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  • #813,361
  • Jul 9, 2013 10:44am Jul 9, 2013 10:44am
a Long at 2743/50 may be worth a 2741/42 stop
those who can, do. those who cant, talk about those who can
  • #813,362
  • Jul 9, 2013 10:44am Jul 9, 2013 10:44am
Quoting FXMastermind
{quote} ...kinda with you here but I can never afford a pretty big stop The probability is not high but RR too attractive. L @.2765, giving 10
Put your stop under 1.2740 and you'll be safe. I'm pretty sure we will reach 1.28 in the next few hours.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #813,363
  • Jul 9, 2013 10:45am Jul 9, 2013 10:45am
I am thinking close my short..more than 650 pips...i love the extremes
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  • #813,364
  • Jul 9, 2013 10:45am Jul 9, 2013 10:45am
I wouldn't long this week,not here, not without new low for the year, unless you scalp of course
swing it!
  • #813,365
  • Jul 9, 2013 10:47am Jul 9, 2013 10:47am
Quoting Ambar
{quote} ¿Why do you say 1.2660 the goal for the end of summer???
It's where I see support after a break on the weekly. Fundamentals should take us there.
Attached Image (click to enlarge)
Click to Enlarge Name: 2013-07-09-TOS_CHARTS.png Size: 111 KB
When the facts change I change my mind, what do you do sir
  • #813,366
  • Jul 9, 2013 10:48am Jul 9, 2013 10:48am
Quoting KillerWhale
{quote} Put your stop under 1.2740 and you'll be safe. I'm pretty sure we will reach 1.28 in the next few hours.
I envy you if you can be "pretty sure" in the market, I unfortunately don´t possess this unique skill...

...in this case, RR doesn´t work. At least for me. If this goes bottoms up, Gator gave you a few posts back another great setup on a golden plate, which I would also consider.
Quant Hedge Fund CEO
  • #813,367
  • Jul 9, 2013 10:49am Jul 9, 2013 10:49am
Quoting deni b
{quote} WOW Not impressed ! I have hundreds of people like that guy, only they are not involved in forex. Stupidity never ends my friend!!
true perhaps, but look on the bright side: the risks assoc'd w/travel, the strip, coke and whores, alcohol or getting conned/rolled are minimal! so if you're gonna drop a few G's, do it in comfortable and familiar surroundings .
  • #813,368
  • Jul 9, 2013 10:49am Jul 9, 2013 10:49am
Quoting deni b
{quote} WOW Not impressed ! I have hundreds of people like that guy, only they are not involved in forex. Stupidity never ends my friend!!
...literally hundreds, hm? You are working in a broker house or what?
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  • #813,369
  • Jul 9, 2013 10:50am Jul 9, 2013 10:50am
Quoting gatorinla
a Long at 2743/50 may be worth a 2741/42 stop
Quant Hedge Fund CEO
  • #813,370
  • Jul 9, 2013 10:51am Jul 9, 2013 10:51am
Quoting BlueCirrus
Here's a bit of news that might be of interest to you: http://www.tradingfloor.com/posts/ma...nks-1939469058 http://www.bloomberg.com/news/2013-0...ital-vote.html 1.2780?...Maybe, but I show 1.2760 as the next marker and then 1.2744...........
61.4 so far...Due for a bounce anytime...1.2722 and 1.2685 are on deck later...

The new U.S. bank capital requirements mentioned in the articles above may have some effect going forward....
l8r...
  • #813,371
  • Jul 9, 2013 10:51am Jul 9, 2013 10:51am
Hm, Asmussen is not really helping...
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  • #813,372
  • Jul 9, 2013 10:55am Jul 9, 2013 10:55am
Quoting FXMastermind
Hm, Asmussen is not really helping...
I guess if you're long
When the facts change I change my mind, what do you do sir
  • #813,373
  • Jul 9, 2013 10:56am Jul 9, 2013 10:56am
Quoting Pip Anon
{quote} I guess if you're long
You guess right.
Quant Hedge Fund CEO
  • #813,374
  • Jul 9, 2013 10:59am Jul 9, 2013 10:59am
Quoting FXMastermind
{quote} I envy you if you can be "pretty sure" in the market, I unfortunately don´t possess this unique skill... ...in this case, RR doesn´t work. At least for me. If this goes bottoms up, Gator gave you a few posts back another great setup on a golden plate, which I would also consider.
My friend, it's actually pretty easy.
You have to trust your own vision, add to that a lot of just common sense.
Like right now EU has gone down 135 pips in a few hours.
Wouldn't it be likely to get a little bit of retrace?

Sometimes that doesn't happen, like with FOMC 2 weeks ago, I expected that.

But today there is no reason for no retrace.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #813,375
  • Jul 9, 2013 11:00am Jul 9, 2013 11:00am
good night folks
been there done that, Good Bye
  • #813,376
  • Jul 9, 2013 11:00am Jul 9, 2013 11:00am
Quoting FXMastermind
{quote} You guess right.
Being long euro can be bad for your health
When the facts change I change my mind, what do you do sir
  • #813,377
  • Jul 9, 2013 11:00am Jul 9, 2013 11:00am
Quoting gatorinla
a Long at 2743/50 may be worth a 2741/42 stop
2763.8 is the mid of 2012 range. For those who can afford a wider stop, 2763/2766 is a place to go long..
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  • #813,378
  • Jul 9, 2013 11:00am Jul 9, 2013 11:00am
Quoting gatorinla
{quote} i never said i was going long..i was answering a question
Do not you fell that sometimes we are asking for a bounce, but the market can keep a lot of time with small bounces and big dips, if the movement is a weekly or monthly movement??
  • #813,379
  • Jul 9, 2013 11:01am Jul 9, 2013 11:01am
Quoting KillerWhale
{quote} My friend, it's actually pretty easy. You have to trust your own vision, add to that a lot of just common sense. Like right now EU has gone down 135 pips in a few hours. Wouldn't it be likely to get a little bit of retrace? Sometimes that doesn't happen, like with FOMC 2 weeks ago, I expected that. But today there is no reason for no retrace.
You have to combine Tech stuff with Fundamental stuff.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #813,380
  • Jul 9, 2013 11:03am Jul 9, 2013 11:03am
Quoting Pip Anon
{quote} It's where I see support after a break on the weekly. Fundamentals should take us there. {image}
¿do you not consider a monthly break???
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