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pennies replied Jul 13, 2011haven't you been to the Zoo ... Don't feed the trolls, just watch them in 'AWE' ...
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pennies replied Jul 13, 2011Get used to it, they should have a real time moving indicator with a chart of chance of up/down grade ... That way these whiplashes dont happen.
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pennies replied Jul 13, 2011Dollar looks tempting to buy/scalp across the board. Wonder if this is a temp reactionary movement and original short positions will resume or a definitive 'new' short term trend.
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pennies replied Jul 13, 2011Yeah, that is why the wife and I buy property. We want to own a rock quarry and water spring also ... You will be surprised how much big yard rocks are worth ...
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pennies replied Jul 13, 2011The fed reserve, us central bank, dumps money into the us bank system to proudest liquidity and such. QUANITIVELY EASING the economy ... More dollars equal less value per dollar, Edit - PROVIDE not PROUD ... stupid auto correct
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pennies replied Jul 12, 2011Are you assuming (and based on what data?) and intervention buying will happen starting at 00:00. Not argueing, but often times information such as how and why CBs buy and sell gets passed and misconstrued and traders develop eir own interpretation ...
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pennies replied Jul 12, 2011And with tomorrows news and event risk, expect to be within intraday range for next 16 hours
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pennies replied Jul 12, 2011China has 3+ tril in currencyreserves and japan mentioned last year that they have 2 trillion for 2011, expect asia to buy usd along with everything against yen. ... Question is how much euro will they buy?
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pennies replied Jul 12, 2011Watch for tokyo open, 00:00, that is when asia will intervein if need be. I am long from 78.94 with stop below the low, will add more based on 5m, 10m, and 15m close after 00:00 GMT. Dont expect anything as far as CB's or asia really before that ...
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pennies replied Jul 12, 20111/2 lot long usd/jpy with stop below low, (sh!ts n giggles trade since well above todays goal as everyone should be in)
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pennies replied Jul 12, 2011For anyone who trades yen pairs, payattention to tokyo open 00:00 gmt, Historically that is when the big guns of the east show their force in interveining ... Dont be in a long yen position after 23:30 gmt
EURUSD
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pennies replied Jul 12, 2011Yeah, looking at futures today on bloomberg (posted screenshot of it earlier) , the futures have taken a drastic change lately. Dont quite me on the techs of this, but i was looking at the spreads of 3-10 with Us debt and there is suposably a ...
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pennies replied Jul 12, 2011Nothing better then that little "ding" alert to wake you up on a pending trade that needs love n care. I guess someone didn like the feds today and made a call to moody's for a favor ... Currency war what?
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pennies replied Jul 12, 2011Thanks, good luck to you to but don't play off of luck. "Who" calls it turn around Tuesday? quite often calls are wrong ... Tomorrow is a big big news day and event day, we won't break out to much higher ... pre-news days are good for scalps, and ...
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pennies replied Jul 12, 2011'trying to hard', nah, just watching the charts .. wait for a break? nah, ride to the break and add more! I am scalping and playing very short term 10 sec - 5m for the most part. be concerned with your progress and trade your way and let others do ...
EURUSD