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  • #643,421
  • May 15, 2012 8:10am May 15, 2012 8:10am
Quoting macher
Market is oversold (two weeks bears) its time to go long now...what U think?
More like undersold..
  • #643,422
  • May 15, 2012 8:11am May 15, 2012 8:11am
Obviously the big mover of today was the fail of the greece businessthingy.

What would be a good source to have quick access to this kind of information?

Like watch CNBC live, or follow a certain Twitter account, or refreshing wsj.com every 5min?

Somebody?
  • #643,423
  • May 15, 2012 8:11am May 15, 2012 8:11am
what a buying opportunity!
  • #643,424
  • May 15, 2012 8:12am May 15, 2012 8:12am
Quoting macher
Market is oversold (two weeks bears) its time to go long now...what U think?
Dont trade against the trend, you trying to swim against the tide?
  • #643,425
  • May 15, 2012 8:13am May 15, 2012 8:13am
Quoting FrankS
Obviously the big mover of today was the fail of the greece businessthingy.

What would be a good source to have quick access to this kind of information?

Like watch CNBC live, or follow a certain Twitter account, or refreshing wsj.com every 5min?

Somebody?
Paid service or broker with news service built into your platform
swing it!
  • #643,426
  • May 15, 2012 8:13am May 15, 2012 8:13am
Quoting mkvy
More like undersold..
ok, it's going to 1,26 -25 but need corektion and now for me is best time to go long (TP 1,29)
  • #643,427
  • May 15, 2012 8:14am May 15, 2012 8:14am
im actually happy my long got stopped out at prices 1.28083

i would be crying now if i had no stoploss
  • #643,428
  • May 15, 2012 8:14am May 15, 2012 8:14am
You can follow all the major news channels on twitter, and I think that will provide you with the most up to date information.

If you have an Ipad or Iphone you could download the bloomberg app, a nice app to have.
"Trading: the hardest easy money you're going to earn." -Mark Douglas.
  • #643,429
  • May 15, 2012 8:16am May 15, 2012 8:16am
stopped out.. well i think i have learned the lesson today, dont trade against the trend just to look for 30-40 pips correction
  • #643,430
  • May 15, 2012 8:18am May 15, 2012 8:18am
Quoting forexings
Where the hell bear wants to go with this extreme oversell condition!
It will give good opportunity to buy from deep and bear can't take their stop loss. Crazy dumb will fail then. lol
It wants to go here my friend, so you better forget intraday trading
  • #643,431
  • May 15, 2012 8:18am May 15, 2012 8:18am
Does anybody remember what prompted the january low in eur/usd?
  • #643,432
  • May 15, 2012 8:19am May 15, 2012 8:19am
Quoting mkvy
It wants to go here my friend, so you better forget intraday trading
Because if Greece defaults banks will fail
  • #643,433
  • May 15, 2012 8:22am May 15, 2012 8:22am
Quoting Razvan
Does anybody remember what prompted the january low in eur/usd?
In France etc, when it downgraded that was the dip to the downtrend Chanel line that started 18 months ago, from 1.4950
  • #643,434
  • May 15, 2012 8:24am May 15, 2012 8:24am
I will Keep Short!!
  • #643,435
  • May 15, 2012 8:24am May 15, 2012 8:24am
Quoting Avir
Thanks I need that GL, in fact i shorted at 6028, thought i am going to TP somewhere at 5850. I thought the same that technically GB was in recession and it would go down but it kept going up, now i have decided to wait. I moved my SL few times but now i have set it at 6350 ( which i can afford to loose ) and decided not move it anymore.
Finally after almost 4 weeks under water managed to close my short from 6028 - not at the intended target but with some green numbers. what a wait it was!!
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FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #643,436
  • May 15, 2012 8:29am May 15, 2012 8:29am
After all that everyone here said and done, there are still boomerangs that yell BUY?

Are you retarded, or something?
Please, just slap me around if I'm being silly ...
  • #643,437
  • May 15, 2012 8:30am May 15, 2012 8:30am
too bad this thread is almost dead. no more fun and laughs for me. will keep checking in till whenever the fun comes back. i'm out.
  • #643,438
  • May 15, 2012 8:31am May 15, 2012 8:31am
those who just short please do bear in mind, traders who had short on this pair earlier will need to pocket the profit later on and this may push the pair up and maybe a break up.. just feel like sharing so that you guys can beware don't just jump into the back-wagon of shorts as it is in the extreme oversold levels...
  • #643,439
  • May 15, 2012 8:35am May 15, 2012 8:35am
Quoting daemon_delux
After all that everyone here said and done, there are still boomerangs that yell BUY?

Are you retarded, or something?
With all due respect Daemon guy aligned me with "buy this shit now!!!" pointed me out and didn't even care to straight things up - very good traders gave me their V's and their name is under it. I am here for charts and humor nothing else.
swing it!
  • #643,440
  • May 15, 2012 8:36am May 15, 2012 8:36am
Quoting pipnaija
too bad this thread is almost dead. no more fun and laughs for me. will keep checking in till whenever the fun comes back. i'm out.
Looks like all of those Bi*ching few weeks back is finally doing the thing you see i guess.
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
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