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  • #894,421
  • May 2, 2014 8:05am May 2, 2014 8:05am
if we look dollar index there can be retrecament to 79.72 if it bounce or not?

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  • #894,422
  • May 2, 2014 8:06am May 2, 2014 8:06am
Quoting timos
{quote} because euro is dropping more than pound.See charts.
)))))))))) I know.. But why? We had better news in Euro area and bad news on GBP.. Besides, USA is doing good so market has risk appetite. Then why buying safer GBP and selling riskier Eur? that is interesting..
Do you have gap at EUR/GBP at 0.8282?
  • #894,423
  • May 2, 2014 8:06am May 2, 2014 8:06am
Thanks guys for comments ...but please what about the analysis itself ?(not my account)
i can see 1.3817 still supports till now.
  • #894,424
  • May 2, 2014 8:06am May 2, 2014 8:06am
Quoting duderoo1
{quote} Done?
I got off too early @ 1.38222 lol ...
Went long again @ 1.3820 ...

Since I saw this :

One Million People Dropped Out Of Labor Force In April: Participation Rate Plummets To Lowest Since 1978
  • #894,425
  • May 2, 2014 8:08am May 2, 2014 8:08am
Actually still very low impact for such good news for US.
Still good possibility to go north,far beyond 1.39
But to early to take a long now off course.
  • #894,426
  • May 2, 2014 8:09am May 2, 2014 8:09am
Quoting oztrader79
{quote} Is that supposed to impress? that was a bunch of trades all placed within 10 pips, not at different s/r levels, so really just one big trade that could have gone against you.
Not trying to impress a drongo like yourself that's for sure. Take your unsubstantiated claims elsewhere
"Don't get caught trading wheat in the corn pit"
  • #894,427
  • May 2, 2014 8:09am May 2, 2014 8:09am
Quoting Martingale
{quote} I would say that it is quite an aggressive prediction but coming from your side (and with the trade records you have) - I ll take this into consideration
sir M,

Better to disregard me. i'm looking EXTREMELY long term on this.

Do not let any outside influence swing your personal decisions. I have seen this in the past week and have missed literally 20 trades - because someone on the forum ( which I have respect for) indicated otherwise.

That caused doubt in my mind. It should not have done so. Stick to your system of trading. Do NOT be influenced.

I have learned my lesson.

Trade well!

Regards
  • #894,428
  • May 2, 2014 8:11am May 2, 2014 8:11am
Hello everyone, do we have any winners today????
  • #894,429
  • May 2, 2014 8:11am May 2, 2014 8:11am
Quoting aarontdang
{quote} One Million People Dropped Out Of Labor Force In April: Participation Rate Plummets To Lowest Since 1978

this has been an issue for a while. Its not going anywhere. If you think about it the two largest demographics have plenty of reason to drop out.


Baby boomers retire
Echo boomers go to grad school


Gen Xers are the only ones really working.

the fed cant base policy on the labor force participation rate. people have their own incentives for working/not working.
Twitter: @TrendersGame
  • #894,430
  • May 2, 2014 8:11am May 2, 2014 8:11am
thinking about longs bellow 3810 .... i would be suprised if it reverse here, it show clear rejection of 1.3813 & below ( not saying it is impossible ) 1.41 still in play. Anyway waiting next tuesday for any positions change in COT, for shorting this need zero cross of comercials to start thinking short
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  • #894,431
  • May 2, 2014 8:11am May 2, 2014 8:11am
as i thought earlier ,,, if we got 1.3820 we a having a must 1.3730 or someting like that and if we have 1.3730 then we must have 1.3780

well ideas came out of nowhere !! CORRECT ME !!
rules are different here. Less risk, more profit .. !!
  • #894,432
  • May 2, 2014 8:12am May 2, 2014 8:12am
Quoting Thirsty
Greetings! With this lack of strength from the usd only means that Yellen will keep tapering on track. And one thing is for sure if they decide to speed tapering USD will make a move. Check the daily and monthly graphic, if it breaks down it will be a huge move! In the meanwhile... still short since 10th of February...
stick to the plan!
KEEP CALM AND CARRY ON SHORTING
  • #894,433
  • May 2, 2014 8:12am May 2, 2014 8:12am
Quoting WillyWonka
{quote} Not trying to impress a drongo like yourself that's for sure. Take your unsubstantiated claims elsewhere
Impress? I thought you were the one trying impress us all with your "I've got 340+ pips guys, what's a boy to do?" You're in a positive trade asking strangers whether you should cash in, strangers who have no idea of your trading plan meaning you obviously don't have one or are not following it.
  • #894,434
  • May 2, 2014 8:14am May 2, 2014 8:14am
Quoting P.Action
if we look dollar index there can be retrecament to 79.72 if it bounce or not? {image}
anything is possible, arguments for and against.
  • #894,435
  • May 2, 2014 8:15am May 2, 2014 8:15am
Quoting oztrader79
{quote} Impress? I thought you were the one trying impress us all with your "I've got 340+ pips guys, what's a boy to do?" You're in a positive trade asking strangers whether you should cash in, strangers who have no idea of your trading plan meaning you obviously don't have one or are not following it.
listen dipstick you are the one who suggested I was trying to impress. I merely wanted to prove you wrong about your claims of a demo trade.
"Don't get caught trading wheat in the corn pit"
  • #894,436
  • May 2, 2014 8:15am May 2, 2014 8:15am
I'm quite excited about the upcoming long on EU from the current 1.3810 to 1.3815 level.

I am..
  • #894,437
  • May 2, 2014 8:17am May 2, 2014 8:17am
Quoting WillyWonka
{quote} listen dipstick you are the one who suggested I was trying to impress. I merely wanted to prove you wrong about your claims of a demo trade.
no need for name calling Willy Wanker, I mean, Wonker.
  • #894,438
  • May 2, 2014 8:17am May 2, 2014 8:17am
Quoting TauTrader
{quote} sir M, Better to disregard me. i'm looking EXTREMELY long term on this. Do not let any outside influence swing your personal decisions. I have seen this in the past week and have missed literally 20 trades - because someone on the forum ( which I have respect for) indicated otherwise. That caused doubt in my mind. It should not have done so. Stick to your system of trading. Do NOT be influenced. I have learned my lesson. Trade well! Regards
Many thanks Sir.
For the moment I leave most of the decisional criteria to the Volume Analysis on /6E and the Committment of Traders report to get an idea of where the market is pointing, and leave Fibonacci and Price Action do the rest. On a side note, you live in one of the most beautiful cities in the world. I just proposed to my girfriend down there... and took her for a wine tasting in Franschhoek!
  • #894,439
  • May 2, 2014 8:17am May 2, 2014 8:17am
Quoting TauTrader
I'm quite excited about the upcoming long on EU from the current 1.3810 to 1.3815 level. I am..
  • #894,440
  • May 2, 2014 8:19am May 2, 2014 8:19am
Quoting TauTrader
I'm quite excited about the upcoming long on EU from the current 1.3810 to 1.3815 level. I am..
I'd watch out 1.379x too.
COT: The precious data ignored
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