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  • #981,241
  • Apr 15, 2015 5:25am Apr 15, 2015 5:25am
Quoting TataFara
The recent price action has screwed up my head. I see every upside movement as fake, and every downside as trap. my hand is shaking I couldnot pull the trigger anymore. I do not know the name of this disease, but I think if I sleep for two days might help clear it from my head.
you are correct, it is "Trader Burnout" you need sleep will help if no trades are running, today was very crazy day to be trading, low data low liquidity, would suggest to leave these days alone, pity because action about to start in 80mins
If you are new to Forex? Say Goodbye to your account!!
  • #981,242
  • Apr 15, 2015 5:26am Apr 15, 2015 5:26am
resistance now
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  • #981,243
  • Apr 15, 2015 5:27am Apr 15, 2015 5:27am
That's maybe funny, but last night I dreamed, that ECB cut Interest rates Ha ha, what if it's true
  • #981,244
  • Apr 15, 2015 5:28am Apr 15, 2015 5:28am
75% of that move was given up in less than 24 hours. The market is talking to you...are you listening?
Don't trade the noise
  • #981,245
  • Apr 15, 2015 5:31am Apr 15, 2015 5:31am
Quoting TTFXHammer
Why do people keep fighting this thing? It made perfect sense for the MM's to use weaker than expected US data to run E/U up so they could stop out weak shorts and trap more longs. When, if you actually look at the numbers, they were good...just a little behind the inflated expected. Draghi will most likely be dovish this morning and keep pushing this baby to the downside. Still holding out for at least 1.0450
What Draghi could say to look dovish that the market does not know? Possibly very very little. Drahi could be neutral, most probably. But what if he mentioned things like euro depreciated too fast and it is undervalued!!!.
What if he says something about tapering!!,!
What if he says something about negative bond and possible scarcity of Qe to purchase.
There are many what IFS, he could say that might send euro up to levels not seen long time ago.
Never be so confident about central banks...
  • #981,246
  • Apr 15, 2015 5:34am Apr 15, 2015 5:34am
Quoting kuroro001
I don't remember an ECB meeting on wednesday ? Its usually on thursday... How come ? Is Draghi leaving on vacation tonight with all the money he stole from bulls ?
blabbermouth cant wait anymore to share good news with us..
follow the flow
  • #981,247
  • Apr 15, 2015 5:36am Apr 15, 2015 5:36am
This thing is gonna whip all over after he speaks..
Back from the dead * ding fries are done *
  • #981,248
  • Apr 15, 2015 5:39am Apr 15, 2015 5:39am
Quoting TataFara
{quote} What Draghi could say to look dovish that the market does not know? Possibly very very little. Drahi could be neutral, most probably. But what if he mentioned things like euro depreciated too fast and it is undervalued!!!. What if he says something about tapering!!,! What if he says something about negative bond and possible scarcity of Qe to purchase. There are many what IFS, he could say that might send euro up to levels not seen long time ago. Never be so confident about central banks...
I agree, and tend to shy away from central banks. However, I have built a very good position over the last 5 days and given Draghis naturally pessimistic nature, I can afford to stay in the trade through ECB. I wouldn't make a play here if I wasn't already in
Don't trade the noise
  • #981,249
  • Apr 15, 2015 5:42am Apr 15, 2015 5:42am
Quoting TTFXHammer
75% of that move was given up in less than 24 hours. The market is talking to you...are you listening?
Good point.
  • #981,250
  • Apr 15, 2015 5:54am Apr 15, 2015 5:54am
A lot of people gonna lose some money today. Some people will lose a lot of money. If you arent short from 1.10xx or 1.07xx, the time has already passed. Don't short this directly into resistance.

No break of the LL, NO SHORT FROM HERE.
  • #981,251
  • Apr 15, 2015 6:13am Apr 15, 2015 6:13am
Quoting Pharm0r
A lot of people gonna lose some money today. Some people will lose a lot of money. If you arent short from 1.10xx or 1.07xx, the time has already passed. Don't short this directly into resistance. No break of the LL, NO SHORT FROM HERE.
now you did it... you killed the thread dead!
Fail better.
  • #981,252
  • Apr 15, 2015 6:20am Apr 15, 2015 6:20am
Quoting LarryDarrell
{quote} now you did it... you killed the thread dead!
he forgot to mention some will make loads of money today!! hahaha for every winner there is a looser also
All posts are my personal opinion
  • #981,253
  • Apr 15, 2015 6:20am Apr 15, 2015 6:20am
Quoting LarryDarrell
{quote} now you did it... you killed the thread dead!
I'd imagine bulls aren't happy.

