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  • #778,421
  • Mar 26, 2013 8:41am Mar 26, 2013 8:41am
Quoting Ken A
Climb up to 1.2790 ?

It may be more than likely, especially technically, but the euro may now be silently and schemingly defended more than ever, now that the Cyprus Circus has become a precedence and an eye opener to other countries that may very well be affected by the domino effect in the loss of banking confidence euro wide. No other bank wants to follow suit in such a fiasco and have already started lobbying for more publicily plausible alternatives to such horrible stick ups. Bank runs will still be running but barriers are in the works.

Well, yeah, resting and scheming.
  • #778,422
  • Mar 26, 2013 8:43am Mar 26, 2013 8:43am
Quoting Fortunecry
It may be more than likely, especially technically, but the euro may now be silently and schemingly defended more than ever, now that the Cyprus Circus has become a precedence and an eye opener to other countries that may very well be affected by the domino effect in the loss of banking confidence euro wide. No other bank wants to follow suit in such a fiasco and have already started lobbying for more publicily plausible alternatives to such horrible stick ups. Bank runs will still be running but barriers are in the works.

Well,...
The one with deepest pocket rules
  • #778,423
  • Mar 26, 2013 8:43am Mar 26, 2013 8:43am
Quoting Ken A
Ranging market play the range Tom
I am seriously going to fly to US just to kill you Ken . Please kindly accept the fact that I am slow. I simply cant trade intraday. I know all technical indicators very well, actually I am quite good in statistics, but that is why I simply dont do that. Imho statistics (technical analysis) work untill they dont. One fundamental wave tears all technical analysis apart, as happened in 2008. Maybe when I trade for 10 more years and "know it all", I can become intraday trader. Btw, first thing I would do, if I planned to play intraday, is to pay 2K USD per month for Bloomberg data feed. Still aint that far.

T
"I know one thing, that I know nothing." Sokrates
  • #778,424
  • Mar 26, 2013 8:44am Mar 26, 2013 8:44am
Quoting cat
Don't feel too bad, today was a very difficult day, and definitely not a day to be leaving trades open and leaving the computer, I threw away 40 pips doing that earlier. Do you really need to have bigger stops with smaller trades, it should be the other way round. Three things you've got to be sure of 1/ know exactly where to put your stop. 2/ Know exactly where to enter the trade to the split second . 3/ always set a realistic TP level. And 4/ never give up - most people do. Good luck!
cheers, here's hoping the long weekend clears my head
  • #778,425
  • Mar 26, 2013 8:45am Mar 26, 2013 8:45am
Quoting ec_creep
having a trailing stops on mobile would've been great. tried fxcm which has one, but their servers timezone isn't where I want my candles to be lined up at.

erm, yeah, I feel that, mate.. always uneasy, mistakes we humans do. and being to greedy. enjoy your long weekend then I look forward to seeing you again fresh and fully charged!
thanks and fingers crossed it does
  • #778,426
  • Mar 26, 2013 8:47am Mar 26, 2013 8:47am
what a boring day! please Mr. Dijsselbloem say somehting!... I need a 2790 just to smile!
  • #778,427
  • Mar 26, 2013 8:51am Mar 26, 2013 8:51am
Quoting bennyblanco
thanks and fingers crossed it does
Same here Benny, got complacent after that early Tokyo upsurge last Monday, confident in holding my longs and stayed away from screen and did other things. Gave back 100+ pips that same day, but still ended up with + 15, just because I thought the Cyprus deal would let the Euro recover more ground, then that Cyprus FM came back from Russia empty handed news happened, then more bad news. Bad news, bad timing for my longs I thought would last weeks since I thought it was the start of a new swing trade strategy. Back to scalping LOL!
  • #778,428
  • Mar 26, 2013 8:57am Mar 26, 2013 8:57am
Quoting gatorinla
less reliable.... we are consolidating and a possible bear flag. conflicting info.. the trend is lower..
just under the low is a stop
RAINBOW POST
  • #778,429
  • Mar 26, 2013 8:58am Mar 26, 2013 8:58am
Quoting Tom_D_Trader
I am seriously going to fly to US just to kill you Ken . Please kindly accept the fact that I am slow. I simply cant trade intraday. I know all technical indicators very well, actually I am quite good in statistics, but that is why I simply dont do that. Imho statistics (technical analysis) work untill they dont. One fundamental wave tears all technical analysis apart, as happened in 2008. Maybe when I trade for 10 more years and "know it all", I can become intraday trader. Btw, first thing I would do, if I planned...
But you teach skiing - slow skiing to senior citizens ?

