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  • #673,701
  • Jul 31, 2012 8:02pm Jul 31, 2012 8:02pm
Quoting ibram.forex
NO
"Men who can both be right and sit tight are uncommon."
  • #673,702
  • Jul 31, 2012 8:03pm Jul 31, 2012 8:03pm
Quoting Mike8
50.1 is that good?
worse than expectation and previous data...showing Chinese economy continue slowing down...
but still above 50...
I reckon people will say China government making up data again....people predict something lower than that I think..
Patience, Emotion Control and Discipline.
  • #673,703
  • Jul 31, 2012 8:04pm Jul 31, 2012 8:04pm
So if China does not perform usd goes up and aud nzd and euro goes down?
"Men who can both be right and sit tight are uncommon."
  • #673,704
  • Jul 31, 2012 8:05pm Jul 31, 2012 8:05pm
Quoting Mike8
So if China does not perform usd goes up and aud nzd and euro goes down?
especially Aussie I think...

edit: by the way UJ setting new record low since 23rd or July....
hmmmmmm come on BOJ....I think u capable to do something better than that!
Patience, Emotion Control and Discipline.
  • #673,705
  • Jul 31, 2012 8:12pm Jul 31, 2012 8:12pm
Quoting Mike8
50.1 is that good?

it's not a great data, market was expecting more from china after easing measure taken by china . yes above 50 mean is expansion but if you looking back history it not really expansion , just pause/bottom in down trend.

what we have seen immediate reaction, we have to wait for london to get fundies reaction.
AS johncen say china could manipulated date too
Mohan
  • #673,706
  • Jul 31, 2012 8:12pm Jul 31, 2012 8:12pm
Quoting johncen
especially Aussie I think...

edit: by the way UJ setting new record low since 23rd or July....
hmmmmmm come on BOJ....I think u capable to do something better than that!
I just had a look at usdjpy, seems that if a good PA forms, maybe a buy...
"Men who can both be right and sit tight are uncommon."
  • #673,707
  • Jul 31, 2012 8:26pm Jul 31, 2012 8:26pm
That was fun. Out with +10 pips. Now waiting for an hour and five minutes for the next fun.
Time turns trend. - W.D. Gann
  • #673,708
  • Jul 31, 2012 8:46pm Jul 31, 2012 8:46pm
i have just notice we have Chinese HSBC Final Manufacturing PMI, which is normally more bearish than official
Mohan
  • #673,709
  • Jul 31, 2012 9:04pm Jul 31, 2012 9:04pm
my monthly candle closed and it's pretty interesting..
  • #673,710
  • Jul 31, 2012 9:23pm Jul 31, 2012 9:23pm
Quoting attila
my monthly candle closed and it's pretty interesting..
Agreed, what a mixture of signals, enough to turn to drink

Bearish engulfing at support, 50/50 lh ll at support 50/50, guess we need wait another monthly candle for either rejection or continuation

Guess is scalping mode still, what is your interesting mean?
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If you are new to Forex? Say Goodbye to your account!!
  • #673,711
  • Edited 9:37pm Jul 31, 2012 9:24pm | Edited 9:37pm
Quoting KiwiTrada
Agreed, what a mixture of signals, enough to turn to drink

Bearish engulfing at support, 50/50 lh ll at support 50/50, guess we need wait another monthly candle for either rejection or continuation

Guess is scalping mode still, what is your interesting mean?
it's above the closes on the left..
  • #673,712
  • Jul 31, 2012 9:33pm Jul 31, 2012 9:33pm
null reaction for HSBC Final Manufacturing PMI
Mohan
  • #673,713
  • Jul 31, 2012 9:35pm Jul 31, 2012 9:35pm
Quoting mohan76
null reaction for HSBC Final Manufacturing PMI
Great. Now we have to wait until Franky opens.
Time turns trend. - W.D. Gann
  • #673,714
  • Jul 31, 2012 9:38pm Jul 31, 2012 9:38pm
Quoting mohan76
null reaction for HSBC Final Manufacturing PMI
Not true. I saw it moved a couple of pips.
The Thief of Wall Street
  • #673,715
  • Jul 31, 2012 9:43pm Jul 31, 2012 9:43pm
Quoting KiwiTrada
Agreed, what a mixture of signals, enough to turn to drink

Bearish engulfing at support, 50/50 lh ll at support 50/50, guess we need wait another monthly candle for either rejection or continuation

Guess is scalping mode still, what is your interesting mean?
you got monthly as bearish engulfing but we also have a weekly bullish engulfing...who will win the fight....i guess ben will tell us tomorrow
Wooooohooooo or Boooooohooooo
  • #673,716
  • Jul 31, 2012 9:43pm Jul 31, 2012 9:43pm
Quoting Chicky
Not true. I saw it moved a couple of pips.
looks your still using zoomed in 1m chart , i am logger using it
Mohan
  • #673,717
  • Jul 31, 2012 9:44pm Jul 31, 2012 9:44pm
Quoting Chicky
Not true. I saw it moved a couple of pips.
LOL. Tell me about it. I'm so bored, I just went long, on that "spike." Oh, yeah. +2 pips in profit. Time to quit my other job. Just waiting for it to hit 1.2302 and reverse it goes.
Time turns trend. - W.D. Gann
  • #673,718
  • Jul 31, 2012 9:44pm Jul 31, 2012 9:44pm
went long, acording to my setup it looked like a pretty good position, now I'll see
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Trade what you see not what you hope
  • #673,719
  • Jul 31, 2012 9:48pm Jul 31, 2012 9:48pm
Quoting mohan76
looks your still using zoomed in 1m chart , i am logger using it
You normally get some indication hours before it happens. I think it was bought at 1.2300 hours ago. The next buying will be just below this level and then we may not see this level in weeks.
The Thief of Wall Street
  • #673,720
  • Jul 31, 2012 9:56pm Jul 31, 2012 9:56pm
Quoting Chicky
You normally get some indication hours before it happens. I think it was bought at 1.2300 hours ago. The next buying will be just below this level and then we may not see this level in weeks.

yes sir , as European pmi expectation low , good chance , hope german finance minister not going to open his mouth front of camera again today
Mohan
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