Yes I know it was a long time ago just not sure of which news you were talking about. Please enlighten me
... Another hit in some minutes ...
- #17,401
- Jan 3, 2012 8:25am Jan 3, 2012 8:25am
- Joined Oct 2009 | Status: Whn Market Warms u..U keep it Kool | 6,578 Posts
... Another hit in some minutes ...
- #17,402
- Jan 3, 2012 8:27am Jan 3, 2012 8:27am
- Joined Jun 2011 | Status: Scratching my head. | 3,578 Posts
Need answer every one of you if dont mind
Thanks
Kill the ego, or it will kill the mission.
- #17,403
- Jan 3, 2012 8:28am Jan 3, 2012 8:28am
Did you mean UK Manufacturing PMI? Not sure how much impact that has on EUR/USD. The news coming up in half an hour is more relevant 
Manufacturing PMI
- #17,404
- Jan 3, 2012 8:31am Jan 3, 2012 8:31am
- Joined Oct 2009 | Status: Whn Market Warms u..U keep it Kool | 6,578 Posts
Did you mean UK Manufacturing PMI? Not sure how much impact that has on EUR/USD. The news coming up in half an hour is more relevant
- #17,406
- Jan 3, 2012 9:05am Jan 3, 2012 9:05am
- Joined Oct 2009 | Status: Whn Market Warms u..U keep it Kool | 6,578 Posts
My technical s showing UP to this pair ... need some boost somehow though
- #17,409
- Jan 3, 2012 9:57am Jan 3, 2012 9:57am
- Joined Jun 2009 | Status: Carry Trader that not want interest | 2,016 Posts
Bismillah
- #17,410
- Jan 3, 2012 10:03am Jan 3, 2012 10:03am
- | Membership Revoked | Joined Aug 2011 | 7,263 Posts
Hmmm no thumbs up?
If there was easy money lying around,no one would be forcing it into your
- #17,411
- Jan 3, 2012 10:04am Jan 3, 2012 10:04am
- | Membership Revoked | Joined Aug 2011 | 7,263 Posts
not enough info. To be honest, I don't really think about it this way. I look for entries on the 5 in line with the 4H trend, the daily or the weekly trend and then ride them until I think we are facing a temp bottom. Or I enter when it looks about right and place a TP at a potential reversal point.
If there was easy money lying around,no one would be forcing it into your
- #17,413
- Jan 3, 2012 11:03am Jan 3, 2012 11:03am
- | Membership Revoked | Joined Aug 2011 | 7,263 Posts
If there was easy money lying around,no one would be forcing it into your
- #17,414
- Edited 11:54am Jan 3, 2012 11:18am | Edited 11:54am
- | Membership Revoked | Joined Aug 2011 | 7,263 Posts
The trend is Up
It break daily trend
and It will break our heart
If there was easy money lying around,no one would be forcing it into your
- #17,415
- Jan 3, 2012 11:27am Jan 3, 2012 11:27am
- Joined Nov 2011 | Status: Trader | 1,271 Posts
It break my emotion well
I'm flat until FOMC release. Unless there is an obvious tech setup.
..
- #17,416
- Jan 3, 2012 11:31am Jan 3, 2012 11:31am
- | Membership Revoked | Joined Aug 2011 | 7,263 Posts
Great chart bro. That chart was quite informative for me.
I'm flat until FOMC release. Unless there is an obvious tech setup.
..
Btw,Honestly Its real hard to detect the patterns on 5M,still need train hard my eyes
Btw,When FOMC Release ?
Many Thanks and God bless
If there was easy money lying around,no one would be forcing it into your
- #17,417
- Edited 12:04pm Jan 3, 2012 11:36am | Edited 12:04pm
- Joined Nov 2011 | Status: Trader | 1,271 Posts
Thanks mate
Btw,Honestly Its real hard to detect the patterns on 5M,still need train hard my eyes
Btw,When FOMC Release ?
Many Thanks and God bless
ADD:
"Regardless of whether the Fed increases, decreases, or maintains the interest rate, the decision always has a direct effect on the US Dollar: Increasing the interest rate is achieved by selling US government securities, which decreases the supply of US dollars and hence the value appreciates. Decreasing interest rates are achieved by buying US government securities, which boosts the supply of the US dollar and hence results in a decrease of value." FX Street
So if the FED plan to increase interest rates EURUSD will go down because debt securities will have higher yields and the USD will become more a of 'safe haven'?
PT, kno, can you help me out with this one?
