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  • #1,066,341
  • May 6, 2016 3:22am May 6, 2016 3:22am
Quoting TudorIoan
{quote} Hi, do you think that German Retail PMI helped bears like me at this hour?
Oh yes! I am short from 1.14219 for now. Catching some quick green pips.
  • #1,066,342
  • May 6, 2016 3:23am May 6, 2016 3:23am
Forex factory put a yellow next to the news for a reason
  • #1,066,343
  • May 6, 2016 3:27am May 6, 2016 3:27am
Quoting Don96
Forex factory put a yellow next to the news for a reason
In an information void before the NFP storm any "yellow" can matter ...just for a while
...balance the news, remember?
Member
  • #1,066,344
  • May 6, 2016 3:27am May 6, 2016 3:27am
Quoting Don96
Forex factory put a yellow next to the news for a reason
Still enough momentum for a few easy pips.
  • #1,066,345
  • May 6, 2016 3:29am May 6, 2016 3:29am
Quoting TudorIoan
{quote} In an information void before the NFP storm any "yellow" can matter ...just for a while ...balance the news, remember?
The news was irrelevant, a 10 pips move isn't justified by it. They happen all the time. Period
  • #1,066,346
  • May 6, 2016 3:30am May 6, 2016 3:30am
Quoting Don96
{quote} The news was irrelevant, a 10 pips move isn't justified by it. They happen all the time. Period
You're right about that, Don. I was just teasing. Love!
Member
  • #1,066,347
  • May 6, 2016 3:32am May 6, 2016 3:32am
Quoting TudorIoan
{quote} You're right about that, Don. I was just teasing. Love!
Seriously now, you need to stop hoping your trades work through the news... it's advice, I'm not saying your wrong but once you realise you'll start to get better results I'm sure
  • #1,066,348
  • May 6, 2016 3:36am May 6, 2016 3:36am
Quoting TudorIoan
...and the rumors turned like payrolls may come out bad for US dollar
If it is a rumor that YOU and all the others know, then its already priced in! No worries I am short too since a while from 1.1500, target 1.1370 for now. Just ignore the nay-sayers and "I know it all" guys here that try to educate you how to trade all the time ThatŽs what theyŽve made this ignore button for.
  • #1,066,349
  • May 6, 2016 3:38am May 6, 2016 3:38am
I just took a small short on UCHF aswell
  • #1,066,350
  • May 6, 2016 3:39am May 6, 2016 3:39am
Quoting Don96
{quote} Seriously now, you need to stop hoping your trades work through the news... it's advice, I'm not saying your wrong but once you realise you'll start to get better results I'm sure
Flattered! Thnx.
To be fair I have the yellow marks filtred on FF, I don't see them ..I heard of German PMI from cbb trader who large-hearted shared with us
How about to care of NFP gossips? ...any advice? seriously
Member
  • #1,066,351
  • May 6, 2016 3:43am May 6, 2016 3:43am
Quoting geektrader
{quote} If it is a rumor that YOU and all the others know, then its already priced in! No worries I am short too since a while from 1.1500, target 1.1370 for now. Just ignore the nay-sayers and "I know it all" guys here that try to educate you how to trade all the time Thats what theyve made this ignore button for.
Thanx supporting my feeling about my sweet short
I wish to be that confindent as you are, seriously

Edit: Hope that DP 1.1427 will hold
Member
  • #1,066,352
  • May 6, 2016 3:44am May 6, 2016 3:44am
Quoting geektrader
{quote} If it is a rumor that YOU and all the others know, then its already priced in! No worries
  • #1,066,353
  • May 6, 2016 3:50am May 6, 2016 3:50am
Quoting TudorIoan
{quote} Thanx supporting my feeling about my sweet short I wish to be that confindent as you are, seriously Edit: Hope that DP 1.1427 will hold
If not, cut the trade, next one is around the corner for sure. Dont be emotional with that stuff.... set a straight SL where your trade is NOT valid anymore for you. Then do the next trade later on when appropriate. Money making in Forex must be BORING. I trade the H4, just check everything all 4 hours (not in the night though, I skip one time there). Absolutely relaxing...

Current positions (profit is in pips):
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  • #1,066,354
  • May 6, 2016 3:55am May 6, 2016 3:55am
Continuation of my yesterdays analysis. As I've said price found support 1.139 and is critical juncture for trend defining. If it breaks it's all over. The eur will fall.

BUT

if 1.147 breaks on the upside, which probably will THEN it's a start of a very strong NEW long term trend to the upside.

Let's see what NFP brings to the table.

ValentinoFx
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  • #1,066,355
  • May 6, 2016 3:57am May 6, 2016 3:57am
Quoting geektrader
{quote} If not, cut the trade, next one is around the corner for sure. Dont be emotional with that stuff.... set a straight SL where your trade is NOT valid anymore for you. Then do the next trade later on when appropriate. Money making in Forex must be BORING. I trade the H4, just check everything all 4 hours (not in the night though, I skip one time there). Absolutely relaxing...
Thanx wakeing me up. I think I'll kill the short soon ...but only if it outrunning DP with some 5 pips
My broker's anayst calls for 1.1600 at NFP
Member
  • #1,066,356
  • May 6, 2016 3:57am May 6, 2016 3:57am
Quoting TudorIoan
{quote} Thanx wakeing me up. I think I'll kill the short soon ...but only if it outrunning DP with some 5 pips My broker's anayst calls for 1.1600 at NFP
If your broker is a market maker, then it will exactly NOT go there since otherwise heŽll lose
  • #1,066,357
  • May 6, 2016 4:00am May 6, 2016 4:00am
Quoting TudorIoan
{quote} Thanx wakeing me up. I think I'll kill the short soon ...but only if it outrunning DP with some 5 pips My broker's anayst calls for 1.1600 at NFP
SHIT. That sucks to hear. Because like geektrader said brokers mostly make money on contrarian positions to retailers. So that is a bad signal for my BUY sentiment... but good for your SELL one.

It's all perspective.
  • #1,066,358
  • Edited 4:27am May 6, 2016 4:01am | Edited 4:27am
Quoting geektrader
{quote} If your broker is a market maker, then it will exactly NOT go there since otherwise hell lose
Quoting ValentinoFx.
{quote} SHIT. That sucks to hear. Because like geektrader said brokers mostly make money on contrarian positions to retailers. So that is a bad signal for my BUY sentiment... but good for your SELL one. It's all perspective.
You're right ...my analyst, probably he will
Anyway, I'll listen nobody now, need to focus
...thnx both of you, anyway
Member
  • #1,066,359
  • May 6, 2016 4:14am May 6, 2016 4:14am
lol. fxtyrant is going to blow up. USDCAD is going below 1.20. Look at all the selling in it this week.
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  • #1,066,360
  • May 6, 2016 4:17am May 6, 2016 4:17am
Quoting rahulkghosh
lol. fxtyrant is going to blow up. USDCAD is going below 1.20. Look at all the selling in it this week. {image}
When the going gets tough , the tough get going
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