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  • #33,741
  • Sep 24, 2008 11:36am Sep 24, 2008 11:36am
Quoting mogenius76
What does H&S mean?
Head and Shoulder

one of the formations that you see on charts.
  • #33,742
  • Sep 24, 2008 11:38am Sep 24, 2008 11:38am
Quoting mogenius76
What does H&S mean?
Attached Image


Maarten
  • #33,743
  • Sep 24, 2008 11:40am Sep 24, 2008 11:40am
Quoting psiholog
sure it is...in case of a breakout...and this pair is dying to do so...breakout..ill even take a falsie to tap my take profit at 1.4620
of course you can play breakouts.... but my advice is to buy at supports and sell at resistances... better if you want to have your account for more time
  • #33,744
  • Sep 24, 2008 11:41am Sep 24, 2008 11:41am
Quoting emda
yes let's talk about EURUSD
many people are calling down... but I only see a big support at 1.4650... selling at a big support is not a good idea... in general
This birds cooked.
  • #33,745
  • Sep 24, 2008 11:42am Sep 24, 2008 11:42am
Quoting emda
of course you can play breakouts.... but my advise is to buy at supports and sell at resistances... better if you want to have your account for more time
to each his own...depends on strategy...breakouts are my specialty if youve followed my posts and guess what..im still around after a year in my young life
Different opinions highly valued, ignorant to slander.
  • #33,746
  • Sep 24, 2008 11:42am Sep 24, 2008 11:42am
Quoting Maarten999
Attachment

Maarten
thank you. I thought it was a kind of shampoo
  • #33,747
  • Sep 24, 2008 11:45am Sep 24, 2008 11:45am
Live feed from Paulson & Bernanke testimony to those interested

http://www.cnbc.com/id/24596546
  • #33,748
  • Sep 24, 2008 11:45am Sep 24, 2008 11:45am
Quoting psiholog
to each his own...depends on strategy...breakouts are my specialty if youve followed my posts and guess what..im still around after a year in my young life
have you entered long in the breakout of the triangle up line before? it has reversed as a false breakout. this happens many times
  • #33,749
  • Sep 24, 2008 11:46am Sep 24, 2008 11:46am
Quoting emda
thank you. I thought it was a kind of shampoo
it is...
  • #33,750
  • Sep 24, 2008 11:53am Sep 24, 2008 11:53am
Quoting emda
thank you. I thought it was a kind of shampoo
http://www.pharmacy2u.co.uk/images/c...rsDryScalp.jpg

lol
  • #33,751
  • Sep 24, 2008 11:55am Sep 24, 2008 11:55am
Quoting emda
have you entered long in the breakout of the triangle up line before? it has reversed as a false breakout. this happens many times
all breakouts are usually followed by retests of the breakout wall. triangles are my favorite. I know very well where to put my stop loss/take profit in case of a false breakout. This is the best example i can give you

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Different opinions highly valued, ignorant to slander.
  • #33,752
  • Sep 24, 2008 11:55am Sep 24, 2008 11:55am
Does Anyone Know The View Of Bernanke On The Economy?
  • #33,753
  • Sep 24, 2008 11:56am Sep 24, 2008 11:56am
Quoting mikkom
Live feed from Paulson & Bernanke testimony to those interested

http://www.cnbc.com/id/24596546
SWEET! Thanks for that link! I always needed to watch at their latest video's (at their website). Not anymore! Thank you very much!

Maarten

EDIT: Are you sure this is live from CNBC usa? Still watching bernanke from a couple of hours ago? Weird!
  • #33,754
  • Sep 24, 2008 11:56am Sep 24, 2008 11:56am
4645 seem to be very strong,is there any support line there anyone?
  • #33,755
  • Sep 24, 2008 12:00pm Sep 24, 2008 12:00pm
Quoting psiholog
from a fundamental perspective i think the dollar will get stronger.
From a fundamental perspective? Wow... from a fundamental perspective the EUR/USD should be at 2.0000 (yes, two comma zero).

The Gov't will have two options to pay the interest on this debt... Raise taxes to the roof... Or... Pay it back with cheaper dollars... Guess, which one will be picked?
  • #33,756
  • Sep 24, 2008 12:01pm Sep 24, 2008 12:01pm
Quoting emmyi29
Does Anyone Know The View Of Bernanke On The Economy?
He thinks its Lois Lane and He's Superman.. If you look close at him right now, you can spot the S under his shirt.
USD Est Non Mortuus
  • #33,757
  • Sep 24, 2008 12:04pm Sep 24, 2008 12:04pm
Quoting Xaron
From a fundamental perspective? Wow... from a fundamental perspective the EUR/USD should be at 2.0000 (yes, two comma zero).

The Gov't will have two options to pay the interest on this debt... Raise taxes to the roof... Or... Pay it back with cheaper dollars... Guess, which one will be picked?
Ever think the zone may well have it's own issues? Give it a couple of months and repost this. It is at this price for a reason or or are you the only one that see's this. I get a kick out of these posts.
  • #33,758
  • Sep 24, 2008 12:08pm Sep 24, 2008 12:08pm
Quoting homestudy
Ever think the zone may well have it's own issues? Give it a couple of months and repost this. It is at this price for a reason or or are you the only one that see's this. I get a kick out of these posts.
The zone doesn't do so well but far not that worse than the US. It's not the economy there it's just the government and the FED. Poor taxpayers there...

So what I mean: It's not the EUR that should be so strong but the USD that will be weaken. And it will. It have to. There is no other way. They can't intervene forever...

Tell me another way how the debts could be payed? Mhh? The just print more dollars... What effect will that have?

I don't tell about any noisy random 5m charts here, I mean the longer term stuff...
  • #33,759
  • Sep 24, 2008 12:09pm Sep 24, 2008 12:09pm
Quoting kasper
anyone think the H&S on the 1H will actually complete?
An H$S and other reversal pattern are valued only at the very top or bottom of waves, this one I don’t see as valued.

I’M NOT TALKING ABOUT THE SHAMPOO !!!

That doesn’t mean that PA could not break the actual range, only thing that makes me more and more thinking of taking a long is that as longer as PA is sitting on a support as better the chance that it will bounce back from it.
  • #33,760
  • Sep 24, 2008 12:15pm Sep 24, 2008 12:15pm
im inclined to believe we will see at least a short bear rally here. the triangle which has ever been shrinking for the past 24 hours falsely broke up then falsely broke down and now it did break out again and lower wall looks like its acting as support on retest...to be seen
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not support...resistance...oops
Different opinions highly valued, ignorant to slander.
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