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  • #796,961
  • May 13, 2013 2:26am May 13, 2013 2:26am
Quoting Pair-me-up
{quote} LOL.... So, you see the whipsaw as well huh?
Y, got kicked out of my long like 5 times since yesterday and lost already about 0,5%.

edit: finally break. Couldnt watch it anymore.
"I know one thing, that I know nothing." Sokrates
  • #796,962
  • Edited 2:42am May 13, 2013 2:27am | Edited 2:42am
ECB droped Negative rate bomb

edit : it was ecb mem Visco
Mohan
  • #796,963
  • May 13, 2013 2:29am May 13, 2013 2:29am
Quoting mohan76
ECB droped Negative rate bomb
Could you post a link mate?
"I know one thing, that I know nothing." Sokrates
  • #796,964
  • May 13, 2013 2:29am May 13, 2013 2:29am
I went short on 1.2992 TP 1.2841
  • #796,965
  • May 13, 2013 2:30am May 13, 2013 2:30am
Quoting Tom_D_Trader
{quote} Could you post a link mate?
it was on audio , waiting for link
edit : text feed
ECB's Visco says if the economy needs further help the ECB will cut the deposit rate to negative territory
Mohan
  • #796,966
  • May 13, 2013 2:30am May 13, 2013 2:30am
Quoting mohan76
ECB droped Negative rate bomb
Which news feed did you get that from?
Luck has no place in trading. Leave that for the poker table.
  • #796,967
  • May 13, 2013 2:34am May 13, 2013 2:34am
Gm all!

Scary spike, but I wouldn't short here... maybe from 1.3030. Good luck all!
  • #796,968
  • May 13, 2013 2:35am May 13, 2013 2:35am
Quoting mohan76
{quote} it was on audio , waiting for link edit : text feed ECB's Visco says if the economy needs further help the ECB will cut the deposit rate to negative territory
bomb is not out just yet,

ej & gy have reacted already, retesting broken resistances. wierd thing is other ladies have been out off sync for quite awhile now, but they seem to be holding sync at the moment, my guess is there is a bomb lit, but not fuse all gone just yet, be careful
If you are new to Forex? Say Goodbye to your account!!
  • #796,969
  • May 13, 2013 2:37am May 13, 2013 2:37am
Looking for some longs below 1,2950 if bulls kick in.

If they don't, 1,292x (hourly) and 1,289x (daily) would be next.
COT: The precious data ignored
  • #796,970
  • May 13, 2013 2:38am May 13, 2013 2:38am
Quoting KiwiTrada
my guess is there is a bomb lit
I really gotta laugh to these discussions . Wonder what a non-trader would take from this.
"I know one thing, that I know nothing." Sokrates
  • #796,971
  • May 13, 2013 2:39am May 13, 2013 2:39am
Quoting salman14
GOLD 4H Breakout trade in the process?? have a look ..... Breakout areas : 1486 and 1439 {image}
It was a good entry for breakout traders
  • #796,972
  • May 13, 2013 2:40am May 13, 2013 2:40am
Polliticians are basterts the lot of them, they are soleley responsable for the whole wordls crices. Now Only they have the power to repair what they have created and they do it in a manner that gives the people the illusian that they are the ones with the voting power. Sometimes I think traders are of the fiew people that know whats realy going on in the world and the sad thing is we cant reely do shit about it.
  • #796,973
  • May 13, 2013 2:40am May 13, 2013 2:40am
Quoting KiwiTrada
{quote} bomb is not out just yet, ej & gy have reacted already, retesting broken resistances. wierd thing is other ladies have been out off sync for quite awhile now, but they seem to be holding sync at the moment, my guess is there is a bomb lit, but not fuse all gone just yet, be careful
Looks ECB team, teamed up with bear these days when ever they open mouth i could easily see bear , they might switch to bull @ sub 1.28

never the less he have screwed my trading plan lucky i did not had any trade
Mohan
  • #796,974
  • May 13, 2013 2:43am May 13, 2013 2:43am
Quoting Pair-me-up
{quote} Which news feed did you get that from?
This is from @twitter:

"Live Squawk ‏@livesquawk 4m
Earlier comments from #ECB's Visco get mkts moving after Reuters repeats: If econ needs more help, may cut Deposit Rate to negative"
  • #796,975
  • May 13, 2013 2:45am May 13, 2013 2:45am
They manipulate everything to hell And Im pist ..... therse no real chois or vote in anything . Its all predetermand howmuch they are going to scrue everyoe over this time, and how they want to go about it. Sons of basterds....
  • #796,976
  • May 13, 2013 2:46am May 13, 2013 2:46am
2876 is very important mid in my charts. Setting pending buy´s there. Anyway, wonder if that 2010 scenario can repeat. So far, it seems like it can. I aint seeing much of a dollar strength in mid term.

4 Cornelis: Welcome to the real world. You will get used to it . The major goal of all governments is to rape their taxpayers in the ass and then make a Swiss account and move to Bahamas. Normal.
"I know one thing, that I know nothing." Sokrates
  • #796,977
  • May 13, 2013 2:46am May 13, 2013 2:46am
Hissy fit is over back to trading.....
  • #796,978
  • May 13, 2013 2:51am May 13, 2013 2:51am
Gold is plunging the last fiew weeks. I cant see that the acconomy is getting any more stable to justify that. Pritty soon Ill be looking to jump in Long on gold and silver
  • #796,979
  • May 13, 2013 2:59am May 13, 2013 2:59am
Quoting mohan76
{quote} Looks ECB team, teamed up with bear these days when ever they open mouth i could easily see bear , they might switch to bull @ sub 1.28 never the less he have screwed my trading plan lucky i did not had any trade
I am same, not willing to play with parity au or 1 3000 eu etc etc swissy could be printing a right shoulder daily, and with the gaps down this morning pretty much killed any desire for me to even look for tade, probably could have scalped L & S parity, but nah, I am watching geppy and ej, if their bears can get a foothold, will hurt other ladies bears, but I posted earlier is wierd becuase they have swung back into sync and if geppy and ej bears kick in, it could / should be quick, violent pips
If you are new to Forex? Say Goodbye to your account!!
  • #796,980
  • May 13, 2013 3:02am May 13, 2013 3:02am
Quoting Cornelis
Gold is plunging the last fiew weeks. I cant see that the acconomy is getting any more stable to justify that. Pritty soon Ill be looking to jump in Long on gold and silver
Stable economy is actually bad for Gold Cornelis. People flee to this metal while seeing fiat currencies devaluating all around the world. It is simmilar like Bitcoins. People are simply trying to somehow avoid holding a fiat currency. Precious metals are great way to do it. Till this money printing continues, Gold should gain. Nevertheless, price of Gold has been fuelled by this massive world devaluation for quite some time, so right now its price is quite fragile. Understand, price of gold is very emotional. There are just a few ways how to use gold in manufacturing. All it is is store of value, but the value is here only for as long as there is a chance there is some bigger fool who will buy your gold, when you wanna sell it. There are still many fools around and imo Gold could go like to 4K in five years. Nevertheless, as I ve said, its price is fragile and current downtrend was caused by slump in Chinese demand combined with Aussie ratecut. China aint some small country, this effect can prevail for quite some time.
"I know one thing, that I know nothing." Sokrates
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