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  • #662,881
  • Jun 28, 2012 10:01am Jun 28, 2012 10:01am
I'm closing all my shorts. Going to call it a night.

Not going to wait for it to breach 97 if it even challenges it today that is.
  • #662,882
  • Jun 28, 2012 10:02am Jun 28, 2012 10:02am
i m out at be
  • #662,883
  • Jun 28, 2012 10:03am Jun 28, 2012 10:03am
Quoting tt_danu
it should stay in range.....for results with meeting...
and after...all hell turns loose.....stopes hit....and so on.....probably spike either way.....the usual money eating scheme ))

when the meeting is going to be over ? and final results will be announced ??
  • #662,884
  • Jun 28, 2012 10:03am Jun 28, 2012 10:03am
Quoting nvirish
WRONG! Lots of misinformation out there.

FINAL: Entire ACA is Upheld
No misinformation. Just the way it trickles in. The individual mandate IS unconstitutional. I then corrected as more info came in, fool.
  • #662,885
  • Jun 28, 2012 10:05am Jun 28, 2012 10:05am
Quoting undertaker66
what spike? i dont see any
what would that "uphold" mean for currency? any ideas?
Nah. It was just noise in the end.

I didn't react to the news but was just mildy amused when I saw a sudden decent sized green candle on the M5.
  • #662,886
  • Jun 28, 2012 10:08am Jun 28, 2012 10:08am
gold down, gj down, gu down, uj down, ej down, eu NEUTRAL what the hell?
  • #662,887
  • Jun 28, 2012 10:09am Jun 28, 2012 10:09am
Quoting Brocklesnar
when the meeting is going to be over ? and final results will be announced ??
exactly
IT'S ALL ,,,, Only money in the bank count
  • #662,888
  • Jun 28, 2012 10:12am Jun 28, 2012 10:12am
Quoting attila
No misinformation. Just the way it trickles in. The individual mandate IS unconstitutional. I then corrected as more info came in, fool.

I agree completely the individual mandate IS unconstitutional, but the SCOTUS ruled otherwise. I realize there were reports that stated it was struck down...and those reports were incorrect(misinformation). I just corrected you before you did. Calm down it is not like I attacked you for posting what you posted. No need to call me a fool for posting the CORRECT news.
  • #662,889
  • Jun 28, 2012 10:15am Jun 28, 2012 10:15am
Quoting Esssex
Nah. It was just noise in the end.

I didn't react to the news but was just mildy amused when I saw a sudden decent sized green candle on the M5.
1/6 of the U.S economy being affected by this law is no noise. It will be bad for the economy, good for the people if one can fathom that..
  • #662,890
  • Jun 28, 2012 10:15am Jun 28, 2012 10:15am
HEAD & SHOULDER M15 ??...what do you say??
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_02 Jun. 28 10.14.gif Size: 40 KB
  • #662,891
  • Jun 28, 2012 10:16am Jun 28, 2012 10:16am
Traders,
After read you a lot of weeks, i think that here are traders that only open LONG positions ando others that open just SELL positions.
Why?
  • #662,892
  • Jun 28, 2012 10:17am Jun 28, 2012 10:17am
Quoting Afarensis
HEAD & SHOULDER M15 ??...what do you say??
To me thatīs just noise with a spike in the middle.
  • #662,893
  • Jun 28, 2012 10:18am Jun 28, 2012 10:18am
Quoting Itrade24h
Traders,
After read you a lot of weeks, i think that here are traders that only open LONG positions ando others that open just SELL positions.
Why?
because some can read only long graph...others only short...and it depends also on the area they are are from.......
IT'S ALL ,,,, Only money in the bank count
  • #662,894
  • Jun 28, 2012 10:18am Jun 28, 2012 10:18am
Quoting nvirish
I agree completely the individual mandate IS unconstitutional, but the SCOTUS ruled otherwise. I realize there were reports that stated it was struck down...and those reports were incorrect(misinformation). I just corrected you before you did. Calm down it is not like I attacked you for posting what you posted. No need to call me a fool for posting the CORRECT news.
Yeah, fine... I don't know why the hell I'm still posting on this stupid forum anymore. All I get is head ache and shit.. Whatever..
  • #662,895
  • Jun 28, 2012 10:20am Jun 28, 2012 10:20am
Quoting attila
1/6 of the U.S economy being affected by this law is no noise. It will be bad for the economy, good for the people if one can fathom that..
It failed to make a lasting impact. A spike of 5-10pip can be ignored for my analysis maybe it provided some good entries.

Wasn't the law by the way, already existing in US? If it just failed to be repealed then there shouldn't be much change in the FX markets should there?

I could see how it will affect the equity markets but outside of that it has pretty much been priced in hasn't it? Since nothing has changed.
  • #662,896
  • Jun 28, 2012 10:22am Jun 28, 2012 10:22am
Quoting Itrade24h
Traders,
After read you a lot of weeks, i think that here are traders that only open LONG positions ando others that open just SELL positions.
Why?
because when you switch to the 4h timeframe you eye a downtrend, so you would probably not want to go against the trend and you open only short positions (easier for newbies), but some people scalp the price (surf up and down) (for experienced ones)
  • #662,897
  • Jun 28, 2012 10:26am Jun 28, 2012 10:26am
Quoting undertaker66
because when you switch to the 4h timeframe you eye a downtrend, so you would probably not want to go against the trend and you open only short positions (easier for newbies), but some people scalp the price (surf up and down) (for experienced ones)
But i have seen in this forum traders that even when the eurusd was falling from 1.32 to 1.25, they just was searching reasons to go long, long long...
And this traders hace a lot of vouchers...i dont understand why cant mix SELL and BUY
  • #662,898
  • Jun 28, 2012 10:27am Jun 28, 2012 10:27am
Quoting Itrade24h
But i have seen in this forum traders that even when the eurusd was falling from 1.32 to 1.25, they just was searching reasons to go long, long long...
And this traders hace a lot of vouchers...i dont understand why cant mix SELL and BUY
damn, thats exactly what i said. they did have short positions, probably they didnt post it or you missed it
or http://www.babypips.com/school/under...ee-groups.html
  • #662,899
  • Jun 28, 2012 10:27am Jun 28, 2012 10:27am
Quoting attila
Yeah, fine... I don't know why the hell I'm still posting on this stupid forum anymore. All I get is head ache and shit.. Whatever..
Yet you keep coming back, and whing and moaning. wonder why?
All that is left in FF is just plain garbage. "Cloggie"
  • #662,900
  • Jun 28, 2012 10:29am Jun 28, 2012 10:29am
Quoting Esssex
It failed to make a lasting impact. A spike of 5-10pip can be ignored for my analysis maybe it provided some good entries.

Wasn't the law by the way, already existing in US? If it just failed to be repealed then there shouldn't be much change in the FX markets should there?

I could see how it will affect the equity markets but outside of that it has pretty much been priced in hasn't it? Since nothing has changed.
The law was in existence, then it was challenged at the Supreme Court.. This decision will pretty much throw it back into the political arena. It will still be a big election issue. If Mitt wins, he can repeal it (with a Congress majority in place).. This decision might be good for Obama momentarily, but it could also energize the GOP voters and make him an ex president in Nov, as it's a very divisive issue.. THB, I have no idea how the law will work in current form when it goes into effect in 2014..
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