lol , well I shorted @ 2850. lets see if he is really catholic, you never know these days
I have not failed. I've just found 10,000 ways that won't work -
- #42,742
- Oct 30, 2008 9:34pm Oct 30, 2008 9:34pm
- Joined Jan 2008 | Status: HEY! WHA' HAPPENED? | 15,496 Posts
lol , well I shorted @ 2850. lets see if he is really catholic, you never know these days
Amen!
Not all sins are created equal
- #42,744
- Oct 30, 2008 9:36pm Oct 30, 2008 9:36pm
- Joined Jan 2008 | Status: HEY! WHA' HAPPENED? | 15,496 Posts
sorry 2823
Not all sins are created equal
- #42,745
- Oct 30, 2008 9:37pm Oct 30, 2008 9:37pm
- | Joined Nov 2007 | Status: Trader | 2,903 Posts
It might not break into real profits for a while so check out the slow stoch indicator on the 4 hour chart (or 3 if you're on Oanda), drink a gallon of holy water and hang on to your f@#cking hat
Amen!
- #42,746
- Oct 30, 2008 9:38pm Oct 30, 2008 9:38pm
- Joined Jan 2008 | Status: HEY! WHA' HAPPENED? | 15,496 Posts
Not all sins are created equal
- #42,747
- Oct 30, 2008 9:41pm Oct 30, 2008 9:41pm
- Joined Jan 2008 | Status: HEY! WHA' HAPPENED? | 15,496 Posts
yeah the 4 hour looks ready to roll over, but 4 hour is iffy..always seems to be in contradiction of other time frames. When they are all on the same page, that's a lock, but when there is variances, that's not so encouraging.
That being said, charts have all one thing in common. They are a rearview mirror showing where we've been but not a windshield.
What's even trickier is that brokers are closing tomorrow so who knows what will happen on Sunday...
But as always, "It seems like a good idea (at the time)"...
Not all sins are created equal
I read your posts on the gby/yen forum. Ialso have the 4x made easy software. mktjong gave you some good advice as far as following long term trends on our software. I do trade the gby/yen a lot, but it is very dangerous
when the market is this volatile. I,ve experienced some big losses with that pair in a matter of minutes!! As far as the H&S on the 180, I agree!!
left @ 2805 . did not go as planned ....at All!
I have not failed. I've just found 10,000 ways that won't work -
- #42,752
- Oct 30, 2008 9:59pm Oct 30, 2008 9:59pm
- Joined Apr 2007 | Status: Trader | 2,303 Posts
H4 is closing below 1.2830.
Hum!
We may see after all a new drop!
I was waiting to see this H4 close above 1.2880.
1.2873 is a number to watch now!
Hum!
We may see after all a new drop!
I was waiting to see this H4 close above 1.2880.
1.2873 is a number to watch now!
- #42,754
- Oct 30, 2008 10:01pm Oct 30, 2008 10:01pm
- Joined Aug 2008 | Status: Self-proclaimed psychologist | 3,179 Posts
Different opinions highly valued, ignorant to slander.
- #42,756
- Oct 30, 2008 10:05pm Oct 30, 2008 10:05pm
- Joined Aug 2008 | Status: Self-proclaimed psychologist | 3,179 Posts
as far as the h&s i saw on the 1h chart...someone asked where is neckline..the orange line displays it and the pivot is the shoulderline if this truly is h&s.
set patterns aside...we are currently in a downtrend channel very close to the upper wall...where we go from here...im baffled. if i was to trade today...i wouldnt do it before the rate decision is out..probably not at all as i would have shorted at 1.2990 on the way down and locked in 150pips
set patterns aside...we are currently in a downtrend channel very close to the upper wall...where we go from here...im baffled. if i was to trade today...i wouldnt do it before the rate decision is out..probably not at all as i would have shorted at 1.2990 on the way down and locked in 150pips
Different opinions highly valued, ignorant to slander.
- #42,758
- Oct 30, 2008 10:11pm Oct 30, 2008 10:11pm
- Joined Apr 2007 | Status: Trader | 3,055 Posts
your right. i took some time to think about that inverted h&s you see on the larger timeframe. it seems kind of iffy to me because if it truly is one...neckline would be at 1.3005 and look...we went up 300pips and came back to tap the shoulderline. drastic move for a h&s inverted or not. i guess only the japan rate cut will truly determine up coming action as there is a whole mix of conflicting ideas...stirring in my head now too. regardless i am out and have been out the whole week....good pippin all and driver55 you dont give yourself enough credit...your brilliant in forex
Dear psiholog
I trade for almost 20 years .. and are no longer in age not being with my feet on the ground.
However I always do what I write .. believe me
Edit : Thanks for the compliment
Edit 2:
I have my theory.
The movement from 1.60 was relatively violent ...
Meanwhile, all now see targets downward while being this true .. it will not be easy to maintain the open positions ..
It would not be the first time to throw all out making a move upward and then go down with equal violence
The best thing that can happen to you is to find out where you're wrong.