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  • #342,921
  • Dec 9, 2010 6:42am Dec 9, 2010 6:42am
Quoting Mr Hatch
looking at M5, it should start soon, it's reached the crossroads. daily support seems to be well penetrated.
i see a diamond formation on 5m, shorted the touch of the upper trendline .3218 with stop at .3225
  • #342,922
  • Dec 9, 2010 6:43am Dec 9, 2010 6:43am
Quoting gatorinla
you kinda walked in late to something i said a few years ago. back then it was straight jacket material. so i was pushing it toward a few others. Dow? i don't have a clue,, probably higher...
eu parity or 0 . unless they print in a few years.
200 oil next year? nope cause it will crash the system.
I have figured out how you did your calculations on your chart gator.
Do you have a formulae for the purple levels .Once you find your median point how do you trade it ?
Hope you dont mind the questions.
making green pips large and red pips small this is my goal.
  • #342,923
  • Dec 9, 2010 6:43am Dec 9, 2010 6:43am
Quoting gatorinla
extremily protective. watch and see if the next leg down touches 3193.. and you will know why..

Well I Hope You Are right I Am Counting On you . I Am Short From 3220 i am new here but from all what i have learned i see bears here .
  • #342,924
  • Dec 9, 2010 6:44am Dec 9, 2010 6:44am
Quoting PipChick
ohhhhh I really like yours
Here is mine:
i always panic slightly, when i see some kind of diamond formation. when you mirror the triangle to the left, i mean.
ny's not present atm... so will we send out an invitation first, meaning going up? that's the moment i back off a bit.

Quoting Titus
i see a diamond formation on 5m, shorted the touch of the upper trendline .3218 with stop at .3225
so, i'm not alone...
  • #342,925
  • Dec 9, 2010 6:44am Dec 9, 2010 6:44am
Quoting PipChick
I believe you I see the set up.
lots of hummping on the 5m.. i feel so dirty...
those who can, do. those who cant, talk about those who can
  • #342,926
  • Dec 9, 2010 6:45am Dec 9, 2010 6:45am
Quoting gatorinla
lots of hummping on the 5m.. i feel so dirty...
LOL..ALWAYS go with your feeling. Except in trading that is.
  • #342,927
  • Dec 9, 2010 6:46am Dec 9, 2010 6:46am
Quoting Mr Hatch
okay, let's check it out, i show you mine, you show me yours
Check your PM
  • #342,928
  • Dec 9, 2010 6:46am Dec 9, 2010 6:46am
Quoting paul1
I have figured out how you did your calculations on your chart gator.
Do you have a formulae for the purple levels .Once you find your median point how do you trade it ?
Hope you dont mind the questions.
a dog like to piss on certain trees. if you know the tree you know the dog. a bull and bear walk different.
those who can, do. those who cant, talk about those who can
  • #342,929
  • Dec 9, 2010 6:46am Dec 9, 2010 6:46am
short 3211, sl 3230, tp ?,...
Look Sharp/Trade Tight
  • #342,930
  • Dec 9, 2010 6:47am Dec 9, 2010 6:47am
Quoting Mr Hatch
i always panic slightly, when i see some kind of diamond formation. when you mirror the triangle to the left, i mean.
ny's not present atm... so will we send out an invitation first, meaning going up? that's the moment i back off a bit.



so, i'm not alone...

No, you aren't :-)
  • #342,931
  • Dec 9, 2010 6:49am Dec 9, 2010 6:49am
now it s moving ... bear or bull still need to wait
happy trading !!!
  • #342,932
  • Dec 9, 2010 6:50am Dec 9, 2010 6:50am
Quoting PayTheLimit
short 3211, sl 3230, tp ?,...
4 hr 50% retracement is 3195. Needs to break thru that again.
  • #342,933
  • Edited 7:19am Dec 9, 2010 6:51am | Edited 7:19am
i have set stop at BE and hope to see price beyond yesterdays low soon...

edit: stopped out
  • #342,934
  • Dec 9, 2010 6:53am Dec 9, 2010 6:53am
I think we'll hit 3088 in two hours and bounce back up to 3195 by NY close then settle down to 3092 by midnight gmt. Voodoo innit.
Founder of Sutherland Wave Principle
  • #342,935
  • Dec 9, 2010 6:53am Dec 9, 2010 6:53am
Quoting PipChick
4 hr 50% retracement is 3195. Needs to break thru that again.
yea there is a whole lot of support down here, but we could barely manage a bounce over 3230, which I found to be quite pathetic, so I took a cheap shot at them...
Look Sharp/Trade Tight
  • #342,936
  • Dec 9, 2010 6:54am Dec 9, 2010 6:54am
Quoting PayTheLimit
yea there is a whole lot of support down here, but we could barely manage a bounce over 3230, which I found to be quite pathetic, so I took a cheap shot at them...
  • #342,937
  • Dec 9, 2010 6:55am Dec 9, 2010 6:55am
Guys....No longs for me now..

3260 is the level for longs...

I have closed 2/3 of the intraday trade. As u know I have shorted 3305. Profit taken at 3210 intraday projected level.

What will I do now? I will put a stop at 3275 and aim for 3155. If it is breached like knife through butter I will keep it till 3100 levels.
  • #342,938
  • Dec 9, 2010 6:55am Dec 9, 2010 6:55am
Quoting suthmo
I think we'll hit 3088 in two hours and bounce back up to 3195 by NY close then settle down to 3092 by midnight gmt. Voodoo innit.

better chance of winning the lotto
  • #342,939
  • Dec 9, 2010 6:56am Dec 9, 2010 6:56am
Quoting PayTheLimit
short 3211, sl 3230, tp ?,...
+1
  • #342,940
  • Edited 7:08am Dec 9, 2010 6:58am | Edited 7:08am
they laughed at my channel .. 3139 is the bottom atm... to stay in the channel w/o breaking it. to get to 3110 may take 20 hours. you can see the interaction with the center line. it shows validity.. i hope we bust out the bottom..
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those who can, do. those who cant, talk about those who can
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