we are getting close to 8 pm (AU ) Watch out for German Finance Min. officials
German finance minister says Germany and France to start working group to make joint proposals on Eurozone issues like banking and fiscal union
Mohan 
- #684,521
- Aug 27, 2012 5:18am Aug 27, 2012 5:18am
- Joined Jan 2011 | Status: Ordinary Members | 10,684 Posts
- #684,523
- Aug 27, 2012 5:22am Aug 27, 2012 5:22am
- | Membership Revoked | Joined Jun 2012 | 1,547 Posts
Every day last week was easier to trade than today's shit. The market's not improving, it's deteriorating. There are usually only four possible patterns at any given time ... today's price has displayed NONE of them. Unreal.
Bank holiday in Britain, deep pocket are not there, less possibility to ride a wave, there is not wind, unless you are a very sharp scalper and even then, I am not sure if it is worth it.
"There is time to go long, time to go short and time to go fishing"
"Men who can both be right and sit tight are uncommon."
- #684,524
- Aug 27, 2012 5:23am Aug 27, 2012 5:23am
- Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
Be hopeful in a winning position, and fearful in a losing position.
- #684,525
- Aug 27, 2012 5:24am Aug 27, 2012 5:24am
- Joined Aug 2009 | Status: Trader | 12,448 Posts
Do not chase the market my friend, do not trade prejudice trade conditions.
Bank holiday in Britain, deep pocket are not there, less possibility to ride a wave, there is not wind, unless you are a very sharp scalper and even then, I am not sure if it is worth it.
"There is time to go long, time to go short and time to go fishing"
If you are new to Forex? Say Goodbye to your account!!
- #684,529
- Aug 27, 2012 5:27am Aug 27, 2012 5:27am
- | Membership Revoked | Joined Jun 2012 | 1,547 Posts
yes well said, um I not fishing I am short
"Men who can both be right and sit tight are uncommon."
- #684,530
- Aug 27, 2012 5:28am Aug 27, 2012 5:28am
- Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
Be hopeful in a winning position, and fearful in a losing position.
- #684,531
- Aug 27, 2012 5:29am Aug 27, 2012 5:29am
- Joined Jan 2011 | Status: Ordinary Members | 10,684 Posts
yes well said, um I not fishing I am short
http://www.behappyinlife.com/images/...-fisherman.jpg
Mohan
- #684,532
- Aug 27, 2012 5:32am Aug 27, 2012 5:32am
- | Membership Revoked | Joined Jun 2012 | 1,547 Posts
Seems like Merkel is telling the German politician to shut up. Good for her, seems she is the only one with big balls.
I think we need more women on the top (and I do not mean what just came to my mind)
I think we need more women on the top (and I do not mean what just came to my mind)
"Men who can both be right and sit tight are uncommon."
- #684,534
- Aug 27, 2012 5:34am Aug 27, 2012 5:34am
- | Membership Revoked | Joined Jun 2012 | 1,547 Posts
yea yea , spy network took this picture last week
http://www.behappyinlife.com/images/...-fisherman.jpg
"Men who can both be right and sit tight are uncommon."
- #684,535
- Aug 27, 2012 5:34am Aug 27, 2012 5:34am
- Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
Be hopeful in a winning position, and fearful in a losing position.
- #684,536
- Aug 27, 2012 5:39am Aug 27, 2012 5:39am
- | Joined Aug 2009 | Status: Membership Revokеd | 4,396 Posts
You cannot learn better without losing
- #684,538
- Aug 27, 2012 5:43am Aug 27, 2012 5:43am
- Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
Be hopeful in a winning position, and fearful in a losing position.
- #684,539
- Aug 27, 2012 5:48am Aug 27, 2012 5:48am
- Joined Jan 2012 | Status: Loving Nature* | 3,985 Posts
Quote at 12h ago:
So how youīre feeling on this jouney??Happy and travelling smooth? heheheheh!
Donīt forget most of all we are trading against the main trend, which is bearish, so we are going to jump of position sooner and at firt opportunity we get! The main strategie itīs to short at 1.2640 or less.
For those who want to learn, just notice why I put the stop loss at 1.2475, just 5 pips below the previous minimum and 15 pips below the cloud support.
enjoy this beatiful journey
peace
Well, after a quick look, the scenario stays unchanged and the same ideias we have from previous week...
so, next step is obvious 1.2620/40,and as soon as price arrive to that target, it will go down again to 1.2490, and after 1.2440.
buy 1.2507, stop 1.2475, target 1.2610.
At 1.2610 I will short it huge..
cheers and good trades.
Donīt forget most of all we are trading against the main trend, which is bearish, so we are going to jump of position sooner and at firt opportunity we get! The main strategie itīs to short at 1.2640 or less.
For those who want to learn, just notice why I put the stop loss at 1.2475, just 5 pips below the previous minimum and 15 pips below the cloud support.
enjoy this beatiful journey
peace
