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  • #772,701
  • Mar 17, 2013 5:36pm Mar 17, 2013 5:36pm
wow, what a surprise.

Inserted Video
those who can, do. those who cant, talk about those who can
  • #772,702
  • Mar 17, 2013 5:38pm Mar 17, 2013 5:38pm
Quoting John Gray
But for different reasons.


I posted that, then realised my mobile app lets me trade an hour earlier than my PC brokerage platform...


Advice, trade what is moving.


EJ and UJ closing gap, EU flat, but shorting it as it isnt climbing... watching 1.29
You do realize price has already broken 2980 and according to you we should see 1.20....
In trading, you have to be defensive and aggressive at the same time
  • #772,703
  • Mar 17, 2013 5:39pm Mar 17, 2013 5:39pm
Quoting SnaveForex
2908 is one bitch level... i want 2874
u dont say
those who can, do. those who cant, talk about those who can
  • #772,704
  • Mar 17, 2013 5:42pm Mar 17, 2013 5:42pm
Quoting Davit
I hope your trading is better then Turkish coffee reading.
https://encrypted-tbn2.gstatic.com/i...IFaIlzEn8zZLOG
60% youth unemployment...my Mad Max vision might not be all that far off
  • #772,705
  • Mar 17, 2013 5:45pm Mar 17, 2013 5:45pm
Price action is kind of ugly for longs, definitely not a strong pullback as I expected. Didn't pull the trigger on it but if I had I'd be looking to exit.
  • #772,706
  • Mar 17, 2013 5:47pm Mar 17, 2013 5:47pm
Quoting gatorinla
they knocked on the door. how often does a support get broken on the first touch? we came from 3710 to 2909.. about 800 pips.. 1/4 of that is 200 pips. 3109 is about 1/4 bounce.. the high is 3106... .. charts are much bigger then a 4h, day or even a week..
Inserted Video
those who can, do. those who cant, talk about those who can
  • #772,707
  • Mar 17, 2013 5:48pm Mar 17, 2013 5:48pm
Quoting math_GB
In Europe, especially in UK, we need foreign investors to keep the property market alive mate. If we start giving the impression that our goverments can steal anyone's asets and funds at will, we will face serious problems here. This is not cool...
Let if f@#king crumble.

Our governments can...and DO steal assets and funds at will.
Not all sins are created equal
  • #772,708
  • Mar 17, 2013 5:49pm Mar 17, 2013 5:49pm
Quoting 4exNinja
60% youth unemployment...my Mad Max vision might not be all that far off
For positive note massive levels of Gas and oil deposits were found around greek Islands including Cyprus.
Study: Greece sitting on natural gas reserves worth $600 billion



not that its relevant now but Euro could survive.
In trading, you have to be defensive and aggressive at the same time
  • #772,709
  • Mar 17, 2013 5:49pm Mar 17, 2013 5:49pm
Quoting AdSCFT
my account was a fixed spread type and the spread should be always 3. according to their terminal the open price was 121.74.
I hate to use absolutes but as far as I'm aware every "fixed spread" place has to be a bucketshop. There's no other way to have a fixed spread.
  • #772,710
  • Mar 17, 2013 5:49pm Mar 17, 2013 5:49pm
Quoting KillerWhale
And believe me. I know how it feels when your money is suddenly gone.
I started Forex in 2005 with $1000 with a broker named Refco.
A few months later Refco went bankrupt because the CEO took out 350 million or so for private use and I believe he is still in prison.
I lost my $1000 and 2 years later I got $200 back from the bankruptcy court.
I remember Refco. I was too green to open an account but I did demo with them.
Not all sins are created equal
  • #772,711
  • Mar 17, 2013 5:49pm Mar 17, 2013 5:49pm
Quoting EpsilonVaz
A lot of people posting that they were glad they had shorts open over the weekend. 5x as many silent out there probably crying or even thinking about suicide because they were long and maybe over leveraged...

This weekend will have destroyed so many accounts and maybe even lives.

Don't risk keeping positions open over the weekend. Especially JPY...
Yep it is make me want to puke,

Holding any high yield trades over weekend when market is so finicky, with major developments in progress, without decent cover is stupid.
Just look couple post,shorts held over yen prs, no cover and near to fridays close, no stoploss (which wouldnt have helped anyway) and have the audacity to post here as being clever trader

Is fuk bs demo dickheadss

BB brit open, enough this shit trade safe
If you are new to Forex? Say Goodbye to your account!!
  • #772,712
  • Mar 17, 2013 5:52pm Mar 17, 2013 5:52pm
Quoting SugarPink
This Cyprus news might even be positive for EURUSD. Negative would be not allowing the theft of the population.
All news that involve austerity and a good awesome forecast of the Troika for the next 10 years of an awesome magical 2% growth starting today, its what positive for markets.

