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  • #668,061
  • Jul 12, 2012 8:51pm Jul 12, 2012 8:51pm
Quoting -Melo-
Who else think that the Chinese GDP will be a negative News ??

should be bearish but don't underestimate the Chinese propaganda machine who might try to fudge the numbers a bit to make it look "not so bad"
  • #668,062
  • Jul 12, 2012 8:52pm Jul 12, 2012 8:52pm
Quoting KiwiTrada
Hey Bro

It depend your stade plan / style, example, tech wise weekly and monthly levels rarely change, can be valid for years, however the lower tf,s you go the more opportunity/need to reassess levels, and yes could be conscrued as adapting to fundy.

I believe Tech rules, Fundies just amplifies specific move at specific times, lower tf,s decent "volatile" moves, however higher tf,s pa barely move.

So scalping daytrading has very different dynamics to medium long-term trading,
I believe we are still in dangerous levels, techwise,...
Yes I see what you are saying, make sense to me.

But what I was trying to say is this: does people tend to see what they want to see and not what is there using TA? Looking at a chart the mind will make you belevie that there is pattern to be exploited just because that mind is receptive to that pattern. Do you see what I mean?
"Men who can both be right and sit tight are uncommon."
  • #668,063
  • Jul 12, 2012 8:57pm Jul 12, 2012 8:57pm
Rumor

Chinese Q2 GDP rose 7.6% y/y BUT these are not official figures

edit now it's official
Mohan
  • #668,064
  • Jul 12, 2012 9:02pm Jul 12, 2012 9:02pm
Will it now make it to 1.2231?

edit: there it goes again. Playing around with the 1.2205 area.
Time turns trend. - W.D. Gann
  • #668,065
  • Jul 12, 2012 9:04pm Jul 12, 2012 9:04pm
Quoting mohan76
Rumor

Chinese Q2 GDP rose 7.6% y/y BUT these are not official figures

edit now it's official
Where did you get those figures. How come you or they knew the numbers before it was released
Alternatives are more important than the plan itself
  • #668,066
  • Jul 12, 2012 9:05pm Jul 12, 2012 9:05pm
Quoting -Melo-
Where did you get those figures. How come you or they knew the numbers before it was released

broker feed , it's usually happens with Chinese data (big fishes might got it yesterday)
Mohan
  • #668,067
  • Jul 12, 2012 9:12pm Jul 12, 2012 9:12pm
Quoting mohan76
broker feed , it's usually happens with Chinese data (big fishes might got it yesterday)
Alternatives are more important than the plan itself
  • #668,068
  • Jul 12, 2012 9:15pm Jul 12, 2012 9:15pm
s/o my shorts for 3 pips. no plans atm,, but 2225 is a R,, the break in both directions killed the bear and bull tracks excluding 2226/36 ones
those who can, do. those who cant, talk about those who can
  • #668,069
  • Jul 12, 2012 9:15pm Jul 12, 2012 9:15pm
10:06 PM China's Q2 GDP grows 7.6%, inline with expectations and down from 8.1% in Q1. June industrial output +9.5% Y/Y vs. 9.8% expected. June retail sales +13.7% Y/Y vs. 13.5% expected.
  • #668,070
  • Jul 12, 2012 9:15pm Jul 12, 2012 9:15pm
Quoting -Melo-
Where did you get those figures. How come you or they knew the numbers before it was released
Twitter my friend...
  • #668,071
  • Jul 12, 2012 9:23pm Jul 12, 2012 9:23pm
Chinese news gave me a nice fill for Aud short @1.0160
(Target 1.00)
New voice message: Why are you calling me? If I need you, I'll call you!
  • #668,072
  • Jul 12, 2012 9:25pm Jul 12, 2012 9:25pm
Quoting duyk20
Reality planet.

I'm not jumping, I'm checking people's egos and shite Gator responded well.
i must have missed it? did you say something worth reading?
those who can, do. those who cant, talk about those who can
  • #668,073
  • Jul 12, 2012 9:28pm Jul 12, 2012 9:28pm
Quoting gatorinla
s/o my shorts for 3 pips. no plans atm,, but 2225 is a R,, the break in both directions killed the bear and bull tracks excluding 2226/36 ones
doesn't a candle have to close above the level to be considered invalidated for bears? how tight was your stoploss?
Learning never ends.
  • #668,074
  • Jul 12, 2012 9:33pm Jul 12, 2012 9:33pm
Quoting kill56
10:06 PM China's Q2 GDP grows 7.6%, inline with expectations and down from 8.1% in Q1. June industrial output +9.5% Y/Y vs. 9.8% expected. June retail sales +13.7% Y/Y vs. 13.5% expected.
call me skeptical about china #s.. cat is near a bad place. we can long it above the purple.. or see 2008 as the good old days below it. (excluding the u.s.)
Attached Image (click to enlarge)
Click to Enlarge Name: yen.PNG Size: 44 KB
those who can, do. those who cant, talk about those who can
  • #668,075
  • Jul 12, 2012 9:35pm Jul 12, 2012 9:35pm
Time for a long.... in @ 1.21983

Attached Image (click to enlarge)
Click to Enlarge Name: LONG_EURUSD_1_JULY_12TH.png Size: 50 KB


~fighter
  • #668,076
  • Jul 12, 2012 9:36pm Jul 12, 2012 9:36pm
Quoting kbrown
doesn't a candle have to close above the level to be considered invalidated for bears? how tight was your stoploss?
it wasn't a candle trade. 1 pip + spread
those who can, do. those who cant, talk about those who can
  • #668,077
  • Jul 12, 2012 9:41pm Jul 12, 2012 9:41pm
Is there on this forum a thread that shows live call with entries on the chart and then exits in the following chart? That will be good. Why? Because with never know unless is showed.

Many people have many reasons to appear.
"Men who can both be right and sit tight are uncommon."
  • #668,078
  • Jul 12, 2012 9:42pm Jul 12, 2012 9:42pm
Quoting gatorinla
call me skeptical about china #s.. cat is near a bad place. we can long it above the purple.. or see 2008 as the good old days below it. (excluding the u.s.)

cat is one of the best indis it can tell u the whole story ,are we looking at one more lehman
  • #668,079
  • Jul 12, 2012 9:52pm Jul 12, 2012 9:52pm
Quoting kill56
cat is one of the best indis it can tell u the whole story ,are we looking at one more lehman

Kill, i couldn't find cat indi in grave yard, google search pointing to pet cat , Please give some more info

Edit : thanks to kokopelli
Mohan
  • #668,080
  • Jul 12, 2012 9:53pm Jul 12, 2012 9:53pm
Quoting gatorinla
call me skeptical about china #s.. cat is near a bad place. we can long it above the purple.. or see 2008 as the good old days below it. (excluding the u.s.)
Gatorinla -
Is that an MT4 chart (for Caterpillar) in your post above? If so, who's the broker that allows individual stocks on their MT4 platform?
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