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  • #632,581
  • Apr 25, 2012 3:32am Apr 25, 2012 3:32am
Watch 6064 on Cable and 3196 on fibre.

Fundie focus is changing here.
  • #632,582
  • Apr 25, 2012 3:32am Apr 25, 2012 3:32am
Quoting cloggie
The UK in recession, forget about longs on this pair for a bit, purely correlated trading. Flight to safety and the euro ain't it.
why the euro doesn't go down fast as it should? I really do not understand who keeps on buying...
  • #632,583
  • Apr 25, 2012 3:33am Apr 25, 2012 3:33am
Quoting cloggie
The UK in recession, forget about longs on this pair for a bit, purely correlated trading. Flight to safety and the euro ain't it.

No reason to short eurusd yet either, however this -0.2 ain't gonna help getting this pair throught 3214.


Watch and see how 3196 responds here.
Hehe. =)

That was a bit shocking news.
They think they are smarter than I am.
  • #632,584
  • Apr 25, 2012 3:34am Apr 25, 2012 3:34am
Quoting Pair-me-up
There are some nice ones. I am married to one.. no complaints here. She encourages me to learn as much about forex as I can. I told her about Cloggie on the thread.. She was like.. if he is that good, it must be insider trading.. I laughed and said, it is not the stock market. He just has lots of experience.
Nice,Hemmm...why she introduce you learn forex ? Is It Because Jacky Wu Rich from the Forex Trading
If there was easy money lying around,no one would be forcing it into your
  • #632,585
  • Apr 25, 2012 3:34am Apr 25, 2012 3:34am
Quoting Z3iz3i
Hehe. =)

That was a bit shocking news.

Yeah it was, not anticipated at all, that will put a damper on the eurusd getting through 3214, she is not going to drop as fast as Cable is, but we need to be mindful of 3196 here on this pair.
  • #632,586
  • Apr 25, 2012 3:34am Apr 25, 2012 3:34am
Quoting cloggie
The UK in recession, forget about longs on this pair for a bit, purely correlated trading. Flight to safety and the euro ain't it.

No reason to short eurusd yet either, however this -0.2 ain't gonna help getting this pair throught 3214.


Watch and see how 3196 responds here.
Dear Professor,

Do you think break of either 0.3227 or 0.3186 is possible after FoMC?
Poker is for kids, I play FOREX.
  • #632,587
  • Edited 3:52am Apr 25, 2012 3:35am | Edited 3:52am
I both now( at 3204, sl 31994), I think next 3233, 32668, 32986...might be wrong, gp to all, I dont see in that range any pull back ..just up to last price 32986, maybe small at 32668..6 - 7 pips
  • #632,588
  • Apr 25, 2012 3:35am Apr 25, 2012 3:35am
Quoting Bradifx
why the euro doesn't go down fast as it should? I really do not understand who keeps on buying...

Why should it? The only thing that the crap numbers are going to do to the euro is keeping it from going up due to increased dollar flow.

There is no way that the euro is going to drop pip for pip with Cable.
  • #632,589
  • Apr 25, 2012 3:36am Apr 25, 2012 3:36am
Quoting atif089
Dear Professor,

Do you think break of either 0.3227 or 0.3186 is possible after FoMC?

For starters it is 3227 and 3186, and secondly, no clue, am not going to anticipate what the minutes are going to show. Thirdly, I ain't no professor. I am a trader, why would I want to be a professor on a measly 100k a year at best.
  • #632,590
  • Apr 25, 2012 3:36am Apr 25, 2012 3:36am
Quoting 3stepsahead
They just announced UK officially in recession
Wow that's news! lmfao
True UK debt to GDP ratio something like 1000%
  • #632,591
  • Apr 25, 2012 3:36am Apr 25, 2012 3:36am
Target may have changed to 1.3170/71 now, i expect re-test upside of 1.3210.

If price action stalls for some time, 4hr gmt +1 close is important.
They think they are smarter than I am.
  • #632,592
  • Apr 25, 2012 3:37am Apr 25, 2012 3:37am
I have 6096 on cable to decide
  • #632,593
  • Apr 25, 2012 3:39am Apr 25, 2012 3:39am
Quoting cloggie
For starters it is 3227 and 3186, and secondly, no clue, am not going to anticipate what the minutes are going to show.
you're right... the single big mistake I keep on doing is always trying to anticipate the moves and not trading what I see
  • #632,594
  • Apr 25, 2012 3:40am Apr 25, 2012 3:40am
Quoting Z3iz3i

If price action stalls for some time, 4hr gmt +1 close is important.


Good to see someone else use London hours for their candles.
  • #632,595
  • Apr 25, 2012 3:40am Apr 25, 2012 3:40am
1.32 needs to hold for the bulls to stay in control
  • #632,596
  • Apr 25, 2012 3:40am Apr 25, 2012 3:40am
Quoting FXMindset
Nice,Hemmm...why she introduce you learn forex ? Is It Because Jacky Wu Rich from the Forex Trading

We don't know Jacky Wu Rich. However, I think she just wants me to make enough money to shut her family up, since she married a foriegner. I tell her family that it isn't a big deal, because I married a foriegner too. ha ha ha Also, she wants us to have enough money the future for travel, family, etc. I tried to find some books for her to study in Chinese, but most of the books are in that Garbage Chinese that the communist Chinese made up in the mid-50s. For now, just tons of reading and practice reading the charts.
Luck has no place in trading. Leave that for the poker table.
  • #632,597
  • Apr 25, 2012 3:41am Apr 25, 2012 3:41am
Quoting cloggie
Yeah it was, not anticipated at all, that will put a damper on the eurusd getting through 3214, she is not going to drop as fast as Cable is, but we need to be mindful of 3196 here on this pair.
Hey cloggie is that figure the 38% fib from yesterdays move up.
Over thinking over analyzing separates the body from the mind.
  • #632,598
  • Apr 25, 2012 3:42am Apr 25, 2012 3:42am
Coffee break, no trades until Cable settles down a bit here. That crap news is playing havoc with our range play on this pair. Things need to go back to normal a bit first.

Keep your eyes on 3196
  • #632,599
  • Apr 25, 2012 3:43am Apr 25, 2012 3:43am
Quoting cloggie
Good to see someone else use London hours for their candles.
Our good friend Mr. Divergence visiting nicely for the massive sell building up. IMHO of course...
  • #632,600
  • Apr 25, 2012 3:43am Apr 25, 2012 3:43am
Quoting pipnaija
AUDUSD H4 and GBPCHF H4, EJ daily carry those signals as posted earlier. remember sell from top and Buy from bottom with good SL and MURREY MATH TP.

PIPS COUNTING AS USUAL..

SCREWUP please laugh with me..
EU USD is carrying a sell signal on M5 with a late entry. now look @ it.

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Good now look at your GBP PAIR Charts H4 to be more specific you will see they all have negative values.. if you saw entry and took advantage kudos.

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