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  • #32,581
  • Sep 21, 2008 10:19pm Sep 21, 2008 10:19pm
Quoting Donyouth4eva
So what's everyones views for eu tonight?
Might test 4600 as early as tonight
Not all sins are created equal
  • #32,582
  • Sep 21, 2008 10:23pm Sep 21, 2008 10:23pm
Quoting SpecialEd
Falling back a bit now... Catching its breath
just trying to reinforce 1.4541 as a support...that value needs to be carefully watched
Different opinions highly valued, ignorant to slander.
  • #32,583
  • Sep 21, 2008 10:31pm Sep 21, 2008 10:31pm
this should be an easy ride to 1.4600 now...possible temporary resistance at 1.4570 or so....
Different opinions highly valued, ignorant to slander.
  • #32,584
  • Sep 21, 2008 10:37pm Sep 21, 2008 10:37pm
Quoting Jay Walker
Might test 4600 as early as tonight
I actually placed a sell stop there with a 25 pip trail
  • #32,585
  • Sep 21, 2008 10:39pm Sep 21, 2008 10:39pm
Quoting Donyouth4eva
I actually placed a sell stop there with a 25 pip trail
Been in the same long since the 11th @ 4211. Now you know why I'd like to see 4600
Not all sins are created equal
  • #32,586
  • Sep 21, 2008 10:39pm Sep 21, 2008 10:39pm
Quoting Donyouth4eva
I actually placed a sell stop there with a 25 pip trail
i'm thinking the same... might be a little risky though don't you think?
  • #32,587
  • Sep 21, 2008 10:43pm Sep 21, 2008 10:43pm
Quoting kstorm88
i'm thinking the same... might be a little risky though don't you think?
Got a 30 pip stop on it. I don't think there is much more room to go up till london. I highly doubt it will touch .47 tonight.
  • #32,588
  • Sep 21, 2008 10:48pm Sep 21, 2008 10:48pm
Hi Guys ,

I am short at 1.4537 and in red now.
I did based on stochastic . it is oversold. On what basis you guys are looking for long? please guide me I am learning it.
  • #32,589
  • Sep 21, 2008 10:49pm Sep 21, 2008 10:49pm
Quoting 786 trading
Hi Guys ,

I am short at 1.4537 and in red now.
I did based on stochastic . it is oversold. On what basis you guys are looking for long? please guide me I am learning it.
What time frame are you using?
Not all sins are created equal
  • #32,590
  • Sep 21, 2008 10:52pm Sep 21, 2008 10:52pm
1 Hr for trend but mainly 15 min and 5 min.
  • #32,591
  • Sep 21, 2008 10:55pm Sep 21, 2008 10:55pm
Quoting Donyouth4eva
I actually placed a sell stop there with a 25 pip trail
You mean a Sell Limit, right?
Up or down, gimme a ticket
  • #32,592
  • Sep 21, 2008 10:56pm Sep 21, 2008 10:56pm
Quoting 786 trading
1 Hr for trend but mainly 15 min and 5 min.
My first suggestion would be to stick to larger time frames.

To answer your question. If you're looking at a short term trade (I mean by that getting out of your trade in 24 hours or less), you trade might be right but you'll have to sit back and wait.

Set up your S/L and T/P and let it ride.
Not all sins are created equal
  • #32,593
  • Sep 21, 2008 10:57pm Sep 21, 2008 10:57pm
Quoting Jay Walker
My first suggestion would be to stick to larger time frames.

To answer your question. If you're looking at a short term trade (I mean by that getting out of your trade in 24 hours or less), you trade might be right but you'll have to sit back and wait.

Set up your S/L and T/P and let it ride.
what happens if we're poor and cant let it ride >.<
  • #32,594
  • Sep 21, 2008 10:58pm Sep 21, 2008 10:58pm
Quoting ballblazer_!
what happens if we're poor and cant let it ride >.<


Sorry couldn't resist. It's the times.
Up or down, gimme a ticket
  • #32,595
  • Sep 21, 2008 10:59pm Sep 21, 2008 10:59pm
Quoting ballblazer_!
what happens if we're poor and cant let it ride >.<
if you're poor you really shouldn't be trading, to be completely honest with you. it's more like gambling when you lose money you actually need.
  • #32,596
  • Sep 21, 2008 11:00pm Sep 21, 2008 11:00pm
Quoting ballblazer_!
what happens if we're poor and cant let it ride >.<
LOL

Sell a kidney
Not all sins are created equal
  • #32,597
  • Sep 21, 2008 11:00pm Sep 21, 2008 11:00pm
Quoting ballblazer_!
what happens if we're poor and cant let it ride >.<
then you'll just have to stick to shorter TFs i guess.As u cannot afford to lose..otherwise,if i were i you,I'll wait for the market to calm down a wait for a breakout.
  • #32,598
  • Sep 21, 2008 11:10pm Sep 21, 2008 11:10pm
Quoting zeus_ares86
then you'll just have to stick to shorter TFs i guess.As u cannot afford to lose..otherwise,if i were i you,I'll wait for the market to calm down a wait for a breakout.
lol yea im down 30 pips right now but im pretty sure this things going up so im going to wait a bit more
  • #32,599
  • Sep 21, 2008 11:15pm Sep 21, 2008 11:15pm
Bearish divergence.
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  • #32,600
  • Edited 11:55pm Sep 21, 2008 11:17pm | Edited 11:55pm
Hey there Jaywalker, been wondering where you were... what's with Canada? I mean, even they call their money looney. I have a jar full of them from when they were lots cheaper. And hey, on another note, my stupidity tolerance (other than my own of course) is decreasing daily as well, so save me a seat.

In light of recent events, I've been living on my 2-6m charts with the 20m being my "long term" and the 2hr sort of replacing the daily.

I finally got around to perusing some of the other ones and saw this on the 1 hr. It's more dramatic on the 2 hr but lacks the context. Consider it fodder to ponder. You may get close to your 4600 but at this point...

In each of the 2 previous TL hits, it surged up and fell back rather quickly to the tune of 50 pips or so... I've got sell limits ar'd that 4570 level, so that's my bias for the evening.

Since it didn't drop sooner as i'd hoped, later works just as as well... mo pips, mo betta. That's southern. Sort of.
Attached Image
FUBAR...
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