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  • #737,661
  • Dec 21, 2012 5:45am Dec 21, 2012 5:45am
Quoting Lagani
and what about the fiscal cliff, how would that affect the price? In my opinion, either way it will be bad for the USD, but thats just me.
Or think of it this way,

sell-off in equities and stock markets, flow into USD.
Even the worst trade can close with profit. Just give it time.
  • #737,662
  • Dec 21, 2012 5:45am Dec 21, 2012 5:45am
Untill 10:00 am bulls may try one more time... Adjust your leverage and keep trading if you feel like it. It will get choppy IMHO.
  • #737,663
  • Dec 21, 2012 5:47am Dec 21, 2012 5:47am
Quoting John Gray
Or think of it this way,

sell-off in equities and stock markets, flow into USD.
But wouldn't that be on the sidelines considering all the pressure?
  • #737,664
  • Dec 21, 2012 5:48am Dec 21, 2012 5:48am
Quoting cat
Okay, it might turn out to be a good call provided the sl was 12 pips or more. I certainly hope it was as I'm long from 95 having seen it come back from 231, unusual for me, as I didn't think it would retrace as much as it has done. No probs, we all learn from each other.
That is the whole idea of the thread for me. Sharing honest information. I am here for no other reason than learning... Good luck on that long, I have been in and out since morning and so far so good. I try to be extra careful as this is my last trading day for the year not to mess up with my year-to-date profits looll...
  • #737,665
  • Dec 21, 2012 5:54am Dec 21, 2012 5:54am
Quoting Lagani
But wouldn't that be on the sidelines considering all the pressure?
Bad news = money flowing out of investments and into $$
Want the lifestyle of the top traders in the world? TAKE RISK.
  • #737,666
  • Dec 21, 2012 5:58am Dec 21, 2012 5:58am
Quoting BobGnarly
Bad news = money flowing out of investments and into $$
Working for the Fed...???
  • #737,667
  • Dec 21, 2012 6:00am Dec 21, 2012 6:00am
Quoting math_GB
Working for the Fed...???
Not allowed to say
Want the lifestyle of the top traders in the world? TAKE RISK.
  • #737,668
  • Dec 21, 2012 6:00am Dec 21, 2012 6:00am
Quoting math_GB
That is the whole idea of the thread for me. Sharing honest information. I am here for no other reason than learning... Good luck on that long, I have been in and out since morning and so far so good. I try to be extra careful as this is my last trading day for the year not to mess up with my year-to-date profits looll...
Know how you feel, I think we are all hoping to end up on a positive note to whirl us into the Christmas festivities, but with pa like this, our work is most definitely cut out
  • #737,669
  • Dec 21, 2012 6:02am Dec 21, 2012 6:02am
I took a short last night at 1.3199 and It got within a pip of my SL

TP is still 1.3152
Want the lifestyle of the top traders in the world? TAKE RISK.
  • #737,670
  • Dec 21, 2012 6:02am Dec 21, 2012 6:02am
I would definitely advise people to stay out of any trade at the moment, I bet we will see some of the most BS moves ever today due to this fiscal cliff noise. I'm out of all trades
  • #737,671
  • Dec 21, 2012 6:04am Dec 21, 2012 6:04am
Quoting cat
Know how you feel, I think we are all hoping to end up on a positive note to whirl us into the Christmas festivities, but with pa like this, our work is most definitely cut out
It is FRY-DAY mate...! Usual on top of all the fiscal dings bums. In between, I hope you realised the importance of 1.3208, your longs are still lucky for not breaking 1.3184 yet... But attention is clearly necessary. still no longs or shorts for me yet... Sidelines is good...
  • #737,672
  • Dec 21, 2012 6:04am Dec 21, 2012 6:04am
Quoting BobGnarly
I took a short last night at 1.3199 and It got within a pip of my SL

TP is still 1.3152
under 13195 there is naaathing till 3100

well, if they can beat a close over 13195 of course..for now doesnt loook as if yes. range makes wonders for accccccc
  • #737,673
  • Dec 21, 2012 6:05am Dec 21, 2012 6:05am
Quoting math_GB
It is FRY-DAY mate...! Usual on top of all the fiscal dings bums. In between, I hope you realised the importance of 1.3208, your longs are still lucky for not breaking 1.3184 yet... But attention is clearly necessary. still no longs or shorts for me yet... Sidelines is good...

buy every dip
  • #737,674
  • Dec 21, 2012 6:05am Dec 21, 2012 6:05am
Quoting 21vs7
buy every dip
tight pigz but heavy fat bastards
  • #737,675
  • Dec 21, 2012 6:07am Dec 21, 2012 6:07am
morning everyone well isee euro still in the cosolidation . i thought that i ll get up on a major move as everyone here was that exited to say the least lol aud/usd has gone down and there is still a bit more to finish the first leg at my support trend line and it seems that my resistance line was the correct one and wolfy turned out to be a pussy cat
  • #737,676
  • Dec 21, 2012 6:07am Dec 21, 2012 6:07am
Quoting 21vs7
buy every dip
I want to trade in the market not in the butcher's...
  • #737,677
  • Dec 21, 2012 6:07am Dec 21, 2012 6:07am
Quoting math_GB
I want to trade in the market not in the butcher's...
  • #737,678
  • Dec 21, 2012 6:08am Dec 21, 2012 6:08am
Nice ranging between ~1.3192 and ~1.3225.
Bear the bull's consequence...
  • #737,679
  • Dec 21, 2012 6:08am Dec 21, 2012 6:08am
Quoting math_GB
Working for the Fed...???
lol, nice try. Nah, i am just trying to understand fundamentals, have a lot more to learn
  • #737,680
  • Dec 21, 2012 6:08am Dec 21, 2012 6:08am
Stopped out at 96 BE, then it bounces! That's forex for you. Gave 35 pips back , which judging by the pa, is a bit naughty. I'm out for now.
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