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  • #31,781
  • Sep 18, 2008 11:08am Sep 18, 2008 11:08am
Quoting kamala
sooner or later
That is a nice one but describes the situation perfectly.

This up and down makes me seasick
  • #31,782
  • Sep 18, 2008 11:13am Sep 18, 2008 11:13am
Quoting Jmx
Hi All,

Can double confirm with you guys.... I saw a inverted H&S on 4 hrs and daily chart. Can someone confirm it??

Regards
yea but if 1.4345 gets broken we may see a return to 1.4000 minus before the market closes tommorow....
Different opinions highly valued, ignorant to slander.
  • #31,783
  • Sep 18, 2008 11:16am Sep 18, 2008 11:16am
Quoting psiholog
yea but if 1.4345 gets broken we may see a return to 1.4000 minus before the market closes tommorow....
that would be awesome!
  • #31,784
  • Sep 18, 2008 11:17am Sep 18, 2008 11:17am
Quoting Jmx
Hi All,

Can double confirm with you guys.... I saw a inverted H&S on 4 hrs and daily chart. Can someone confirm it??

Regards
Looks some kind of urgly, wouldn't trade that
  • #31,785
  • Sep 18, 2008 11:18am Sep 18, 2008 11:18am
Quoting cobraforex
That is a nice one but describes the situation perfectly.

This up and down makes me seasick
Waiting for any possible short again and watching gold to come below 868.60$ at least ,now 872+$ coming down .........
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #31,786
  • Sep 18, 2008 11:18am Sep 18, 2008 11:18am
it could also be this....an ascending triangle which would indicate an even bigger drop....but maybe in a week or so...
Attached Image (click to enlarge)
Click to Enlarge Name: current.gif Size: 32 KB
Different opinions highly valued, ignorant to slander.
  • #31,787
  • Sep 18, 2008 11:19am Sep 18, 2008 11:19am
Quoting psiholog
yea but if 1.4345 gets broken we may see a return to 1.4000 minus before the market closes tommorow....
Hi Psiholog,

Thanks for the reply.

BTW why 1.4345 and how to draw the actual necklines cos I am still learning....

Regards
  • #31,788
  • Sep 18, 2008 11:20am Sep 18, 2008 11:20am
Quoting Jmx
Hi Psiholog,

Thanks for the reply.

BTW why 1.4345 and how to draw the actual necklines cos I am still learning....

Regards
check one of my posts earlier in the day...i had it when the neckline was broken....too tired to redraw everything now
Different opinions highly valued, ignorant to slander.
  • #31,789
  • Sep 18, 2008 11:21am Sep 18, 2008 11:21am
Quoting psiholog
feds add another 50billion dollars ...comon bull rally

3rd add today. Wonder who wants that money? I'm trying to figure that out when looking at supply and demand.

Notice where 13-week treasury bills are at.

Where are the CB's, putting that sweet spot?
Redefining Reality
  • #31,790
  • Sep 18, 2008 11:23am Sep 18, 2008 11:23am
ok i am kinda dead now.i am shorts and in red.jumped in a little too early.should have been sitting on my hands....................................hope this goes down
  • #31,791
  • Sep 18, 2008 11:24am Sep 18, 2008 11:24am
Quoting fontu
Waiting for any possible short again and watching gold to come below 868.60$ at least ,now 872+$ coming down .........
I see this actually with mixed feelings, I wouldn't take a trade at this moment, could be that there is no bear show.
  • #31,792
  • Sep 18, 2008 11:26am Sep 18, 2008 11:26am
Quoting kamala
sooner or later
Dancing around the 38.2 Fib.



Sell stop @ 1.433

Buy Stop @ 1.442 (did not respect R1)

Maybe scalp in the meanwhile using RSI.
Attached Image
  • #31,793
  • Sep 18, 2008 11:27am Sep 18, 2008 11:27am
Quoting piptechnician
3rd add today. Wonder who wants that money? I'm trying to figure that out when looking at supply and demand.

Notice where 13-week treasury bills are at.

Where are the CB's, putting that sweet spot?
im not big on fundies but think about this...trillions of dollars gone...wasted..dissapeared..lost...this created a shortage which inflated the dollar for that reason only...not fundamentals not oil not technicals not the election...just the fact trillions were lost...now with this financial mess, AIG, and so on...adding more money somewhat eases pressures which in turn makes the world safer in realizing the true crisis this country is in...and maybe fundamentals (news,etc) will make the value of the dollar return to what its worth....wiping a certain something when your out of toilet paper
Different opinions highly valued, ignorant to slander.
  • #31,794
  • Edited 11:34am Sep 18, 2008 11:31am | Edited 11:34am
Quoting psiholog
im not big on fundies but think about this...trillions of dollars gone...wasted..dissapeared..lost...this created a shortage which inflated the dollar for that reason only...not fundamentals not oil not technicals not the election...just the fact trillions were lost...now with this financial mess, AIG, and so on...adding more money somewhat eases pressures which in turn makes the world safer in realizing the true crisis this country is in...and maybe fundamentals (news,etc) will make the value of the dollar return to what its worth....wiping a certain something when your out of toilet paper

One of the things that has always bothered me is that through regulations accounts tied to retirement, or essentilly the pooled resources of the average person could not make short sales in the stock market. But big power players could make money riding the stock market down. Many looked at this as lost money, is it lost money or is it just moved from the many to the few?

I made more shorting stocks than I ever did trying to figure out what would gain value.
Redefining Reality
  • #31,795
  • Sep 18, 2008 11:36am Sep 18, 2008 11:36am
Quoting psiholog
it could also be this....an ascending triangle which would indicate an even bigger drop....but maybe in a week or so...
Attachment
Ascending triangles are supposed to be bullish,especially in an uptrend.In a downtrend they can be confused for a bearish wedge.Which will play out time will tell
  • #31,796
  • Sep 18, 2008 11:37am Sep 18, 2008 11:37am
Quoting piptechnician
One of the things that has always bothered me is that through regulations accounts tied to retirement, or essentilly the pooled resources of the average person could not be shorted in the stock market. But big power players could make money riding the stock market down. Many looked at this as lost money, is it lost money or is it just moved from the many to the few?

I made more shorting stocks than I ever did trying to figure out what would gain value.
how did that saying go? it is three times as hard to go up then to come down..something like that
anyways the big power players are buffet/soros wannabes...they want "blood on the streets" only they must spill it first...a few years to go up..then a few weeks to take it all down....a neverending cycle taught by the best in the bussiness who take advantage of the concept its alot easier to destroy then create
Different opinions highly valued, ignorant to slander.
  • #31,797
  • Sep 18, 2008 11:41am Sep 18, 2008 11:41am
Gold is trying to reach 900 USD......we can hear a huge explosion soon when EUR is shot sky high
They think they are smarter than I am.
  • #31,798
  • Sep 18, 2008 11:47am Sep 18, 2008 11:47am
Quoting Z3iz3i
Gold is trying to reach 900 USD......we can hear a huge explosion soon when EUR is shot sky high
almost 900 huh?...so much for that guy and his astrological nonsense
Different opinions highly valued, ignorant to slander.
  • #31,799
  • Sep 18, 2008 11:48am Sep 18, 2008 11:48am
damnit damnit damnit... just got stopped out again. I think I'm done... going live was not a good idea
  • #31,800
  • Sep 18, 2008 11:50am Sep 18, 2008 11:50am
Wonder if EUR stays above 1.4400 and could go long then....
They think they are smarter than I am.
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