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  • #31,581
  • Sep 18, 2008 1:24am Sep 18, 2008 1:24am
Quoting belekas
Bulls vs Bears now and looks like the Bulls are taking over
Hopefully we can break 1.4410 as it would open doors to 1.45-1.46
  • #31,582
  • Sep 18, 2008 1:25am Sep 18, 2008 1:25am
here is that earlier "flag" i posted updated...man that was a massive bear trap

Attached Image (click to enlarge)
Click to Enlarge Name: current.gif Size: 31 KB


1.4500 anyone?
Different opinions highly valued, ignorant to slander.
  • #31,583
  • Sep 18, 2008 1:29am Sep 18, 2008 1:29am
Quoting psiholog
here is that earlier "flag" i posted updated...man that was a massive bear trap

Attachment

1.4500 anyone?
I guess this is going up. Pouring dollars to market should mean up. I'm really just not sure how this works at the moment because banks are hoarding dollars.
  • #31,584
  • Sep 18, 2008 1:31am Sep 18, 2008 1:31am
Quoting psiholog
here is that earlier "flag" i posted updated...man that was a massive bear trap

Attachment

1.4500 anyone?
I'm on board if 4430 breaks
  • #31,585
  • Sep 18, 2008 1:32am Sep 18, 2008 1:32am
Quoting mikkom
I guess this is going up. Pouring dollars to market should mean up. I'm really just not sure how this works at the moment because banks are hoarding dollars.
news did not work all week..did not work last week...everything made the dollar stronger....but pumping dollars in the markets...well that is a bull "flag" to me
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  • #31,586
  • Sep 18, 2008 1:33am Sep 18, 2008 1:33am
I have longs open at 1.4600 still
  • #31,587
  • Sep 18, 2008 1:34am Sep 18, 2008 1:34am
Quoting efgsrl
I'm on board if 4430 breaks
surely you must mean this...been calling it all week!

Attached Image (click to enlarge)
Click to Enlarge Name: current.gif Size: 35 KB

jump on buddy
Different opinions highly valued, ignorant to slander.
  • #31,588
  • Sep 18, 2008 1:35am Sep 18, 2008 1:35am
if it breaks 4450 next target will be somewhere arround 1,467
  • #31,589
  • Sep 18, 2008 1:35am Sep 18, 2008 1:35am
Quoting MackS10
Hopefully we can break 1.4410 as it would open doors to 1.45-1.46
The descending/downtrend channel on 4hr timeframe is beying broken right now as i type. Lets see if we get 4hr close above the descending UTL This will open the path north.
  • #31,590
  • Sep 18, 2008 1:35am Sep 18, 2008 1:35am
Quoting efgsrl
Mannn entered long on break back above/retest as res that lower TL on M15 but did not put a proper S/L and as a result, stopped out. And my TP was just hit!


On to the next...

Trade well all


Edit: Upper TL just hit on that same channel M15

And that UTL broke/retested as support.
  • #31,591
  • Sep 18, 2008 1:37am Sep 18, 2008 1:37am
so far I've had a great day today. I'm a little reluctant to jump in now after just taking profits even though it is now making some new highs. I'm going to stay out for awhile.
  • #31,592
  • Sep 18, 2008 1:39am Sep 18, 2008 1:39am
If we get to 4450, it's a wild ride, there must be a huge amount of stops above that point. And now there should be enough demand for really fast ride up.
  • #31,593
  • Sep 18, 2008 1:39am Sep 18, 2008 1:39am
Quoting psiholog
surely you must mean this...been calling it all week!

Attachment
jump on buddy

Very nice....just gave it a peck on the cheek
  • #31,594
  • Sep 18, 2008 1:43am Sep 18, 2008 1:43am
Quoting efgsrl
Very nice....just gave it a peck on the cheek
thanks...based on my indicators...at least a retest of this weeks high is in order....btw....CHECK OUT WEEKLY CANDLE....clearly this is bull territory from now on
Different opinions highly valued, ignorant to slander.
  • #31,595
  • Sep 18, 2008 1:44am Sep 18, 2008 1:44am
Psihology

You catching that UTL around 1,4445 on H4? Could be strong res?
  • #31,596
  • Sep 18, 2008 1:46am Sep 18, 2008 1:46am
Quoting efgsrl
Psihology

You catching that UTL around 1,4445 on H4? Could be strong res?
looks more like a spike to me...that doji at 1.4420 seems like a strong resistance to me
hence the neckline right there lol
Different opinions highly valued, ignorant to slander.
  • #31,597
  • Sep 18, 2008 1:48am Sep 18, 2008 1:48am
Quoting psiholog
thanks...based on my indicators...at least a retest of this weeks high is in order....btw....CHECK OUT WEEKLY CANDLE....clearly this is bull territory from now on

See that. We do have a pair of long wicks that crossed that LTL but big rejection....last weeks just about touched the 50% fib retrace of long-term bull trend.
  • #31,598
  • Sep 18, 2008 1:51am Sep 18, 2008 1:51am
Quoting psiholog
looks more like a spike to me...that doji at 1.4420 seems like a strong resistance to me
hence the neckline right there lol
Didn't see that at last look...
  • #31,599
  • Sep 18, 2008 1:51am Sep 18, 2008 1:51am
Quoting belekas
The descending/downtrend channel on 4hr timeframe is beying broken right now as i type. Lets see if we get 4hr close above the descending UTL This will open the path north.
4H close could send it higher and keep its momemtum north.
  • #31,600
  • Sep 18, 2008 1:57am Sep 18, 2008 1:57am
Quoting MackS10
4H close could send it higher and keep its momemtum north.
Price still below the UTL. Patience
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