E.&O.E.

Posen who?.....posing as an expert.......central Banks seem to have become the carnival

on that note some of the names in the recent history of modern finance and banking; Carney (once as reference to a traveling circus man - still is imo)

Kashkari. Frmr Asst SEc of US Treasury..........take the people's cash and carry

GBPJPY, M30, 2012 September 03
Swinging Trade
Profit: +2.1%

USDCAD, Long @ 0.9861 (2x), Target @ 1.0015
PO Long @ 0.9525 (3x)

Ger30Sep12, M15, 2012 September 03
Short @ 6994 (2x), Target @ 6520
PO Short @ 7000 (2x), Target @ 6250
PO Short 7080 (2x), Target 6000

EURUSD, H1, 2012 September 03
The market seems initialize the next outbreak. Consolidating till nobody is sure in which direction it might be further on...? Seems that big capital will misleading (repetitive) the little forex trader (>200'000.-$)...?
Seems that time stands still.

Recommended Attitude:
...stay still ...and wait....with discipline.
FXcube

today has been a very bored day! xDD

i have only done a +0.48% of the account ..

regards!

Hi Mr Cube, I've been watching your thread for awhile and I had a question regarding the above trade. Given that the Euro is being manipulated by the central bank are you planning on holding this trade for long term gain or have you taken loss on this?

Regards

Dane

boss, do u use the trendlines?

#1187

Hi Dane!
You could answer your question by yourself, if you read p.1, #1. When you understand LOM you could hedge these orders if you intend to do so.
FXcube

...waiting seems become a discipline.

#1188

Hi tnavi!

Which trendlines at which currency pair on which timeframes?
Could you describe more exactly, please?
Kindest regards!
FXcube

Amazing Read.. thanks so much for your contribution!

In days like these I have to wait....it should be no problem for a serious trader. I let all my EU Shorts in the market.
Kindest regards
FXcube

EURUSD, M15, 2012 September 05
Swinging Trade
Profit: +0.5%

EURUSD, Monthly, 2012 September 05
Attention of a false breakout northside. If a breakout will occur ~1.31 seems possible.
I let all my short orders open and will hedge the counterpart direction at M15/M30/H1/H4.

GBPJPY, Daily, 2012 September 05

tic tok, tic tok, tic tok

right on the money like clockwork, Cube

brilliant as usual

Draghi is out in front of NFP, and the next FOMC, Ger Const Court so my best guess is the plan is the let the market drag for a while longer waiting (to infinity if possible) for the ultimate signal which NEVER comes........no real break either way

unlimited bond buying seems like a real stretch of logic unless the population is all given doses of daily LSD so i think more bs in the interim (does that mean the market is stupid?)

not too hot not too cold and as the old adage goes about being able to slide a lot further on bullshit than gravel

in other words whatever comes out of the ECB thurs AM is designed to keep the ship in a 'steady as she goes' mode, imo

probably some short term price Vol but really doubt this is the end of time

EURUSD, Daily, 2012 September 05

Piters is looking at that too.......nice chart. very nice visual information

what are you reading from the divergence on that?......i am not getting it or something ...........?