Dislikedi am long already, for some relief...
other than that, i think we are headed for 2600 or at least 2700
Ugly 2 day candleIgnored
They think they are smarter than I am.
- #704,841
- Oct 9, 2012 12:59pm Oct 9, 2012 12:59pm
- Joined Aug 2008 | Status: Fear makes us see who we really are | 4,822 Posts
They think they are smarter than I am.
- #704,842
- Oct 9, 2012 1:00pm Oct 9, 2012 1:00pm
- Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
There are 2 concepts to understand in trading. One, market is forward-looking. It always looks ahead. The pertinent question to ask in trading is not "What just happened?", The stock market usually looks ahead about 6 to 12 months. However, the forex market only looks ahead for the next 1 to 3 months. For example, the market has been looking ahead for ECB and FED to do 2 things since mid-July. EURUSD was expecting ECB to introduce some sort of bond buying for troubled countries like Spain. And for FED to unleash QE3 to help pull the US out of...
good analysis
Be hopeful in a winning position, and fearful in a losing position.
- #704,843
- Edited 1:14pm Oct 9, 2012 1:00pm | Edited 1:14pm
- Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
Be hopeful in a winning position, and fearful in a losing position.
- #704,846
- Oct 9, 2012 1:11pm Oct 9, 2012 1:11pm
Morgan Stanley recommended going long on EURUSD yesterday at 1.2950 with SL 1.2870, now they are out of the trade.
http://alturl.com/3xd4g
Idiots.
- #704,847
- Oct 9, 2012 1:14pm Oct 9, 2012 1:14pm
There are 2 concepts to understand in trading. One, market is forward-looking. It always looks ahead. The pertinent question to ask in trading is not "What just happened?", The stock market usually looks ahead about 6 to 12 months. However, the forex market only looks ahead for the next 1 to 3 months. For example, the market has been looking ahead for ECB and FED to do 2 things since mid-July. EURUSD was expecting ECB to introduce some sort of bond buying for troubled countries like Spain. And for FED to unleash QE3 to help pull the US out of...
these thing is just to justify the move, but they are not the actual cause.
- #704,849
- Oct 9, 2012 1:16pm Oct 9, 2012 1:16pm
- Joined Jan 2012 | Status: Loving Nature* | 3,985 Posts
for those who are long, prepare tests to 1.2830/40 area...Have to go out to a mini party
, so as I want to be in full mood, I:
CLOSED HALF Position, now is LOW Leverage/Position Trade:
price at Break even , 1.2863
Pending order LONG LOW POSITION at 1.2840...same details.
good luck bro´s
, so as I want to be in full mood, I:CLOSED HALF Position, now is LOW Leverage/Position Trade:
price at Break even , 1.2863
Pending order LONG LOW POSITION at 1.2840...same details.
good luck bro´s
- #704,850
- Oct 9, 2012 1:23pm Oct 9, 2012 1:23pm
- Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
for those who are long, prepare tests to 1.2830/40 area...Have to go out to a mini party
CLOSED HALF Position, now is LOW Leverage/Position Trade:
price at Break even , 1.2863
Pending order LONG LOW POSITION at 1.2840...same details.
good luck bro´s
hoping she is reversing now though, or at least starting to
im only targeting 30-40 pips
Be hopeful in a winning position, and fearful in a losing position.
- #704,852
- Oct 9, 2012 1:36pm Oct 9, 2012 1:36pm
- Joined Mar 2010 | Status: Trader | 42,434 Posts
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
- #704,855
- Oct 9, 2012 1:55pm Oct 9, 2012 1:55pm
- Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
Be hopeful in a winning position, and fearful in a losing position.
- #704,858
- Oct 9, 2012 2:00pm Oct 9, 2012 2:00pm
- Joined Jul 2007 | Status: Trader | 17,796 Posts
COT: The precious data ignored