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Originally Posted by saijin
fxscalper, there is nothing wrong with volatility - you're the one missing the point.
so what if the euro swings 5cents at a time?! here's a thought; for all the lemmings that loved trading NFP reports in the past this market will be perfect - breakout trading couldn't be easier.
this is why succesful traders don't post here very often - when they do there are a mass of egos ready to puff up.
me, i'm just here to have fun.
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Please stop trying to turn this thread into a flame war.
The points I made are clear: They have nothing to do with coaching me on how to be 'fearless' and 'seek volatility as prey' and other idiotic statements.
If oil prices DO form a "super spike" all the "expert forex traders" are going to get smashed even quicker than they already do - that goes without saying.
What
I requested thoughts by people who have COMMON SENSE (that rules out several flamer/posters on this thread already) on is the overall probability of the event Goldman Sachs is indicating as coming to pass AND its implications.
Again, for those who actually trade currencies, and those who know the markets, know that violent 5 to 7 cent swings in forex mean something other than simple "volatility."
It is from these legitimate traders I'd like to hear from on this thread. I don't want the popular party/chat room amateurs and other weekday warriors spamming here so they can see their ID up in lights.
Thank you.
MoneyTec, please make note of my request.
Foamgod, Fatman, JAKE986FS, Baruch, Soul-Trader2004, Mishak and EternalFuture, can any of
you guys post on this thread: Would like to hear what you have to say.
fx