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  • #569,581
  • Dec 4, 2011 5:35am Dec 4, 2011 5:35am
Last Friday one CNBC expert said "sell NZD"
the second one said "buy NZD"

When they were asked about it they said "hey we can have different views"

What a way to get money in the pockets of FXCM
New voice message: Why are you calling me? If I need you, I'll call you!
  • #569,582
  • Dec 4, 2011 5:38am Dec 4, 2011 5:38am
Oh and here is my personal view of the results I expect for next week.
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  • #569,583
  • Dec 4, 2011 6:08am Dec 4, 2011 6:08am
How do you think about my thoughts EURUSD:
The EUR/USD confirmed yesterday further consolidation interior the positive outside day reversal. I have therefore 1,3545 – 1,3245 still the levels to follow in the coming hours/ session. Only a daily closing above 1,3545 will support further strength suggesting a return for the EUR DOLL toward the 1,37 area.
The indicators of the daily chart are still below the line for now and probably only a daily closing above 1,3545 will turn them up. Those of the s/t ones are mixed this morning supporting some consolidation. The move up failed yet to produce divergences suggesting the move as an overshooting.
An hourly closing below 1,3418 will postpone further strength suggesting a retest of the 200 hours line at 1,3381 if not even a little lower!! Only a move below 1,3285 will resume the decline suggesting a s/t target at 1,2993!!
  • #569,584
  • Dec 4, 2011 6:39am Dec 4, 2011 6:39am
Quoting aicccia
Um hello? Did you not notice that your modeling quality is only 25%?
lol good point... he missed the whole test... haha
When life gives you lemons, make lemonade
  • #569,585
  • Dec 4, 2011 6:45am Dec 4, 2011 6:45am
Quoting Tyoon
Funny how two people's charts can vary so much. I am seeing a bear flag unfold.
Yup, I can see the same. Question is, how long will be the flag before it breaks. Shall it break down on Monday, Tuesday, Wednesday. Shall it continue up untill Friday when profit takings before Summit will press it down? Dunno. I bet Wednesday after Ecofin and Fed meeting.

T
"I know one thing, that I know nothing." Sokrates
  • #569,586
  • Dec 4, 2011 7:14am Dec 4, 2011 7:14am
Quoting Tom_D_Trader
Yup, I can see the same. Question is, how long will be the flag before it breaks. Shall it break down on Monday, Tuesday, Wednesday. Shall it continue up untill Friday when profit takings before Summit will press it down? Dunno. I bet Wednesday after Ecofin and Fed meeting.

T
And the BS is back, predictions with a 50/50 chance of being useable = not useable in the world might aswell read the tea leaves.


EU's trend has been DOWN for just over 1 month, it flirted with turning up Wednesday but failed.

Your only real chance is to keep trading short on moves up until the trend changes, when the trend will change no one knows but your much better off thinking the trend won't change and trading that way than trying to trade against it.

Simple, don't make it more complicated cause you will fail.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #569,587
  • Dec 4, 2011 7:26am Dec 4, 2011 7:26am
Heh kids it is Sunday and time to start the customary subject here.

I looked at some retail feeds and the "gap" up from last week has not been filled yet, today she is slowly working on a "gap" down, what the heck are the retailers going to trade here tonight when their feeds open up hours after the rest of us, are they still going to trade the "gap" up from last week, or the "gap" down from this week, that surely must confuse the sh!t out of most of them.


This is going to be an interesting retail open to watch.
  • #569,588
  • Dec 4, 2011 7:42am Dec 4, 2011 7:42am
Only a flying visit here, had to get some charts ready for the week.

BBL8r
  • #569,589
  • Dec 4, 2011 7:45am Dec 4, 2011 7:45am
Ok, Turdveyd. Here is what I wrote on Friday. Just for fun. Do you understand at least half of it?

Right now, we have experienced major enhancement of liquidity in banking sector. This resulted in market rally and strenghtening of this pair.

Now, I think there are two contrary signals.
a) Markets are again on hopium rally. Question is, how long will this rally last.
b) EUR is slowly decoupling from other risk assets, so even though other markets rally, this pair may fall in the future.

Next variable, entering the equation are US employment data. This results yet again in market rally, but more importantly for this pair, in strenghtening of USD in the long term. USD can pretty easily become safe haven since Europe is crumbling.

Lowering of swap rates was another bullet CBs had. And they are running out of bullets and markets know that. Interest rates are already incredibly low, and they cant be lower than zero, they are loosing options of enhancing liquidity and banks all across Europe are still in heavy liquidity issues. This can even eventually result in a bank run.

Anyway, it is very hard to predict what is going to happen and I am pretty glad I was flat this week. I think markets will be ranging next week, awaiting European summit on weekend. Bankers just gave European muppets more time. As I expect they will mess it up as usuall, I will be only shorting top of the range, building positions, awaiting crash.

T
"I know one thing, that I know nothing." Sokrates
  • #569,590
  • Dec 4, 2011 7:48am Dec 4, 2011 7:48am
Quoting Tom_D_Trader
Ok, Turdveyd. Here is what I wrote on Friday. Just for fun. Do you understand at least half of it?

Right now, we have experienced major enhancement of liquidity in banking sector. This resulted in market rally and strenghtening of this pair.

Now, I think there are two contrary signals.
a) Markets are again on hopium rally. Question is, how long will this rally last.
b) EUR is slowly decoupling from other risk assets, so even though other markets rally, this pair may fall in the future.

Next variable, entering the equation are US employment data....

Okay Tommy turD Trader, your fundementals seem okay, shame your chart side is 100% BS Based.

