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  • #936,961
  • Nov 19, 2014 12:08pm Nov 19, 2014 12:08pm
Quoting jcb94
{quote} Ok thanks, what kind of pip movement are we talking? I'm not quite sure what to do with my EUR/USD short that's currently 23 pips in the red.
in the first minutes of FOMC the price action can go up or down by 30+ pips in seconds so my advice is to put your TP +1pip and hopefully it will trigger your TP
  • #936,962
  • Nov 19, 2014 12:12pm Nov 19, 2014 12:12pm
Technically speaking I see a bearish divergence on H4 and H1.
  • #936,963
  • Nov 19, 2014 12:13pm Nov 19, 2014 12:13pm
Quoting jcb94
As a new trader, this is my first FOMC. What kind of effect is it likely to have?
Exit all your trades and enjoy the fireworks. But sometimes, there are no fireworks.
Don't be smart. Be rich.
  • #936,964
  • Nov 19, 2014 12:14pm Nov 19, 2014 12:14pm
I am short myself heading into fomc.

For those new to news trading. I would recommend being flat, digest the news, wait for a directional move then get in on a pull back. This is the safest way
  • #936,965
  • Nov 19, 2014 12:14pm Nov 19, 2014 12:14pm
Quoting maximinus
{quote} Exit all your trades and enjoy the fireworks. But sometimes, there are no fireworks.
ooh exciting! The irony is i will be a bit distracted at the time because I will be in a trading and investing society for my university lol
Volatility makes me feel alive!
  • #936,966
  • Nov 19, 2014 12:15pm Nov 19, 2014 12:15pm
Quoting jcb94
As a new trader, this is my first FOMC. What kind of effect is it likely to have?
It's like dating a girl for the first time .........
  • #936,967
  • Nov 19, 2014 12:15pm Nov 19, 2014 12:15pm
seems EU will go to 1.252217 in a blitzkrieg
  • #936,968
  • Nov 19, 2014 12:16pm Nov 19, 2014 12:16pm
Quoting Ken A
{quote} It's like dating a girl for the first time .........
up and down

Hero calls followed by margin calls...
  • #936,969
  • Nov 19, 2014 12:16pm Nov 19, 2014 12:16pm
Quoting Ken A
{quote} It's like dating a girl for the first time .........
  • #936,970
  • Nov 19, 2014 12:17pm Nov 19, 2014 12:17pm
Quoting PhAnTi'
{quote} up and down
... AND getting out on time...
  • #936,971
  • Nov 19, 2014 12:19pm Nov 19, 2014 12:19pm
Quoting MaxDoom
{quote}
Welcome back Max
  • #936,972
  • Nov 19, 2014 12:22pm Nov 19, 2014 12:22pm
Have a pending sell at 1.25899
A good trader follows his rules, but great trader knows when to break them
  • #936,973
  • Nov 19, 2014 12:22pm Nov 19, 2014 12:22pm
Quoting Rockerzeus
{quote} Welcome back Max
i have been busy plus eu has been the poor option to trade recently for my style.I like 1.245x. As a short target
  • #936,974
  • Nov 19, 2014 12:24pm Nov 19, 2014 12:24pm
Quoting ill_be_back
Have a pending sell at 125.899
either you posted the wrong price (1.25899), or posted in the wrong board (EU/JPY)

But i wouldn't expect EU to be at 125.899 for like.......... 500 years or so. You might want to cancel that order
forex forex forex
  • #936,975
  • Nov 19, 2014 12:24pm Nov 19, 2014 12:24pm
Quoting Ken A
{quote} It's like dating a girl for the first time .........
and she run away at the same time when ........................... just at take profit time
don't predict direction, but dance with flow of water
  • #936,976
  • Nov 19, 2014 12:24pm Nov 19, 2014 12:24pm
Quoting MaxDoom
{quote} i have been busy plus eu has been the poor option to trade recently for my style.
so we can assume we will see good move during FOMC because you are back.
  • #936,977
  • Nov 19, 2014 12:27pm Nov 19, 2014 12:27pm
Quoting swimmax
{quote} either you posted the wrong price (1.25899), or posted in the wrong board (EU/JPY) But i wouldn't expect EU to be at 125.899 for like.......... 500 years or so. You might want to cancel that order

Thanks Corrected
A good trader follows his rules, but great trader knows when to break them
  • #936,978
  • Nov 19, 2014 12:28pm Nov 19, 2014 12:28pm
Quoting Rockerzeus
{quote} so we can assume we will see good move during FOMC because you are back.
Nothing is a given...... but what has changed eh. Euro on crapper us ok. Shorts are the best option for larger moves
  • #936,979
  • Nov 19, 2014 12:32pm Nov 19, 2014 12:32pm
Quoting MaxDoom
{quote} Nothing is a given...... but what has changed eh. Euro on crapper us ok. Shorts are the best option for larger moves
Juncker and Weidmann can save Europa

You heading to slopes lately? middle of december im booked in AUT
  • #936,980
  • Nov 19, 2014 12:36pm Nov 19, 2014 12:36pm
Quoting MaxDoom
{quote} Nothing is a given...... but what has changed eh. Euro on crapper us ok. Shorts are the best option for larger moves
Thanks for the comment
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