{quote} Yep{image} {image}
There is no spoon....
- #51,443
- Edited 9:04pm Jun 18, 2013 8:53pm | Edited 9:04pm
- Joined Feb 2011 | Status: Trader | 1,825 Posts
london always pump back my entry , but i think its a good place to jump
- #51,448
- Jun 18, 2013 9:38pm Jun 18, 2013 9:38pm
Quoting rxJano
{quote} did anyone else read the news ? why not follow the bankers move ? xD
Nice pickup!!!
Wow but why would MS disclose this??? Serious question...
- #51,452
- Jun 18, 2013 11:43pm Jun 18, 2013 11:43pm
- Joined Feb 2011 | Status: Trader | 1,825 Posts
Shorting with the EUR/USD along with the bank. http://www.efxnews.com/story/19311/a...-targeting-128
- #51,454
- Edited 1:16am Jun 19, 2013 12:59am | Edited 1:16am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
{quote} did anyone else read the news ? why not follow the bankers move ? xD
{quote} Nice pickup!!!
That should be an obvious reason, but there is a better reason, too.
Either you learn to trade the market by reading the clues from price, volume and S&R which the market will leave, or you become an idiot robot reacting to your favorite "source", which eventually will lead you to your slaughter.
keep looking to feed off carrots hanging from the ends of strings, or learn to be a hunter yourself.
-tah
- #51,455
- Jun 19, 2013 1:32am Jun 19, 2013 1:32am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
- #51,456
- Jun 19, 2013 1:52am Jun 19, 2013 1:52am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
- #51,458
- Jun 19, 2013 2:14am Jun 19, 2013 2:14am
- | Joined Nov 2011 | Status: the probability trader | 1,110 Posts
{quote} Morgan Stanley added a new short EUR/USD position to its macro portfolio via selling $10 million in cash from 1.3310, with a stop at 1.3440, and a target at 1.2800. LOL! Should i work for Morgan Stanley! Quoting o0AxeL0o {quote} Msis sincerely if you can wait 1.345 do it, the pump/dump is going to be drastical and could touch 1.345 at Max. Only 5 pips difference! Thanks for the web, added to my bookmarks!
Ok, lets imagine they are REALLY know about this deal, but what if this one deal is only for PR and the same time they have opposite (TOP SECRET) long trade in 10 times bigger then short?
Also the same site has another points of view from other MM.
Bank of America saying about down trend:
"Our 1.25 EUR/USD forecast for end-2013 is predicated on the view that as we approach 2014, the US fiscal consolidation will become more publicized just when the negative fiscal headwinds on growth start to fade," BofA outlines the macro rationale behind its bearish EUR/USD view.
But CITI has an opposite forecast:
EUR/USD At 1.37, GBP/USD At 1.61 In 0-3 Months...& Forecasts For Other Majors - Citi
Everything is possible!!! Step by Step...
- #51,459
- Edited 2:28am Jun 19, 2013 2:16am | Edited 2:28am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
Good morning guys. Big day today with the most important US news in months. http://www.youtube.com/watch?v=bKI6MWapfr0
Sonicers,
The news to which Tymedu refers comes out almost eleven hours from now, starting at 2pm EST, the USD FOMC Statement. There is much time for the MMs (Market Manipulators: market makers, banks, bank/investment houses, huge hedge funds,....any or all of them) to mess with the prices thru this long day in order to stop out and trigger in, whatever needs doing, so they can screw everyone else but themselves, including each other! There is no honor among thieves. And we are small fry fish just getting in the way and getting slaughtered in the process. The point being.....
.....if there was ever a time to add to a trade, or to open a trade, now is not it! There will be many more opportunities once the dust settles from the giants battling. If you are already in trades, mind your SLs. If they are too close, you are sure to be slaughtered before making it to the party if giant whips become part of the strategies put into play today, which could mean even hours following the news!
Sit back and relax. Watch the Thieves all beat each other up today.
-tah
- #51,460
- Jun 19, 2013 2:42am Jun 19, 2013 2:42am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
{quote} It is incredible how many people are reading this manipulated shit
Hit the Nail on the Head!
DmitryFX,
You hit the nail squarely on the head!
A lot of people live to absorb such garbage in order to be assured they are on the correct side of the SM (Smart Money) moves. If one looks closer, even the apparent conflicting predictions are not conflicting at all. In this case the price could first soar to one prediction (0-3 months) then plummet to another prediction (year end). Gee, so there is the Grand Trading Plan,.....all laid out for the Seekers of Truth!
Of course, another benefit, and maybe the primary benefit to those people behind these "Talking Heads" is that many folks cannot ingest such varying predictions, and will end up trading as totally confused prey, constantly trying to fit price action into the garbage they read instead of simply reading the charts!
-tah