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Walk the Talk from a fun loving discretionary trader 46 replies

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  • #38,561
  • Oct 30, 2012 9:38am Oct 30, 2012 9:38am
Quoting dswk
on yurrow..@ 60 Yes i was but stopped @BE... look like 1.3000 is on the path now.... i will wait for a clear signal to short it.
Descents shorts are reported to 2990/1.3000 zone... I will take my chance there.
......Good but now because smikester was chopping wood, we lost the signal if I knew that that was the february low I would of short there, lol......
The Chonchy
  • #38,562
  • Oct 30, 2012 9:43am Oct 30, 2012 9:43am
Quoting smikester
Sorry to take so long to answer. I was outside, chopping wood. Yes. 1.2973, the February low. There's a fib line there as well.

Attachment
.....so why your curves are diferent than ours.....

.....But when I place an equidistant channel over mine, I see that smikester's are correct, because mine don't overlap the equidistant chanel and smikester's those.....and in effect it did hit smikester's and not mine, so smikester winn this match......but why he didn't make this observation before, shy?, he was being mean? perhaps I will call scotland yard to investigate........

http://www.forexfactory.com/attachme...1&d=1351607498

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The Chonchy
  • #38,563
  • Oct 30, 2012 10:06am Oct 30, 2012 10:06am
12 Traders Viewing This Thread (4 are members) smikesterhttp://images.forexfactory.net/misc/10+kt.gif, dswkhttp://images.forexfactory.net/misc/10kt.gif, chonchyhttp://images.forexfactory.net/misc/10+kt.gif


Hi Buddy,

Look at you guys , all heavy weight, People dare not post anything la.

How your place, was it effected by the storm..... kept safe....

ww
  • #38,564
  • Oct 30, 2012 10:10am Oct 30, 2012 10:10am
.......So I fixed the trend line now acording to Sir. Smikester's curves expiriences, wish are plenty, so I have being told, and is telling me that we are going to retest it, so lets see what happens after......


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The Chonchy
  • #38,565
  • Oct 30, 2012 10:11am Oct 30, 2012 10:11am
Quoting WinwinFx
12 Traders Viewing This Thread (4 are members) smikesterhttp://images.forexfactory.net/misc/10+kt.gif, dswkhttp://images.forexfactory.net/misc/10kt.gif, chonchyhttp://images.forexfactory.net/misc/10+kt.gif


Hi...
Hi WinWinFX, this is a open discussion place.
Your are welcomed to share your ideas there, like everyone btw...

Do not hesitate to post.

Regards.
  • #38,566
  • Oct 30, 2012 10:13am Oct 30, 2012 10:13am
Quoting WinwinFx
12 Traders Viewing This Thread (4 are members) smikesterhttp://images.forexfactory.net/misc/10+kt.gif, dswkhttp://images.forexfactory.net/misc/10kt.gif, chonchyhttp://images.forexfactory.net/misc/10+kt.gif


Hi...
....Post a pic of your charts, you will see how many members will come fast..........or a girl friend in bikini, that will bring a lot of trafic into the thread, but we also like it with only two or tree good members than full of no so good members, but you are wellcome to help with the marketing, if we get to fourth members watching the thread we get a price..........
The Chonchy
  • #38,567
  • Oct 30, 2012 10:13am Oct 30, 2012 10:13am
Quoting chonchy
.......So I fixed the trend line now acording to Sir. Smikester's curves expiriences, wish are plenty, so I have being told, and is telling me that we are going to retest it, so lets see what happens after......


Attachment
For Me Carlos, real demand emerge around 1.2990 / 1.3000... So i will wait there.

But of course it's never a bad idea to fight and find a entry point on TL...
  • #38,568
  • Oct 30, 2012 10:15am Oct 30, 2012 10:15am
.......And so we broke up........3022 here we come, good call prashant7, good call in deed buddy......

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The Chonchy
  • #38,569
  • Oct 30, 2012 10:16am Oct 30, 2012 10:16am
Quoting dswk
For Me Carlos, real demand emerge around 1.2990 / 1.3000... So i will wait there.

But of course it's never a bad idea to fight and find a entry point on TL...
.......roger that Sir.dswk, roger that, loud and clear.......
The Chonchy
  • #38,570
  • Oct 30, 2012 10:16am Oct 30, 2012 10:16am
Quoting chonchy
....Post a pic of your charts, you will see how many members will come fast..........or a girl friend in bikini, that will bring a lot of trafic into the thread, but we also like it with only two or tree good members than full of no so good members, but you are wellcome to help with the marketing, if we get to fourth members watching the thread we get a price..........


Btw the usdcad chart now : moving slowly but surely...
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  • #38,571
  • Oct 30, 2012 10:17am Oct 30, 2012 10:17am
I win the prize !!!
Don't be smart. Be rich.
  • #38,572
  • Oct 30, 2012 10:18am Oct 30, 2012 10:18am
Quoting dswk
Hi WinWinFX, this is a open discussion place.
Your are welcomed to share your ideas there, like everyone btw...

