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  • #789,941
  • Apr 19, 2013 1:56am Apr 19, 2013 1:56am
Quoting KiwiTrada
reducing sl to 23 89 (-7)
watched that spike in cable? damm horrible. I really hope it gets smashed
  • #789,942
  • Edited 2:14am Apr 19, 2013 2:02am | Edited 2:14am
For those with 10+v ( but not only) I have a quick question:

Why would somebody trade all cross pairs at JPY shown in this trade explorer to, instead of a major ( USD/JPY)

Is it related to JPY nature or is related to timezone of the trading / moving?

Sorry, but I can't see any logic on it: why to open a position with 2-5 pip spread instead of 1.1 if TP is 15 pip. Maybe somebody will enlighten me a bit.
I want to buy PATIENCE
  • #789,943
  • Apr 19, 2013 2:03am Apr 19, 2013 2:03am
What a fight for that monthly open. Trying to scalp, but err, already lost 0,1% on that last swing above (,30834) My SL actually got hit to the pip, as it was at ,3083. Told ya I cant scalp. Damn, I am going to get broke .

Edit: Huhuhu, I am in small S scalp @ ,3073, locked at BE. Weee, I am scalper! TP ,3045. Seriously, I would get broke soon if I continue, but tell me what to do in those two weeks, apart from practicing entries.
"I know one thing, that I know nothing." Sokrates
  • #789,944
  • Apr 19, 2013 2:10am Apr 19, 2013 2:10am
Quoting Tom_D_Trader
What a fight for that monthly open. Trying to scalp, but err, already lost 0,1% on that last swing above (,30834) My SL actually got hit to the pip, as it was at ,3083. Told ya I cant scalp. Damn, I am going to get broke .

stoplosses got hunted. actually this high is lower than the high it made yesterday on christine lagarde's bullshit talk.
  • #789,945
  • Apr 19, 2013 2:12am Apr 19, 2013 2:12am
Quoting Tom_D_Trader
What a fight for that monthly open. Trying to scalp, but err, already lost 0,1% on that last swing above (,30834) My SL actually got hit to the pip, as it was at ,3083. Told ya I cant scalp. Damn, I am going to get broke . Edit: Huhuhu, I am in small S scalp @ ,3073, locked at BE. Weee, I am scalper! TP ,3045. Seriously, I would get broke soon if I continue, but tell me what to do in those two weeks, apart from practicing entries.
entry is good. hope you will get your target. cable is pissing me off
  • #789,946
  • Apr 19, 2013 2:15am Apr 19, 2013 2:15am
dax is coming off. there is a tsunami breaking soon in financial world. some news is coming
  • #789,947
  • Apr 19, 2013 2:16am Apr 19, 2013 2:16am
Quoting forex4india1
damm short covering in cable.
The daily candle is 60 pips. Not much of a cover.
When the facts change I change my mind, what do you do sir
  • #789,948
  • Apr 19, 2013 2:17am Apr 19, 2013 2:17am
You were on ignore already before you posted these useless posts. And now you are twice on ignore . Y, SL got hunted, but not mine (woo, trading philosophy! Ask yourself whose SL got hunted and how). LH confirms my intraday bias to short. Y, I am full of prejudice, sry.
"I know one thing, that I know nothing." Sokrates
  • #789,949
  • Apr 19, 2013 2:18am Apr 19, 2013 2:18am
Quoting forex4india1
japanese opened their mouths again. aud, euro, gbp everything will go up now
but, but yen supose to rally yesterday after US data...I am confused here a bit
swing it!
  • #789,950
  • Apr 19, 2013 2:18am Apr 19, 2013 2:18am
Quoting Tom_D_Trader
You were on ignore already before you posted these useless posts. And now you are twice on ignore . Y, SL got hunted, but not mine (woo, trading philosophy! Ask yourself whose SL got hunted and how). LH confirms my intraday bias to short. Y, I am full of prejudice, sry.
When the facts change I change my mind, what do you do sir
  • #789,951
  • Apr 19, 2013 2:20am Apr 19, 2013 2:20am
Quoting tomspin
but, but yen supose to rally yesterday after US data...I am confused here a bit
They will short yen to zero. Hear about McDonalds? Increased their food prices in Japan by 20% I would assume more companies with follow. How would this help the Japanese people?
When the facts change I change my mind, what do you do sir
  • #789,952
  • Apr 19, 2013 2:21am Apr 19, 2013 2:21am
Quoting vlady1974
Got a signal to go long as price < 70 but above trigger LO. L @ 68, exit 80 for +12... But I think she might want 3096/98
I am watching the 4h cart - and I don't believe in the breaking news longer time effect.

