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  • #905,101
  • Jun 18, 2014 11:21am Jun 18, 2014 11:21am
For those not sure dont do anything...

simply wait for a break above 1.36 or below 1.35, do not enter on the 1st break but better for those who are more conservative with their trading style to enter on the 2nd completing a FS.

Those who are already in with a position means or should mean they have a plan they have their SL or mental loss or emergency stop in place and if right great and if wrong no bother live to fight another day!

Thats it...
Cheers!!
  • #905,102
  • Jun 18, 2014 11:22am Jun 18, 2014 11:22am
No because you look for something in the past for the future. You think or dont think it will reach that level. It is always a prediction. The rational man dont exist.

Penny for your thoughts think that nothing will happend today and this has happende so many times before We wait the whole day and nothing happends


NOK/CHF declined 1% now today also the NOK/euro
  • #905,103
  • Jun 18, 2014 11:30am Jun 18, 2014 11:30am
Quoting MisterSpread
{quote} Hey DNT, still looking for 1.40 in the next weeks?
Ofcourse! however, i closed longs at 3583 and opened short.
The only reason i closed longs is that fomc will be volatile and can stop out any trades..and didnt wanted to give back what i have gained.
Stoploss breakeven now. waiting with orders long @ 3480
Attached Image (click to enlarge)
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fokyou forexfactory
  • #905,104
  • Jun 18, 2014 11:32am Jun 18, 2014 11:32am
i am one of those that is sure that no one has a crystal ball to predict moves. that is why i throw chicken bones

wanna hear something real crazy? whether you want it or not here it goes: up to 1.3835 (voided with a 1h close below 1.3460). still my long term trend is bearish to 1.2757.



have fun!
dreams do come true.
  • #905,105
  • Jun 18, 2014 11:33am Jun 18, 2014 11:33am
As mentioned in a previous post today, I expect price to go up above 1.3600 because of volatility, and when it comes down through that point again, I will enter short, stop loss 30 pips above the high made. TP will be long term 1.3230. What y'all think?
  • #905,106
  • Jun 18, 2014 11:36am Jun 18, 2014 11:36am
Quoting MarianneOslo
No because you look for something in the past for the future. You think or dont think it will reach that level. It is always a prediction. The rational man dont exist. Penny for your thoughts think that nothing will happend today and this has happende so many times before We wait the whole day and nothing happends NOK/CHF declined 1% now today also the NOK/euro
I guess, you did not get his point. He is manual. One good example, he may not be creating pending orders too. That is again prediction. He read the market reaction at every stop and make his Buy/Sell decision.
  • #905,107
  • Jun 18, 2014 11:41am Jun 18, 2014 11:41am
Quoting wannaberich
i am one of those that is sure that no one has a crystal ball to predict moves. that is why i throw chicken bones wanna hear something real crazy? whether you want it or not here it goes: up to 1.3835 (voided with a 1h close below 1.3460). still my long term trend is bearish to 1.2757. have fun!
I favor a spike up upon FOMC.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #905,108
  • Jun 18, 2014 11:41am Jun 18, 2014 11:41am
Me thinks she'll spike lower at release. No lower than 135 and will be back where she started by the time the dust has settled. UJ may get a net 30 pip gain out of this.
  • #905,109
  • Jun 18, 2014 11:42am Jun 18, 2014 11:42am
yes magicmen but no one is rational in this. I always look for support resistance etc. But there must be some thoughts in addition otherwise it will be a jojo up and down according to the price moving like maxdoom predicted
  • #905,110
  • Jun 18, 2014 11:48am Jun 18, 2014 11:48am
Quoting ffleo
{quote} I favor a spike up upon FOMC.
do you mean spike as in up then down (stop cleaning?) or a strong movement up?
i am "expecting" a strong move up with short or no stop cleaning down. maybe this is just wishfull thinking since, as i said it can go down up to 1.3460 without invalidating 1.3835...
dreams do come true.
  • #905,111
  • Jun 18, 2014 11:49am Jun 18, 2014 11:49am
Nice avatar lol. My short did not work out as I hoped pre-news. Oh well. I am still short long term, but we could see a spike up if FOMC is perceived as less hawkish than planned, but who the _ell knows (nobody here).
  • #905,112
  • Jun 18, 2014 11:49am Jun 18, 2014 11:49am
Quoting ffleo
hey guys I still have a 4 nipples avatar for sale. {image}
LOL still remember that.

waiting for 3835 for the drop LOLOL (will we get there?)
dreams do come true.
  • #905,113
  • Jun 18, 2014 11:50am Jun 18, 2014 11:50am
Quoting MarianneOslo
yes magicmen but no one is rational in this. I always look for support resistance etc. But there must be some thoughts in addition otherwise it will be a jojo up and down according to the price moving like maxdoom predicted
Some genius traders may not even follow technical and fundamental.
A trader just trade during NY session only for example. May be, he/she use LON and TOK as reaction instrument.
Anyway, again I am assuming here
  • #905,114
  • Jun 18, 2014 11:51am Jun 18, 2014 11:51am
Quoting wannaberich
{quote} LOL still remember that. waiting for 3835 for the drop LOLOL (will we get there?)
38xx not sure, but I expect 37xx
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #905,115
  • Jun 18, 2014 11:55am Jun 18, 2014 11:55am
hey PTL, long time no read

how are the mids going?
dreams do come true.
  • #905,116
  • Jun 18, 2014 11:57am Jun 18, 2014 11:57am
Hope for spike down to somewhere around 1.3480, and then up to 1.3680, that is my plan :o)

Edit: or my account will be burned as ..whatever D
  • #905,117
  • Jun 18, 2014 12:02pm Jun 18, 2014 12:02pm
Quoting wannaberich
{quote} do you mean spike as in up then down (stop cleaning?) or a strong movement up? i am "expecting" a strong move up with short or no stop cleaning down. maybe this is just wishfull thinking since, as i said it can go down up to 1.3460 without invalidating 1.3835...
so many supports down there:
Monthly S1 = 3480
Quarterly S1 = 3468
Yearly pivot = 3470
38.2% fib at 3475 of 2008 high to 2010 low.
last high of Feb 2012 and August 2013
last low of Jan 2014.
lower weekly up trendline.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #905,118
  • Jun 18, 2014 12:10pm Jun 18, 2014 12:10pm
Quoting ffleo
{quote} so many supports down there: Monthly S1 = 3480 Quarterly S1 = 3468 Yearly pivot = 3470 38.2% fib at 3475 of 2008 high to 2010 low. last high of Feb 2012 and August 2013 last low of Jan 2014. lower weekly up trendline.
my only problem is: my sl is not that big... using a loose one for volatility sake but not that big...
dreams do come true.
  • #905,119
  • Jun 18, 2014 12:11pm Jun 18, 2014 12:11pm
I got some major news guys.. before the FOMC meeting you HAVE to see this.. please keep this to yourself and dont tell anyone...
youtube.com/watch?v=ZPO6dOPxmr8
Focus, Patience, Determination & Order in chaos
  • #905,120
  • Jun 18, 2014 12:14pm Jun 18, 2014 12:14pm
Quoting saver0
I got some major news guys.. before the FOMC meeting you HAVE to see this.. please keep this to yourself and dont tell anyone... youtube.com/watch?v=ZPO6dOPxmr8
you already told everyone here about that video
ignore wackos and psychos, including myself. But I can't add myself to iggy
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