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EURUSD

  • #669,861
  • Jul 19, 2012 1:44pm Jul 19, 2012 1:44pm
Quoting PaPIPchulo
The talk about pips, while it is good to be on the right side of the market, is MEANINGLESS.

Open 10 small position at once that move 40 pips, and you can come to a forum and pretend you are some sort of guru since you can make 400 pips in a week!!

Thanks to leverage and money management, I can catch 10 pips and make the same if not more percentage wise on my account. In the end of the day is not how many pips you can get. It's all about making the most money.

no at the end of the day it is all about how much risk you take... defines if you gamble or trade
  • #669,862
  • Jul 19, 2012 1:48pm Jul 19, 2012 1:48pm
Huge Protest Against Austerity Measures in Streets of Madrid



July 19, 2012 14:43 ET (18:43 GMT)
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #669,863
  • Jul 19, 2012 1:55pm Jul 19, 2012 1:55pm
Im waiting for a good signal long...
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  • #669,864
  • Jul 19, 2012 1:56pm Jul 19, 2012 1:56pm
Quoting mercy seat
Huge Protest Against Austerity Measures in Streets of Madrid



July 19, 2012 14:43 ET (18:43 GMT)
100 Billions more for spain ... who will pay?! difficult to guess or easy?
  • #669,865
  • Jul 19, 2012 1:59pm Jul 19, 2012 1:59pm
NuNix, can you share that indicator as on your graphs with the wave line please?

Quoting NuNix
now long buy @1.2271 SL @1.2255 TP @1.2305
  • #669,866
  • Jul 19, 2012 2:02pm Jul 19, 2012 2:02pm
Quoting chess king
100 Billions more for spain ... who will pay?! difficult to guess or easy?
Thank God that the UK stayed out of the Euro zone! Just about the only sensible thing that Gordon Brown and his comrades in the last labour government managed to do!
  • #669,867
  • Jul 19, 2012 2:05pm Jul 19, 2012 2:05pm
Quoting mercy seat
Huge Protest Against Austerity Measures in Streets of Madrid



July 19, 2012 14:43 ET (18:43 GMT)
Not that huge actually.
  • #669,868
  • Jul 19, 2012 2:17pm Jul 19, 2012 2:17pm
"German parliement approves Spanish bailout:"

If the EU approve tomorrow
Euro will rise
  • #669,869
  • Jul 19, 2012 2:19pm Jul 19, 2012 2:19pm
Huge Protest Against Austerity Cuts Fills Madrid Streets


MADRID (AFP)--A huge protest against the Spanish government's latest austerity measures filled the streets of central Madrid on Thursday evening.

Unions have called more than 80 demonstrations across the country, the latest in an almost daily series of protests this month, with workers yelling in anger at pay cuts and tax hikes.



July 19, 2012 15:13 ET (19:13 GMT)
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #669,870
  • Jul 19, 2012 2:21pm Jul 19, 2012 2:21pm
Quoting chess king
100 Billions more for spain ... who will pay?! difficult to guess or easy?
You will pay.

T
"I know one thing, that I know nothing." Sokrates
  • #669,871
  • Jul 19, 2012 2:22pm Jul 19, 2012 2:22pm
Quoting loureed10
Not that huge actually.
Are you an AFP Newsreporter in Madrid?


2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #669,872
  • Jul 19, 2012 2:24pm Jul 19, 2012 2:24pm
PIP
  • #669,873
  • Jul 19, 2012 2:34pm Jul 19, 2012 2:34pm
Quoting PaPIPchulo
I am aware of daily pip ranges, but I don't bother with setting myself a goal in pips. I'm a swin trader, so it is simply my style, but they I approach a trade is I know what percentage of my account I'm willing to lose per trade and I know my SL.

From then on, I don't care how many pips I get. I get out when I get the signal to go the other way.
I agree with you.......50 pips can be $5000 to one account but to another it is just $5 dollars.
  • #669,874
  • Jul 19, 2012 2:35pm Jul 19, 2012 2:35pm
Quoting chess king
100 Billions more for spain ... who will pay?! difficult to guess or easy?
Spain, Italy, Portugal, Ireland, Greece, etc... they are part of the funding group for the ESM of course.
  • #669,875
  • Jul 19, 2012 2:38pm Jul 19, 2012 2:38pm
I also find it funny how the average range for eurusd can be 120 pips but someone is here talking of "1500 pips today" oh this that. Something funny, do they choose multiples of 3 or is it just me?
  • #669,876
  • Jul 19, 2012 2:43pm Jul 19, 2012 2:43pm
Quoting Ultimate6
my hint...
hmm what is the pattern over the last 5 days on the london (GMT time) daily chart called... and tomorrow is a friday.
pattern for london session last 5 days is a drop of about 50-60pips followed by a quick rise to a higher level than the drop... each day til we came all the way up to 2320 and now we are still close to 2300...if its a friday it should swing even wilder...lower then followed by big upswing to make 2350-2370
  • #669,877
  • Jul 19, 2012 2:46pm Jul 19, 2012 2:46pm
Quoting Ltrader
Im waiting for a good signal long...
Long what time frame do you trade. what is going on atm is a correction
shorts bias

:nerd:
  • #669,878
  • Jul 19, 2012 2:47pm Jul 19, 2012 2:47pm
1.20-1.18 long term view EURUSD
  • #669,879
  • Jul 19, 2012 2:50pm Jul 19, 2012 2:50pm
seems to be a little pattern going on with this pair this week...its been going up during us an asian sessions an it drops in london an euro sessions...
  • #669,880
  • Jul 19, 2012 2:54pm Jul 19, 2012 2:54pm
Quoting Mr.MaginCole
I also find it funny how the average range for eurusd can be 120 pips but someone is here talking of "1500 pips today" oh this that. Something funny, do they choose multiples of 3 or is it just me?
I think everything depends on how your counting your pips.


Its feasible to pull a ton of pips on just a 100 pip move, if your pyramiding.
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