- #1,862
- Oct 11, 2011 6:45am Oct 11, 2011 6:45am
- Joined Aug 2011 | Status: Trader | 10,724 Posts
Well, seems I have to sit and wait - there is no point to close my short now... Either I am lucky today, or not. Price is dancing just above my entry...
Have I got something on my face, SOLDIER?
- #1,863
- Oct 11, 2011 6:48am Oct 11, 2011 6:48am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
CNBC: Reports now in that Greece will get next tranche of €8 bln
Not sure if this is good or bad
Good: Greece default is kicked down the road
Bad: The €8 bln is wasted money and haircut will be bigger.
Update: EUR/USD reaction: Up 25 pips followed by down 25 pips
Not sure if this is good or bad
Good: Greece default is kicked down the road
Bad: The €8 bln is wasted money and haircut will be bigger.
Update: EUR/USD reaction: Up 25 pips followed by down 25 pips
Those who say it cannot be done should not interrupt those who are doing it
- #1,864
- Oct 11, 2011 6:51am Oct 11, 2011 6:51am
Price gone mad, up and down... any ideas whether this spike means something, or just market grows more and more nervous on the Slovakian vote. Perhaps it is just nervous market. I am sitting on my hands, not to add anything more just because having false perception of things.
Touch my entry - bounce back, touch my entry - bounce back, touch my entry - bounce back.
This means I make very poor entries
Touch my entry - bounce back, touch my entry - bounce back, touch my entry - bounce back.
This means I make very poor entries
- #1,865
- Oct 11, 2011 6:51am Oct 11, 2011 6:51am
- Joined Jul 2008 | Status: "Not all information is beneficial. | 1,724 Posts
CNBC: Reports now in that Greece will get next tranche of €8 bln
Not sure if this is good or bad
Good: Greece default is kicked down the road
Bad: The €8 bln is wasted money and haircut will be bigger.
Update: EUR/USD reaction: Up 25 pips followed by down 25 pips
When this blows up, I will have to get my video out again
- #1,866
- Oct 11, 2011 6:53am Oct 11, 2011 6:53am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
When this blows up, I will have to get my video out again
get it ready
Those who say it cannot be done should not interrupt those who are doing it
- #1,867
- Oct 11, 2011 6:53am Oct 11, 2011 6:53am
- Joined Aug 2011 | Status: Trader | 10,724 Posts
@blobik,
usually when news comes out, and is looking to make price drop, people buy first to make price go up and sell at a higher price hence a spike, people have limits and they get hit once a certain level is hit. price gets rejected to go higher, so it closes lower, aka fast selling fast buying. Pros put their limit orders all over the place.
Or its good news but people know the stakes and sell straight away
its all psychology mate, those levels on my chart ares still holding.
if u dont feel comfortable that means u shouldnt trade for the time being.
usually when news comes out, and is looking to make price drop, people buy first to make price go up and sell at a higher price hence a spike, people have limits and they get hit once a certain level is hit. price gets rejected to go higher, so it closes lower, aka fast selling fast buying. Pros put their limit orders all over the place.
Or its good news but people know the stakes and sell straight away
its all psychology mate, those levels on my chart ares still holding.
if u dont feel comfortable that means u shouldnt trade for the time being.
Have I got something on my face, SOLDIER?
- #1,868
- Oct 11, 2011 6:55am Oct 11, 2011 6:55am
Price gone mad, up and down... any ideas whether this spike means something, or just market grows more and more nervous on the Slovakian vote. Perhaps it is just nervous market. I am sitting on my hands, not to add anything more just because having false perception of things.
it's a PANIC BUY..
- #1,869
- Oct 11, 2011 6:55am Oct 11, 2011 6:55am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
@blobik,
usually when news comes out, and is looking to make price drop, people buy first to make price go up and sell at a higher price hence a spike, people have limits and they get hit once a certain level is hit. price gets rejected to go higher, so it closes lower, aka fast selling fast buying. Pros put their limit orders all over the place.
Or its good news but people know the stakes and sell straight away
its all psychology mate, those levels on my chart ares still holding.
if u dont feel comfortable that means u shouldnt trade...
Those who say it cannot be done should not interrupt those who are doing it
- #1,870
- Oct 11, 2011 6:55am Oct 11, 2011 6:55am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
oh I just learned what it is.
it's a PANIC BUY..
Okay lets see if she can break below .3575 Oops I mean 3570
Those who say it cannot be done should not interrupt those who are doing it
- #1,871
- Oct 11, 2011 6:59am Oct 11, 2011 6:59am
- Joined Aug 2011 | Status: Trader | 10,724 Posts
Have I got something on my face, SOLDIER?
- #1,872
- Oct 11, 2011 7:02am Oct 11, 2011 7:02am
@blobik,
...
if u dont feel comfortable that means u shouldnt trade for the time being.
Right now I am still confident with my short. But I get boring that the price stalls where it is...
- #1,873
- Oct 11, 2011 7:02am Oct 11, 2011 7:02am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Those who say it cannot be done should not interrupt those who are doing it
- #1,875
- Oct 11, 2011 7:08am Oct 11, 2011 7:08am
- Joined Aug 2011 | Status: Trader | 10,724 Posts
Have I got something on my face, SOLDIER?
- #1,876
- Oct 11, 2011 7:10am Oct 11, 2011 7:10am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Those who say it cannot be done should not interrupt those who are doing it
- #1,877
- Oct 11, 2011 7:16am Oct 11, 2011 7:16am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Those who say it cannot be done should not interrupt those who are doing it
- #1,878
- Oct 11, 2011 7:17am Oct 11, 2011 7:17am
- | Joined Aug 2011 | Status: Trader | 1,118 Posts
I hate to be asleep 
let's see how this vote goes.
let's see how this vote goes.
- #1,879
- Oct 11, 2011 7:20am Oct 11, 2011 7:20am
Its just I had a very bad week recently, and this makes me nervous more than the situation. And certainly spectacular Euro fall would cheer me up a lot
Right now I am still confident with my short. But I get boring that the price stalls where it is...
REQUESTING NO VOUCHES.Vouches are useless.
