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  • #46,561
  • Nov 21, 2008 2:50am Nov 21, 2008 2:50am
Quoting determined
I have always respected your opinion on EU but it s like iam lost in the whole thing for the past few day can u please just give an insight of what will be happen in the nearest time

Hi, hi!

Mirror, mirror on the wall.
Will the forex market rise or fall?

Now is the question!

Psiholog - you have salutation from Croatia.
La vita e bella!
  • #46,562
  • Nov 21, 2008 3:05am Nov 21, 2008 3:05am
Hi Posejdon, any usefull information from you????
Al nek bude korisna! ;-)

ST
  • #46,563
  • Nov 21, 2008 3:12am Nov 21, 2008 3:12am
Quoting Posejdon
Hi, hi!

Mirror, mirror on the wall.
Will the forex market rise or fall?

Now is the question!

Psiholog - you have salutation from Croatia.
so up to you will the market rise or fall?
  • #46,564
  • Nov 21, 2008 3:16am Nov 21, 2008 3:16am
Are you having a good day Acumen? As we bounce between PP to R1?

I looked at your website. And trade methods/system. Some good info. I definatly took something away from it. I spent the time to make sure my pivots were setup properly. I actually have one chart with just pivot points from 3 time zones as staring points. NY Close Also midnight EST and Midnight GMT. Price seems to pay attention to all three i find.

Anyways I noticed u were following the thread and thought of you as price is following the rules for a change. What I mean by that is the pivots especially the weekly were acting more like magnet for a while there. (for the first 3 days of the week)
  • #46,565
  • Nov 21, 2008 3:19am Nov 21, 2008 3:19am
New Update:

EUR/USD Sell near 1.2617
GBP/USD Sell near 1.4923
AUD/USD Sell near 0.6337
NZD/USD Sell near 0.5377

USD/CAD Buy near 1.2733
USD/CHF Buy near 1.2203
USD/JPY Sell near 95.77

GBP/JPY Sell near 142.97
EUR/JPY Sell near 119.97
EUR/CHF Buy near 1.5227
EUR/GBP Buy near 0.8407.
{Promotion Removed}
  • #46,566
  • Nov 21, 2008 3:24am Nov 21, 2008 3:24am
if you say inflation slow and soft. it does not sound so bad..if you do the same with deflation it sounds much worse. its also better to have a sexy voice say inflation very slowly
those who can, do. those who cant, talk about those who can
  • #46,567
  • Nov 21, 2008 3:28am Nov 21, 2008 3:28am
Quoting daili
Hi, Driver55,
do u have some good idea so far?

Daili excuse me, I read just now.

Well today is Friday and as you know this is for the forex always a special day.
While I think that 2620 might also be possible (just because it's Friday) but I think that the area 2550-2580 is already hard .

The best thing that can happen to you is to find out where you're wrong.
  • #46,568
  • Nov 21, 2008 3:34am Nov 21, 2008 3:34am
gbp moving north.. is the eur got a crack in the damn? im screwed in pa. with no software to see the short trend..putor in la.
those who can, do. those who cant, talk about those who can
  • #46,569
  • Nov 21, 2008 3:44am Nov 21, 2008 3:44am
My short entry is at 2594


Edit : OK I'm in
The best thing that can happen to you is to find out where you're wrong.
  • #46,570
  • Nov 21, 2008 3:51am Nov 21, 2008 3:51am
Quoting gatorinla
if you say inflation slow and soft. it does not sound so bad..if you do the same with deflation it sounds much worse. its also better to have a sexy voice say inflation very slowly

  • #46,571
  • Nov 21, 2008 3:55am Nov 21, 2008 3:55am
Quoting Driver55
My short entry is at 2594


Edit : OK I'm in
with tight stop i hope.. we just got through several major resistances.. and 30m 60m and 4hr candle close in 6 mins. Not saying your wrong.. but we just got over a major tendline fib level and pivot and 200 MA on 30m.
  • #46,572
  • Nov 21, 2008 4:00am Nov 21, 2008 4:00am
Quoting Dansnali
with tight stop i hope.. we just got through several major resistances.. and 30m 60m and 4hr candle close in 6 mins. Not saying your wrong.. but we just got over a major tendline fib level and pivot and 200 MA on 30m.

