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  • #863,041
  • Dec 12, 2013 7:21am Dec 12, 2013 7:21am
Quoting Magix
{quote} If you stay steady to your current course, I think you will be better teaching than learning. {quote} Sidelines for me right now...
Me ... teaching economics than president of SNB , buying / selling currencies on a gigantic scale then elected as ECB's president
"It's the Margin, Stupid."
  • #863,042
  • Dec 12, 2013 7:22am Dec 12, 2013 7:22am
He he, bratranec = cousin in Czech, but still I appreciate this a lot! Happy trading, mate! Sorry to bother serious traders here with such a BS or whatever the name you give it is... ;-)

Quoting DareXau
{quote} Ahoj bratranec ! ... Sorry, I didn't intend to cut you off by any means ... that was just some general opinion of mine ... ... as I'm quite satisfied from today's price action and opportunities / possibilities of trades
  • #863,043
  • Dec 12, 2013 7:24am Dec 12, 2013 7:24am
This is an AU move not EU
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #863,044
  • Dec 12, 2013 7:25am Dec 12, 2013 7:25am
Squeeze time for AU, could end up a good buying opportunity if PA agrees

But 0.88xx still aimed
COT: The precious data ignored
  • #863,045
  • Dec 12, 2013 7:28am Dec 12, 2013 7:28am
Quoting kuroro001
Squeeze time for AU, could end up a good buying opportunity if PA agrees
You are kidding right?!

RBA's Stevens says Australia needs A$ closer to 85 U.S. cents
"It's the Margin, Stupid."
  • #863,046
  • Dec 12, 2013 7:30am Dec 12, 2013 7:30am
Quoting Vachus
{quote} You are kidding right?! RBA's Stevens says Australia needs A$ closer to 85 U.S. cents
No i'm not, i'm not reading lame news.

Especially when he could have said it when we were at the top, he says it at the bottom of a move...a faker

He didn't chose the right timing to say it, time will tell
COT: The precious data ignored
  • #863,047
  • Dec 12, 2013 7:30am Dec 12, 2013 7:30am
Quoting swing 123
{quote} it has touched where it wanted to. daily close below it would be bearish.

everyone now short, surely +ve data in 1min may back bears lets see.
  • #863,048
  • Dec 12, 2013 7:32am Dec 12, 2013 7:32am
Quoting swing 123
{quote} everyone now short, surely +ve data in 1min may back bears lets see.
55 is the no. for today.
  • #863,049
  • Dec 12, 2013 7:32am Dec 12, 2013 7:32am
It's going ^
  • #863,050
  • Dec 12, 2013 7:33am Dec 12, 2013 7:33am
nice, finally this baby has some steam to downside, everyone could make easy pips tp 1.3650 in some hours/few days.

the most conservative trader would enter short at 1.3740 tp 1.3690.
  • #863,051
  • Dec 12, 2013 7:34am Dec 12, 2013 7:34am
Quoting swing 123
{quote} 55 is the no. for today.
on top 80
  • #863,052
  • Dec 12, 2013 7:35am Dec 12, 2013 7:35am
Quoting kuroro001
{quote} No i'm not, i'm not reading lame news. Especially when he could have said it when we were at the top, he says it at the bottom of a move...a faker He didn't chose the right timing to say it, time will tell
Good luck , but something has to take down the bottom - otherwise, it was going to reverse to go back to 0.92/0.95 !
"It's the Margin, Stupid."
  • #863,053
  • Dec 12, 2013 7:36am Dec 12, 2013 7:36am
Quoting swing 123
{quote} on top 80
only on atleast 4hr close basis GL
  • #863,054
  • Dec 12, 2013 7:36am Dec 12, 2013 7:36am
Quoting Vachus
{quote} Good luck , but something has to take down the bottom - otherwise, it was going to reverse to go back to 0.92/0.95 !
Not buying it yet, but i'm ready for a bit below
COT: The precious data ignored
  • #863,055
  • Dec 12, 2013 7:38am Dec 12, 2013 7:38am
https://encrypted-tbn1.gstatic.com/i...f-axeZi6Wy7YH0
  • #863,056
  • Dec 12, 2013 7:38am Dec 12, 2013 7:38am
RBA in action to devalue AUD. Good thought followed by China
You cannot learn better without losing
  • #863,057
  • Dec 12, 2013 7:38am Dec 12, 2013 7:38am
This data could be good for easying some tapering fears.
So, that means stronger Euro, bad news for Dollar.

Cheers

Thispip
  • #863,058
  • Dec 12, 2013 7:40am Dec 12, 2013 7:40am
Quoting swing 123
{quote} on top 80
we may see a dip down on close below, may be an attempt by bears to take out 55. otherwise.....
  • #863,059
  • Dec 12, 2013 7:41am Dec 12, 2013 7:41am
Quoting ThisPip
This data could be good for easying some tapering fears. So, that means stronger Euro, bad news for Dollar. Cheers Thispip

market is not that simplistic and obvious.I rather see greater retail longs or short positions reduced.
If economy is driven by consumer spending then the data is positive
In trading, you have to be defensive and aggressive at the same time
  • #863,060
  • Dec 12, 2013 7:42am Dec 12, 2013 7:42am
Quoting swing 123
{quote} 55 is the no. for today.

it has almost reached there hmm.......
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