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  • #557,401
  • Nov 3, 2011 2:04am Nov 3, 2011 2:04am
i dunno guys, i got euro, aussie, sp500 mini , nasdaq mini all pointing south...what is going on??
  • #557,402
  • Nov 3, 2011 2:10am Nov 3, 2011 2:10am
Quoting gino32
i dunno guys, i got euro, aussie, sp500 mini , nasdaq mini all pointing south...what is going on??
whats there not to know? you got them pointing south then you better start selling!
  • #557,403
  • Nov 3, 2011 2:13am Nov 3, 2011 2:13am
Based on fundamentals.....if the Greeks arent forced out of a referendum today 1.34 by weeks end...forget Tech/PA or any other measure !! Or the refrendum needs 70% or some silliness to pass in order to LEAVE the EURO...even then...it will be uncertainty in the Euro until at the very best the 4th December (earliest possible vote for the Greeks)

Short from 13800 Target. BE to 0. Free running for the rest of the week. Opportunity for this to fall through the floor.
  • #557,404
  • Nov 3, 2011 2:16am Nov 3, 2011 2:16am
Just looking at major headlines around the world we can clearly see that right now, markets are like a barrel full of C4. Nothing seems to be good enough to calm these waters.

On one way you have the Greek Referendum about the Aid Package on the other hand you have turmoil caused by an unknown timeframe of when it will happen (the referendum). Either way, Markets are way stretched and nervous. I suggest those without a plan not trading at all.

Here are two articles to better understand the bigger picture, must reads:

Greek Exit From Euro Zone Just a 'Matter of Time' - Spiegel
http://www.spiegel.de/international/...795426,00.html

REMINDER: Here's Who Will Get Crushed If Italy Goes Bust
http://www.businessinsider.com/italy...#ixzz1ccl17BuG

Facing this systemic crisis, the expectations are just too high, with bond spreads ready to jump through the rough at the slightest news. It is also a time when bigger players can also make bigger plays.

It's up to you if you want to be caught in a position right now.

Wish all who choose to: profitable trading!

SKohn
  • #557,405
  • Nov 3, 2011 2:21am Nov 3, 2011 2:21am
Quoting taxe91
whats there not to know? you got them pointing south then you better start selling!
I know selling on the way..... i hope is not the prelude of something bad.... fck greece
  • #557,406
  • Nov 3, 2011 2:22am Nov 3, 2011 2:22am
You crazy market !!

You move 200pips for deadlock between banks and European leaders on bail out plan.

You move 400pips for successful agenda

You move 600pips without retrenchment for Greek PM's referendum call

it is impossible to understand you...
  • #557,407
  • Nov 3, 2011 2:26am Nov 3, 2011 2:26am
Quoting robert7
You crazy market !!

You move 200pips for deadlock between banks and European leaders on bail out plan.

You move 400pips for successful agenda

You move 600pips without retrenchment for Greek PM's referendum call

it is impossible to understand you...
why not 400 + 200 = 600 , 600 - 200 = 400

it should go below 1.33 as last big bear was killed by hope of rescue plan.
Mohan
  • #557,408
  • Nov 3, 2011 2:27am Nov 3, 2011 2:27am
Quoting robert7
You crazy market !!

You move 200pips for deadlock between banks and European leaders on bail out plan.

You move 400pips for successful agenda

You move 600pips without retrenchment for Greek PM's referendum call

it is impossible to understand you...
Typical forex, no?
  • #557,409
  • Nov 3, 2011 2:27am Nov 3, 2011 2:27am
good morning guys..

my one trade only from night

will move SL on +20 and tp around 3625
Attached Image
  • #557,410
  • Nov 3, 2011 2:36am Nov 3, 2011 2:36am
Quoting fontu
breaks 3664 should confirm down though
fontu
It break it and go up now... i always loose money when i listen a guy here even if he got 100000 post
  • #557,411
  • Nov 3, 2011 2:39am Nov 3, 2011 2:39am
Quoting samtouzen
It break it and go up now... i always loose money when i listen a guy here even if he got 100000 post
same my view
  • #557,412
  • Nov 3, 2011 2:41am Nov 3, 2011 2:41am
Quoting samtouzen
It break it and go up now... i always loose money when i listen a guy here even if he got 100000 post
Always trust your analysis don't follow someone else....is this up a bounce?
  • #557,413
  • Nov 3, 2011 2:41am Nov 3, 2011 2:41am
Quoting samtouzen
It break it and go up now... i always loose money when i listen a guy here even if he got 100000 post
i learned from my mistake too. if it's a breakout, u need to wait and see if it holds for well, maybe 20 mins. if not, it could be a fake breakout...and make us waste hard earned money
  • #557,414
  • Nov 3, 2011 2:42am Nov 3, 2011 2:42am
Quoting samtouzen
It break it and go up now... i always loose money when i listen a guy here even if he got 100000 post
Fontu does not make his recommendations for you to follow, and he doesn't trade 1 minute charts, so saying you lose money when you listen to a guy here is just showing how new you are. Go back to your charts and do your own work, we share here only our views.
I operate with clear definite rules, if I break them I lose BIG!
  • #557,415
  • Nov 3, 2011 2:48am Nov 3, 2011 2:48am
Quoting samtouzen
It break it and go up now... i always loose money when i listen a guy here even if he got 100000 post
yeah , limited leg down , 3684 breaks up to end perhaps ,or jus 1 of 5 ended to more down next time , likely . waiting .just not break 3713 in this case for down . yoyo play .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #557,416
  • Nov 3, 2011 2:49am Nov 3, 2011 2:49am
Quoting samtouzen
It break it and go up now... i always loose money when i listen a guy here even if he got 100000 post
You must learn to read pa yourself, fontu give very good tech advice, look 1hr chart and tell what you see?

Trade safe kiwi
If you are new to Forex? Say Goodbye to your account!!
  • #557,417
  • Nov 3, 2011 2:52am Nov 3, 2011 2:52am
Quoting Icannaesee
Fontu does not make his recommendations for you to follow, and he doesn't trade 1 minute charts, so saying you lose money when you listen to a guy here is just showing how new you are. Go back to your charts and do your own work, we share here only our views.
Nice advice Bart is worth v
If you are new to Forex? Say Goodbye to your account!!
  • #557,418
  • Nov 3, 2011 2:55am Nov 3, 2011 2:55am
ftse dax and cac40 futures look horrible.. and ny futures already down 1% 6 hours away from market open...todays gonna be a messy day unless this greek referendum thing gets sorted
  • #557,419
  • Nov 3, 2011 2:55am Nov 3, 2011 2:55am
Quoting samtouzen
It break it and go up now... i always loose money when i listen a guy here even if he got 100000 post
fontu is one of the very less helpfull and good trader...

dont follow all here... most of them with thousands of post and +V are only players and not traders..

respect the good traders and ignore the over smart people here..

good luck
  • #557,420
  • Nov 3, 2011 2:56am Nov 3, 2011 2:56am
Quoting johncen
nice~
Thanks johncen.....I'm still at Demo...
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