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shocfacter replied Feb 11, 2020How are you guys still going off of technicals so close to news? I mean, I myself am a technical trader but THIS close to big red news like this, all of that stuff is out the window for a while.
Cable Update (GBPUSD)
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shocfacter replied Apr 7, 2013Wow, in four weeks? Highly unlikely. A year, give or take..... maybe. But like most have said already, this is just pure gambling and you would have to use very high leverage on every trade and be incredibly lucky.
How many traders here can grow $11.88 to over $100k in 4 weeks
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shocfacter replied Sep 13, 2012Lol, it was only one of the most awaited news releases of the year.
EURUSD
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shocfacter replied Jan 12, 2012Doesn't seem to be dropping from the bad releases. I'll bet the earlier drop was due to this leaked outcome. So it's pretty much already baked in maybe?
Cable Update (GBPUSD)
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shocfacter replied Jan 12, 2012Lol. I know now. It just wasn't making it through my membrane earlier. Lol.
Cable Update (GBPUSD)
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shocfacter replied Jan 12, 2012Humm. Interesting. And only the big boys have access to this info? Makes me want to go on a quest to find it for MY use lol.
Cable Update (GBPUSD)
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shocfacter replied Jan 12, 2012I use both tech and fun, as one should but I always looked at tech as more of a self fulfilling kind of thing. But you're saying you think the big boys manipulate the markets just to get price to certain tech levels? I mean, I have no doubt that ...
Cable Update (GBPUSD)
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shocfacter replied Jan 12, 2012I appreciate the info buguguen. I have to start double checking what's on these calendars and not blindly rely on what they say. Most news release numbers are obvious to me but there are a few that I do need to study up on. Always something new to ...
Cable Update (GBPUSD)
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shocfacter replied Jan 12, 2012Yes but this is what it says when you click on it's info button: Usual Effect Actual > Forecast = Good for currency; That has to be a mistake by FF then.
Cable Update (GBPUSD)
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shocfacter replied Jan 11, 2012Yes but wouldnt it have been nice to catch some of that 175-ish pip move down? I mean I personally dont care what moves pairs, as long as they move. I missed this move today partially because of my own dumb fault however. I read the time wrong on ...
Cable Update (GBPUSD)
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shocfacter replied Jan 11, 2012Im confused by some of these calendar results lately. Not just in this pair but some of the others also. In this case the example im going to use is GBP latest trade balance results. It clearly states on these calendars that a number greater than ...
Cable Update (GBPUSD)
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shocfacter replied Jan 9, 2012Question for some of you pro usd/cad people. Why does Forex Factory have the outcome for the building permits (3.6) listed in red? Shouldnt it be green being that it actually came out MORE than forecasted? Im glad I didnt blindly pull the trigger ...
USD/CAD
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shocfacter commented Dec 28, 2011Im wondering the same thing. Somebody knows SOMETHING. Something tells me we are going to get a breaking news alert on CNBC about something going on over there.
Cable nosediving
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shocfacter commented Dec 26, 2011What's there to talk about? Stop giving it to them. Easy as that. How long have we known and opposed big, crazy, outlandish bonuses? A looooong time now. Especially since its been in the public eye, and VERY common knowledge since the 2008 melt ...
Banks and ABI to hold talks over 'out of control' bonuses
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shocfacter commented Dec 22, 2011Still dont agree with the 50:1 B.S. though. Just WAY to much big brothering. If I want to trade with 100:1, 200:1 or even 500:1 thats my business. I dont need any regulatory agencies telling me how much of MY OWN MONEY I can risk. But I digress ...
How much capital should I trade forex with?
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shocfacter replied Dec 20, 2011That Irish news wasn't even scheduled on the calendar. WTF?! At least not the Forest Factory calendar. Anybody looking at one that it DID show up on?
EURUSD
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shocfacter commented Dec 18, 2011I personally dont know WHICH way I should bet. This isnt like the typical, "overloaded on one side so go contrarian" thing. There is a REASON why the Euro is tanking that cant simply be overcome by a few FX traders betting long simply because its ...
Speculators Bet Net $19 Billion Against Euro; Largest Position Since 2007