The dow drop 432 pts. This baby should be dropping like shit but it's not happening 
Cable Update (GBPUSD)
- #100,001
- Nov 20, 2008 1:08pm Nov 20, 2008 1:08pm
- | Membership Revoked | Joined Aug 2008 | 1,097 Posts
- #100,002
- Nov 20, 2008 1:09pm Nov 20, 2008 1:09pm
- Joined Jul 2007 | Status: C.E.O of BWR Investment firm | 4,736 Posts
just looking at these markets it seems end of the world is being priced in.... some bankers, hedge fund managers, perma bulls must be hanging themselves as we speak... its seems the dollar financing bubble has completely collasped... seems like very dark gloomy times ahead for people....
Not for me, my account % just keeps multiplying. And as soon as all this doom and gloom is priced in I'll switch sides and join the bulls as we start to price in the wonderful times of greed and excess.
I love being a trader. I love it, I love it, I love it.
Just Trade It
- #100,003
- Nov 20, 2008 1:10pm Nov 20, 2008 1:10pm
- Joined Jul 2007 | Status: C.E.O of BWR Investment firm | 4,736 Posts
The dow drop 432 pts. This baby should be dropping like shit but it's not happening
Check out the yen pairs. Out performing cable 4 to 1.
Just Trade It
- #100,004
- Nov 20, 2008 1:10pm Nov 20, 2008 1:10pm
- Joined Mar 2008 | Status: Fooled by randomness | 8,362 Posts
When life gives you lemons, make lemonade
- #100,005
- Nov 20, 2008 1:12pm Nov 20, 2008 1:12pm
- Joined Mar 2008 | Status: Fooled by randomness | 8,362 Posts
that chart gets my blood pressure up just looking at it! how do you do it?!
besides the colors are so nice red and green over white
When life gives you lemons, make lemonade
- #100,006
- Nov 20, 2008 1:13pm Nov 20, 2008 1:13pm
- Joined Jul 2007 | Status: C.E.O of BWR Investment firm | 4,736 Posts
There full of directionway to go micho and nice post#99999
Ok this is starting to freak me out, first page 6666 and now post 99999
This could well signal the end of world....as we know it, but I feel fine.
Just Trade It
- #100,007
- Nov 20, 2008 1:16pm Nov 20, 2008 1:16pm
- Joined Mar 2008 | Status: Fooled by randomness | 8,362 Posts
Check out the yen pairs. Out performing cable 4 to 1.
When life gives you lemons, make lemonade
- #100,008
- Nov 20, 2008 1:17pm Nov 20, 2008 1:17pm
Ok this is starting to freak me out, first page 6666 and now post 99999
This could well signal the end of world....as we know it, but I feel fine.
and i eel batter now.
GELORE
- #100,009
- Nov 20, 2008 1:24pm Nov 20, 2008 1:24pm
- Joined Jul 2007 | Status: C.E.O of BWR Investment firm | 4,736 Posts
the USDJPY looks very sexy right now
Was sexy, she has already been used and abused for today. Maybe tomorrow after she has had a rest.
Just Trade It
- #100,011
- Nov 20, 2008 1:26pm Nov 20, 2008 1:26pm
- Joined Mar 2008 | Status: Fooled by randomness | 8,362 Posts
quiz:
can you spot the anomalies on this chart
can you spot the anomalies on this chart
When life gives you lemons, make lemonade
- #100,012
- Nov 20, 2008 1:31pm Nov 20, 2008 1:31pm
- Joined Jul 2007 | Status: C.E.O of BWR Investment firm | 4,736 Posts
quiz:
can you spot the anomalies on this chart
It's called a bull trap which formed a perfect pin bar on the 4hr which was the sell signal at 1.5045ish
Just Trade It
- #100,013
- Nov 20, 2008 1:33pm Nov 20, 2008 1:33pm
- Joined Jul 2007 | Status: C.E.O of BWR Investment firm | 4,736 Posts
Just Trade It
- #100,014
- Nov 20, 2008 1:35pm Nov 20, 2008 1:35pm
- Joined Mar 2008 | Status: Fooled by randomness | 8,362 Posts
It's called a bull trap which formed a perfect pin bar on the 4hr which was the sell signal at 1.5045ish
i believe 1.526x will hold though, but what is sad is that i ended up missing a nice short at 1.52x since i dont have any more margin room...
i think we should call it bear and bull trap... it is not really a bull trap, i would not go long at the retracement of the up trend since the rsi were below 50 for the bigger time frames... but its a perfect trap for the bears who were opened at 1.49xx...
When life gives you lemons, make lemonade
- #100,015
- Nov 20, 2008 1:57pm Nov 20, 2008 1:57pm
- | Membership Revoked | Joined Aug 2008 | 1,097 Posts
I think this baby is going north during the asian session or maybe just flat
- #100,016
- Nov 20, 2008 2:53pm Nov 20, 2008 2:53pm
- | Joined Nov 2008 | Status: Trader | 2,548 Posts
Was sexy, she has already been used and abused for today. Maybe tomorrow after she has had a rest.
- #100,018
- Nov 20, 2008 3:50pm Nov 20, 2008 3:50pm
- | Joined Jun 2008 | Status: Learning Properly This Time! | 1,212 Posts
are we heading south?
to the Saruman Tower aight?
hehe...
Keep It Simple Stupid
- #100,019
- Nov 20, 2008 3:51pm Nov 20, 2008 3:51pm
- | Membership Revoked | Joined Aug 2008 | 1,097 Posts
are we heading south?
to the Saruman Tower aight?
hehe...
Hahaahahahaha..............
- #100,020
- Edited 8:46pm Nov 20, 2008 8:32pm | Edited 8:46pm
- | Joined Dec 2007 | Status: Trader | 3,220 Posts
1st open trade in the freaky friday. Went short 1.4817 ! Just for +10 pips ! Still highly possible move up more if break and hold above 1.4820/25 ! New support 1.4780/85 ! Hmmm .. at least till Asia/London session ! But I may think wrong !
I only trade XAU/USD. Based on USD news & Fib SR & BB20