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  • #572,301
  • Dec 9, 2011 2:21am Dec 9, 2011 2:21am
Quoting cloggie
Just for a bit of comedy value here. The Greek 1 year is trading at 322%. You reckon they are just about bankrupt now? Their 10 year is at 34%, it would be cheaper just to get a load of credit cards instead.

How can you think they are BK as long as they have the Germans working for them...lol
  • #572,302
  • Dec 9, 2011 2:23am Dec 9, 2011 2:23am
awaiting signal to buy mybe down 1.32550 or 1.32450 n up up away
what ur tink or mybe up.i dot get signal righ now..
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_70.png Size: 41 KB
trade small no lose
  • #572,303
  • Dec 9, 2011 2:25am Dec 9, 2011 2:25am
Is it just me, or are we starting to range?
Please, just slap me around if I'm being silly ...
  • #572,304
  • Dec 9, 2011 2:25am Dec 9, 2011 2:25am
Quoting MaxDoom
added to my long

Good trading there kiddo, the financials are recovering, es coming of the bottom, ECB buying Italian debt and the spread is tightening. Now just watch for the consolidation on the London break here.
  • #572,305
  • Dec 9, 2011 2:27am Dec 9, 2011 2:27am
out for 30, too greedy recently, better safe than sorry
  • #572,306
  • Dec 9, 2011 2:27am Dec 9, 2011 2:27am
I like this number 3329-3243 ...
  • #572,307
  • Dec 9, 2011 2:28am Dec 9, 2011 2:28am
Merkel talking
  • #572,308
  • Dec 9, 2011 2:29am Dec 9, 2011 2:29am
Quoting cloggie
Merkel talking

She must have gotten some last night, she is actually positive for once, eyes on 3342 if she keeps this up.
  • #572,309
  • Dec 9, 2011 2:30am Dec 9, 2011 2:30am
1.3354 - would consider a short scalp there (point in bw DP and open)
  • #572,310
  • Dec 9, 2011 2:30am Dec 9, 2011 2:30am
Can't find it anywhere, Bloomberg not streaming yet.
Please, just slap me around if I'm being silly ...
  • #572,311
  • Dec 9, 2011 2:30am Dec 9, 2011 2:30am
Quoting cloggie
She must have gotten some last night
Ew man, that's a very upsetting mental image.
"Don't Panic..."
  • #572,312
  • Dec 9, 2011 2:31am Dec 9, 2011 2:31am
Quoting cloggie
Good trading there kiddo, the financials are recovering, es coming of the bottom, ECB buying Italian debt and the spread is tightening. Now just watch for the consolidation on the London break here.

thanks,

interesting to see how far it goes, I am playing short term so unless it has loads of momentum I am looking for 3369 to start scaling out and 3425 for TP. being about 61.8 and 100% from top of yesterdays channel (excl. spike) and also the high points.
  • #572,313
  • Dec 9, 2011 2:31am Dec 9, 2011 2:31am
The worst times in forex trading are when your trades get within spitting distance of their TP, and then move sharply against you...and you didn't cover.

You keep waiting for it to resume it's direction but it never does, just keeps going against you eating up all the pips you managed to gain until it hits your stop.

Win some, lose some, etc.
  • #572,314
  • Dec 9, 2011 2:32am Dec 9, 2011 2:32am
Quoting daemon_delux
Can't find it anywhere, Bloomberg not streaming yet.
check out bloomberg radio, good for a free feed, at least you can catch something..
  • #572,315
  • Dec 9, 2011 2:32am Dec 9, 2011 2:32am
i guess i get f***ed on that short...
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  • #572,316
  • Dec 9, 2011 2:33am Dec 9, 2011 2:33am
Quoting MelbTrader
The worst times in forex trading are when your trades get within spitting distance of their TP, and then move sharply against you...and you didn't cover.

You keep waiting for it to resume it's direction but it never does, just keeps going against you eating up all the pips you managed to gain until it hits your stop.

Win some, lose some, etc.
if you see a trend in this, consider seriously putting sl to breakeven asap and/or partial closing
  • #572,317
  • Dec 9, 2011 2:35am Dec 9, 2011 2:35am
Quoting pito201
i guess i get f***ed on that short...
lowering the number of indicators on the chart might positively impact your ability to see things. Of course, I'm not saying that indicators are crap.
  • #572,318
  • Dec 9, 2011 2:36am Dec 9, 2011 2:36am
Ecb: €8.0b borrowed in overnight loan facility v €9.4b prior; €310.1b parked in deposit facility €324.5b prior
  • #572,319
  • Dec 9, 2011 2:37am Dec 9, 2011 2:37am
Quoting Cerber.bf2
lowering the number of indicators on the chart might positively impact your ability to see things. Of course, I'm not saying that indicators are crap.
Most of them are...Except for Incrediblle indicator though, that one is just brilliant.
Quant Hedge Fund CEO
  • #572,320
  • Dec 9, 2011 2:37am Dec 9, 2011 2:37am
Quoting Cerber.bf2
if you see a trend in this, consider seriously putting sl to breakeven asap and/or partial closing
I often do.

But I also have an irrational mental bias whereby I figure if I set a stop at break even I might as well have never entered the trade in the first place, and if I set a stop in profit, I might as well have taken profit at that level.
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