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  • #787,121
  • Apr 12, 2013 11:16am Apr 12, 2013 11:16am
Quoting msetai
thought 3100 so i waited to enter short and now I might be too late...bernake in 24mins
I doubt the market will move a lot.

Its not a conference about rate change or US economy as a whole.

But it's friday so better watch out
COT: The precious data ignored
  • #787,122
  • Apr 12, 2013 11:22am Apr 12, 2013 11:22am
Quoting kuroro001
I doubt the market will move a lot. Its not a conference about rate change or US economy as a whole. But it's friday so better watch out
maybe better to not trade at all then?
  • #787,123
  • Apr 12, 2013 11:23am Apr 12, 2013 11:23am
Quoting kuroro001
I doubt the market will move a lot. Its not a conference about rate change or US economy as a whole. But it's friday so better watch out
I agree.
Time turns trend. - W.D. Gann
  • #787,124
  • Apr 12, 2013 11:28am Apr 12, 2013 11:28am
Pre Bernanke movement !!
  • #787,125
  • Apr 12, 2013 11:29am Apr 12, 2013 11:29am
Quoting msetai
maybe better to not trade at all then?
Not being in a trade...is a trade. It prevents you from losing money when you are unsure

So yes if you don't know what to do, i suggest you should not trade. Enjoy the week end.
COT: The precious data ignored
  • #787,126
  • Apr 12, 2013 11:31am Apr 12, 2013 11:31am
I have noticed a slow melt up on Fridays after London closes and NY winds down. Especially when the DOW closes.

I try not to form an opinion and trade just on that.

However I may place a short before the close because I have a lot of room between here and my next existing short @ 1.2990 well outside of the Price Saturation zone in my MM program.

If E drops over the weekend I am in high clover another word for Green pips.

If E goes up then I have an existing long @1.3131 and am confident Ms Market will visit my POTENTIAL short entry at some point before I die. Probually a lot sooner.
Trade smaller than rational because the market is irrational...
  • #787,127
  • Apr 12, 2013 11:32am Apr 12, 2013 11:32am
Quoting kuroro001
Not being in a trade...is a trade. It prevents you from losing money when you are unsure So yes if you don't know what to do, i suggest you should not trade. Enjoy the week end.
AMEN

When in doubt sit it out.
Trade smaller than rational because the market is irrational...
  • #787,128
  • Apr 12, 2013 11:43am Apr 12, 2013 11:43am
Quoting kuroro001
Don't think it will. 1,3137 is the daily close from the 27/02....1,3161 is the daily high from the following day. So the last one is stronger...to me. And we have to revisit some area on the downside, such as 1,301x, 1,295x and 1,292x. It's only me though so i may be totally wrong
well you're not the only one
3220 at the top, and 2860 below, on mine. I am running the lines from those prices you mentioned and all the way back from 3710.
  • #787,129
  • Apr 12, 2013 11:54am Apr 12, 2013 11:54am
Isn't Bernanke supposed to speak now?

Anyone having working live stream?

This one showes to me it is offline: http://www.ustream.tv/federalreserve
  • #787,130
  • Apr 12, 2013 11:54am Apr 12, 2013 11:54am
To all my FX brothers who requested the MM Pyramid PDF, check your email you gave me in the PM. I just sent a batch of them out. Its an overview of how my MM software works but I think you will get the idea.

Again I have to say I am humbled by your requests and kind words.
Trade smaller than rational because the market is irrational...
  • #787,131
  • Apr 12, 2013 11:55am Apr 12, 2013 11:55am
Quoting skysoft.bg
Isn't Bernanke supposed to speak now? Anyone having working live stream? This one showes to me it is offline: http://www.ustream.tv/federalreserve
So far nothing on the economy
Trade smaller than rational because the market is irrational...
  • #787,132
  • Apr 12, 2013 11:58am Apr 12, 2013 11:58am
Quoting EuroTraderJD
So far nothing on the economy
Thanks!

What is this MM Pyramid PDF strategy you are talking about?
May I have the privilege to peak on it too?
  • #787,133
  • Apr 12, 2013 11:59am Apr 12, 2013 11:59am
Quoting EuroTraderJD
So far nothing on the economy
full text is already out:

http://www.federalreserve.gov/newsev...e20130412a.htm

or are you waiting for a q&a?
  • #787,134
  • Apr 12, 2013 12:03pm Apr 12, 2013 12:03pm
Quoting Myo
full text is already out: http://www.federalreserve.gov/newsev...e20130412a.htm or are you waiting for a q&a?
Thank you!


p.s. live stream working now
http://www.ustream.tv/federalreserve



Inserted Video
  • #787,135
  • Apr 12, 2013 12:20pm Apr 12, 2013 12:20pm
Quoting skysoft.bg
Thanks! What is this MM Pyramid PDF strategy you are talking about? May I have the privilege to peak on it too?
MM Pyramid is my MM. The document is an overview of how my software works but can get the idea and adapt it for yourself.

If you PM me with an email address I will gladly send it over as an PDF attachment.
Trade smaller than rational because the market is irrational...
  • #787,136
  • Apr 12, 2013 12:22pm Apr 12, 2013 12:22pm
Quoting Myo
full text is already out: http://www.federalreserve.gov/newsev...e20130412a.htm or are you waiting for a q&a?
Thanks bro

I am waiting for Q&A to do something with the P&A....hehe

Got some resistance at this level. Lets see if Ms Market can punch through
Trade smaller than rational because the market is irrational...
  • #787,137
  • Apr 12, 2013 12:25pm Apr 12, 2013 12:25pm
missy eu doing very good imitation of slow-grind b/o above 3100
  • #787,138
  • Apr 12, 2013 12:32pm Apr 12, 2013 12:32pm
I had the feeling I was watching the grammy awards.... and before that the story of a successful entrepreneur... making the neighbourhood a better place to be..
or was there a secret message that is so obvious for everyone else, but I am so stupid I didn't get?
  • #787,139
  • Apr 12, 2013 12:39pm Apr 12, 2013 12:39pm
Link to live stream?
  • #787,140
  • Apr 12, 2013 12:44pm Apr 12, 2013 12:44pm
Still potential upside on next week seem..
@Daily - Euro/Dollar
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