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  • #793,961
  • May 2, 2013 10:02am May 2, 2013 10:02am
For those who caught the move, I guess one way to play it is to place the stop at 1.3099 and consider the situation later. Weekly is shaping a nice pin bar now.
  • #793,962
  • May 2, 2013 10:04am May 2, 2013 10:04am
Quoting Tom_D_Trader
Who would have thought in sovereign crisis.
Because we are not longer in a Sovereign crisis. That is old news. My 2 cents, you may need to realign those FA analysis priorities in Europe. Slow growth, permanent recession and poor macro numbers is what we are playing right now.

Quoting mohan76
{quote} i can't figure out why dax fallen isn't rate cut good for stock ?
I don't know what are you looking at. We are flat for the day for the floor close. We run stops on the highs and when back on profit taking on last strong W/D Resistance. Hard work is done (stops cleaned on the highs), next push up is beyond all time highs ... Plus if you trade equities and indexes you know that you never ever buy good news in the highs (or sell at the lows with bad news) that is just a sucker game ....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #793,963
  • May 2, 2013 10:04am May 2, 2013 10:04am
Bulls failed...more downside.
COT: The precious data ignored
  • #793,964
  • May 2, 2013 10:05am May 2, 2013 10:05am
short at 307. TP and SL in, let her fall to lower levels
"It is not enough to have a good mind; the main thing is to use it well"
  • #793,965
  • May 2, 2013 10:06am May 2, 2013 10:06am
closed some... and ideal setup for 2883 is now bouncing to 3147 ish w/o a hh to re-short.. will tweak if needed.
those who can, do. those who cant, talk about those who can
  • #793,966
  • May 2, 2013 10:07am May 2, 2013 10:07am
Quoting sisse
{quote} Because we are not longer in a Sovereign crisis. That is old news. My 2 cents, you may need to realign those FA analysis priorities in Europe. Slow growth, permanent recession and poor macro numbers is what we are playing right now. {quote} I don't know what are you looking at. We are flat for the day for the floor close. We run stops on the highs and when back on profit taking on last strong W/D Resistance. Hard work is done (stops cleaned on the highs), next push up is beyond all time highs ... Plus if you trade equities and indexes you...
market makers will fade the new when the pop starts to exhaust.
When the facts change I change my mind, what do you do sir
  • #793,967
  • May 2, 2013 10:10am May 2, 2013 10:10am
Quoting kewell
{quote} Alright, thanks a lot I will holding my sell.
  • #793,968
  • May 2, 2013 10:11am May 2, 2013 10:11am
Quoting Mozzy
{quote} Awesome! We should catch up for a drink and talk shite......the Aussie way. Why Australia and not a nice warm place like Thailand or Malaysia?
I dont drink Alcohol but yeah cup of coffee will be great

Adding u in buddy list
been there done that, Good Bye
  • #793,969
  • May 2, 2013 10:12am May 2, 2013 10:12am
again she is lurking and tanking...nothing else for the day i guess.
NFP tomar goodluck good friends, traders, gamblers, coin tossers and speculators
  • #793,970
  • May 2, 2013 10:12am May 2, 2013 10:12am
Quoting sisse
{quote} Because we are not longer in a Sovereign crisis. That is old news. My 2 cents, you may need to realign those FA analysis priorities in Europe. Slow growth, permanent recession and poor macro numbers is what we are playing right now. {quote} I don't know what are you looking at. We are flat for the day for the floor close. We run stops on the highs and when back on profit taking on last strong W/D Resistance. Hard work is done (stops cleaned on the highs), next push up is beyond all time highs ... Plus if you trade equities and indexes you...

