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  • #69,241
  • Feb 25, 2009 6:02pm Feb 25, 2009 6:02pm
I guess I was wrong about today. I thought we would see 1.29 for sure. Instead it just laid on top of the support line it had created for the last week. I'm gonna wait it out to see if we break below!
It cant go sideways for much longer.....right?
  • #69,242
  • Feb 25, 2009 6:23pm Feb 25, 2009 6:23pm
Is it just me or is it unusually quite in here today?? where is everyone? Did Gator and Jay take everyone on a field trip to the strip club?
  • #69,243
  • Feb 25, 2009 6:33pm Feb 25, 2009 6:33pm
Quoting bgin2end
Is it just me or is it unusually quite in here today?? where is everyone? Did Gator and Jay take everyone on a field trip to the strip club?
Yea it has been a little on the quiet side. What's the opinion on where the asian session is going? They usually like to test new highs and lows.
  • #69,244
  • Feb 25, 2009 6:34pm Feb 25, 2009 6:34pm
Good morning Australia, this will be a _long_ day ;P
  • #69,245
  • Feb 25, 2009 6:39pm Feb 25, 2009 6:39pm
taking off north as i type
  • #69,246
  • Feb 25, 2009 6:40pm Feb 25, 2009 6:40pm
Quoting Byrd
Yea it has been a little on the quiet side. What's the opinion on where the asian session is going? They usually like to test new highs and lows.
Well, we're wound up pretty tight right now...could break either way, but we have strong resistance @ 2770 and really strong support @ 2700...

I think we'll see the major sweep the stops and then start moving in the direction they want to move...which ever way that is...
  • #69,247
  • Feb 25, 2009 6:47pm Feb 25, 2009 6:47pm
Quoting bgin2end
Well, we're wound up pretty tight right now...could break either way, but we have strong resistance @ 2770 and really strong support @ 2700...

I think we'll see the major sweep the stops and then start moving in the direction they want to move...which ever way that is...
I just had a look at your blog. We both need to do the same thing. Stop trading on Fridays. Like myself, you're pretty bearish on this pair and there have been some very strong bull moves during the NY session on Fridays in recent months. Starting this Friday, I will never place another trade on Fridays
  • #69,248
  • Feb 25, 2009 6:56pm Feb 25, 2009 6:56pm
Quoting Bluemeanie
I just had a look at your blog. We both need to do the same thing. Stop trading on Fridays. Like myself, you're pretty bearish on this pair and there have been some very strong bull moves during the NY session on Fridays in recent months. Starting this Friday, I will never place another trade on Fridays
haha - yeah Fridays have been rough, nothing like starting the weekend off with giving back about 50% of my gains for the week...

Thanks for checking out the blog, it's primarily for my sanity, but I hope people find it interesting...
  • #69,249
  • Feb 25, 2009 7:29pm Feb 25, 2009 7:29pm
Is this thing on?!
  • #69,250
  • Feb 25, 2009 7:44pm Feb 25, 2009 7:44pm
Quoting SerpentDove
I lost sight of that at the beginning of the month for all sorts of reasons. I screwed my head back on tight and I'm banging out a 4th green month in row in the final lap. I've been live since last march, I've been in healthy profit since November.

Stick and move, float like a butterfly sting like a bee, and don't take profit for granted when it's sitting there in your hands.
Yes SIR.
  • #69,251
  • Feb 25, 2009 8:17pm Feb 25, 2009 8:17pm
The bears are looking friendly on the 1h and 4h charts - should do well with my already present short...
  • #69,252
  • Feb 25, 2009 8:26pm Feb 25, 2009 8:26pm
Quoting bgin2end
The bears are looking friendly on the 1h and 4h charts - should do well with my already present short...
Does this start to look like a bull flag on the 5m? Short term support at 124.40 and ocillators curling up.
  • #69,253
  • Feb 25, 2009 8:29pm Feb 25, 2009 8:29pm
I started the VSA thread and we created a VSA indicator which keeps a running total of volume and measures spreads, between each candlestick. I wanted to see if a couple people can test out the beta version and present some feedback so we can make improvements!
  • #69,254
  • Feb 25, 2009 8:32pm Feb 25, 2009 8:32pm
Quoting sailor6
Does this start to look like a bull flag on the 5m? Short term support at 124.40 and ocillators curling up.
I really never look at the 5m TF...too much noise.
  • #69,255
  • Feb 25, 2009 8:35pm Feb 25, 2009 8:35pm
Quoting sailor6
Does this start to look like a bull flag on the 5m? Short term support at 124.40 and ocillators curling up.

124.40 is EURJPY Not fiber.

It's already a too big of a flag to be considered, and being on the 5m, the lower the TF, the lesser the degree of confidence, unless it matches up other patterns on higher TF's
Traders are smartasses
  • #69,256
  • Feb 25, 2009 8:38pm Feb 25, 2009 8:38pm
Quoting bgin2end
Is it just me or is it unusually quite in here today?? where is everyone? Did Gator and Jay take everyone on a field trip to the strip club?
No strip club field trip.

Trip to the Happy America concentration camp.

Who watched the speech last night?
Not all sins are created equal
  • #69,257
  • Feb 25, 2009 8:45pm Feb 25, 2009 8:45pm
Quoting Jay Walker
No strip club field trip.

Trip to the Happy America concentration camp.

Who watched the speech last night?
It seems only 8% of traders watched the speech ....... market moved in the direction of 8% opinion.
The Thief of Wall Street
  • #69,258
  • Feb 25, 2009 8:45pm Feb 25, 2009 8:45pm
Quoting Jay Walker
No strip club field trip.

Trip to the Happy America concentration camp.

Who watched the speech last night?
Watched it?? Maybe slept through it...same old stuff...just a pep-talk - rah rah!
  • #69,259
  • Feb 25, 2009 8:47pm Feb 25, 2009 8:47pm
Quoting Spsantos
124.40 is EURJPY Not fiber.

It's already a too big of a flag to be considered, and being on the 5m, the lower the TF, the lesser the degree of confidence, unless it matches up other patterns on higher TF's
Yes, I just realized that I did not explained well. While I trade EUR.USD I watch the crosses for early signal. Must admit this one is a little muddy and early. Thanks for your remaks.
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  • #69,260
  • Feb 25, 2009 8:48pm Feb 25, 2009 8:48pm
Quoting bgin2end
Watched it?? Maybe slept through it...same old stuff...just a pep-talk - rah rah!
I know it was rah rah! If I didn't know better, I would have said that the guy was peddling some Amway crap.

What happened to the charismatic, intelligent guy who was supposed to be the second coming of Christ?

Before I get flamed by the Democrats, let me say that I actually like the guy. But what he's got so far in terms of solutions is about as solid as custard.
Not all sins are created equal
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