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  • #649,301
  • May 30, 2012 2:50am May 30, 2012 2:50am
Quoting Paulenok
Who can beat that?

Btw, live/demo?
many can. by the way my margin is 0.10 only and its a live account
  • #649,302
  • May 30, 2012 2:51am May 30, 2012 2:51am
Quoting Snarkalarker
This downfall kills me. Not that I have lost any money on it but I remember when it it tried to break through 1.50, twice, and failed. Everyone was talking about 1.60 and some even 2.00. Many were seasoned veterans on this site with 10 vouchers and the same have all but dissapeared.

Looking back over my notes I see that I was adamant against about taking any longs. Go short for the long term I wrote in caps.

I was pissed when it fell from right above 1.40 to 1.36, 1.36 seemed there for a awhile anyway that a good support was building. I got...
This happens when you follows someone blindly.. so first do blame yourself and than others.. and most of +10v traders are here only jokers and nothing else. Stay for some months here, submit 1000000 funny posts and you will also get 10 vouchers.

A buy trade at 1.40 area without any stoploss is just a fooly and a rookie trade and nothing else.
  • #649,303
  • May 30, 2012 2:51am May 30, 2012 2:51am
Quoting Snarkalarker
....I missed out on a trade that later might be considered a trade of a lifetime.......
Don't worry. You will get several opportunities of missing lifetime trades. First one of such trades is in the making right now.
The Thief of Wall Street
  • #649,304
  • May 30, 2012 2:51am May 30, 2012 2:51am
Anyone looking at the dollar index? technically, it's preparing for a rally, bigtime.
Please, just slap me around if I'm being silly ...
  • #649,305
  • May 30, 2012 2:52am May 30, 2012 2:52am
Quoting Snarkalarker
This downfall kills me. Not that I have lost any money on it but I remember when it it tried to break through 1.50, twice, and failed. Everyone was talking about 1.60 and some even 2.00. Many were seasoned veterans on this site with 10 vouchers and the same have all but dissapeared.

Looking back over my notes I see that I was adamant against about taking any longs. Go short for the long term I wrote in caps.

I was pissed when it fell from right above 1.40 to 1.36, 1.36 seemed there for a awhile anyway that a good support was building. I got...
Whether or not the Greeks exit is not really a cause for concern. It is the uncertainty of whether they will stay or leave that is killing the markets.

Expect a muted impact once a decision is finally made with at best 1-2months for markets to digest the information. A good time for a long entry will be around July/August.
  • #649,306
  • May 30, 2012 2:53am May 30, 2012 2:53am
Quoting daemon_delux
Anyone looking at the dollar index? technically, it's preparing for a rally, bigtime.
No, Dollar is waiting for the NFP on friday.. till than I dont think we could see any good rally on dollar
  • #649,307
  • May 30, 2012 2:54am May 30, 2012 2:54am
Quoting daemon_delux
Anyone looking at the dollar index? technically, it's preparing for a rally, bigtime.
can't say. these central banks will come anytime and screw up dollars
  • #649,308
  • May 30, 2012 2:54am May 30, 2012 2:54am
Quoting fxkiller
No, Dollar is waiting for the NFP on friday.. till than I dont think we could see any good rally on dollar
I said technically, not fundamentally. It bounced off of a support line, and it went haywire. It will go up, my guess. Feel free not to follow me, for I might be wrong.
Please, just slap me around if I'm being silly ...
  • #649,309
  • May 30, 2012 2:54am May 30, 2012 2:54am
Quoting Nachiket
many can. by the way my margin is 0.10 only and its a live account
untyl 17 june it is a log time..bearish ...with few bounces up.. so keep down losses and the trend as well.. i dont understand were u read that how low it gan get... becouse only draghi and bernie knows were is that low ..
what i woander it is how up it can gets??? we will see!!!!!!!!!!
  • #649,310
  • May 30, 2012 2:57am May 30, 2012 2:57am
Except for the OB condition, technically, I don't see any occasion for a long. We're under the 200SMA, 100SMA, 35EMA, 50EMA.

Fundamentals point downwards, technicals(except RSI imo) point downwards(again, that's imo). More shorting ground under 40, if you want.
Please, just slap me around if I'm being silly ...
  • #649,311
  • May 30, 2012 2:58am May 30, 2012 2:58am
Quoting daemon_delux
Long term, the Grexit is a good thing. (and by long term I'm saying more than 3-4 months at least).

Short term, it's almost a money making disaster for Spain and Italy, and especially for Germany, who'd be forced to withdraw it's support to any country.
In a sum of words, the grexit would be a INSANE ammount of shorting followed by longing in 2-3 months.
Thanks.

I appreciate your input.
  • #649,312
  • May 30, 2012 2:58am May 30, 2012 2:58am
I am smelling something today. anybody agrees? I am not going long however.
  • #649,313
  • May 30, 2012 2:59am May 30, 2012 2:59am
Quoting Nachiket
I am smelling something today. anybody agrees? I am not going long however.
what you mean by smelling something?
  • #649,314
  • May 30, 2012 3:00am May 30, 2012 3:00am
Quoting samirs
what you mean by smelling something?

I mean some coordinated action by central banks.
  • #649,315
  • May 30, 2012 3:00am May 30, 2012 3:00am
Quoting Chicky
Don't worry. You will get several opportunities of missing lifetime trades.
I know.

Patience.

I can not help but look back and see where I would be now if I would have had more patience and listened to my own notes that I PUT IN CAPS.

  • #649,316
  • May 30, 2012 3:00am May 30, 2012 3:00am
Quoting daemon_delux
Anyone looking at the dollar index? technically, it's preparing for a rally, bigtime.
If you say technically, USDX is preparing for a retracement. Fundamentally, it is preparing for a fly. But who knows?
  • #649,317
  • May 30, 2012 3:01am May 30, 2012 3:01am
Quoting samirs
what you mean by smelling something?
he means there are scrambled eggs for breakfast
There are two opinions in this world, Mine and the wrong one...
  • #649,318
  • May 30, 2012 3:02am May 30, 2012 3:02am
M3 money supply got 0.7 percent lower than past month. That's a low in several months. Private loans also decreased.

If ECB's printing presses don't fire up anytime soon, we'll start trading gold to buy groceries. Either that, or a rate increase, both with extremely good shorting opportunities.
Please, just slap me around if I'm being silly ...
  • #649,319
  • May 30, 2012 3:03am May 30, 2012 3:03am
Quoting Johnny Bravo
he means there are scrambled eggs for breakfast
i would love to have them. howver lunch time in my country
  • #649,320
  • May 30, 2012 3:04am May 30, 2012 3:04am
edit: There is a change to bounce before continue goes down???
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