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  • #71,841
  • Mar 5, 2009 7:07pm Mar 5, 2009 7:07pm
finally..my first trade in the last 14 hours. as we can all probably see we have been ranging between 1.2535 (temporary support) and 1.2565 (very strong s/r level). Last few hours we have made yet another run from the low of the range to the high and actually broke to the upside. Still...there was no momentum from what i saw so i picked up a short. I have decided to keep this position open until i get stopped out or we break south of 1.2500 as i think this will happen before the week is over. No risk really..only half a position that i may add onto later if pa does head south. The following chart shows only one thing..the R/S areas we have witnessed recently and the current range we are in

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Different opinions highly valued, ignorant to slander.
  • #71,842
  • Mar 5, 2009 7:19pm Mar 5, 2009 7:19pm
Quoting KillerWhale
By the way, you shorted @ 1.2555, I just took a long there.
I think we have to be very careful with shorts, coming NFP in 12 hours or so. If the number is worse than excepted (and most likely it is) EU might get a big push up. But who am I, the market is not playing according to the rules lately.

There is a lot more room to the upside than to the downside.

Shamu
I agree with you there is more room on the upside, I just don't think and by the charts its not looking like its going to happen in the next 3-4hrs. The ranging is more likely to happen I think.
But thanks for your view I appreciate it.
Trade on your own risk Plan your trade&trade your plan dont be a
  • #71,843
  • Mar 5, 2009 7:21pm Mar 5, 2009 7:21pm
Quoting TradeWell
What's even more perplexing is that the Euro should have dropped according to fundies but shows upward pressure, only held back by the U.S. stock market.
The fundies are what is driving the US$ higher. Our fundies are less negative than the Europeans. Plus risk aversion.
  • #71,844
  • Mar 5, 2009 7:22pm Mar 5, 2009 7:22pm
up 1.25% on my acount today...i closed my short ... gonna scalp.. the things going on round the world got me skiddish.. other then that i would of kept my short..hopefully a spike will get me a better position
those who can, do. those who cant, talk about those who can
  • #71,845
  • Mar 5, 2009 7:22pm Mar 5, 2009 7:22pm
Quoting gammase1
I agree. Palin and McCain would've been so much better, particularly on foreign policy. Those guys rock! Try Fox for your news.
Someone with a Commie flag in their Avatar in support for Obama shocker. Well done.
  • #71,846
  • Mar 5, 2009 7:31pm Mar 5, 2009 7:31pm
Originally Posted by gammase1 http://www.forexfactory.com/images/buttons/viewpost.gif
I agree. Palin and McCain would've been so much better, particularly on foreign policy. Those guys rock! Try Fox for your news.

And then watch empty headed rush limbah and sean hannity?

No thank you, I really have better things to do.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #71,847
  • Mar 5, 2009 7:38pm Mar 5, 2009 7:38pm
A W formation on 1H. Once it is completed, I'll go short.
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  • #71,848
  • Mar 5, 2009 7:44pm Mar 5, 2009 7:44pm
Quoting KillerWhale
Originally Posted by gammase1 http://www.forexfactory.com/images/buttons/viewpost.gif
I agree. Palin and McCain would've been so much better, particularly on foreign policy. Those guys rock! Try Fox for your news.

And then watch empty headed rush limbah and sean hannity?

No thank you, I really have better things to do.
Hannity is a talkshow host...Limbaugh is a Radio Show host...neither of them are on Fox News. I find it funny that the liberal media likes to spread these lies...Whereas the Liberals had Keith Olberman as an anchor during the election...
  • #71,849
  • Mar 5, 2009 7:50pm Mar 5, 2009 7:50pm
Quoting gatorinla
i thought one of those post was funny.. after all one vote one voter.. we can elect the village idiot..
As an outsider looking in YOU DID ELECT THE VILLAGE IDIOT!

Of course you never had much choice... the only difference between the 2 was that one was young and black and the other was old and white.
In the days of old when sailors were bold, and seldom if ever contented.
  • #71,850
  • Mar 5, 2009 7:53pm Mar 5, 2009 7:53pm
Quoting Doniboy
Hannity is a talkshow host...Limbaugh is a Radio Show host...neither of them are on Fox News. I find it funny that the liberal media likes to spread these lies...Whereas the Liberals had Keith Olberman as an anchor during the election...
In all fairness to our Comrade, Hannity does have his own show on Fox, however, MSNBC is the biggest joke around, yet lefties somehow demonize Fox every opportunity they get. Seriously, when someone starts bashing Fox for having a different opinion to the likes of MSNBC, it's time to stop talking to them as they are a lost cause.
  • #71,851
  • Mar 5, 2009 7:53pm Mar 5, 2009 7:53pm
It always either a giant douche or a turd sandwich.

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  • #71,852
  • Mar 5, 2009 7:54pm Mar 5, 2009 7:54pm
guess who's right

http://www.thedailyshow.com/video/in...nancial-advice
  • #71,853
  • Mar 5, 2009 7:56pm Mar 5, 2009 7:56pm
Quoting Doniboy
Hannity is a talkshow host...Limbaugh is a Radio Show host...neither of them are on Fox News. I find it funny that the liberal media likes to spread these lies...Whereas the Liberals had Keith Olberman as an anchor during the election...
sorry to imform you but hannity is on fox news
those who can, do. those who cant, talk about those who can
  • #71,854
  • Mar 5, 2009 7:56pm Mar 5, 2009 7:56pm
30 pip drop happened pretty quickly....scalped about 14 of them, but would have been more if we weren't talking politics again
  • #71,855
  • Mar 5, 2009 7:58pm Mar 5, 2009 7:58pm
Quoting pt49
As an outsider looking in YOU DID ELECT THE VILLAGE IDIOT!

Of course you never had much choice... the only difference between the 2 was that one was young and black and the other was old and white.
yeah but this one can complete a sentence.. *L*
those who can, do. those who cant, talk about those who can
  • #71,856
  • Mar 5, 2009 8:00pm Mar 5, 2009 8:00pm
Quoting gatorinla
sorry to imform you but hannity is on fox news
He's a commentator..he's supposed to be biased and that's what his show is about. Plus they usually have others to combat him like Alan Colmes. He doesn't anchor the news program.
  • #71,857
  • Mar 5, 2009 8:03pm Mar 5, 2009 8:03pm
excuse my ignorance.. i just figured if his name was on the show it was at least half his. my bad..

Hannity and Colmes
those who can, do. those who cant, talk about those who can
  • #71,858
  • Mar 5, 2009 8:03pm Mar 5, 2009 8:03pm
Quoting gatorinla
yeah but this one can complete a sentence.. *L*
Unfortunately the sentence is always "I need more of your money to..."

Or "The daily changes in the stock market don't matter because..."


You're right though...the other guy is just a dumb fighter pilot, war hero, POW survivor...God Forbid we give him any respect.
  • #71,859
  • Mar 5, 2009 8:05pm Mar 5, 2009 8:05pm
Quoting gatorinla
excuse my ignorance.. i just figured if his name was on the show it was at least half his. my bad..
No problem, I just figured that you knew the difference between the news and a commentary. My bad.
  • #71,860
  • Mar 5, 2009 8:06pm Mar 5, 2009 8:06pm
Quoting Doniboy
30 pip drop happened pretty quickly....scalped about 14 of them, but would have been more if we weren't talking politics again
Wow, we are to blame that you didn't get more pips?
Now seriously ........................
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