14QDuJtV7okxhBzC86FwawaR6tV5LvetLq
- #861,182
- Dec 6, 2013 8:51am Dec 6, 2013 8:51am
- | Joined Oct 2011 | Status: Trader | 1,010 Posts
Thanks for sharing your thoughts on this Citiboy
good stuff
good stuffTo a certain extent tapering is basically priced in. Its been talked about for so long that its not really that much of an unknown anymore. Whats more important here is short end interest rates. When tapering was initally talked about short term interest rates spike along with long term rates. The Fed didnt like this because they see normal fed funds policy as totally separate from QE which affects long term rates. Initially the market perceived tapering as 'general tightening' and short end treasury rates and euro dollar contracts began to price...
- #861,184
- Dec 6, 2013 8:53am Dec 6, 2013 8:53am
- Joined Oct 2008 | Status: sideline is a position | 105,127 Posts
those who can, do. those who cant, talk about those who can
- #861,188
- Dec 6, 2013 8:57am Dec 6, 2013 8:57am
- Joined Jul 2011 | Status: Lord Of War | 1,853 Posts
eurx near to strong resistance. I bet she will touch 111.33 and then she falls down 
Early to bed, early to rise, keeps you healthy, wealthy and wise.
- #861,189
- Dec 6, 2013 8:58am Dec 6, 2013 8:58am
- Joined Dec 2011 | Status: Trader | 4,013 Posts
lets see what the next 10 minutes does, Porsche or a bus ticket.
- #861,190
- Dec 6, 2013 8:59am Dec 6, 2013 8:59am
- | Membership Revoked | Joined May 2013 | 7,946 Posts
ignore wackos and psychos, including myself. But I can't add myself to iggy
- #861,191
- Dec 6, 2013 8:59am Dec 6, 2013 8:59am
- Joined Aug 2011 | Status: Trader | 4,956 Posts
{quote} The spread widen quite a bit for crosses. If you short the ask has to touch target, long bid line.
. I was looking at the slippage but not worried around news. I would of switched off if I'd remembered.Just off subject a bit but I find slippage funny these days excluding news events. I can't see how brokers can justify slippage with todays technology, I mean sure maybe a bit if your trading with multiple large lot sizes but in a liquid market like forex a few lots shouldn't be hard to fill and with home computers reacting almost like super computers the brokerages computer should be super super computers. Just seems to me like an old excuse to keep buying/selling positions at prices they want.
Anyway.. I managed to scalp a few more pips this time round. I'm getting better at these fundies news releases.
I think we are on a the bulls paths for the next week or two imo. The pa over last few days supports the bullish daily/weekly bo we had last week. This move will take it to the top monthly trend line around 1.3775 before any violent reversals occur. If we don't reach the top TL before the turn around it will be a blood bath to the bears imo.
As the lights go by so too do the shadows move
- #861,192
- Dec 6, 2013 9:01am Dec 6, 2013 9:01am
- Joined Dec 2011 | Status: Trader | 4,013 Posts
{quote} That wasn't me... Was it? I don't use any indicators, and I really don't remember one for price patterns..
I remember it tells you the pattern a head of time and it seems accurate. this was sometime last year
- #861,194
- Dec 6, 2013 9:03am Dec 6, 2013 9:03am
- Joined Dec 2011 | Status: Trader | 4,013 Posts
time to add some baking soda to my trading strategy
- #861,195
- Dec 6, 2013 9:03am Dec 6, 2013 9:03am
- | Membership Revoked | Joined May 2013 | 7,946 Posts
ignore wackos and psychos, including myself. But I can't add myself to iggy
- #861,199
- Dec 6, 2013 9:08am Dec 6, 2013 9:08am
- Joined Jun 2012 | Status: ケンジ | 21,416 Posts
{quote}