You don't need Bloomberg even for intraday. I stop Thomson Reuters long ago $24K p.a for basic subscription. Listening to Bloomberg TV is good enough. Too many things are visually overwhelming.
  • #778,430
  • Mar 26, 2013 9:04am Mar 26, 2013 9:04am
Quoting 4exNinja
RAINBOW POST
Hey Gator is colorful
  • #778,431
  • Mar 26, 2013 9:04am Mar 26, 2013 9:04am
Quoting Ken A
Hey Gator is colorful
Wasn't a criticism...just an observation
  • #778,432
  • Mar 26, 2013 9:05am Mar 26, 2013 9:05am
lets see...set TP eu @ 2836 and 2823
  • #778,433
  • Mar 26, 2013 9:05am Mar 26, 2013 9:05am
Quoting Ken A
You don't need Bloomberg even for intraday.
No mate, you dont need data feed for intraday.

Regarding snowboarding, well, I am slow in trading, since I need to digest loads of informations, but as every trader I love adrenalin, so in other parts of life, I am pretty fast and agressive. Would love to play agressive trading style, but beast would eat me .
"I know one thing, that I know nothing." Sokrates
  • #778,434
  • Mar 26, 2013 9:06am Mar 26, 2013 9:06am
My outlook on this pair is still bullish longterm but we are now approaching some critical back-breaking points.
FIRST is the 1.2803 which has been very well tested from last year to early this year at 1.2998 on route
to 1.3711.its been tested severally in this bearish correction from 1.3711 at 2954,2910 and 2844 lows.
now if we get there its red flag would appear at 1.2781 or white one at >=1.371 hopefully.
SECOND is 1.2671 which is the Nov 2012 low.it is strong TL with an outstanding truncation on the inside
wave yet to be corrected and a possible confluence with a good TL on the outside bullish major trend.
If we get there the the runaway point would be 1.2650 otherwise a new high.
It is also worthy of nothing that it (2661) could be tested and held at 1.2761 with 10 pips Sl.
  • #778,435
  • Mar 26, 2013 9:08am Mar 26, 2013 9:08am
Quoting 4exNinja
Wasn't a criticism...just an observation
Have you checked his profile?
  • #778,436
  • Mar 26, 2013 9:12am Mar 26, 2013 9:12am
Losing my hope with the longs...
  • #778,437
  • Mar 26, 2013 9:15am Mar 26, 2013 9:15am
Looking to short
Enter Signature
  • #778,438
  • Mar 26, 2013 9:15am Mar 26, 2013 9:15am
2844 long.
looking for investors . pm me
  • #778,439
  • Mar 26, 2013 9:20am Mar 26, 2013 9:20am
Quoting Ken A
Have you checked his profile?
LOL, I have now...didn't know he's a male whore from Zimbabwe...but I'm interested in his "chicken bones" trading strategy. I also want to know where he found a bat (flying dog?) with a boner. So many questions...
  • #778,440
  • Mar 26, 2013 9:22am Mar 26, 2013 9:22am
Quoting 4exNinja
LOL, I have now...didn't know he's a male whore from Zimbabwe...but I'm interested in his "chicken bones" trading strategy. I also want to know where he found a bat (flying dog?) with a boner. So many questions...
That's part of being colorful
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