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  • #789,181
  • Apr 17, 2013 12:44pm Apr 17, 2013 12:44pm
Quoting skysoft.bg
Breaking news!!! ECB president Mario Draghi arrested for child abuse!!!
i heard it was for spanking the monkey
those who can, do. those who cant, talk about those who can
  • #789,182
  • Apr 17, 2013 12:46pm Apr 17, 2013 12:46pm
Quoting ForExtraPips
Boston bombing suspect under arrest. breaking
According to AP, hasn't been confirmed yet. Hope they stone the fecker
When the facts change I change my mind, what do you do sir
  • #789,183
  • Apr 17, 2013 12:47pm Apr 17, 2013 12:47pm
Quoting Pip Anon
According to AP, hasn't been confirmed yet. Hope they stone the fecker
Same here. And hope it's not another false arrest.
Time turns trend. - W.D. Gann
  • #789,184
  • Apr 17, 2013 12:50pm Apr 17, 2013 12:50pm
Quoting Rui Texieira
end of April, if you think that long in time, you should search another approach to FX...
Wooh? why so? Within last couple of weeks EU made from 1.3 to 1.32 so it's again possible as Gold also looks like settled down!
  • #789,185
  • Apr 17, 2013 12:50pm Apr 17, 2013 12:50pm
Quoting gatorinla
targeting 1.43xx still
Thats on the longer term, but dount you think that it still has potential to visit 5500's before?
69
  • #789,186
  • Apr 17, 2013 12:51pm Apr 17, 2013 12:51pm
Quoting Pip Anon
Bro look at the market. The euro tanked with it. You can't be that narrow in your analysis. I like the conviction, but it's more than Weidman. The euro followed the S&P futures. Could the comment increase the momentum? Sure. To say it is the only reason is flawed.
I know what you mean. EURO showed little weakness, when US stock market open for trading. Still it would be not enough to stop it.
"You're solid gold, see you in hell"
  • #789,187
  • Apr 17, 2013 12:52pm Apr 17, 2013 12:52pm
Quoting namitak007
Well I am planning for 100+ pips with target of 1.32 by the end of April. Please give me your advice!
Ok. Let's see.... are you set on achieving a 100 pip trade or are you happy to have:

2 x 50 pip trades
3 x 33 pip trades
4 x 25 pip trades etc etc

Does bias matter to you? eg. You mention 1.32... given it has been rejected today, can you see that being a realistic target tomorrow? If you can answer this question reliably, then how does that change your view about achieving a 100 pip trade?

Gator has mentioned some levels. I have and a few others. How do you feel about those? Is it important to achieve 100 pips going in the direction you intended or are you happy to short or long as required.

If you agree that "trade is your friend" then can you accurately describe what the trend is right now? Do you think that the trend you have identified, has enough energy or fuel to give you 100 pips to achieve.

OR - are you still psychologically looking for a TOP / BOTTOM? And do you know how hard it is to really do that consistently? Do you also know how to trade that bottom or top once you've identified it?

Why am I being philosophical? Because no one here in this Forum or Trading Room will know 100% where price will go. That's a fact.
But you have to form an opinion based on what you know and have seen today, surely?!
You then test that assumption with a trade. You could be wrong or right. The more right you are, means you have an edge.
If you are wrong... begin to dismantle your decisions and what influenced your trade.

Because the more you understand the factors that influence your trade, the more you will understand what factors will influence price.

Oh, and I suggest reading "Bird Watching In Lion Country" - Google it.
A pip is only worth it if you know how much you risked to earn it
  • #789,188
  • Apr 17, 2013 12:53pm Apr 17, 2013 12:53pm
Quoting namitak007
Wooh? why so? Within last couple of weeks EU made from 1.3 to 1.32 so it's again possible as Gold also looks like settled down!
Exactly, so why do you expect it to be there at the end of the month and make a move now?
  • #789,189
  • Apr 17, 2013 12:55pm Apr 17, 2013 12:55pm
Quoting SugarPink
I know what you mean. EURO showed little weakness, when US stock market open for trading. Still it would be not enough to stop it.
According to what though? The euro is surely not bullet proof. Cant be hook on one thing.
When the facts change I change my mind, what do you do sir
  • #789,190
  • Apr 17, 2013 12:56pm Apr 17, 2013 12:56pm
Quoting vlady1974
Ok. Let's see.... are you set on achieving a 100 pip trade or are you happy to have: 2 x 50 pip trades 3 x 33 pip trades 4 x 25 pip trades etc etc Does bias matter to you? eg. You mention 1.32... given it has been rejected today, can you see that being a realistic target tomorrow? If you can answer this question reliably, then how does that change your view about achieving a 100 pip trade? Gator has mentioned some levels. I have and a few others. How do you feel about those? Is it important to achieve 100 pips going in the direction you intended...
10/10 for you! Today I learned new method of thinking! Thanks! The trend looks bearish but since last couple of weeks JPY, GOLD, Silver burned my money along with my charts and analysis! So I am in the dilemma! Whether go with small shorts or target some big longs as the EU pair played between 1.3 to 1.32 within 10 days!
  • #789,191
  • Apr 17, 2013 12:56pm Apr 17, 2013 12:56pm
Missed whole day...any clues why euro has fallen?
  • #789,192
  • Apr 17, 2013 1:01pm Apr 17, 2013 1:01pm
Quoting gatorinla
i heard it was for spanking the monkey
what about 3090 target ?
looking for investors . pm me
  • #789,193
  • Apr 17, 2013 1:09pm Apr 17, 2013 1:09pm
trying a 1/2 risk short here

tp open
sl -60
  • #789,194
  • Apr 17, 2013 1:09pm Apr 17, 2013 1:09pm
Quoting Myo
Sounds interesting, but do you have evidence for that?
here you go http://www.zerohedge.com/news/interv...equency-trader
  • #789,195
  • Apr 17, 2013 1:12pm Apr 17, 2013 1:12pm
Quoting kbmoonshinex
what about 3090 target ?
good idea, im whit you
  • #789,196
  • Apr 17, 2013 1:13pm Apr 17, 2013 1:13pm
Quoting skysoft.bg
here you go http://www.zerohedge.com/news/interv...equency-trader
Well last night they posted N. Korea to start military actions immediately: KCNA
They are just rumor makers!
  • #789,197
  • Apr 17, 2013 1:14pm Apr 17, 2013 1:14pm
Quoting Likerty
Thats on the longer term, but dount you think that it still has potential to visit 5500's before?
i haven't been tracking it. it has support to the left of today's low. but it looks like it wants to break the channel low.. the center of the channel has 3 lines and a box. it may bounce there for a R shoulder hs check before lower.
Attached Image (click to enlarge)
Click to Enlarge Name: sp.PNG Size: 35 KB
those who can, do. those who cant, talk about those who can
  • #789,198
  • Apr 17, 2013 1:15pm Apr 17, 2013 1:15pm
Now interesting situation
Both EU and EJ have 1 min big H & S showing that the price should go up...
and Both have drawed their final arm as a smaller H & S which would stop the retracement and continue down...

Any bets?
  • #789,199
  • Apr 17, 2013 1:17pm Apr 17, 2013 1:17pm
Quoting namitak007
Well last night they posted N. Korea to start military actions immediately: KCNA They are just rumor makers!
Yeah and that was the reason for this insane bull move... it wasn't Draghi`s speech since the move made a move long after his speech...
  • #789,200
  • Apr 17, 2013 1:18pm Apr 17, 2013 1:18pm
Quoting skysoft.bg
here you go http://www.zerohedge.com/news/interv...equency-trader
I canīt find the part about algos reading message boards. Am I blind or what?
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