Hmmm...Now what ???
I exited EU shorts the moment I saw the number, will wait for some direction on it now
- #912,402
- Jul 24, 2014 9:09am Jul 24, 2014 9:09am
{quote} 1.3992 to 1.3438 and euro is stronger than usd. that is 554 pips in what 78 days.
Sure, what we have is 1.3992 to 1.3438 in 78 days. But read it correctly.. EURUSD moved from 1.3992 to 1.3438 in 78 days. Danger of reading the past as if its the present is that you can be pretty late to the party and could show up to the party when everybody already left.. haha. For example, shorting at a market bottom or going long at a top. Anyways, lets move on, I'm sure you are a very experienced trader.
I was only speaking of today, specifically to the movement that happened after the news release for a scalping trade. I mostly scalp. For the scalp, it was the case, GBPUSD dropped but EURUSD stalled and then went up higher because EUR was stronger compared to USD at that moment. So the theory is true, this is a way that you can trade news even. By the way, I don't swing trade. So my interest is in the moves that happen within a day. Everything that I will speak of is for short term. Max lasting a week or two
Focus, Patience, Determination & Order in chaos
- #912,404
- Jul 24, 2014 9:15am Jul 24, 2014 9:15am
- | Joined Jun 2014 | Status: Full time retard | 1,561 Posts
Hope this turd drops another 150 pips or so 
Why sell the bottoms when you can buy the tops...
- #912,405
- Jul 24, 2014 9:16am Jul 24, 2014 9:16am
- Joined Oct 2008 | Status: sideline is a position | 105,124 Posts
those who can, do. those who cant, talk about those who can
- #912,406
- Jul 24, 2014 9:17am Jul 24, 2014 9:17am
- | Joined Feb 2012 | Status: Giving earnings to the wife | 1,193 Posts
I don't even have a cool signature
- #912,409
- Jul 24, 2014 9:29am Jul 24, 2014 9:29am
- Joined Oct 2008 | Status: sideline is a position | 105,124 Posts
those who can, do. those who cant, talk about those who can
- #912,411
- Jul 24, 2014 9:31am Jul 24, 2014 9:31am
{quote} It utterly astonishes me that anyone would buy eurousd on the basis of a pathetic telease of data at the end of the day... But as we can say, there are many a fool in this game... Its is indeed true, the world is full of idiots its just a mish mash of confused greed, a complete random nest of blind idiots... Buy a ticket on the lottery. You got more chance of winning
Relax there fellow trader, anger is counter productive
As a collective, we will have all kinds of people.. i guess including those who would get angry at people on a forum thread.. 
what has the world come to?.. where is the love? 
Focus, Patience, Determination & Order in chaos
- #912,412
- Jul 24, 2014 9:33am Jul 24, 2014 9:33am
- Joined Oct 2008 | Status: sideline is a position | 105,124 Posts
those who can, do. those who cant, talk about those who can
- #912,414
- Jul 24, 2014 9:46am Jul 24, 2014 9:46am
- Joined Nov 2012 | Status: Trader | 12,211 Posts
{quote} It utterly astonishes me that anyone would buy eurousd on the basis of a pathetic telease of data at the end of the day... But as we can say, there are many a fool in this game... Its is indeed true, the world is full of idiots its just a mish mash of confused greed, a complete random nest of blind idiots... Buy a ticket on the lottery. You got more chance of winning
- #912,416
- Jul 24, 2014 10:17am Jul 24, 2014 10:17am
- | Joined Feb 2012 | Status: Giving earnings to the wife | 1,193 Posts
I don't even have a cool signature
- #912,417
- Jul 24, 2014 10:47am Jul 24, 2014 10:47am
- | Commercial User | Joined Jul 2013 | 7,881 Posts
We watch the charts from every angle so you don't have to!!
- #912,418
- Jul 24, 2014 11:06am Jul 24, 2014 11:06am
- Joined Oct 2008 | Status: sideline is a position | 105,124 Posts
those who can, do. those who cant, talk about those who can
- #912,420
- Jul 24, 2014 12:31pm Jul 24, 2014 12:31pm
- Joined Aug 2009 | Status: Ride the Pig | 31,271 Posts
Look Sharp/Trade Tight