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  • #660,041
  • Jun 20, 2012 12:13pm Jun 20, 2012 12:13pm
Quoting undertaker66
it seems it doesnt care
anybody adding shorts?

why is this?

nice long wick indicates the bears are selling like crazy
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eur dailyj15a.gif Size: 17 KB
Click to Enlarge Name: eur dailyj15.gif Size: 17 KB
  • #660,042
  • Jun 20, 2012 12:13pm Jun 20, 2012 12:13pm
Quoting Avir
press conference with #Bernanke begins in 7 minutes.
http://www.ustream.tv/federalreserve
50 mins for the circus to start. markets just getting warmed up.
  • #660,043
  • Jun 20, 2012 12:14pm Jun 20, 2012 12:14pm
this is crazy.....what a move
bulls make money , bears make money and pigs get killed ))
IT'S ALL ,,,, Only money in the bank count
  • #660,044
  • Jun 20, 2012 12:14pm Jun 20, 2012 12:14pm
Quoting Izanami
what tthe fuckkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkk
  • #660,045
  • Jun 20, 2012 12:14pm Jun 20, 2012 12:14pm
Quoting bennyblanco
What a mess! I've grown to have a really passionate hatred of this pair recently, this latest bout of stupidity just underscores what a rigged game this is.

Well, I'm giving up FX trading after a few months trying to make it work. Start a new full time regular job on Monday, will be a relief to earn some decent money again and not be relying on this sh*t

Good luck to those who can make it work for them, but for me I now utterly hate it. I'm out of the game
Yes bro, its no difference from gambling and wasting money, it took me 1 year to conquer a lot of things, mainly PPEE, personality, psychology, emotions and experience. And you will build up more anguish and frustration. If you cannot manage, this game is rather self-defeating.


You will feel better out there, i see many people failed their life here.

i Don't know how this thing move like that today, how much money or volatility causes such price movement, across all products.
  • #660,046
  • Jun 20, 2012 12:14pm Jun 20, 2012 12:14pm
In long still and took some trades short too. You should remove words like WON'T and NEVER from trading. I'm just a trader trading this crap.

Best Wishes,
Cheers


Quoting Whimtradr
See those two candles to the high? It wont break that and it aint going back.
  • #660,047
  • Jun 20, 2012 12:15pm Jun 20, 2012 12:15pm


"STROKES OF A MASTER"

On the run for the
  • #660,048
  • Jun 20, 2012 12:15pm Jun 20, 2012 12:15pm
I had one short and one long.. both closed with TP with 12 pips.. Funny market.. But I could take 40 from each..
  • #660,049
  • Jun 20, 2012 12:15pm Jun 20, 2012 12:15pm
Quoting iamkjb
Try and look at it logically and it will drive you nuts.

Just accept what you see, try catch a wave now and then, time out during the crazy bits.

Good luck with the new job.
I must agree. I try to reason with its shit fundamentals (someone actually told me Euro's fundamentals were bullish lol), but those aren't worth anything now. I am strictly going off my charts, S&D, and momentum.
  • #660,050
  • Jun 20, 2012 12:16pm Jun 20, 2012 12:16pm
Quoting Azeriboy
I had one short and one long.. both closed with TP with 12 pips.. Funny market.. But I could take 40 from each..

thats not a good trading style. trade one way and my way is sell the euro till hell
  • #660,051
  • Jun 20, 2012 12:16pm Jun 20, 2012 12:16pm
Quoting Esssex
Did you forget? Goldman makes money off your losses they have been trading against their clients since god knows when.

And FUCK.

My pending long triggered before I closed it.
Hence i have no respect for these guys. I wish somebody could make them lose so badly.
COT: The precious data ignored
  • #660,052
  • Jun 20, 2012 12:16pm Jun 20, 2012 12:16pm
all who thought that this was an buy breakout of 2720 got fooled again

This mess can go anywhere anytime..

bad time for trading overall..

i dont think, that there is any trader here available, which is making some good profit in this month.. and if yes, than I am jealous
  • #660,053
  • Jun 20, 2012 12:17pm Jun 20, 2012 12:17pm
i think short TRADE will burn soon ................. no QE3 should be down right now it upside just like QE3 ... trade the news is really stupid all people will struggle the trade 4 eva, look even people said the news said down and it will go up, still style always everyday and no people will know what happen out there >
  • #660,054
  • Jun 20, 2012 12:17pm Jun 20, 2012 12:17pm
Quoting Esssex
Did you forget? Goldman makes money off your losses they have been trading against their clients since god knows when.
There are two great contrary indicators in this world
1. Goldman
2. Natchiket
  • #660,055
  • Jun 20, 2012 12:17pm Jun 20, 2012 12:17pm
it reminds me of 1 june
move down, then sky rocketing
  • #660,056
  • Jun 20, 2012 12:17pm Jun 20, 2012 12:17pm
Quoting kuroro001
Hence i have no respect for these guys. I wish somebody could make them lose so badly.
Citi have in the past.
  • #660,057
  • Jun 20, 2012 12:18pm Jun 20, 2012 12:18pm
How to spot a liar?
Well in real life he lie so much that those lies confuse him a lot

BEWARE OF THIS GUY

Quoting Nachiket
i exited all my shorts in the first 5 minutes of FOMC. So I give a damm to this shit move and shit it is. .
20 minutes earlier
Quoting Nachiket
cashed in 150 dollars in that down move. now does anybody want to challenge me.
swing it!
  • #660,058
  • Jun 20, 2012 12:18pm Jun 20, 2012 12:18pm
Quoting tomspin
Yes I agree I would say that trading should resume tommorow at London open and that is what I will do as set ups I posted there happend before FOMC and could be spoted by any candle bastard like me - made some pips from it and now all those hammers we see across the board says:

Nachicket is the BEST contrarian this forum ever had

Sorry Kuroro I couldn't help myself


Edit btw those hammers bounced off some important pivot points

hehe you are forgiven

It seems it may pause here until BB speaks.
COT: The precious data ignored
  • #660,059
  • Jun 20, 2012 12:18pm Jun 20, 2012 12:18pm
look for a fourth close below the resistance.
Attached Image (click to enlarge)
Click to Enlarge Name: eur dailyj15a.gif Size: 17 KB
  • #660,060
  • Jun 20, 2012 12:18pm Jun 20, 2012 12:18pm
Can someone reccomend a good FSA(UK) regulated ECN/STP forex broker. There are some shark brokers out there that enjoy using spreads to eat out your pips.
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