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  • #706,021
  • Edited 10:21am Oct 11, 2012 10:09am | Edited 10:21am
Quoting attila
Just look at this.. what a beautiful stairways structure... hard to not make pips during London..


Attachment

haha! heres your 280 chart

it was a truly beautiful move, divergence controlled pretty much every swing.

alright, see you in 8 hours

forgot to add i closed my long
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Be hopeful in a winning position, and fearful in a losing position.
  • #706,022
  • Oct 11, 2012 10:10am Oct 11, 2012 10:10am
Quoting Smokeymar
Are you implying that because it’s hard to trade the NY session, they must not know how to trade? That doesn’t really make sense to me. If anything, it’s probably the other way around. Seasoned institutional traders are better at hiding what they are doing. Just my 2c.
Also as I said before, any decent retailer would run circles around ANY "institutional" trader because we have everything stacked up against us.. So, the ones who make it, have to figure out what they are "hiding" otherwise we're toast. Don't hold them too high.. I actually have no respect for them..besides they lose money too..
  • #706,023
  • Oct 11, 2012 10:11am Oct 11, 2012 10:11am
Quoting Smokeymar
Are you implying that because it’s hard to trade the NY session, they must not know how to trade? That doesn’t really make sense to me. If anything, it’s probably the other way around. Seasoned institutional traders are better at hiding what they are doing. Just my 2c.
And surtanly didn't say they don't know how to trade.They sure know more then me or most of us how to trade their own market.
  • #706,024
  • Oct 11, 2012 10:15am Oct 11, 2012 10:15am
Quoting attila
Also as I said before, any decent retailer would run circles around ANY "institutional" trader because we have everything stacked up against us.. So, the ones who make it, have to figure out what they are "hiding" otherwise we're toast. Don't hold them too high.. besides they lose money too..

I know and I don't hold them high. I believe the London session easily has the most FX trading volume. So, there will be better movement.
  • #706,025
  • Oct 11, 2012 10:15am Oct 11, 2012 10:15am
These movements make me ashamed to be an American.

On a related note, double bottom at 1.2820, are we finally heading for 1.3480 now? I sure hope so.
  • #706,026
  • Oct 11, 2012 10:17am Oct 11, 2012 10:17am
Quoting Smokeymar
I know and I don't hold them high. I believe the London session easily has the most FX trading volume. So, there will be better movement.
right.. then there's another factor.. during the overlap we have the other assholes (politicians) running their mouth from the both sides of the Atlantic making it for a lot of push and pull.. Pretty bad combination.
  • #706,027
  • Oct 11, 2012 10:17am Oct 11, 2012 10:17am
Quoting $teve
These movements make me ashamed to be an American.
Apparently, I should be ashamed to be NYer.
  • #706,028
  • Oct 11, 2012 10:19am Oct 11, 2012 10:19am
Anyway.. I told you it's gonna sit here for hours until it's done with 35..
  • #706,029
  • Oct 11, 2012 10:19am Oct 11, 2012 10:19am
Quoting attila
yeah, they finger and backtrace each and every pip.
what i also hate is that they draw a stupid trendline, and just climb on it without thinking. like now...
how dumb!
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  • #706,030
  • Oct 11, 2012 10:23am Oct 11, 2012 10:23am
Quoting attila
Anyway.. I told you it's gonna sit here for hours until it's done with 35..
Man, I sound like cloggie.. lol.. Miss that bastard.
  • #706,031
  • Oct 11, 2012 10:24am Oct 11, 2012 10:24am
Quoting Smokeymar
Apparently, I should be ashamed to be NYer.
No, you shouldnt be, it is Just Called NY session but most of the fat fingers from NY trades from London or have an office in London
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #706,032
  • Oct 11, 2012 10:25am Oct 11, 2012 10:25am
Quoting Smokeymar
Apparently, I should be ashamed to be NYer.
I guess i have to aplogize. That sticker message was not talking about people. It ment the SESSION in general.
  • #706,033
  • Oct 11, 2012 10:28am Oct 11, 2012 10:28am
Quoting $teve
These movements make me ashamed to be an American.

On a related note, double bottom at 1.2820, are we finally heading for 1.3480 now? I sure hope so.
those days are gone forever. they call them the "good ol days"
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #706,034
  • Oct 11, 2012 10:29am Oct 11, 2012 10:29am
Calling it now. 1.3485 within 6 weeks. Be back in a month to collect my money.
  • #706,035
  • Oct 11, 2012 10:29am Oct 11, 2012 10:29am
Quoting mok1one
I guess i have to aplogize. That sticker message was not talking about people. It ment the SESSION in general.
same here, the session is crap.
  • #706,036
  • Oct 11, 2012 10:32am Oct 11, 2012 10:32am
well the cappuccino's have worn off and the steak was good. see you next session!!
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #706,037
  • Oct 11, 2012 10:33am Oct 11, 2012 10:33am
Quoting $teve
Calling it now. 1.3485 within 6 weeks. Be back in a month to collect my money.
you'll going to sit through 2642 before 3400.
  • #706,038
  • Oct 11, 2012 10:38am Oct 11, 2012 10:38am
Quoting attila
you'll going to sit through 2642 before 3400.

Sounds like you're talking your book, however I would like to agree with you
  • #706,039
  • Oct 11, 2012 10:40am Oct 11, 2012 10:40am
Quoting attila
you'll going to sit through 2642 before 3400.
agree on that. QE3 been in for a month. still sitting below 1.30... with a desperate second attempt at 1.3040.

People may play the safe haven card, as IMF pointed out slower global growth and middle east is getting hotter.... adding on top of that China's slowest growth for the last 13 years
  • #706,040
  • Oct 11, 2012 10:42am Oct 11, 2012 10:42am
Quoting wiseambition
Sounds like you're talking your book, however I would like to agree with you
I find it hard to believe the weekly chart has the strength to go through that clusterfuck to the left with signs of weakness already..
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