It's fun to chum on about fundamentals as if we were all institutional traders managing billion dollar portfolios but at the end of the day technicals is where the rubber meets the road for retail traders. It's cool to have a bias based on fundi's but what makes money are entries & exits with proper risk/reward ratios not an Econ 101 degree from investopedia lol.
- #941,188
- Dec 4, 2014 9:35am Dec 4, 2014 9:35am
- | Commercial User | Joined Jul 2013 | 7,890 Posts
We watch the charts from every angle so you don't have to!!
- #941,190
- Dec 4, 2014 9:35am Dec 4, 2014 9:35am
- | Commercial User | Joined Oct 2012 | 3,968 Posts
It was very clearly a bearish up move.. just didn't know it would move down that many pips so quickly haha 
- #941,193
- Dec 4, 2014 9:36am Dec 4, 2014 9:36am
- | Joined Apr 2012 | Status: Trader | 1,823 Posts
Sometimes it's better to be wrong,to learn..
- #941,196
- Dec 4, 2014 9:38am Dec 4, 2014 9:38am
- | Joined May 2010 | Status: Non Member | 2,751 Posts
Is there any reason why I should believe a bloomberg report more thand the ECB chairman ? It's allmost like the continuous publication on the supposed illegality of the measures taken by the ecb. Sure babies, they dont have a legal service 
Don't be smart. Be rich.
- #941,197
- Dec 4, 2014 9:38am Dec 4, 2014 9:38am
- | Joined Jan 2012 | Status: Аdministrator | 1,215 Posts
G.R.E.A.T. news! Some prayers have been answered lol. 
But bulls won't give up this fight so easily, at least that's what it looks like.
But bulls won't give up this fight so easily, at least that's what it looks like.
- #941,198
- Dec 4, 2014 9:39am Dec 4, 2014 9:39am
- Joined May 2012 | Status: Senior Member | 3,085 Posts
{quote} Lol, this spike up pissed me off.. you doing nice today
well i'm sticking to my plan and shall the pair go beow 1.2330 then i'm willing to change my view and start looking for shorts
- #941,199
- Dec 4, 2014 9:39am Dec 4, 2014 9:39am
- | Commercial User | Joined Jul 2013 | 7,890 Posts
It was very clearly a bearish up move.. just didn't know it would move down that many pips so quickly haha
We watch the charts from every angle so you don't have to!!
- #941,200
- Dec 4, 2014 9:40am Dec 4, 2014 9:40am
{quote} Entries to the pip only with solid techs...
They often agree with the broader trend & help me stay on the right side of the trade. I just have to rely on simple technical levels for entries & exits.