurpean banks. it was a matter of 5 seconds that i didnt put a sell order.. i would have been very much pissed!oh well... my congrats to the fellas who were long! i got just 10 pips today.. but with the news and all the bullshit i think i will stay out and will call a no trade day... bitches.

BTW... usd might have abandon the flag for good... we just need to see where this hour close
price has taken friday's hi
Thank You
  • #18,449
  • Sep 15, 2011 8:22am Sep 15, 2011 8:22am
Quoting shr5
Stop amended to 1.5765 and TP @ 1.5895
closed at 1.5845....50 pips is enough for the day
Raza
  • #18,450
  • Sep 15, 2011 8:25am Sep 15, 2011 8:25am
Quoting shr5
closed at 1.5845....50 pips is enough for the day
well done bro, excellent trading
Thank You
  • #18,451
  • Sep 15, 2011 8:26am Sep 15, 2011 8:26am
Quoting wormboy
price has taken friday's hi

i know.. and it made even 230 pips today... not gonna buy at 39 f@ck!
I don't want a job, i want money!
  • #18,452
  • Sep 15, 2011 8:29am Sep 15, 2011 8:29am
Quoting dario1002
i know.. and it made even 230 pips today... not gonna buy at 39 f@ck!
Well okay.

We've seen many 300 pip days on the euro of late just sayin
Thank You
  • #18,453
  • Sep 15, 2011 8:32am Sep 15, 2011 8:32am
Quoting dario1002
i know.. and it made even 230 pips today... not gonna buy at 39 f@ck!
WP we are not so far (i bought it) TP1 40 and TP2 41 (i learn to hold a trade)
Trade with the momentum
  • #18,454
  • Sep 15, 2011 8:36am Sep 15, 2011 8:36am
Quoting sailor68
WP we are not so far (i bought it) TP1 40 and TP2 41 (i learn to hold a trade)
And Stop below yesterday's high (let see)
Trade with the momentum
  • #18,455
  • Sep 15, 2011 8:40am Sep 15, 2011 8:40am
ams tell what the hell happened news wise?
  • #18,456
  • Sep 15, 2011 8:43am Sep 15, 2011 8:43am
Ecb annonces dollar liquidity measures in cooperation with Fed, Ecb coordinated with Fed, Snb, Boe and Boj on Dollar loans
Trade with the momentum
  • #18,457
  • Sep 15, 2011 8:44am Sep 15, 2011 8:44am
Quoting sailor68
Ecb annonces dollar liquidity measures in cooperation with Fed, Ecb coordinated with Fed, Snb, Boe and Boj on Dollar loans
what does this actually mean
  • #18,458
  • Sep 15, 2011 8:50am Sep 15, 2011 8:50am
Quoting chazzle
Close enough I suppose - short 13800 sl 13865
Err ... Well and truly stopped
  • #18,459
  • Sep 15, 2011 8:52am Sep 15, 2011 8:52am
Quoting nAVIN2007
what does this actually mean
Unlimited liquidity (fixed rate) in Dollars for European Bank

(we can think like a security if Greece default)
Trade with the momentum
  • #18,460
  • Sep 15, 2011 8:53am Sep 15, 2011 8:53am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
not much other then...
banks outside of eurpean union i.e. US, UK, Asian banks were not trusting any european bank to provide them with liquidity aka overnight loans or loans as such. Since the global currency is the dollar, FED themselves came out and said they will provide dollar liquidity to european banks their rate is 0 % so fantastic for ECB banks. Meaning FED will print more money now for european banks
All central banks other than fed has also said yes to provide money to ecb in their respective currencies, chf, gbp, yen etc.. so no more credit crunch for ECB as they used to borrow from private investors who are more of speculators then investor and taking the piss out of inside information :-)

It's not much they have to print for now since the figure is not published yet. This move could be reversed if the amount isn't substantial. This is all a joke until we see QE3 from fed OR this could very well be the move market didn't anticipate at all and replacement for QE3!

Not sure if it helped but do ask if any doubts.

ta
ams



Quoting nAVIN2007
ams tell what the hell happened news wise?
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