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  • #560,381
  • Nov 10, 2011 1:33am Nov 10, 2011 1:33am
Quoting cloggie
I don't have to tell you to shut it, the market does it for me.

I love the muppets that don't understand news and fundies, they tell themselves that "news" doesn't matter.

Just because you don't get it, doesn't mean it is not the major player in the last few months.


Did you get your margin call on this last trade? Good, sorted.
One thing I don't get is how many people think the news lately has been "priced in". Quite a bit of the news in the last couple weeks has been very out of nowhere in nature and is full of woeful tales of political turmoil and bond markets blowing up.
  • #560,382
  • Nov 10, 2011 1:33am Nov 10, 2011 1:33am
EU levels for today:

Bullish continuation 3558>3571>3580>3592>3613>3634>3647
Bearish continuation 3504>3491>3483>3470>3450>3428>3415

Median point 3531
  • #560,383
  • Nov 10, 2011 1:33am Nov 10, 2011 1:33am
lol ur funny, let see who is laughing at the end.... im still long 1.3500
There is Time for Bull, and Time for Bear. and so be the Wolf.
  • #560,384
  • Nov 10, 2011 1:34am Nov 10, 2011 1:34am
Quoting cloggie
I don't have to tell you to shut it, the market does it for me.

I love the muppets that don't understand news and fundies, they tell themselves that "news" doesn't matter.

Just because you don't get it, doesn't mean it is not the major player in the last few months.


Did you get your margin call on this last trade? Good, sorted.
lol ur funny, let see who is laughing at the end.... im still long 1.3500. also i didnt get margin call as i have my stops
There is Time for Bull, and Time for Bear. and so be the Wolf.
  • #560,385
  • Nov 10, 2011 1:35am Nov 10, 2011 1:35am
Quoting bdsilvano
lol ur funny, let see who is laughing at the end.... im still long 1.3500
Just wondering, what in the PA suggests a bullish move up from here? I mean, all the bullish moves in the last couple of weeks have been nothing more than corrective up until now, and weakly so. I suppose I wouldn't put it past anyone to buy euros up on some crazy hope, but the more news comes out it seems like people are just crapping bricks in Europe with fear about the entire EZ.
  • #560,386
  • Nov 10, 2011 1:38am Nov 10, 2011 1:38am
Quoting factorof2
Just wondering, what in the PA suggests a bullish move up from here? I mean, all the bullish moves in the last couple of weeks have been nothing more than corrective up until now, and weakly so. I suppose I wouldn't put it past anyone to buy euros up on some crazy hope, but the more news comes out it seems like people are just crapping bricks in Europe with fear about the entire EZ.

The only thing that is going to safe him is the ECB going to backstop Italian 10yr? That of course is news, and he won't trade it.....
  • #560,387
  • Nov 10, 2011 1:41am Nov 10, 2011 1:41am
Quoting johncen
I have no trades on hand...was waiting for 3552 in the morning...
but it appears when i went out jogging...

good trade bro!

I have 3370 next...
Yes bro been busy today, 1st entries today, nothing great just, just a couple to get mind into the zone, normally not go lower than 1hr, these charts 30min, because kiwi drop 1st I miss her fill, grabbed other 3 girls, pretty low risk entries, might get whipped out, might not, these supports give, might be some good pips, selling support is highly un recommend
why i not post entries, I would get ear bash not position, not scalp, just get heart rate up for london
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EU 30min Sell Rallys 11 11 11.png Size: 38 KB
Click to Enlarge Name: AU 30mi sell rally 11 11 11.png Size: 31 KB
Click to Enlarge Name: Cable sell rallys 30min 11 11 11.png Size: 34 KB
If you are new to Forex? Say Goodbye to your account!!
  • #560,388
  • Nov 10, 2011 1:42am Nov 10, 2011 1:42am
Quoting KiwiTrada
Yes bro been busy today, 1st entries today, nothing great just, just a couple to get mind into the zone, normally not go lower than 1hr, these charts 30min, because kiwi drop 1st I miss her fill, grabbed other 3 girls, pretty low risk entries, might get whipped out, might not, these supports give, might be some good pips, selling support is highly un recommend
why i not post entries, I would get ear bash not position, not scalp, just get heart rate up for london
Nice entries as always Kiwi
  • #560,389
  • Nov 10, 2011 1:46am Nov 10, 2011 1:46am
Spain on a move. 5,91%.
Italy 7,41%

