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  • #936,961
  • Nov 19, 2014 10:08am Nov 19, 2014 10:08am
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 10:12am Nov 19, 2014 10:12am
Technically speaking I see a bearish divergence on H4 and H1.
  • #936,963
  • Nov 19, 2014 10:13am Nov 19, 2014 10:13am
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 10:14am Nov 19, 2014 10:14am
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 10:14am Nov 19, 2014 10:14am
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 10:15am Nov 19, 2014 10:15am
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 10:15am Nov 19, 2014 10:15am
seems EU will go to 1.252217 in a blitzkrieg
  • #936,968
  • Nov 19, 2014 10:16am Nov 19, 2014 10:16am
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 10:16am Nov 19, 2014 10:16am
Quoting Ken A
{quote} It's like dating a girl for the first time .........
  • #936,970
  • Nov 19, 2014 10:17am Nov 19, 2014 10:17am
Quoting PhAnTi'
{quote} up and down
... AND getting out on time...
  • #936,971
  • Nov 19, 2014 10:19am Nov 19, 2014 10:19am
Quoting MaxDoom
{quote}
Welcome back Max
  • #936,972
  • Nov 19, 2014 10:22am Nov 19, 2014 10:22am
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 10:22am Nov 19, 2014 10:22am
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 10:24am Nov 19, 2014 10:24am
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 10:24am Nov 19, 2014 10:24am
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 10:24am Nov 19, 2014 10:24am
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 10:27am Nov 19, 2014 10:27am
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 10:28am Nov 19, 2014 10:28am
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 10:32am Nov 19, 2014 10:32am
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 10:36am Nov 19, 2014 10:36am
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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