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  • #60,881
  • Feb 2, 2009 9:43pm Feb 2, 2009 9:43pm
Quoting cgforex
keep it tight...a little erratic right now..
Already hit. Has some house money to play with, next time I will wait to enter after the break...if I am going ot have tight stops need better entries.

indicators still stay short intermediate term, so I will go to bed and wait...gnight traders
  • #60,882
  • Feb 2, 2009 9:44pm Feb 2, 2009 9:44pm
Quoting PipPipPip
so you are questioning us if we believe the trend will be broken?

edit: thats a strong statement.
I am not questioning anyone's analysis. I apologyze if my question gives such an impression.

My question is based on daily chart reading. I am of the opinion that 1.33xx will be a real test for a bullish trend if it develops now. Therefore, any bull target upto 1.33xx maybe achievable. However, any valid /convincing reasons to look beyond this level wil provide greater assurance.
The Thief of Wall Street
  • #60,883
  • Feb 2, 2009 9:45pm Feb 2, 2009 9:45pm
Quoting Jay Walker
http://www.youtube.com/watch?v=QoMspJqqVcA

Inserted Video
  • #60,884
  • Feb 2, 2009 9:45pm Feb 2, 2009 9:45pm
If i may ask...what time does everyone usually start their trading day...I'm on Mountain time so have been starting around 6am..but can only trade till 8am...you know the whole day job thing really gets in the way..., but was just curious what others do..especially the guys that trade for a living...
  • #60,885
  • Feb 2, 2009 9:46pm Feb 2, 2009 9:46pm
an oldy but goodie

http://www.metacafe.com/watch/707464/man_vs_donkey/
those who can, do. those who cant, talk about those who can
  • #60,886
  • Feb 2, 2009 9:47pm Feb 2, 2009 9:47pm
i start when i wake up an place trades through out the day on and off
  • #60,887
  • Edited 9:54pm Feb 2, 2009 9:51pm | Edited 9:54pm
Alrighty then, my shorts keep getting taken out at a couple pips or so each of profit, so that hasn't worked out very well.

Here we are now just above M3 at 2870, the Psych level of xx80 plus a handful for the stops just above. This should tell the tale. I have one last entry in at 86 with 23 pip stop ((2909)).

If this one gets taken out, the rest of the evening paid for it and I'm flat for the night. If it drops and gets on with bizness, then it was good plan that worked instead of a good plan that didn't... and I'll watch the pips roll in.

Truth or consequences time at the 2888 mark...
FUBAR...
  • #60,888
  • Feb 2, 2009 9:54pm Feb 2, 2009 9:54pm
4 jay

yeah in the movie Kingpin.. with wood harodlson... i think woody milks the bull.. he tells the amish he milked the cow carrying a pale of a milky white substance.. and as he was drinking it. the amish man replies to woody "we dont have a cow. we have a bull"
those who can, do. those who cant, talk about those who can
  • #60,889
  • Feb 2, 2009 9:57pm Feb 2, 2009 9:57pm
cup and handle is what comes to mind..nice rounded bottom, a small pull back and now were right back at the highes. if the current high does not hold (which could be an M reversal pattern with a double top)...we should see 1.3000 easy here...possibly 1.3060 which was a critical level that was broken on thursday/friday pa. My bias right now is stuck on dummy with no entries
Different opinions highly valued, ignorant to slander.
  • #60,890
  • Feb 2, 2009 9:57pm Feb 2, 2009 9:57pm
Quoting gatorinla
4 jay

yeah in the movie Kingpin.. with wood harodlson... i think woody milks the bull.. he tells the amish he milked the cow carrying a pale of a milky white substance.. and as he was drinking it. the amish man replies to woody "we dont have a cow. we have a bull"
LOL! I know. Far from being my beverage of choice
Not all sins are created equal
  • #60,891
  • Feb 2, 2009 9:59pm Feb 2, 2009 9:59pm
huumm!! i smell a mad cow. let's see how it going to deal with 1.2900 before it get burned maybe another mother of double top.
"Simplicity is the ultimate sophistication" leonardo da vinci
  • #60,892
  • Feb 2, 2009 10:02pm Feb 2, 2009 10:02pm
Out for the evening as I have an early morning get up.

