Rising channel support still holding... for now.
E/U M15
E/U M15
Those who say it cannot be done should not interrupt those who are doing it
- #32,741
- May 28, 2012 10:02am May 28, 2012 10:02am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
- #32,742
- May 28, 2012 10:04am May 28, 2012 10:04am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
And after the mess gets too extreme even for usual-burger-type provincial to not understand - real leader will come (some ultra-national-lefthanded) hero with tiny mustaches and will nationalize Fed and sort all the rest of the mess OUT.
Or is it European case...
Those who say it cannot be done should not interrupt those who are doing it
- #32,743
- May 28, 2012 10:08am May 28, 2012 10:08am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
It seems now that many other analysts are reading EurAnalysis and copying my strategies... 
http://blog.fxtechstrategy.com/2012/...with-eyes.html
http://blog.fxtechstrategy.com/2012/...with-eyes.html
Those who say it cannot be done should not interrupt those who are doing it
- #32,745
- May 28, 2012 10:26am May 28, 2012 10:26am
- Joined Oct 2009 | Status: Whn Market Warms u..U keep it Kool | 6,578 Posts
- #32,746
- May 28, 2012 10:28am May 28, 2012 10:28am
- | Commercial User | Joined Jun 2009 | 5,468 Posts
Stocktwit: LuisCarlos - twitter: @lcparodi
- #32,747
- May 28, 2012 10:30am May 28, 2012 10:30am
- | Commercial User | Joined Jun 2009 | 5,468 Posts
I hope God listen to you, I still pissed off I close all my short entries on 1.3140
Stocktwit: LuisCarlos - twitter: @lcparodi
- #32,748
- May 28, 2012 10:32am May 28, 2012 10:32am
I hope God listen to you, I still pissed off I close all my short entries on 1.3140
"The analyst consensus for end-Q2 is 1.2900, with most forecasts between 1.2287 and 1.3372. Ahead of this report, our own forecasts – which assumed a continued „muddle-through‟ scenario – were 1.25, 1.28, 1.32, 1.30 and 1.32 for end-Q2-2012 through end-Q2-2013. Based on the forecast distribution, the implied probability of EUR-USD being below 1.25 is only 27.6% for the end of Q2 and only 44.4% for the end of Q3. Similarly, the implied probability of EUR-USD being between 1.20 and 1.25 by the end of Q3 is currently only 14.4%. What does this tell us? It strongly suggests that consensus FX forecasts are vulnerable to significant downward revisions heading into the election if our new call on Greece is correct." Callum Henderson, global head of FX research and Ned Rumpeltin, currency strategist at Standard Chartered.
- #32,749
- May 28, 2012 10:44am May 28, 2012 10:44am
- Joined Oct 2009 | Status: Whn Market Warms u..U keep it Kool | 6,578 Posts
- #32,750
- May 28, 2012 10:50am May 28, 2012 10:50am
- | Commercial User | Joined Jun 2009 | 5,468 Posts
Stocktwit: LuisCarlos - twitter: @lcparodi
- #32,751
- May 28, 2012 11:07am May 28, 2012 11:07am
- | Membership Revoked | Joined Aug 2011 | 7,263 Posts
If there was easy money lying around,no one would be forcing it into your
- #32,752
- May 28, 2012 11:27am May 28, 2012 11:27am
- | Commercial User | Joined Jun 2009 | 5,468 Posts
Stocktwit: LuisCarlos - twitter: @lcparodi
- #32,754
- Edited 12:32pm May 28, 2012 12:21pm | Edited 12:32pm
- | Commercial User | Joined Apr 2012 | 1,121 Posts
Kicking myself for not holding my 1.26200 short for more than +35.
BFSG means buy fear, sell greed. I literally did that perfect today (well at least with the sell greed part)
I'm getting much better at picking target entries and actually sticking to them when price finally reaches.
I honestly didn't expect yet ANOTHER push back to 1.25, especially on a low volume day like today, which is why I closed for only 35 pips.
If there is anything I have learned, or markets are trying to teach me in 2012, it's to let your winners RUN (sure I use kind of high leverage but that doesn't mean anything to letting winners run, all that matters is the risk % of stop loss).
With my leverage (5x) +35 pips is quite a nice gain, but 80-100 would have been much better (yeah i know, obvious)
Ever notice how high to low of a move is almost exactly 100 pips? Seems that way to me almost every time. 1.2623 to 1.2525
Hope today was green pips for everyone
Tomorrow is going to be fun.
BFSG means buy fear, sell greed. I literally did that perfect today (well at least with the sell greed part)
I'm getting much better at picking target entries and actually sticking to them when price finally reaches.
I honestly didn't expect yet ANOTHER push back to 1.25, especially on a low volume day like today, which is why I closed for only 35 pips.
If there is anything I have learned, or markets are trying to teach me in 2012, it's to let your winners RUN (sure I use kind of high leverage but that doesn't mean anything to letting winners run, all that matters is the risk % of stop loss).
With my leverage (5x) +35 pips is quite a nice gain, but 80-100 would have been much better (yeah i know, obvious)
Ever notice how high to low of a move is almost exactly 100 pips? Seems that way to me almost every time. 1.2623 to 1.2525
Hope today was green pips for everyone
Tomorrow is going to be fun.
An opportunity lost is not a capital cost.
- #32,756
- May 28, 2012 3:51pm May 28, 2012 3:51pm
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
What's your call for tonight? Are we heading below 1.25000 (maybe 1.2480), set the bottom of this range, and then gonna correct again?
Those who say it cannot be done should not interrupt those who are doing it
Until we break out either side of this range, I'm afraid I don't know any more than you do. It all depends what the US banks think of the recent developments. It was quite obvious today what Europe thought...
- #32,758
- May 28, 2012 4:25pm May 28, 2012 4:25pm
- 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
