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  • #661,061
  • Edited 6:24am Jun 22, 2012 5:10am | Edited 6:24am
also, US fed's hesitation, draghi's hesitation and G20 slow motion strategy implementation all based on the fact that this is summer and that it is unwise to make giant strategy regarding Europe in summer months.

Take KiwiTrada hint and start trading other currencies till Sept...Japan yen trades well in summer as does aussie.

This view of mine is very recent and mostly comes as a result of the inactivity of ecu and fed plus the very slow motion activity of german bailout plans...looks like they all are ready to delay until end of summer.
  • #661,062
  • Jun 22, 2012 5:12am Jun 22, 2012 5:12am
Quoting fx_Drew2
americans only take 2 week holiday in summer and is staggered so that no large group is gone from company at same time so summer trading is similar to winter.

Europe is = come summer most either planning, taking or talking about their holiday. Once euro2012 over everyone in country till late august.

Get used to the NY session leading until Sept
It is gbp weakness is drive market right now, geppy was doji doji doji bloody doji, finally making a move
If you are new to Forex? Say Goodbye to your account!!
  • #661,063
  • Jun 22, 2012 5:16am Jun 22, 2012 5:16am
Quoting KiwiTrada
geppy was doji doji doji bloody doji, finally making a move
yes, I watching geppy and usd/jpy very much now..all through summer I think
  • #661,064
  • Jun 22, 2012 5:16am Jun 22, 2012 5:16am
Quoting undertaker66
ok, market, im ready to surf that shit down
what r u going for long or short ???
  • #661,065
  • Jun 22, 2012 5:21am Jun 22, 2012 5:21am
Quoting KiwiTrada
It is gbp weakness is drive market right now, geppy was doji doji doji bloody doji, finally making a move
The cable is actually lagging behind the euro. And there are many support before the blue line.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 45 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #661,066
  • Jun 22, 2012 5:21am Jun 22, 2012 5:21am
Any one think this is an actual move down or a bit of fishing to see who will take the bait?
  • #661,067
  • Jun 22, 2012 5:27am Jun 22, 2012 5:27am
Seriously, patience is a virtue.
Don't just beat the markets, leave bruises.
  • #661,068
  • Jun 22, 2012 5:28am Jun 22, 2012 5:28am
Quoting Motion
Seriously, patience is a virtue.
are you still holding shorts?
  • #661,069
  • Jun 22, 2012 5:28am Jun 22, 2012 5:28am
fishy fishy
  • #661,070
  • Jun 22, 2012 5:30am Jun 22, 2012 5:30am
My EURUSD view atm:
Divergence on 15min. need it to play out before the move down continues.
  • #661,071
  • Jun 22, 2012 5:31am Jun 22, 2012 5:31am
Quoting kaiza
My EURUSD view atm:
Divergence on 15min. need it to play out before the move down continues.
that is if the down move continues...
  • #661,072
  • Jun 22, 2012 5:34am Jun 22, 2012 5:34am
looks like a bearish crab 15m tf ??
  • #661,073
  • Jun 22, 2012 5:36am Jun 22, 2012 5:36am
Quoting undertaker66
looks like a bearish crab 15m tf ??
Can't wait
Loosening is not an option
  • #661,074
  • Edited 6:42am Jun 22, 2012 5:37am | Edited 6:42am
http://www.netdania.com/Products/liv...anceChart.aspx

central bank and G20 slow motion strategy implementation all based summer months will also allow japan central bank to buy any major selling of the USD or the euro in order to implement their own strategy...thus euro/usd flattening in both asia market and london. Swiss also buying any real euro selling as well... again flatting possible movements in the euro.

Its really a cross of 3 currencies when speaking of Japan and they wish the yen to be weak against both so the yen seems a nice summer short!
  • #661,075
  • Jun 22, 2012 5:37am Jun 22, 2012 5:37am
Quoting fx_Drew2
yes, I watching geppy and usd/jpy very much now..all through summer I think
arrrgh another leggy shit pingpong candle
If you are new to Forex? Say Goodbye to your account!!
  • #661,076
  • Jun 22, 2012 5:40am Jun 22, 2012 5:40am
Quoting KiwiTrada
It is gbp weakness is drive market right now, geppy was doji doji doji bloody doji, finally making a move

gappy very naughty , she missed my tp by 10 pip last night
Mohan
  • #661,077
  • Jun 22, 2012 5:42am Jun 22, 2012 5:42am
Quoting Vilkas
Can't wait
LT?
  • #661,078
  • Jun 22, 2012 5:44am Jun 22, 2012 5:44am
Quoting navigatorlt
LT?
Loosening is not an option
  • #661,079
  • Jun 22, 2012 5:49am Jun 22, 2012 5:49am
Quoting Motion
That's the exact question I just asked a colleague.

BTW, just BE-ed on my 2553 short. Now hands akimbo...

her need clear 2538 bro, hold below, before I will micro manage, but like i post, is easier to leave my stop, because i have cover above,

for me ping pong in my zone normally allows me to pb offset sl risk and add another, but is Friday, not normally interested in trade fridays, was just got nice ride yesterday drop, just wish this pa was a tuesday ,
need decent drop to hold over weekend, or will close out trades,

is been a patient wait tonight

edit watching kiwi now her going up to retest her little flag 30min also has 50 sma cruising down possibly intersect at retest, note her has just crossed down through 200sam, so could be ggood for some pips
If you are new to Forex? Say Goodbye to your account!!
  • #661,080
  • Jun 22, 2012 5:56am Jun 22, 2012 5:56am
Does anyone have any strategies or formulas to estimate price targets? Its a weak point for me, and I was wonder what other traders do to set their TPs and such. Thanks.
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