Look at it this way, now that I'm out, It's clear to drop. We all have our function in the scheme of things...

Donated the evenings profits and 3 on me back to The Man.. There's always a rematch. Interesting PA tho, ya'll trade careful.
FUBAR...
  • #60,893
  • Feb 2, 2009 10:02pm Feb 2, 2009 10:02pm
Just a false high...itīs time to short...
  • #60,894
  • Feb 2, 2009 10:08pm Feb 2, 2009 10:08pm
entered short @ 1.2891 any thoughts??
  • #60,895
  • Feb 2, 2009 10:10pm Feb 2, 2009 10:10pm
Quoting Chicky
I apologyze if my question gives such an impression.
Hey chicky, just saw your post... welcome back to Pipland, wondering what or where you've been off to.

And why are you apologizing?? This is the EU thread, not the THV thread where everybody gets along and enjoys helping each other. You can pop off anytime you feel the need. Why be an exception?

Besides, you said "Dear..." and that's more than I would have said..
FUBAR...
  • #60,896
  • Feb 2, 2009 10:10pm Feb 2, 2009 10:10pm
relax everyone.. set your entry... mine happens to be 1.2944 it should head fake up run through all your stops (above 1.2900) then resume lower... my entry happend to be the top of that last little trend up that was broken lower.. a entry i picked before there was that trend... if it resumes i should be in the pips.. if it doesnt do the above i will have other chances...so will you... dont get in on a bad entry!!!! have an exit plan.. stick to it.. manage money!!! the trend is still down.. but you dont want to get all bent out of shape sitting in a negative trade 3 days or more waiting for trend to resume...
those who can, do. those who cant, talk about those who can
  • #60,897
  • Feb 2, 2009 10:13pm Feb 2, 2009 10:13pm
Am I missing something here?

All I see is a move upwards. it has broken daily pivot and peeked its head through the r1, AND a reverse head and shoulders is forming on the 1 hour.

Yet you all say it's time to short! Fill me in on your reasons please, because I'm at a loss of ideas and pips by going short this morning.
  • #60,898
  • Feb 2, 2009 10:13pm Feb 2, 2009 10:13pm
Quoting Jay Walker
LOL! I know. Far from being my beverage of choice
sounds like a buch of bull to me..
those who can, do. those who cant, talk about those who can
  • #60,899
  • Feb 2, 2009 10:13pm Feb 2, 2009 10:13pm
Quoting Bemac
OK. How do you see it?

I am willing to suceed to greater knowledge.

Teach me. Please.

Got Anything??? Fire Away
Ok here is my shooting from my small caliber, compare to yours, no competition intended, I was just trying to understand your post, great silent admirer of your posts, if you said that the plan is that the euro will fall so the dollar will be the savior of the global economy wish is not a disparate teory, if is not that then the abolishion of the dls is, then if euro fall, so is the pair, so it will go to parity, one dls eguals one euro or even less, me think the dollar will go to the grown and maybe extinguished, but that is only me, and I don't dout there is plan to rescue the dollar, but then again maybe we are in to deep in this mess, and more dollars out there are just going to worsen the situacion at least that is what I heard from the experts
http://es.youtube.com/watch?v=w84EiC...eature=related
The Chonchy
  • #60,900
  • Feb 2, 2009 10:16pm Feb 2, 2009 10:16pm
Quoting dimitrius
Am I missing something here?

All I see is a move upwards. it has broken daily pivot and peeked its head through the r1, AND a reverse head and shoulders is forming on the 1 hour.

Yet you all say it's time to short! Fill me in on your reasons please, because I'm at a loss of ideas and pips by going short this morning.

trend does look to be heading up but other indicators says to sell $220 profit made getting ready for a new order
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