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  • #70,241
  • Mar 2, 2009 7:39am Mar 2, 2009 7:39am
Quoting panikybill
Looks like a brakout of the descending triangle...out of level 1.2600...
charts?/pics?
  • #70,242
  • Mar 2, 2009 7:43am Mar 2, 2009 7:43am
It's a breakout from positive income and spending numbers in the US. These numbers where however bolstered by gov./military spending which gives basically a false illusion.
  • #70,243
  • Mar 2, 2009 7:48am Mar 2, 2009 7:48am
Time to add to my shorts
  • #70,244
  • Mar 2, 2009 7:50am Mar 2, 2009 7:50am
I stop here and wait to see
  • #70,245
  • Mar 2, 2009 7:51am Mar 2, 2009 7:51am
Confluence near trend line and Pivot.

Should offer some congestion and resistance.
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  • #70,246
  • Mar 2, 2009 7:52am Mar 2, 2009 7:52am
Quoting F.x.
Time to add to my shorts
you think so? the gap will be filled!!
  • #70,247
  • Mar 2, 2009 7:58am Mar 2, 2009 7:58am
Quoting kommo
you think so? the gap will be filled!!
I agree with you. I'm positioning myself for what's going to happen after that.
  • #70,248
  • Mar 2, 2009 8:00am Mar 2, 2009 8:00am
s/p futurs now 119.5.. careful longs
dow may open below 7000
those who can, do. those who cant, talk about those who can
  • #70,249
  • Mar 2, 2009 8:01am Mar 2, 2009 8:01am
P/A seems not to be able to break through 1.2627-1.2630 S/R level. Lets see if P/A will bounce off of 1.2596 level or will it break through
  • #70,250
  • Mar 2, 2009 8:21am Mar 2, 2009 8:21am
Quoting Jhig
P/A seems not to be able to break through 1.2627-1.2630 S/R level. Lets see if P/A will bounce off of 1.2596 level or will it break through
Looks to be, P/A decided to bounce off the 1.2596 level
  • #70,251
  • Mar 2, 2009 8:26am Mar 2, 2009 8:26am
Quoting F.x.
I agree with you. I'm positioning myself for what's going to happen after that.
Hi FX, would you care sharing what you anticipate will happend after that? I won't tell.
  • #70,252
  • Mar 2, 2009 8:33am Mar 2, 2009 8:33am
Quoting gatorinla
s/p futurs now 119.5.. careful longs
dow may open below 7000
It was 117 couple of hour ago. Dow is 6917 now.
The Thief of Wall Street
  • #70,253
  • Mar 2, 2009 8:39am Mar 2, 2009 8:39am
Quoting gatorinla
s/p futurs now 119.5.. careful longs
dow may open below 7000
Adding to my EUR/USD longs. Maybe wrong, but expecting S&P to retract to 730 again.
The Thief of Wall Street
  • #70,254
  • Mar 2, 2009 8:41am Mar 2, 2009 8:41am
Quoting Chicky
Adding to my EUR/USD longs. Maybe wrong, but expecting S&P to retract to 730 again.
maybe "wrong"? Market will always go in its "right" directions!
  • #70,255
  • Mar 2, 2009 8:44am Mar 2, 2009 8:44am
Quoting Chicky
It was 117 couple of hour ago. Dow is 6917 now.
i bet you made a few on that long? s/p was 22 when i took a nap.open will tell the story .just bouncing..trends down.. dollar index up..i closed my gy long..it hit a wall at 900 pips. gonna re-enter 3468 if it pulls back next day or 2..not gonna risk more then about 90 pips..last few days its lower trendline gave me that entry.. if eu does hit its oct low it should get gy should get there.
those who can, do. those who cant, talk about those who can
  • #70,256
  • Mar 2, 2009 8:45am Mar 2, 2009 8:45am
Quoting Chicky
Adding to my EUR/USD longs. Maybe wrong, but expecting S&P to retract to 730 again.
i hope it does.. im waiting to jump back short.. I want a better entry..
those who can, do. those who cant, talk about those who can
  • #70,257
  • Mar 2, 2009 8:48am Mar 2, 2009 8:48am
Hi to all , i see the eurusd gaining some resistance , as a newbie and watching the european markets loosing , what kind of movements on the eurusd we will expect ? long or short the question... Thanks to all traders .
  • #70,258
  • Mar 2, 2009 8:49am Mar 2, 2009 8:49am
Quoting gatorinla
i hope it does.. im waiting to jump back short.. I want a better entry..
Don't follow me. I am playing with house money and therefore in a position to give some of it back.
The Thief of Wall Street
  • #70,259
  • Mar 2, 2009 8:49am Mar 2, 2009 8:49am
Quoting sailor6
Hi FX, would you care sharing what you anticipate will happend after that? I won't tell.
Well... I said I was adding to my short position so...


You'll get no argument out of me that we could see some higher prices for a bit here... But you can bet we're going to see a good drop at some point before we see any "big move up."
  • #70,260
  • Mar 2, 2009 8:50am Mar 2, 2009 8:50am
people who bought gold above 950 i bet are looking for an exit. if they can find a buyer.. unfriggenreal!!! GE almost 8 bucks a share.
those who can, do. those who cant, talk about those who can
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