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  • Post #896,321
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  • May 8, 2014 11:41pm May 8, 2014 11:41pm
  •  attila
  • | Membership Revoked | Joined Mar 2009 | 16,693 Posts
The yuro can easily screw both bulls and bears, even at once if it wants to. I wouldn't touch it for now, if I were you.
 
 
  • Post #896,322
  • Quote
  • May 8, 2014 11:45pm May 8, 2014 11:45pm
  •  Rand Yap
  • | Joined Jun 2010 | Status: Member | 142 Posts
Intelligence: knows how to wield a sword perfectly
wisdom: Understand the limitations and advantages of the sword, knows when to use it and when not to.
 
 
  • Post #896,323
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  • May 8, 2014 11:50pm May 8, 2014 11:50pm
  •  Chicky
  • Joined Sep 2008 | Status: Married - 5 Wives | 14,713 Posts
Quoting AlanB
Disliked
{quote} Tomatoes may be fruit, but they don't go in a fruit salad.
Ignored
But chocolate coating, cookies and fresh-cream do go in a fruit salad. Technically, only sweet and tart flavored fruits go in a fruit salad. Tomatoes are not sweet enough.

You will agree that no trading session is more informative than Tokyo session.
The Thief of Wall Street
 
 
  • Post #896,324
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  • May 8, 2014 11:55pm May 8, 2014 11:55pm
  •  Chicky
  • Joined Sep 2008 | Status: Married - 5 Wives | 14,713 Posts
Quoting Rand Yap
Disliked
Intelligence: knows how to wield a sword perfectly wisdom: Understand the limitations and advantages of the sword, knows when to use it and when not to.
Ignored
Intelligence is knowledge learned from your own experience. Wisdom is knowlege learned from experience of others. Intelligence is a hard way of learning but wisdom saves us from a lot of trouble.

If you long or short EUR/USD right now, your will be little more intelligent in a couple of hours. But if you remain on sidelines for now, you are already a wise person.
The Thief of Wall Street
 
 
  • Post #896,325
  • Quote
  • May 9, 2014 12:09am May 9, 2014 12:09am
  •  giveachance
  • Joined Jun 2013 | Status: Trader by hobby not by profession | 5,925 Posts
Quoting attila
Disliked
The yuro can easily screw both bulls and bears, even at once if it wants to. I wouldn't touch it for now, if I were you.
Ignored
for once I agree with you. both bulls and bears are not sure where it is heading now. bulls cannot say with conviction they have defended 1.3700 and bears cannot say whether 1.4000 is the top.
 
 
  • Post #896,326
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  • May 9, 2014 12:12am May 9, 2014 12:12am
  •  attila
  • | Membership Revoked | Joined Mar 2009 | 16,693 Posts
Quoting giveachance
Disliked
{quote} for once I agree with you. both bulls and bears are not sure where it is heading now. bulls cannot say with conviction they have defended 1.3700 and bears cannot say whether 1.4000 is the top.
Ignored
I'm flattered, but yes.. today's drop threw a curve ball into it.
 
 
  • Post #896,327
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  • May 9, 2014 12:13am May 9, 2014 12:13am
  •  prosper7
  • | Joined May 2014 | Status: Member | 9 Posts
Quoting Chicky
Disliked
{quote} If you long or short EUR/USD right now, your will be little more intelligent in a couple of hours. But if you remain on sidelines for now, you are already a wise person.
Ignored
lol well said....
 
 
  • Post #896,328
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  • May 9, 2014 12:18am May 9, 2014 12:18am
  •  Davit
  • Joined Feb 2012 | Status: Member | 21,293 Posts
Quoting attila
Disliked
The yuro can easily screw both bulls and bears, even at once if it wants to. I wouldn't touch it for now, if I were you.
Ignored
I am comfortably short.No issues here.
Important factor is time.
In trading, you have to be defensive and aggressive at the same time
 
 
  • Post #896,329
  • Quote
  • May 9, 2014 12:20am May 9, 2014 12:20am
  •  Insomniacc
  • | Joined May 2014 | Status: Member | 13 Posts
hey guys do 'JOLTS Job Openings' gonna do with the currencies as well?
sorry just asking! If is does means that's another big news later! cheers!!!
 
 
  • Post #896,330
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  • May 9, 2014 12:28am May 9, 2014 12:28am
  •  Davit
  • Joined Feb 2012 | Status: Member | 21,293 Posts
Quoting Insomniacc
Disliked
hey guys do 'JOLTS Job Openings' gonna do with the currencies as well? sorry just asking! If is does means that's another big news later! cheers!!!
Ignored
You got to put certain things in context with sentiment.Last 2 weeks we had great consumer spending,positive manufacturing great NFP all ignored by the market because sentiment was negative mostly based on very dovish attitude of Yellen.
Things changed dramatically yesterday because of Draghi conference.He admitted low inflation is "great concern" and basically said if Euro continues to appreciate they will act in June.
This jolted long term investors and that's when it dropped.
Why am I writing all this because Jolt Job after this context is irrelevant.Either way Euro is fked
Regards
In trading, you have to be defensive and aggressive at the same time
 
 
  • Post #896,331
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  • May 9, 2014 12:28am May 9, 2014 12:28am
  •  ffleo
  • | Membership Revoked | Joined May 2013 | 7,946 Posts
Quoting Chicky
Disliked
{quote} Intelligence is knowledge learned from your own experience. Wisdom is knowlege learned from experience of others. Intelligence is a hard way of learning but wisdom saves us from a lot of trouble. If you long or short EUR/USD right now, your will be little more intelligent in a couple of hours. But if you remain on sidelines for now, you are already a wise person.
Ignored
wise people learn from intelligent people. Intelligent people take a position now, and wise people just watch.
ignore wackos and psychos, including myself. But I can't add myself to iggy
 
