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- lolygagv2 replied May 9, 2012
The data is actually REALLY WEAK....dont' trust what it says here on the calendar 18 vs 10 Bln ....that's not telling the story. Exports and imports are Down HUGE...indicates lack of any kind of economic growth.
AUD/USD
- lolygagv2 replied May 9, 2012
Getting stuck....yeah...most likely i'll be out by tomorrow either way though. We just missed the triple rollover though....so i won't lose much for holding in comparison..and we have a full 20 hours to go until the rollover fee again!
AUD/USD
- lolygagv2 replied May 9, 2012
I'll start unloading for a loss at 1.02, between now and then is an expected bounce.
AUD/USD
- lolygagv2 replied May 9, 2012
Just FYI, on the unemployment numbers, the FULL TIME jobs were actually -10k+, it was the part time jobs that made up the difference. (-10.5K full +26K part), so Net would really be barely positive, or a wash. Again, it's the same thing as saying I ...
AUD/USD
- lolygagv2 replied May 8, 2012
looks like the barrier is back in at 1.3000, impressive to break that level now.
EURUSD
- lolygagv2 replied May 7, 2012
The answer is zero in trading, might help in cocktail parties though.
EURUSD
- lolygagv2 replied May 7, 2012
No need to burnout, just realize, there's newbies, pros and scammers here. And they all have their own needs and wants. Oh and the "wiseguys" who like to talk trash, poke holes and criticize everyone else. You can't please any of them, let a lone ...
EURUSD
- lolygagv2 replied May 6, 2012
So ...........we got -Holland Defeats Sarkozy -Greek voters enraged by economic hardship deserted governing parties in droves in an election on Sunday's results -The European Union’s top economic official has called for a new European investment ...
EURUSD
- lolygagv2 replied May 6, 2012
Yeah....i was tempted to leave some Short euros open........but again, you really don't know what is gonna happen, except by the time your broker turns it back on, you know you're gonna gap one way of the other this time. I deleted all my pendings ...
EURUSD
- lolygagv2 replied May 6, 2012
1.3080 was a great level on friday......i think i caught 3 longs from there for 10 pip bounces
EURUSD
- lolygagv2 replied May 6, 2012
Yeah the market is still net short euro.....and more importantly 95% of the people on here are contributors to the "Net Short" position that retailers find themselves in as well. So the risk is definitely to the upside. It's the exact reason Euro ...
EURUSD
- lolygagv2 replied May 5, 2012
EUR/USD has been the most forgiving and predictable for the last two weeks to me. Disclosure, I took a short euro...two weeks ago at 1.31 with the expectation it would either drop or bounce hard off the support line, i had a hard stop loss at 1.34 ...
EURUSD
- lolygagv2 replied May 4, 2012
Lots of greens on the P&L this week. no pinks.......a couple scratches for 1/2 my SL pippage....good risk management I suppose. No blowout winners, just steady 3% gain
EURUSD
- lolygagv2 replied May 4, 2012
Gonna look to get my first leg in for a USDJPY long somewhere around here.......
EURUSD
- lolygagv2 replied May 4, 2012
So here's my theory.......we SHOULD break 1.30 this next week, in fact, fundamentally we should DESROY 1.30 like we're marching to 1.20 and beyond. However...... Right now, we have Spanish banks getting bailed out, No QE money printing from the Fed, ...
EURUSD
- lolygagv2 replied May 4, 2012
Sigh, wish euro would find true love at 1.29 before NFP........i hate holding into NFP.......good way to get a sizeable loss or at minimum, your stop loss tripped (if not skipped). video
EURUSD
- lolygagv2 replied May 1, 2012
I agree, you can't just tell people trades, buy @ x price, sell at y, SL at z. They will never learn, I realized that when I first started and began following professional traders as they shared their trades. My revelation: When i followed their ...
EURUSD