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- Protogenos replied Dec 9, 2009
They shifted their tone from an end of the year move to possibly mid-year
EURUSD
- Protogenos replied Dec 9, 2009
I'm not saying we'll see a breakout, but I usually find that the 5th point of a short term TL is what breaks
EURUSD
- Protogenos replied Dec 9, 2009
There are billions of dollars traded every minute. Hundreds of correlations between markets. No one knows why anyone else sells or buys. It's a combination of all the above. Try to pick out the dominant factor and you should be on the right side, ...
EURUSD
- Protogenos replied Dec 9, 2009
Looked like we were gaining some traction overnight and then those bastards at S&P decided to go negative on Spain. Like a friggin country is going to default. They'll just print more money Nothing to do except wait now for the eventual bounce back ...
EURUSD
- Protogenos replied Dec 8, 2009
I'm guessing that's not your real number, but if you need an alert try downloading MT4 and set one.
EURUSD
- Protogenos replied Dec 8, 2009
Lol, I'm with ya, but I had just opened up a full lot when the market dropped 30 pips. I was pissed, but luckily it bounced back and I got out for a few pips. Too shaky to add more now.
EURUSD
- Protogenos replied Dec 8, 2009
So Obama gets on TV and says we're going to spend our way out of this, and the dollar get stronger. Europe must be in really bad shape...
EURUSD
- Protogenos replied Dec 8, 2009
Man, I'm not doing great on this long I have, but I just checked some people's stats on myfxbook.com and I don't feel bad anymore. Whole accounts blown on a 350 pip move. Sad.
EURUSD
- Protogenos replied Dec 8, 2009
Just got this from DJ. I'd like to believe it's true since I have a long going, but... In the longer term, these developments in Greece could in fact push the euro higher. Hans Redeker, global head of currencies analysis at BNP Paribas in London, ...
EURUSD
- Protogenos replied Dec 8, 2009
Yeah, my fundamental models have been pointing up since the NFP move, and I've been long, but all this downward pressure is discouraging. I don't see the reason for the move down unless you chalk it up to profit taking and/or and unwinding of the ...
EURUSD
- Protogenos replied Dec 7, 2009
For myself, I've found that trading with high leverage is okay if I'm scalping because my entries are more exact as are my stop losses. For trades I intend to hold, high leverage would kill me. Just too much noise in the market. I'm long too, so ...
EURUSD
- Protogenos replied Dec 7, 2009
I can't imagine Ben even suggesting they will raise rates. For what? Inflation is in check, we're still losing jobs, and the weak dollar is benefiting the US. Maybe they want treasurys to appear more attractive? But my opinion is that the rates will ...
EURUSD
- Protogenos replied Dec 6, 2009
2 more US banks failed. Maybe that will give the downward pressure a little pause. So far euro moving slowly up
EURUSD
- Protogenos replied Dec 5, 2009
Yeah, I'm in Houston and we actually got a slight dusting on the ground. People were freaking out and leaving work early. It was too funny
EURUSD
- Protogenos replied Dec 5, 2009
I'm long too, but SL at 1.4785, where my daily trendline is. I'm a little worried that the US carry trade may unwind, though I have no indication of how far that would be. Could be 200 pips or 2000, so if I'm stopped out I may sit on the sidelines ...
EURUSD
- Protogenos replied Dec 5, 2009
Haha, more climate talk? Well Fool is absolutely right. If the ice on both Greenland and Antarctica melt sea levels are expected to rise 20 ft, though the rise will be unevenly distributed because the weight of the ice melting will allow those land ...
EURUSD
- Protogenos replied Dec 4, 2009
Haha, yeah I was sitting in front on computer before NFP and said "Well I'll just put in a small trade..." No more news trading for me either. Anyway, 1.4850 just gave
EURUSD