 
  • Post #896,332
  • Quote
  • May 9, 2014 12:32am May 9, 2014 12:32am
  •  ffleo
  • | Membership Revoked | Joined May 2013 | 7,946 Posts
Quoting ffleo
Disliked
{quote} wise people learn from intelligent people. Intelligent people take a position now, and wise people just watch.
Ignored
intelligent people invent and discover things, and wise people copy and repeat things invented and discovered by intelligent people
ignore wackos and psychos, including myself. But I can't add myself to iggy
 
 
  • Post #896,333
  • Quote
  • May 9, 2014 12:38am May 9, 2014 12:38am
  •  Davit
  • Joined Feb 2012 | Status: Member | 21,293 Posts
Quoting ffleo
Disliked
{quote} intelligent people invent and discover things, and wise people copy and repeat things invented and discovered by intelligent people
Ignored
I think in order to be wise one must have intelligence to begin with
In trading, you have to be defensive and aggressive at the same time
 
 
  • Post #896,334
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  • May 9, 2014 12:43am May 9, 2014 12:43am
  •  ffleo
  • | Membership Revoked | Joined May 2013 | 7,946 Posts
Quoting Davit
Disliked
{quote} I think in order to be wise one must have intelligence to begin with
Ignored
to be wise needs a little intelligence but not high intelligence. Highly intelligent people might not be wise when they go extreme. Wise is try not to commit mistake. Intelligent is to find ways to do things, even though sometimes may commit mistake
ignore wackos and psychos, including myself. But I can't add myself to iggy
 
 
  • Post #896,335
  • Quote
  • May 9, 2014 12:46am May 9, 2014 12:46am
  •  ffleo
  • | Membership Revoked | Joined May 2013 | 7,946 Posts
Quoting ffleo
Disliked
{quote} to be wise needs a little intelligence but not high intelligence. Highly intelligent people might not be wise when they go extreme. Wise is try not to commit mistake. Intelligent is to find ways to do things, even though sometimes may commit mistake
Ignored
and dumb people just sit there doing nothing
ignore wackos and psychos, including myself. But I can't add myself to iggy
 
 
  • Post #896,336
  • Quote
  • May 9, 2014 12:52am May 9, 2014 12:52am
  •  ffleo
  • | Membership Revoked | Joined May 2013 | 7,946 Posts
chicky is very wise and just disappeared.
ignore wackos and psychos, including myself. But I can't add myself to iggy
 
 
  • Post #896,337
  • Quote
  • May 9, 2014 12:53am May 9, 2014 12:53am
  •  Davit
  • Joined Feb 2012 | Status: Member | 21,293 Posts
Quoting ffleo
Disliked
{quote} to be wise needs a little intelligence but not high intelligence. Highly intelligent people might not be wise when they go extreme. Wise is try not to commit mistake. Intelligent is to find ways to do things, even though sometimes may commit mistake
Ignored
I disagree
If you take Buddha,Confucius,Artistole,Tolstoy list goes on and on you will find strong intelligence in conveying what is perceived by them as wisdom.
In nut shell wisdom is distill process of intelligence.One must have intelligence to differentiate trifle from wisdom.Little intelligence does not translate to wisdom since observer can't tell the difference from gold to shit..
In trading, you have to be defensive and aggressive at the same time
 
 
  • Post #896,338
  • Quote
  • May 9, 2014 1:04am May 9, 2014 1:04am
  •  Insomniacc
  • | Joined May 2014 | Status: Member | 13 Posts
Quoting Davit
Disliked
{quote} You got to put certain things in context with sentiment.Last 2 weeks we had great consumer spending,positive manufacturing great NFP all ignored by the market because sentiment was negative mostly based on very dovish attitude of Yellen. Things changed dramatically yesterday because of Draghi conference.He admitted low inflation is "great concern" and basically said if Euro continues to appreciate they will act in June. This jolted long term investors and that's when it dropped. Why am I writing all this because Jolt Job after this context...
Ignored

Which means it's not sure whether its gonna affect the market?
because if the jobs are opened more , i think it would affect the GOLD as well.
Unemployment rate drops as well.
 
 
  • Post #896,339
  • Quote
  • May 9, 2014 1:06am May 9, 2014 1:06am
  •  Davit
  • Joined Feb 2012 | Status: Member | 21,293 Posts
Quoting Insomniacc
Disliked
{quote} Which means it's not sure whether its gonna affect the market? because if the jobs are opened more , i think it would affect the GOLD as well. Unemployment rate drops as well.
Ignored
Correct.It may or may not.
In trading, you have to be defensive and aggressive at the same time
 
 
  • Post #896,340
  • Quote
  • May 9, 2014 1:08am May 9, 2014 1:08am
  •  ffleo
  • | Membership Revoked | Joined May 2013 | 7,946 Posts
Quoting Davit
Disliked
{quote} I disagree If you take Buddha,Confucius,Artistole,Tolstoy list goes on and on you will find strong intelligence in conveying what is perceived by them as wisdom. In nut shell wisdom is distill process of intelligence.One must have intelligence to differentiate trifle from wisdom.Little intelligence does not translate to wisdom since observer can't tell the difference from gold to shit..
Ignored
that is exactly what I said: to be wise needs a little intelligence. But intelligent people especially highly intelligent people might not be wise.
ignore wackos and psychos, including myself. But I can't add myself to iggy
 
 
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