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  • #899,901
  • May 21, 2014 12:58pm May 21, 2014 12:58pm
Quoting MarianneOslo
Magicmen! As far as I can see from the traders the last week you have been the one reading the market best
Its my turn Kidding. Thanks Mate.

And thanks to Attalia and Gator. They are my mentors. I learned PA from Attalia and TF from Gator.
  • #899,902
  • May 21, 2014 1:02pm May 21, 2014 1:02pm
more of the same..." DONT WORRY GUYS WE GOT IT UNDER CONTROL"

"NO HIKES COMING, MOVE ALONG!!! trust us"
Twitter: @TrendersGame
  • #899,903
  • May 21, 2014 1:09pm May 21, 2014 1:09pm
In case someone would like to read a short version of the minutes, its an old article- but quite the same:

http://orcaforex.com/fomc-statement-...cused-summary/

* The meeting took place on April 2014, what was released few minutes ago was it's minutes - so it's the same
"It's the Margin, Stupid."
  • #899,904
  • May 21, 2014 1:16pm May 21, 2014 1:16pm
Finally nothing special, no spike, no high move, just a shake on UJ and up to now 16 pips only on EU. All waiting from days for that !
Little luck is forex water. Learn all Trading strategies, then forget them.
  • #899,905
  • May 21, 2014 1:18pm May 21, 2014 1:18pm
Quoting Alki
Finally nothing special, no spike, no high move, just a shake on UJ and up to now 16 pips only on EU. All waiting from days for that !
  • #899,906
  • May 21, 2014 1:18pm May 21, 2014 1:18pm
the market can be a bitch at times
  • #899,907
  • May 21, 2014 1:22pm May 21, 2014 1:22pm
I saw a line on CNBC that said "Rate Hikes are Not Immimen, too early to discuss"....



I wonder does the FOMC actually conduct the meeting with the minutes in mind. If not, then how does a line like that that get put into the minutes? Does the topic of rate hikes come up on the agenda then someone jumps up and says "nope too early, lets move on to the discussion about new leather chairs". They cant even have a plan to plan about the possibility of it, and their afraid to even bring it up at their own meetings. And what does its too early even mean? Does that mean the timing wasnt discussed at all?


The FOMC cant even diScuss what they need to at their own meetings because they're worried that the stenographer's notes might blow up the SPX.
Twitter: @TrendersGame
  • #899,908
  • May 21, 2014 1:25pm May 21, 2014 1:25pm
Quoting Citiboy
I saw a line on CNBC that said "Rate Hikes are Not Immimen, too early to discuss".... I wonder does the FOMC actually conduct the meeting with the minutes in mind. If not, then how does a line like that that get put into the minutes? Does the topic of rate hikes come up on the agenda then someone jumps up and says "nope too early, lets move on to the discussion about new leather chairs". They cant even have a plan to plan about the possibility of it, and their afraid to even bring it up at their own meetings. And what does its too early even mean?...
it means rate hikes are off the table for the time being. it's a gloomy description of US economy
  • #899,909
  • May 21, 2014 1:26pm May 21, 2014 1:26pm
Quoting Alki
Finally nothing special, no spike, no high move, just a shake on UJ and up to now 16 pips only on EU. All waiting from days for that !
It was expected...check the previous FOMC, nothing happened....US has no more impact lately....go ECB
COT: The precious data ignored
  • #899,910
  • May 21, 2014 1:28pm May 21, 2014 1:28pm
That should do it for today.
  • #899,911
  • May 21, 2014 1:31pm May 21, 2014 1:31pm
Quoting gatorinla
remainder of longs were s/o hours ago. i started buying 3658 till 3640... will close these below 39.
manual closing 20% at 66. remainder stop below low +1, will close more at 89-1.. letting the remainder run for now to s/o or higher
those who can, do. those who cant, talk about those who can
  • #899,912
  • May 21, 2014 1:34pm May 21, 2014 1:34pm
Quoting Citiboy
I saw a line on CNBC that said "Rate Hikes are Not Immimen, too early to discuss".... I wonder does the FOMC actually conduct the meeting with the minutes in mind. If not, then how does a line like that that get put into the minutes? Does the topic of rate hikes come up on the agenda then someone jumps up and says "nope too early, lets move on to the discussion about new leather chairs". They cant even have a plan to plan about the possibility of it, and their afraid to even bring it up at their own meetings. And what does its too early even mean?...
You have been reported to the FOMC police for attempting to discuss rate hikes. Expect a stern letter from Ben soon(tm)

Have a nice day
  • #899,913
  • May 21, 2014 1:36pm May 21, 2014 1:36pm
I think that 1.3633 ( 6 pips under GANN calculation), Famous Minutes of FOMC was bringing nothing special, BEAR was over and BULL comes finally.
Little luck is forex water. Learn all Trading strategies, then forget them.
  • #899,914
  • May 21, 2014 1:37pm May 21, 2014 1:37pm
When I first saw Yellen, I thought she will be a cute little market mover, but Yellen actually a cute little lady, who tranquilize the market...
Yellen = valerian of the market
f(z)=z2+c
  • #899,915
  • May 21, 2014 1:38pm May 21, 2014 1:38pm
Quoting Zircon
I'm gonna bought you sweety 1.3653
looking to similarities, nice one here
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 30 KB
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #899,916
  • May 21, 2014 1:39pm May 21, 2014 1:39pm
Try a hand at a short scalp around 3680 - 3700 range
  • #899,917
  • May 21, 2014 1:41pm May 21, 2014 1:41pm
Quoting Zircon
{quote} looking to similarities, nice one here {image}

trade safe guys
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #899,918
  • May 21, 2014 1:42pm May 21, 2014 1:42pm
Quoting hathor
When I first saw Yellen, I thought she will be a cute little market mover, but Yellen actually a cute little lady, who tranquilize the market... Yellen = valeriana of the market
nice one
  • #899,919
  • May 21, 2014 1:44pm May 21, 2014 1:44pm
Quoting aahmad29
I am adding second long position at 1.3660 Long Positions: 1. @ 1.3697 2. @ 1.3660 TP has been changed to 1.3699
I just came back from work and Wow i am lucky my pending 3rd long position is active at 1.3640.

Closed all longs at 1.3680

1. @1.3697 = -17 Pips
2. @1.3660 = +20 Pips
3. @1.3640 = +40 Pips
Love for all; Hatred for none.
  • #899,920
  • May 21, 2014 1:50pm May 21, 2014 1:50pm
Quoting Zircon
{quote} looking to similarities, nice one here {image}
if the pattern repeats in 7 days (15th and 21st may), you can imagine where it will take after 2 long tails..
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