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toshi replied May 24, 2009Geezzz, I may have to get outta here for a while. Hanging around here I'm starting to get kinda bearish on this Euro. I didn't care one way or the other a few hours ago. But, this is how it always starts. I may have to go before I start selling ...
EURUSD
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toshi replied May 24, 2009Taking another look at this.. I'm spying the PA from Wednesday. It looks like an awful lot of big money got off the train at 138. The Elliot folks say this last couple 100 pts to tag the 140 handle is a 5th wave. Some of us call that a "retail ...
EURUSD
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toshi replied May 24, 2009You mean to say everyone's not hiding right now ? You're not hiding ? People, did I miss anything ? What did Maggie Thatcher have to say about the Falklands ? Everythings cool now, right ? I've aleady missed the Duran Duran concert. I don't wanna ...
EURUSD
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toshi replied May 24, 2009Okay...Okay... here's a nice gap for everybody. See, it's all good.
EURUSD
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toshi replied May 24, 2009A good read, indeed. To sum up what "Mr. T" is saying regarding The US Fed and the next few months or so: To Quote: "... If the credit markets can absorb the US issuance over the next three months without driving up interest rates and the US economy ...
EURUSD
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toshi replied May 24, 2009You have nothing to worry about then. Just reverse at 150 and ride it back to 160 and you'll break even.
It might get boring after that though.EURUSD
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toshi replied May 24, 2009Oh no ! Oanda is up 20 pips from Friday and the mkt's not even open yet ! I guess it's time for shorts to take out a second mortgage. I'm going to hide before the world ends. Don't light any matches. (because I farted)
EURUSD
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toshi replied May 24, 2009Now Oanda is 10 pips up from Friday ! Now you're really in deep shit ! What Now ! The only logical thing to do is........................... SELL THE POUND !!! WHAT ????
EURUSD
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toshi replied May 24, 2009How 'bout this: Ya know, last week EuroDollar stood just under 135 after receiving a good whacking on Friday (May 15th). Except for the people calling for a 500 gap up to 140 on Sunday nite (bless your tortured souls), the prevailing attention was ...
EURUSD
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toshi replied May 23, 2009Question for you.... — My work is showing a similar set of targets over the next few weeks, but a couple things still puzzle me. First, if EUR/JPY is the product of Dollar Yen and the Euro quoted in USD, then where does a 120 EuroYen (or ...
Daily EUR/JPY analysis
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toshi replied May 23, 2009Some of the money gets spent on good quality porn and scotch. The rest of the money, well...it usually just gets wasted....and so do I. It's so pitiful that someday I intend to register as a 501(c)(3) organization because at this point, it's ...
Where do all your forex profits go to?
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toshi replied May 12, 2009Don't be alarmed. I always feel this way, 24/7 from the moment I wake up. I think it's normal.
EURUSD
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toshi replied May 12, 2009Duce is right. You have no business sleeping or even going to take a piss with a short against an uptrend. Invest in some coffee and a bucket with a lid.....and maybe some lysol.
Now, in truth, I'm wondering what the action will be like if 135 ...EURUSD
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toshi replied May 9, 2009I trade alot of futures and you're right. The Euro (currently trading June) is very liquid. During peak volumes, you can get in or out of a multi-million dollar trade in 1/10 of a second, doing the most of the deal usually at one price, spread is ...
EURUSD
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toshi replied May 9, 2009Short answer: no Also, "...Should I even trust Goldman-Sachs with $80 mill in my account....?" These days, not really. "...How about The US Goverment, or any government for that matter ? Surely their currency is safe and backed by the full faith and ...
EURUSD
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toshi replied May 9, 2009Camel Toe Fibs — Here you go, This is what I'm trying to show you. Fibonooky retracements are quite easy to spot after you've seen them awhile. Take a look:
Strong bullish pattern - "the Camel's Head!" (KISS)
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toshi replied May 9, 2009Btw: have any of you ever traded this pair before ? Some brokers offer it, most don't. If not, you can do a synthetic pair by going long or short the Euro and then trade the opposite for that other thing, effectively having a EUR/TWAT position. It's ...
Strong bullish pattern - "the Camel's Head!" (KISS)
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toshi replied May 9, 2009This is only one example, of course. What we see here is a VERY TIGHT contracting channel. On these, I usually use a fibonooky retracement to measure the movement.
Strong bullish pattern - "the Camel's Head!" (KISS)