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Help Me Establish The GbpUsd After Dinner Club 40 replies

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The Club!

  • #8,681
  • Sep 18, 2013 12:40pm Sep 18, 2013 12:40pm
Quoting theDHT
{quote} Shes a mean bitch that one... If demark is right... Time may come soon... We have german elections which may help... Wile e coyote always falls off the cliff eventually!
Inserted Video
Those who say it cannot be done should not interrupt those who are doing it
  • #8,682
  • Sep 18, 2013 12:42pm Sep 18, 2013 12:42pm
Quoting theDHT
{quote} Shes a mean bitch that one... If demark is right... Time may come soon... We have german elections which may help... Wile e coyote always falls off the cliff eventually!

hahaha! true! restricting movement to the horizontal has never been low risk for Wiley E...

sometimes we feel like Wiley E Coyote, but ultimately there's a King Fu Panda inside all of us.
cryptocurrency everytime
  • #8,683
  • Sep 18, 2013 12:44pm Sep 18, 2013 12:44pm
Quoting PipTrapper
{quote} http://www.youtube.com/watch?v=hz65AOjabtM
Lol

Slammed on the way up
Slammed on the way down...

Another day on the job... Shrug it off and keep walkin!

This business aint for the thin skinned!!

"you miss 100% of the shots you dont take" - michael jordan
90% of people, are wrong about 90% of everything, 90% of the time...
  • #8,684
  • Sep 18, 2013 12:46pm Sep 18, 2013 12:46pm
Quoting PipTrapper
http://www.youtube.com/watch?v=hz65AOjabtM
Hilarious.

That's what happened to my UCad long.

Forward guidance works a treat if you are the banks & the Lord of Money has forward guided for you.
  • #8,685
  • Sep 18, 2013 12:50pm Sep 18, 2013 12:50pm
by the way - and to get a communal EW count going:

have a look at XAUUSD since today's low from 1,292. Notice on M5 how the rise starts with what looks like a 3 wave structure ("3w", to distinguish from wave 3) up, then a 3w structure down, followed by this 5w impulse up.The impulse is currently in its subwave 5 - which in commodities extends... so XAU (and XAG) should still have some upside. Don't take my word for it - I'm just getting a count going since there are a few people interested in EW.

We'll follow it as it unfolds from the low at 1,292

edit: had to correct the spelling on 'communal' up there... looked like "Communist Manifesto" when i checked my post!
cryptocurrency everytime
  • #8,686
  • Sep 18, 2013 12:54pm Sep 18, 2013 12:54pm
Quoting PipTrapper
{quote} http://www.youtube.com/watch?v=hz65AOjabtM
...and all he actually wanted to do is shoot an arrow at his target!

we laugh at our rotten luck (Coyote) but the truth is: keep on swimming!
cryptocurrency everytime
  • #8,687
  • Sep 18, 2013 12:59pm Sep 18, 2013 12:59pm
Quoting venzen
{quote} ...and all he actually wanted to do is shoot an arrow at his target! we laugh at our rotten luck (Coyote) but the truth is: keep on swimming!
He can be the honorary mascot for non market moving traders everywhere... Lol
90% of people, are wrong about 90% of everything, 90% of the time...
  • #8,688
  • Sep 18, 2013 1:03pm Sep 18, 2013 1:03pm
Red and green hard-ons in every chart
Benny must be so proud.

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Those who say it cannot be done should not interrupt those who are doing it
  • #8,689
  • Sep 18, 2013 1:04pm Sep 18, 2013 1:04pm
Quoting theDHT
{quote} He can be the honorary mascot for non market moving traders everywhere... Lol

yeah! i bet each of us somedays feel like we make connection with our "inner Coyote"
cryptocurrency everytime
  • #8,690
  • Sep 18, 2013 1:05pm Sep 18, 2013 1:05pm
Quoting PipTrapper
Short E/U 1.3503 Target 1.3453 SL 1.3513 RR: 5:1 PO Buy 1.3453 1st Target 1.3515 2nd target open and trailed after 1st target reached SL 1.3443 RR: 5:1 EURUSDCALL
Short E/U at 1.3503 stopped out at 3513 -10 pips

No mercy today.

Still remaining PO buy at 1.3453

EURUSDCALL
Those who say it cannot be done should not interrupt those who are doing it
  • #8,691
  • Sep 18, 2013 1:08pm Sep 18, 2013 1:08pm
Quoting PipTrapper
{quote} Short E/U at 1.3503 stopped out at 3513 -10 pips No mercy today. Still remaining PO buy at 1.3453 EURUSDCALL
Re-entered short at 1.3513
Target 1.3453
SL 1.3523
RR 6:1

EURUSDCALL
Those who say it cannot be done should not interrupt those who are doing it
  • #8,692
  • Sep 18, 2013 1:09pm Sep 18, 2013 1:09pm
Quoting PipTrapper
{quote} No I think they did taper. Unfortunately they didn't taper the bond purchases, but they tapered my account equity
You're making too much gains Pt, they needed to slow down the pace, your account equity is devastating the markets !! lol

Yea so the message is now let's get ready for a QE4 ? But surely same way these smart foxes will find a new trick to let peoples anticipate a QE4 and suddenly start taper for real ?

