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EURUSD

  • #790,381
  • Apr 22, 2013 5:15am Apr 22, 2013 5:15am
Quoting SugarPink
uhh so exciting
i reckon I have just take small short on gold 1434 99 50% retrace of 2day crash
If you are new to Forex? Say Goodbye to your account!!
  • #790,382
  • Apr 22, 2013 5:21am Apr 22, 2013 5:21am
Quoting KiwiTrada
{quote} i reckon I have just take small short on gold 1434 99 50% retrace of 2day crash
Alright!
"You're solid gold, see you in hell"
  • #790,383
  • Apr 22, 2013 5:23am Apr 22, 2013 5:23am
Quoting hadox
{quote} took a short at cable 1.523x edit: stop at 1.525x..
flat cable ..

waiting for 1.524x to give a clue..
Patience is a virtue...
  • #790,384
  • Edited 5:36am Apr 22, 2013 5:26am | Edited 5:36am
Damn, superduper plan aint working as thought. We should be breaking ,3 now and not be above ,3045. Waiting for LO close money flow, hope it will send us down, but current PA seems pointing to another retest of ,3074, which could lead us up. Hope bears show up very soon. Err, like now . If not, they may even loose whole month.

edit: Hi bears. Glad to see you.
"I know one thing, that I know nothing." Sokrates
  • #790,385
  • Apr 22, 2013 5:29am Apr 22, 2013 5:29am
EUR USD should Target @ 1.3029/27 I want to trade the bounce for today.
  • #790,386
  • Apr 22, 2013 5:32am Apr 22, 2013 5:32am
I am watching a documentary about floor traders. It tells about the story of it and how it evolved.
I reckon those people that trade on the floor are just bullies, gamblers, they have little education, only high school, they are mostly people who without that job and money would be drunks and or on dealing drugs, smugging drugs, other illegal high risk-reward activities.

When talking about when the trade goes againts you, its insane, they just buy more , they add even more risk. They are over-leverage, make no doubt, if you think you trade bad you should see this guys. Its pure risk taking.
"You're solid gold, see you in hell"
  • #790,387
  • Apr 22, 2013 5:36am Apr 22, 2013 5:36am
Quoting SugarPink
I am watching a documentary about floor traders. It tells about the story of it and how it evolved. I reckon those people that trade on the floor are just bullies, gamblers, they have little education, only high school, they are mostly people who without that job and money would be drunks and or on dealing drugs, smugging drugs, other illegal high risk-reward activities. When talking about when the trade goes againts you, its insane, they just buy more , they add even more risk. They are over-leverage, make no doubt, if you think you trade bad you...
Mind sharing a link with this documentary?

Thanks in advance!
  • #790,388
  • Apr 22, 2013 5:38am Apr 22, 2013 5:38am
Something which might happen? Blue circles intersection is same time as US Existing House Sales.

Attached Image (click to enlarge)
Click to Enlarge Name: 22nd April 5 min EURUSD.jpg Size: 145 KB
  • #790,389
  • Apr 22, 2013 5:41am Apr 22, 2013 5:41am
Quoting skysoft.bg
{quote} Mind sharing a link with this documentary? Thanks in advance!
Inserted Video
"You're solid gold, see you in hell"
  • #790,390
  • Apr 22, 2013 5:49am Apr 22, 2013 5:49am
Quoting cspip
Something which might happen?...
Beware of Froggie, tze beast!
Attached Image (click to enlarge)
Click to Enlarge Name: Froggie.jpg Size: 252 KB
"I know one thing, that I know nothing." Sokrates
  • #790,391
  • Apr 22, 2013 5:57am Apr 22, 2013 5:57am
Quoting KiwiTrada
{quote} i reckon I have just take small short on gold 1434 99 50% retrace of 2day crash
I need some movement within the next 2 minutes or I will jump ship tardy trollop
If you are new to Forex? Say Goodbye to your account!!
  • #790,392
  • Apr 22, 2013 6:00am Apr 22, 2013 6:00am
Pip Porn
Attached Image
Trade smaller than rational because the market is irrational...
  • #790,393
  • Apr 22, 2013 6:11am Apr 22, 2013 6:11am
Quoting hadox
{quote} flat cable .. waiting for 1.524x to give a clue..
short 1.523x stop 1.525x, will give it a try again..
Patience is a virtue...
  • #790,394
  • Apr 22, 2013 6:12am Apr 22, 2013 6:12am
Stupid Oil still up, as well as Gold. Preventing this pair to drop. At least Copper and Gas are still down. Seems traders dont mind China shutting down mining in whole Sichuan . Gotta laugh, as usual. Maybe its because they´ve sold so much last week, that they went too low and now need a break? It is very hard to count impacts of slump in Chinese demand, especially since those numbers can be twisted and so.

Anyway, see that last h1 pinbar (or whatever is the name, but watch candle )?
edit: and nanopattern, bearish flag on m5
"I know one thing, that I know nothing." Sokrates
  • #790,395
  • Apr 22, 2013 6:12am Apr 22, 2013 6:12am
Possible EUR rate cut?
 The new ECB hymn book on communication is to not rule out a rate cut, conditional on new information. We had this from Weidman last week, and similar comments are being made by Constancio [ID:nF9N0B700G]. As with Weidmann, Constancio reiterates that a further 25 bps rate cut would not have much impact, echoing Draghi's message from the meeting on April 4. This message, according to Constancio, was that a rate cut was discussed, the ECB was looking at incoming information, focused on developments in inflation ("first consideration") and, at the same time, the economy "continued to give signs of weakness." As we highlighted earlier, the euro zone PMI and German IFO data will be very important in terms of new information for the ECB with a May cut possible.
Trade smaller than rational because the market is irrational...
  • #790,396
  • Apr 22, 2013 6:21am Apr 22, 2013 6:21am
Downside favoured for the euro

http://www.forexfactory.com/showthre...&reply=1#reply
Trade smaller than rational because the market is irrational...
  • #790,397
  • Apr 22, 2013 6:23am Apr 22, 2013 6:23am
Quoting KiwiTrada
{quote} I need some movement within the next 2 minutes or I will jump ship tardy trollop
isn't it new yokers bought gold 1.5 h ago from there bed?
Mohan
  • #790,398
  • Apr 22, 2013 6:26am Apr 22, 2013 6:26am
JK on FX

Short video and commentary

http://www.jkonfx.com/
Trade smaller than rational because the market is irrational...
  • #790,399
  • Apr 22, 2013 6:27am Apr 22, 2013 6:27am
Quoting KiwiTrada
{quote} I need some movement within the next 2 minutes or I will jump ship tardy trollop
see if this resist has another scalp to offer, otherwise just stick to kiwi aussie and cable, geppy should have dropped already, what shitty slow pa
"or" just go to bed
Attached Image (click to enlarge)
Click to Enlarge Name: xg 19 4 2013.png Size: 67 KB
If you are new to Forex? Say Goodbye to your account!!
  • #790,400
  • Apr 22, 2013 6:28am Apr 22, 2013 6:28am
Quoting Tom_D_Trader
Stupid Oil still up, as well as Gold. Preventing this pair to drop. At least Copper and Gas are still down. Seems traders dont mind China shutting down mining in whole Sichuan . Gotta laugh, as usual. Maybe its because they´ve sold so much last week, that they went too low and now need a break? It is very hard to count impacts of slump in Chinese demand, especially since those numbers can be twisted and so. Anyway, see that last h1 pinbar (or whatever is the name, but watch candle )? edit: and nanopattern, bearish flag on m5


gold end user physical demand was extremely high last week , i guess it will settle down next week , we could see another round of selling or buying
Mohan
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