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  • #785,321
  • Apr 9, 2013 12:07pm Apr 9, 2013 12:07pm
its the currency pyramide..usddkk is the first option. And yes. DKK is relatively stable ag EUR, thats why it makes it a "dead" pair. So, USDDKK is really EURUSD inverted shjit
  • #785,322
  • Apr 9, 2013 12:07pm Apr 9, 2013 12:07pm
Quoting Avir
Even the 1M candles moves almost exactly the same way! damn LOL @ KEN {image}
Know your markets, do not go blind. There is a reason they are correlated so tightly--

The Danish Krone (DKK) is officially linked to the Euro within a band of EUR 1 = DKK 7.46038 +/- 2.25% (DKK 7.29252 to 7.62824). Over the last years the band has been a lot closer, typically 7.42 to 7.48 = +/- 0.5%.

Source: http://www.prc.dk/software/pqm30/DK-Euro.htm
  • #785,323
  • Apr 9, 2013 12:09pm Apr 9, 2013 12:09pm
Quoting math_GB
I don't know how you get that 130.11 but weekly R2 is around 131.50s, we are above weekly R1 at the moment...
Thats 50% Retracement from 90.66
Attached Image (click to enlarge)
Click to Enlarge Name: Weekly.jpg Size: 346 KB
  • #785,324
  • Apr 9, 2013 12:09pm Apr 9, 2013 12:09pm
Quoting LeeNoa
maybe kenshin himura more cool for your avatar mr ken
Not maybe but no one is cooler than KEN/USD.

Check the chart in the platform.
  • #785,325
  • Apr 9, 2013 12:12pm Apr 9, 2013 12:12pm
Quoting Ken A
Not maybe but no one is cooler than KEN/USD. Check the chart in the platform.
what its that??
ken = sword
  • #785,326
  • Apr 9, 2013 12:14pm Apr 9, 2013 12:14pm
Quoting 21vs7
its the currency pyramide..usddkk is the first option. And yes. DKK is relatively stable ag EUR, thats why it makes it a "dead" pair. So, USDDKK is really EURUSD inverted shjit
I understood. DKK and EUR are pegged. Like Singapore dollar pegged with Brunei currency.
  • #785,327
  • Apr 9, 2013 12:14pm Apr 9, 2013 12:14pm
I'm short the cripple.. only problem is this..

https://www.tradingview.com/x/0sCgmyHa/
  • #785,328
  • Apr 9, 2013 12:16pm Apr 9, 2013 12:16pm
Bulls are still relentless. Why do you guys talk about short in such a strong uptrend? If 130 is taken, I see EJ going 138 in the long run.
  • #785,329
  • Apr 9, 2013 12:17pm Apr 9, 2013 12:17pm
Quoting $teve
Bulls are still relentless. Why do you guys talk about short in such a strong uptrend? If 130 is taken, I see EJ going 138 in the long run.
Tonight...?
  • #785,330
  • Apr 9, 2013 12:18pm Apr 9, 2013 12:18pm
Continue holding long.. for tp 3180
  • #785,331
  • Apr 9, 2013 12:19pm Apr 9, 2013 12:19pm
Cable trying to break the TOP and $SPX just trying to crack 1570 open, im gonna sit on my hands for a bit
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #785,332
  • Apr 9, 2013 12:19pm Apr 9, 2013 12:19pm
Quoting Fx3423454
Just wanted to let everyone know in case they are not aware. USD/DKK seems to move identically to EUR/USD except it is the inverse. The reasons why it is attractive to me are as follows: 1. It moves hundreds if not thousands of pips more than EUR/USD. 2. The margin requirements are extremely low to trade this pair. 3. The pip spread is surprisingly low considering how many pips is moves on any given hour, day, week, month. Has anyone traded this pair? It seems to have massive potential. I have already bagged 700+ pips since entering short...
Remember the quoted currency id DKK, which currently is about 5,70 times less worth than the USD..
Patience is a virtue...
  • #785,333
  • Apr 9, 2013 12:20pm Apr 9, 2013 12:20pm
Quoting math_GB
Tonight...?
  • #785,334
  • Apr 9, 2013 12:24pm Apr 9, 2013 12:24pm
Quoting hadox
Remember the quoted currency id DKK, which currently is about 5,70 times less worth than the USD..
What if you are Spread betting ??
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #785,335
  • Apr 9, 2013 12:25pm Apr 9, 2013 12:25pm
Quoting hadox
Remember the quoted currency id DKK, which currently is about 5,70 times less worth than the USD..
How about USD/JPY which is 99.9 worth less than USD?
  • #785,336
  • Apr 9, 2013 12:25pm Apr 9, 2013 12:25pm
Quoting Tom_D_Trader
.. there is a slight chance of continuation in, I know it is stupid, but M1 and M5 bullish flag .
Nanoflag break
"I know one thing, that I know nothing." Sokrates
  • #785,337
  • Apr 9, 2013 12:27pm Apr 9, 2013 12:27pm
Quoting attila
I'm short the cripple.. only problem is this.. https://www.tradingview.com/x/0sCgmyHa/
i see your problem, i feel your pain

but one Q: as a trader who uses candles (and etc.), why do you use heikin-ashi view, since it removes normal candle pattern clues?
  • #785,338
  • Apr 9, 2013 12:30pm Apr 9, 2013 12:30pm
Quoting Avir
What if you are Spread betting ??
then you would get in your profit or loss in dkk?
Patience is a virtue...
  • #785,339
  • Apr 9, 2013 12:31pm Apr 9, 2013 12:31pm
Quoting Ken A
How about USD/JPY which is 99.9 worth less than USD?
you also get your profit or loss in jpy?
Patience is a virtue...
  • #785,340
  • Apr 9, 2013 12:34pm Apr 9, 2013 12:34pm


and nostro vostro
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