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EURUSD

  • #587,701
  • Jan 24, 2012 3:06pm Jan 24, 2012 3:06pm
10/2007----14198

3/2009----6469

5/2011----12876

7/2011----12751

1/23/2012----12708

1/24/2012----12675
  • #587,702
  • Jan 24, 2012 3:06pm Jan 24, 2012 3:06pm
Quoting aripplet
$3000/month, worthy if you trade on news/fundamentals and have an account over $1M IMO.
3000!
  • #587,703
  • Jan 24, 2012 3:11pm Jan 24, 2012 3:11pm
Quoting the redlion
these are the people i am following. you would be surprise of the informative tweets that come out

Merrill Lynch @MerrillLynch
Merrill Lynch Wealth Management offers its clients insights and solutions for their entire financial lives. For disclosures: http://go.ml.com/Merrilllynch
Following

Cullen Roche @PragCapitalist
Just trying to solve the puzzle that is the global economy....
Following

European Commission @EU_Commission
News from the European Commission. This account is managed by the Commission's communication department....


Wow!!

It would be so much better if we could follow just the tweet that tells you to "Buy Now" and "Sell Now". This tweet should however know that "Buy High" or "Sell Low" does not work.

TF
  • #587,704
  • Jan 24, 2012 3:15pm Jan 24, 2012 3:15pm
Setting up for a drop to 1.29300 now it seems?
  • #587,705
  • Jan 24, 2012 3:17pm Jan 24, 2012 3:17pm
I am not sure what to make of this guy but he keeps telling in this video that the Eurozone will soon be gone: http://bit.ly/ywzqNI
  • #587,706
  • Jan 24, 2012 3:21pm Jan 24, 2012 3:21pm
"Buy low and sell high"

Simple and to the point.

Many people want you to give them the answer so they don't have to take the ego hit when they are wrong.

They can blame it on someone else.



Quoting TradeForexFx
Wow!!

It would be so much better if we could follow just the tweet that tells you to "Buy Now" and "Sell Now". This tweet should however know that "Buy High" or "Sell Low" does not work.

TF
  • #587,707
  • Jan 24, 2012 3:23pm Jan 24, 2012 3:23pm
Quoting Walden
3000!
more than $2000 for basic subscription, with which DX is delayed for 10 minutes(same as most equities, but real-time us indices are free).
theflyonthewall has the fastest news feed, but I am not sure if it's for
currencies as well. I tried it before and one of my interns said MS once sued
it for its superior speed.
  • #587,708
  • Jan 24, 2012 3:29pm Jan 24, 2012 3:29pm
could be a doji daily candle?
  • #587,709
  • Jan 24, 2012 3:34pm Jan 24, 2012 3:34pm
Quoting aripplet
more than $2000 for basic subscription, with which DX is delayed for 10 minutes(same as most equities, but real-time us indices are free).
theflyonthewall has the fastest news feed, but I am not sure if it's for
currencies as well. I tried it before and one of my interns said MS once sued
it for its superior speed.
OMG!! 3000 big ones a month
i better get the news at the same time as the pros do with that service lol.From the picture that i saw it looks the same as the ones i see on bloomberg tv.I was thinking of getting the "talking-forex" membership, i think its only 50 dollars a month but i dont know how fast it is.
  • #587,710
  • Jan 24, 2012 3:35pm Jan 24, 2012 3:35pm
Long @ TP 1.3060
Teaching while learning and learning while teaching
  • #587,711
  • Jan 24, 2012 3:38pm Jan 24, 2012 3:38pm
Quoting Cruci
OMG!! 3000 big ones a month
i better get the news at the same time as the pros do with that service lol.From the picture that i saw it looks the same as the ones i see on bloomberg tv.I was thinking of getting the "talking-forex" membership, i think its only 50 dollars a month but i dont know how fast it is.
you wont find an edge in news alone

most people anticipate and position themselves prior to the news........once they hit price continues or falls

example hypothetical scenario

Greek gov struck deal with PSI, investors to accept 3.5% hair cut!!!!

and price plummets by 100 points because the market took it as a precedent for further structured defaults across EZ members

or it goes up 100 pips because the can has been kick and Greece will be bailed out near term.

to pay for fast news for that is fruitless.

