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  • #846,221
  • Oct 23, 2013 2:37am Oct 23, 2013 2:37am
Quoting milam
{quote} yesterday move was just the final stroke to get in more trapped bulls, get ready for a 300 pips downwards, Bro.
yup us data fuken bastards

cable and geppy kiwi and aussie huge plop, I post yesterday I thought was going to be big, weeks not days, the pop fuked up a good plan
swissy looking to bounce with UC and eu got no choice but to fall over and die
If you are new to Forex? Say Goodbye to your account!!
  • #846,222
  • Oct 23, 2013 2:37am Oct 23, 2013 2:37am
EUR/USD:

A 20 min chart attached ...

Quoting kibrul
Rally base Drop happening..........

Yup ...

EXIT with all the rest of remaining positions here and now @ 1.37600 ...

09h31 CET


;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #846,223
  • Oct 23, 2013 2:39am Oct 23, 2013 2:39am
Quoting John Gray
{quote} They downgraded US debt. I believe to A when all other rating agencies rate US debt (i suppose Treasury Bonds) as AAA?? I believe the ratings are right, but the point is there
Chinese agency doesn't have the power to downgrade USA. In the end, rating agencies are like sales agents - their true powers appear when markets trade on their ratings ... but this was not the rummor that circulated at the time ! This rummor /speculation i think will set the tune of a very heavy beating China will be taking in the next few days. It was very scary when i read it & still is ... anyone ?!
"It's the Margin, Stupid."
  • #846,224
  • Oct 23, 2013 2:39am Oct 23, 2013 2:39am
Quoting mohan76
{quote} first it was rumor , then http://www.bloomberg.com/news/2013-1...-defaults.html
Mhm, thanks mate.

edit: btw, another partial and reenter on UJ. Kinda easier from home than from bardesk while hearing drunken shouts.
"I know one thing, that I know nothing." Sokrates
  • #846,225
  • Oct 23, 2013 2:42am Oct 23, 2013 2:42am
Quoting Tom_D_Trader
{quote} I know. Actually I dont know what to say, as am already spamming heavy and guys will be pissed of soon. But lets just say its not those guys drawing trendlines and watching MACD and Stoch, who provide liquidity to market. Not saying TLs are useless, but they just show general direction, not price.
hey my puppy friend, who said trendlines are useless?

Attached Image (click to enlarge)
Click to Enlarge Name: euro_058.png Size: 19 KB
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #846,226
  • Oct 23, 2013 2:43am Oct 23, 2013 2:43am
Quoting KiwiTrada
{quote} yup us data fuken bastards cable and geppy kiwi and aussie huge plop, I post yesterday I thought was going to be big, weeks not days, the pop fuked up a good plan swissy looking to bounce with UC and eu got no choice but to fall over and die
Yes, I know I commented on your GU shorts trades, I closed my GU short for a +10 pips minutes before the news, I prefer to be on the side when I do not understand things.
Wherever you go, there you are.
  • #846,227
  • Oct 23, 2013 2:43am Oct 23, 2013 2:43am
Quoting Tom_D_Trader
{quote} Wut happened? {quote} Aint you talking bout that extending of swap agreements with ECB? That was like 5 weeks ago.
I wasn't aware of that swap agreement, but its not it ...

Here is a hint , a small one : What's the real risk of a USA debt ceiling for world economy? remember how Lagarde was quoted on how dangerous congress is playing with the world economy. Then, few days later a specific Chinese rumor started circulating and intensifying
"It's the Margin, Stupid."
  • #846,228
  • Oct 23, 2013 2:44am Oct 23, 2013 2:44am
e/u st need a close sub 3746.3 to aim at 3709.8.
laterz, when we got there.
  • #846,229
  • Oct 23, 2013 2:44am Oct 23, 2013 2:44am
Quoting Tom_D_Trader
{quote} I know. Actually I dont know what to say, as am already spamming heavy and guys will be pissed of soon. But lets just say its not those guys drawing trendlines and watching MACD and Stoch, who provide liquidity to market. Not saying TLs are useless, but they just show general direction, not price.
Quite right they show direction, so as a trader I would look for that. and when it fails (like its doing now), I did expect some serious move down
  • #846,230
  • Oct 23, 2013 2:46am Oct 23, 2013 2:46am
Any chance of hitting 1.3650 today? My instict says that U/CHF will hit 0.90 in a couple hours.
  • #846,231
  • Oct 23, 2013 2:49am Oct 23, 2013 2:49am
Quoting Skay
{quote} Quite right they show direction, so as a trader I would look for that. and when it fails (like its doing now), I did expect some serious move down
Man, am sorry, I would like to continue, but this really is spam, as London is opened and people here need to focus (including me). If you wish, we can continue via PM or on weekend. But I am not of those especially listening to any technicals, especially such primitive ones as TL, so think am not your man.

