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US Retail Sales (Jan 12 2007)

  • #81
  • Jan 12, 2007 9:17am Jan 12, 2007 9:17am
http://img136.imageshack.us/img136/2...enshot1tb0.png

Wiating for conformation.........MA cross. PSAR to show reverse, and RSI to cross 50 ....all to the down side.
Same Whore .... Different Dress
  • #82
  • Jan 12, 2007 9:20am Jan 12, 2007 9:20am
Quoting ktrade
Come on kiddos. Didn't your mommas ever teach you that:

Your charts aren't showing you what's happening according to the release of fundamentals
Your charts are showing you what's happening with traders reacting to the release of fundamentals.

Trade your charts - not the news!

Cheers all,

k
never traded off a chart in my life. all pre-define system for me bro. take's emotions out.
If I Go Broke Trying Then I Will die happy.
  • #83
  • Jan 12, 2007 9:22am Jan 12, 2007 9:22am
Right on man - wish I could do that!

Quoting Moe
never traded off a chart in my life. all pre-define system for me bro. take's emotions out.
  • #84
  • Jan 12, 2007 9:25am Jan 12, 2007 9:25am
Yea ... I'd like to know that one too....charts are a little deceptive at times....dripping with sarcasim
Same Whore .... Different Dress
  • #85
  • Jan 12, 2007 9:26am Jan 12, 2007 9:26am
Sold EUR/USD at 1.2938 (50% Fibo 1.3016/1.2866)
  • #86
  • Jan 12, 2007 9:30am Jan 12, 2007 9:30am
Quoting ktrade
Come on kiddos. Didn't your mommas ever teach you that:

Your charts aren't always showing you what's happening according to the release of fundamentals
Your charts are showing you what's happening with traders reacting to the release of fundamentals.

Trade your charts - not the news!

Cheers all,

k
well said...
i wish im ur brother..
"Analysis Is Hard But Trade Is Easy"
  • #87
  • Jan 12, 2007 9:33am Jan 12, 2007 9:33am
Quoting johnedoe
Yea ... I'd like to know that one too....charts are a little deceptive at times....dripping with sarcasim
im a firm believer that the big boys know how the average trader gets there signal's from chart's so they push a currency one way so its shows on the charts as sell then bang it goes up don't happen as much but only when they want to cover some of there losses
If I Go Broke Trying Then I Will die happy.
  • #88
  • Jan 12, 2007 9:37am Jan 12, 2007 9:37am
Quoting Moe
im a firm believer that the big boys know how the average trader gets there signal's from chart's so they push a currency one way so its shows on the charts as sell then bang it goes up don't happen as much but only when they want to cover some of there losses
I agree with ya there....its pretty well know they set up fake out to pull ya in ....then all of a suddin POW right in the kisser

I just hav'vnt got it all figured out yet .... but I am getting closer.
Same Whore .... Different Dress
  • #89
  • Jan 12, 2007 9:37am Jan 12, 2007 9:37am

poeple start leaving this thread.
everyone give up?

"Analysis Is Hard But Trade Is Easy"
  • #90
  • Jan 12, 2007 9:40am Jan 12, 2007 9:40am
Quoting Se[V]eN

poeple start leaving this thread.

everyone give up?

that downtrend might not happen my system gave up scaning so that tell me it don't know whats going on.
If I Go Broke Trying Then I Will die happy.
  • #91
  • Jan 12, 2007 9:42am Jan 12, 2007 9:42am
things are starting to flatten out.......maybe NY is getting ready for the weekend.
Same Whore .... Different Dress
  • #92
  • Jan 12, 2007 9:46am Jan 12, 2007 9:46am
Quoting merlin
well, there goes that idea! LOL
I don't know, it was still a valid theory. The big retail sales in november were moved to december and taken on balance they weren't that good. Net net, retail sales were below consensus.

I still got smoked on the trade though. Effin revisions...
  • #93
  • Jan 12, 2007 9:52am Jan 12, 2007 9:52am
anybody see anything where this thing is going.
If I Go Broke Trying Then I Will die happy.
  • #94
  • Jan 12, 2007 9:54am Jan 12, 2007 9:54am
Quoting johnedoe
things are starting to flatten out.......maybe NY is getting ready for the weekend.
i agree, maybe we should do the same.
If I Go Broke Trying Then I Will die happy.
  • #95
  • Jan 12, 2007 9:56am Jan 12, 2007 9:56am
Im out +46 pips gbp 9549 tp hit 9495

i moved my sl up every 15 pips as well, i managed this one the best so far, very proud of my self
Ghost Swoopen in for my pips while no one is lookin !!
  • #96
  • Jan 12, 2007 9:57am Jan 12, 2007 9:57am
B.O.E thru a monkey wrench in things this week. next week should be a good week for all of us lots of news comming, money on the table for the taken.
If I Go Broke Trying Then I Will die happy.
  • #97
  • Jan 12, 2007 9:58am Jan 12, 2007 9:58am
Quoting Ghostpipper
Im out +46 pips gbp 9549 tp hit 9495

i moved my sl up every 15 pips as well, i managed this one the best so far, very proud of my self
can you help a brother out with about 30 pips. lol nice job ghost.
If I Go Broke Trying Then I Will die happy.
  • #98
  • Jan 12, 2007 9:58am Jan 12, 2007 9:58am
just running along in a 9 pip channel for the last 25 minutes...EUR/ USD that is.
Same Whore .... Different Dress
  • #99
  • Jan 12, 2007 10:08am Jan 12, 2007 10:08am
enjoy your weekend guys. oh and gals
If I Go Broke Trying Then I Will die happy.
  • #100
  • Jan 12, 2007 10:13am Jan 12, 2007 10:13am
As a rule I wait till the news is over and trade the retracement,....so far this year those retracements have not happened for me....
Same Whore .... Different Dress
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