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ToeCutter commented Feb 28, 2012I agree with Amanda above, to a certain extent. News these days, even the "big" announcements, are just a bar down, bar up, then back to whatever the hell's going on right now. And yes, "whatever the hell's going on right now" seems to be more ...
EUR/USD to Attack the 1.35 Handle with LTRO 2 Looming
- ToeCutter commented Feb 20, 2012
Sheesh guys - there's *other* pairs to trade, you know... You know, the ones *not* tied down by drawn-out pending news... They're the thingies you see when you open your terminal, and just before flicking robotically to your EU charts, you'll see ...
FX Traders Struggle With Euro Crisis Headline Fatigue
- ToeCutter replied Feb 15, 2012
Not just the EU - everything's utter and profound garbage right now. Early bedtime tonight.
EURUSD
- ToeCutter replied Feb 14, 2012
Post of the day. To me, "scalping" is taking HIGH probability chunk(s) out of a broader move, with a view to a relatively shorter time in trade (over those looking to pick the entire wave from top to bottom), rather than just "sneaking 1 or 2 pips ...
EURUSD
- ToeCutter replied Feb 9, 2012
You might have to revise your expectations within the framework of your risk and trade mgt. Not saying you won't be sitting in green later on, but waiting for a pullback, now the horse has temporarily bolted, will tell one a lot about the validity ...
EURUSD
.- ToeCutter replied Feb 3, 2012
It's always a call between: Good news for US Economy = Buy the USD (the "normal" classic, textbook reaction, not seen for a while) or, Good news for US Economy = Risk OFF = SELL USD Until recently, the "risk on/off" model has been applied much more ...
EURUSD
- ToeCutter replied Feb 2, 2012
I agree. Pick your battles. Good call. EDIT: Every chart should be marked up like this. Gives you quick overview as you peruse, and stops one from doing anything too hasty.
EURUSD
- ToeCutter replied Feb 1, 2012
Will we see a short pullback here? Confluence of Daily Pivot, and 1hr 50ma, and 1hr 100ma - all at about 1.3100-1.3110
EURUSD
- ToeCutter replied Jan 24, 2012
a lot of people getting cut to pieces today. I have the price stuck in ni man's land on the H1 chart, with my MAs far apart and in no order for a buy or sell. Easy day to get frustrated and lose money. NOW you tell me!
EURUSD
- ToeCutter replied Nov 17, 2011
David, You've not made a good start here, mate. I encourage you to please settle down a bit. Three of your first seven posts are complaining, derogatory towards others, carrying on, or protesting this or that. I wouldn't know how your "good name & ...
Trading Made Simple
- ToeCutter commented Nov 15, 2011
That one worked *for* me today. Had a pretty crappy GY long there for a while, and was about to deep six it, but *this* time, it went for me. Swings & Roundabouts, I suppose.
Yen jumps to 77.50; gives back gains
- ToeCutter commented Nov 15, 2011
I'm with you, and would be asking the shooters for assurances. I'd go straight up to the head shooter and ask him directly "are you finished shooting? Is that all of them?"... just to be safe.
'60 Minutes' Blows The Lid Off Congressional Insider Trading
- ToeCutter commented Oct 28, 2011
I just got a bit more selective this year; sized down tad more, watched a little keener, and yep, it *has* been a bit different in 2011.. - but not something you wouldn't have expected anyway.. But to say it's been a totally rotten year is a ...
Currency Traders in Worst Year Since 1991
- ToeCutter replied Oct 7, 2011
Settle. Settle. To short cut this, I ask a question: How many pips do you say is in a move of the EJ from 102.115 to 103.000?
CICR system (Currency index cross referencing)
- ToeCutter replied Oct 7, 2011
Most of us will have realised that with Capito's microlots, what we're really talking here is 10 pips SL, 40-60pip Profit targets. Now, ten pips is really a small SL given the 4hr timeframe used. I'm not sure how this works. Just playing devil's ...
CICR system (Currency index cross referencing)