We should get some news shortly. To get this baby going.
Attached Image (click to enlarge)
Click to Enlarge Name: 11.gif Size: 23 KB
  • #560,390
  • Nov 10, 2011 1:47am Nov 10, 2011 1:47am
It was impossible to find a solution for Greece .... then a solution for Italy is Super impossible. The only thing that can stop the EUR falling is the fiscal integration announcement.
  • #560,391
  • Nov 10, 2011 1:48am Nov 10, 2011 1:48am
Attached Image (click to enlarge)
Click to Enlarge Name: eu_m5_10.11.11.jpg Size: 154 KB
  • #560,392
  • Nov 10, 2011 1:52am Nov 10, 2011 1:52am
Quoting factorof2
Nice entries as always Kiwi
No bro they crappy entries, selling support, absolute no no, maybe retest ltl, might have another try .
They starting to bounce now, how high is big question, rr was better for long, but I Crazy Kiwi
If you are new to Forex? Say Goodbye to your account!!
  • #560,393
  • Nov 10, 2011 1:55am Nov 10, 2011 1:55am
Quoting KiwiTrada
No bro they crappy entries, selling support, absolute no no, maybe retest ltl, might have another try .
They starting to bounce now, how high is big question, rr was better for long, but I Crazy Kiwi
I was mostly talking about those entries at the top of the chart.

I suppose what I should really be saying is "good instinct"
  • #560,394
  • Nov 10, 2011 1:55am Nov 10, 2011 1:55am
london about to open
Trade responsiblypatience is the key/Swing trader
  • #560,395
  • Nov 10, 2011 1:55am Nov 10, 2011 1:55am
Ready to CASH IN move to 1.3428
Sell 1.3504 TP 1.3435 SL 1.4150
Once scalper always scalper
  • #560,396
  • Nov 10, 2011 1:57am Nov 10, 2011 1:57am
Quoting freemen
Ready to CASH IN move to 1.3428
Sell 1.3504 TP 1.3435 SL 1.4150
Wow a 69 pip TP with a 646 pip SL?
  • #560,397
  • Nov 10, 2011 1:57am Nov 10, 2011 1:57am
happen again.
My long position missed by 2 pips from TP, then got stop out.
  • #560,398
  • Nov 10, 2011 1:58am Nov 10, 2011 1:58am
Quoting bdsilvano
lol ur funny, let see who is laughing at the end.... im still long 1.3500. also i didnt get margin call as i have my stops

I was going to explain why we are dropping here, but it is news related and you wouldn't understand...

Trading without understanding news and fundamentals is like trading stuck in a dark room with no light coming in, shutting out the outside.

The price you see on the chart is the result of the collective behaviour of 1,000's of traders and machines at any given time, that behaviour is based on the entrie environment, it is how they all see the current state of play and guess what, they take news and fundamentals into account to arrive at the current price.

You may not understand Einstein's law of relativaty either, it doesn't mean that it is rubbish.

Of course the market doesn't like this massive drop, but all the traders are looking at each other and the news to see who is going to blink first to drive this back up so that some of the big boys can cover and the speculators can make a few bucks on the covering rally. That rally is not going to happen without some strong fundamental backing behind it, that is going to be the trigger.

Trying to predict a reversal without any obvious signs is just gambling, you may as well have a monkey toss a coin for you, you may actually get a beter outcome then. The problem is that you first have to teach the monkey how to toss the coin....
  • #560,399
  • Nov 10, 2011 2:02am Nov 10, 2011 2:02am
Quoting factorof2
Wow a 69 pip TP with a 646 pip SL?
You think TP to small or SL to BIG???
Once scalper always scalper
  • #560,400
  • Nov 10, 2011 2:04am Nov 10, 2011 2:04am
We could see a nice hard bounce off the 4hr lower TL and support around 3500 or a continuation down. Too early to tell
In other news: A ranger was trapped between a bull and a bear
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