Tends to get quiet lately when they are at risk.........as they've been the ones driving the thread as of late....personally I believe they still have a chance.....even though I'm short from .07xx

Quoting Rtm
{quote}he forgot to mention some will make loads of money today!! hahaha for every winner there is a looser also
Absolutely
  • #981,254
  • Apr 15, 2015 6:26am Apr 15, 2015 6:26am
Quoting Pharm0r
{quote} What about the weekly/monthly?
No clear Picture on w/m TF except down , But as for todays setup its bullish until it breaks the 1.0520 level
Every Good Things Starts With "Bismillah"
  • #981,255
  • Apr 15, 2015 6:30am Apr 15, 2015 6:30am
Quoting ghoussse
{quote} No clear Picture on w/m TF except down , But as for todays setup its bullish until it breaks the 1.0520 level
So since Daily has a bull candle, it's a clear picture, but since weekly and monthly are bearish, it's not a clear picture?
  • #981,256
  • Apr 15, 2015 6:31am Apr 15, 2015 6:31am
Quoting Rtm
{quote}he forgot to mention some will make loads of money today!! hahaha for every winner there is a looser also
forex turnover is many trillions everyday, with numbers like that even the crumbs that fall off the table will make the rats on the floor very wealthy, same with the smaller crumbs that fall thru the cracks in the floor will make the insects and termites very wealthy, retail traders are no more the the fungus on the termites bum, scrabbling for whatever they poop out, 15mins and the fun/feast begins
If you are new to Forex? Say Goodbye to your account!!
  • #981,257
  • Apr 15, 2015 6:36am Apr 15, 2015 6:36am
Quoting KiwiTrada
{quote} forex turnover is many trillions everyday, with numbers like that even the crumbs that fall off the table will make the rats on the floor very wealthy, same with the smaller crumbs that fall thru the cracks in the floor will make the insects and termites very wealthy, retail traders are no more the the fungus on the termites bum, scrabbling for whatever they poop out, 15mins and the fun/feast begins
eu level / zone in play seems to be last Fridays close and this weeks open
If you are new to Forex? Say Goodbye to your account!!
  • #981,258
  • Apr 15, 2015 6:40am Apr 15, 2015 6:40am
Quoting KiwiTrada
{quote} forex turnover is many trillions everyday, with numbers like that even the crumbs that fall off the table will make the rats on the floor very wealthy, same with the smaller crumbs that fall thru the cracks in the floor will make the insects and termites very wealthy, retail traders are no more the the fungus on the termites bum, scrabbling for whatever they poop out, 15mins and the fun/feast begins
Then I reckon the human who ate the breads are freaking wealthy and big to the rats, that's why they are called 'big boys' ?
Read the entire market, money is made on the main trend not the fluctuation
  • #981,259
  • Apr 15, 2015 6:42am Apr 15, 2015 6:42am
Quoting KiwiTrada
{quote} forex turnover is many trillions everyday, with numbers like that even the crumbs that fall off the table will make the rats on the floor very wealthy, same with the smaller crumbs that fall thru the cracks in the floor will make the insects and termites very wealthy, retail traders are no more the the fungus on the termites bum, scrabbling for whatever they poop out, 15mins and the fun/feast begins
I have never in my life seen such a good complement.
  • #981,260
  • Apr 15, 2015 6:43am Apr 15, 2015 6:43am
Quoting KiwiTrada
{quote} forex turnover is many trillions everyday, with numbers like that even the crumbs that fall off the table will make the rats on the floor very wealthy, same with the smaller crumbs that fall thru the cracks in the floor will make the insects and termites very wealthy, retail traders are no more the the fungus on the termites bum, scrabbling for whatever they poop out, 15mins and the fun/feast begins
Ye for every winner there is looser...for all retailers there is one whale sitting in City London. Thats how small retailers are.
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