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- acumen replied Sep 16, 2008
You are correct sir... — I won't take a long until price moves back to the PP. I won't take a short until price moves below S1. That's the theory. However - I won't take any play in this mess... don't care if helicopter calls me and let's me ...
EURUSD
- acumen replied Sep 16, 2008
I hear ya... — I'm the immature one here... too many others trying to steal my thunder. I feel a tantrum coming.
EURUSD
- acumen replied Sep 16, 2008
Too much going on to sift through... — Looks like S1 will hold so I'd let the market dry off before I'd take another swim.
EURUSD
- acumen replied Sep 16, 2008
Don't know Ed... — No gut feeling here. I'm flat and happy about it. Looks like price is going to test S1 again though.
EURUSD
- acumen replied Sep 16, 2008
Now... Now... Tiki — Play nice. We know you bought into this and you were warned. You may luck out if your stops haven't been hit yet. Additionally - you must have gone to a state school. Micro means small - individual, households, firms. ...
EURUSD
- acumen replied Sep 16, 2008
Ignore Maarten... — Continue learning and trading your demo account. If you take your demo account seriously then your results will mirror your live account. If you are uninformed and ill prepared it doesn't matter what account you are ...
EURUSD
- acumen replied Sep 16, 2008
and me... — Me... don't forgot me. Lots of love for my fellow posters. Well Maarten... not as good as yours. Very nice trading. Still using MM right? Mike
EURUSD
- acumen replied Sep 16, 2008
Uhhh... — You're new. Sucking is ok. If the fed cuts the EURO should move up. (They won't) If the fed stays flat the dollar should move up. (This is what they will do) If the fed raises rates the dollar will move up. (Not in this environment) ...
EURUSD
- acumen replied Sep 16, 2008
Uhhh... — You replied to your own quote. You aren't MPD are you? m
EURUSD
- acumen replied Sep 16, 2008
We could post this once a day... — Most won't listen... but is always good to try. m
EURUSD
- acumen replied Sep 16, 2008
Hmmm — 1) rate is cut - NO WAY. not so probable IMO, but if that FED move happens EUR will get higher instantly 2) rate stays same - YES very probable but market reaction unknown .... 3) rate is raised - NO
EURUSD
- acumen replied Sep 16, 2008
Caution... — The dollars long term trend remains intact. There's been rumors circulating that a 50 bp cut was in the making. If the market believed that the dollar would have been destroyed. We just suffered one of worst financial meltdowns in ...
Psych Levels, Pivots, and Trendlines - Resurrected