ok, what I would do is practice damage control. how can you get out without losing the entire pot? we can fade into profit or fade our losses. shit happens. the thing is freeing up capital to do right. holding for hope is the most extreme and least ...

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this is an emotional response. as soon as you need to prove something. as soon as you start using exclamation points to describe your process, you are emotionally involved.

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yes. MF Global is a beacon for this. NEVER get ahead of yourself in this game. It is way too easy, then they have you by the balls. every time.

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I know your thinking, so you don't need to defend it. It's all personal choice. All I am saying is how it's perceived. I know you are good people. This isn't a trade. Be honest about that. It ducked under 4 or 5 times from when it was a trade and ...

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mate, this is not a post against you, it is a clarification of reality. heroics is not trading. and people shouldn't vouch folly. this is sending a completely wrong message. you fucked up and got yourself into a shitty spot here. that's all there is ...

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Yes Now all we need is nature to follow it's course. 2011 was the blood bath, 2012 is the take profit. MF Global disintegrated, Paulson at 51% loss, GS firing it's senior trading managers over the worst loss since they went public. etc. etc. Anyone ...

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Tau, you made my coffee come out my nose. I hate you.

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the more my mind is in numbers the more absurd words become. where's my paint can?

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here you go.

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only if you have the order book. retail has no access to it. (even with Level 1) but even so, with FX there's no centralized exchange or trading floor, so volume is irrelevant. Spot FX is a decentralized market, so you can have a wide liquidity ...

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5260 is S1 on the intraday. But we could easily see 5200 WS2 or lower. If you look at the monthly 4215/6745 fib, 61.8% is sitting very close to the monthly LTL in this area. Watching EU for the lead here on the next leg. It's forming a temporary ...

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cheers mate. this looks like it could shape up to be a very interesting year. all the best to you as well!

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I haven't read your posts so my comment wasn't directed to you personally. I've been bearish on this pair for a while, but the market is a fickle beast as we all know. If the USDX took out the 50% line yesterday, or we break back up above the ...

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hi Tau, I must have missed that one. As Yogi Berra once said, "It is difficult to make predictions, especially about the future" Hope you have a great 2012 as well!

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not sure how heroic staring at a screen and pushing a button is.

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out at 5340, on the pip.

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that took long enough.

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That would be an amazing thing to see! hey...if it does that, I'll join you for the ride up and take the rest of the year off! looking at the relative and actual strength on the pair, we haven't reversed yet, so we may have a bit further to ...

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well, GU is like the third friend between USD and EUR who doesn't know which side to pick sometimes. At least Cameron stood up about the Tobin tax to Sarcozy and Merkel. There's no way it will be uniformly applied globally, so that was a smart ...

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hey mate, if this trade goes on long enough, you'll have to start adjusting for yearly inflation. USDX bouncing on the 50%. if this area doesn't hold, 80 test is on the table. slow news day zzz

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