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  • #812,441
  • Jul 5, 2013 8:46am Jul 5, 2013 8:46am
TP... done.



http://www.forexfactory.com/showthre...95#post6790795
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  • #812,442
  • Jul 5, 2013 8:48am Jul 5, 2013 8:48am
even for inside air condition?
Attached Image
trading NAIJA STYLE
  • #812,443
  • Jul 5, 2013 8:48am Jul 5, 2013 8:48am
Quoting Mr Hatch
{quote} The data-release is just the trigger, the PA was decided way before. Except for any catastrophic event, PA doesn't change it's course too often.

that is what i thought. the big money can use the same data as a trigger to go both ways, whichever they like.

both euro and cable at critical support. if support broken, it is all down hill.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #812,444
  • Jul 5, 2013 8:49am Jul 5, 2013 8:49am
unemployment 7.6% bit up.
NFP unchanged
eur a critical level. under means eu crisis 1.27 and under
holding means hope of tapering brakes by bernanky.
  • #812,445
  • Jul 5, 2013 8:50am Jul 5, 2013 8:50am
Quoting Mr Hatch
{quote} The data-release is just the trigger, the PA was decided way before. Except for any catastrophic event, PA doesn't change it's course too often.

if that is the case, then e/u ought to close on a very bullish tone.
trading NAIJA STYLE
  • #812,446
  • Jul 5, 2013 8:51am Jul 5, 2013 8:51am
Quoting ffleo
{quote} that is what i thought. the big money can use the same data as a trigger to go both ways, whichever they like. both euro and cable at critical support. if support broken, it is all down hill.
look at ranges, mark them. then look, how far they overshoot, when and where. there are some secure 'air-pockets' around. in between, cannon-fodder.
  • #812,447
  • Jul 5, 2013 8:56am Jul 5, 2013 8:56am
Quoting ffleo
{quote} that is what i thought. the big money can use the same data as a trigger to go both ways, whichever they like. both euro and cable at critical support. if support broken, it is all down hill.

some way it also depends if the fed would let the sp500 go down from here or bring it up to try new high for the year.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #812,448
  • Jul 5, 2013 8:57am Jul 5, 2013 8:57am
Quoting Rag2RichesFX
thanks gator for the 2814 how could we not enter here 10 pips from the weekly swing low

i wouldn't get comfortable.. we have been skipping normal retraces.. -2795 and a close below 2743 today would be hard to overcome. although a bounce of 350 after may be in the cards after.
those who can, do. those who cant, talk about those who can
  • #812,449
  • Jul 5, 2013 8:59am Jul 5, 2013 8:59am
just update :

http://www.forexfactory.com/showthre...81#post6798981

fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #812,450
  • Jul 5, 2013 9:00am Jul 5, 2013 9:00am
Quoting gatorinla
{quote} i wouldn't get comfortable.. we have been skipping normal retraces.. -2795 and a close below 2743 today would be hard to overcome. although a bounce of 350 after may be in the cards after.
it is right at the level some funds want to play the H&S pattern.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #812,451
  • Jul 5, 2013 9:01am Jul 5, 2013 9:01am
Quoting ffleo
{quote} some way it also depends if the fed would let the sp500 go down from here or bring it up to try new high for the year.

what makes u think they care, people with money buy low.
those who can, do. those who cant, talk about those who can
  • #812,452
  • Jul 5, 2013 9:05am Jul 5, 2013 9:05am
Quoting ffleo
i did not see much change in the NFP data, why such a big drop?

i covered that. 40 years left and over shoot. what goes up, comes down faster.
those who can, do. those who cant, talk about those who can
  • #812,453
  • Jul 5, 2013 9:05am Jul 5, 2013 9:05am
Quoting gatorinla
{quote} what makes u think they care, people with money buy low.

in ur opinion, is sp500 at present level high or low?
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #812,454
  • Jul 5, 2013 9:07am Jul 5, 2013 9:07am
Quoting gatorinla
{quote} i wouldn't get comfortable.. we have been skipping normal retraces.. -2795 and a close below 2743 today would be hard to overcome. although a bounce of 350 after may be in the cards after.
id be shocked if we closed that low today.. but wouldnt rule it out

i already locked 20 pips and re entered 2826...


playing the pull back
Be hopeful in a winning position, and fearful in a losing position.
  • #812,455
  • Jul 5, 2013 9:08am Jul 5, 2013 9:08am
I find it amazing that capricious unemployment numbers can make such a sway. The Feds (U.S.) unemployment game is so silly but it does move markets. The stats are based on alternative measures so the government (Obama) gets to pick and choose what brings him into the most favorable light. The joke is that he is trying to convince everyone that our unemployment is not in the double digits. Actually he's doing a pretty good job but in reality there is no recovery and no job increase (at least relative to the job market population). Oh well, I did strengthen my long position. My seemingly good positions are now bad but waiting it out usually works for me so it's time to celebrate the weekend. God bless America!
Taigen Profit This Month: na
  • #812,456
  • Jul 5, 2013 9:08am Jul 5, 2013 9:08am
Price is just reacting to mofo 2828.25 (3015 from 1352 on 3250.23) and 2809.01 not breached yet. imo
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  • #812,457
  • Jul 5, 2013 9:09am Jul 5, 2013 9:09am
Quoting ffleo
{quote} it is right at the level some funds want to play the H&S pattern.

show me one that has worked. then with the same rules. how many have failed?
those who can, do. those who cant, talk about those who can
  • #812,458
  • Jul 5, 2013 9:12am Jul 5, 2013 9:12am
Quoting Rag2RichesFX
{quote} id be shocked if we closed that low today.. but wouldnt rule it out i already locked 20 pips and re entered 2826... playing the pull back

so you went long?
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #812,459
  • Jul 5, 2013 9:13am Jul 5, 2013 9:13am
Quoting Taigen
I find it amazing that capricious unemployment numbers can make such a sway. The Feds (U.S.) unemployment game is so silly but it does move markets. The stats are based on alternative measures so the government (Obama) gets to pick and choose what brings him into the most favorable light. The joke is that he is trying to convince everyone that our unemployment is not in the double digits. Actually he's doing a pretty good job but in reality there is no recovery and no job increase (at least relative to the job market population). Oh well, I did...

so you went long too? and big long?
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #812,460
  • Jul 5, 2013 9:14am Jul 5, 2013 9:14am
Quoting gatorinla
{quote} show me one that has worked. then with the same rules. how many have failed?
if the H&S fails it would be in my favor. if it works this time i will have to close my long positions.
ignore wackos and psychos, including myself. But I can't add myself to iggy
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