Dislikedall im saying is the last hour of the stock market is crucial to see where we go next....this was seen thursday with the monster bull rally...it was seen friday with the massive drop from the high to the lows..it was seen yesterday with the drop from the highs to the lows...all in the last hour....17minutes until the last hour now so its crucial what happens there...especially since we are so close to the lowest levels and a close below 8000 for the dow...game over euroIgnored
- #46,021
- Nov 18, 2008 11:49am Nov 18, 2008 11:49am
- Joined Oct 2008 | Status: Let the market come to you | 2,670 Posts
- #46,022
- Nov 18, 2008 11:50am Nov 18, 2008 11:50am
- Joined Oct 2008 | Status: Let the market come to you | 2,670 Posts
what's this "we"...??
- #46,023
- Nov 18, 2008 11:56am Nov 18, 2008 11:56am
- Joined Aug 2007 | Status: TARFU... | 7,015 Posts
Just got back from errands and slobberin over the iMacs at best but...
anyway, my new trade strategy is... hang a'rd until price goes towards the top of my screen, more or less stays there for the time it takes to drink a couple cups of coffee, hit sell on my 3 pairs, and then leave for a few hours or so...
go to costco and check out the lunch samples, wash it down with juice samples, slobber and drool at best but, stop at starbucks where my opinion and 4 $USD will get me a cup of fair trade, and then come home and cash in the pips...
I need to adjust the sticky note on my screen that says "SELL" to include a TF, maybe wiith a little timer thing that dings...
anyway, my new trade strategy is... hang a'rd until price goes towards the top of my screen, more or less stays there for the time it takes to drink a couple cups of coffee, hit sell on my 3 pairs, and then leave for a few hours or so...
go to costco and check out the lunch samples, wash it down with juice samples, slobber and drool at best but, stop at starbucks where my opinion and 4 $USD will get me a cup of fair trade, and then come home and cash in the pips...
I need to adjust the sticky note on my screen that says "SELL" to include a TF, maybe wiith a little timer thing that dings...
FUBAR...
- #46,026
- Nov 18, 2008 12:15pm Nov 18, 2008 12:15pm
ak4X --
- "We" -- Especially as used in the context of the trading venue --
- Lends credence to one's pronouncements, e.g., a kid, living in his mom's basement trading "micro" lots (whatever those are) with a refurbished Osborne, would use "WE" as opposed to "I" to inflate his sense of self importance.
- Dilutes the "wrongness" of one's actions, e.g., "We were incorrect in our assumption that the Eur/Usd was highly correlated with the movement of the DIA, as opposed to "I was wrong…"
- Elevates one's stature with the average participant in a chatroom. "Well, I think you'd better listen to what XXX is saying. After all, he runs a small hedge fund and has numerous people working for him, I mean, didn't you hear what he just said? That he and his staff just finished a significant analysis of the Eur/Usd and its reason for being so range bound today?" "I mean who else would he be referring to when he says "We"?
- Allows one to transfer blame for analysis/trade gone bad to others e.g., "We lost money on that last trade because one of our people provided us with the wrong variables for that last transaction."
AND, yes, WE be bored
- #46,027
- Nov 18, 2008 12:20pm Nov 18, 2008 12:20pm
- Joined Aug 2008 | Status: Self-proclaimed psychologist | 3,179 Posts
Different opinions highly valued, ignorant to slander.
- #46,028
- Nov 18, 2008 12:22pm Nov 18, 2008 12:22pm
- Joined Mar 2006 | Status: Trade the reaction not the news! | 10,361 Posts
- #46,029
- Nov 18, 2008 12:23pm Nov 18, 2008 12:23pm
- Joined Oct 2008 | Status: Let the market come to you | 2,670 Posts
its really dangerous territory to do anything
- #46,030
- Nov 18, 2008 12:24pm Nov 18, 2008 12:24pm
- Joined Aug 2008 | Status: Self-proclaimed psychologist | 3,179 Posts
from a technical standpoint...that downwards channel was broken and retested...break holds...so things are looking up for the moment...lets see if it can last
Different opinions highly valued, ignorant to slander.
- #46,032
- Nov 18, 2008 12:28pm Nov 18, 2008 12:28pm
- Joined Oct 2008 | Status: Let the market come to you | 2,670 Posts
Looks pretty corelated last couple of months to me:
- #46,034
- Nov 18, 2008 12:29pm Nov 18, 2008 12:29pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,555 Posts
- #46,035
- Nov 18, 2008 12:46pm Nov 18, 2008 12:46pm
- Joined Aug 2008 | Status: Self-proclaimed psychologist | 3,179 Posts
am i the only euro bull in this thread?...i still think well see 1.3000 before the week ends
Different opinions highly valued, ignorant to slander.
- #46,036
- Nov 18, 2008 12:48pm Nov 18, 2008 12:48pm
- Joined Aug 2008 | Status: Sharpen the Scalper Razor | 4,704 Posts
am i the only euro bull in this thread?...i still think well see 1.3000 before the week ends
I'm too but don't know for how long
- #46,037
- Nov 18, 2008 12:48pm Nov 18, 2008 12:48pm
- Joined Aug 2008 | Status: Self-proclaimed psychologist | 3,179 Posts
Algirdas is with you
Edit:ah i just read your stand...gotcha...yea this market is hard to "predict" even for this "predictor" haha
Different opinions highly valued, ignorant to slander.
- #46,038
- Nov 18, 2008 12:58pm Nov 18, 2008 12:58pm
- Joined Aug 2008 | Status: Sharpen the Scalper Razor | 4,704 Posts
and you cobra...where do you stand?
Edit:ah i just read your stand...gotcha...yea this market is hard to "predict" even for this "predictor" haha
- #46,040
- Nov 18, 2008 1:01pm Nov 18, 2008 1:01pm
- | Joined Jul 2008 | Status: Trader | 1,722 Posts
Up or down, gimme a ticket