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  • #874,281
  • Feb 5, 2014 7:25am Feb 5, 2014 7:25am
Quoting Paulenok
Close above 1.35567 and going to add long, until then no go
and UJ close below 100.779 won't be looking good for bulls anymore
  • #874,282
  • Feb 5, 2014 7:26am Feb 5, 2014 7:26am
Majors except aussie going nuts, good time to not trade right now.

Usdchf is one reason things are as they are today affecting cable a lot and then eurusd got stops tripped.

I think some major players on market got it all wrong with news
They think they are smarter than I am.
  • #874,283
  • Feb 5, 2014 7:27am Feb 5, 2014 7:27am
Quoting freemen
{quote} becase numbers miss bit I thought thta go down but maybe latter misread
"thought" right this is the mistake.. Trading should not be based on thinking and feeling..!

No reason for going short, after negative Data from US. And EU already broked the Res. of 3525. So I really dont know, why u shorted..

No worry, learn from mistakes and make it next time better ?
  • #874,284
  • Feb 5, 2014 7:28am Feb 5, 2014 7:28am
the news effect has stopped and back to the lazy boring day ?
  • #874,285
  • Feb 5, 2014 7:29am Feb 5, 2014 7:29am
Quoting fxkiller
{quote} "thought" right this is the mistake.. Trading should not be based on thinking and feeling..! No reason for going short, after negative Data from US. And EU already broked the Res. of 3525. So I really dont know, why u shorted.. No worry, learn from mistakes and make it next time better ?
same to me hard to see why you buy ?
Once scalper always scalper
  • #874,286
  • Feb 5, 2014 7:31am Feb 5, 2014 7:31am
what about the trend?? nobody think about the trend???
  • #874,287
  • Feb 5, 2014 7:32am Feb 5, 2014 7:32am
Quoting freemen
{quote} same to me hard to see why you buy ?
I gave that reason already..

Res. of 3525 was broken and negative US Data... Thats why my entry was above 3525..
  • #874,288
  • Feb 5, 2014 7:33am Feb 5, 2014 7:33am
Quoting spaceduck
what about the trend?? nobody think about the trend???
You never know, where and from which point the trend will gonna change! Or is there any rule, that a trend should follow so.. and soo pips to change the direction?
  • #874,289
  • Feb 5, 2014 7:33am Feb 5, 2014 7:33am
Quoting spaceduck
what about the trend?? nobody think about the trend???
trend is down thats why I short all time but in wrong places
1.355 stone cold resistance ?
Once scalper always scalper
  • #874,290
  • Feb 5, 2014 7:34am Feb 5, 2014 7:34am
Quoting fxkiller
{quote} "thought" right this is the mistake.. Trading should not be based on thinking and feeling..! No reason for going short, after negative Data from US. And EU already broked the Res. of 3525. So I really dont know, why u shorted.. No worry, learn from mistakes and make it next time better ?
News are tricky to trade most of the time, pure and clear example last December NFP, data was positive, unemployment ticked down by 0.2% to 6.7%, EU meanwhile acted otherway around and went up 100+ pips.
I could find you another examples but not too bothered
  • #874,291
  • Feb 5, 2014 7:34am Feb 5, 2014 7:34am
Quoting mosh11
the news effect has stopped and back to the lazy boring day ?
this is the silence b4 the storm... All waiting for 2mr EZB News and NFP on Friday...
  • #874,292
  • Feb 5, 2014 7:35am Feb 5, 2014 7:35am
what a fall in usd/jpy. stops at 101 gone. next bunch of stops coming at 100.50. If ISM data is bad they may go as well and stock markets will crash. stupid aussie has risen 200 pips since tuesday
  • #874,293
  • Feb 5, 2014 7:36am Feb 5, 2014 7:36am
UK banks had huge bids in GBP starting 1.6250 to 30 which got filled.
  • #874,294
  • Feb 5, 2014 7:36am Feb 5, 2014 7:36am
Quoting Paulenok
{quote} News are tricky to trade most of the time, pure and clear example last December NFP, data was positive, unemployment ticked down by 0.2% to 6.7%, EU meanwhile acted otherway around and went up 100+ pips. I could find you another examples but not too bothered
NFP is not a News. Its a Market maker.. To trade NFP, you have to wait to get the trend settled, if you are new in trading.. And as I said, not only the news counts, also the Res. Level.
  • #874,295
  • Feb 5, 2014 7:37am Feb 5, 2014 7:37am
Quoting freemen
{quote} trend is down thats why I short all time but in wrong places 1.355 stone cold resistance ?
Yes looks down to me too, who knows when it will end, and picking a top (even on a retrace) is not easy, but no worry when mother trend give us her next leg the profits comes anyway.

See you downstairs
  • #874,296
  • Feb 5, 2014 7:38am Feb 5, 2014 7:38am
Quoting fxkiller
{quote} NFP is not a News. Its a Market maker.. To trade NFP, you have to wait to get the trend settled, if you are new in trading.. And as I said, not only the news counts, also the Res. Level.
Give me a break )
As far as I remember you trade Demo, stop the arrogance may I ask?
  • #874,297
  • Feb 5, 2014 7:38am Feb 5, 2014 7:38am
dollar getting bought. seems like ISM Non Manufacturing data may come out to be good.
  • #874,298
  • Feb 5, 2014 7:39am Feb 5, 2014 7:39am
Quoting Paulenok
{quote} Give me a break ) As far as I remember you trade Demo, stop the arrogance may I ask?
COT: The precious data ignored
  • #874,299
  • Feb 5, 2014 7:40am Feb 5, 2014 7:40am
Quoting Paulenok
{quote} Give me a break ) As far as I remember you trade Demo, stop the arrogance may I ask?
DEMO? LOL..

Arrogance??? Again LOL

You have to be strickt in trading, if you want to clear facts to new traders.. And strickness and hardness is may be arrogance for u..
  • #874,300
  • Feb 5, 2014 7:40am Feb 5, 2014 7:40am
Quoting gab
Hey all, I see some possibilities in short right now (from 1,3492), but would go long above 1,3585 - if we can find a good stop level. It is truly boring now though ? {image}
This seemed a good opportunity, so took that long earlier. Let's see how they play...
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