edit: and flat.
"I know one thing, that I know nothing." Sokrates
  • #846,232
  • Oct 23, 2013 2:49am Oct 23, 2013 2:49am
The rumor was:

China is about to introduce its currency as a new world reserve currency, in the next meeting of G10 - if i remember correct.
"It's the Margin, Stupid."
  • #846,233
  • Oct 23, 2013 2:53am Oct 23, 2013 2:53am
Quoting gatorinla
{quote} too many tops for me to consider. i dont have a bias yet.. if i did and it was bearish. 1388 Dow would be my target min atm, w/o a hh
i do not want a stock market crash. A correction to the bottom trendline is already very good for my spx shorts,

Attached Image (click to enlarge)
Click to Enlarge Name: spx_059.png Size: 14 KB
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #846,234
  • Oct 23, 2013 2:53am Oct 23, 2013 2:53am
Quoting gatorinla
looks like 3758 min will get a visit. speculation...

this one didn't bounce to 83/84,,, its got stealth power.. ..
those who can, do. those who cant, talk about those who can
  • #846,235
  • Oct 23, 2013 2:53am Oct 23, 2013 2:53am
Bulls are under thread, if 1.3720 break I will see 1.3650. cable data may be nagative.
Good thoughts and actions can never produce bad results.
  • #846,236
  • Oct 23, 2013 2:54am Oct 23, 2013 2:54am
Quoting milam
{quote} Yes, I know I commented on your GU shorts trades, I closed my GU short for a +10 pips minutes before the news, I prefer to be on the side when I do not understand things.
wise move bro, news is dangeros, I held only because was asleep, midweek nfp just dosnt seem right, lost my last 2 entries in red on cable and all of earlier entries green, sort of bitter sweet,
posted this daily cable chart friday but that falling tl now in play, what I thought was H&S got nfp fuked up, but guess is not to bad a double top @ resistance, so game plan is still the same, Im thinking as long as highs hold, we could be heading south for a good chunk of pips,
Attached Image (click to enlarge)
Click to Enlarge Name: cable daily 18 10 2013.png Size: 55 KB
If you are new to Forex? Say Goodbye to your account!!
  • #846,237
  • Oct 23, 2013 2:56am Oct 23, 2013 2:56am
Quoting ffleo
{quote} is Ken_A still here?
You just witnessed real life experience why this thread was quiet lol
  • #846,238
  • Oct 23, 2013 2:58am Oct 23, 2013 2:58am
Quoting ffleo
{quote} i do not want a stock market crash. A correction to the bottom trendline is already very good for my spx shorts, {image}

i dont want one either, but the fed and the ecb and the shutdown let us get below 80.39 in a struggling economy... so the candle is lit..
those who can, do. those who cant, talk about those who can
  • #846,239
  • Oct 23, 2013 2:59am Oct 23, 2013 2:59am
Quoting Ken A
{quote} You just witnessed real life experience why this thread was quiet lol

shit i am bullish for 414x,, and i expect 3102 first..
those who can, do. those who cant, talk about those who can
  • #846,240
  • Oct 23, 2013 3:01am Oct 23, 2013 3:01am
Quoting gatorinla
{quote} shit i am bullish for 414x,, and i expect 3102 first..
Glad to hear that. Am incompetent, but aim for third HL @ ,32 and then ,42. Silly, really.
"I know one thing, that I know nothing." Sokrates
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