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  • #45,021
  • Nov 12, 2008 4:01pm Nov 12, 2008 4:01pm
gov has to use all bio/hydro (?) fuels in gov vehicles. this will help force the rest of us eventually. we difinatley need to get off oil.. no foriegn oil no need to fight them.. we save on wars trillions. oil is too valuable to burn its better to make stuff with it. our money stays home and the crazies can drink their oil and eat their sand. brazil has all the oil they need but yet export it. they use biofuels from sugarcane. sugarcane is 5 times more cost effective to make.
those who can, do. those who cant, talk about those who can
  • #45,022
  • Nov 12, 2008 4:08pm Nov 12, 2008 4:08pm
at its low may be time to buy
those who can, do. those who cant, talk about those who can
  • #45,023
  • Nov 12, 2008 4:08pm Nov 12, 2008 4:08pm
Quoting gatorinla
gov has to use all bio/hydro (?) fuels in gov vehicles. this will help force the rest of us eventually. we difinatley need to get off oil.. no foriegn oil no need to fight them.. we save on wars trillions. oil is too valuable to burn its better to make stuff with it. our money stays home and the crazies can drink their oil and eat their sand. brazil has all the oil they need but yet export it. they use biofuels from sugarcane. sugarcane is 5 times more cost effective to make.
agreed
  • #45,024
  • Nov 12, 2008 4:11pm Nov 12, 2008 4:11pm
Quoting gatorinla
gov has to use all bio/hydro (?) fuels in gov vehicles. this will help force the rest of us eventually. we difinatley need to get off oil.. no foriegn oil no need to fight them.. we save on wars trillions. oil is too valuable to burn its better to make stuff with it. our money stays home and the crazies can drink their oil and eat their sand. brazil has all the oil they need but yet export it. they use biofuels from sugarcane. sugarcane is 5 times more cost effective to make.
where you hear gov vehicles to be alternate fuel?

closed aud long +6 measily pips...maybe sun is right
  • #45,025
  • Nov 12, 2008 4:11pm Nov 12, 2008 4:11pm
Quoting TIckerShuffl
Who's they?

Some things remain the same, that's for sure...*cough* douchebag *cough*
"They" is how some, not me, refer to the money center banks, hedge funds, trading houses, whomever. I do not worry about "they". I leave that to the conspiracy types. You know.... YOU.

Remember as "they" (that word again) say "Just because you're paranoid doesn't mean they aren't out to get you".






BTW my previous post about "they" was to do with a discussion by others a couple of hours ago when you weren't here so no I was referring to anything you posted - this time.
  • #45,026
  • Nov 12, 2008 4:12pm Nov 12, 2008 4:12pm
Quoting unicorn7411
your bet is that the triple bottom will hold (hourly chart).

if my assessment is correct, i.e. than an ABC correction of yesterday's drop is under way, you are looking to 1.2600 ~ 1.2630

good luck.

Trail the profit. Wild wave C ahead.

ps. 15 min chart ADX(12) is against the trade.


cheers
Boy you called that one!
Its a very wild wave C.
  • #45,027
  • Nov 12, 2008 4:13pm Nov 12, 2008 4:13pm
Quoting gatorinla
at its low may be time to buy
I'm not touching forex for more than 10 minutes at a time these days.

anything can happen and I feel more comfortable taking 5-20 pip scalps than anything else.

good luck to all!! You shorts are cleaning up!!
  • #45,028
  • Nov 12, 2008 4:14pm Nov 12, 2008 4:14pm
Quoting SunTrader
"They" is how some, not me, refer to the money center banks, hedge funds, trading houses, whomever. I do not worry about "they". I leave that to the conspiracy types. You know.... YOU.

Remember as "they" (that word again) say "Just because you're paranoid doesn't mean they aren't out to get you".






BTW my previous post about "they" was to do with a discussion by others a couple of hours ago when you weren't here so no I was referring to anything you posted - this time.
LOL okay...all is fair!! Don't go changing!!
  • #45,029
  • Nov 12, 2008 4:15pm Nov 12, 2008 4:15pm
See psi, what did I tell you - before 5, buy to get the roll. Right after 5, pocket the roll and sell...at least it sounds good if not completely correct.
  • #45,030
  • Nov 12, 2008 4:16pm Nov 12, 2008 4:16pm
Just watching the BBC 10pm news (main news broadcast)

They are discussing the BOE news today with King saying that interest rates will be going towards 2% in the UK before the end of the year, perhaps even lower to match the US.

