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  • Post #95,761
  • Quote
  • May 13, 2009 1:59pm May 13, 2009 1:59pm
  •  IcoHristovBG
  • | Joined Jan 2009 | Status: Member | 157 Posts
Quoting shadowman
Disliked
for me i think this will go down
Ignored
sounds like in casino mate
CrizZzZzZzZz
 
 
  • Post #95,762
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  • May 13, 2009 2:03pm May 13, 2009 2:03pm
  •  GlitzGlitz
  • | Joined Apr 2009 | Status: Odd one. | 73 Posts
Quoting Yavar
Disliked
if daily candle close above 3577 i go long SL 3545 and let it run till the end of the week. considering the last week candle formation , it could be the lowest point for the week and even next week. any comments will be appreciated . . .
Ignored
What makes you think that way and how far do you expect it to go according to your scenario?

It sounds very ambitious for me, though, but that makes me curious too.
 
 
  • Post #95,763
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  • May 13, 2009 2:07pm May 13, 2009 2:07pm
  •  currencyexch
  • | Joined Mar 2009 | Status: Member | 328 Posts
Quoting Elghoz
Disliked
hi anyonehaveidea if there is risk to go down more then 3600
Ignored
The last two lows on the 4h show 1.3560's so that's pretty good support
Looking at a weekly chart though one wonders if we are in the 3rd wave of wave 4 of the correction up looking for a mjor reversal down
 
 
  • Post #95,764
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  • May 13, 2009 2:08pm May 13, 2009 2:08pm
  •  The Fool
  • Joined Apr 2009 | Status: Live and learn. | 21,036 Posts
Do S&P futures telegraph moves on the EUR/USD?
"If The Fool persists in his Folly he will become wise." - William Blake
 
 
  • Post #95,765
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  • May 13, 2009 2:10pm May 13, 2009 2:10pm
  •  gatorinla
  • Joined Oct 2008 | Status: sideline is a position | 92,574 Posts
Quoting IcoHristovBG
Disliked
sounds like in casino mate
Ignored
this is the casino not bet is a sure thing
Inserted Video
those who can, do. those who cant, talk about those who can
 
 
  • Post #95,766
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  • May 13, 2009 2:13pm May 13, 2009 2:13pm
  •  IcoHristovBG
  • | Joined Jan 2009 | Status: Member | 157 Posts
Quoting gatorinla
Disliked
this is the casino not bet is a sure thing http://www.youtube.com/watch?v=AwXFbiuxlrA
Ignored
it will surely go down in 1 year , i swear ! This is the call of the year
CrizZzZzZzZz
 
 
  • Post #95,767
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  • May 13, 2009 2:14pm May 13, 2009 2:14pm
  •  Yavar
  • | Joined Jul 2008 | Status: BullShark | 101 Posts
Quoting GlitzGlitz
Disliked
What makes you think that way and how far do you expect it to go according to your scenario?

It sounds very ambitious for me, though, but that makes me curious too.
Ignored

first of all i must say Its only a possibility, i might be wrong but what is important is how to manage my money which in this case i see a very good profit/loss ratio

main Reasons : Full bulish candle of the last week

breaking a very important resistance line ( since 2008.12.14)

SO line formation on my Monthly chart
 
 
  • Post #95,768
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  • May 13, 2009 2:16pm May 13, 2009 2:16pm
  •  Jasper
  • | Joined May 2006 | Status: Member | 880 Posts
Quoting gatorinla
Disliked
yes its a coin toss... but add this in .. oil inventories down a bunch...yet oil is lower today.. i expected the bounce.. i wrote it ahead of time when eu was not around any s/r.. it bounced..3565
Ignored
I'd move my S/L down and was only slightly above 1.3565, phew or a word to that effect went through my mind.
Good Trading. (keep it simple).
 
 
  • Post #95,769
  • Quote
  • May 13, 2009 2:19pm May 13, 2009 2:19pm
  •  ak4x
  • Joined Aug 2007 | Status: TARFU... | 7,015 Posts
Gator... take a gander at the weekly/monthly, then carry this current daily S/R level back into Oct/Nov for reference.

grey =21sma
red = 50ema
Attached Images
FUBAR...
 
 
  • Post #95,770
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  • May 13, 2009 2:19pm May 13, 2009 2:19pm
  •  gatorinla
  • Joined Oct 2008 | Status: sideline is a position | 92,574 Posts
well if you go long you know what your risk is.. r/r should be great.. but to me so far the bounce did not impress me.. im wondering where the beef is..
those who can, do. those who cant, talk about those who can
 
 
  • Post #95,771
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  • May 13, 2009 2:23pm May 13, 2009 2:23pm
  •  GlitzGlitz
  • | Joined Apr 2009 | Status: Odd one. | 73 Posts
Quoting Yavar
Disliked
first of all i must say Its only a possibility, i might be wrong but what is important is how to manage my money which in this case i see a very good R : S

main Reasons : Full bulish candle of the last week

breaking a very important resistance line ( since 2008.12.14)

SO line formation on my Monthly chart
Ignored
Pardon my newbieness, but what is a SO line formation?
 
 
  • Post #95,772
  • Quote
  • May 13, 2009 2:26pm May 13, 2009 2:26pm
  •  ak4x
  • Joined Aug 2007 | Status: TARFU... | 7,015 Posts
Quoting gatorinla
Disliked
well if you go long...

im wondering where the beef is..
Ignored
I aint't thinkin longish... 145.oo is the Brink and it are Teetering as I post.... 4th tap on 1hr. check the 4hr as well.