I don't do fundementals, to predictive sets up to much a bias I trade what I see at the time, much easier and much more efficent with my limited time.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #569,591
  • Dec 4, 2011 7:52am Dec 4, 2011 7:52am
Quoting Turveyd
Okay Tommy turD Trader, your fundementals seem okay, shame your chart side is 100% BS Based.
Yup, 100% BS. S/R aint working at all. No way. Well, nice to meet you, I am off for a while, visitors came.

T
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"I know one thing, that I know nothing." Sokrates
  • #569,592
  • Dec 4, 2011 8:01am Dec 4, 2011 8:01am
Quoting Turveyd
I would have to see it to believe it he doesn't talk like a trader who has a clue, there is a chance he just talks the crud but doesn't trade the crud, but it's a slim chance.
Tom D has a few flaws, but dishonesty is not one of them.

Besides, what is so hard to get. He is long term bearish on the EURO, you are following a trend down... same exact trading bias. And your technique... he hits it when it look like the corrective momentum is getting weak, you hit it on a pullback...same strategy but different words.
Kill the ego, or it will kill the mission.
  • #569,593
  • Edited 8:17am Dec 4, 2011 8:04am | Edited 8:17am
Quoting cloggie
Heh kids it is Sunday and time to start the customary subject here.

I looked at some retail feeds and the "gap" up from last week has not been filled yet, today she is slowly working on a "gap" down, what the heck are the retailers going to trade here tonight when their feeds open up hours after the rest of us, are they still going to trade the "gap" up from last week, or the "gap" down from this week, that surely must confuse the sh!t out of most of them.


This is going to be an interesting...
GAP ........................Where .....................I love GAPS

I live for GAPS


By now, if we fill that GAP I can retire. I've been adding lots every 5 pips short till we finally close that GAP.
All the way from 1.3548 to 1.3368 I've been adding shorts.
That's 36 lots or $360 per pip.

Christ THANK YOU CLOGGIE for telling me that we're finally gonna close that fucker.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #569,594
  • Dec 4, 2011 8:17am Dec 4, 2011 8:17am
Shut your gap
  • #569,595
  • Dec 4, 2011 8:30am Dec 4, 2011 8:30am
Quoting MitchWorse
Shut your gap
Netherlands? Hey we can shake hands, I was born there too, but 10 years ago I changed my view of the climate were I want to live.

Of misschien versta je het beter als ik dat in het Nederlands zeg?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #569,596
  • Edited 10:11am Dec 4, 2011 8:52am | Edited 10:11am
Lot's of talks lately then, good for health .about ignore button is worthless in FF , working silent but not both sided to avoid all confrontations ,rather punishing who does it , expose to other party while other party remain hidden .
never like this one.should notify both to take action .

just a last chart for amusement only before market open .3339-17 logistic levels before or after the pullback to see reactions/interventions . below 3316 should indicate weakening bull/reversal attempt & may rebuild at lows , 3240, 3198 or low , failing early mode .
upside tl 3513 breaks & hold & next & last for now 3613 only breaks to kill bear at least temporary.
fontu

More clearer gu chart , bear for 50XX target & if applied for eu then goes to 2977 to 28XX . so waiting kill the bull attempt wherever to follow bear , already doing only though but with care .
http://www.forexfactory.com/showthre...01#post5192801
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #569,597
  • Dec 4, 2011 8:55am Dec 4, 2011 8:55am
Quoting KillerWhale
Netherlands? Hey we can shake hands, I was born there too, but 10 years ago I changed my view of the climate were I want to live.

Of misschien versta je het beter als ik dat in het Nederlands zeg?
when there's money to be made, there are dutchies(or should i say cloggies...)

But no non-english posts...have to respect forum rules. Don't like it when i have to copy-paste to google translate either.
  • #569,598
  • Dec 4, 2011 9:32am Dec 4, 2011 9:32am
Quoting MitchWorse
when there's money to be made, there are dutchies(or should i say cloggies...)

But no non-english posts...have to respect forum rules. Don't like it when i have to copy-paste to google translate either.
Agree with you on the DUTCHIES well presented here.
No harm done with just a little sideway.

I wish you good trading this week. Keep in mind:
Risk aversion is probably the way to go.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #569,599
  • Dec 4, 2011 12:13pm Dec 4, 2011 12:13pm
Quoting cloggie
Heh kids it is Sunday and time to start the customary subject here.

I looked at some retail feeds and the "gap" up from last week has not been filled yet, today she is slowly working on a "gap" down, what the heck are the retailers going to trade here tonight when their feeds open up hours after the rest of us, are they still going to trade the "gap" up from last week, or the "gap" down from this week, that surely must confuse the sh!t out of most of them.


This is going to be an interesting retail open to watch.

Down 30-odd so far, that should get a few muppets going as soon as their feeds come on line.

Still not sure what the heck these kids are going to trade, the gap up from last week, or the one down this week. I am sure some of 'm will come up with all kinds of silly reasons under the rainbow to trade either, or both. The average muppet here is quite good coming up with bullsh!t to hide their shortcomings as traders.
  • #569,600
  • Dec 4, 2011 12:20pm Dec 4, 2011 12:20pm
Quoting cloggie
Down 30-odd so far, that should get a few muppets going as soon as their feeds come on line.

Still not sure what the heck these kids are going to trade, the gap up from last week, or the one down this week. I am sure some of 'm will come up with all kinds of silly reasons under the rainbow to trade either, or both. The average muppet here is quite good coming up with inventive reasons to hide their shortcomings as traders.
Maybe they will remember that they were wrong last week and interpret what you said as go with the gap and will actually jump in short as soon as their brokers open.
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