DislikedNot necessarily the currencies and all depends which column you are looking at.
Also you have to make a distinction between quality and junk.
During Risk-Off events, safe havens such as US, Germany and Japan experience a drop in yield and the EZ periphery and emerging markets experience a rise in yield.
However, the purpose behind the monitoring for me is to gauge Spain, Italy and France. A rise in yields in these bonds indicates lowered confidence and has a negative impact on the Euro.Ignored
- #29,242
- May 7, 2012 2:19am May 7, 2012 2:19am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Those who say it cannot be done should not interrupt those who are doing it
- #29,243
- May 7, 2012 2:29am May 7, 2012 2:29am
- | Joined Jun 2009 | Status: nothing new under the sun | 1,428 Posts
If you are making 20 to 40 happy pips in the movement ... then it is fine. I only support moves and set ups which has potential to go ahead atleast 100 pips with no back gear of 50 pips.
Allah has permitted trade and has forbidden interest [koran]
- #29,244
- May 7, 2012 2:34am May 7, 2012 2:34am
- | Joined Jun 2009 | Status: nothing new under the sun | 1,428 Posts
Who said I see a bottom? I mean as in the end of the euro down move where it takes at least a 100 pip move up.
Its only a short term bottom, I'll take all the pips I can get20 long , and back in 20 short higher than TP = 40
I just try to play it well, but I will admit it has cost me pips before too.
The only reasons I closed shorts is decent support at these levels, but mostly because this market is way too exhausted to not consolidate at least.
Edit: Also, PipTrapper, why are you still holding your position from 1.46? Surely you could...
Allah has permitted trade and has forbidden interest [koran]
- #29,245
- May 7, 2012 2:36am May 7, 2012 2:36am
- Joined Oct 2009 | Status: Whn Market Warms u..U keep it Kool | 6,578 Posts
Any body here use Murrey Math for E/U pair?
- #29,246
- May 7, 2012 2:43am May 7, 2012 2:43am
- Joined May 2010 | Status: Trader | 2,004 Posts
Any body here use Murrey Math for E/U pair?
69
- #29,248
- May 7, 2012 2:47am May 7, 2012 2:47am
- Joined Oct 2009 | Status: Whn Market Warms u..U keep it Kool | 6,578 Posts
Me. Daily and hourly..
- #29,249
- May 7, 2012 3:03am May 7, 2012 3:03am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Those who say it cannot be done should not interrupt those who are doing it
- #29,250
- May 7, 2012 3:05am May 7, 2012 3:05am
- Joined Oct 2009 | Status: Whn Market Warms u..U keep it Kool | 6,578 Posts
- #29,252
- May 7, 2012 3:07am May 7, 2012 3:07am
- Joined May 2010 | Status: Trader | 2,004 Posts
Possible posting a Daily Chart with MMLs ?
My logic about it is when price goes through without stopping - it will come back soon, but if it reverses before (lets say some 20 % or less) it will try to reach it again soon. So in this case we can go for 3061 and later should try 2939.. + plenty of fibbs near these levels so s/r zones quite clear here..
69
- #29,253
- May 7, 2012 3:09am May 7, 2012 3:09am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Those who say it cannot be done should not interrupt those who are doing it
- #29,254
- May 7, 2012 3:10am May 7, 2012 3:10am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
u post and pm me just because of that..?
so sweet u are..
Those who say it cannot be done should not interrupt those who are doing it
- #29,255
- May 7, 2012 3:11am May 7, 2012 3:11am
- Joined Jul 2010 | Status: Princess | 2,149 Posts
cause my chart is very expensive... lol
- #29,256
- May 7, 2012 3:13am May 7, 2012 3:13am
- Joined Oct 2009 | Status: Whn Market Warms u..U keep it Kool | 6,578 Posts
- #29,257
- May 7, 2012 3:15am May 7, 2012 3:15am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Time for my daily dose of fresh air and sun. I'll be back in a few hours. Don't blow your accounts while I'm gone. 
Those who say it cannot be done should not interrupt those who are doing it
- #29,258
- May 7, 2012 3:18am May 7, 2012 3:18am
- Joined Oct 2009 | Status: Whn Market Warms u..U keep it Kool | 6,578 Posts
Hmm .. points are slightly different ... but I think it is ok.
- #29,259
- May 7, 2012 3:20am May 7, 2012 3:20am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Hmm .. points are slightly different ... but I think it is ok.
Before I leave, an update from ForexLive...
Kinda quiet….
Written by Gerry Davies
May 7, 2012 at 08:10 GMT
EUR/USD marginally firmer, up at 1.3013 from the 1.2990 that greeted me first thing.
Talk of 1.2950 barrier option interest, with buy orders clustered just ahead of said level and sell stops just below.
On topside, sell orders reportedly clustered 1.3030/50, trailing buy stops gathering just above 1.3050.
Talk of decent-sized 1.3000 vanilla option expiry at todays New York cut.
Those who say it cannot be done should not interrupt those who are doing it
- #29,260
- May 7, 2012 3:21am May 7, 2012 3:21am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
wait. my chart.. i was updating.
cause my chart is very expensive... lol
Those who say it cannot be done should not interrupt those who are doing it