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  • #62,881
  • Feb 9, 2009 8:33am Feb 9, 2009 8:33am
Big ellipse breakout would have netted you 150 pips. Price Is going towards small ellipse upper border. I see resistance at 1.3066 Lets see if price wants to break it. Keep it simple. Simple is profitable guys =)
Attached Image (click to enlarge)
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  • #62,882
  • Feb 9, 2009 8:34am Feb 9, 2009 8:34am
Quoting sed
okay, walk away from ur computer , take a break, n back 1 or 2 hour later

actually that might not be a bad idea i dont think the markets is going to move donw untill then
  • #62,883
  • Feb 9, 2009 8:35am Feb 9, 2009 8:35am
Quoting Elghoz
now what can we do sell or still wait
Mondays are a crapshoot. Mondays with major news is just downright gambling. at least if i hop in the car and go over the hill to Reno I get free drinks with my black jack.

But if you force me to guess what is going to happen today.... it is going to go up until it gets enough resistance to go back down again. Where it gets that resistance is anybody's guess. Since it just broke 3070 it could be off to the races on the upside to 1.3245 the big fibo 23.6 or even the 1.3295 area the tops from 28 Jan.
Or it could just keep going, starting a new era of Obama inspired change with a new world filled with flowers and where nobody pays taxes and everyone is taken care of for life and life is beaut full and Ill be happy to see those nice young men in those clean white coats and they are coming to take me away Ha.. Ha they are coming to take me away ha ha.......
Sorry got carried away a bit
Nolite dormiens pungere ursum. -- Latan Proverb.
  • #62,884
  • Feb 9, 2009 8:38am Feb 9, 2009 8:38am
Quoting MrWhipple
Mondays are a crapshoot. Mondays with major news is just downright gambling. at least if i hop in the car and go over the hill to Reno I get free drinks with my black jack.

But if you force me to guess what is going to happen today.... it is going to go up until it gets enough resistance to go back down again. Where it gets that resistance is anybody's guess. Since it just broke 3070 it could be off to the races on the upside to 1.3245 the big fibo 23.6 or even the 1.3295 area the tops from 28 Jan.
Or it could just keep going, starting a new...

your a pretty funny guy and i think im going to have to follow your rule and not trade on monday
  • #62,885
  • Feb 9, 2009 8:43am Feb 9, 2009 8:43am
we begin sell now
  • #62,886
  • Feb 9, 2009 8:43am Feb 9, 2009 8:43am
waiting is good

don't know short or long
can't even scalp got only 2 pips
Follow The Trend
  • #62,887
  • Feb 9, 2009 8:45am Feb 9, 2009 8:45am
Quoting Elghoz
i did sell from 1.2938
Good Morning Elghoz. Please don't take this the wrong way. I did some backtesting. Went so far back, my eyes are bleary. You sir/madam are now one of my most dependable indicators. You called this one almost to the PIP.

In all seriousness, you really need to look at your methodology very carefully before continuing in this endevour. Whatever it is that you are doing is working extremely well, with one small problem - the result is always the exact opposite of your intent.

I think if you get that part figured out you will have one helluva good trading system. Seriously...
  • #62,888
  • Feb 9, 2009 8:54am Feb 9, 2009 8:54am
Quoting Turhovach
Good Morning Elghoz. Please don't take this the wrong way. I did some backtesting. Went so far back, my eyes are bleary. You sir/madam are now one of my most dependable indicators. You called this one almost to the PIP.

In all seriousness, you really need to look at your methodology very carefully before continuing in this endevour. Whatever it is that you are doing is working extremely well, with one small problem - the result is always the exact opposite of your intent.

I think if you get that part figured out you will have one helluva good...
I think by now we can all join a "I told Elghoz not to trade yet" thread. Well intentioned coaching will not work.
  • #62,889
  • Feb 9, 2009 8:57am Feb 9, 2009 8:57am
Quoting MrWhipple
Mondays are a crapshoot....
this is not o monday "per se", it is an extension of the friday session with stimulus plan in focus, it was a trade-able monday
  • #62,890
  • Feb 9, 2009 8:59am Feb 9, 2009 8:59am
Quoting ThePipsMaker
Sitting on the sidelines.

Think that the turning point may be 1.3089.

Don't know why I can't attach my chart but that figure is 61.8 on my FIBO.
Ok, now the attachment works.
Attached Image (click to enlarge)
Click to Enlarge Name: daily.jpg Size: 114 KB
  • #62,891
  • Feb 9, 2009 8:59am Feb 9, 2009 8:59am
what u mean
  • #62,892
  • Feb 9, 2009 9:00am Feb 9, 2009 9:00am
FF not working very well today....
having this all the time....
Attached Image (click to enlarge)
Click to Enlarge Name: 09-02-2009 15-55-39.png Size: 7 KB
  • #62,893
  • Feb 9, 2009 9:06am Feb 9, 2009 9:06am
Quoting Elghoz
what u mean

Sigh… Never mind.

Good trading to you...
  • #62,894
  • Feb 9, 2009 9:06am Feb 9, 2009 9:06am
i did short anyone share my idea
  • #62,895
  • Feb 9, 2009 9:08am Feb 9, 2009 9:08am
Quoting Elghoz
i did short anyone share my idea
i expect euro to head back up maby hit a double top cnbc reports dollor is getting slamed by every currency due to the pending bail out
  • #62,896
  • Feb 9, 2009 9:09am Feb 9, 2009 9:09am
Quoting Elghoz
i did short anyone share my idea

cut your losses take some profits and get back in
  • #62,897
  • Feb 9, 2009 9:11am Feb 9, 2009 9:11am
Quoting Elghoz
what u mean
guy please stop been a jack ass I think you just tried to make fun of everybody on the treat that it's not funny anymore backoff
  • #62,898
  • Feb 9, 2009 9:11am Feb 9, 2009 9:11am
why
it will go big move down now trust me
  • #62,899
  • Feb 9, 2009 9:12am Feb 9, 2009 9:12am
Quoting CAnthonyMVE
i expect euro to head back up maby hit a double top cnbc reports dollor is getting slamed by every currency due to the pending bail out
Pardon me, but are you talking about a weekly double top or .....?
  • #62,900
  • Feb 9, 2009 9:13am Feb 9, 2009 9:13am
It shorts now
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