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clockwork71 replied Dec 30, 2008Spiky you say? Parabolic move to say the least. These are the moves that correct quite violently. Can you say "Oil" anyone? "Aussie Dollar" maybe? I don't know if it will actually make it to parity or not. However, I do know that one nasty ...
UK joining the Euro? EURGBP at 1.0000 ?
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clockwork71 replied Dec 30, 2008Advice would be to wait, until the 5th of January or so to make any trades.
Possible Scenarios of the Situation Development with EUR/USD in early 2009.
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clockwork71 replied Dec 27, 2008He's as big as a Mack truck! Thanks for asking. I can't wait to see your next thread.....and no worries, being profitable (like the 2 threads would make a trader be so far....) is always interesting! Clockwork
The System II (Yes with irony)
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clockwork71 replied Dec 27, 2008I am confused: I thought you ask for people's opinion. I guess not, since you have already made up your mind about GFT. So please, stop clogging up the internet with this nonsense. As far as Hipster is concerned, I have no doubts as to his ability ...
GFT Forex Discussion
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clockwork71 replied Dec 26, 2008I didn't really have any issues with GFT either. I got slipped in my favor 50 pips once on an absolute meltdown in USD/USD. (Feb of 2007). They knew about it because I called to make sure all was good - they even let me keep it. Go figure. It is a ...
GFT Forex Discussion
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clockwork71 replied Dec 25, 2008Spoken like someone that doesn't understand technicals.
Why Indicators will fail you
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clockwork71 replied Dec 25, 2008Pay attention children - like the man said "due to the nature of the markets". Somewhere around this forum there are people in a thread talking about EUR going to 2 next year. Funny, because there is a huge amount of puts being lined up for 1.20 in ...
The System II (Yes with irony)
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clockwork71 replied Dec 22, 2008Yes. Wait until after Non-Farm Payroll Friday to place any new trades. It's the holidays, and nobody is out there trading. Leave it be until then.
james16 Chart Thread
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clockwork71 replied Dec 20, 2008Yes, the interest rates are 7.5% vs. 0.25%. A great carry trade, in theory at least. As far as announcements and economic releases, there is always this site: url After all, it's India's Central Bank. They might know a few things about the Indian ...
USD/INR for Carry Trades
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clockwork71 replied Dec 18, 2008Uh. Hello? — How many large orders do you think are being filled a few days before Christmas? It comes down to it being an illiquid market.
Wide broker Spreads
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clockwork71 replied Dec 17, 2008I would venture to say there is a reason for this. And it's simple. This doesn't happen to those people very often, so when it does - they gloat. But then again, gloating shows a lack of self-control, and in that....a lack being able to ride it out ...
Who Got Rich and Who Got Burned?
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clockwork71 replied Dec 17, 2008UNTIL it's broken, it shows failed attempts. When we were talking, they hadn't been broken. But as a general rule, when a trade goes like that, I tend to take the surer trade. And did. After all, since we are NOT actually trading anything, it never ...
EUR/USD flagging south this coming week
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clockwork71 replied Dec 17, 20082.0? No. I don't think this at all. 1.38, 1.42, and 1.48 were all levels to watch is all. Another thought that has kept me out of this is that it IS the last real trading week of the year. A lot of larger funds will shore up the books at the end of ...
EUR/USD flagging south this coming week
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clockwork71 replied Dec 16, 2008Here is something interesting.... USD/CHF plummets 400 pips. Meanwhile, EUR/USD spikes, and STOPS SUDDENLY. (At the 50% fib from down trend.) EUR/GBP got above .90, and sat there. This could be interesting.
EURUSD a huge buy above 1.2736
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clockwork71 replied Dec 15, 2008Dont have the chart in front of me (daily) - but I seem to remember about a 100 pip area above this pin, which is why I passed. As you develop as a trader - you will learn that s/r lines are more often than not "ZONES", and can be quite wide at ...
james16 Chart Thread
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clockwork71 replied Dec 15, 2008Simple. Because Canada and Scotland both suck.
Actually, this John Mauldin guy is normally just about right on the money. I receive his articles via email, and am very, very, impressed with him. Granted, most of the time he is talking about ...Second Mortgage Crisis Coming? How does it effect USD?
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clockwork71 replied Dec 15, 2008By definition, any time you have long wicks like that....it's not. But that's neither here nor there. What really matters is if people, like myself, who thought the other way waited for set ups to short. I did, it didn't come. Oh well. No trade, no ...
EUR/USD flagging south this coming week
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clockwork71 replied Dec 14, 2008Not nearly as interesting as the weekly chart.
How people should really trade!