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  • #787,041
  • Apr 12, 2013 9:26am Apr 12, 2013 9:26am
Quoting Miguel.N
...agree, but i was wayting under 1.3035 before NY open, this is why i see up and up !?
bad US data means that Bernanke will not stop QE

But today Bernanke will speak and depending on that it will go up or down
  • #787,042
  • Apr 12, 2013 9:27am Apr 12, 2013 9:27am
Quoting EuroTraderJD
That may be a good entry. I will watch the indos to see. Big Ben is a factor too. He has that market moving mouth.
Haha, yes he does...
"It is not enough to have a good mind; the main thing is to use it well"
  • #787,043
  • Apr 12, 2013 9:27am Apr 12, 2013 9:27am
Quoting EuroTraderJD
That may be a good entry. I will watch the indos to see. Big Ben is a factor too. He has that market moving mouth.
Ben Bernanke is going to speak on about "creating resilient comunities".I don't think he is going to speak about the economy or QE or those important things.
"You're solid gold, see you in hell"
  • #787,044
  • Apr 12, 2013 9:28am Apr 12, 2013 9:28am
Quoting EuroTrader
bad US data means that Bernanke will not stop QE But today Bernanke will speak and depending on that it will go up or down

It is my belief that the Fed will begin slowing the pace of its buying program by this summer, and I believe this will be done as a test to see the market reqctions across the different metices they monitor i.e. interest rates and stock market reaction. Its better to whean off slowly than to come to an abrupt halt.
"It is not enough to have a good mind; the main thing is to use it well"
  • #787,045
  • Apr 12, 2013 9:29am Apr 12, 2013 9:29am
Quoting EuroTrader
But today Bernanke will speak and depending on that it will go up or down
What time Bro I dont see it on my FX calendar
Trade smaller than rational because the market is irrational...
  • #787,046
  • Apr 12, 2013 9:30am Apr 12, 2013 9:30am
Breakout coming on 15 min...enjoy the pop
"It is not enough to have a good mind; the main thing is to use it well"
  • #787,047
  • Apr 12, 2013 9:36am Apr 12, 2013 9:36am
Some resistance here @90 and then 1.3100
Trade smaller than rational because the market is irrational...
  • #787,048
  • Apr 12, 2013 9:37am Apr 12, 2013 9:37am
Quoting EuroTraderJD
What time Bro I dont see it on my FX calendar
it was my expectation to be @ 1.3035 or lower before open ny, if not geen and green !?
  • #787,049
  • Apr 12, 2013 9:37am Apr 12, 2013 9:37am
Quoting EuroTraderJD
Some resistance here @90 and then 1.3100
Give me my 1,3115 plz

And btw, thank you for your MM pyramid, i will have a look tonight mate.

I can see by the look of it you've done a great job, cheers
COT: The precious data ignored
  • #787,050
  • Apr 12, 2013 9:39am Apr 12, 2013 9:39am
Quoting EuroTraderJD
What time Bro I dont see it on my FX calendar

In 2 hours ... I am out have a nice day and weekend!
  • #787,051
  • Apr 12, 2013 9:43am Apr 12, 2013 9:43am
Quoting Miguel.N
it was my expectation to be @ 1.3035 or lower before open ny, if not geen and green !?
Brother I wish you all the green pips Ms Market can give.

Another hard lesson I learned is not to have any expectations. Ms Market is way smarter than me. The expectation I have is to be surprised and have a plan A and plan B like every good solider does.

Plan A is the capability to go short as this is the primary trend.

Plan B is when plan A doesnt pan out.

ALL BASED ON TA with an ear listening to the FA all governed by MM
Trade smaller than rational because the market is irrational...
  • #787,052
  • Apr 12, 2013 9:45am Apr 12, 2013 9:45am
Quoting EuroTrader
In 2 hours ... I am out have a nice day and weekend!
sorry to hear that, mate.. it was an arse level.
enjoy your weekend. greenies next week to you
  • #787,053
  • Apr 12, 2013 9:46am Apr 12, 2013 9:46am
Just look at gold.. Signaling the start of his bear market.. damn.
I just hope S&P500 doesnt destroy the roof.
"You're solid gold, see you in hell"
  • #787,054
  • Apr 12, 2013 9:47am Apr 12, 2013 9:47am
Quoting kuroro001
Give me my 1,3115 plz And btw, thank you for your MM pyramid, i will have a look tonight mate. I can see by the look of it you've done a great job, cheers
Thank you my dear brother.

I hope it will help you or give you some ideas on MM using dual inverse pyramids.

Its basically a white paper on how my software functions. It is tough to explain it technically with all the coding so I came up with this as an overview.

Hot Mama gets all the credit for making it look good and for correcting my poor grammar even though my IQ is well up there pretty high. She has the MBA and not me. My strength is in Math & logic and not spelling.

We all have our gifts.

If you have any questions please email me and I will gladly share for free to anyone who will sincerely listen the expensive lessons Ms Market has taught me.
Trade smaller than rational because the market is irrational...
  • #787,055
  • Apr 12, 2013 9:49am Apr 12, 2013 9:49am
Quoting ec_creep
greenies next week to you
And may I add to us all...
Trade smaller than rational because the market is irrational...
  • #787,056
  • Apr 12, 2013 9:51am Apr 12, 2013 9:51am
Quoting SugarPink
Just look at gold.. Signaling the start of his bear market.. damn. I just hope S&P500 doesnt destroy the roof.
For every seller there is a buyer. Its the retail Fudds and funds bailing with the almighty Banksters picking it up on the cheap.

Its important to remember what gold and commodities are. They are REAL assets and will never go off the board like fiat or stocks.
Trade smaller than rational because the market is irrational...
  • #787,057
  • Apr 12, 2013 9:52am Apr 12, 2013 9:52am
Quoting EuroTraderJD
What time Bro I dont see it on my FX calendar
here bro time is +8gmt (my local)
Attached Image
  • #787,058
  • Apr 12, 2013 9:53am Apr 12, 2013 9:53am
Quoting rokokdaun
here bro time is +8gmt (my local) {image}
Thanks bro. I need to throw my calendar away and use yours
Trade smaller than rational because the market is irrational...
  • #787,059
  • Apr 12, 2013 9:55am Apr 12, 2013 9:55am
Quoting EuroTraderJD
Brother I wish you all the green pips Ms Market can give. Another hard lesson I learned is not to have any expectations. Ms Market is way smarter than me. The expectation I have is to be surprised and have a plan A and plan B like every good solider does. Plan A is the capability to go short as this is the primary trend. Plan B is when plan A doesnt pan out. ALL BASED ON TA with an ear listening to the FA all governed by MM
my expectation is based on what specialists like you say, so i am analyzing the analyzers, and now i see the up up analysis are the winners ! fly euro fly....
  • #787,060
  • Apr 12, 2013 9:56am Apr 12, 2013 9:56am
1.309x getting sliced...
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