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EURUSD

  • #840,061
  • Oct 2, 2013 7:59pm Oct 2, 2013 7:59pm
Quoting Magix
{quote} Pondering some longs on M5 support for AUDUSD... Just not feeling the love yet...

Well, I bit...

Will it bite back?
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #840,062
  • Oct 2, 2013 8:03pm Oct 2, 2013 8:03pm
Quoting Magix
{quote} Pondering some longs on M5 support for AUDUSD... Just not feeling the love yet...

what about 3563/65?
those who can, do. those who cant, talk about those who can
  • #840,063
  • Oct 2, 2013 8:03pm Oct 2, 2013 8:03pm
Quoting Magix
{quote} Well, I bit... Will it bite back? {image}
Half out with a quick 9er, let the rest ride as freebies!
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #840,064
  • Oct 2, 2013 8:06pm Oct 2, 2013 8:06pm
Quoting gatorinla
{quote} what about 3563/65?
Supported on the M1, I can't sell into that.
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #840,065
  • Oct 2, 2013 8:08pm Oct 2, 2013 8:08pm
Quoting Magix
{quote} Well, I bit... Will it bite back? {image}

pm in a sec
those who can, do. those who cant, talk about those who can
  • #840,066
  • Oct 2, 2013 8:10pm Oct 2, 2013 8:10pm
Quoting KillerWhale
{quote} I would like to ban every republican in us congress!
Why? Couple more days and US will be debt free... Look at the bright side! ....
Sorry, it was to easy!
  • #840,067
  • Oct 2, 2013 8:13pm Oct 2, 2013 8:13pm
Quoting Jaro
{quote} Why? Couple more days and US will be debt free... Look at the bright side! .... Sorry, it was to easy!
how could he , is bank balance first digit not zero and have lot of tailing zero's
Mohan
  • #840,068
  • Oct 2, 2013 8:14pm Oct 2, 2013 8:14pm
Quoting Jaro
{quote} Why? Couple more days and US will be debt free... Look at the bright side! .... Sorry, it was to easy!

the deficit projections are getting lower
those who can, do. those who cant, talk about those who can
  • #840,069
  • Oct 2, 2013 8:15pm Oct 2, 2013 8:15pm
1h
those who can, do. those who cant, talk about those who can
  • #840,070
  • Oct 2, 2013 8:29pm Oct 2, 2013 8:29pm
Quoting mohan76
{quote} how could he , is bank balance first digit not zero and have lot of tailing zero's
Dont they have a printing press?
  • #840,071
  • Oct 2, 2013 8:34pm Oct 2, 2013 8:34pm
FOR THOSE WHO WANT TO GO LONG THE EURO:

Guys, I have thought for over 6 months already that the Euro has been artificially propped up against many other currencies. And in fact, correct me if I am wrong, the EUR/USD has hurt more day traders and even swing traders like myself who prefer daily charts as the chop as well as the lack of follow thru in either direction for months and months now tells us that support is coming in from somewhere....but which side???? I havent seen one guy on any forum who says they are "doing well" on this pair for more than 2 or 3 days in a row. Sickening. I myself have been looking to short this thing into hell where it belongs with all the looming bankruptcies and the rioting in Greece,etc but I now learned after 15 yrs trading what they mean by the old saw : The markets can remain irrational a lot longer than you can stay solvent." So we who love to play the euro be it long or short what do we do? How about back to basics...looking for one euro pair that keeps on trending regardless of news, manipulation or any reality of any kind. Now....take a look at the EUR/CAD on the daily. Looks pretty good? Now scroll back more...now more, now more.....and we see THIS THING HAS BEEN GOING UP FOR YEARS!!!! Why would we want to mess around with Eur/usd???????????

And for you day traders, look at the hrly charts, this thing is a gift now as its in the red from tiny asian money and we all know at 3am when the London boys finish their tea and scones, whats going to happen. Set wide,wide stops on this one guys. We dont want one bad day or one bad hour where a big wick or tail knocks up out. I just put on the biggest position of the week right now long on this EUR/CAD. Can someone give me any reason whether its fibs, S/R/ moving averages, anything you want, why you would bet against this pair. And so what if there is a resistance in 200 pips. Look at the weekly on this sucker and youll see it means nothing. Somebody is getting awfully rich keeping the CAD very weak, why not get in NOW on what might be the last few months of the run????

