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  • #75,281
  • Mar 13, 2009 9:32am Mar 13, 2009 9:32am

ok guys,
what we saw on 1H chart .. could be the wave 2 in a downward movement.
This pattern would be invalidated only if we go beyond the maximum ...
If what i say is true .. we should go in wave3 to 2835.


But please make your own trading.

The best thing that can happen to you is to find out where you're wrong.
  • #75,282
  • Mar 13, 2009 9:32am Mar 13, 2009 9:32am
Quoting SunTrader
Sunday evening might be fun. Bernanke being on "60 Minutes" after loser Geithner speaking tomorrow at economic conference over in yoorow land.
Totally agree.
  • #75,283
  • Mar 13, 2009 9:34am Mar 13, 2009 9:34am
Quoting lataliano
Shouldn't have said that. !


well that sucked... that's it for me. this morning's longs closed and still green after paying for the loser. gonna be one of "those" fridays, and something either needs to pip or get off the pot.

seen this dance before and not interested.

might be a bollinger band day tho... on steroids. that could be profitable, but too nervewrecking for today.

careful trades all...
FUBAR...
  • #75,284
  • Mar 13, 2009 9:34am Mar 13, 2009 9:34am
Quoting SpecialEd
If you're hatin' Fridays and Thursdays are getting under your skin, you're running out of days to make . Hello Mike.
I'll feel better after my meds.

m
  • #75,285
  • Mar 13, 2009 9:39am Mar 13, 2009 9:39am
Shucks sure have to hold very long.
Attached Image (click to enlarge)
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Forex Price Action Hacked - Price Action Rockstar
  • #75,286
  • Mar 13, 2009 9:41am Mar 13, 2009 9:41am
I've been tying my best to take advantage of the swing movements. Scalp and predicted the next retracement, with on an off success.

At the moment, downwards momentum look like it's done ... getting ready to place a buy order, with a target of 20 pips.
  • #75,287
  • Mar 13, 2009 9:42am Mar 13, 2009 9:42am
it looks like the market have started weekend ...
  • #75,288
  • Mar 13, 2009 9:44am Mar 13, 2009 9:44am
This is starting to remind of the battle of the Somme in WW1. Wave after wave of attacks met by strong resistance and then retracing.
  • #75,289
  • Mar 13, 2009 9:45am Mar 13, 2009 9:45am
Quoting Jhig
I've been tying my best to take advantage of the swing movements. Scalp and predicted the next retracement, with on an off success.

At the moment, downwards momentum look like it's done ... getting ready to place a buy order, with a target of 20 pips.
Hi! You have impressive stats. What time frames are you looking at when you scalp?
  • #75,290
  • Mar 13, 2009 9:46am Mar 13, 2009 9:46am
Quoting lataliano
This is starting to remind of the battle of the Somme in WW1. Wave after wave of attacks met by strong resistance and then retracing.
So that means the USD will win? But wasnt that in ww2?
  • #75,291
  • Mar 13, 2009 9:49am Mar 13, 2009 9:49am
can i short EU at 1.2915 for H4 ?
VFX
  • #75,292
  • Mar 13, 2009 9:51am Mar 13, 2009 9:51am
Quoting lataliano
This is starting to remind of the battle of the Somme in WW1. Wave after wave of attacks met by strong resistance and then retracing.
Man, how old are you?
  • #75,293
  • Mar 13, 2009 9:57am Mar 13, 2009 9:57am
Quoting bad$ala
Hi! You have impressive stats. What time frames are you looking at when you scalp?
5 Min Chart exclusively.
I was chatting with dstryr a few hours ago about our strategy. http://www.forexfactory.com/showthre...18#post2601518
Though, today my strategy has been compromised and I have been scalping pointlessly with my MT account. I don't scalp with my GFT account, though.
  • #75,294
  • Mar 13, 2009 9:57am Mar 13, 2009 9:57am
Quoting Jhig
I've been tying my best to take advantage of the swing movements. Scalp and predicted the next retracement, with on and off success.

I have been doing the same thing, unfortunately have had more "OFF" than "On" success today. Ahh Friday the 13th...why do you taunt me.
  • #75,295
  • Mar 13, 2009 10:03am Mar 13, 2009 10:03am
Quoting Doniboy
I have been doing the same thing, unfortunately have had more "OFF" than "On" success today. Ahh Friday the 13th...why do you taunt me.
I hear ya Don,
Because of all the market volatility, I'm tired and ready to pack it up for the week. I figure I'll wait until noon (EST-NY) and call it a day afterwards.

I've been attempting to capitalize off the semi-Large swings .... but the swings are getting smaller by the moment.
  • #75,296
  • Mar 13, 2009 10:08am Mar 13, 2009 10:08am
Quoting Jhig
I hear ya Don,
Because of all the market volatility, I'm tired and ready to pack it up for the week. I figure I'll wait until noon (EST-NY) and call it a day afterwards.

I've been attempting to capitalize off the semi-Large swings .... but the swings are getting smaller by the moment.
what happens after the swings get very small? isnt that what happens almost every friday?
  • #75,297
  • Mar 13, 2009 10:08am Mar 13, 2009 10:08am
Expecting a surprise attack to the upside
New voice message: Why are you calling me? If I need you, I'll call you!
  • #75,298
  • Mar 13, 2009 10:12am Mar 13, 2009 10:12am
Quoting KillerWhale
Expecting a surprise attack to the upside
Why is that?

In the New section somebody post this...

Quote
EUR daily Head and Shoulders signals significant downside breakout http://www.forexfactory.com/images/m...kedarticle.gif fxinstructor.com - submitted by JCKriek 15 min ago
  • #75,299
  • Mar 13, 2009 10:13am Mar 13, 2009 10:13am
Quoting Jhig
.... but the swings are getting smaller by the moment.
The best trading times have been:
0930-1030 - Morning Dash
1030-1145 - Steady
1145-1230 - Slow Down
1230-1430 - Dead
1430 - Close - Dash to the Finish

or at least that is what I have discovered and since I live in Asia I rarely trade anything past 1145. You might want to adjust for DST.
  • #75,300
  • Mar 13, 2009 10:15am Mar 13, 2009 10:15am
It seems to be giving and taking the same 10 pips for the past half an hour. Kind of like my weight, I have been gaining and losing the same 10 pounds for 10 years (except with my weight it's a good thing, in EURUSD it is just annoying)
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