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  • #26,981
  • Edited 2:30am Sep 4, 2008 2:19am | Edited 2:30am
Quoting psiholog
what makes you so sure it will go down?, right now it could go either way
yep but...

oil have no room upside IMO
we could see psyche level today which is 200ema at monthly chart

below is oil 2H and monthly chart

btw oil is slowly sliding down

edit: sold at 14537
Attached Image(s) (click to enlarge)
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  • #26,982
  • Sep 4, 2008 2:28am Sep 4, 2008 2:28am
it is gold that has caused it to jump up. Damn gold lol
  • #26,983
  • Sep 4, 2008 2:28am Sep 4, 2008 2:28am
hi all.. am pretty quiet today me.. well my funds are not in yet.. so now i have 0.98 in my acct...

have a 1 cent pip position short at 1.4477

no stress lol

taking a break from all this sorrow.. as highly recommended by you bros...

sigh

cobra.. the xls is a nice tots.. thanks...

bkdsujal.. not yet but will be checking out real soon... do i need to pay?
  • #26,984
  • Sep 4, 2008 2:28am Sep 4, 2008 2:28am
i recall sunday when everyone was so bullish. gustav coming oh yea this will drop the dollar and make oil jump through the roof. i even said dont be so sure anything can happen. what happened, the dollar gained 350pips on the euro alone. sadly i did not listen to my advice and got burned for it refusing to see whats happening (noobie style)

today everyone is saying sell sell sell, no room for euro, oil will keep dropping even though all signs of a reversal are staring us in the face.

conclusion...pippin aint easy
Different opinions highly valued, ignorant to slander.
  • #26,985
  • Sep 4, 2008 2:33am Sep 4, 2008 2:33am
Quoting Srikanth
Looking at price action we are going up atleast to 1.46..But it's very risky to trade against major trend...


Just now got medium term long confirmation ( say 100 pips easily )
  • #26,986
  • Sep 4, 2008 2:35am Sep 4, 2008 2:35am
Quoting psiholog
conclusion...pippin aint easy
You're right bro.
  • #26,987
  • Sep 4, 2008 2:36am Sep 4, 2008 2:36am
Quoting Srikanth


Just now got medium term long confirmation ( say 100 pips easily )
very possible....that inverted head and shoulder i been talking about broke the neckline at 1.4530, looks like its holding....for now
Different opinions highly valued, ignorant to slander.
  • #26,988
  • Sep 4, 2008 2:40am Sep 4, 2008 2:40am
There's the weekly pivot at 555 and 550 psych with previous range high two days ago and the hourly channel upper trendline. IF it breaks those - above 560 you can start saying long. Let's see if it can get above 560.. Or if oil can break 110 or going to bounce down hard.
On the path to Enrichment.
  • #26,989
  • Sep 4, 2008 2:46am Sep 4, 2008 2:46am
I said i was going to trade on crazy day like this anymore, here I am stucked with two Euro shorts.
Looks like we have a reversal confirmation. Any thoughts???


EDIT: Maybe the Eur/Usd takes back whatever it gives, or maybe I still haven't learnt how to protect my profits. Loosing 2-3 weeks effort in a day can be very painful.
  • #26,990
  • Sep 4, 2008 2:54am Sep 4, 2008 2:54am
look like a bull sign...price has reach daily R1 at 1.4547..if break this..heading to 1.4612...any comment??
  • #26,991
  • Sep 4, 2008 2:55am Sep 4, 2008 2:55am
Quoting yemupz
I said i was going to trade on crazy day like this anymore, here I am stucked with two Euro shorts.
Looks like we have a reversal confirmation. Any thoughts???


EDIT: Maybe the Eur/Usd takes back whatever it gives, or maybe I still haven't learnt how to protect my profits. Loosing 2-3 weeks effort in a day can be very painful.

may not be a black day...possible ranging market from now ...
  • #26,992
  • Sep 4, 2008 2:56am Sep 4, 2008 2:56am
Quoting yemupz
I said i was going to trade on crazy day like this anymore, here I am stucked with two Euro shorts.
Looks like we have a reversal confirmation. Any thoughts???


EDIT: Maybe the Eur/Usd takes back whatever it gives, or maybe I still haven't learnt how to protect my profits. Loosing 2-3 weeks effort in a day can be very painful.
follow the trend
  • #26,993
  • Sep 4, 2008 2:56am Sep 4, 2008 2:56am
We're at strong support here. No shorts until a clear break.

Nice PB on the daily too.
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  • #26,994
  • Sep 4, 2008 2:59am Sep 4, 2008 2:59am
Quoting Srikanth
may not be a black day...possible ranging market from now ...
It's a black day for me already. I couldn't stand it anymore, closed my shorts losing sooooo much in the process.
I won't cry though
  • #26,995
  • Sep 4, 2008 2:59am Sep 4, 2008 2:59am
i dont see confirmation yet.
oil is selling nicely near 110
gold as well near 815
Everything is fine according to the plan
  • #26,996
  • Sep 4, 2008 3:01am Sep 4, 2008 3:01am
Quoting AMFfx
look like a bull sign...price has reach daily R1 at 1.4547..if break this..heading to 1.4612...any comment??
then i would be dead.i have shorts playing all over my screen
  • #26,997
  • Sep 4, 2008 3:01am Sep 4, 2008 3:01am
personal opinion, if the news favors the euro, may get close to 1.4650, ridiculous right?
Different opinions highly valued, ignorant to slander.
  • #26,998
  • Sep 4, 2008 3:02am Sep 4, 2008 3:02am
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  • #26,999
  • Sep 4, 2008 3:03am Sep 4, 2008 3:03am
Quoting 5ysfx
i dont see confirmation yet.
oil is selling nicely near 110
gold as well near 815
Everything is fine according to the plan

560 dudes.. For now it's just a good r:r short opportunity.
On the path to Enrichment.
  • #27,000
  • Sep 4, 2008 3:04am Sep 4, 2008 3:04am
Quoting Jurrasic
There's the weekly pivot at 555 and 550 psych with previous range high two days ago and the hourly channel upper trendline. IF it breaks those - above 560 you can start saying long. Let's see if it can get above 560.. Or if oil can break 110 or going to bounce down hard.
You mean this channel right?
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