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Pip Anon commented May 23, 2013Oh, look - it's another central banker experimenting and creating chaos in the process.
Kuroda struggles with communication as Japan rates rise
- Pip Anon replied May 23, 2013
Lol no. The completion of the right shoulder is on the 23% fib. Held consecutive tries.
EURUSD
- Pip Anon commented May 23, 2013
Christ listen to what he says. Stop taking it out of context. HE NEVER SAID THEY CAN'T. He said why there are few compared to male traders. For feck sake.
Paul Tudor Jones: Babies destroy female traders' ambition
- Pip Anon replied May 23, 2013
Large descending triangle, 3 pt. of connection lol. Top looks to be about 1.32. 50 EMA acting as resistance.
EURUSD
- Pip Anon replied May 23, 2013
Anyways with Aussie. Currently at 78% Fib, which is acting like resistance. May was to retest. My swing low theory is void if it fails to break this resistance. Target 1 .9665 hit. Next .955
AUDJPY + EURAUD + AUDUSD -- (carry + intraday)
- Pip Anon replied May 23, 2013
Anyways with Aussie. Currently at 78% Fib, which is acting like resistance. May was to retest. My swing low theory is void if it fails to break this resistance. Target 1 .9665 hit. Next .955 Kiwi targets in blue. Potential topside white.
NZD/USD
- Pip Anon replied May 23, 2013
Nobody loves Aussie
I know what you mean. When I first started, I was impulsive and if I had a bad trade I'd rush in to try and make it up. The market makes fools of us all. Just recoup and be patient. Best of luck. Anyways with Aussie. Currently ...Aussie Trading Room and Cartoons Gallery
- Pip Anon replied May 23, 2013
Pips are nice but it's only a unit of measurement. A guy w .1 lot may outlast the guy with 1 lot but it is all relative to the account, margin etc. You too
NZD/USD
- Pip Anon replied May 23, 2013
massive draw down shouldnt be part of a strategy. It can easily go back down
EURUSD
- Pip Anon replied May 23, 2013
Exactly. Cut your losses and reevaluate. You have to be able to adapt to the markets. FX is financial Darwinism. I want you to have green pips friend.
EURUSD
- Pip Anon replied May 23, 2013
I disagree. A wrong call is a wrong call. All trade size has to do is whether or not he gets a margin call. What is the point of holding a a few .1 around 1.32-1.3 and waiting months until a target is reached?
Let this come to fruition!EURUSD
- Pip Anon replied May 23, 2013
Lol. For instance, on the 16th I made a target for Aussie to reach .98 and then down to .9665 and it did. If it shot up to .99, 1.02, 1.05 then to .9665 not really all that successful. If he was like "hey, after it hit 1.28 we'll see 1.3, that a ...
EURUSD
- Pip Anon replied May 23, 2013
This is what I think: whether he is ultimately "right" or not is irrelevant. Being early is the same as being wrong. Calling 1.33 at 1.3 or 1.32 then watching it drop to 1.279, then maybe going to 1.33 eventually is not a solid call.
EURUSD
- Pip Anon replied May 23, 2013
I am not attacking you or anything. I am just trying to figure your rationale is all. Good trading to you
NZD/USD
- Pip Anon replied May 23, 2013
What are you talking about? I was addressing the AUDUSD. My thinking would be if you're wrong, cut the position and reevaluate. Not hope that it returns, and even if it does it just takes you out of other opportunities. If I am 100 pips down on a ...
NZD/USD
- Pip Anon replied May 23, 2013
No, I missed it. Sugar, I agree that Ben thinks he can control the markets. My only criticism was trading against obvious strong trends. I want your account to be green, too. I truly think Ben will worsen the issue. The Fed as an institution is ...
EURUSD