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  • #869,961
  • Jan 14, 2014 12:58pm Jan 14, 2014 12:58pm
Quoting attila
{quote} yeah, spx.. looked at weekly..
i have a feeling they will push it up 1900 around March. The 2013 run up is so steep. They just do not worry about another crash?
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #869,962
  • Jan 14, 2014 1:01pm Jan 14, 2014 1:01pm
Thanks for being ironic, but take a look at the graph. There's hardly any intraday (or short term) drop not having been followed by a (complete) recovery lately. I know nothing, but it's easy to see that it's worked like that most of the time for more than a year. No-one knows when it comes crashing down like gold did a couple years back. But even then... it'll take time to recover, but it will do so till the sands of time shall run. Or whatever.

Quoting ffleo
{quote} Thank you very much. you know more than I know.
  • #869,963
  • Jan 14, 2014 1:01pm Jan 14, 2014 1:01pm
Quoting ffleo
{quote} i have a feeling they will push it up 1900 around March. The 2013 run up is so steep. They just do not worry about another crash?
could do 1812 before that...
  • #869,964
  • Jan 14, 2014 1:09pm Jan 14, 2014 1:09pm
debating if I should leave my long up to 3900 or get out at 3750.... I think i'll take it lower.. way too much crap before 3900..
  • #869,965
  • Jan 14, 2014 1:14pm Jan 14, 2014 1:14pm
Quoting attila
debating if I should leave my long up to 3900 or get out at 3750.... I think i'll take it lower.. way too much crap before 3900..

3760 or 3790 at best -
Might also be we see 3480 before!
  • #869,966
  • Jan 14, 2014 1:17pm Jan 14, 2014 1:17pm
Quoting CandleStar
{quote} 3760 or 3790 at best -
yeah... it'll go higher but not right away.. depends on weekly actually..

3480... nope.
  • #869,967
  • Jan 14, 2014 1:31pm Jan 14, 2014 1:31pm
Quoting attila
{quote} yeah... it'll go higher but not right away.. depends on weekly actually.. 3480... nope.
Hope we see 3557-55 before we go up.
  • #869,968
  • Jan 14, 2014 1:37pm Jan 14, 2014 1:37pm
pa suggests market got tired of itself...
  • #869,969
  • Jan 14, 2014 1:40pm Jan 14, 2014 1:40pm
Quoting viitrader
{quote} Hope we see 3557-55 before we go up.
hmmm, dont think that will happen ..

recent strenght in the background, look at the reactions we made at 368xx supply seems to get consumed as we grind higher
a pot. momentum driven breakout , might be on the plate

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  • #869,970
  • Jan 14, 2014 2:04pm Jan 14, 2014 2:04pm
Quoting viitrader
{quote} Hope we see 3557-55 before we go up.
let's assume that.. why do you think that will happen?
  • #869,971
  • Jan 14, 2014 2:05pm Jan 14, 2014 2:05pm
Tell me honestly, anyone. Isn't it easier to leave EU behind and focus on other markets? It seems to me that even with (supposedly) high impact fundamental news, it's always turning into behaving like a commodity, not a currency pair. It seems to me that the best strategy in long term is to, based on reasonable money management, just scalp pips by 5 or so, making 20 or 30 pips a day (including loses you just have to suffer), do 5 to 10 trades a day, and then take a day off to get rid of your desires as for where it should go to satisfy your ego?
  • #869,972
  • Jan 14, 2014 2:09pm Jan 14, 2014 2:09pm
Quoting Yves CZ_EU
Tell me honestly, anyone. Isn't it easier to leave EU behind and focus on other markets? It seems to me that even with (supposedly) high impact fundamental news, it's always turning into behaving like a commodity, not a currency pair. It seems to me that the best strategy in long term is to, based on reasonable money management, just scalp pips by 5 or so, making 20 or 30 pips a day (including loses you just have to suffer), do 5 to 10 trades a day, and then take a day off to get rid of your desires as for where it should go to satisfy your ego?...

5 pips scalp = longterm ? did i miss something ? .. btw. scalping 5 pips = comission kills... slippage, broker fucking with u etc.. 5 pip scalping is not possible on spot retail fx.. noway jose...
  • #869,973
  • Jan 14, 2014 2:13pm Jan 14, 2014 2:13pm
Quoting Yves CZ_EU
Tell me honestly, anyone. Isn't it easier to leave EU behind and focus on other markets? It seems to me that even with (supposedly) high impact fundamental news, it's always turning into behaving like a commodity, not a currency pair. It seems to me that the best strategy in long term is to, based on reasonable money management, just scalp pips by 5 or so, making 20 or 30 pips a day (including loses you just have to suffer), do 5 to 10 trades a day, and then take a day off to get rid of your desires as for where it should go to satisfy your ego?...
Not really worth leaving EU behind . I haven't had problems with waiting for well structured patterns to trade but for sure the last month or 5 weeks produced little . Typical though due to vacation season . Egos are expensive and scalping hurts my eyes LOL .
pay the price of dicipline or pay the price of regret
  • #869,974
  • Jan 14, 2014 2:17pm Jan 14, 2014 2:17pm
inside bar pin bar + a bull candle ill take my loss if it comes. target 1.3755
S/L 1.3634
  • #869,975
  • Jan 14, 2014 2:25pm Jan 14, 2014 2:25pm
can you recommend me a free charting software were i can take my own interpretation ?
  • #869,976
  • Jan 14, 2014 2:59pm Jan 14, 2014 2:59pm
Quoting ffleo
{quote} you referring to spx? spx had 28.35% gain in 2013, while dow had 29.68% gain. Totally insane.
Of course insane.. US economy went up for 3%, Eurozone about 1%.. But market is up for 30%.. I understand that market reacts on expectations.. But not for 10-20 times of expectations.. Bond yield are very high. US debt will increase very fast with such high interest rates on bonds. It will end with a big default I think.. Time to buy bonds with such high interest rates..
  • #869,977
  • Jan 14, 2014 3:01pm Jan 14, 2014 3:01pm
Quoting attila
{quote} let's assume that.. why do you think that will happen?
just a thought... maybe a little hope as well.
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  • #869,978
  • Jan 14, 2014 3:22pm Jan 14, 2014 3:22pm
Quoting viitrader
{quote} just a thought... maybe a little hope as well. {image}
I see.. thanks.
  • #869,979
  • Jan 14, 2014 3:28pm Jan 14, 2014 3:28pm
Quoting viitrader
{quote} just a thought... maybe a little hope as well. {image}

anyone's thoughts?... opinion's? ...2cents?
  • #869,980
  • Jan 14, 2014 3:38pm Jan 14, 2014 3:38pm
Quoting viitrader
{quote} anyone's thoughts?... opinion's? ...2cents?
Are you suggesting drop before the pop. I am still thinking pop before the drop. To me the PA over the last several days has not been bullish but a lack of sellers. The only question is when do they start the show. Anywhere between 1.375 to 1.38 should be fair game.
The price will go where it has to go.
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