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EURUSD

  • #692,401
  • Sep 14, 2012 6:19am Sep 14, 2012 6:19am
You may want to watch gold, it is a really good indicator for FOMC moves.

It still wants upside.
They think they are smarter than I am.
  • #692,402
  • Sep 14, 2012 6:21am Sep 14, 2012 6:21am
Quoting Z3iz3i
You may want to watch gold, it is a really good indicator for FOMC moves.

It still wants upside.
yesterday's QE was full and final. no more qe
  • #692,403
  • Sep 14, 2012 6:21am Sep 14, 2012 6:21am
Quoting Z3iz3i
You may want to watch gold, it it a really good indicator for FOMC moves.

It still wants upside.
How far do you think?

I don't even think I want to sell at 1800. Maybe a little bit hoping I can buy back cheaper.

But I think its going straight to $1920 or maybe even psych $2000.

But it may take a while yet. Every month after FOMC it will move up more when Ben continues open ended purchases.

Edit: 1.618 extension of the metals correction is roughly $2160 gold and $64.50 silver
Be hopeful in a winning position, and fearful in a losing position.
  • #692,404
  • Sep 14, 2012 6:22am Sep 14, 2012 6:22am
Quoting Z3iz3i
You may want to watch gold, it is a really good indicator for FOMC moves.

It still wants upside.
Mine is chfjpy...and as long as it prints new high eurusd will too.
COT: The precious data ignored
  • #692,405
  • Sep 14, 2012 6:22am Sep 14, 2012 6:22am
Selling AudUsd 1.0611, tight sl
New voice message: Why are you calling me? If I need you, I'll call you!
  • #692,406
  • Sep 14, 2012 6:23am Sep 14, 2012 6:23am
may be 50
  • #692,407
  • Sep 14, 2012 6:23am Sep 14, 2012 6:23am
When a big move ends up lasting several days, if not WEEKS (as it has happened several times in history), it boggles the mind how you could possibly be on the wrong side of the trade over and over again.

Another two weeks of people yelling short at every resistance level while this thing continues ascension.
  • #692,408
  • Sep 14, 2012 6:25am Sep 14, 2012 6:25am
Quoting Vachus
Try to buy here some books on economy - simplified ones to understand what is demand and supply and simple stuff. I think Fundamental education will equip here very well and can help her life time studies ...
thank you for the advice, i could do with reading some my self lol. That though would go against my trading ways .I trade very simple and its effective. i would hate to start talking the talk and predicting it just isnt me. Take care
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #692,409
  • Sep 14, 2012 6:26am Sep 14, 2012 6:26am
Quoting KiwiTrada
hello, slaughter bears everywhere an licking my wound, I am sell au now 1st trade today 0608 and eu 3115
Hi Chief. I am long kiwi and start to buy aussie.
Could they reach the latest high? What do you think?
"Men who can both be right and sit tight are uncommon."
  • #692,410
  • Sep 14, 2012 6:26am Sep 14, 2012 6:26am
Quoting kibescorp
When a big move ends up lasting several days, if not WEEKS (as it has happened several times in history), it boggles the mind how you could possibly be on the wrong side of the trade over and over again.

Another two weeks of people yelling short at every resistance level while this thing continues ascension.
Best movie quote "some mother fuckers are always trying to ice skate up hill"
  • #692,411
  • Sep 14, 2012 6:27am Sep 14, 2012 6:27am
Yesterday I lost many pips but today i geting it back with some extra ( long since 1,3030). Im new on this market and still have many to learn but im determined.
  • #692,412
  • Sep 14, 2012 6:27am Sep 14, 2012 6:27am
Quoting Mike8
Hi Chief. I am long kiwi and start to buy aussie.
Could they reach the latest high? What do you think?
how much you want on the aussie. 1.2
  • #692,413
  • Sep 14, 2012 6:29am Sep 14, 2012 6:29am
Quoting kibescorp
When a big move ends up lasting several days, if not WEEKS (as it has happened several times in history), it boggles the mind how you could possibly be on the wrong side of the trade over and over again.

Another two weeks of people yelling short at every resistance level while this thing continues ascension.
Yup and we are still working on 1m TF.. we have been the entire move

wait until 5m buyers and we see another surge
Be hopeful in a winning position, and fearful in a losing position.
  • #692,414
  • Sep 14, 2012 6:30am Sep 14, 2012 6:30am
Didn't get to 3136 yet, Juice it is taking too much time.
"Men who can both be right and sit tight are uncommon."
  • #692,415
  • Sep 14, 2012 6:31am Sep 14, 2012 6:31am
Following PA = trading.

Trying to predict direction beforehand = gambling.
  • #692,416
  • Sep 14, 2012 6:32am Sep 14, 2012 6:32am
Quoting Nachiket
how much you want on the aussie. 1.2
1.10797
"Men who can both be right and sit tight are uncommon."
  • #692,417
  • Sep 14, 2012 6:32am Sep 14, 2012 6:32am
Quoting Mike8
Didn't get to 3136 yet, Juice it is taking too much time.
After 3140, you will ask for 1.3400.
Don't be smart. Be rich.
  • #692,418
  • Sep 14, 2012 6:33am Sep 14, 2012 6:33am
Quoting Rag2RichesFX
How far do you think?

I don't even think I want to sell at 1800. Maybe a little bit hoping I can buy back cheaper.

But I think its going straight to $1920 or maybe even psych $2000.

But it may take a while yet. Every month after FOMC it will move up more when Ben continues open ended purchases.

Edit: 1.618 extension of the metals correction is roughly $2160 gold and $64.50 silver
I dont know, not trading it.

Cable is seeing sellers and buyers close-up which makes eurusd to trade in small range.
They think they are smarter than I am.
  • #692,419
  • Sep 14, 2012 6:33am Sep 14, 2012 6:33am
the reason this is so dollar bearish is because the fed is going to keep stimulus going even after we show signs of "recovery"

they dont want stagflation or a slip back into recession.


the good news is we can hang on his every word at FOMC and we will know the moment that QE ends...
Be hopeful in a winning position, and fearful in a losing position.
  • #692,420
  • Sep 14, 2012 6:34am Sep 14, 2012 6:34am
Happy Pipping
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