total 137 pips! done for the day. However, this trend in UJ is expected to last for 3 days. looking forward to re-enter
.
Cool
Just want to check if it was stop hunting
ç¦ å Victor V
- #11,822
- Apr 27, 2012 12:42am Apr 27, 2012 12:42am
BREAKING NEWS!!!
S&P downgrades Spain from A to BBB+ and shows economic outlook as negative!
(wow! you mean it took them this long (over 6 months) to figure out a country with 23% unemployment, run away budgets, and a failed political system needs to have its credit rating downgraded????)
Strange, they normally do this during the week-end
#### Follow me at @LioH_ on Twitter ... ####
- #11,824
- Apr 27, 2012 2:22am Apr 27, 2012 2:22am
- Joined Oct 2007 | Status: Trader | 2,972 Posts
Dear forex gods: If there be a thousand faithful bulls who have not gone to the temple to bow down to the Golden Calf, and who have not set in the temple drinking wine with the wicked money changers and have not traded their hard-earned dollars for sacks of shiny gold and silver coins, then will thou chase thy bears back into the wilderness from whence they came; and give thy faithful bulls a bountiful rally back to 1.09?
I want to see this finally play out....I am tired of all the crappy whipsaws of April.....needs some good trend trading...that is where Symphonie truly shines!
- #11,825
- Apr 27, 2012 2:26am Apr 27, 2012 2:26am
As a current EURO bear I say slaughter the BULLS!! I want a hamburger!
I want to see this finally play out....I am tired of all the crappy whipsaws of April.....needs some good trend trading...that is where Symphonie truly shines!
Have been waiting for too long for the bears to roar!
ç¦ å Victor V
- #11,826
- Apr 27, 2012 2:40am Apr 27, 2012 2:40am
- Joined Dec 2011 | Status: Don't put all ur eggs in one basket | 3,453 Posts
- #11,830
- Apr 27, 2012 4:02am Apr 27, 2012 4:02am
- Joined Dec 2011 | Status: Don't put all ur eggs in one basket | 3,453 Posts
This has got to be the craziest market I've seen in a VERY long time. No correlation with fundies. No correlation with equities, nothing......... Spanish downgrade.......Nothing...... UK in recession...Bad economic #'s....GBP goes up.. Japan increasing monetary easing policy..........Yen rallies.......WTF? What gives? At least for the E/U, my guess is with most traders short, the squeeze must be on before the down-slide.
#1 reason why I DON'T listen to, or read the news. Damn, I'm just looking for some crumbs. Greedy bankers.
- #11,832
- Apr 27, 2012 4:10am Apr 27, 2012 4:10am
- Joined Dec 2011 | Status: Don't put all ur eggs in one basket | 3,453 Posts
- #11,833
- Apr 27, 2012 4:10am Apr 27, 2012 4:10am
Lol.
This has got to be the craziest market I've seen in a VERY long time. No correlation with fundies. No correlation with equities, nothing......... Spanish downgrade.......Nothing...... UK in recession...Bad economic #'s....GBP goes up.. Japan increasing monetary easing policy..........Yen rallies.......WTF? What gives? At least for the E/U, my guess is with most traders short, the squeeze must be on before the down-slide.
#1 reason why I DON'T listen to, or read the news. Damn, I'm just looking for some crumbs. Greedy bankers.
(just to talk
)
We become what we think about
- #11,836
- Apr 27, 2012 4:30am Apr 27, 2012 4:30am
Lol.
This has got to be the craziest market I've seen in a VERY long time. No correlation with fundies. No correlation with equities, nothing......... Spanish downgrade.......Nothing...... UK in recession...Bad economic #'s....GBP goes up.. Japan increasing monetary easing policy..........Yen rallies.......WTF? What gives? At least for the E/U, my guess is with most traders short, the squeeze must be on before the down-slide.
#1 reason why I DON'T listen to, or read the news. Damn, I'm just looking for some crumbs. Greedy bankers.
Forgotten important data:
1 - Today is Friday
2 - Almost the end of the month
Personally I'm stuck.. By doing a fundamental analysis short E / U, technically and seeing the graphic MN, Inverted H&S, Long E / U.
I try to abstract myself from external factors. If STS says up I buy, if says down I sell..
I think early next month, EU goes down. S&P lowered the rating of Spain. Italy with difficulties. Portugal may need to apply for a second rescue. Merkel does not see a foot ahead of the eyes. The European Commission blindly follows what Merkel said.
- #11,837
- Apr 27, 2012 4:35am Apr 27, 2012 4:35am
- Joined Dec 2011 | Status: Don't put all ur eggs in one basket | 3,453 Posts
Do you think something big is going to happen?
(just to talk
Well since I don't have a crystal ball, I'm in the same boat you are. For all we know, E/U looks like it wants to go to 1.34, maybe 1.35. Nothing seems to be stopping it. I guess the short squeeze is on.
- #11,838
- Apr 27, 2012 4:40am Apr 27, 2012 4:40am
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
Well since I don't have a crystal ball, I'm in the same boat you are. For all we know, E/U looks like it wants to go to 1.34, maybe 1.35. Nothing seems to be stopping it. I guess the short squeeze is on.
Doing what you like is Freedom. Liking what you do is Happiness.
- #11,840
- Apr 27, 2012 4:45am Apr 27, 2012 4:45am
- Joined Dec 2011 | Status: Don't put all ur eggs in one basket | 3,453 Posts