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  #20551 (permalink)  
Old 07-07-2009, 08:25 PM
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Originally Posted by CodyB View Post
some will some wont some tell me in PM I am arrogant and a fool but....if you are going to trade serious you need the tools to do so and this fool has given you most of what I have

trade smart time to go watch this market
Really? people write PM messages just to tell you u are an arrogant?
If I do not like a message, I just skip it or do not reply...why people waste their time on such things instead of watching the TREND.

No wonder some of them do not make it in FOREX...you should be busy with the charts ....not people.

Good to read all your posts, I learn a lot from them....even if they are intended as a sarcastic post lol
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  #20552 (permalink)  
Old 07-07-2009, 08:34 PM
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anyone see where the bounce came from?

the 50 fib

I look for it to test the 618

I am done now but go look at all the pairs I mentioned before and see what they also did when the EU bounced
are we talking about euro/usd? 50fib from what level to what level?
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  #20553 (permalink)  
Old 07-07-2009, 08:37 PM
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best advise I can give there is bank your pips as they come, be it a pip or 100 pip and move on to the next trade, if it moves even further in your direction it does not matter because you have not lost anything
CodyB,

When you do your homework and get the info from DAX, S&P, Nikkei, Oil, Gold, etc - where do you get all of this info from? Is there a one-stop-shop website that provides all of this info in one place, or do you use Bloombergs, or do you have to go to many different websites to trawl for the required info?

Thanks for your help.
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Old 07-07-2009, 08:49 PM
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Thumbs up Much appreciated

Cody, that is some serious s... you laid down here this evening,

Many thanks for your time and contribution.

That was a very good lecture !

Good pips to @ll.
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Old 07-07-2009, 09:02 PM
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Support Resistance Levels 8 July 2009

1,3972 - 1,4011 - 1,4078 - 1,4117 - 1,4152

1,3916

1,3882 - 1,382 - 1,3791 - 1,3717 - 1,3676

support resistance

.
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  #20556 (permalink)  
Old 07-07-2009, 09:09 PM
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Rickos, thanks for your advice, I'm not sure why sometimes it does this, today seems to be clearer, but the other issue is now execution, on my FXCM account most trades go into the order box for the last few days even where there's seems to be enough liquidity, funny that GFT is never doing that.

Anyway, crazy markets az usual, I was betting on cable to tank but it only managed some 100 pips and I was looking at AUD as it was all over the place, then it ended up falling 200 for no obvious reason...grrrr....
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Old 07-07-2009, 09:34 PM
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Originally Posted by melbgirl View Post
Rickos, thanks for your advice, I'm not sure why sometimes it does this, today seems to be clearer, but the other issue is now execution, on my FXCM account most trades go into the order box for the last few days even where there's seems to be enough liquidity, funny that GFT is never doing that.

Anyway, crazy markets az usual, I was betting on cable to tank but it only managed some 100 pips and I was looking at AUD as it was all over the place, then it ended up falling 200 for no obvious reason...grrrr....
Well, maybe it's because they don't want you to enter winning trades...
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Old 07-07-2009, 09:37 PM
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It must be. I ended up winning anyway but at times I was wishing that someone take me to the asylum as I was gnashing my teeth waiting for the wretched thing to get through supports.
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  #20559 (permalink)  
Old 07-07-2009, 09:37 PM
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I know why AUD fell. Too much good news.

7 Jul 8:30:43 PM Australian Consumer Confidence Rose to Highest in 19 Months, Says Westpac: Australian Consumer Confidence Rose to Highest in 19 Months, Says Westpac

7 Jul 8:32:01 PM AUSTRALIA: May Investment Lending rose 2.4% compared to an 8.9% increase in the month prior

7 Jul 8:33:34 PM AUSTRALIA: May Home Loans rise 2.2%, ahead of expected 1.3%, and more than previous 1.8%

Now stop doing better than the rest and be a team player.
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  #20560 (permalink)  
Old 07-07-2009, 09:39 PM
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You think BOJ will intervene at some point?
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Old 07-07-2009, 09:41 PM
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Perhaps around 89?
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Old 07-07-2009, 09:45 PM
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E/U Long Entry

I'm in ...

Type: Long / Short Term
Entry: 1.3890
TP1: 1.3942
TP2: 1.3963
TP3: 1.3982
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Old 07-07-2009, 10:09 PM
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Quote:
Originally Posted by adam6655nyc View Post
are we talking about euro/usd? 50fib from what level to what level?
from PP's here
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Old 07-07-2009, 10:09 PM
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Originally Posted by asherewt View Post
I'm in ...

Type: Long / Short Term
Entry: 1.3890
TP1: 1.3942
TP2: 1.3963
TP3: 1.3982
where is your sL?
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  #20565 (permalink)  
Old 07-07-2009, 10:14 PM
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Originally Posted by oztrader View Post
CodyB,

When you do your homework and get the info from DAX, S&P, Nikkei, Oil, Gold, etc - where do you get all of this info from? Is there a one-stop-shop website that provides all of this info in one place, or do you use Bloombergs, or do you have to go to many different websites to trawl for the required info?

Thanks for your help.
thats part of your homework, I have a paid news feed that gives me everything I need but it can all be had for free through google search.

this one has been posted before by someone in here, you can detach the charts from the webpage and have your own little charts of the ones you want.

Live Charts UK - Free live trading charts,historical data,spreadbetting and daytrading information.
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