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08-08-2008, 03:08 PM
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1,5004........... Do we get a lift off? And if so, will it be the euro? Or the dollar?
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08-08-2008, 03:16 PM
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Posts: 1,111
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Doom And Gloom
Quote:
Originally Posted by Guilder
8) All gold medals from the Olympics will be sold after the games, causing the gold price to drop. This has its effect on the dollar.
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Cmon people. Everybody lighten up. This was not the end of the world. It was close though.
Anyway, everybody can switch to a micro account. You only need $25 to play.
I'm just kidding. For weeks, I've been at least hinting that this would happen sooner or later, and what happens, I end up doing what everyone else did that got burned.
Like the doctor says, "Don't do what I do, do what I say." |
08-08-2008, 03:18 PM
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Join Date: Jun 2008
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Quote:
Originally Posted by Guilder
1,5004........... Do we get a lift off? And if so, will it be the euro? Or the dollar?
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5003.......... |
08-08-2008, 03:28 PM
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Join Date: Jul 2008
Posts: 24
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Quote:
Originally Posted by 1709029219
man no euro is 1.5010 u close ur short in 2 to 4 pip loss just.
ohhh man it just went 5006.close it
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I did!
I closed it 1.5005 -- EVEN!!!! That means I survived the tidal wave and I think with a little profit.  |
08-08-2008, 03:34 PM
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Mortgages get more expensive - again
In wake of huge losses, Fannie Mae announces changes that will make home loans harder and more expensive to obtain.-CNN
i love all the dollar positive news i get off of CNN. this posts to their website and AGAIN the dollar strngths. this has to be a cruel joke the market is playing on all of us.
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08-08-2008, 03:37 PM
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Quote:
Originally Posted by Petrus
I did!
I closed it 1.5005 -- EVEN!!!! That means I survived the tidal wave and I think with a little profit. |
geat man but at moment euro is 4997.man u missed 10 pips |
08-08-2008, 03:38 PM
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Join Date: Jun 2008
Posts: 1,111
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Quote:
Originally Posted by trip00
Mortgages get more expensive - again
In wake of huge losses, Fannie Mae announces changes that will make home loans harder and more expensive to obtain.-CNN
i love all the dollar positive news i get off of CNN. this posts to their website and AGAIN the dollar strngths. this has to be a cruel joke the market is playing on all of us.
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You know, sometimes I feel that the line in the graph is out to get me personally. You think maybe this is a video game??? |
08-08-2008, 03:46 PM
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Join Date: Feb 2008
Posts: 177
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Quote:
Originally Posted by trip00
NEW YORK (CNNMoney.com) -- Make no mistake: The worst probably is not over for financial firms. Not by a long shot.
Many bank stocks have bounced sharply from their panic-induced lows of mid-July on hopes that the bleak second-quarter results represented the bottom.
But the bigger-than-expected losses reported by Freddie Mac (FRE, Fortune 500) and Fannie Mae (FNM, Fortune 500) this week, accompanied by dismal forecasts for the housing market, are strong indicators that there are likely more credit-related woes to come.
"The banks are still at the mercy of writedowns. I don't think the worst is over for financials yet," said Liz Ann Sonders, chief investment strategist with Charles Schwab & Co.
hell, heres the link, read it for yourself
$1 trillion in losses? Bank on more - Aug. 8, 2008
I LOVE ALL THE GOOD NEWS ABOUT THE DOLLAR. oh wait, its more negative sentiment about the dollar. i must be mistaking it for good news because every time i read something like this the dollar strengthens. |
I corrected the link, should work now. There was an "hhtp://" to much..
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08-08-2008, 03:47 PM
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Join Date: Jul 2008
Posts: 36
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Quote:
Originally Posted by rickos69
You know, sometimes I feel that the line in the graph is out to get me personally. You think maybe this is a video game???
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LMAO, my wife says the same thing!!! |
08-08-2008, 03:47 PM
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Join Date: Jul 2008
Posts: 24
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Quote:
Originally Posted by RandyTrader
Sorry to hear about all of the traders that lost money in the Euro free-fall!!!
About five minutes after the Trichet speech I entered a short position on the Euro and GBP. I ended the day with 150 pips, adding to my 350 pip gain for the week. I woke up this morning to see the EURO and GBP both dropped in Asia. Was very surprised!!! Nevertheless, I again opened two short positions in the Euro and Cable. Ended the day with 270 pip profit! I prefer to swing trade and scalping, so it doesn't matter which way the market is going, I just follow the momentum.
Regardless if my analysis is correct or not, I'm happy to jump onto the gravy train after direction is established.
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Hello, Randy.
Congrats on an incredible day of successful trading! I can't help but be jealous.
Would you explain you particular method scalping. What indicators, etc. do you use. My wife just gave me a hard time about being obsessed with my new trading side-job. She's been right and I want to schedule my trading each day (scalping) and set a daily goal. I'd be happy with 30 pips. I would be most grateful for any tips or suggestions you may to help me do quick, simple and profitable scalping daily.
I think my wife would be more encouraging if I were not already trying to win trades to make up for initial subtantial loss the last week.
Thanks, Randy.
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08-08-2008, 03:48 PM
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Join Date: Aug 2006
Posts: 197
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well guys and gals. i am off for the weekend. i wish all you a good weekend 
get your batteries charged up, we all have a ton of $$$ to make this coming week. i hope you can all put this week behind you, i know i have.
Trip |
08-08-2008, 03:49 PM
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Join Date: Aug 2006
Posts: 197
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Quote:
Originally Posted by pf0351
I corrected the link, should work now. There was an "hhtp://" to much..
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thx PF, glad to see you had my back  |
08-08-2008, 03:50 PM
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Join Date: Jun 2008
Posts: 1,111
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Quote:
Originally Posted by EducatedThug
LMAO, my wife says the same thing!!!
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In fact, whenever I buy or sell, it just sits there on top of my buy or sell price going back and forth for about 5-10 min. The entire FX market goes on hold because I bought or sold!!!!! |
08-08-2008, 03:54 PM
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Join Date: Jun 2008
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What Next?
Hey Guilder.
What is your estimate for Sunday evening (US time) if it doesn't make it through?
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08-08-2008, 03:55 PM
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Join Date: Jul 2008
Posts: 24
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Quote:
Originally Posted by 1709029219
geat man but at moment euro is 4997.man u missed 10 pips
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I don't care. I have been hawking my computer all day wondering how the heck am I going to get out of that trade. To exit even felt like winning the jackpot. Peace of mind is better than a couple of pips!!!
I hope you caught them. |
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