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  • #30,701
  • Sep 16, 2008 9:04am Sep 16, 2008 9:04am
Quoting wintrade
Its hitting the 24hour floor. Should it rise back up?
(going down for a third floorhit?)
I do not trust it at all. The way I see it it might as well drop another 100 pips. This was the general way it was behaving itself in recent weeks.
  • #30,702
  • Sep 16, 2008 9:08am Sep 16, 2008 9:08am
looks like its back on the rise again. Maybe to hit the 24hours ROOF this time? Tho I don't like the fact that Mr. US Finance is speaking atm! =/ Too much power for one man!
  • #30,703
  • Sep 16, 2008 9:13am Sep 16, 2008 9:13am
I sure hope it is heading up again! I think I'm done with this news stuff... at least on days like today when there is so much news. I just don't know enough about it.
  • #30,704
  • Sep 16, 2008 9:13am Sep 16, 2008 9:13am
Quoting wintrade
looks like its back on the rise again. Maybe to hit the 24hours ROOF this time? Tho I don't like the fact that Mr. US Finance is speaking atm! =/ Too much power for one man!
I don't think so, i don't see any major movement until it brakes the Triangle, probably not until news release.
Are you or are you OUT?
  • #30,705
  • Sep 16, 2008 9:18am Sep 16, 2008 9:18am
anyone listening to the speech?
  • #30,706
  • Sep 16, 2008 9:20am Sep 16, 2008 9:20am
Quoting merouane
I don't think so, i don't see any major movement until it brakes the Triangle, probably not until news release.
AIG in deep shit and a huge drop on opening?! Seems like the € is on the rise. Might hit a new top. Now adays thchnical isn't everything. I use it myself (on stocks) but it wouldn't do me anygood yesterday or today. (norwegian stockexchange was down 9,1% today)... frightening!
  • #30,707
  • Sep 16, 2008 9:31am Sep 16, 2008 9:31am
Quoting kasper
anyone listening to the speech?
i just saw a headline saying he canceled speech...not 100% sure though
Different opinions highly valued, ignorant to slander.
  • #30,708
  • Sep 16, 2008 9:32am Sep 16, 2008 9:32am
GO short to 1.4116
Are you or are you OUT?
  • #30,709
  • Sep 16, 2008 9:33am Sep 16, 2008 9:33am
Quoting wintrade
AIG in deep shit and a huge drop on opening?! Seems like the € is on the rise. Might hit a new top. Now adays thchnical isn't everything. I use it myself (on stocks) but it wouldn't do me anygood yesterday or today. (norwegian stockexchange was down 9,1% today)... frightening!
Do not try to understand this market with common sence, you will go insane

Cheers

P.s - Oil - UP, EUR - DOWN
  • #30,710
  • Sep 16, 2008 9:35am Sep 16, 2008 9:35am
Look out now....finally broke that 4174 support level! Fast move down

Best to you scalpers but I am glad to be stand-aside today.
  • #30,711
  • Sep 16, 2008 9:35am Sep 16, 2008 9:35am
Man, now i'm in deep you know what. I don't get it... probably never will
  • #30,712
  • Sep 16, 2008 9:35am Sep 16, 2008 9:35am
Hey guys, -30 pips! Go me, huh?
Do you think the karate kid knows kung-fu?
  • #30,713
  • Sep 16, 2008 9:39am Sep 16, 2008 9:39am
market behavior makes no sense. at this point, we're all just gambling and guessing.
  • #30,714
  • Sep 16, 2008 9:40am Sep 16, 2008 9:40am
Quoting magictrader
Looks like orange channel is in play now.
The same channel still in play.
Maybe many lines but that was nice short from top of the channel to the bottom .
  • #30,715
  • Sep 16, 2008 9:43am Sep 16, 2008 9:43am
Quoting magictrader
The same channel still in play.
Maybe many lines but that was nice short from top of the channel to the bottom .
Good Call
  • #30,716
  • Sep 16, 2008 9:45am Sep 16, 2008 9:45am
haha the market are totally insane...oly fibo works for me now..i hope all da short juz now will be happy to see a down from up juz now..im lucky to close my long juz now....i start live trading for the last 2 month n i SUFFER ALOT..newbie meee..n i learn alot from ere..thanx to all..
  • #30,717
  • Sep 16, 2008 9:50am Sep 16, 2008 9:50am
i think some of u guys just get this thin wrong sometimes.the market was terrible today and i'm glad i came out unscratched.i guess what messed the whole thing up today was the datas released.unfortunately market did not react to that atall,atleasst for the ones i know,.i think this trend is comming down.my guess
  • #30,718
  • Sep 16, 2008 9:53am Sep 16, 2008 9:53am
1.4. => 1408 =>1388
  • #30,719
  • Sep 16, 2008 9:54am Sep 16, 2008 9:54am
Anyone have any insight as to if this downtrend is going to end. I still have my long and it obviously isn't doing so hot.
  • #30,720
  • Sep 16, 2008 9:54am Sep 16, 2008 9:54am
Can you write your expectations on market reaction after rate statement:

1) rate is cut

not so probable IMO, but if that FED move happens EUR will get higher instantly

2) rate stays same

very probable but market reaction unknown ....

3) rate is raised

not so probable , reaction unknown
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