I believe main message is yes, QE has somehow improved labour conditions (or just avoided a total crash). So if this was the main anti-crash system, there MUST be another tool (else that forward guidance) to come or already in action. But what?

BB will leave the boat soon, and like to say that yes QE has had some result but I'm sure he'll be happy not to be there anymore when the question will be: okay, we've played QE card(s), still not reached target, so? What do we do now??

This coming question is the one that may have been enough for Larry Summers withdrawing from Fed chair consideration. The hawkish guy may have heard from this conference contents last Sunday...So if even hawkish are afraid by evidence of UNtapering, who can challenge this then? Dovish Janet Yellen ? With coming issues about fiscal debate and debt ceiling vote...Draghi will have serious work coming in next to keep the EUR "below the agreed bands" toward US. Not sure the old Greek bonds stuff would be enough that time.

Hey PT, I got some news saying you're gonna engaged into the race as a Fed chair frontrunner ? When are you giving the conference ?
  • #8,693
  • Sep 18, 2013 1:11pm Sep 18, 2013 1:11pm
Quoting PipTrapper
Red and green hard-ons in every chart Benny must be so proud. {image}

i think his own personal boner comes from looking at the equities spike up - but what he doesn't know is that those are diverging so hard at all TFs that a blood-draining reversal is pretty much guaranteed!
cryptocurrency everytime
  • #8,694
  • Sep 18, 2013 1:12pm Sep 18, 2013 1:12pm
Santelli just made a great point: next time the subject of tapering comes up, volatility will be much higher than this time around...
I guess benny wont be around for the q&a
Thanks for nothing...
90% of people, are wrong about 90% of everything, 90% of the time...
  • #8,695
  • Sep 18, 2013 1:17pm Sep 18, 2013 1:17pm
Quoting PipTrapper
{quote} Re-entered short at 1.3513 Target 1.3453 SL 1.3523 RR 6:1 EURUSDCALL
Stopped out at -10 again.
No more for me tonight.
I'm off to bed.
London session tomorrow is going to be interesting.

Good night all.
Those who say it cannot be done should not interrupt those who are doing it
  • #8,696
  • Sep 18, 2013 1:19pm Sep 18, 2013 1:19pm
Quoting PipTrapper
{quote} Stopped out at -10 again. No more for me tonight. I'm off to bed. London session tomorrow is going to be interesting. Good night all.

night PT
cryptocurrency everytime
  • #8,697
  • Sep 18, 2013 1:21pm Sep 18, 2013 1:21pm
After reading this thread. I've made Coyote my profile picture!

I'm holding off placing any trades with the USD at the moment. As much as I think the USD will bounce back I don't have much of an insight or opinion when that will be and therefore I guess its all about being patient and waiting right? It could be hours or days until it turns around...or longer(?)

I'm kinda new to Forex trading so I'm just watching and learning to see how the market and charts react to this news.
  • #8,698
  • Sep 18, 2013 1:24pm Sep 18, 2013 1:24pm
Im also gonna take the evening off...

Have slept for 3 hors in the last 2 days preparing for this event... Which was about as far from an anti-climax as could be

Gonna catch some z's

Good fight
Good night
90% of people, are wrong about 90% of everything, 90% of the time...
  • #8,699
  • Sep 18, 2013 1:25pm Sep 18, 2013 1:25pm
Quoting theDHT
Santelli just made a great point: next time the subject of tapering comes up, volatility will be much higher than this time around... I guess benny wont be around for the q&a Thanks for nothing...

"fool me once... er, it means I can't be fooled!"

playing crywolf never works out well. Prechter (orone of his analysts) makes the point that the Fed think that it is they who control the markets. They walk the walk and talk the talk. To some extent they do, but only because market participants defer to the central banks. Now that the Fed has cried wolf (and cost a lot of people a lot of money on false "forward guidance") sentiment will start to turn against the Fed. Soon they will discover that they do not, in fact, have control over the market - and never really had.
cryptocurrency everytime
  • #8,700
  • Sep 18, 2013 1:26pm Sep 18, 2013 1:26pm
Quoting theDHT
Im also gonna take the evening off... Have slept for 3 hors in the last 2 days preparing for this event... Which was about as far from an anti-climax as could be Gonna catch some z's Good fight Good night

night DHT

i'm out too.
cryptocurrency everytime
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