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  • #25,301
  • Aug 28, 2008 7:31pm Aug 28, 2008 7:31pm
Quoting akirax
I think the bear flag is almost confirmed and signaling a continuation move southward...
If it breaks, then bye bye 1.48
  • #25,302
  • Aug 28, 2008 7:32pm Aug 28, 2008 7:32pm
Quoting fxterrapin
Did Buffet buy the USD or simple close his long EUR position?
Buffet's not a trader.

He's an investor... the richest on the planet... but not a trader.
  • #25,303
  • Aug 28, 2008 7:33pm Aug 28, 2008 7:33pm
GET DOWN... put your feed back on the ground.. GET DOWN..
  • #25,304
  • Aug 28, 2008 7:34pm Aug 28, 2008 7:34pm
In fact, we've been in a mother of a continuation triangle for a week now.

http://i37.tinypic.com/2efnoew.gif
  • #25,305
  • Aug 28, 2008 7:35pm Aug 28, 2008 7:35pm
Quoting acumen
Buffet's not a trader.

He's an investor... the richest on the planet... but not a trader.
Did I say he was?
  • #25,306
  • Aug 28, 2008 7:38pm Aug 28, 2008 7:38pm
Good Grief fxterrapin - Why are your charts so damn BIG!! - 600x400 please - You're messin up my screen with those monsters!
  • #25,307
  • Aug 28, 2008 7:41pm Aug 28, 2008 7:41pm
Quoting Fulltime247
Good Grief fxterrapin - Why are your charts so damn BIG!! - 600x400 please - You're messin up my screen with those monsters!
  • #25,308
  • Edited 7:56pm Aug 28, 2008 7:41pm | Edited 7:56pm
Quoting acumen
Buffet's not a trader.

He's an investor... the richest on the planet... but not a trader.
He's the richest person on the planet, and he is a trader, buying and selling the EUR/USD pair is trading.

All his money he made is trading options, stocks and currencies. You and I and all of us are investors and traders like Buffet. We buy or sell a pair in the hope it goes in our direction, Buffet does the same.
He also is investor buying companies that he know that they make profits. Buying shares of that companies means trading.

BTW the report says that he didn't reverse the position, he just sold it.
I'm wrong?
  • #25,309
  • Aug 28, 2008 7:42pm Aug 28, 2008 7:42pm
Quoting charlinks
I am so glad I slept for the last 7 hours...
that what i guess
Attached Image
  • #25,310
  • Aug 28, 2008 7:44pm Aug 28, 2008 7:44pm
false bear flag breakout...hmm....

has moved back in the channel.
  • #25,311
  • Aug 28, 2008 7:44pm Aug 28, 2008 7:44pm
got greedy on that false break down...only made about 13 pips oh well..now...1.4715 about to be retested...any opinions...short/long?
Different opinions highly valued, ignorant to slander.
  • #25,312
  • Aug 28, 2008 7:45pm Aug 28, 2008 7:45pm
Quoting fxterrapin
Did I say he was?

I thought the quote you were quoting did?
  • #25,313
  • Aug 28, 2008 7:46pm Aug 28, 2008 7:46pm
They have been pushing this thing up every night?... And now here it is 2040 and nothing.... they are letting me down. I have used that as a point to buy more shorts.......oh well another sideways night it is looking like.

And thanks acumen for the email.. I have the same pivot as yours... must be the time frame difference with mine.


Troy..
  • #25,314
  • Aug 28, 2008 7:48pm Aug 28, 2008 7:48pm
watch out guys, and protect your shorts;

this session will likely go by the same pattern as in the previous days; the Japanese are twisted minds..they have to close those books over the week-end, plus good economic data, UJ will likely tank, which will shoot EU up;
"Everybody needs money. That's why they call it money" - Danny De Vito
  • #25,315
  • Aug 28, 2008 7:48pm Aug 28, 2008 7:48pm
Oh and ty for the website, but I am unable to watch the videos. What are you using to unzip them with.

Thanks...

Troy..
  • #25,316
  • Aug 28, 2008 7:49pm Aug 28, 2008 7:49pm
Quoting slide
watch out guys, and protect your shorts;

this session will likely go by the same pattern as in the previous days; the Japanese are twisted minds..they have to close those books over the week-end, plus good economic data, UJ will likely tank, which will shoot EU up;
I agree with you. When in doubt, watch UJ...
  • #25,317
  • Aug 28, 2008 7:51pm Aug 28, 2008 7:51pm
Quoting fxterrapin
Well even so, that ain't no ascending triangle. It's a continuation flag/wedge/
Could be, I don't know. Not something I watch for.
  • #25,318
  • Aug 28, 2008 7:52pm Aug 28, 2008 7:52pm
Quoting eye4spot
GET DOWN... put your feed back on the ground.. GET DOWN..
feet
  • #25,319
  • Aug 28, 2008 7:54pm Aug 28, 2008 7:54pm
Quoting Fulltime247
Good Grief fxterrapin - Why are your charts so damn BIG!! - 600x400 please - You're messin up my screen with those monsters!
Me too. Slide to the left and then slide back. Time-waster.
  • #25,320
  • Aug 28, 2008 7:54pm Aug 28, 2008 7:54pm
Quoting mrtwrrt
Oh and ty for the website, but I am unable to watch the videos. What are you using to unzip them with.

Thanks...

Troy..
I believe I used winzip or winrar.
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