UNDERSTAND POSSIBLE impact and LOOK AT YOUR CHART FOR ACTUAL TRANSACTIONS.
AVT INVENIAM VIAM AVT FACIAM
  • #587,712
  • Jan 24, 2012 3:39pm Jan 24, 2012 3:39pm
Quoting rplacido
Long @ TP 1.3060
What analyses were implemented to bring you at that decision?
  • #587,713
  • Jan 24, 2012 3:42pm Jan 24, 2012 3:42pm
aapl beat estimates by 30%, didn't move yet, Asia may make market rocket up.
  • #587,714
  • Jan 24, 2012 3:44pm Jan 24, 2012 3:44pm
EUR all the way to 1.31 region, who is with me on this?
  • #587,715
  • Jan 24, 2012 3:48pm Jan 24, 2012 3:48pm
Wow!

I smell a huge Bull slaughter coming up!

Can't come soon enough, just a matter of when...
  • #587,716
  • Jan 24, 2012 3:50pm Jan 24, 2012 3:50pm
Quoting the redlion
you wont find an edge in news alone

most people anticipate and position themselves prior to the news........once they hit price continues or falls

example hypothetical scenario

Greek gov struck deal with PSI, investors to accept 3.5% hair cut!!!!

and price plummets by 100 points because the market took it as a precedent for further structured defaults across EZ members

or it goes up 100 pips because the can has been kick and Greece will be bailed out near term.

to pay for fast news for that is fruitless.

UNDERSTAND POSSIBLE impact...
i understand what you mean BUT the market is ruled by news.No indicator in the world can tell you the next move, even if you spend hours doing trendlines and support and resistance, fibs ect.. it can still go the opposite way of what you think.On high impact news by the time us joe's get the news the candles have already moved up/down 40 plus pips in about 1min sometimes even less.You can always go with the trend but you would be trading blind on those news that move up/down 80+ pips.Thats my understanding, feel free to correct me if am wrong.
  • #587,717
  • Jan 24, 2012 3:51pm Jan 24, 2012 3:51pm
Quoting todstars2
Wow!

I smell a huge Bull slaughter coming up!

Can't come soon enough, just a matter of when...
After it hits your margin call or SL lol always does that doesn't it
  • #587,718
  • Jan 24, 2012 3:56pm Jan 24, 2012 3:56pm
Quoting the redlion
you wont find an edge in news alone

most people anticipate and position themselves prior to the news........once they hit price continues or falls

example hypothetical scenario

Greek gov struck deal with PSI, investors to accept 3.5% hair cut!!!!

and price plummets by 100 points because the market took it as a precedent for further structured defaults across EZ members

or it goes up 100 pips because the can has been kick and Greece will be bailed out near term.

to pay for fast news for that is fruitless.

UNDERSTAND POSSIBLE impact and LOOK...
that's true, and that's why I said "I read news on bloomberg for fun".
In forex, there are full of front-runners, inside information and rumors. Public news brings one no edge.

One doesn't need any news if he knows someone in ECB/FED(with high enough rank) lol

News is new for public, most of the time it's reflected in the price action before it hits.
  • #587,719
  • Jan 24, 2012 3:57pm Jan 24, 2012 3:57pm
Quoting sidhujag
After it hits your margin call or SL lol always does that doesn't it
Over night will probably tell.


What goes up, must come down.
  • #587,720
  • Jan 24, 2012 3:58pm Jan 24, 2012 3:58pm
Quoting alvelino
Setting up for a drop to 1.29300 now it seems?
Not tomorrow anyway, apples crazy results will be risk on tomorrow so expect euro to continue to rally. Long AUD and CAD also likely
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