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View Poll Results: What impact will the ECB Rate Decision have on the Euro?

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  • Send Euro Higher!

    19 26.76%
  • Send the Euro Lower!

    48 67.61%
  • Will have no effect.

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Thread: Closed: Discuss EUR/USD News with a DailyFX Analyst

  1. #35971
    Bilstein's Avatar
    Bilstein is offline Member
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    Thumbs up

    That's interesting the MoneyInc's system uses the 45 degree lines. I use a modified Murrey Math system which uses a series of "speed lines" and the rules state that price reverses fastest off of 33, 45 and 78 degree angles. I don't put too much emphasis on the "speed lines" with my trading but only because I can't really figure how to incorporate them.

  2. #35972
    Colly is offline Member
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    Quote Originally Posted by AyoBro View Post
    Oh my, Colly's second target was hit on EU, using the 45 degree system. Some of you bashers may have noticed that it works in both directions. Whoa. Good work on your trade Colly. And I salute you on your GJ trade, your a brave man!!!

    A-Yo Bro

    Ha ha ha

    Fibonacci and Gbp/Jpn go together like a horse and carriage and that usually works well for me.

    On the MoneyInc based trade I made 1.6 pips on that one !!

    Cad/Jpn is one where I did the math myself without applying MoneyInc's strategy and that just cleaned up some useful pips.

    In this moment I have no open positions again.... this is so unusual and yet I am certain that one or more shall be opened in perfect time.

    The one thing about MoneyInc's strategy that I am having a hard time figuring is when to get out the trade. That is why I thought to integrate my own techniques as well and so far so good.

    Best wishes to you AyoBro

    Colly
    ----

  3. #35973
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    Talking

    Keep away work out another position i do that some times and you just end up losing whatever profits you made before...

    Its my weakness on a good move... thinking i can just pop in and out as i wish lol

    Quote Originally Posted by heyjoe View Post
    I took my 50 pips today and am now fighting the urge not to jump back in for a run to 1215. Every time I've lost money it was by jumping in late hoping for further drops. This time I'm gonna walk the dog and join in after a later retracement.

    P.S. I've followed the MoneyInc messages. He has a strategy that works for him and is good enough to share it. Fair play. Like it or leave it but don't beat him up if his target wasn't hit. We decide ourselves when to buy and sell, not anyone else on this forum. And if you reread The Southerner's messages you'll find he's been quite fair and analytically minded. Thanks to all for sharing.

  4. #35974
    stanchiam is offline Banned
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    whats next

    my pick
    eur 15 min chart
    Attached Thumbnails Attached Thumbnails Closed: Discuss EUR/USD News with a DailyFX Analyst-sp32-20100527-000523.jpg  


  5. #35975
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    Kettle are you calling me, black?

    Quote Originally Posted by bill2759 View Post
    For what it's worth. I detected no Bashing of Mr. Money Inc. What I did see was honest questioning. Perhaps You, Who have jumped on the Bandwagon, are too quick to take offense. Examine Your own motives my friends.
    My friend, the bandwagon leader and club president
    My motives was to confirm that the system works in both directions. That's it. What motives do you assume that I'm trying to address? Let me get some clarification from you, old wise one. Or should I be asking the drunk lady?

    A-Yo Bro

  6. #35976
    Mary R's Avatar
    Mary R is online now Member
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    is something wrong with the eur/cad trading function?

  7. #35977
    bill2759 is offline Member
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    Bro?

    Quote Originally Posted by AyoBro View Post
    My friend, the bandwagon leader and club president
    My motives was to confirm that the system works in both directions. That's it. What motives do you assume that I'm trying to address? Let me get some clarification from you, old wise one. Or should I be asking the drunk lady?

    A-Yo Bro
    Why would You assume My Post was directed at You? It was meant for the General Audience.
    The Madaam takes offense at Your Term,'Drunk Lady" She prefers the Trance State! So just watch Your step. You're messing with the Occult. LOL

  8. #35978
    Thomas Long's Avatar
    Thomas Long is offline DailyFX Power Course Instructor
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    Quote Originally Posted by AyoBro View Post
    My friend, the bandwagon leader and club president
    My motives was to confirm that the system works in both directions. That's it. What motives do you assume that I'm trying to address? Let me get some clarification from you, old wise one. Or should I be asking the drunk lady?

