Oh, give me a break. Flashing the hotel maid is neither rape, nor grounds for destroying a man's life. Getting a blowjob in the office is not rape either. Sleeping with hookers is not rape. In fact, in Europe we believe that a man's sex life is his private deal. If a rape happens, then yes, it is crime. But it must be proven first. And DSK's life is already destroyed before the trial would've started. So get off your moral high horses, imbeciles.
And Ignore, I'm very familiar with American 'culture', as I lived there for almost a decade. First thing people told us in college was about 'date rape'. I still don't understand the concept of it all, what, a woman changes her mind afterwards, it's a rape? LOL. Look at what you censor: showing tits on screen is strictly 18+++, while showing mass murders, deprived bloody tortures, and discharging internal liquids is 'entertainment' and 'funny'. Thought you were smarter than that... :))
We're below 4650. Anything here is a gift. Long orders @4579 all the way down to 4484. Minimum target 4770, secondary 4980, terciary with a trailing stop from there.
Dave 4630 is low of 1st Nov 2009 weekly candle which is an important resistance. Price (almost) always respects the tip of candle wicks coming from the other direction. That respect might be temporary (within a 50 pip range before continuing the dollar massacre) or full. Also, since it is important to identify s/r _zones_ instead of lines (the shorter the tf the more important it is), that's a good comfortable 50 pips from 4580, wrapped around a big figure. Also, above 4630 I only see 4850 as proper resistance, so a break of it can see acceleration to the next stop.
500K will not move the market, not even 1 pip. What you're referring to though is offers submitted inside the spread - that's a totally different ball game and it is essential to screen for such fishing. However if you try to hit one of those, you'll see all the inside offers on that side withdraw instantly and the true spread appears.
And there's always a bigger fish. Usually they're quite complacent in giving up pips for the benefit of those who are willing to pick those up and are fast enough to swim with them sharks.
Sub, my thoughts are much more simple than yours: sell USD against anything you can come up with. :)
But seriously: Right now we're back at last week's close. All the news during the weekend are over and done with. In my view risk is back on - with a vengeance. (AUD is a very good indicator now.) When I see a market so uni-directional I expect it to go a lot further. (Uni-directional as in looking at the hourlies there's no retrace - not a single entry point. Not even after-hours.) So I expect 4485 to be taken out (as per my Monday swing) and trying to trail it from there. Gotta admit late Monday I was on the verge of swearing off swing trading for life after the initial mucking around. Simultaneously, DX is at the bottom again while e/u is not at the top, so the euro might need to catch up with that.
First, decide if you want to trade or invest. Trading requires doing your own r&a t/a etc. No newsletter or analyst info or even insider info will help you in this. Indeed, all these, plus newspapers, TV, anything else will prove to be a hindrance in your success. And it will require your constant attention until you're proficient enough to know what's going on in the markets even without looking at your computer. If you invest, your time horizon is much longer, you will stand the brunt of price swings as opposed to riding them and base your decisions based on fundamentals. Good quality research is essential in doing so and good analysts can help you. Treat this as a business, formulate a business plan, figure out how to test your plan without putting money on the line, and then act in accordance to your findings.
There, I saved you the first 100k worth of lessons.
Sub, gotcha. The reason I asked is that the short @4160 seemed to me as more of an impulsive 'trigger happy' decision than pre-planned, especially considering yesterday's posts. I see what you're doing now, keep up the good work.
For me any euro strength looks naive, to put it mildly. But I don't hold my breath on euro weakness especially while watching a 1300 pip intervention spree since mid-Jan, all I can expect is a sobering ECB press conf. So I mostly stick to crosses that make sense to me, like AUD, CHF, CAD. Risk/reward is off the charts there compared to EUR. And I don't get murdered in the chop, especially when I make the chop. :)
These fundamentalists are funny. If I chart the Sunrise I can tell at which exact time the Sun will rise tomorrow. Now, do I control the Sun's orbit because I drew a chart?
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(10 months ago)
Poor start to a slow market day as Ezone PMIs disappoint. Im still keeping an eye on the rare (-2%) USD-GOLD combo,… https://t.co/UyRzWsRbs7(10 months ago)
-5% YTD is not good, while -7% from the year highs can be tough. Gold traders have their eyes fixated on this for n… https://t.co/NV5UMKsfNo(10 months ago)
ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (10 months ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (10 months ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (10 months ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(10 months ago)
How bitcoin halvingreduces bitcoin inflation below that of gold and how its "hardness" can beat every other asset & currency over time. Watch here.
كيف تنخفض نسبة التضخم في بيتكوين تحت نسبة تضخم الذهب و ما يعني "صلابة" بيتكوين كعملة او إرادة؟
Latest Hot-Chart - Apr 09
Bitcoin versus Miners Performance
As many of you know 2023 was kind to members of our WhatsApp Broadcast Group who snapped up shares in bitcoin miners, while 2024 has so far been more superior to Bitcoin than most of the miners...
View Hot-Chart..
And Ignore, I'm very familiar with American 'culture', as I lived there for almost a decade. First thing people told us in college was about 'date rape'. I still don't understand the concept of it all, what, a woman changes her mind afterwards, it's a rape? LOL. Look at what you censor: showing tits on screen is strictly 18+++, while showing mass murders, deprived bloody tortures, and discharging internal liquids is 'entertainment' and 'funny'. Thought you were smarter than that... :))
And there's always a bigger fish. Usually they're quite complacent in giving up pips for the benefit of those who are willing to pick those up and are fast enough to swim with them sharks.
But seriously: Right now we're back at last week's close. All the news during the weekend are over and done with. In my view risk is back on - with a vengeance. (AUD is a very good indicator now.) When I see a market so uni-directional I expect it to go a lot further. (Uni-directional as in looking at the hourlies there's no retrace - not a single entry point. Not even after-hours.) So I expect 4485 to be taken out (as per my Monday swing) and trying to trail it from there. Gotta admit late Monday I was on the verge of swearing off swing trading for life after the initial mucking around. Simultaneously, DX is at the bottom again while e/u is not at the top, so the euro might need to catch up with that.
There, I saved you the first 100k worth of lessons.
For me any euro strength looks naive, to put it mildly. But I don't hold my breath on euro weakness especially while watching a 1300 pip intervention spree since mid-Jan, all I can expect is a sobering ECB press conf. So I mostly stick to crosses that make sense to me, like AUD, CHF, CAD. Risk/reward is off the charts there compared to EUR. And I don't get murdered in the chop, especially when I make the chop. :)