http://charts.mql5.com/3/296/euraud-...-division1.png
- #862,422
- Dec 10, 2013 1:37pm Dec 10, 2013 1:37pm
- | Membership Revoked | Joined Jul 2012 | 4,197 Posts
"It's the Margin, Stupid."
- #862,424
- Dec 10, 2013 1:43pm Dec 10, 2013 1:43pm
- Joined Feb 2012 | Status: Trader | 21,377 Posts
Super Mario is again speaking
Thurs 12th. I think market maybe is gearing up for more up moves.This has been the case whenever Mario or Carney speak.Forget fundamentals,technicals does not matter.These guys move the market whichever direction they want.Euro going up on negative data after another is hilarious with 12-27% unemployment still not fizzing out.
Thurs 12th. I think market maybe is gearing up for more up moves.This has been the case whenever Mario or Carney speak.Forget fundamentals,technicals does not matter.These guys move the market whichever direction they want.Euro going up on negative data after another is hilarious with 12-27% unemployment still not fizzing out.
In trading, you have to be defensive and aggressive at the same time
- #862,425
- Dec 10, 2013 1:45pm Dec 10, 2013 1:45pm
- | Joined Apr 2011 | Status: Trader | 1,152 Posts
{quote} Well, the hunters want to trap as many little bears as they can. If i were the hunter (speculators) what will i do? I need a false drop, a closing of 4H pinbar, so the bears luring in. Then pump eating the stops, must be careful not to touch 1.38xx big boys algo trade. Once it hit, there will be big bears and big bulls fighting, and the hunter can become the prey if big bulls win. So, now they are in the meeting, to discuss the strategy.
Dont know why but I tend to agree with u on this lol
MMMYYYKKK
- #862,426
- Dec 10, 2013 1:47pm Dec 10, 2013 1:47pm
- Joined Sep 2010 | Status: Trader | 11,327 Posts
{quote} Use the correlation to pick the speed of plays. When EURGBP is at Demand If these go into a short cycle, GBP will sell Faster. If they are Long, EURO is the better buy. If you aren't sure...Hedge these monkey fighters!! Buy Euro, Sell GBP!
- #862,427
- Dec 10, 2013 1:47pm Dec 10, 2013 1:47pm
- Joined Sep 2011 | Status: Trader | 6,363 Posts
{quote} I am looking at this aswell, especially at where 4hr closes {image}
A good trader follows his rules, but great trader knows when to break them
- #862,428
- Dec 10, 2013 1:50pm Dec 10, 2013 1:50pm
- Joined Sep 2010 | Status: Trader | 11,327 Posts
dowwwwwwwn G/U dowwwwwn......"
- #862,429
- Dec 10, 2013 1:51pm Dec 10, 2013 1:51pm
- Joined Feb 2012 | Status: Trader | 5,619 Posts
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
- #862,430
- Dec 10, 2013 2:05pm Dec 10, 2013 2:05pm
- Joined Sep 2010 | Status: Trader | 11,327 Posts
{quote} I agree that we have run into supply. The question I'm asking myself is how strong it will be. Retail is heavy on shorts which tend to mean we will continue upwards. While you're there, I'll have a beer please!
btw - do you have volume info for retail positions?
and yes - 1 beer coming up
- #862,431
- Dec 10, 2013 2:08pm Dec 10, 2013 2:08pm
- | Joined Apr 2011 | Status: Trader | 1,152 Posts
Lucky for me to catch this Short 2 pips from top
MMMYYYKKK
- #862,434
- Dec 10, 2013 2:12pm Dec 10, 2013 2:12pm
- | Membership Revoked | Joined Jul 2012 | 4,197 Posts
"It's the Margin, Stupid."
- #862,435
- Dec 10, 2013 2:13pm Dec 10, 2013 2:13pm
- Joined Sep 2011 | Status: Trader | 6,363 Posts
A good trader follows his rules, but great trader knows when to break them
- #862,439
- Dec 10, 2013 2:21pm Dec 10, 2013 2:21pm
- Joined Nov 2009 | Status: ŻŻŻŻŻŻŻŻŻŻ | 1,339 Posts
{quote} I think perhaps we're (on FF) giving the whole retail positioning thing a bit too much weight in the analysis - it's 11% of total volume, yes I'm sure they are out to get us , but - we are not the only fish in the sea here btw - do you have volume info for retail positions? and yes - 1 beer coming up
