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iflyjetzzz replied Dec 6, 2010Cloggie did a LOT of teaching on this thread. I was learning from him daily; he is a huge loss. I've been around various forums for a long time and have done a lot of teaching/mentoring on them, as Cloggie was doing here. After a while, you burn out ...
EURUSD
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iflyjetzzz replied Dec 3, 2010I fully understand what you're saying. That's why I'm not a fan of paper trading; the pressure you feel in a losing trade/the greed you feel in a winning trade just can't be simulated in paper trading. That's a big part of what makes FOREX trading ...
EURUSD
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iflyjetzzz replied Dec 3, 2010I've been trading on InteractiveBrokers for several years and have had very few connectivity losses. I guess as long as I've got a reliable connection, I won't shop for a different FOREX broker ... I had considered changing brokers.
EURUSD
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iflyjetzzz replied Dec 3, 2010Hmmm. Thanks for posting; it gives me a good reason to be very careful trading volitility.
EURUSD
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iflyjetzzz replied Dec 3, 2010Closed long position at 06:30:27 for 1.32593 Opened short position at 06:45:54 for 1.3329. Closed short position at 06:47:49 for 1.3326. My thesis on NFP was wrong, EUR fluctuated heavily initially after release. I was happy to book 19 pips. I tried ...
EURUSD
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iflyjetzzz replied Dec 3, 2010Thanks; that's been in my crosscheck. I see equity futures creeping up over the last 15 min.
EURUSD
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iflyjetzzz replied Dec 3, 2010Disclaimer: I'm a newbie here; place little or zero weight in my opinion. I expect the EUR to rise on a good NFP number. I will open a small long position prior to the release. I will also have a market sell order loaded and ready to execute once ...
EURUSD
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iflyjetzzz replied Dec 3, 2010Is that the normal PA for bad NFP numbers? I would expect US equities to move down and EUR go down as it would be a risk off situation. I am thinking that the NFP will be better than expected and the end result will be EUR going up. How has the EUR ...
EURUSD
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iflyjetzzz replied Dec 2, 2010Moonchild, I interpreted that video the exact same way. The THEORETICAL 1.77 LONG TERM target (not Feb 2011) was based on reading the charts after the bounce off of 1.18. The person in the video hints that 1.77 was not a realistic target and, as you ...
EURUSD
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iflyjetzzz replied Dec 2, 2010Dude, I don't want to trash this board with a silly discussion; this'll be my last response to you on this subject. 1) 1.8 in Feb? Extremely unlikely. Predictions such as this undermine your credibility. 2) Stating that upward movements in the EUR ...
EURUSD
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iflyjetzzz replied Dec 2, 2010You reinforced my desire to sit on my hands and wait. With bond yields creeping higher, I consider that to be bearish but will not act on that bias.
EURUSD
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iflyjetzzz replied Dec 2, 2010That's a funny interpretation of Trichet. If someone were to follow your logic further, you could also read that as a desire to peg the EUR to the USD. 1 EUR = $1.31. Hard peg. That would cut down on excessive volitility.
EURUSD
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iflyjetzzz replied Dec 2, 2010Bond yields moving higher. That shifts my bias to shorting EUR. url Bond yeilds edge higher despite ECB buying By Jamie Coleman || December 2, 2010 at 14:25 GMT || 1 comment || Add comment I’m most keenly watching Spanish bonds this week and they ...
EURUSD
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iflyjetzzz replied Dec 2, 2010I was using your advice from yesterday or the day before ... grab the fat part of the move and don't worry about catching the bottom or top. I was expecting at least a bit of a retrace. I'm not comfortable with a direction on the EUR at the moment ...
EURUSD
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iflyjetzzz replied Dec 2, 2010CNBC (or CNBS, as I prefer to call it) in the US isn't carrying it. You must have CNBC international. Bloomberg US isn't carrying it either. I'm watching it through the ECB website.
EURUSD