Do not hesitate to post.

Regards.
The Chonchy
  • #38,573
  • Oct 30, 2012 10:21am Oct 30, 2012 10:21am
Quoting maximinus
I win the prize !!!
Dammit. I didn't even know there was a prize. What did you win?
Gone to a better place
  • #38,574
  • Oct 30, 2012 10:22am Oct 30, 2012 10:22am
Interesting article.

Does the 'RORO' Trade Still Make Sense?
Published: Tuesday, 30 Oct 2012 | 9:24 AM
By: Kelley Holland
Currency Blogger, CNBC.com

Risk on-risk off trades have been all the rage in currency markets, but this strategist says the fiscal cliff may change that.

Ever since the financial crisis, currency markets have been more or less trading on the ups and downs in investors' risk appetite - also known as risk on-risk off, or RORO. David Bloom, global head of FX strategy at HSBC, thinks the pattern may not last.

The problem, Bloom says, is the fiscal cliff. Right now, the dollar [.DXY 79.83 -0.40 (-0.49%) ] is seen as the ultimate safe-haven currency, the go-to currency play when risk appetite is low. But even if the fiscal cliff - a wave of spending cuts and tax hikes due to be implemented at the end of the year - would tamp down risk appetite, it's hard to see how that would goose the greenback.

"In any rational world, a US-specific crisis would be bad news for the USD," Bloom wrote in a note to clients. "However, people are now wedded to the view that bad news = buy USD. The cognitive dissonance generated by the US-specific nature of the fiscal cliff is likely to lead people to simply buy the USD as usual – at least as a knee-jerk reaction. Clearly we think that this would a misguided reaction to the news."

That doesn't mean you should just sell the dollar as the fiscal cliff approaches, though.

Bloom points out that this "buy on bad news" approach can be powerful. When Standard & Poor's downgraded U.S. sovereign debt, the dollar actually rose.

"The US was downgraded because S&P felt that US debt was no longer of a high enough standard to meet their once-highly-regarded AAA standard. Yet, in reaction to the news, the USD strengthened and Treasuries were aggressively bid up. In other words, the US downgrade saw the market actually buy the exact assets it was worried about," he says.

In the case of the fiscal cliff, Bloom says, cognitive dissonance will likely prevail again: "We have no doubt that a “risk-off” situation driven by the fiscal cliff will see the market buying the USD. One would have to be either brave or foolish to stand in front of this dissonant train."

But once the dollar rises in that scenario, Bloom says, start selling.

"Eventually the market will be unable to cling to this bizarre view and the USD will have to fall back down again."

Get ready.
  • #38,575
  • Oct 30, 2012 10:22am Oct 30, 2012 10:22am
Quoting maximinus
I win the prize !!!
......wellcome to to the thread maximinus, if you post here regurarly i will give you more prises, we are looking for posters so the other posters that come can see a llot of members in the bothom and post their posts and charts and this can be a big happy family of posters, we need it maximinus, help us..........:nerd:
The Chonchy
  • #38,576
  • Oct 30, 2012 10:24am Oct 30, 2012 10:24am
Quoting smikester
Dammit. I didn't even know there was a prize. What did you win?

we are giving a prize to any body that raise the member watching this thread from tree to fourth members, because WW is upset that we are old timers and can only bring tree members at a time........shame on you members......

Originally Posted by WinwinFx http://images.forexfactory.net/buttons/viewpost.gif
12 Traders Viewing This Thread (4 are members) smikesterhttp://images.forexfactory.net/misc/10+kt.gif, dswkhttp://images.forexfactory.net/misc/10kt.gif, chonchyhttp://images.forexfactory.net/misc/10+kt.gif


Hi...
The Chonchy
  • #38,577
  • Oct 30, 2012 10:24am Oct 30, 2012 10:24am
Is it safe yet or should i stay in bunker..
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  • #38,578
  • Oct 30, 2012 10:29am Oct 30, 2012 10:29am
Quoting smikester
Dammit. I didn't even know there was a prize. What did you win?
A beautiful lady of course
Don't be smart. Be rich.
  • #38,579
  • Oct 30, 2012 10:29am Oct 30, 2012 10:29am
Quoting ingmarforex
Is it safe yet or should i stay in bunker..
Soon...
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  • #38,580
  • Oct 30, 2012 10:30am Oct 30, 2012 10:30am
Quoting chonchy
......wellcome to to the thread maximinus, if you post here regurarly i will give you more prises, we are looking for posters so the other posters that come can see a llot of members in the bothom and post their posts and charts and this can be a big happy family of posters, we need it maximinus, help us..........:nerd:
You see how many people I bring you with one post
Attached Image
Don't be smart. Be rich.
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