i'm not a scalperi must see more before throwing out the gun
little explanation about my positions:
after the first arrow, i said only considered long positions, and I was long.
when broke down the red TL, i closed long positions, as i said at the time.
after it broke down the big TL, so no more longs
yesterday, it looked like it was testing the big TL, from below, so I opened a short position.
now, we have THE test or it will jump onto the TL. if jumps, i close the short position. oh boy
Attachment
Kings Crown Formation on the 4 hour chart...looking to go long here.
Hehe, here I am, look at me
Are you guys still watching those bonds? 10y shoot up this morning, but got instantly hammered back and now is trading back at the same price as yesterday, when the report was released.
PT you are ofc right Rajoy wont ask for bailout before elections. But as I keep on repeating like a silly kid. If ECB wasnt secretly funding Spain (secretly, therefore, no need to ask for bailout) it would already be forced to do simmilar haircut on its debt like Greece already 2 month ago, would have to apply for aid and we would be trading this pair @ 1,2. But we are still not.
Mate, I know you are very well educated and know enough about macroeconomics to make a clear view, but maybe your knowledge is now obstacle for you. This can not be watched. This is major shift of power in the world, superelection year. Sure, southern Europe is in terrible shape and we can see it on many macro indicators as well as on social mood in Spain. But right now, Mr. Market just closed one eye, maybe even both. If he didnt, we would be in serious trouble here.
What I am saying is, there is someone intervening for sure. And this someone wasnt intervening for three months, to let markets crumble before elections. I see 1,268 pretty close, but cant imagine we will go any lower pre elections.
T
Hey Tom. You might be absolutely justified in suggesting that my knowledge is working against me as an obstacle. In fact I am hearing that from a very large number of traders lately. This tells me very clearly that I am not following the crowd and that gives me even more confidence in my bearish calls.
oyy one of those mornings, waking up underwater
throwing on a few shorts here, seems like we're in a recent supply zone and can't identify any real fundamental catalysts for the move up
on a note to self, gotta scale back the trade sizes, trading is getting a little wreckless
Could you elaborate more? My fundamental analysis is rather crude, I assumed the numbers beating expectations to boost the USD. I've got the DXY chart pulled up and its clearly not the case.
Is it more of a transition to a risk on environment from risk off?
http://www.forexfactory.com/images/icons/euro.gif 
