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  • #691,801
  • Sep 13, 2012 11:37am Sep 13, 2012 11:37am
Quoting StopGuessing
I guess. what did uncle bernie say. I so totally missed it.
Its open ended but they won't stop until the economy is "better"

no specific targets, if Ben gave the market specific targets they could predict when stimulus ends.
Be hopeful in a winning position, and fearful in a losing position.
  • #691,802
  • Sep 13, 2012 11:38am Sep 13, 2012 11:38am
Up she goes from here.
He who guess is LOST!
  • #691,803
  • Sep 13, 2012 11:38am Sep 13, 2012 11:38am
Quoting Chanya
Read the above post Divak ... I dont know why people are obsessed with fundamentals and burdening their lives ... Everything is not run by news ... There is Much bigger force out their named TECHNICAL ...

This move is purely fundamental... how could this big of a technical move happen without fundamental shift?

We went up to 1.30 faster than we went to 1.20
Be hopeful in a winning position, and fearful in a losing position.
  • #691,804
  • Sep 13, 2012 11:39am Sep 13, 2012 11:39am
Quoting B_Prasad
you should check out the weekly graph, u can take it to class rooms to define a classic bear graph ... i call it the tennis ball bounce phenomenon with every bump the height of the bounce goes down...
checked it out... to me looks like if the EU is going to break up we need to make a big W... 1.55-1.6 looks about right.. before an epic selloff near 2015
  • #691,805
  • Sep 13, 2012 11:40am Sep 13, 2012 11:40am
Quoting Chanya
Read the above post Divak ... I dont know why people are obsessed with fundamentals and burdening their lives ... Everything is not run by news ... There is Much bigger force out their named TECHNICAL ...
remember the 2007 fall, it was nothing technical it was only fundamental, if anything technicalls where suggesting a bigger move then... there is nothing defined in this market... neither technical nor fundamental... market is run by both of u who believes in technical and fundamental...
  • #691,806
  • Sep 13, 2012 11:40am Sep 13, 2012 11:40am
Quoting Rag2RichesFX
This move is purely fundamental... how could this big of a technical move happen without fundamental shift?
I have heard somewhere few years back that fundamentals push where technical want to go ... I have been long thrice ( I trade daily chart ) . Once from 1.2502 , one from 1.2812 and one from 1.2860 ... All holding yet ... And I can assure you I have not looked at any news AT ALL ...
Human
  • #691,807
  • Sep 13, 2012 11:40am Sep 13, 2012 11:40am
my broker have 1.30009
Mohan
  • #691,808
  • Sep 13, 2012 11:41am Sep 13, 2012 11:41am
Yes, scalping some but mostly longs. I hope you did some longs as well of this big move. I did longs all week and crushed it.

Cheers

Quoting StopGuessing
Well its a scalp play...
  • #691,809
  • Sep 13, 2012 11:42am Sep 13, 2012 11:42am
Quoting mohan76
my broker have 1.30009
mine shows 1,3002:S
  • #691,810
  • Sep 13, 2012 11:42am Sep 13, 2012 11:42am
Quoting Chanya
I have heard somewhere few years back that fundamentals push where technical want to go ... I have been long thrice ( I trade daily chart ) . Once from 1.2502 , one from 1.2812 and one from 1.2860 ... And I can assure you I have not looked at any news AT ALL ...
Yeah well it did technically setup for long.. but not this quickly and with this little retracement

thats where the move differs from a technical one, definitely was a technical move up to 1.26xx though. past that was pure FA imo (german high court and FED stimulus is HUGEEE)
Be hopeful in a winning position, and fearful in a losing position.
  • #691,811
  • Sep 13, 2012 11:43am Sep 13, 2012 11:43am
Hey I've missed everything. What happened? Is QU3 announced?
  • #691,812
  • Sep 13, 2012 11:44am Sep 13, 2012 11:44am
If we see a huge drop on 4H immediately some idiots push it up over 100pips
I died today. This is so fucked up
  • #691,813
  • Sep 13, 2012 11:44am Sep 13, 2012 11:44am
Quoting sidhujag
checked it out... to me looks like if the EU is going to break up we need to make a big W... 1.55-1.6 looks about right.. before an epic selloff near 2015
For that to happen.... Germany should be the only country using Euro i mean for the pair to touch 1.6... I guess thts not a bad idea...
  • #691,814
  • Sep 13, 2012 11:45am Sep 13, 2012 11:45am
Quoting Chanya
I have heard somewhere few years back that fundamentals push where technical want to go ... I have been long thrice ( I trade daily chart ) . Once from 1.2502 , one from 1.2812 and one from 1.2860 ... All holding yet ... And I can assure you I have not looked at any news AT ALL ...
Trading with fundamentals is a MUST.... Technicals and fundamentals go hand in hand, the big boys do not look at the technical picture only, they look at fundamentals and set the trading tone by looking profits around technical levels.
  • #691,815
  • Sep 13, 2012 11:45am Sep 13, 2012 11:45am
Quoting mohan76
my broker have 1.30009
yup 1.30017
Be hopeful in a winning position, and fearful in a losing position.
  • #691,816
  • Sep 13, 2012 11:46am Sep 13, 2012 11:46am
Quoting mohan76
my broker have 1.30009
mine 1.30010
  • #691,817
  • Sep 13, 2012 11:47am Sep 13, 2012 11:47am
touch psycological price.. If break 1.3000 it's will continue to the north till next week.. looks efek of funda was over.. :nerd:
Manage equity will always make profit...
  • #691,818
  • Sep 13, 2012 11:49am Sep 13, 2012 11:49am
Did he just call it QE @ ben... I heard a reporter ask him.... some experts believe QE would be bad for the market?
  • #691,819
  • Sep 13, 2012 11:50am Sep 13, 2012 11:50am
Quoting Tadej89
Hey I've missed everything. What happened? Is QU3 announced?
Yes, it is. even more than expected
  • #691,820
  • Sep 13, 2012 11:50am Sep 13, 2012 11:50am
1.3018 to spot sell or 08 if not afraid.

But it may be actually close price for today, anyway near 1.3.

Banging my head on wall, did not look that dip at 4hr.
They think they are smarter than I am.
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