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  • #19,061
  • Aug 10, 2008 1:46pm Aug 10, 2008 1:46pm
E/U at this moment .4927
  • #19,062
  • Aug 10, 2008 1:48pm Aug 10, 2008 1:48pm
Quoting malcolmb14
In order to see if this bottom is going to hold note the bullish divergence on the 15 min rsi14, draw a trendline across the 2 lows on the rsi .. if this breaks happily take a short for a quick 50 - 80 pip trade. Move the stop down to BE as soon as you have +25 pips profit as this may be a bear trap break out.
lovely trade for 70 pips today
Blogging daily now at www.volume.zone
  • #19,063
  • Aug 10, 2008 1:48pm Aug 10, 2008 1:48pm
1.4977

at http://www.xe.com/
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  • #19,064
  • Aug 10, 2008 1:49pm Aug 10, 2008 1:49pm
thank you very much bruce, im just trying to learn as much as i can. im new on forex, have been watching it for a year and i love trading!!i trade stocks at this moment but since i discover forex...wow its great!
  • #19,065
  • Aug 10, 2008 1:50pm Aug 10, 2008 1:50pm
Quoting mokonni
1.4977

at http://www.xe.com/
1.4930 at an OPEN broker. xe.com hasn't been right even when the markets are open.
  • #19,066
  • Aug 10, 2008 1:52pm Aug 10, 2008 1:52pm

It is 1.4932 from SAXOBANK, which is ALWAYS right!

What a move! 100 pips in 10 minutes!

  • #19,067
  • Aug 10, 2008 1:55pm Aug 10, 2008 1:55pm
Quoting malcolmb14
lovely trade for 70 pips today
Nice one.. I'm at +78 om the gu also.
  • #19,068
  • Aug 10, 2008 1:55pm Aug 10, 2008 1:55pm
Quoting alsup1955
This movement smells of a trap?????? Comments
I smell bear trap

I took my 70 in eu and ran just as the post said if it broke the bullish div 15 min then we may get a quick 50 to 70 pip drop
Blogging daily now at www.volume.zone
  • #19,069
  • Aug 10, 2008 1:56pm Aug 10, 2008 1:56pm
Quoting malcolmb14
lovely trade for 70 pips today
Nice one.. I'm at +78 on the gu also.

Sorry , fat fingers
  • #19,070
  • Aug 10, 2008 1:56pm Aug 10, 2008 1:56pm
Quoting alsup1955
Nice one.. I'm at +78 om the gu also.
I traded three eu +70 , gj +50 and ej +55
Blogging daily now at www.volume.zone
  • #19,071
  • Aug 10, 2008 1:58pm Aug 10, 2008 1:58pm
If the break of 1,4944 holds and this is not a bear trap then the next drop will be to 1.4800
Blogging daily now at www.volume.zone
  • #19,072
  • Aug 10, 2008 2:01pm Aug 10, 2008 2:01pm
Quoting malcolmb14
I traded three eu +70 , gj +50 and ej +55
Sweet, nice start to the week. U may as well call it a day
  • #19,073
  • Aug 10, 2008 2:02pm Aug 10, 2008 2:02pm
Quoting alsup1955
Sweet, nice start to the week. U may as well call it a day

r u kidding lol ... the day is only just warming up ....lol

areas of 1.4944 / 1.4900 are strong possibility of reversal areas according to my system.
Blogging daily now at www.volume.zone
  • #19,074
  • Aug 10, 2008 2:04pm Aug 10, 2008 2:04pm
Quoting alsup1955
Sweet, nice start to the week. U may as well call it a day

spreads this time of day are killer. ... 7 pips eurusd .. if i was not sure of the 50 pip trade i would not have taken it
Blogging daily now at www.volume.zone
  • #19,075
  • Aug 10, 2008 2:05pm Aug 10, 2008 2:05pm
From http://www.forexfactory.com/showpost...ostcount=18951

Quoting Warren Forex
One of my companies is called Warren Forex Investment Corporation !!!
Quoting Warren Forex
The facts are as follows.

Warren Forex Investment Corporation was disolved as Jay Walker correctly pointed out. What he did not point out is that another Canadian Corporation was formed in order to restructure and all shareholders of that Corporation were brought into another Corporation called "Aviel Forex Corporation"
Then wouldn't a correct statement on http://www.forexfactory.com/showpost...ostcount=18951 would be to say "One of my companies WAS called Warren Forex Investment Corporation"?

Not just a question of semantics here. I, Jay Walker, was an import export broker. It would be inaccurate and some would argue, morally wrong of me to represent myself as one today since I haven't been one for many years.

The same is applicable in your circumstance. Posting a statement such as ""One of my companies is called Warren Forex Investment Corporation" and then go into a long text confirming that this very corporation is in fact dissolved makes you look defensive to some. To others, rightly or wrongly, innocent or guilty, it will bring questions about your credibility.

You're right, I didn't point out anything about Aviel. My apologies. But in all fairness, why should I? If I want to appear credible, it's my responsibility to present an accurate portrait of myself and the same is applicable to you.

Bruce, I have to give you credit. While your posts are long winded, I do find some value in them and I can only give you the benefit of the doubt; you may very well be the subject of a smear campaign. That being said, it's hard to ignore what I just described.
Not all sins are created equal
  • #19,076
  • Aug 10, 2008 2:06pm Aug 10, 2008 2:06pm
rsi to me is one of the best indicators .. when those divergences get broken you can produce very quick runs very quickly

here is something of topic .. but YM ( dj emini futures) that I trade

Friday afternoon .. break up of bearish div for a very fast 80 point trade

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Blogging daily now at www.volume.zone
  • #19,077
  • Aug 10, 2008 2:08pm Aug 10, 2008 2:08pm
Quoting malcolmb14
spreads this time of day are killer. ... 7 pips eurusd .. if i was not sure of the 50 pip trade i would not have taken it
I think that's bull...not the good kind either.
  • #19,078
  • Aug 10, 2008 2:08pm Aug 10, 2008 2:08pm
Quoting alsup1955
Sweet, nice start to the week. U may as well call it a day
A target for gu short if you are still in ...
Blogging daily now at www.volume.zone
  • #19,079
  • Aug 10, 2008 2:09pm Aug 10, 2008 2:09pm
Quoting malcolmb14
spreads this time of day are killer. ... 7 pips eurusd .. if i was not sure of the 50 pip trade i would not have taken it
Your right. FXCM is terrible. I'm with fxsolutions now...Alittle better
  • #19,080
  • Aug 10, 2008 2:09pm Aug 10, 2008 2:09pm
it is hard not to believe in the "end-of-days" when we see this kind of gaps on the EUR/USD!

lol!

iiivb
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