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  • #875,101
  • Feb 7, 2014 7:54am Feb 7, 2014 7:54am
It tested daily Open (1.3591) and bounced up nicely. I am long with a small lot @1.3604
"Luxury is one of the basic needs", (c), Don Corleone
  • #875,102
  • Feb 7, 2014 7:55am Feb 7, 2014 7:55am
Quoting wannabtrader
taken a short 1.3613 20pip sl. question is why does eur/usd spike up, isn't this is good us news ? {image}
Easy answer, if it directly broken, no more seller are going to contributing in.
I am not the SMARTEST person in the world, I am the PERSISTENT one.
  • #875,103
  • Feb 7, 2014 7:57am Feb 7, 2014 7:57am
3650's protected
I reckon we will get a lot a chop this afternoon Just waiting for NY open
Still think biased is t the upside though
  • #875,104
  • Feb 7, 2014 7:57am Feb 7, 2014 7:57am
Quoting kuroro001
{quote} Playing with fire? Long and short...watch out

Thats right...
  • #875,105
  • Feb 7, 2014 7:59am Feb 7, 2014 7:59am
Quoting danzka
{quote} same here goodluck to us {image}
I love Lady Luck
That which does not kill us makes us stronger
  • #875,106
  • Feb 7, 2014 8:01am Feb 7, 2014 8:01am
Attached Image

my list is growing
In trading, you have to be defensive and aggressive at the same time
  • #875,107
  • Feb 7, 2014 8:02am Feb 7, 2014 8:02am
Its very simple.
If you think these US data consecutive misses are not going to pose any change in the FED policy, then sell.
If you think they will revise their taper schedule then buy.

Is low growth good for the US dollar?
What about Europe, is low US growth going to help europe? Also no, but Europe is still seen as a top place to park your capital.
  • #875,108
  • Feb 7, 2014 8:02am Feb 7, 2014 8:02am
that's why side line during news time is good idea..

http://charts.mql5.com/3/821/gbpjpy-...point-of-2.png
don't predict direction, but dance with flow of water
  • #875,109
  • Feb 7, 2014 8:02am Feb 7, 2014 8:02am
Quoting mercy seat
Anyway ... there are markets which are moving nicely ... some are doing it with rhythm and they are swinging technically and nicely ... some are not so tempting ... Sterling is doing nicely at the present time ... and there are a few other crossrates as well ... and at least we are observing minimum 19 pairs all day long ... and in some cases even more ... From a technical aproach it is a fact ... these do quite nicely at the present time ... 1.) {image} 2.) {image} And this pair is not the best instrument at the present time ... although it is...
Yup ...

Quoting mercy seat
{quote} Okay good ... I'm in a hurry now ... I've got a meeting at 11h00 CET ... See you later ... Good bye! ;-|

Haa!

That's my way ...

My kind of trading ...

I just came back from meeting right in time ... and I did take a trade short GBP/USD at 1.63912 ... just right in time ... without much hesitating ... 14h31 CET ...

And now I did cover it again ... EXIT at 1.63544 ... 14h48 CET ... just a single precalculated position with precalculated draw-down ...

Not much risk ... clean and clear calculation ... as 1.6390 area has been an expected level of reaction ... almost 38 pips within a very short time ... Klim-Bim and Bingo ... aus die Maus ... result = nice profit in the KASSA ...

Enough for today again ... as it is crazy Friday ...

No need to post any charts ... as you can use your own ... everything been mentioned ... everything been said ...

Have a good one!


;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #875,110
  • Feb 7, 2014 8:03am Feb 7, 2014 8:03am
If EUR/CAD breaks down through S1 at 1.4921 (and the side range), will be a nice short opportunity for the new trend

EUR/CHF long is a very safe bet now, but for a modest gain of 10-20 pips only
"Luxury is one of the basic needs", (c), Don Corleone
  • #875,111
  • Feb 7, 2014 8:03am Feb 7, 2014 8:03am
Quoting KelcieSus
Its very simple. If you think these US data consecutive misses are not going to pose any change in the FED policy, then sell. If you think they will revise their taper schedule then buy. Is low growth good for the US dollar? What about Europe, is low US growth going to help europe? Also no, but Europe is still seen as a top place to park your capital.
gives me some clarity.
thank you.
  • #875,112
  • Feb 7, 2014 8:04am Feb 7, 2014 8:04am
Quoting Davit
{image} my list is growing
Loud mouth with no skills can't handle someone calling him out on his B.S.. What a fool.
  • #875,113
  • Feb 7, 2014 8:05am Feb 7, 2014 8:05am
1.35-36 could be next stop
Attached Image (click to enlarge)
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  • #875,114
  • Feb 7, 2014 8:05am Feb 7, 2014 8:05am
Quoting wannabtrader
{quote} gives me some clarity. thank you.
He basically means if you think its just bla bla weather and fed will taper then just Short on eur/usd top points. if not then get long its that simple
Past glory means nothing on the battlefield
  • #875,115
  • Feb 7, 2014 8:06am Feb 7, 2014 8:06am
Quoting wannabtrader
taken a short 1.3613 20pip sl. question is why does eur/usd spike up, isn't this is good us news ? {image}
The spike is a bull trap, over.
  • #875,116
  • Feb 7, 2014 8:06am Feb 7, 2014 8:06am
NFP was bulls trap
all open longs and price go down
Once scalper always scalper
  • #875,117
  • Feb 7, 2014 8:06am Feb 7, 2014 8:06am
Quoting moneymove
{quote} I love Lady Luck
yes of course masbro, I love her entire family even her bastard daughter
In the end its just a stupid numbers game
  • #875,118
  • Feb 7, 2014 8:07am Feb 7, 2014 8:07am
Come on babe. I want to see second trial on this hour.
I am not the SMARTEST person in the world, I am the PERSISTENT one.
  • #875,119
  • Feb 7, 2014 8:08am Feb 7, 2014 8:08am
Quoting Davit
{image} my list is growing
they dont see your posts anymore?
Once scalper always scalper
  • #875,120
  • Feb 7, 2014 8:09am Feb 7, 2014 8:09am
close all, enough picking big guys crumbs for this week. Have a nice weekend guys!
That which does not kill us makes us stronger
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