UJ fightin the 96. I'm thinkin someone's got a case of the munchies for the Yen after whatever They been smokin lately, and the buck ain't far behind. That's just me tho. My timing stinks sometimes.
FUBAR...
 
 
  • Post #95,773
  • Quote
  • May 13, 2009 2:30pm May 13, 2009 2:30pm
  •  Yavar
  • | Joined Jul 2008 | Status: BullShark | 101 Posts
Quoting GlitzGlitz
Disliked
Pardon my newbieness, but what is a SO line formation?
Ignored
Stochastic Oscilator
Attached Image (click to enlarge)
Click to Enlarge

Name: ttt.gif
Size: 19 KB
 
 
  • Post #95,774
  • Quote
  • May 13, 2009 2:31pm May 13, 2009 2:31pm
  •  Yavar
  • | Joined Jul 2008 | Status: BullShark | 101 Posts
Quoting GlitzGlitz
Disliked
Pardon my newbieness, but what is a SO line formation?
Ignored

pardon my poor english
 
 
  • Post #95,775
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  • May 13, 2009 2:35pm May 13, 2009 2:35pm
  •  gatorinla
  • Joined Oct 2008 | Status: sideline is a position | 92,574 Posts
Quoting ak4x
Disliked
Gator... take a gander at the weekly/monthly, then carry this current daily S/R level back into Oct/Nov for reference.

grey =21sma
red = 50ema
Ignored
i got the first test just under 1.5 gu 4930/47 ish
those who can, do. those who cant, talk about those who can
 
 
  • Post #95,776
  • Quote
  • May 13, 2009 2:39pm May 13, 2009 2:39pm
  •  ak4x
  • Joined Aug 2007 | Status: TARFU... | 7,015 Posts
Quoting ak4x
Disliked
UJ fightin the 96.
Ignored
...and the cutest shampoo on the daily/weekly I've seen in a while as well... I might have to go slummin here.

We are 2 pips from the March 16 weekly//monthly Low... this is a critical level either way but I'm bearish for a BREAK, if it pukes out and goes into a range... forget it.

Could still be some upside if it fails and bounces, but I ain't tradin it. I hate this pair. (("slummin" referred to the GY))
Attached Image
FUBAR...
 
 
  • Post #95,777
  • Quote
  • May 13, 2009 2:40pm May 13, 2009 2:40pm
  •  GlitzGlitz
  • | Joined Apr 2009 | Status: Odd one. | 73 Posts
Quoting Yavar
Disliked
Stochastic Oscilator
Ignored
Thanks. And btw your english is good. I think I'll give your plan a ride with a small lot, though with minor adjustments.

Did you select the the SL according to two last daily candles?

And how did you get 1.3577 as the key number to decide further direction?

The r/r ratio looks extremely tempting.
 
 
  • Post #95,778
  • Quote
  • May 13, 2009 2:41pm May 13, 2009 2:41pm
  •  gatorinla
  • Joined Oct 2008 | Status: sideline is a position | 92,574 Posts
Quoting ak4x
Disliked
I aint't thinkin longish... 145.oo is the Brink and it are Teetering as I post.... 4th tap on 1hr. check the 4hr as well.

UJ fightin the 96. I'm thinkin someone's got a case of the munchies for the Yen after whatever They been smokin lately, and the buck ain't far behind. That's just me tho. My timing stinks sometimes.
Ignored
ive been shorting ej but got out with my shorts when s&p bottomed out.. im looking to re-enter around good ole 69... dont know what tonight holds.. but oil not spiking tells me the same old rant... im not gonna rant just yet..
those who can, do. those who cant, talk about those who can
 
 
  • Post #95,779
  • Quote
  • Edited 3:03pm May 13, 2009 2:49pm | Edited 3:03pm
  •  gatorinla
  • Joined Oct 2008 | Status: sideline is a position | 92,574 Posts
Quoting ak4x
Disliked
...and the cutest shampoo on the daily/weekly I've seen in a while as well... I might have to go slummin here.

We are 2 pips from the March 16 weekly//monthly Low... this is a critical level either way but I'm bearish for a BREAK, if it pukes out and goes into a range... forget it.
Ignored
timmings everything.. you got a batman on gu 4hr also... depending on all other things this and all we are looking at may take time... in that time of consolidation batman may come true..there was a lot of push behind this move..im waiting on what s&p to finish the move..or at least cross the lines..
those who can, do. those who cant, talk about those who can
 
 
  • Post #95,780
  • Quote
  • May 13, 2009 2:52pm May 13, 2009 2:52pm
  •  Yavar
  • | Joined Jul 2008 | Status: BullShark | 101 Posts
Quoting GlitzGlitz
Disliked
Thanks. And btw your english is good. I think I'll give your plan a ride with a small lot, though with minor adjustments.

Did you select the the SL according to two last daily candles?

And how did you get 1.3577 as the key number to decide further direction?

The r/r ratio looks extremely tempting.
Ignored

3577 is Monthly R1 line which in this case price respected it nicely as a Support line i think. and you are right about the SL. in fact its better to wait for thenext day confirmation in order to go long this way. but thats me, i can not wait , i rather losing afew pips but not to miss a very large move upward
 
 
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