Wow! Looks like everyone is doubting my trading abilities? That kinda hurts. Well, maybe stings a little. 
- #76,001
- Mar 16, 2009 11:20am Mar 16, 2009 11:20am
- Joined Oct 2008 | Status: Sentiment and Global Macro | 2,321 Posts
- #76,002
- Mar 16, 2009 11:24am Mar 16, 2009 11:24am
- Joined Oct 2008 | Status: sideline is a position | 105,127 Posts
those who can, do. those who cant, talk about those who can
- #76,003
- Mar 16, 2009 11:25am Mar 16, 2009 11:25am
- | Joined Oct 2008 | Status: Behaviour changes often | 1,170 Posts
This lady isn't always moving like a train, right now there's low volume, interest faded for a bit.
We have confirmed support @1.2980, since a load of shorts entered @1.3040, we'll need to go through that level before testing 1.3070 again.
Waiting for further direction, or clearer view of the channel boundaries to scalp a bit
We have confirmed support @1.2980, since a load of shorts entered @1.3040, we'll need to go through that level before testing 1.3070 again.
Waiting for further direction, or clearer view of the channel boundaries to scalp a bit
Traders are smartasses
- #76,004
- Mar 16, 2009 11:26am Mar 16, 2009 11:26am
- Joined Jul 2008 | Status: Trader | 1,722 Posts
Wow! Looks like everyone is doubting my trading abilities? That kinda hurts. Well, maybe stings a little.
Up or down, gimme a ticket
- #76,005
- Mar 16, 2009 11:27am Mar 16, 2009 11:27am
- Joined Oct 2008 | Status: Sentiment and Global Macro | 2,321 Posts
But you won't argue about it, right?
LOLNo Ed, it's not in my nature!
Ed you are funny.
- #76,006
- Mar 16, 2009 11:29am Mar 16, 2009 11:29am
- Joined Oct 2008 | Status: sideline is a position | 105,127 Posts
those who can, do. those who cant, talk about those who can
- #76,007
- Mar 16, 2009 11:42am Mar 16, 2009 11:42am
- Joined Mar 2006 | Status: Trade the reaction not the news! | 10,359 Posts
Wow! Looks like everyone is doubting my trading abilities? That kinda hurts. Well, maybe stings a little.
- #76,009
- Mar 16, 2009 11:57am Mar 16, 2009 11:57am
- | Joined Oct 2008 | Status: Trader | 1,035 Posts
ROBOT FOREX
- #76,010
- Mar 16, 2009 12:13pm Mar 16, 2009 12:13pm
- Joined Oct 2008 | Status: sideline is a position | 105,127 Posts
come on euro go up for an hour so that I can sell you
those who can, do. those who cant, talk about those who can
- #76,012
- Mar 16, 2009 1:21pm Mar 16, 2009 1:21pm
- Joined Aug 2008 | Status: Self-proclaimed psychologist | 3,179 Posts
1 double top coming right up!!
Different opinions highly valued, ignorant to slander.
- #76,013
- Mar 16, 2009 1:28pm Mar 16, 2009 1:28pm
- #76,018
- Mar 16, 2009 1:42pm Mar 16, 2009 1:42pm
- | Membership Revoked | Joined Aug 2006 | 11,977 Posts
like i said im fairly new to fx, at least to the point of having no experience in a time of crisis and volatility like this..... im interested to have great detail on what EVERYONE believes is going to happen and why.... i also like charts to show me thanks.... I learn by pictures. theri pretty haha
Whats key to making money is simply, which way is it going, find a safe entry and jump onboard and take it for a ride if the direction changes bail out ASAP cause betting on it changing back to your direction is a bad bet.
Easy
Currently, interesting in a long nearer 24hour sma @1.2950.
Short is also possible a tad higher.
I like my odds of a win at 70%+, and my potential profit to be twice my loss and I also like my loss to be a strict rule otherwise it's too easy to hold and hold and hold in the hope of a turn, thats how accounts get crushed.
Good luck
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
- #76,019
- Mar 16, 2009 1:42pm Mar 16, 2009 1:42pm
- Joined Aug 2008 | Status: Self-proclaimed psychologist | 3,179 Posts
Maybe a dumb question but what are you intending to show with that chart you have posted you think we will break support a 2980 and drop or what exactly do you mean
a double top was suggested. that is only logical given these days reversals come in W's and M's on the Eur/Usd (you should google double top/bottoms). What that chart implies is that since we have hit the high we have already formed what seems to appear as a double top and possibly could form another one here given that 1.2980 gets broken (to be seen). Even so....if looking on a larger time frame and looking at pa since the high as just one wave...we could still potentially form an even bigger M later on. We could even form a h&s with neckline at 1.2865 and shoulderline at 1.2930. In other words..hard to say whats what at this time and pa at the us stock market closing bell will tell us where we are headed next more conclusively..for now..anyones guess. All I do know is for longer term traders who hold long term bear bias..this whole area is ideal to short with stop loss above the current high...regardless of patterns seen or not seen.
Different opinions highly valued, ignorant to slander.
