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  • #71,741
  • Mar 5, 2009 2:18pm Mar 5, 2009 2:18pm
Quoting gatorinla
i for one will pay undivided attention to last hour..
Well the first quarter of that hour is up and we are still sideways...Looks like a lot of people may be following your lead and waiting to see what happens. I for one have nothing on the table right now. Any play I made at this point would be too much of a guess for my liking.
  • #71,742
  • Mar 5, 2009 2:19pm Mar 5, 2009 2:19pm
Quoting acumen
Pivots.

A trend line.

Self explanatory.

m
I love angry charting....
  • #71,743
  • Mar 5, 2009 2:19pm Mar 5, 2009 2:19pm
Quoting acumen
Pivots.

A trend line.

Self explanatory.

m
*LMFAO*
those who can, do. those who cant, talk about those who can
  • #71,744
  • Mar 5, 2009 2:22pm Mar 5, 2009 2:22pm
Quoting Doniboy
Well the first quarter of that hour is up and we are still sideways...Looks like a lot of people may be following your lead and waiting to see what happens. I for one have nothing on the table right now. Any play I made at this point would be too much of a guess for my liking.
shhhh im constipating on this pair..
those who can, do. those who cant, talk about those who can
  • #71,745
  • Mar 5, 2009 2:32pm Mar 5, 2009 2:32pm
Quoting acumen
Pivots.

A trend line.

Self explanatory.

m
Acumen, with all your trading ability, you still spelled fuker wrong.... The correct spelling is "fucher"... Glad to be of help....
  • #71,746
  • Mar 5, 2009 2:34pm Mar 5, 2009 2:34pm
woah DOW below 6600, bad stuff
  • #71,747
  • Mar 5, 2009 2:35pm Mar 5, 2009 2:35pm
Wait for a proper breakout on the upside or the downside. Upside breakout would be favored and could be a reversal in play. In case of downward breakout we have a recent bottom on Daily Charts at 1.2330. This level would be considered as ideal target level. Below this level we can expect further slide.

Overall Trend is Still Bearish.
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  • #71,748
  • Mar 5, 2009 2:37pm Mar 5, 2009 2:37pm
This dog won't hunt.

I'll be looking to sell bounces.

.2650 would be optimal

Mike
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  • #71,749
  • Mar 5, 2009 2:38pm Mar 5, 2009 2:38pm
Quoting miketodd
Acumen, with all your trading ability, you still spelled fuker wrong.... The correct spelling is "fucher"... Glad to be of help....
I don't want to be black listed.

Damn computer can't spell check it.
  • #71,750
  • Mar 5, 2009 2:39pm Mar 5, 2009 2:39pm
Quoting gatorinla
*LMFAO*
Damn black boxes.

m
  • #71,751
  • Mar 5, 2009 2:40pm Mar 5, 2009 2:40pm
This is my first starting post here in this forum!!
Im glad to join and now on I can get many points to approve my trading.
  • #71,752
  • Mar 5, 2009 2:40pm Mar 5, 2009 2:40pm
Quoting Doniboy
I love angry charting....
I'm only down 10 PIPS on the day now but I'd be up nicely if those silicon bitches wouldn't have gotten in the way.

Not the good kind of silicon bitches either.

m
  • #71,753
  • Mar 5, 2009 2:41pm Mar 5, 2009 2:41pm
Just studying this PA!

Time to decide now!

If 1.2522 break time to add shorts!

If no break until end of the day, we may see another up move and will be very conflicting BIAS if we cross one line I have and more danger to shorts if do not retrace strongly in other line I have.

I keep my BIAS to the Downside, only seeing if we will see some important up move or not, until now not clear picture!
  • #71,754
  • Mar 5, 2009 2:42pm Mar 5, 2009 2:42pm
Quoting BoredToLoose
Just studying this PA!

Time to decide now!

If 1.2522 break time to add shorts!

If no break until end of the day, we may see another up move and will be very conflicting BIAS if we cross one line I have and more danger to shorts if do not retrace strongly in other line I have.

I keep my BIAS to the Downside, only seeing if we will see some important up move or not, until now not clear picture!
I'm waiting until I see a little movement north first.

If I miss the break... the market will be there tomorrow.

m
  • #71,755
  • Mar 5, 2009 2:47pm Mar 5, 2009 2:47pm
Quoting acumen
I'm starting to think Thursdays are the new Fridays.

Ok... next post will be more informative.
Well hey, it's not like that one didn't make a good point, and I think you're right... I been wonderin about that most of the day...

I'm holding out one final short to close at TP instead of manual close, but I'm getting nervous... this ain't natural.
FUBAR...
  • #71,756
  • Mar 5, 2009 2:49pm Mar 5, 2009 2:49pm
i thought it would of been stronger then that.maybe with no profits you cant take them,,.. asia should sell off and euro early in session..or everyone has that deer in the headlights feeling as we aimlessly drift.. flat
those who can, do. those who cant, talk about those who can
  • #71,757
  • Mar 5, 2009 2:50pm Mar 5, 2009 2:50pm
Quoting acumen
I'm waiting until I see a little movement north first.

If I miss the break... the market will be there tomorrow.

m
I think this is the bounce you were writing about. For me it starts looking to go down right now.
  • #71,758
  • Mar 5, 2009 2:52pm Mar 5, 2009 2:52pm
1.2526 very strong rejection!

To all that hold shorts like me, if 1.2522 do not cross, it is time to close some shorts to raise the average.

My average 1.2615, not good, I will lose some money to close shorts below 1.2588.
  • #71,759
  • Mar 5, 2009 2:58pm Mar 5, 2009 2:58pm
Quoting acumen
I'm starting to think Thursdays are the new Fridays.

They've sucked lately.

Anyhow... the support you saw today on this pair wasn't humans.

We can't trade that fast.

It was black boxes protecting options barriers.

The cuts should have sent this pair to new lows.

Those bitches (read black boxes) took 80 PIPS from me before I could blink.

Ok... next post will be more informative.
"It was black boxes protecting options barriers. " Fully explain, please?
  • #71,760
  • Mar 5, 2009 2:58pm Mar 5, 2009 2:58pm
Quoting BoredToLoose
1.2526 very strong rejection!

To all that hold shorts like me, if 1.2522 do not cross, it is time to close some shorts to raise the average.

My average 1.2615, not good, I will lose some money to close shorts below 1.2588.
I'm in a 100% agreement. I'm hoping this price will move a little closer to the bottom of the wedge, but I might have missed my opportunity to take max profits.

I've been looking for 2510 -2520 range for TP. When Asia opens I think we will see a drop to the lower wall of the wedge before we see a north break, but who the hell really knows anyway, eh?

But after watching price action for the day, and looking more closely at my charts I see that 2540 is really a strong support level. If it goes below that its probably going to be short lived at least for the present moment.

Peace
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