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  • #650,721
  • Jun 1, 2012 11:33am Jun 1, 2012 11:33am
Quoting Z3iz3i
At the moment intraday low or almost:

- equities (room to go up)
- oil (room to go up)

Up:

- bunds (have room to come down)
- t-notes (have room to come down)

Looks good to long here while eur/usd still having support at mid point of daily.
I was long but I am now short. I think that we will slide and close at about 1.2365.
  • #650,722
  • Jun 1, 2012 12:07pm Jun 1, 2012 12:07pm
Quoting sidhujag
because correlations are made
to break. No but id rather not i posted the reasons in my posts several times.
Well, correlations do eventually break... but I think counting on that to happen seems to me more of a way to justify a belief than support it with factual evidence. Not being flippant here so don't take it that way.... it's just that correlations break down eventually, but counting on that as a reason to support a trade I think is something akin to hoarding gold because the dollar is going to collapse on account of the debt that the U.S. has...

it may very well do so.... and i'm sure eventually will... but I see little value in using that insight to form a solid trade idea around.

As for your reasons.... when I have more time I will try to check them out and respond as appropriate. Have a good weekend.


X
  • #650,723
  • Jun 1, 2012 12:07pm Jun 1, 2012 12:07pm
Quoting Kowalczyk
I was long but I am now short. I think that we will slide and close at about 1.2365.
clap clap clap..I´m sayng that from Asia open yesterday!!! we close at a cross yesterday, we had on 1 hour 4 bottom crosses, on 2 hours 2 bottom crosses, obvious he is repeatting patterns and today would close at 2365, making 2 crosses on daily!!!i´ve said that yesterday and this morning a lot of times
  • #650,724
  • Jun 1, 2012 12:12pm Jun 1, 2012 12:12pm
Quoting forextraderx
Well, correlations do eventually break... but I think counting on that to happen seems to me more of a way to justify a belief than support it with factual evidence. Not being flippant here so don't take it that way.... it's just that correlations break down eventually, but counting on that as a reason to support a trade I think is something akin to hoarding gold because the dollar is going to collapse on account of the debt that the U.S. has...

it may very well do so.... and i'm sure eventually will... but I see little value in using that insight...
market goes where us goes thats why its important that ddollar go up with dow. Gold is just paper unless u hold it in ur hand thats why its been selling off usd is the easier safe haven. But ppl will wakeup and smell the shit then gold will crack 5K
  • #650,725
  • Jun 1, 2012 12:42pm Jun 1, 2012 12:42pm
http://i50.tinypic.com/2lvgv35.gif


Ummmmmm

Warning?
  • #650,726
  • Jun 1, 2012 12:45pm Jun 1, 2012 12:45pm
Quoting Logik
http://i50.tinypic.com/2lvgv35.gif


Ummmmmm

Warning?
Where did you get this pic? Not that it's exactly breaking news... but, it is somehow much more real to see an actual pic rather than a news story describing such....
  • #650,727
  • Jun 1, 2012 12:47pm Jun 1, 2012 12:47pm
Quoting forextraderx
Where did you get this pic? Not that it's exactly breaking news... but, it is somehow much more real to see an actual pic rather than a news story describing such....
From here http://www.capitalbolsa.com/articulo...o-dracma-.html

They say basicaly that Bloomberg is try new ticker if Greece exit of Euro.
  • #650,728
  • Jun 1, 2012 12:56pm Jun 1, 2012 12:56pm
Quoting Logik
From here http://www.capitalbolsa.com/articulo...o-dracma-.html

They say basicaly that Bloomberg is try new ticker if Greece exit of Euro.

Yea, i heard about this a couple weeks back..but seeing it somehow brings a whole new meaning to the thought.

X

P.S. guess it's time to plan which price is my favorite price for a short euro.
  • #650,729
  • Jun 1, 2012 1:07pm Jun 1, 2012 1:07pm
I didnt miss anything... or did i??? 967 pips locked in for week..

250 PENDING LOCK IN

The truth is that the best way to trade is without a SL... but you need to master it and escape with other breathtaking MAXXXXXXX trades. Pls no one shld ask for the trading method i posted it here. it is the best free thing u will ever get. For those waiting for your forex messiah... You are your messiah. Making money is easy...
incase you think i am playing watch my TP's for the coming weeks 300-500..

Attached Image (click to enlarge)
Click to Enlarge Name: money money2.gif Size: 177 KB


MAXXXXXXXXXED

  • #650,730
  • Jun 1, 2012 1:16pm Jun 1, 2012 1:16pm
Quoting pipnaija
I didnt miss anything... or did i??? 967 pips locked in for week..

