I entered another short at EU. Set and forget? I'll try.
Short the bitch down to 1.25
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- #181
- Nov 14, 2013 10:06am Nov 14, 2013 10:06am
- | Commercial User | Joined Mar 2012 | 1,978 Posts
Short the bitch down to 1.25
- #182
- Nov 14, 2013 10:17am Nov 14, 2013 10:17am
- | Commercial User | Joined Mar 2012 | 1,978 Posts
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- #183
- Nov 14, 2013 10:32am Nov 14, 2013 10:32am
- | Commercial User | Joined Mar 2012 | 1,978 Posts
I entered another short at EU. Set and forget? I'll try.
Is there any other way?!
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- #184
- Nov 14, 2013 11:12am Nov 14, 2013 11:12am
- | Commercial User | Joined Mar 2012 | 1,978 Posts
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- #185
- Nov 14, 2013 11:13am Nov 14, 2013 11:13am
- | Commercial User | Joined Mar 2012 | 1,978 Posts
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{quote} Is there any other way?!
A France minister for...I forgot (economy ?) when EU was at 1.36 said that just a 10% drop in value would benefit with thousands of new employees in France and a boost in exports. A 10% from 1.36 would be 1.2240 which is not bad. And what about 20% drop which this minister also mentioned? Even better, he said, smaller unemployment and much better exports. It seems that if euro start to rise again to 1.38 France would throw an A-bomb at themselves just to cause some drop at the single currency.
"The secret of politics? Make a good treaty with Russia." Otto von Bismarck
- #187
- Nov 14, 2013 6:15pm Nov 14, 2013 6:15pm
- | Commercial User | Joined Mar 2012 | 1,978 Posts
{quote} A France minister for...I forgot (economy ?) when EU was at 1.36 said that just a 10% drop in value would benefit with thousands of new employees in France and a boost in exports. A 10% from 1.36 would be 1.2240 which is not bad. And what about 20% drop which this minister also mentioned? Even better, he said, smaller unemployment and much better exports. It seems that if euro start to rise again to 1.38 France would throw an A-bomb at themselves just to cause some drop at the single currency.
And this is why Fundamental analysis is the best thing, period. Economic conditions make price go up or down, and its a coin flip is previous tops and bottoms will hold again. That's gambling to me, I know the techies hate me
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- #188
- Nov 14, 2013 6:18pm Nov 14, 2013 6:18pm
- | Commercial User | Joined Mar 2012 | 1,978 Posts
I see you down there sometimes, AmazingGrace 
Hope you are pleased with my performance so far.
Hope you are pleased with my performance so far.
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- #190
- Nov 14, 2013 6:52pm Nov 14, 2013 6:52pm
- | Commercial User | Joined Mar 2012 | 1,978 Posts
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Bikov, i agree with you and the bear sign. With the AUDNZD monthly quadruple bottom,(a triple bottom called out by Ian on page 7) I'm grabbing some longs.
I hope it's a bear sign, it's time for euro to go down. Trading the fiber is getting tough as driving a car on a slippery road with no signalization in a dark night. Trading UJ is much easier - Japan wants a party in US style and they'll get it ,the whole world is letting them to have fun (devaluing yen). But euro..there are Germans who want austerity, France crying for devaluation, states at the periphery struggling with high unemployment and social unrests ...On the other side some analyzes points to much cheaper EU markets than US according to P/E. It's confusing but I expect a help from US and the others to EU in a direction of a devaluing the currency, maybe Japanese style. Mostly from US, after all EU is an American project, just to keep Russia away
.
"The secret of politics? Make a good treaty with Russia." Otto von Bismarck
- #195
- Nov 15, 2013 10:58am Nov 15, 2013 10:58am
- | Commercial User | Joined Mar 2012 | 1,978 Posts
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- #198
- Nov 16, 2013 1:35pm Nov 16, 2013 1:35pm
- | Joined Aug 2011 | Status: Trader | 2,640 Posts
Hope you guys had a good week! I still got my audnzd long, She is held up by strong support at 1.12 and as piano man said, quadruple bottom. I would of liked to see a stronger close. Eurusd got smacked from 1.35 and I am short that. See you guys on Sunday!
Hello Bob
Yes short NZ/US an long AUS/NZ
Had pending orders for days,
Lately been looking an trying out longer term in the cross pairs
The hard part is to hold on,I tend to see green take it fast.
You can get caught up in the small moves,while massive moves are happening all the time.
At the moment over loaded in YEN pairs,all good longing US/JPY to 104
but mucked up EUR/YEN thinking it would retrace lower,shorts 135 down 130
If you are trying to build up your account the fast way,then you need
take some risks.
So every Greedy bastard needs a safe place to dump trades,
shorting NZ/US longing EUR/GBP etc an few others
A bit of hand brake on your account until the dust settles.
My target is 25K to100k next year
Just small trades which all add up
Keep posting everybody
- #199
- Nov 17, 2013 4:29am Nov 17, 2013 4:29am
- | Commercial User | Joined Mar 2012 | 1,978 Posts
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- #200
- Nov 17, 2013 4:32am Nov 17, 2013 4:32am
- | Commercial User | Joined Mar 2012 | 1,978 Posts
{quote} Hello Bob Yes short NZ/US an long AUS/NZ Had pending orders for days, Lately been looking an trying out longer term in the cross pairs The hard part is to hold on,I tend to see green take it fast. You can get caught up in the small moves,while massive moves are happening all the time. At the moment over loaded in YEN pairs,all good longing US/JPY to 104 but mucked up EUR/YEN thinking it would retrace lower,shorts 135 down 130
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