Hello guys, I hope you all are having a good trading day. If any can help me to understand why is EUR/USD is trending in the opposite direction to Dowjons in the last 3 days?
- #46,982
- Aug 9, 2012 9:12am Aug 9, 2012 9:12am
- Joined Jul 2009 | Status: Winter is coming. Ask Kondratieff. | 8,196 Posts
"I know one thing, that I know nothing." Sokrates
- #46,983
- Aug 9, 2012 9:13am Aug 9, 2012 9:13am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Omg, Google found only Kissing, lol. Who is that guy PT?
edit: Ah, got it.
T
Those who say it cannot be done should not interrupt those who are doing it
Okay I've got my eye on a new potential trade. This one is probably something that some of you may go for because it actually has a stop loss and a 1:5.5 risk reward ratio
The pair is USD/JPY and the position is short
Sell limit order at 78.84
Stop Loss at 79.10
Take Profit at 77.50
Rationale
H4 rising wedge. Top of wedge resistance is at or near the 78.84 price which is also the top end of the 61.8 fibo level of the move up from the 75.55 low to the 84.17 high. Further resistance is offered by the falling trend line from the 84.17...
)
- #46,985
- Aug 9, 2012 9:18am Aug 9, 2012 9:18am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
I never examined this correlation mumbo jumbo to the bone, but I believe it is because EUR is decoupling from other risk assets and is slowly becoming junk.
Edit: EUR, as well as European stocks and bonds to be precise.
T
EUR/USD Daily
DJIA Daily
Those who say it cannot be done should not interrupt those who are doing it
- #46,986
- Aug 9, 2012 9:22am Aug 9, 2012 9:22am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
I'm in with a proper mm (not the suicidal account
) 
Those who say it cannot be done should not interrupt those who are doing it
- #46,987
- Aug 9, 2012 9:32am Aug 9, 2012 9:32am
- Joined Jun 2012 | Status: ケンジ | 21,416 Posts
Atta boy (or girl
If this is my avatar, am I a girl?
Squeeze the package.
http://www.wallpaperpimper.com/wallp...-1280x1024.jpg
- #46,990
- Aug 9, 2012 9:37am Aug 9, 2012 9:37am
- Joined Jun 2012 | Status: ケンジ | 21,416 Posts
I am what I am
- #46,991
- Aug 9, 2012 9:46am Aug 9, 2012 9:46am
- Joined Jul 2009 | Status: Winter is coming. Ask Kondratieff. | 8,196 Posts
short while you can.
. Can I have a tank pls?T
"I know one thing, that I know nothing." Sokrates
- #46,992
- Aug 9, 2012 9:59am Aug 9, 2012 9:59am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
So, I have managed to overleverage myself. 14,5:1! Overleveraging leads to massive psychic exposure and may ruin your life, so I am going to have a joint. You know the funny part? I risk only 0,68%
T
http://images4.wikia.nocookie.net/__...lypse_Tank.jpg
Those who say it cannot be done should not interrupt those who are doing it
- #46,993
- Aug 9, 2012 10:01am Aug 9, 2012 10:01am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
I am what I am
Strawberry and banana?
Those who say it cannot be done should not interrupt those who are doing it
- #46,994
- Aug 9, 2012 10:28am Aug 9, 2012 10:28am
- | Joined Jun 2009 | Status: nothing new under the sun | 1,428 Posts
Allah has permitted trade and has forbidden interest [koran]
- #46,995
- Edited 11:01am Aug 9, 2012 10:46am | Edited 11:01am
- Joined Jul 2009 | Status: Winter is coming. Ask Kondratieff. | 8,196 Posts
"I know one thing, that I know nothing." Sokrates
- #46,999
- Aug 9, 2012 11:23am Aug 9, 2012 11:23am
- Joined Jul 2009 | Status: Winter is coming. Ask Kondratieff. | 8,196 Posts
whats your definition for bullish?
T
"I know one thing, that I know nothing." Sokrates
- #47,000
- Aug 9, 2012 11:33am Aug 9, 2012 11:33am
- Joined Jul 2009 | Status: Winter is coming. Ask Kondratieff. | 8,196 Posts
Damn, I was rich few minutes ago .
.
"I know one thing, that I know nothing." Sokrates