i have give up dax after it cross 7k, during ECB press conf dax 30 doped 100 point that was confusing me, thanks for the detail explanation i should pay more attention
Mohan
  • #793,971
  • May 2, 2013 10:14am May 2, 2013 10:14am
Quoting gatorinla
closed some... and ideal setup for 2883 is now bouncing to 3147 ish w/o a hh to re-short.. will tweak if needed.
i see now bounce to 3133 minimum .
looking for investors . pm me
  • #793,972
  • May 2, 2013 10:14am May 2, 2013 10:14am
Quoting sisse
Because we are not longer in a Sovereign crisis. That is old news. My 2 cents, you may need to realign those FA analysis priorities in Europe. Slow growth, permanent recession and poor macro numbers is what we are playing right now.
Sure we are. I belive you´ve heard Draghi on press conference mentioning Debt/GDP of union raising from something like 87% to 90% and saying they need to proceed with fiscal consolidation. The fact that Draghi and his CB bros are buying sovereign bonds in big scale, accompanied by governments pushing pension funds to invest in the very same bonds, doesnt change the underlying problem. There is too much debt in Southern Europe and their deficits are 5%+. No way they could repay it or they could grow up. Still the same imo. Nevertheless, all eyes on Japan now, imo EU has kicked the can firmly.

T
"I know one thing, that I know nothing." Sokrates
  • #793,973
  • May 2, 2013 10:15am May 2, 2013 10:15am
Will it down to 1.303X or it started reversal to 1.313X ?
  • #793,974
  • May 2, 2013 10:15am May 2, 2013 10:15am
Quoting kbmoonshinex
{quote} i think 3133 possible.
agree, fly eur, fly...
  • #793,975
  • May 2, 2013 10:15am May 2, 2013 10:15am
we made a LL... if no profit is taken, no profit is gotten.. 3035 ish is a bull norm.. 3051 was hit.. along with others.. after, a bounce is normal.
those who can, do. those who cant, talk about those who can
  • #793,976
  • May 2, 2013 10:17am May 2, 2013 10:17am
Quoting kbmoonshinex
{quote} i see now bounce to 3133 minimum .
i dont.. i just play it, if it does.
those who can, do. those who cant, talk about those who can
  • #793,977
  • May 2, 2013 10:17am May 2, 2013 10:17am
Quoting WhiteHorse
{quote} I dont drink Alcohol but yeah cup of coffee will be great Adding u in buddy list

That's cool, I'm not much of a drinker and prefer a nice coffee anyday.

Went short at 3084 tp 0260 sl trailing 220
  • #793,978
  • May 2, 2013 10:17am May 2, 2013 10:17am
Quoting kewell
U guys aiming 1.305x or 1.303x to TP ??
If i remember correctly, you asked me yesterday for advice on trades / which way to take?! , now you are asking where to take profit!! LOL man, you need to learn yourself or learn from experienced ppl here and stop asking ppl for advice Brother!, ( funny some one said "Idiots are shorting before NFP" yesterday - ppl who shorted between 3226 and 3242 are now laughing with lot of extra cash) No one would know where this drop will stop for sure but if we clear out of 3050 -3040 area this could drop further or this could reverse from here for a bit, but remember tomorrow is NFP Fry-Day GL
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #793,979
  • May 2, 2013 10:18am May 2, 2013 10:18am
Quoting Mozzy
{quote} That's cool, I'm not much of a drinker and prefer a nice coffee anyday. Went short at 3084 tp 0260 sl trailing 220
ok then, coffee from me....

btw GBP trade is doing well

London bridge is falling down....
been there done that, Good Bye
  • #793,980
  • May 2, 2013 10:20am May 2, 2013 10:20am
Quoting sisse
{quote} Because we are not longer in a Sovereign crisis. That is old news. My 2 cents, you may need to realign those FA analysis priorities in Europe. Slow growth, permanent recession and poor macro numbers is what we are playing right now. {quote} I don't know what are you looking at. We are flat for the day for the floor close. We run stops on the highs and when back on profit taking on last strong W/D Resistance. Hard work is done (stops cleaned on the highs), next push up is beyond all time highs ... Plus if you trade equities and indexes you...
You are a breath of fresh air on these forums and it is always nice when I come across your posts of solid analysis both tech and fundie.
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