But the truth is.
Growth or No Debt. Choose one Troika
A 171 pips drop and counting. That's positive.
Not all sins are created equal
  • #772,713
  • Mar 17, 2013 5:53pm Mar 17, 2013 5:53pm
Quoting Kanzler
Price action is kind of ugly for longs, definitely not a strong pullback as I expected. Didn't pull the trigger on it but if I had I'd be looking to exit.
oh yes,

I mean come on...

The powers that be in Europe have just announced they believe it is legitimate to steal money from the people. How can this mean anything other than pressing fast forward on the public unrest in Europe. I mean imagine this was in France? The fact it is 'only' Cyprus to me does not make it insignificant, it just shows that in the end we are all lemmings doing what were told.

Stock markets and corporate earnings at record levels while the governments steal from the man on the street and offer in return food stamps, limited welfare and high unemployment and austerity. Lets face it how many wealthy people leave money in the bank in savings accounts anyway? They don't they invest in stocks (unless your a Russian gangster hiding money in Cypriot banks).

Its a joke that will end very badly for everyone. Its Marxist theory on cycles.

The rich get richer until the poor revolt, then they start again sharing wealth more evenly and slowly it begins again.
Money never sleeps...
  • #772,714
  • Mar 17, 2013 5:54pm Mar 17, 2013 5:54pm
Quoting JeremyWS
My reuters terminal -
Feedback, good and bad on this terminal would be appreciated.

You're the first one that talks about this on this forum in...as long as I can remember.

I'm considering that one or Bloomberg's.
Not all sins are created equal
  • #772,715
  • Mar 17, 2013 5:56pm Mar 17, 2013 5:56pm
Quoting inpatient
oh yes,

I mean come on...

The powers that be in Europe have just announced they believe it is legitimate to steal money from the people. How can this mean anything other than pressing fast forward on the public unrest in Europe. I mean imagine this was in France? The fact it is 'only' Cyprus to me does not make it insignificant, it just shows that in the end we are all lemmings doing what were told.

Stock markets and corporate earnings at record levels while the governments steal from the man on the street and offer in return food stamps,...
Or the theory about the Major booms and recessions, while the ones we witness are only deviations from the overall wave...


starts with K from memory.


Kind of similar to Elliot Waves, best way to describe it to this forum!
Even the worst trade can close with profit. Just give it time.
  • #772,716
  • Mar 17, 2013 5:56pm Mar 17, 2013 5:56pm
Hi Kiwi


Quoting stevewalker
hi kiwi

I think we both lookin the same direction
  • #772,717
  • Mar 17, 2013 5:57pm Mar 17, 2013 5:57pm
Quoting Davit
I don't think break of 1.298 will lead to 1.20.Price has lot of obsticules to overcome for that.I don't think tiny irelevent island will drug the Euro that far.We had major issues with Spain ,Portugal and Price reached 1.37 during that period!!
Hah, of course not.


But it is a start.


Always need a starting point. reversal at 1.37 was expected retracement. I believe we are on the road down,


and if anybody remembers my bat pattern, say Kiwi, I think it might just work out
Even the worst trade can close with profit. Just give it time.
  • #772,718
  • Mar 17, 2013 6:00pm Mar 17, 2013 6:00pm
Quoting tomspin
It is about lost confidence, yet once again - size of the island does not matter, storm is brewing up ahead imo.
The stock market and gold should be watched from now on as these will be the best opportunities.
Absolutely correct - confidence. If it were about $$ and cents, we'd all be able to punch some numbers into excel and there'd be no "market".

Think "the straw that broke the camel's back".
  • #772,719
  • Mar 17, 2013 6:01pm Mar 17, 2013 6:01pm
Quoting Jay Walker
Let if f@#king crumble.

Our governments can...and DO steal assets and funds at will.

Surely then it is equally legitimate to steal from major companies. If so many big corps are sitting cash rich right now then they could be next.

Although no wait, that would mean stealing from the rich, that would never work
Money never sleeps...
  • #772,720
  • Mar 17, 2013 6:06pm Mar 17, 2013 6:06pm
Holy crap am I seeing things differently?! Almost 200 pips down?
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