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EURUSD

  • #770,481
  • Mar 12, 2013 12:17pm Mar 12, 2013 12:17pm
taking a short here, looking to tp around todays low
  • #770,482
  • Mar 12, 2013 12:22pm Mar 12, 2013 12:22pm
Quoting godrich
taking a short here, looking to tp around todays low
Hey mate...! PA just left for the day, unless you have a clear plan, why do you want top open a position now...?
  • #770,483
  • Mar 12, 2013 12:26pm Mar 12, 2013 12:26pm
Quoting math_GB
Hey mate...! PA just left for the day, unless you have a clear plan, why do you want top open a position now...?
thats how i roll mgb !!!!
  • #770,484
  • Mar 12, 2013 12:27pm Mar 12, 2013 12:27pm
Quoting bennyblanco
This is what you get after a over done sell off like Friday, 2 days of consolidation tedium.
Dont knock it. Paradise for those who work to a short term pendulum method. Lots of pips gained since Friday PM
  • #770,485
  • Mar 12, 2013 12:28pm Mar 12, 2013 12:28pm
Quoting godrich
thats how i roll mgb !!!!
Good luck then champ...!
  • #770,486
  • Mar 12, 2013 12:29pm Mar 12, 2013 12:29pm
Our best and brightest economists have very little understanding of economics. So EURUSD can go up, down, left, or right or even cease to exist.
  • #770,487
  • Mar 12, 2013 12:45pm Mar 12, 2013 12:45pm
Hi,

Euro hit take profit several minutes ago at 1.3015.
Profit is 59 pip.

What a nice day

Analyst





Quoting fx-analyst
As Euro moved 30 pip in my direction, I moved stop down to 1.3118
Attached Image (click to enlarge)
Click to Enlarge Name: EuroShort_profit-take59pip_March12.jpg Size: 110 KB
  • #770,488
  • Mar 12, 2013 12:46pm Mar 12, 2013 12:46pm
This thing is going down or I will jump out of the window.
  • #770,489
  • Mar 12, 2013 12:49pm Mar 12, 2013 12:49pm
Quoting IngmarMattus
Our best and brightest economists have very little understanding of economics. So EURUSD can go up, down, left, or right or even cease to exist.
  • #770,490
  • Mar 12, 2013 12:53pm Mar 12, 2013 12:53pm
Quoting fx-analyst
Hi,

