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  • Post #355,321
  • Quote
  • Dec 31, 2010 1:33am Dec 31, 2010 1:33am
  •  mansaf6
  • | Joined Aug 2007 | Status: Member | 215 Posts
I am not buying into euro rally. i will be shorting from here all the way till 1.34 area with sl above 1.3510. Looking for the swing short target of 1.28 . shorted at 1.3355
 
 
  • Post #355,322
  • Quote
  • Dec 31, 2010 1:33am Dec 31, 2010 1:33am
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Here is a tough nugget which bitch slapped us earlier.

I heard Chuck Norris is riding this train now though.

http://i52.tinypic.com/2z9d005.png
 
 
  • Post #355,323
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  • Dec 31, 2010 1:37am Dec 31, 2010 1:37am
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Quoting jillsaab
Disliked
Low liquidity giving the smart money a very good chance to pump up the price and set up deadly bull trap. This thing will hopefully go more with fundamentals
Ignored
How is this a bull trap?

You're telling me you weren't in this off the 1.3223 Fibonacci bounce last night?

I guess bull traps are the new lingo for free money.


http://i52.tinypic.com/3hoaf.png
 
 
  • Post #355,324
  • Quote
  • Dec 31, 2010 1:40am Dec 31, 2010 1:40am
  •  Chicky
  • Joined Sep 2008 | Status: Married - 5 Wives | 14,713 Posts
Minus 1% on its way up, Plus 1% on retrace down to 1.3350. Maybe 1% more on the way down to 1.3325
The Thief of Wall Street
 
 
  • Post #355,325
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  • Dec 31, 2010 1:41am Dec 31, 2010 1:41am
  •  jillsaab
  • | Joined Apr 2010 | Status: Thankyou FF | 201 Posts
Quote
Disliked
How is this a bull trap?

You're telling me you weren't in this off the 1.3223 Fibonacci bounce last night?

I did not buy the rally last night, I rather shorted it. I am still in drawdown but my risk is low and my TF is larger
 
 
  • Post #355,326
  • Quote
  • Dec 31, 2010 1:42am Dec 31, 2010 1:42am
  •  PayTheLimit
  • Joined Aug 2009 | Status: Ride the Pig | 31,178 Posts
Quoting england33
Disliked
any news on this break?
Ignored
I dont see anything brother, looks like an easter egg hunt...and that would be confirmed if we close this hour under 3305/08 in my view
Look Sharp/Trade Tight
 
 
  • Post #355,327
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  • Dec 31, 2010 1:42am Dec 31, 2010 1:42am
  •  surewin888
  • | Commercial Member | Joined Dec 2010 | 648 Posts
i would expect EU some more upside with some pull back...$ index still shows weakness in 1 and 4 hr chart...
 
 
  • Post #355,328
  • Quote
  • Dec 31, 2010 1:44am Dec 31, 2010 1:44am
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
A clean break of 1.3361 puts us to challenge 1.3392 and my target of 1.3390.
 
 
  • Post #355,329
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  • Dec 31, 2010 1:45am Dec 31, 2010 1:45am
  •  Magix
  • Joined Feb 2009 | Status: Half in the Bag | 17,826 Posts
Quoting PayTheLimit
Disliked
I dont see anything brother, looks like an easter egg hunt...and that would be confirmed if we close this hour under 3305/08 in my view
Ignored
Easter egg break?
Attached Image (click to enlarge)
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Name: egg.jpg
Size: 40 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
 
 
  • Post #355,330
  • Quote
  • Dec 31, 2010 1:46am Dec 31, 2010 1:46am
  •  PayTheLimit
  • Joined Aug 2009 | Status: Ride the Pig | 31,178 Posts
Magix, you catch any of those eggs?
Look Sharp/Trade Tight
 
 
  • Post #355,331
  • Quote
  • Dec 31, 2010 1:48am Dec 31, 2010 1:48am
  •  Magix
  • Joined Feb 2009 | Status: Half in the Bag | 17,826 Posts
Quoting PayTheLimit
Disliked
Magix, you catch any of those eggs?
Ignored
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
 
 
  • Post #355,332
  • Quote
  • Dec 31, 2010 1:48am Dec 31, 2010 1:48am
  •  gatorinla
  • Joined Oct 2008 | Status: sideline is a position | 94,306 Posts | Online Now
1/2 short 3338... sl 3370.. bedtime
those who can, do. those who cant, talk about those who can
 
 
  • Post #355,333
  • Quote
  • Dec 31, 2010 1:50am Dec 31, 2010 1:50am
  •  Chicky
  • Joined Sep 2008 | Status: Married - 5 Wives | 14,713 Posts
Net minus 1%. Quitting for now.
The Thief of Wall Street
 
 
  • Post #355,334
  • Quote
  • Dec 31, 2010 1:53am Dec 31, 2010 1:53am
  •  Redeemed1
  • | Joined Feb 2010 | Status: Fast dimes are better than slow $s | 581 Posts
Will short below 3333
 
 
  • Post #355,335
  • Quote
  • Dec 31, 2010 1:53am Dec 31, 2010 1:53am
  •  The Fool
  • Joined Apr 2009 | Status: Live and learn. | 21,133 Posts
Quoting Chicky
Disliked
Net minus 1%. Quitting for now.
Ignored
last day of the year god knows what could happen
"If The Fool persists in his Folly he will become wise." - William Blake
 
 
  • Post #355,336
  • Quote
  • Dec 31, 2010 1:54am Dec 31, 2010 1:54am
  •  Alihuzaifa
  • | Membership Revoked | Joined Oct 2008 | 2,791 Posts
short EU tp 1.3335
Attached Image (click to enlarge)
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  • Post #355,337
  • Quote
  • Dec 31, 2010 1:55am Dec 31, 2010 1:55am
  •  buonvangvn
  • | Membership Revoked | Joined May 2010 | 1,979 Posts
$ index hit neckline
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Size: 40 KB
 
 
  • Post #355,338
  • Quote
  • Dec 31, 2010 1:55am Dec 31, 2010 1:55am
  •  ts63
  • | Joined Sep 2009 | Status: Member | 208 Posts
margin call
 
 
  • Post #355,339
  • Quote
  • Dec 31, 2010 1:55am Dec 31, 2010 1:55am
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Quoting Redeemed1
Disliked
Will short below 3333
Ignored
I hope you mean below 1.3328, tested Fib line.

I think you just insulted him bro. Say sorry.

http://i53.tinypic.com/rm8rpc.png
 
 
  • Post #355,340
  • Quote
  • Dec 31, 2010 1:58am Dec 31, 2010 1:58am
  •  The Fool
  • Joined Apr 2009 | Status: Live and learn. | 21,133 Posts
Quoting buonvangvn
Disliked
$ index hit neckline
Ignored
that's a good lookin round top
"If The Fool persists in his Folly he will become wise." - William Blake
 
 
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