250 PENDING LOCK IN

The truth is that the best way to trade is without a SL... but you need to master it and escape with other breathtaking MAXXXXXXX trades. Pls no one shld ask for the trading method i posted it here. it is the best free thing u will ever get. For those waiting for your forex messiah... You are your messiah. Making money is easy...
incase you think i am playing watch my TP's for the coming weeks 300-500..

Attachment

MAXXXXXXXXXED...

Wish you all the pips you can get but remember... There have been more people that you can count before you going down the no SL route... Failing of course... Under very specific circumstances it can be made to be a working system yes... not much profit if you play it safe (~5% a month) but it does work that way. The crook of it is that you won't notice at the beginning but you will (just like average EAs) hit those wrong trades at some point destroying either your profit or whole account.
  • #650,731
  • Jun 1, 2012 1:23pm Jun 1, 2012 1:23pm
Quoting pipnaija
I didnt miss anything... or did i??? 967 pips locked in for week..

250 PENDING LOCK IN

The truth is that the best way to trade is without a SL... but you need to master it and escape with other breathtaking MAXXXXXXX trades. Pls no one shld ask for the trading method i posted it here. it is the best free thing u will ever get. For those waiting for your forex messiah... You are your messiah. Making money is easy...
incase you think i am playing watch my TP's for the coming weeks 300-500..

Attachment

MAXXXXXXXXXED...
Whats the point of this post?
  • #650,732
  • Jun 1, 2012 1:24pm Jun 1, 2012 1:24pm
Quoting forextraderx
Whats the point of this post?
btw you got a PM if you don't mind. I don't know if you got it though. I had to send it like 3 times since i always got a blank page on send.
  • #650,733
  • Jun 1, 2012 1:25pm Jun 1, 2012 1:25pm
Anyone know what cause the recent spike up?
  • #650,734
  • Jun 1, 2012 1:27pm Jun 1, 2012 1:27pm
Quoting forextraderx
Whats the point of this post?
People dancing on the streets in ecstasy is always the prequel to down the hill big time
  • #650,735
  • Jun 1, 2012 1:27pm Jun 1, 2012 1:27pm
Quoting unknown4x
Wish you all the pips you can get but remember... There have been more people that you can count before you going down the no SL route... Failing of course... Under very specific circumstances it can be made to be a working system yes... not much profit if you play it safe (~5% a month) but it does work that way. The crook of it is that you won't notice at the beginning but you will (just like average EAs) hit those wrong trades at some point destroying either your profit or whole account.
seems like the first time you are reading my post here. for your LESSON... i have been trading for 5 years. 3 and a half Total non stop winning years without SL.. read my posts boy... . i dont need advice. i only come here to tickle my fancy when i want. look @ my ECAD trade and GBPCHF trades now with entries in your mind.., watch out for NZD trades next week.. those are strokes of a master. The truth is that the method is on this thread. i'm out till maybe 2 months??? WHENEVER
  • #650,736
  • Jun 1, 2012 1:31pm Jun 1, 2012 1:31pm
Quoting unknown4x
btw you got a PM if you don't mind. I don't know if you got it though. I had to send it like 3 times since i always got a blank page on send.
received...thanksk.... will respond over the weekend
  • #650,737
  • Jun 1, 2012 1:32pm Jun 1, 2012 1:32pm
Quoting GTRudeBoy84
Anyone know what cause the recent spike up?

No I don't but i just took 20 pips off it
  • #650,738
  • Jun 1, 2012 1:34pm Jun 1, 2012 1:34pm
Quoting GTRudeBoy84
Anyone know what cause the recent spike up?
people just realised $ is equally bad that and technically the bounce was due
  • #650,739
  • Jun 1, 2012 1:34pm Jun 1, 2012 1:34pm
Quoting GTRudeBoy84
Anyone know what cause the recent spike up?
Dollar selling across the board along with EUR buying across the board.

20:02 ECB's Coeure says banks must be allowed to directly access Eurozone rescue fund.

aka freeeeeeeeeee money... put some QE anticipation at 80% and profit taking into the mix and off we go.
  • #650,740
  • Jun 1, 2012 1:36pm Jun 1, 2012 1:36pm
Quoting pipnaija
seems like the first time you are reading my post here. for your LESSON... i have been trading for 5 years. 3 and a half Total non stop winning years without SL.. read my posts boy... . i dont need advice. i only come here to tickle my fancy when i want. look @ my ECAD trade and GBPCHF trades now with entries in your mind.., watch out for NZD trades next week.. those are strokes of a master. The truth is that the method is on this thread. i'm out till maybe 2 months??? WHENEVER
You are welcome
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