Theres no issues, A lot of people skipped this crazy stuff and went Private IM, Shorts working out well yes…have a great trading day ! 1.31317 entry short, we took half profit a t1 31189 and remaing (oops remaining lol) half looked best at 1.30933 the rest is all noise and nothing to do with trading. Money makes Money.
PS.Big email Robert Tranny, I guess the blue thing on your head holds the cheap wig on. And yes its your last post asthere are trades being posted now you cant hide and finally How do you have time for long pointless emails the market is open for trading?[/QUOTE]
You are the first person on my ignore list… Congrats
1.31317 to 1.30762 is not 100 pips in my book. not to mention the 50% you took off much earlier at 1.31189 (for a whopping 13 pips). so actually you made 12.8 pips on your first half and 55.5 pips on your second one, averaging to 34.15 pips, which is slightly less than 100.
no im not, i not one for calculating, its not required in trading…[B]do you think GU will make 1.5552 ? or pullback to 1.5519 first or something else? or maybe it will tun into a apple pie…who cares[/B]
[QUOTE=“peterma;486431”]Little addendum, where did price end up today? - 3076
Never disregard the message because one dislikes the messenger, an old Irish saying that I just made up :)[/QUOTE]
Except if the message contains blatant factual inaccuracies, delivered by someone with the writing equivalent of a speech impediment, who can’t perform basic arithmetic, and who is in a position to profit from being able to convince people to believe his message and pay him to hear more.
Then you disregard the message.
Price took the direction it did, when it did today, based on comments made by Draghi regarding the possibility of future rate cuts… Not because last weeks price range was divided by 3 and projected into the future.
Yep, Euro went down because ECB tried to talk it down, the really interesting thing is where it did not go to.
Negative rates were not even discussed, nobody knows if they would work, at EU level such a policy would takes many months to formulate - every investor worth his salt knows it’s all huff and puff.
So that’s why all those buy orders are sitting at … let’s guess, where was protected?, where would you set your limit order?
[QUOTE=“peterma;486454”]Yep, Euro went down because ECB tried to talk it down, the really interesting thing is where it did not go to.
Negative rates were not even discussed, nobody knows if they would work, at EU level such a policy would takes many months to formulate - every investor worth his salt knows it’s all huff and puff.
So that’s why all those buy orders are sitting at … let’s guess, where was protected?, where would you set your limit order?[/QUOTE]
So you think central banks intervene based on the prior weeks range divided by 3 and projected into the future?
ECB could not care less about divisions by three, their remit is clear, control of - inflation, growth, and unemployment.
If you are from France, then 3,2,1 if Germany the reverse.
If Italy then it’s how the ad lib is translated, the focus is the same, ‘the ECB does not intervene in fx’, we do, however, use the media and various ‘statements or comments’ to exercise a certain amount of influence on the market.
This is why I look to the bond market for guidance into how investors feel.
ECB could not care less about divisions by three, their remit is clear, control of - inflation, growth, and unemployment.
If you are from France, then 3,2,1 if Germany the reverse.
If Italy then it’s how the ad lib is translated, the focus is the same, ‘the ECB does not intervene in fx’, we do, however, use the media and various ‘statements or comments’ to exercise a certain amount of influence on the market.
This is why I look to the bond market for guidance into how investors feel.[/QUOTE]
Finally someone who understands that point lol…
Yet Dennis’ whole message is that central banks use pivot points to intervene…
Yes Pizza, your point is much more relevant than mine - this business is rife with those who have ‘secrets’ who hold up these secrets to the unsuspecting, they offer a little truth for free, see it being played out, and then … reel in their prey.
It’s always good to confront these people with simple truths of trading, no need to pay anyone.
EU Monday Short I by mid week long .
Asian market open on Monday and we are here trading it. EU we are first shorting at 1.31317 . and entry levels we expect [B]either to get a long at 130762 [/B]and a short 1.31817 . We are targeting 1 31189 for half TP, remainder to run. [B]Possible re enter long around 1.31317.[/B] Depends now on the levels when London Opens.
[B]we expect either to get a long at 130762 worked nicely for Tuesday[/B]
Tuesday
EJ we are determining if [B]to long from 129587 to target 13018[/B]. Or to short on London 129587 129 166 T1 then 128 948
Worked out nicely
Read more: 301 Moved Permanently