    A-Yo Bro
    What did you find in your research? How do you draw the lines? I think that some valid questions have been asked by traders who are here to learn.
    Enroll in our online DailyFX Course today and get personalized instruction from our team of expert traders 24 hours a day. We have taught over 25,000 students and in our online courses in the past. The new DailyFX Course has nearly 600 minutes of content delivered via video so you can learn at your own pace. Join the instructors in live webinars where they will show you how to use the highlighted tool in current market conditions. Click here to get more information.

  9. #35979
    Thomas Long's Avatar
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    Quote Originally Posted by Mary R View Post
    is something wrong with the eur/cad trading function?
    Not that I am aware of....I am seeing no issues on my platform. Perhaps if you log out and log back into your trading platform.
    Enroll in our online DailyFX Course today and get personalized instruction from our team of expert traders 24 hours a day. We have taught over 25,000 students and in our online courses in the past. The new DailyFX Course has nearly 600 minutes of content delivered via video so you can learn at your own pace. Join the instructors in live webinars where they will show you how to use the highlighted tool in current market conditions. Click here to get more information.

  10. #35980
    Sean Hyman's Avatar
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    Quote Originally Posted by Mary R View Post
    is something wrong with the eur/cad trading function?
    Not sure what you mean. Do you mean you have a hanging order that isn't executing?
    The DailyFX Forums have over 75,000 members, and many discussions going on at once. If you aren’t sure where to get started, watch this video as your how-to guide to the DailyFX Forums: http://forexforums.dailyfx.com/daily...ion-video.html

    Email me with your questions and I’ll introduce you to the community and point you in the right direction. I look forward to hearing from you.

    Sean Hyman - DailyFX Forum Moderator - shyman@dailyfx.com

  11. #35981
    AyoBro's Avatar
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    Quote Originally Posted by bill2759 View Post
    Why would You assume My Post was directed at You? It was meant for the General Audience.
    The Madaam takes offense at Your Term,'Drunk Lady" She prefers the Trance State! So just watch Your step. You're messing with the Occult. LOL
    Sorry bill for address the Lady as a drunk.
    Can we all just get along?

    A-Yo Bro

  12. #35982
    Mary R's Avatar
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    Quote Originally Posted by Sean Hyman View Post
    Not sure what you mean. Do you mean you have a hanging order that isn't executing?
    no order, could not place order. Will try logging out and in

  13. #35983
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    Quote Originally Posted by AyoBro View Post
    Sorry bill for address the Lady as a drunk.
    Can we all just get along?

    A-Yo Bro
    Bill is pretty level headed. So he's usually not a fire starter. So I'd say to resist the urge to take things the wrong way and you'll probably be right more times than not. Most don't intend to offend on here, especially the ones that have been around a long time.

    And if we get someone that continually "stirs the pot", I deal with that one and nip it in the bud once I see that they won't change.
    The DailyFX Forums have over 75,000 members, and many discussions going on at once. If you aren’t sure where to get started, watch this video as your how-to guide to the DailyFX Forums: http://forexforums.dailyfx.com/daily...ion-video.html

    Email me with your questions and I’ll introduce you to the community and point you in the right direction. I look forward to hearing from you.

    Sean Hyman - DailyFX Forum Moderator - shyman@dailyfx.com

  14. #35984
    Mary R's Avatar
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    is the system down again?

  15. #35985
    Sean Hyman's Avatar
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    Quote Originally Posted by Mary R View Post
    no order, could not place order. Will try logging out and in
    K, if that doesn't work...click on the chat button on your trading station and ask a rep so that they can get that resolved for you. We want everything worked out asap for ya.
    The DailyFX Forums have over 75,000 members, and many discussions going on at once. If you aren’t sure where to get started, watch this video as your how-to guide to the DailyFX Forums: http://forexforums.dailyfx.com/daily...ion-video.html

    Email me with your questions and I’ll introduce you to the community and point you in the right direction. I look forward to hearing from you.

    Sean Hyman - DailyFX Forum Moderator - shyman@dailyfx.com

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