I hope that it's going down hell this time!
me too!! this morning it took long to go long so hoping it is same story / taking long again to...d
r
o
p....
The forex market has its own life and takes its own time.
- #547,203
- Oct 5, 2011 11:38am Oct 5, 2011 11:38am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
COT: The precious data ignored
- #547,206
- Oct 5, 2011 11:40am Oct 5, 2011 11:40am
- Joined Apr 2008 | Status: Trader | 9,414 Posts
I'd like to see 1,3400 before Hell!
But hey i don't decide!
- #547,208
- Oct 5, 2011 11:40am Oct 5, 2011 11:40am
- Joined Jul 2009 | Status: Winter is coming. Ask Kondratieff. | 8,196 Posts
"I know one thing, that I know nothing." Sokrates
- #547,209
- Oct 5, 2011 11:44am Oct 5, 2011 11:44am
- | Joined Feb 2010 | Status: Buy on the rumor, sell on the news. | 265 Posts
lesson learned long time ago.... now when i play i just turn my heart off and become a zombie trader.... if we close our shorts guaranteed the market will drop 70+ pips minimum lol. that happened to me this morning...trade closed and rocket launched....
- #547,210
- Oct 5, 2011 11:48am Oct 5, 2011 11:48am
- | Joined Aug 2009 | Status: Membership Revokеd | 4,396 Posts
You cannot learn better without losing
- #547,212
- Oct 5, 2011 11:52am Oct 5, 2011 11:52am
- Joined Aug 2009 | Status: Trader | 12,448 Posts
Still holding my shorts... kiwi, did u hold ur shorts or did the spike scare out of the position?
may set trailtop
If you are new to Forex? Say Goodbye to your account!!
- #547,213
- Oct 5, 2011 11:56am Oct 5, 2011 11:56am
- Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++
- #547,214
- Oct 5, 2011 12:00pm Oct 5, 2011 12:00pm
- | Joined Aug 2009 | Status: Membership Revokеd | 4,396 Posts
but is 5.48am am getting tired
If i would i could kick this FX. Health is wealth and this is my first priority.
You cannot learn better without losing
- #547,216
- Oct 5, 2011 12:19pm Oct 5, 2011 12:19pm
- Joined Aug 2009 | Status: Trader | 12,448 Posts
5:38 AM and you still sitting on FX seat?
If i would i could kick this FX. Health is wealth and this is my first priority.
If you are new to Forex? Say Goodbye to your account!!
- #547,217
- Oct 5, 2011 12:25pm Oct 5, 2011 12:25pm
- | Joined Oct 2011 | Status: Trader | 1,010 Posts
My rather negative outlook on the Euro Finance Policy has helped me doing good decisions till this weeks low.
However it did stand in my way when i should have bought the lows of Thursday. It also has a influence in my TA.
Also, 2 fundamental facts caught me off guard to be in tune with the markets. I was flat most of the time today, however
the price action that happend i did not expect to be this big. (Especially in DAX compared to DJ)
1. The IWF announced to buy Spanish and Portugal bonds if needed.
2. Merkel and gang putting a lot of big words in the media to bail everybody and his dog out and keeping every Bank liquid, no matter how high the price will be.
I for me had to realise that it is not a matter of what is right or wrong. It is not to ask the question
should they rather let them go bancrupt instead of creating more debth with more promises, and so on.
As a trader i have to tell myself time and time again that i must only react on the market, not judge it.
I believe to realise, that Merkel is so determined to bail everybody out to whatever price.
Now look at Bank Shares, especially Central European Banks, the swings they have in price is just
bloody ridicolous. This volatility will continue like that, and i am certain, that we wont see a crash
in equities or currencies. The company earnings are just still way to good and positive to let that happen.
Again, no matter how Fundies are or seem to be, we traders have to react to price regardless.
This is a major part of my mindset i will focus in the coming days.
Green pips to all, and rock on!
gl TP
However it did stand in my way when i should have bought the lows of Thursday. It also has a influence in my TA.
Also, 2 fundamental facts caught me off guard to be in tune with the markets. I was flat most of the time today, however
the price action that happend i did not expect to be this big. (Especially in DAX compared to DJ)
1. The IWF announced to buy Spanish and Portugal bonds if needed.
2. Merkel and gang putting a lot of big words in the media to bail everybody and his dog out and keeping every Bank liquid, no matter how high the price will be.
I for me had to realise that it is not a matter of what is right or wrong. It is not to ask the question
should they rather let them go bancrupt instead of creating more debth with more promises, and so on.
As a trader i have to tell myself time and time again that i must only react on the market, not judge it.
I believe to realise, that Merkel is so determined to bail everybody out to whatever price.
Now look at Bank Shares, especially Central European Banks, the swings they have in price is just
bloody ridicolous. This volatility will continue like that, and i am certain, that we wont see a crash
in equities or currencies. The company earnings are just still way to good and positive to let that happen.
Again, no matter how Fundies are or seem to be, we traders have to react to price regardless.
This is a major part of my mindset i will focus in the coming days.
Green pips to all, and rock on!
gl TP
- #547,218
- Oct 5, 2011 12:32pm Oct 5, 2011 12:32pm
- | Joined Aug 2009 | Status: Membership Revokеd | 4,396 Posts
2. Merkel and gang putting a lot of big words in the media to bail everybody and his dog out and keeping every Bank liquid, no matter how high the price will be.
You cannot learn better without losing
My rather negative outlook on the Euro Finance Policy has helped me doing good decisions till this weeks low.
However it did stand in my way when i should have bought the lows of Thursday. It also has a influence in my TA.
Also, 2 fundamental facts caught me off guard to be in tune with the markets. I was flat most of the time today, however
the price action that happend i did not expect to be this big. (Especially in DAX compared to DJ)
[color=seagreen][b]1. The IWF announced to buy Spanish and Portugal bonds...
ur so right :-)
Pecunia non olet
- #547,220
- Oct 5, 2011 12:47pm Oct 5, 2011 12:47pm
- Joined Apr 2008 | Status: Trader | 9,414 Posts
There is some volatility Now try break 3340
Now at this time of day
3h and Daily close at one of my broker don't tell me it gonna close@34
let's C
Now at this time of day
3h and Daily close at one of my broker don't tell me it gonna close@34
let's C