Unemployment is up and will raise further.

Inflation will become "deflation" in 2009.

So all in it's going to be a sobering 2009 in the UK, bringing everything down over here.

This can only put the EURO in bad strength and it is likely to follow.

It is becoming more and more a case of will the $ get stronger or will other currencies simply get weaker?
  • #45,031
  • Nov 12, 2008 4:17pm Nov 12, 2008 4:17pm
Quoting psiholog
of course this is pure speculation so i intend to keep this position with its 40pip stop loss for some time...possibly weeks...well half of it anyways scaled out the other half at 1.2500 just in case it has become strong resistance
well, it appears that the spot market waited for Globex to go offline (22:00 GMT to 23:00) GMT
and BBBBAAAAAAAAMMMMMMMMMMMMMMMMM..

going going gone......

what the next support guys???
  • #45,032
  • Nov 12, 2008 4:21pm Nov 12, 2008 4:21pm
Quoting TIckerShuffl
5-20 pip scalps
This is the way to go during volatility - in and out.
  • #45,033
  • Nov 12, 2008 4:23pm Nov 12, 2008 4:23pm
ok im long for the short term 1.2461. support should be around 1.2425ish i think my info is a day or so old...my sl 1.2395 just in case. tp is 1.2550 but im fluid in my trades and will adjust as needed. hmm im down pretty good now. when forex market closes (roleover) at least my broker. i notice if i have a strong 720 minute (12 hr) trend tends to move 10-40 pips at roleover. rolever just happend and this may account for my lower move. any way since buying im down.. hopefully this is ping pong support and will put me on the other side of net..does anyone else notice this during rolover?
those who can, do. those who cant, talk about those who can
  • #45,034
  • Nov 12, 2008 4:24pm Nov 12, 2008 4:24pm
Quoting unicorn7411
well, it appears that the spot market waited for Globex to go offline (22:00 GMT to 23:00) GMT
and BBBBAAAAAAAAMMMMMMMMMMMMMMMMM..

going going gone......

what the next support guys???
no regrets if i do get stopped out..its virtually no loss because i closed half..no profit though. anyways...we are at the last support before the low..1.2450 looking back to price action back a few weeks ago...
Different opinions highly valued, ignorant to slander.
  • #45,035
  • Nov 12, 2008 4:25pm Nov 12, 2008 4:25pm
Quoting unicorn7411
well, it appears that the spot market waited for Globex to go offline (22:00 GMT to 23:00) GMT
and BBBBAAAAAAAAMMMMMMMMMMMMMMMMM..

going going gone......

what the next support guys???
ok, let me add this:

ES has dropped 10 points form 853 at 16:15 to 843 at 17:23

whoever was supporting the eurusd during NYSE hours is letting it hang out after hours. I guess he is tired.
  • #45,036
  • Nov 12, 2008 4:25pm Nov 12, 2008 4:25pm
I made some more $$ shorting again but damn, they really like to take their cut this time of day!
  • #45,037
  • Nov 12, 2008 4:26pm Nov 12, 2008 4:26pm
Quoting unicorn7411
what the next support guys???
I think really one could come up with all kinds of fib levels or what not but the late '05 swing low 1.1638 seems the most realistic IF the down trend continues and right now there doesn't seem to be any reason why it won't.
  • #45,038
  • Nov 12, 2008 4:27pm Nov 12, 2008 4:27pm
Quoting TIckerShuffl
where you hear gov vehicles to be alternate fuel?

closed aud long +6 measily pips...maybe sun is right
didnt hear it. just my opinion that they should. the tech is there.. just do it. just doing that will ease it 4 the rest of us
those who can, do. those who cant, talk about those who can
  • #45,039
  • Nov 12, 2008 4:28pm Nov 12, 2008 4:28pm
when does the asian session opens?
  • #45,040
  • Nov 12, 2008 4:31pm Nov 12, 2008 4:31pm
Quoting unicorn7411
ok, let me add this:

ES has dropped 10 points form 853 at 16:15 to 843 at 17:23

whoever was supporting the eurusd during NYSE hours is letting it hang out after hours. I guess he is tired.
And multi year low is 825 so it can reach and break that with one big bear sneeze.
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