{quote}that my friend is what i call a bazooka
His so-called trades aren't real, you should know this if you follow a little the thread. Any "info" he posts is usually a plain lie too !
{quote} That's how you call an idiot inventing himself stories ?
If he's real, and wrong he will will be poorer.
But if he's right he will be better than any self-professed defiant Franc bull
- #12,627
- Nov 5, 2014 12:43am Nov 5, 2014 12:43am
Isn't it wonderful to see UJ flying more than 500 pips in few days while EC going down to new lows
BOJ further easing despite UJ going to past long years record highs while SNB members shutting their mouths and when they talk their words seem mixed as if not knowing what to do, no decision, other than the nonsense utmost despite they have many options firstly with verbal intervention, negative rate on deposits to some small intervention.
Even with the latter a spike to 1.2150 for example will mix the EC chart technically to the upward again, giving SNB at least a month or so time(next meeting) for a breath.
Look at USDHKD, from the peg level 7.75 to 200 pips upward took 3 days while more than a month to go down to near the peg again, but at least there was much time and many good trading for the pair instead of small sliding of EC!!!
If just 100 pip spike happens in EC, we'll have many opportunities of 10 pips least before it goes back to the 1.2050 again as the pair will be moving... not like now stuck!!
The problem in EC is not in going near the floor but how much time will it stay on current levels with no real movement?!
I careless on swap because am not hit with negative ones on EC Longs as most Bulls are, so my worst drama is longing and waiting
, no loss but just floating.... positions
But again, TIME IS MONEY!
EC New Low levels to Long at are 1.2020 followed by 1.2005, add spread to it.
On the upside, moving slowly like this will find 1.2055 1.2065 and 1.2075 at best!!
Higher targets are 1.2090s, 1.2130s
I remind EC Bulls that stop loss does not exist on this pair, neither 1.1999 nor 1.1950 or any fixed number, it is when your account goes to 0. So make your money management well below 1.20, at least some dozens of pips.
Take Profit must be set on 0 too maybe any intervention or some spike occur, anyways can exit your positions manually anytime better than beating yourself later for setting a take profit price!!
BOJ further easing despite UJ going to past long years record highs while SNB members shutting their mouths and when they talk their words seem mixed as if not knowing what to do, no decision, other than the nonsense utmost despite they have many options firstly with verbal intervention, negative rate on deposits to some small intervention.
Even with the latter a spike to 1.2150 for example will mix the EC chart technically to the upward again, giving SNB at least a month or so time(next meeting) for a breath.
Look at USDHKD, from the peg level 7.75 to 200 pips upward took 3 days while more than a month to go down to near the peg again, but at least there was much time and many good trading for the pair instead of small sliding of EC!!!
If just 100 pip spike happens in EC, we'll have many opportunities of 10 pips least before it goes back to the 1.2050 again as the pair will be moving... not like now stuck!!
The problem in EC is not in going near the floor but how much time will it stay on current levels with no real movement?!
I careless on swap because am not hit with negative ones on EC Longs as most Bulls are, so my worst drama is longing and waiting
, no loss but just floating.... positionsBut again, TIME IS MONEY!
EC New Low levels to Long at are 1.2020 followed by 1.2005, add spread to it.
On the upside, moving slowly like this will find 1.2055 1.2065 and 1.2075 at best!!
Higher targets are 1.2090s, 1.2130s
I remind EC Bulls that stop loss does not exist on this pair, neither 1.1999 nor 1.1950 or any fixed number, it is when your account goes to 0. So make your money management well below 1.20, at least some dozens of pips.
Take Profit must be set on 0 too maybe any intervention or some spike occur, anyways can exit your positions manually anytime better than beating yourself later for setting a take profit price!!
Trade according to current market condition, not what you think would be.
- #12,638
- Nov 5, 2014 11:07pm Nov 5, 2014 11:07pm
The dirty decision is CLEAR. EC near to the 1.20 before ECB Rate and Policy Decision.
How beautiful SNB is Instead of maintaining a price above 1.21 or at worst 1.2050 to easily control, look where we are now!! only 30 pips from the floor!! Who knows how much tight it will become as hours run, how can any central bank control market price in this tight range on a major decision??!
SNB is playing in a wide field full of bombs that will fire at anytime and ofcourse no one will be hurt more than retail traders
I'm sure that EC will spike upward sooner or later but the danger of a quick dip below 1.20 even if briefly can hurt many Bulls just because SNB decided to work recklessly!!
EC movement had been good yesterday to today of many 8-10 pips but this does not help us Bulls as going upward to 1.2080 or 1.2100 least then down to 1.2070 or 1.2050 then upward to 1.2090 then to 1.2050 or 1.2030 and so on...since this wide range of movement will help in closing past open positions located upward to use the Super Heavy Long Lots of it downward.
Have two Longs on 1.2072 and 1.2075, one on 1.2053. The latter was very disturbing to leave open instead of exiting and using the lots for 1.2030s but the market hadn't give the opportunity to exit it when it could had easily bounced back to retest 1.2050 that will happen today I believe
This is the best way to trade this pair always if wanna take the most out of these small moves.
No one can trade perfectly all the time but this is how Perfect Trading works
How beautiful SNB is
Instead of maintaining a price above 1.21 or at worst 1.2050 to easily control, look where we are now!! only 30 pips from the floor!! Who knows how much tight it will become as hours run, how can any central bank control market price in this tight range on a major decision??!SNB is playing in a wide field full of bombs that will fire at anytime and ofcourse no one will be hurt more than retail traders
I'm sure that EC will spike upward sooner or later but the danger of a quick dip below 1.20 even if briefly can hurt many Bulls just because SNB decided to work recklessly!!
EC movement had been good yesterday to today of many 8-10 pips but this does not help us Bulls as going upward to 1.2080 or 1.2100 least then down to 1.2070 or 1.2050 then upward to 1.2090 then to 1.2050 or 1.2030 and so on...since this wide range of movement will help in closing past open positions located upward to use the Super Heavy Long Lots of it downward.
Have two Longs on 1.2072 and 1.2075, one on 1.2053. The latter was very disturbing to leave open instead of exiting and using the lots for 1.2030s but the market hadn't give the opportunity to exit it when it could had easily bounced back to retest 1.2050 that will happen today I believe
This is the best way to trade this pair always if wanna take the most out of these small moves.
No one can trade perfectly all the time but this is how Perfect Trading works
Trade according to current market condition, not what you think would be.
- #12,639
- Nov 5, 2014 11:25pm Nov 5, 2014 11:25pm
The dirty decision is CLEAR. EC near to the 1.20 before ECB Rate and Policy Decision. How beautiful SNB is