no no.... this is the first shortentry... the second is at 2645

Edit : Trend follower on 1H basis have become their entry at 05.00h (NY time) but if this is a distribution ...we can see soon what i expect.
The best thing that can happen to you is to find out where you're wrong.
  • #46,573
  • Nov 21, 2008 4:11am Nov 21, 2008 4:11am
Quoting Driver55
no no.... this is the first shortentry... the second is at 2645

Edit : Trend follower on 1H basis have become their entry at 05.00h (NY time) but if this is a distribution ...we can see soon what i expect.
I had another upper trendline at 1.2627. looks like it might be dropping after tapping it.. I went short at 1.2626. Now... retracement or reversal?
  • #46,574
  • Nov 21, 2008 4:17am Nov 21, 2008 4:17am
Quoting Dansnali
I had another upper trendline at 1.2627. looks like it might be dropping after tapping it.. I went short at 1.2626. Now... retracement or reversal?

As I said before 2620 was a possible target.
Precisely because in this days the market is often irregular , so I have anticipated my first short and if it cames above 2620 then I give him my 2. short. So I can defend my position.


Edit: Don't forget also that on a 4H basis this is still only a retracement.. We will see in the next 2-4 Hours
The best thing that can happen to you is to find out where you're wrong.
  • #46,575
  • Nov 21, 2008 4:19am Nov 21, 2008 4:19am
Quoting Driver55
no no.... this is the first shortentry... the second is at 2645

Edit : Trend follower on 1H basis have become their entry at 05.00h (NY time) but if this is a distribution ...we can see soon what i expect.
2645 is a good level, thats where I have my target for my long from 2605
  • #46,576
  • Nov 21, 2008 4:23am Nov 21, 2008 4:23am
Quoting Driver55

As I said before 2620 was a possible target.
Precisely because in this days the market is often irregular , so I have anticipated my first short and if it cames above 2620 then I give him my 2. short. So I can defend my position.


Edit: Don't forget also that on a 4H basis this is still only a retracement
sounds like a pretty solid plan.. we are definatly at a cruicial area.. I'm seeing weekly pivot at 2614 as well. Come on short bus! take us south..
  • #46,577
  • Nov 21, 2008 4:23am Nov 21, 2008 4:23am
Quoting andys0506
2645 is a good level, thats where I have my target for my long from 2605

2605 is exactly the entry point (on 1H basis ) from Trendfollowers. This is a hard Time for Trendfollowers too.
The best thing that can happen to you is to find out where you're wrong.
  • #46,578
  • Nov 21, 2008 4:37am Nov 21, 2008 4:37am
Quoting Algirdas
New Update:

EUR/USD Sell near 1.2617
GBP/USD Sell near 1.4923
AUD/USD Sell near 0.6337
NZD/USD Sell near 0.5377

USD/CAD Buy near 1.2733
USD/CHF Buy near 1.2203
USD/JPY Sell near 95.77

GBP/JPY Sell near 142.97
EUR/JPY Sell near 119.97
EUR/CHF Buy near 1.5227
EUR/GBP Buy near 0.8407.
Put Stops near Entry
{Promotion Removed}
  • #46,579
  • Nov 21, 2008 4:41am Nov 21, 2008 4:41am
Quoting Driver55
2605 is exactly the entry point (on 1H basis ) from Trendfollowers. This is a hard Time for Trendfollowers too.
I was just looking at the big drop in the DOW today and drew a fib on the down move and we have been bouncing off of the 50% retracement level for a couple hours and its just starting to turn south as well.. maybe everyone else already seen it.. but thought it worth mentioning. As there has been a fairly strong corrolation for a long time. I threw in a short on EJ as well for good measure.. heh..
  • #46,580
  • Nov 21, 2008 4:48am Nov 21, 2008 4:48am
Quoting Dansnali
I was just looking at the big drop in the DOW today and drew a fib on the down move and we have been bouncing off of the 50% retracement level for a couple hours and its just starting to turn south as well.. maybe everyone else already seen it.. but thought it worth mentioning. As there has been a fairly strong corrolation for a long time. I threw in a short on EJ as well for good measure.. heh..
A big drop in the Dow??? I think you meant yesterday. Take a look at the futures today. DJIA should close 400-500 pts higher today, conservatively. This is a truly big payday for me as I expect to make at least a 30% increase in account value (including my FX trades).
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