Euro hit take profit several minutes ago at 1.3015.
Profit is 59 pip.
What a nice day
Analyst
You're the man...
I am so fckg tired trading today, I was twice bull, twice bear, and now going to Tesco to get some red-bull and beer!
Read Charts - Not Papers
  • #770,491
  • Mar 12, 2013 1:17pm Mar 12, 2013 1:17pm
Look at the live BB on the 15min if this holds it will act as a base if it drops we will see 3000 again, so keep an eye on your 15min as well all. Good trading my friends!!
Attached Image (click to enlarge)
Click to Enlarge Name: 15min2.png Size: 74 KB
  • #770,492
  • Mar 12, 2013 2:09pm Mar 12, 2013 2:09pm
Quoting Bocephus
Look at the live BB on the 15min if this holds it will act as a base if it drops we will see 3000 again, so keep an eye on your 15min as well all. Good trading my friends!!
I`m short at @3029 and looking the same m15 chart and same TP but I think it can go to @2985 before go up again...
  • #770,493
  • Mar 12, 2013 2:14pm Mar 12, 2013 2:14pm
Every month we have at least one move to crush the pigs so that market makers can close the month in profit. I have a feeling that this month it could be a move higher with all the mumbo-jambo about US "recovery" while 25% of the nation is on food stamps. Correct me if I am wrong but even Soviet Union did not have so many people on food stamps.
  • #770,494
  • Mar 12, 2013 2:16pm Mar 12, 2013 2:16pm
Someone hand me a spoon, I have people to kill!
  • #770,495
  • Mar 12, 2013 2:20pm Mar 12, 2013 2:20pm
You start making a little money and you will be regarded by your bank as a client with toxic flow. Gives a whole new meaning to the term "investing". You are a good investor to the bank if you lose a lot of money.
  • #770,496
  • Mar 12, 2013 2:24pm Mar 12, 2013 2:24pm
Quoting TuttiDFrutti
Every month we have at least one move to crush the pigs so that market makers can close the month in profit. I have a feeling that this month it could be a move higher with all the mumbo-jambo about US "recovery" while 25% of the nation is on food stamps. Correct me if I am wrong but even Soviet Union did not have so many people on food stamps.
Correct me if I am wrong, the Soviet Union was short for Union for Soviet Socialist Republics and was a communist empire. Everyone lived in poverty and many still do. They probably could have used those food stamps during the horrible famine. I'd be suprised if you could name a past or current communist nation where the general population was well off.
When the facts change I change my mind, what do you do sir
  • #770,497
  • Mar 12, 2013 2:24pm Mar 12, 2013 2:24pm
I just realized that there is a good chance that I am an idiot. I have wasted 15 years on looking at the charts and making trading decision with a face like a know something. Had I bought AUDUSD in 2000 and slept the whole time I would be a f666ing player now.
  • #770,498
  • Mar 12, 2013 2:35pm Mar 12, 2013 2:35pm
Quoting Pip Anon
Correct me if I am wrong, the Soviet Union was short for Union for Soviet Socialist Republics and was a communist empire. Everyone lived in poverty and many still do. They probably could have used those food stamps during the horrible famine. I'd be suprised if you could name a past or current communist nation where the general population was well off.
Everything is just pointless as Solomon said. But I do agree that some republics had extreme poverty. But when reading the latest piece from Dylan Grice then I do have a feeling that the whole world will soon have their own experience with extreme poverty and dysfunctional societies thanks to the central planners who have never had a real job in their lives. Anyway, as I said my own mumbo-jambo is pointless as well. So let's all just carry on.
  • #770,499
  • Mar 12, 2013 2:36pm Mar 12, 2013 2:36pm
Quoting TuttiDFrutti
Every month we have at least one move to crush the pigs so that market makers can close the month in profit. I have a feeling that this month it could be a move higher with all the mumbo-jambo about US "recovery" while 25% of the nation is on food stamps. Correct me if I am wrong but even Soviet Union did not have so many people on food stamps.
You are looking at it all wrong... And yes you are wrong... Financial markets have absolutely nothing to do with "how many people are on food stamps". In fact if nation can look after its citizens, this shows the strength not weakness. But again, as I said before financial markets have nothing to do with what you are saying.

Look at "Corporate America"... You can discuss the effects of cheap money policy and all this QE bullshit effect but returns of corporate America has never been any better than what it is now.

And last point is, it feels kinda insulting how you put it and silly. US is the one and only super power that is left in the world and whatever the economic conditions are, this doesn't change this fact. I can give you tens of reasons why US is/will stay as the only super power - God knows how long - but just look at the impact of US economic slowdown on the whole world economy. The whole world is a better place when US economy is in shape...
  • #770,500
  • Mar 12, 2013 2:38pm Mar 12, 2013 2:38pm
Quoting Pip Anon
Correct me if I am wrong, the Soviet Union was short for Union for Soviet Socialist Republics and was a communist empire. Everyone lived in poverty and many still do. They probably could have used those food stamps during the horrible famine. I'd be suprised if you could name a past or current communist nation where the general population was well off.
They sold food stamps worth $100 back to the government and companies for $1 a pop...so the main problem was a lack of education

Technically communism works IF it is managed correctly...which would require leaders not to be corrupt. Chances of that ever happening (in a communist or non-communist regime) are pretty much zero. The difference is, in a capitalist system you can at least fight back as an individual...in a communist one you're royally screwed if your leaders are corrupt (and let's face it, they all are).

The revolving door between Wall Street (and pretty much every other industry) and congress isn't much better tbh...

"In theory" a lot of systems work...in reality many don't. Capitalism (and free market) isn't much better because it only really works if market participants act rationally, which will happen when pigs learn to fly
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