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  • #25,161
  • Aug 28, 2008 11:08am Aug 28, 2008 11:08am
i suggest everyone close their positions over the weekend, just my 2 cents...
Different opinions highly valued, ignorant to slander.
  • #25,162
  • Aug 28, 2008 11:10am Aug 28, 2008 11:10am
considering oil dropped to 114 earlier, gdp was better then expected and we barely got here, a reversal is likely at any time due to worries about gustav
Different opinions highly valued, ignorant to slander.
  • #25,163
  • Aug 28, 2008 11:13am Aug 28, 2008 11:13am
Quoting trading801
lol i exited too early . . . but you made some good pips right?

i did a risky trade.. i longed @ 1.47

very risky... for my overnight
i am still shorts.what doyou think.shorts overnight.ha ha ha
  • #25,164
  • Aug 28, 2008 11:13am Aug 28, 2008 11:13am
Quoting psiholog
considering oil dropped to 114 earlier, gdp was better then expected and we barely got here, a reversal is likely at any time due to worries about gustav
Gustav..schmustav.

Weather in New York is bright and sunny!

"Everybody needs money. That's why they call it money" - Danny De Vito
  • #25,165
  • Aug 28, 2008 11:17am Aug 28, 2008 11:17am
why did oil drop so much? Anyone?
  • #25,166
  • Aug 28, 2008 11:22am Aug 28, 2008 11:22am
anyone recognize any new patterns formed other than the downtrend developed since 1.4810?
Different opinions highly valued, ignorant to slander.
  • #25,167
  • Aug 28, 2008 11:23am Aug 28, 2008 11:23am
Quoting oolides
i am still shorts.what doyou think.shorts overnight.ha ha ha

hmmmmmmmmmmmmm do u have trailing stop ? at least can minimise damage if reversed
  • #25,168
  • Aug 28, 2008 11:24am Aug 28, 2008 11:24am
Quoting bksujal
why did oil drop so much? Anyone?
IMHO it was an overreaction to the gas numbers.
  • #25,169
  • Aug 28, 2008 11:29am Aug 28, 2008 11:29am
seems like 695 is becoming the new temporary support, for the millionth time this week....if the downtrend gets broken...time to draw those fibs
Different opinions highly valued, ignorant to slander.
  • #25,170
  • Aug 28, 2008 11:30am Aug 28, 2008 11:30am
Quoting bksujal
why did oil drop so much? Anyone?
Oil Falls Below $115; IEA Pledge Eases Storm Fears.
And gas invetories rised.
  • #25,171
  • Aug 28, 2008 11:31am Aug 28, 2008 11:31am
interesting rite those invisble things
  • #25,172
  • Aug 28, 2008 11:32am Aug 28, 2008 11:32am
Quoting trading801
hmmmmmmmmmmmmm do u have trailing stop ? at least can minimise damage if reversed
i am out for now but snooping around to find another point.
  • #25,173
  • Aug 28, 2008 11:33am Aug 28, 2008 11:33am
Quoting mustaji
Any possibility of where it will turn around. As an xpertrate!
I am not any expert, but I think it go much much down to have an balanced valuation of usd at around 1.18 level if USd got enough strength over time . virtually it may not possibly though but must have find some good level.

Anyway all my shorts tp , last was 1.4700 from 1.4800 & in between many close retake action .

Good trading experience today , tension ,anxiety , fear , greed . weather, oil etc all together .

best of luck to all traders .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #25,174
  • Aug 28, 2008 11:34am Aug 28, 2008 11:34am
Quoting oolides
i am out for now but snooping around to find another point.
i @@ be careful out there... remember to conserve your winnings.,. dont lose them

i out of here.. good night to all and take care
  • #25,175
  • Aug 28, 2008 11:35am Aug 28, 2008 11:35am
i hate to say this but warren forex and his input is needed, he knows fundamentals better than anyone
Different opinions highly valued, ignorant to slander.
  • #25,176
  • Aug 28, 2008 11:38am Aug 28, 2008 11:38am
Quoting psiholog
i hate to say this but warren forex and his input is needed, he knows fundamentals better than anyone
I second that
  • #25,177
  • Aug 28, 2008 11:45am Aug 28, 2008 11:45am
Quoting psiholog
i hate to say this but warren forex and his input is needed, he knows fundamentals better than anyone

It would be more interesting. Those large pastes fill up my screen though.

You must have been a lurker for some time to follow W.

It looks like you became a member here after he was temp stopped from posting.
Redefining Reality
  • #25,178
  • Aug 28, 2008 11:47am Aug 28, 2008 11:47am
Quoting psiholog
i hate to say this but warren forex and his input is needed, he knows fundamentals better than anyone
hello Bruce,
missing yourself?

"Everybody needs money. That's why they call it money" - Danny De Vito
  • #25,179
  • Aug 28, 2008 11:48am Aug 28, 2008 11:48am
Quoting psiholog
i hate to say this but warren forex and his input is needed, he knows fundamentals better than anyone
That's why most of you will lose.
  • #25,180
  • Aug 28, 2008 11:49am Aug 28, 2008 11:49am
i started following this thread because of him, fundamentals is my weak point and even though i didnt understand 80% of his posts, it was a great learning experience, i may interpret technicals pretty good but on a day like today, fundies are much more significant, notice how the dollar strength only came after oil dropped, oil stable now, dollar stable...gdp shoulda produced this drop and more in my opinion
Different opinions highly valued, ignorant to slander.
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