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  • #28,701
  • Sep 9, 2008 8:07pm Sep 9, 2008 8:07pm
heres some thread related info....i see a descending triangle since the high at 1.4225 and its almost at the end of the road...anyone else see it?
Different opinions highly valued, ignorant to slander.
  • #28,702
  • Sep 9, 2008 8:09pm Sep 9, 2008 8:09pm
Quoting psiholog
thought didnt cross my mind...to me if 1.4200 was broken 1.4235 was next strong resistance....lesson to self...never put take profit exactly on strong resistance/support....
I usually put my TP +/- 10 pips from any res/sup lvl or fib lvl.
I rather take profit less than my actual target than loss in return.
  • #28,703
  • Sep 9, 2008 8:09pm Sep 9, 2008 8:09pm
Quoting SunTrader
Death by a thousand cuts.
Again... I consider my self more intra-day.
  • #28,704
  • Sep 9, 2008 8:10pm Sep 9, 2008 8:10pm
Quoting Tmac
Record is 199 in a row and counting as I type this.
199 - damn.

I was born at night, just not last night - if you know what I mean.
  • #28,705
  • Sep 9, 2008 8:25pm Sep 9, 2008 8:25pm
whoa this sure aint a falsie...break is for real...crude confirms it

Edit: that 100+pip gain i just locked in 40pips....better than nothing i guess
Different opinions highly valued, ignorant to slander.
  • #28,706
  • Sep 9, 2008 8:27pm Sep 9, 2008 8:27pm
H&S on the 1hr setting up?
  • #28,707
  • Sep 9, 2008 8:29pm Sep 9, 2008 8:29pm
Quoting ak4x
No worries bro... we're here for you...
Appreciate the support.



I need it.
  • #28,708
  • Sep 9, 2008 8:40pm Sep 9, 2008 8:40pm
Crude at R1 ($104.55) and previous trading range from early Tuesday so look for it to pull back.
  • #28,709
  • Sep 9, 2008 8:48pm Sep 9, 2008 8:48pm
...

you guys and girls never sleep , hein ?!
  • #28,710
  • Sep 9, 2008 8:51pm Sep 9, 2008 8:51pm
for those that use fibs be aware 1.4136 is 23% fib retracement from 1.4428 down to 1.4046....a close on the hourly charts above that value could suggest a move up to 38.2%(1.4191)..just my 2cents...
Different opinions highly valued, ignorant to slander.
  • #28,711
  • Sep 9, 2008 8:55pm Sep 9, 2008 8:55pm
[quote=bablo;2209954]
Quoting sdapastor

Actually I agree that people talk a lot of s**t in this forum. I have been reading this forum for some time and rarely post since I realized that most people in this form have less than 5K of real money in their account. Many only trade demo accounts. A lot of people get it in their mind that they have found the way to successful trading. They post and boast about their ability to read the market. Then one day silence. No more posts.

At any rate I use the forums to gain an understanding of general thinking. I’ve also found that more often than not a person with 30 posts or less is a great guide to what not to do.

May sound jaded but it’s my opinion

You have 12 posts so far.
  • #28,712
  • Sep 9, 2008 9:04pm Sep 9, 2008 9:04pm
carefull bears
buls are building some action
gold bounced off of projected target too..
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  • #28,713
  • Sep 9, 2008 9:06pm Sep 9, 2008 9:06pm
boring....

...but consistent. This is my last cycle for asia. I rarely have good results past the 3rd round, and it's almost lunch time in Tokyo. That's my cue...

G'nite all.
Attached Image
FUBAR...
  • #28,714
  • Sep 9, 2008 9:06pm Sep 9, 2008 9:06pm
[quote=fxterrapin;2210177]
Quoting bablo


You have 12 posts so far.
You clearly got my point.

Another thing I forgot to add was new members with a ridiculous amount of posts. At over 200 post since May 2008, that puts you directly into my third category of people not to follow.
  • #28,715
  • Edited 9:09pm Sep 9, 2008 9:07pm | Edited 9:09pm
Quoting psiholog
for those that use fibs be aware 1.4136 is 23% fib retracement from 1.4428 down to 1.4046....a close on the hourly charts above that value could suggest a move up to 38.2%(1.4191)..just my 2cents...
Exactly what's on my chart but i can still see this pair drop before any big upward movement.

Note: As far as i can see, this is just a consolidation to a drop soon.
  • #28,716
  • Sep 9, 2008 9:09pm Sep 9, 2008 9:09pm
Quoting FXObserver
Exactly what's on my chart but i can still see this pair drop before any big upward movement.
1.4115 is critical....it is currently 61.8% on the last upwards move and has acted as support/resistance in the past
its also the point to reenter the trend from earlier...that (descending triangle)
Different opinions highly valued, ignorant to slander.
  • #28,717
  • Sep 9, 2008 9:11pm Sep 9, 2008 9:11pm
Quoting SunTrader
199 - damn.

I was born at night, just not last night - if you know what I mean.
???
  • #28,718
  • Sep 9, 2008 9:14pm Sep 9, 2008 9:14pm
[quote=bablo;2210192]
Quoting fxterrapin

You clearly got my point.

Another thing I forgot to add was new members with a ridiculous amount of posts. At over 200 post since May 2008, that puts you directly into my third category of people not to follow.

Only problem is, this is not the first account I open on FF, so your little theory falls apart.

Also, there is no one to follow, just you and the market. "Following" does not apply. Now go and hunt those pips.
  • #28,719
  • Sep 9, 2008 9:18pm Sep 9, 2008 9:18pm
[quote=fxterrapin;2210207]
Quoting bablo


Only problem is, this is not the first account I open on FF, so your little theory falls apart.

Also, there is no one to follow, just you and the market. "Following" does not apply. Now go and hunt those pips.

Sorry, didn’t realize that you could blow up a FF account. Thought it only applied to your FX account.

Live and learn I guess.
  • #28,720
  • Sep 9, 2008 9:19pm Sep 9, 2008 9:19pm
Quoting fxterrapin
???
It says you are in the USA - and you never heard that expression???
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