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  • #686,041
  • Aug 30, 2012 2:44am Aug 30, 2012 2:44am
Quoting Noob00
Hi guys i m new here... Please corrrect me if my predition is wrong.
I see the chart seem like going up to 1.26xx.
Welcome, my advise: Do not predict, trade what is there, not what you want to see. Good luck.
"Men who can both be right and sit tight are uncommon."
  • #686,042
  • Aug 30, 2012 2:44am Aug 30, 2012 2:44am
London Open might be really good today.
  • #686,043
  • Aug 30, 2012 2:46am Aug 30, 2012 2:46am
hello everyone, looks like i havent missed anything except 20 pips up 20 pips down

hope today isn't complete boredom again

imo if we do have movement, bears want 2520 and then 2490, bulls want 2575, then make a move on 1.26, seems obvious enough i guess..
Be hopeful in a winning position, and fearful in a losing position.
  • #686,044
  • Aug 30, 2012 2:48am Aug 30, 2012 2:48am
Quoting Rag2RichesFX
hello everyone, looks like i havent missed anything except 20 pips up 20 pips down

hope today isn't complete boredom again
Still long UCAD?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #686,045
  • Aug 30, 2012 2:48am Aug 30, 2012 2:48am
Quoting 2+2=4ex
London Open might be really good today.

it might but then again it was 48 minutes ago
  • #686,046
  • Aug 30, 2012 2:49am Aug 30, 2012 2:49am
Quoting kibescorp
Long from 1.2540, SL @ 1.2530

Same boat as you ! Green pips to you and to everyone here !
  • #686,047
  • Aug 30, 2012 2:49am Aug 30, 2012 2:49am
I am really annoyed to see how bullish some of the traders on this forum have got suddenly. 1.2660-1.27-1.28 and what not I hear. Also Chinese premier wen's comments have got some bears worrying and we get a rally of 15 pips where some people get excited and buy. And then what happens the gap gets closed.

EURO is and still bearish in my view. Will sell it on all rallies and have sold today as well
  • #686,048
  • Aug 30, 2012 2:50am Aug 30, 2012 2:50am
Quoting kibescorp
Long from 1.2540, SL @ 1.2530
HUGE LONG @ 1.2540 to push up..hihi
  • #686,049
  • Aug 30, 2012 2:51am Aug 30, 2012 2:51am
Quoting MaxDoom
it might but then again it was 48 minutes ago
yes I was going to reply but good you did. It is strange how some people are not aware of the timings for different markets and they call themselves traders
  • #686,050
  • Aug 30, 2012 2:52am Aug 30, 2012 2:52am
Quoting MaxDoom
it might but then again it was 48 minutes ago
not this London , it's other London

data leaked or new in work ?

Quote
German economic minister Roesler repeats possible Greek exit has lost its terror.
Mohan
  • #686,051
  • Aug 30, 2012 2:54am Aug 30, 2012 2:54am
Quoting KillerWhale
Still long UCAD?
Yeah thanks for the recommendation on a target. It does look to me like its going for 99.40 and I think that will break
Be hopeful in a winning position, and fearful in a losing position.
  • #686,052
  • Aug 30, 2012 2:56am Aug 30, 2012 2:56am
Germany is so worried about europe that their own unemployment is rising. QE time in Europe
  • #686,053
  • Aug 30, 2012 2:58am Aug 30, 2012 2:58am
Quoting Nachiket
I am really annoyed to see how bullish some of the traders on this forum have got suddenly. 1.2660-1.27-1.28 and what not I hear. Also Chinese premier wen's comments have got some bears worrying and we get a rally of 15 pips where some people get excited and buy. And then what happens the gap gets closed.

EURO is and still bearish in my view. Will sell it on all rallies and have sold today as well
I'm trying to scalp the range, not holding for length.
  • #686,054
  • Aug 30, 2012 2:58am Aug 30, 2012 2:58am
Quoting mohan76
not this London , it's other London

not sure I understand that


I think that this mornings move will be linked to the indicies, they have a gap to close and I think a small rally in crude is due as well that will help EU push up a little - but watch to see what happens once the gap is closed - that might just be my EU short entry
  • #686,055
  • Aug 30, 2012 2:58am Aug 30, 2012 2:58am
looks bull want 56 close here , bear want to defend
Mohan
  • #686,056
  • Aug 30, 2012 3:01am Aug 30, 2012 3:01am
Short 50, 49, 49

Shooting for a long way down. Night guys.
  • #686,057
  • Aug 30, 2012 3:02am Aug 30, 2012 3:02am
http://i49.tinypic.com/mhfv5g.png

Some interesting news. ECB president Mario Draghi decided not to attend the annual Jackson Hole event. This is a premiere event for the central bankers. It is the who's who list of the monetary policy makers around the globe. Draghi cites "heavy workload" for not going. What work is he working on? What is so important he had to skip this event? Especially when he is originally scheduled for a speech this Saturday.

I think the answer is coming next week on 6th Sept Thursday. Every month ECB will have a press conference. It is broadcast live if you are interested to know. The ECB press conference for September is on the 6th. Most of the time when he speaks, there is usually high volatility on the EURUSD. I think we may see some ultra high volatility for 6th Sept thursday 830pm. Draghi's track record during the press conference for the past 2 months has been awful for EURUSD. In July, it tanked 170pips!! In August, it cratered 250pips!!

http://i47.tinypic.com/25p06xk.png

I believe he will finally share more details on ECB’s bond buying program. Which he had subtly alluded to for the past few months. Whether the market accepts and believes in the validity of the bond buying program to solve the Euro Crisis, i am not sure.

Here is my market sentiment analysis. If market is caught by surprise, expect a bullish upmove. However, market may had already anticipated this news and is buying ahead of time. In this case, we may see the classic “buy the rumor and sell the facts” move. This should result in an initial false bullish breakout followed by a sharp downward move.

I have not decided on my game plan for 6th Sept. I shall see the price action for this week and next week to determine my course of action.
  • #686,058
  • Aug 30, 2012 3:02am Aug 30, 2012 3:02am
Quoting MaxDoom
not sure I understand that


I think that this mornings move will be linked to the indicies, they have a gap to close and I think a small rally in crude is due as well that will help EU push up a little - but watch to see what happens once the gap is closed - that might just be my EU short entry
just for fun , usually we say "other left" when we mess up with left and right
Mohan
  • #686,059
  • Aug 30, 2012 3:03am Aug 30, 2012 3:03am
Zee guys, extremely dangerous to short this.
They think they are smarter than I am.
  • #686,060
  • Aug 30, 2012 3:03am Aug 30, 2012 3:03am
Quoting ForexMGames
http://i49.tinypic.com/mhfv5g.png

Some interesting news. ECB president Mario Draghi decided not to attend the annual Jackson Hole event. This is a premiere event for the central bankers. It is the who's who list of the monetary policy makers around the globe. Draghi cites "heavy workload" for not going. What work is he working on? What is so important he had to skip this event? Especially when he is originally scheduled for a speech this Saturday.

.
My friend that was 24h old news
Mohan
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