Tip Of The Week: When going through airport customs and you are asked "Do you have any firearms with you?" do not reply "What do you need?"
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
big week for news coming up:
1. Tuesday: interest rate statement out of Australia (RBA).
2. Thursday: interest rate statements out of England (BoE) and the Eurozone (ECB).
3. Friday: Non Farm Payrolls out of the US.
hopefully you find something on your charts that agree...don't just take my word for it
http://money.ca.msn.com/savings-debt/yourmoney/loonie-will-plummet-to-85-cents-td
and they don't even mention Canada's potential housing bubble, which could have serious effects on their economy. I think eventually we see 1.16-1.21 for USDCAD. Not necessarily in a straight line, although it got over 1.10 much quicker than I expected.
Hope it flies for you...i have no position at the moment.
Yeah, I dont know. That was just the target I had since last Saturday when I did my chart work and planned to buy if it got there. May never get there though.
NU would be a nice buy at .78 I think. And I think that is where out its headed short term
Then dont sell
I dont get happy until I actually sell. Anything can happen with penny stocks.
I told you I already had some. Your posts are just funny.
This chart is slowly shaping up...watching very closely over the coming days/weeks
yep, im at work, so have no choice
Thats great those have worked for you. Im not referring to the merits of SD zones at all in my last couple posts. I didnt work with them enough to know either way how they are.
No, im prepared in CT. my girlfriend is in Winnipeg...they got it up there even worse than you guys in MN. I don't understand why/how people ever thought it would be a good idea to live there lol.
Yeah, im not debating that really. Just dont see how if 2 big banks are betting one way on a particular pair, and 2 big banks betting another way ....how do any have an advantage? if 4 are short EU then clearly you dont want to be long long term. But worrying about this is a futile attempt imo. Good technicals lead to consistent forex profits. Banks were supposedly calling a top on UCAD at 1.08 but look where it ended up. I guess im just not a believer in worrying about them too much. Not trying to discredit anything youre saying though. This is just my view of it.
anyone ever use an ECN broker?
wow, cant believe how unprepared southern states are for 1 measly inch of snow. how could one inch of snow even cause all this trouble? hope all the southerners here are ok
One inch of snow in Georgia:
- State of emergency
- 350 National Guards deployed
- Students may spend night in school
- 800 kids stranded
if they work together, what you say makes pretty good sense to me. Otherwise I have trouble seeing it. There are just so many large banks, hedge funds, institutions, commercial hedgers, and even us retail guys around the world that no one entity can control or tame this market. I have seen articles written saying one bank is long E/U looking for a certain price target and another bank is saying short every rally. The way the forex market moves can not be blamed or attributed to any one thing imo. It just may be a result of the fact it is a 5 trillion a day market with money flying in every direction and opinions galore. All is just my opinion, have never really done any research into this subject. Just trying to logically make sense of it.
EDIT:And most of the things I have read or heard about "bank behavior and bank trading" has been from someone trying to sell something claiming they know how to trade with the banks. Which makes me even more skeptical of the whole idea.
But what if one bank is going long AU and one is going short? Like you think every bank is working together? Each bank is only a small fraction of total monies in forex imo. Unless every bank is going long the same pair, I dont think they have as big an effect as you may think. I dont really know either way...its just how I look at it.
would love A/U to get to .89 so i can short it.
doubt it lol
as of now signs point to a move up....hence why i hold a long position. and I have no worries. if it flips and i'm wrong i bail. simple as that...no emotion whatsoever.
I was not accusing. I meant for all we know he is. Anyone can say they talked to someone.
I don't need to ask anyone anything. the charts speak to me lol. charts dont lie
yeah, news just adds to the trickiness of forex. I try trading with the trend usually so news doesn't worry me too much. I mainly just pay attention to the really big stuff and when I am entering a trade. Like I am hesitant to enter anything with NZD over the next couple days because of Wed's RBNZ rate statement stuff.
it all comes down to money management imo.
i've heard forex people who believe never avg. down as well. He says the best and most profitable traders only add to winning positions. Getting in on a trend, holding, and adding all the way up is how you hit the jackpot.
that is fine, everyone has and is entitled to an opinion....gl to you too
big deal! they are a terrible company if they are legit:
cash: $0
current assets: $0
total liabilities: $6.9 million
revenues: $0
net loss: $1.2 million
1% is actually probably high lol, but yeah there are those few.
nope. 99% chance its a scam, like all the rest of them. doesn't mean it can't run though and make me easy money.
no they don't. i have had numerous 5-10x trades based solely on technicals. The charts definitely let you know ahead of time.
oh of course. As long as they move, someone is making money...but it has 0 to do with "DD". I've made good money trading penny stocks and never did an ounce of "DD". Just need to know how to read a chart.
DD on a penny stock? lol if anyone did true "DD" on sub-penny stocks they would never invest in any of them.
it is the typical rhetoric you read on all these boards. none of it means anything imo.
good luck...anything is possible short term.
oh ok, thanks. Always liked that indicator and was curious if you found some other setting that was a little better.
hey simple, what are your settings for the ichimoku cloud?