I think today or it will retrace to below 1.3000 with at least 30 pip (1.2970) or it will recover that -100 pip fall, since is Friday (1.3150).

For others what is saying the crystal ball?
I want to buy PATIENCE
  • #789,953
  • Apr 19, 2013 2:25am Apr 19, 2013 2:25am
Quoting matheszabi
For others what is saying the crystal ball?
If everybody sees a short, obviously, we are going up.
  • #789,954
  • Apr 19, 2013 2:27am Apr 19, 2013 2:27am
It is BUY opportunity with small risk
  • #789,955
  • Apr 19, 2013 2:29am Apr 19, 2013 2:29am
Quoting Myo
If everybody sees a short, obviously, we are going up.
Anything's possible.

I'm more bullish bias this morning.

I'll stick to it.
COT: The precious data ignored
  • #789,956
  • Apr 19, 2013 2:29am Apr 19, 2013 2:29am
Todays pivot sits at really pivotal area in this ongoing bounce from wednesday. 3055/50 for further bears.
H1:
Attached Image (click to enlarge)
Click to Enlarge Name: EU pivotal 04-19x.png Size: 59 KB
69
  • #789,957
  • Apr 19, 2013 2:30am Apr 19, 2013 2:30am
Quoting hadox
well , limits are set.. as always fridays tend to be a waste of time for me, so the week is over for me.. gl trading rest of the week
changing limits a bit, 50 % at 1.535x and the last 25 % at 1.537x...

gl trading today
Patience is a virtue...
  • #789,958
  • Apr 19, 2013 2:33am Apr 19, 2013 2:33am
Quoting kuroro001
Anything's possible. I'm more bullish bias this morning. I'll stick to it.
im bearish and getting more bearish every minute
  • #789,959
  • Apr 19, 2013 2:34am Apr 19, 2013 2:34am
Quoting Pip Anon
They will short yen to zero.
Y, poor Japans. I am still wondering how will this end. I think whole this CBs easing operation is aimed at Asian exporters, who have vast reserves of USD, to sell those and buy Treasuries, or sell Yen and do the same. Now imo dollar would be weakening heavily, if it wasnt for a) slump in Chinese output - now this is really big impact news b) Damn North Korea. Both of these resulting in "safe haven" flow.

Regarding Japans here, I always add most of their public debt is held by by domestic private investors, so, although they´r very possibly going to short Yen heavily, bond bubble doesn´t have to burst anytime soon. Thats btw whole Japanese superplan, also called Abenomics.

T
"I know one thing, that I know nothing." Sokrates
  • #789,960
  • Apr 19, 2013 2:38am Apr 19, 2013 2:38am
Quoting vlady1974
Merlin Breakout Strategy: Yesterday didn't yield a traceable result, although it gave me a short bias. However, the HI/LO defined the close day range of prices until New York session. Tonight, 10PM-12AM GMT HI - 1.30706 LO - 1.30458 Tonight I will apply a 20 pip buffer either side of the HI LO. If price > 70.6 but < 90.6 look to SHORT but if > 45.8 look to long If price < 45.8 but > 25.8 look to LONG but if < 25 look to short Trigger only on or after 7am. If new hi or low created at Asian session, then flat. EDIT: After further analysis, 3098 will...
Hi vlady,

I have few questions related with time settings because of time zone differences.Would you please answer them.

1-Are those 10:00 PM and 12:00 AM GMT setting real GMT times or London Times? Because London is GMT+1 since BST(British Summer Time).
2- According to your answer to Question 1 is 07:00 AM refers BST( GMT+1) or GMT?
3- Are those High and Low Prices just high and low during 2 hours time interval?

Thanks in advance,

Take care
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