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  • #981,261
  • Apr 15, 2015 6:44am Apr 15, 2015 6:44am
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
lol i am humble from my beginnings and where i come from, i was once just a little tiny sperm like you. but we pushed on and made it.
All posts are my personal opinion
  • #981,262
  • Apr 15, 2015 6:45am Apr 15, 2015 6:45am
nice timing

EU Loan Tranche for Greece Won't Be Paid in April -- German Ministry
  • #981,263
  • Apr 15, 2015 6:45am Apr 15, 2015 6:45am
Why are people so excited about the interest rate...lol...it's not like anything is going to change.
Why sell the bottoms when you can buy the tops...
  • #981,264
  • Apr 15, 2015 6:49am Apr 15, 2015 6:49am
Quoting JustAndy
Why are people so excited about the interest rate...lol...it's not like anything is going to change.
depends what your watching
If you are new to Forex? Say Goodbye to your account!!
  • #981,265
  • Apr 15, 2015 6:51am Apr 15, 2015 6:51am
todays no big boys here yet, looks like retail are doing....volliaty is low.
  • #981,266
  • Apr 15, 2015 6:56am Apr 15, 2015 6:56am
Quoting KiwiTrada
{quote} depends what your watching
Was talking about the ECB interest rate decision

Anyway, I see that 0560 is the next stop...will see where Wonder Draghi drags this pair for today.
Why sell the bottoms when you can buy the tops...
  • #981,267
  • Apr 15, 2015 6:56am Apr 15, 2015 6:56am
Quoting tankokjian
todays no big boys here yet, looks like retail are doing....volliaty is low.
Retail traders could never push E/U 120 pips in 12 hours...they only make up about $500 billion of the $5.3 trillion that turns over everyday in the Forex. You'd better believe they're in here
Don't trade the noise
  • #981,268
  • Apr 15, 2015 6:56am Apr 15, 2015 6:56am
Quoting MaxDoom
nice timing EU Loan Tranche for Greece Won't Be Paid in April -- German Ministry
timing ok but same bullshit everyday.
  • #981,269
  • Apr 15, 2015 6:58am Apr 15, 2015 6:58am
Quoting TTFXHammer
{quote} Retail traders could never push E/U 120 pips in 12 hours...they only make up about $500 billion of the $5.3 trillion that turns over everyday in the Forex. You'd better believe they're in here
500 billion out of 5.3 trillion is 10% which is not bad as a weightage
  • #981,270
  • Apr 15, 2015 6:58am Apr 15, 2015 6:58am
killing eg 45
  • #981,271
  • Apr 15, 2015 7:00am Apr 15, 2015 7:00am
Quoting giveachance
{quote} 500 billion out of 5.3 trillion is 10% which is not bad as a weightage
that would be assuming 100% of that 500 billion went one direction, or at least most of it. (in regards to them moving the EU 120 pips in 12 hours)

Looks as if to me someone(s) with a lot of money took an early position
  • #981,272
  • Apr 15, 2015 7:02am Apr 15, 2015 7:02am
you're right ,I don't know if there are many bulls

Quoting Pharm0r
{quote} 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?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #981,273
  • Apr 15, 2015 7:03am Apr 15, 2015 7:03am
Quoting 21vs7
killing eg 45
I love E/G...I'm in from .7248. Levels where you'll see some buyers.....7156, .7147, and then .7134. Looking for .7134, but will trail close once we get to 50. Unless of course we just blow through from Draghis speech...then .7094 will come into play
Don't trade the noise
  • #981,274
  • Apr 15, 2015 7:04am Apr 15, 2015 7:04am
Draghi to cut the term short on bond purchasing ... i would say that if im draghi.
  • #981,275
  • Apr 15, 2015 7:05am Apr 15, 2015 7:05am
newbie here.

newstime is coming up. what are predictions? should I long or short? toss a coin?
  • #981,276
  • Apr 15, 2015 7:06am Apr 15, 2015 7:06am
1.056XXX , 1.052XXX . see if hell break loose. might be disppointment
  • #981,277
  • Apr 15, 2015 7:11am Apr 15, 2015 7:11am
Quoting Bones
you're right ,I don't know if there are many bulls {quote}
I don't trust it....always two sides...

Bulls have as good an R:R as they're gonna get from here to the low..

Always need new blood to break a LL or HH, bears grabbed that @ .07xx
  • #981,278
  • Apr 15, 2015 7:13am Apr 15, 2015 7:13am
Quoting Pharm0r
{quote} I don't trust it....always two sides... Bulls have as good an R:R as they're gonna get from here to the low..
just sell if it break 1.05X , buy if it breaks 1.066

1.05 is a important zone.
  • #981,279
  • Apr 15, 2015 7:17am Apr 15, 2015 7:17am
if it doesnt break it will be a double bottom.... i love double bottoms . i love to see it break too. both !!!
  • #981,280
  • Apr 15, 2015 7:18am Apr 15, 2015 7:18am
My guess is the bottom wont fall out today?

More news soon? ECB whore fest meeting coming up.. MM pigs
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