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  • #792,041
  • Apr 26, 2013 7:06am Apr 26, 2013 7:06am
Quoting SugarPink
When the market is short position on unconfirmed information the best risk:reward trade is doing the opposite. Becase covering and unwinding all those positions gets wide moves that extends to more stops triggering, etc etc.
A lot of fridays did strong back move at the beginning of the US session.

Very well depicted for the R:R, but ALWAYS trade the reverse or ALWAYS trade the break, not only once.

I prefer having around 1:1 R:R and high winning percentage: much better for my money management.
  • #792,042
  • Apr 26, 2013 7:06am Apr 26, 2013 7:06am
On the spot now, testing 90.

I doubt it cracks but if so, 1.2960 after European market close.
They think they are smarter than I am.
  • #792,043
  • Apr 26, 2013 7:08am Apr 26, 2013 7:08am
With so many traders in for short positions, opportunities I can't help but add some pending sells. The support around 1.3000 is something else. Am keen on the news coming out in 40mins time.
  • #792,044
  • Apr 26, 2013 7:09am Apr 26, 2013 7:09am
Quoting Z3iz3i
On the spot now, testing 90. I doubt it cracks but if so, 1.2960 after European market close.
Sell is too heavy. News given up spike also can't help the bull.
You cannot learn better without losing
  • #792,045
  • Apr 26, 2013 7:10am Apr 26, 2013 7:10am
Quoting Z3iz3i
On the spot now, testing 90. I doubt it cracks but if so, 1.2960 after European market close.
If they crack anything i'll buy it

Let them do whatever they want....We'll get them!
COT: The precious data ignored
  • #792,046
  • Apr 26, 2013 7:13am Apr 26, 2013 7:13am
Quoting kuroro001
{quote} If they crack anything i'll buy it Let them do whatever they want....We'll get them!
Wish to intervene? lol
You cannot learn better without losing
  • #792,047
  • Apr 26, 2013 7:14am Apr 26, 2013 7:14am
We forex traders are as much conspiresy theorists as much as the doomsday preppers are about nwo and illumenati masons ext. Hell and the sad thing is we probably right, thers what the world sees ad what every informed trader knows is going on in the bigger more corrupt scheme of things in this rigged game of chess
  • #792,048
  • Apr 26, 2013 7:15am Apr 26, 2013 7:15am
Quoting Tom_D_Trader
{quote} Yes, you are right. Weakness of Eur can be more than offset by rally in equities and bonds. So quite possible mid term spike up and then rally down to @ 1,18. I really hope they wont cut, I dont want to change my trading plan .
to me look like so call analyst trying to Conner ECB , lets wait and see how ECB act & market react
Mohan
  • #792,049
  • Apr 26, 2013 7:15am Apr 26, 2013 7:15am
Quoting forexings
{quote} Wish to intervene? lol
Oh man i wish i could
COT: The precious data ignored
  • #792,050
  • Apr 26, 2013 7:16am Apr 26, 2013 7:16am
Quoting kuroro001
{quote} If they crack anything i'll buy it Let them do whatever they want....We'll get them!
Playing the break at 1.2990 / 1.3009.
  • #792,051
  • Apr 26, 2013 7:16am Apr 26, 2013 7:16am
LO level suddenly appeared in very interesting part of intraday range...
69
  • #792,052
  • Apr 26, 2013 7:16am Apr 26, 2013 7:16am
next target 1.2972 and 1.2918
Attached Image (click to enlarge)
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  • #792,053
  • Apr 26, 2013 7:16am Apr 26, 2013 7:16am
Quoting kuroro001
{quote} If they crack anything i'll buy it Let them do whatever they want....We'll get them!
  • #792,054
  • Apr 26, 2013 7:17am Apr 26, 2013 7:17am
15 min for the impact
"You're solid gold, see you in hell"
  • #792,055
  • Apr 26, 2013 7:17am Apr 26, 2013 7:17am
Somebody did a big BUY before the news (1.3000).
  • #792,056
  • Apr 26, 2013 7:18am Apr 26, 2013 7:18am
Quoting SugarPink
15 min for the impact
10 for EU
1:10 for UJ ( EJ )
Make choices and don't look back !
  • #792,057
  • Apr 26, 2013 7:20am Apr 26, 2013 7:20am
Quoting fx_forever
Somebody did a big BUY before the news (1.3000).
Source ?
  • #792,058
  • Apr 26, 2013 7:21am Apr 26, 2013 7:21am
Quoting kuroro001
{quote} If they crack anything i'll buy it Let them do whatever they want....We'll get them!
You and me both man. Orders are set. I may start buying since ,294.
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"I know one thing, that I know nothing." Sokrates
  • #792,059
  • Apr 26, 2013 7:22am Apr 26, 2013 7:22am
Today may be the determining day between bull and bear
  • #792,060
  • Apr 26, 2013 7:22am Apr 26, 2013 7:22am
Quoting Doc'
{quote} Source ?
Activity is growing at the bottom....see it with tick volume. Bulls protected 1,2990 with high volume...it could be heavy buyers.

But the time of the news the volume will be so much big, that'll be more important
COT: The precious data ignored
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