disclaimer: Im [email protected] and bought in on 10/2/13
  • #840,072
  • Oct 2, 2013 8:35pm Oct 2, 2013 8:35pm
Quoting gatorinla
{quote} let the pot smokers out.. stop arresting the pot smokers. that's 40k savings a year. add in the extra police, cars, courts, and the retirements and we got a weinnnner. plant pot on all interstates green-spaces and other public lands.
Totally agree with you, I'm from Dutchmenland, (the Netherlands) where all pot is legal.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #840,073
  • Oct 2, 2013 8:39pm Oct 2, 2013 8:39pm
Quoting Jaro
{quote} Dont they have a printing press?

paper might cost more if they print to pay off all debt.
Mohan
  • #840,074
  • Oct 2, 2013 8:40pm Oct 2, 2013 8:40pm
Quoting Silat50
FOR THOSE WHO WANT TO GO LONG THE EURO: Guys, I have thought for over 6 months already that the Euro has been artificially propped up against many other currencies. And in fact, correct me if I am wrong, the EUR/USD has hurt more day traders and even swing traders like myself who prefer daily charts as the chop as well as the lack of follow thru in either direction for months and months now tells us that support is coming in from somewhere....but which side???? I havent seen one guy on any forum who says they are "doing well" on this pair for...
lol
  • #840,075
  • Oct 2, 2013 8:42pm Oct 2, 2013 8:42pm
Quoting Silat50
disclaimer: Im [email protected] and bought in on 10/2/13
Disclaimer.

I'm long from about 15 or 20 minutes ago...

Got my fingers crossed for you dude.

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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #840,076
  • Oct 2, 2013 8:52pm Oct 2, 2013 8:52pm
Quoting mohan76
{quote} paper might cost more if they print to pay off all debt.
  • #840,077
  • Oct 2, 2013 8:54pm Oct 2, 2013 8:54pm
Quoting Magix
{quote} Disclaimer. I'm long from about 15 or 20 minutes ago... Got my fingers crossed for you dude. {image}

Wishing you luck too, magix!!! So no one here has answered my question. Why is the EUR/USD basically at a stand still for months, when the EUR/CAD has been roaring like a freight train on steroids. And we both know the CAD is a lot "safer' play than the USD is right now. So why is the Euro decimating the CAD for 2-3 yrs!!!!!!...............but not the USD?

Remember boys, 11 banks control 85% of the volume in Forex. I guess if they want the Eur/ usd to keep knocking out the short term scalpers and 30 min chart traders for another 2 yrs, they certainly can do it. But why do they want the CAD so low. Who benefits? Unless China is behind this so they can do some musical chairs and trade their currency for loonies and buy the hell out of the whole countries resources! Hmmmm.... China might be our new next door neighbor in 2-3 more years and it was all done so quietly we never knew a thing. Imagine if China threatened not to sell us oil. We DO get 20% of your oil from Canada? Just playing with different situations as to why the banks are loading up month after month on this EUR/CAD. DONT FIGHT THE TREND! LOL aND IMAGINE IF THE eur/usd was the only pair you could trade? Ha! 60% of traders would definitely close their accounts. Me for sure.
  • #840,078
  • Oct 2, 2013 8:57pm Oct 2, 2013 8:57pm
Quoting Magix
{quote} Supported on the M1, I can't sell into that. {image}

pm
those who can, do. those who cant, talk about those who can
  • #840,079
  • Oct 2, 2013 8:59pm Oct 2, 2013 8:59pm
Quoting Silat50
{quote} Wishing you luck too, magix!!! So no one here has answered my question. Why is the EUR/USD basically at a stand still for months, when the EUR/CAD has been roaring like a freight train on steroids. And we both know the CAD is a lot "safer' play than the USD is right now. So why is the Euro decimating the CAD for 2-3 yrs!!!!!!...............but not the USD? Remember boys, 11 banks control 85% of the volume in Forex. I guess if they want the Eur/ usd to keep knocking out the short term scalpers and 30 min chart traders for another...
i don't think they control volume ,but they do control pa (& feed) , Most of our order placed with market making brokers or on their network, not on actual market
Mohan
  • #840,080
  • Oct 2, 2013 9:00pm Oct 2, 2013 9:00pm
Quoting Silat50
{quote} Ha! 60% of traders would definitely close their accounts. Me for sure.
The market consumes 90% of new accounts that get opened. At a rate of 2000 new per day, I don't think you and the other 60% would make the stats.

Really dude, I am just a technical trader, could really give a shit less about the fundies behind who is driving the bus.

Rationalize your position how you will, there is a good chance you will see some prosperity, just a matter of will you have the patience to stick it out until you see a payday?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
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