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EURUSD

  • #643,981
  • May 16, 2012 12:15pm May 16, 2012 12:15pm
I got stopped out at be with last long , i will be waiting fomc see u later..
  • #643,982
  • May 16, 2012 12:16pm May 16, 2012 12:16pm
Quoting eliabreu
Daily SHS is finished... Lets see if confirm a weekly SHS... or retrace from here...
take a look on daily and weekly charts and you guys will understand what I tell...
I see what you mean very smart.
  • #643,983
  • May 16, 2012 12:21pm May 16, 2012 12:21pm
Does anybody know who is Bullard? - he says doomy stuff in my news box

2012.05.16 18:13:01 BULLARD - BREAKUP OF EURO WOULD BE TRAUMATIZING EVENT FOR U.S., GLOBAL ECONOMY

2012.05.16 18:04:01 BULLARD - EUROPE CRISIS WON'T LIKELY WEIGH ON U.S., REAL RISK TO U.S. WOULD BE FINANCIAL MELTDOWN IN EUROPE, BUT ECB HAS MITIGATED THAT RISK

2012.05.16 18:01:58 BULLARD - EUROPEAN SOVEREIGN DEBT CRISIS LIKELY TO ROLL ON FOR A VERY LONG TIME

there was also info about ECB stoped doing business with some Greek banks....
swing it!
  • #643,984
  • May 16, 2012 12:26pm May 16, 2012 12:26pm
were we can see live??
  • #643,985
  • May 16, 2012 12:30pm May 16, 2012 12:30pm
Quoting tomspin
Does anybody know who is Bullard? - he says doomy stuff in my news box

2012.05.16 18:13:01 BULLARD - BREAKUP OF EURO WOULD BE TRAUMATIZING EVENT FOR U.S., GLOBAL ECONOMY

2012.05.16 18:04:01 BULLARD - EUROPE CRISIS WON'T LIKELY WEIGH ON U.S., REAL RISK TO U.S. WOULD BE FINANCIAL MELTDOWN IN EUROPE, BUT ECB HAS MITIGATED THAT RISK

2012.05.16 18:01:58 BULLARD - EUROPEAN SOVEREIGN DEBT CRISIS LIKELY TO ROLL ON FOR A VERY LONG TIME

there was also info about ECB stoped doing business with some Greek banks....
http://en.wikipedia.org/wiki/James_B._Bullard
Mohan
  • #643,986
  • May 16, 2012 12:30pm May 16, 2012 12:30pm
In addition to being a trader I teach school at a high needs high school.
Thanks to several of you who are quite remarkable I have been able to better understand this craft. Its an art form and one that I find has such beauty and form.
Its like being in the matrix where things are not as they appear.
Watch a 15 minute candle being formed that is red for the first 14 minutes as its body grows long only the be changed to green by a last minute push.
Watch as the Stochastics signals for 1 5 and 15 minute fail as they are opposed by larger more influential time frames.

Watch as your peers get whipped sawed from reacting rather than action.

It seems to me that success is achieved with practice and modeling good practice... To those of you who help us daily I say thanks.

I have my first post that I will make tonight . Its the signal that I traded today for nearly sixty pips in less than 45 minutes. Got it all The signal was clear and bold.......
Thanks Bagsxpert
  • #643,987
  • May 16, 2012 12:34pm May 16, 2012 12:34pm
Cheers Mohan
swing it!
  • #643,988
  • May 16, 2012 12:40pm May 16, 2012 12:40pm
Some guy in CNBC said to go opposite on FOMC decesion wtf
  • #643,989
  • May 16, 2012 12:44pm May 16, 2012 12:44pm
Quoting Cruci
Some guy in CNBC said to go opposite on FOMC decesion wtf
there is a nice say I heard somewhere " you either know how to make money in the market or you become analytic" - avoid at all costs
swing it!
  • #643,990
  • May 16, 2012 12:45pm May 16, 2012 12:45pm
Quoting tomspin
there is a nice say I heard somewhere " you either know how to make money in the market or you become analytic" - avoid at all costs
are you going to trade the FOMC? am going short on gold
  • #643,991
  • May 16, 2012 12:48pm May 16, 2012 12:48pm
Quoting Cruci
are you going to trade the FOMC? am going short on gold
Dear Lord of course not, I wanna have a clear view after the battle - never do that unless you understand macro well.
swing it!
  • #643,992
  • May 16, 2012 12:57pm May 16, 2012 12:57pm
Quoting megajester
and why is that ?
Becouse Spain,Greece,Portugal, Italy are in a really bad situation, we dont now the truth, when Greece say the truth we will go to 1.20.
Remember this post
  • #643,993
  • May 16, 2012 1:00pm May 16, 2012 1:00pm
Quoting Itrade24h
Becouse Spain,Greece,Portugal, Italy are in a really bad situation, we dont now the truth, when Greece say the truth we will go to 1.20.
Remember this post
Yes will remember thanks for reason why
  • #643,994
  • May 16, 2012 1:01pm May 16, 2012 1:01pm
Guys, i know you love the technical analysis, draw a lot of lines and feel like an artist.
But the truth is Europe have a huge crisis, no reason to go to 1.29-30.
The people of Greece have retired 800 million Euro from the Greece Banks...
Do you need more reasons?
  • #643,995
  • May 16, 2012 1:02pm May 16, 2012 1:02pm
Quoting Itrade24h
Guys, i know you love the technical analysis, draw a lot of lines and feel like an artist.
But the truth is Europe have a huge crisis, no reason to go to 1.29-30.
The people of Greece have retired 800 million Euro from the Greece Banks...
Do you need more reasons?
the market is irrational.
  • #643,996
  • May 16, 2012 1:05pm May 16, 2012 1:05pm
Quoting Itrade24h
Guys, i know you love the technical analysis, draw a lot of lines and feel like an artist.
But the truth is Europe have a huge crisis, no reason to go to 1.29-30.
The people of Greece have retired 800 million Euro from the Greece Banks...
Do you need more reasons?
Just a thought but mybe the USA have lent money to greece i dont know just throwing it out there
  • #643,997
  • May 16, 2012 1:06pm May 16, 2012 1:06pm
is the fomc meeting already done?
can someone told me what happened??
  • #643,998
  • May 16, 2012 1:07pm May 16, 2012 1:07pm
sorry fomc firework canceled
Mohan
  • #643,999
  • May 16, 2012 1:07pm May 16, 2012 1:07pm
Quoting jajano
is the fomc meeting already done?
can someone told me what happened??
same as april meeting minutes but slightly dovish
  • #644,000
  • May 16, 2012 1:07pm May 16, 2012 1:07pm
Done with the short, running out of patience all positions closed. Although the trend is your best friend, knowing when to buck the trend is also good. Looking for a 4h close and daily close at above 1.276 for longs.

Previously h4 posted a hammer followed by 2 bullish candles, the third of which if completed at above 1.276 will develop a hammer on daily chart. FOMC could possibly determine if we buck this trend or not.

Good pips to you all.
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