I know what he is going to say:
"Bla bla bla bla bla, bla bla bla bla, bs bs bs, bad economy, low dollar no good, bs bs bs, watching inflation everything is going to be just fine, don't worry etc etc." End of story dollar at 4750.
Excuse me for intervening, but Bernanke NEVER uses 9 bla. He always stops at 8. Please be accurate when refering to him.
this sorta speeches which basically i don;t understand to the fullest can make it all dull for us traders...... comes down to the guessing game and flip the coin and take ur chance, better then finding any menaingful meanings of the Bs' to come..........
flipping coin now............... ok............. this is weird.......... it landed on the edges........... even the coin is guessless here............
what to do....... i guess ignore 1st two supp/resis and jump from the 3rd one... or we ought to simply gamble this one out......
will the speech boost dollar or is it that dollar finding less friends and looks for a correction.............
Will find out............. after the next few hrs of been senseless and irrational im sure there would be a news indicating what actually was said and what actually traders (the banks and the funds) implied and thats the reason the speculators were butchered...........
i hope u will all find the above insight to Mr. Big B's BS useful..........
i will not say NO to the 25% profit sharing on my insight..........
email me and i will provide u the banking details.............
Thank you...........
Now simply buckle up and don't do what u intend to........... the ride could be bumpy.............. and yes .......... OOOHHHHHHHHHHHHH please don;t over leverage............... this advise is for 3 persons..........Me, I and Myself......
GL...........
Patience is virtue. The sooner we learn this all, sooner we can start walking to the bank. Good Luck to all of us
The trick is to wait the price meet ur limits, instead of one jumping in.. however scalps is a totally different scenario and is not everyone's cup of tea
Disclaimer: I'm not at all suggesting trades when by either posting the graphs, or my entries. You can view it, but in the end you have to use your own logic and approach, as there is no certainty about this uncertain market...
this sorta speeches which basically i don;t understand to the fullest can make it all dull for us traders...... comes down to the guessing game and flip the coin and take ur chance, better then finding any menaingful meanings of the Bs' to come..........
flipping coin now............... ok............. this is weird.......... it landed on the edges........... even the coin is guessless here............
what to do....... i guess ignore 1st two supp/resis and jump from the 3rd one... or we ought to simply gamble this one out......
will the speech boost dollar or is it that dollar finding less friends and looks for a correction.............
Will find out............. after the next few hrs of been senseless and irrational im sure there would be a news indicating what actually was said and what actually traders (the banks and the funds) implied and thats the reason the speculators were butchered...........
i hope u will all find the above insight to Mr. Big B's BS useful..........
i will not say NO to the 25% profit sharing on my insight..........
email me and i will provide u the banking details.............
Thank you...........
Now simply buckle up and don't do what u intend to........... the ride could be bumpy.............. and yes .......... OOOHHHHHHHHHHHHH please don;t over leverage............... this advise is for 3 persons..........Me, I and Myself......
long 4807 stops 4788..............
yes im bored of this......... limit lets just say if the s/l doesnot trigger would see close to highs..............
GL....
EDIT:
that was fast down the hall....... enuf to take my s/l off
Last edited by stryker; 08-22-2008 at 11:16 AM.
Patience is virtue. The sooner we learn this all, sooner we can start walking to the bank. Good Luck to all of us
The trick is to wait the price meet ur limits, instead of one jumping in.. however scalps is a totally different scenario and is not everyone's cup of tea
Disclaimer: I'm not at all suggesting trades when by either posting the graphs, or my entries. You can view it, but in the end you have to use your own logic and approach, as there is no certainty about this uncertain market...
Hey pipin, did you have a copy of his statement before hand????
Well, I was right about the blabla, the smoke and the mirrors, but I didn't see the rabbit come out.
So now, we need to reevaluate. Seems like the correction ended at 4709 and we are now in a new cycle heading for 1.45.
Oil and Gold are going to be critical.
Best bet now is to wait and see what develops and look for another pair to trade that has better opportunities.
EURUSD looks like it is going to break 1.4780 soon, not many buyers around here.
I am currently focused on an ascending support TL, which has been on the move since 19th of August as you can see from my chart below. Currently it is around 1.4746-48. If EURUSD gets there it might provoke another nice bounce upwards, possibly taking out the 1.4908 resistance, and as you may have already noticed the upper resistance TL has actually extended itself to around 1.4940-50. So, i am gonna trade this one if it reaches the support TL.
Two longs, 1.4760 + 1.4750, SL 1.4730. Target 1.4950.
Well, I was right about the blabla, the smoke and the mirrors, but I didn't see the rabbit come out.
So now, we need to reevaluate. Seems like the correction ended at 4709 and we are now in a new cycle heading for 1.45.
Oil and Gold are going to be critical.
Best bet now is to wait and see what develops and look for another pair to trade that has better opportunities.
Around 1,4460/1,4480 - depending what week it hits there-- runs uptrend line on the weekly that goes back to 02-2006
EURUSD looks like it is going to break 1.4780 soon, not many buyers around here.
I am currently focused on an ascending support TL, which has been on the move since 19th of August as you can see from my chart below. Currently it is around 1.4746-48. If EURUSD gets there it might provoke another nice bounce upwards, possibly taking out the 1.4908 resistance, and as you may have already noticed the upper resistance TL has actually extended itself to around 1.4940-50. So, i am gonna trade this one if it reaches the support TL.
Two longs, 1.4760 + 1.4750, SL 1.4730. Target 1.4950.
BORING went long @4810 as well stryker, would like to see a test of the upper 48's.
well........... no probs............ day is over for me..............
weekend started.................. next week next trade.........
GL ..........
Patience is virtue. The sooner we learn this all, sooner we can start walking to the bank. Good Luck to all of us
The trick is to wait the price meet ur limits, instead of one jumping in.. however scalps is a totally different scenario and is not everyone's cup of tea
Disclaimer: I'm not at all suggesting trades when by either posting the graphs, or my entries. You can view it, but in the end you have to use your own logic and approach, as there is no certainty about this uncertain market...
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