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  • #752,141
  • Jan 30, 2013 9:59am Jan 30, 2013 9:59am
60, 30 and 15min all at the top of their respective ranges.

2 options,

Spike upside or sell-off.
They think they are smarter than I am.
  • #752,142
  • Jan 30, 2013 10:01am Jan 30, 2013 10:01am
Quoting Chartenger
Maybe this is a noob question, how do you hear the exporters complain about the currency?
If you have a high exchange rate, say NZD which apparently needs to be at 75c against the USD

When you sell something abroad you receive 10NZD payment for your product,

If the NZD gets stronger, overseas purchasers need MORE of their foreign currency to purchase the same good. because $10NZD now costs them $8USD instead of $7.50USD for example.
Even the worst trade can close with profit. Just give it time.
  • #752,143
  • Jan 30, 2013 10:02am Jan 30, 2013 10:02am
Quoting Z3iz3i
60, 30 and 15min all at the top of their respective ranges.

2 options,

Spike upside or sell-off.
Hey buddy,

even if their was a sell-off, would you expect market to break back below 1.35?

I believe there isn't enough time before NY closes even though FOMC is near
Even the worst trade can close with profit. Just give it time.
  • #752,144
  • Jan 30, 2013 10:04am Jan 30, 2013 10:04am
Quoting Jay Walker
Smells like PIIGS austerity.
Where have you been? I love your portfolio too.
  • #752,145
  • Jan 30, 2013 10:08am Jan 30, 2013 10:08am
Quoting Z3iz3i
60, 30 and 15min all at the top of their respective ranges.

2 options,

Spike upside or sell-off.
I think exactly the same way as you.

Spike upside......
Attached Image (click to enlarge)
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  • #752,146
  • Jan 30, 2013 10:11am Jan 30, 2013 10:11am
Quoting John Gray
Hey buddy,

even if their was a sell-off, would you expect market to break back below 1.35?

I believe there isn't enough time before NY closes even though FOMC is near
No way below 1.35 without FOMC but that is another story.

Closest supports are 53, 29.

But it can stay at the top until FOMC, then dip down and spike through above. Or vice versa.
They think they are smarter than I am.
  • #752,147
  • Jan 30, 2013 10:32am Jan 30, 2013 10:32am
Quoting Ken A
Where have you been? I love your portfolio too.
I never left. Just been more quiet.

Long story short, I have my fingers in two start ups, discussing a potential brokerage agreement with another and a full time sales job.

It's no wonder I prefer longer time frames. Just no time to babysit trades.
Not all sins are created equal
  • #752,148
  • Jan 30, 2013 10:34am Jan 30, 2013 10:34am
Buy on dips 1.4 is the long tem target
  • #752,149
  • Jan 30, 2013 10:37am Jan 30, 2013 10:37am
Quoting Jay Walker
I never left. Just been more quiet.

Long story short, I have my fingers in two start ups, discussing a potential brokerage agreement with another and a full time sales job.

It's no wonder I prefer longer time frames. Just no time to babysit trades.
I've been offered a full-time sales job for a broker as well..

I'd go with the other two
Even the worst trade can close with profit. Just give it time.
  • #752,150
  • Jan 30, 2013 10:42am Jan 30, 2013 10:42am
Quoting John Gray
I've been offered a full-time sales job for a broker as well..

I'd go with the other two
I'm being misquoted. My daytime job is in selling advertising.

The deal I'm acting as a broker for is not trading related.
Not all sins are created equal
  • #752,151
  • Jan 30, 2013 10:43am Jan 30, 2013 10:43am
or this scenario

Trendline broken ???
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  • #752,152
  • Jan 30, 2013 10:55am Jan 30, 2013 10:55am
the target i have for the bullish move is 1.366 before we see a deep correction only to resume after that to much higher levels
  • #752,153
  • Jan 30, 2013 10:59am Jan 30, 2013 10:59am
Good evening guys!! little over 15 mins to see 3600's i hope, i have some biz at 3634 or BE at 3521 fingers crossed
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #752,154
  • Jan 30, 2013 11:00am Jan 30, 2013 11:00am
fed news soon
those who can, do. those who cant, talk about those who can
  • #752,155
  • Jan 30, 2013 11:02am Jan 30, 2013 11:02am
all set for the big event?

  • #752,156
  • Jan 30, 2013 11:04am Jan 30, 2013 11:04am
Quoting MaxDoom
all set for the big event?

Probably the biggest in an year Mr Doom
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #752,157
  • Jan 30, 2013 11:05am Jan 30, 2013 11:05am
Quoting MaxDoom
all set for the big event?

maybe, maybe not. is it priced in?
those who can, do. those who cant, talk about those who can
  • #752,158
  • Jan 30, 2013 11:08am Jan 30, 2013 11:08am
FOMC announcement today will equal one big (((((( Yawn ))))))).
Time turns trend. - W.D. Gann
  • #752,159
  • Jan 30, 2013 11:10am Jan 30, 2013 11:10am
Quoting gatorinla
fed news soon
a pop into 1.36
  • #752,160
  • Jan 30, 2013 11:10am Jan 30, 2013 11:10am
Quoting Avir
Probably the biggest in an year Mr Doom
To add to that... we had the GDP earlier and the FOMC and the rates coming up just b4 the month end and just at a crucial junction $SPX is in Steroid as the EURUSD all eyes on these two, tonight probably will be a decider,,,, is it 1.40ish or 1.30ish?
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
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