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- BFSGcapital replied Jun 12, 2012
we had two 15m bullish div that brough us to 2485, then we just got two 5 5m bearish divergence and 1m, i shorted 83
EurAnalysis
- BFSGcapital replied Jun 12, 2012
I see daily s1 (1.2402) as a definite possibility today, unless we retrace from here yet again...
EurAnalysis
- BFSGcapital replied Jun 12, 2012
Never thought about that, when it's time to go long again (QE3, or whenever PT closes his master short, lol) I'll probably start trading AUD/USD
EurAnalysis
- BFSGcapital replied Jun 12, 2012
nobody here said go long, you yourself bet the house on going short (50x leverage) at 2520 area didn't you? And you were right i would have taken partial after being so much in the green on a 50x leverage, and let the rest ride, then again i ...
EurAnalysis
- BFSGcapital replied Jun 12, 2012
charts are screaming down but for some reason it's taking quite a while.
EurAnalysis
- BFSGcapital replied Jun 12, 2012
Indeed it is, but if I didn't do it I would go bored out of mind staring at the screen
In all seriousness, I get 25% of house spread rebated, so even if I make a BE trade I still make money
(0.5 pip) It's very worth it for me to scalpEurAnalysis
- BFSGcapital replied Jun 12, 2012
ty, got two bullish divergences on 1m chart which just gave us a pop higher in euro, but i think we are going to test the lows from yesterday.
EurAnalysis
- BFSGcapital replied Jun 12, 2012
Maybe for you position traders
For a scalper like me it's paradise!EurAnalysis
- BFSGcapital replied Jun 12, 2012
Any guesses on direction for NY today? or more chop chop?
EurAnalysis
- BFSGcapital replied Jun 12, 2012
Still the largest gold storage in the world right ? (at least for non private gold storage) And then Benny boy says something like "Central banks hold gold as a tradition" lmao
EurAnalysis
- BFSGcapital replied Jun 12, 2012
I sure hope you are kidding
Yes PMs are good buys but only once the USD starts falling again, IMO. Unless you are holding for long term like 10 years for now, then now is a good time to get in sure. What a day for the Euro... my goodness chop chop ...EurAnalysis
- BFSGcapital replied Jun 12, 2012
U.S. name buying 300,000 ounces of gold? Did I hear that right? Market talk
EurAnalysis
- BFSGcapital replied Jun 12, 2012
wow i need to pay attention to more TFs as the alert on this indicator doesn't work unless you are on the right TF. 2 bull divergences on 5m chart likely caused the spike + 2480 + gold spike
EurAnalysis
- BFSGcapital replied Jun 12, 2012
damn i went long at 83 but closed it for -3 after it droppped to 78 why is gold spiking anyone know? someone knows something
its just not any of usEurAnalysis
- BFSGcapital replied Jun 12, 2012
Indeed, channel support has been good support today so when it goes its going to really go!
EurAnalysis
- BFSGcapital replied Jun 12, 2012
1m bearish divergence at 25025 and down we go whoever linked that divergence indicator wow, it is extremely helpful.. i get a beep sound when one happens, so nice
EurAnalysis
- BFSGcapital replied Jun 12, 2012
4 bullish div back to back on 1m chart, just saying, also bullish engulfing pattern on 5m
EurAnalysis