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EURUSD

  • #775,301
  • Mar 20, 2013 11:00am Mar 20, 2013 11:00am
fake move down!
  • #775,302
  • Mar 20, 2013 11:01am Mar 20, 2013 11:01am
lg @ 61
Trade smaller than rational because the market is irrational...
  • #775,303
  • Mar 20, 2013 11:02am Mar 20, 2013 11:02am
Quoting EuroTraderJD
lg @ 61
lovely
  • #775,304
  • Mar 20, 2013 11:03am Mar 20, 2013 11:03am
fake moves ... no real action
Make choices and don't look back !
  • #775,305
  • Mar 20, 2013 11:04am Mar 20, 2013 11:04am
keeping longs...
The market was bullish, turned bearish, and you'are brokish!!!
  • #775,306
  • Mar 20, 2013 11:04am Mar 20, 2013 11:04am
I think that spike just took out some stops!!
  • #775,307
  • Mar 20, 2013 11:04am Mar 20, 2013 11:04am
no reaction in equity
Mohan
  • #775,308
  • Mar 20, 2013 11:05am Mar 20, 2013 11:05am
to 1.3
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdm301.png Size: 47 KB
The market was bullish, turned bearish, and you'are brokish!!!
  • #775,309
  • Mar 20, 2013 11:05am Mar 20, 2013 11:05am
took a short @ 1.2970

now to see if it holds up
Attached Image (click to enlarge)
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  • #775,310
  • Mar 20, 2013 11:05am Mar 20, 2013 11:05am
Could not be a better FOMC statement. No new information.
"You're solid gold, see you in hell"
  • #775,311
  • Mar 20, 2013 11:06am Mar 20, 2013 11:06am
DISCO!

Can't think right now!
  • #775,312
  • Mar 20, 2013 11:07am Mar 20, 2013 11:07am
Quoting MaxDoom
took a short @ 1.2970

now to see if it holds up
I'm with u from 5 pips lower(1.2965).. let's see // how it goes 40min later..
  • #775,313
  • Mar 20, 2013 11:08am Mar 20, 2013 11:08am
Last little for the day.Same short as before 3 BE and 1 lost trade so far for the day.

THIS IS MADNESS.....

Inserted Video
We miss 100% of the shots we don't take
  • #775,314
  • Mar 20, 2013 11:09am Mar 20, 2013 11:09am
Now we make some pips! Down we go! Hopefully!
  • #775,315
  • Mar 20, 2013 11:09am Mar 20, 2013 11:09am
29320 long

sl 15
  • #775,316
  • Mar 20, 2013 11:10am Mar 20, 2013 11:10am
The run for stops above weekly was just beautiful
swing it!
  • #775,317
  • Mar 20, 2013 11:12am Mar 20, 2013 11:12am
Well that's not much of a reaction, I'm long from 42
  • #775,318
  • Mar 20, 2013 11:13am Mar 20, 2013 11:13am
Quoting msetai
29320 long

sl 15
out +25
  • #775,319
  • Mar 20, 2013 11:14am Mar 20, 2013 11:14am
Quoting MaxDoom
took a short @ 1.2970

now to see if it holds up
closed +27
  • #775,320
  • Mar 20, 2013 11:14am Mar 20, 2013 11:14am
http://www.zerohedge.com/sites/defau.../picture-5.jpg
No Surprises From FOMC - Statement Redline Comparison

Submitted by Tyler Durden on 03/20/2013 - 14:02 As expected, Bernanke and his pals decided moar is betterer and keep the monetary policy foot to the floor even as they suggest things are getting better but not better enough.

 

  1. *FED SEES ECONOMY RETURNING TO MODERATE GROWTH AFTER Q4 PAUSE
  2. *FED CONTINUES TO SEE DOWNSIDE RISKS TO ECONOMIC OUTLOOK
  3. *FED MAINTAINS $85 BILLION MONTHLY PACE OF BOND BUYING
  4. *FED SAYS FISCAL POLICY HAS BECOME SOMEWHAT MORE RESTRICTIVE

So everything is moving forward; Politicians are still idiots but don't worry we won't stop...
Though the schizophrenia remains as they cut growth for 2013 ( 2.3%-2.8% vs 2.3%-3.0%) but lowered unemployment for 2013 (7.3%-7.5% vs 7.4%-7.7%).
Pre: 10Y 1.94%, ES 1550, Gold $1606, WTI $92.70, EUR 1.2950

Trade smaller than rational because the market is irrational...
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