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OnlineAddict commented Jul 8, 2014In the time you have been waiting for that 100 pip fall, you could have made 300 pips by buying the dips...you just waste time, close bad trades, no matter how much it hurts.
UK Index of Production, May 2014
- OnlineAddict commented Jul 8, 2014
This pattern is old...why don't you make money on it and keep hoping for shorts? You see that it only wants to go up, but you still short...why? Trade without emotions... p.s. I say it all the time...its just news, they don't mean anything, other ...
GBP Is A Bad Apple While Dollar Is Squeezed
- OnlineAddict commented Jul 8, 2014
With a 500 pip SL, sure, why not.
UK Index of Production, May 2014
- OnlineAddict commented Jul 8, 2014
Whoever is shorting cable must be suicidal. I was short, too, but only from 7142 to 7095, from there I'm long again and hopefully will add tomorrow before FOMC towards 1.7250 or 1.73, which can be easily hit this week.
UK Index of Production, May 2014
- OnlineAddict commented Jul 6, 2014
There won't be any rate raise anytime soon...definitely not this week.
Britain braced for a rise in interest rates
- OnlineAddict commented Jul 6, 2014
Thats a nice theory, but will you pay $1000 for shoes and $10k for a 40'' TV, when its produced under normal labor conditions? The economy is beyond screwed, there is nothing to fix it, its too late, too many countries involved, well, the whole ...
ECB's Coeure: rates to stay low, Europe needs more investment
- OnlineAddict commented Jul 6, 2014
I would hold shorts if I was short from 1.3950+, but I would never short from below 1.36, the risk/reward ratio is simply not worth it. I will long every break of a lower level. If some miracle happens and we break 1.35, I will keep adding longs ...
EUR Is A Sell; We Hold EUR/USD Shorts - Morgan Stanley
- OnlineAddict commented Jul 6, 2014
What reasons other than hopes? Euro bottoming out for weeks...now 80-90 pips away from a bottom which was rejected by 160 pips in a few hours. On the downside, there are clear limits...on the upside sky is the limit, so what reasons do they have? ...
ECB's Lautenschlaeger does not see bond-buying: paper
- OnlineAddict commented Jul 5, 2014
Of course not...there is no buying and there are no more rate cuts...the only people who expect that are those who hold euro shorts and are trading hopes, not charts.
ECB's Lautenschlaeger does not see bond-buying: paper
- OnlineAddict commented Jul 5, 2014
What ECB said? If you trade what politicians say, your account won't survive a week, their opinions change more often than...well, I can't even find a comparison, because nothing changes that often. I remember last time ECB said they want eurusd to ...
EUR Is A Sell; We Hold EUR/USD Shorts - Morgan Stanley
- OnlineAddict commented Jul 5, 2014
LOL there is a bigger chance for it to hit 2 then 1.15, but keep trading your hopes, let me know how that worked out.
EUR Is A Sell; We Hold EUR/USD Shorts - Morgan Stanley
- OnlineAddict commented Jul 5, 2014
There was a mini rejection at 1.37, price was 10-20 pips lower for many many hours after that. Thats not a rejection. A rejection happened at 1.3504, when the price was rejected by 150 pips within a few hours...thats a rejection. We will see 1.3640 ...
EUR Is A Sell; We Hold EUR/USD Shorts - Morgan Stanley
- OnlineAddict commented Jul 4, 2014
Unless 1.3480 is broken, the chart is very bullish.
EUR Is A Sell; We Hold EUR/USD Shorts - Morgan Stanley
- OnlineAddict commented Jul 4, 2014
It wants 1.7250, it seems...maybe 1.73, before a decent short. But I think its safe to short from this area and add, if your leverage is not too high.
EUR Is A Sell; We Hold EUR/USD Shorts - Morgan Stanley
- OnlineAddict commented Jul 4, 2014
Thank you, I'm long from 1.3585, SL 1.3573. I will open another long around 1.3535, if we break 75, with SL below 1.3504. With shorts...I would need luck, with longs I don't.
EUR Is A Sell; We Hold EUR/USD Shorts - Morgan Stanley
- OnlineAddict commented Jul 3, 2014
If I was you, I would get out during tomorrow's asian or EU session around 1.7130-40, because it looks like, it will spike towards 1.7250-60 after that.
Webcast of the ECB press conference 3 July 2014
- OnlineAddict commented Jul 3, 2014
Still not deep enough...perfect long entry would be 1.3585-95, short term target 1.37+.
Webcast of the ECB press conference 3 July 2014
- OnlineAddict commented Jul 3, 2014
Bearish trend? Check monthly...even weekly is bullish...hell, even daily with the strong bottom formed.
Webcast of the ECB press conference 3 July 2014
- OnlineAddict commented Jul 3, 2014
Triple bottom above 1.35. The spike from 1.3504 to 1.3660, which happened within a few hours...who do you think that was? Retail? lol Don't trade against big money...big money already made a bottom. Maybe for the whole year or longer.
Webcast of the ECB press conference 3 July 2014
- OnlineAddict commented Jul 2, 2014
I think there is a better chance for 1.50 than 1.25. We have already been down, market didn't like it...we are still far from the top, so we don't know what market says there.
Is EUR/USD Rally Coming To An End?: Levels & Targets - Citi