Trade what you see NOT what you expect | Page 285 | Forex Factory

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Trade what you see NOT what you expect

  • #5,681
  • Apr 2, 2009 11:48am Apr 2, 2009 11:48am
Quoting almo
This is exactly what I am doing as well.

I think we are heading for a retest of 4986
Yes... I am looking at this area as well and I see a possibility of even higher than that...
However, it has to pass 4780 first... which I think it will, and if it does, we will have the first higher high on the monthly since we started this downmove last year...
Patience + Discipline - Greed = Success
  • #5,682
  • Apr 2, 2009 11:49am Apr 2, 2009 11:49am
Quoting eohater
I know bro! I'm not taking a short position just yet, but it is something to consider. My lonely long from 4332 is still marching as well, but I've moved him to +350 on coverage.
Nice job bro......

I still need to see this break of last week high.

Are sellers sitting up there waiting.....NFP tomorrow.

Hopefully 5pm eastern will give a better picture.

HOLLA
  • #5,683
  • Edited 11:52am Apr 2, 2009 11:50am | Edited 11:52am
Quoting eohater
How about a $1 Trillion dollar pledge to the economy?

http://www.bloomberg.com/apps/news?p...hPk&refer=home
I was watching it on bbc... very interesting developments...
Patience + Discipline - Greed = Success
  • #5,684
  • Apr 2, 2009 11:55am Apr 2, 2009 11:55am
Quoting eohater
How about a $1 Trillion dollar pledge to the economy?

http://www.bloomberg.com/apps/news?p...hPk&refer=home
Unemployment must go down and banks must lend, otherwise this is another band-aid.

HOLLA
  • #5,685
  • Apr 2, 2009 11:56am Apr 2, 2009 11:56am
This thing is really struggling at 4750...
Patience + Discipline - Greed = Success
  • #5,686
  • Apr 2, 2009 11:57am Apr 2, 2009 11:57am
Damn, may have to get under the desk again, it is getting nasty here.
  • #5,687
  • Apr 2, 2009 11:57am Apr 2, 2009 11:57am
Quoting Turtle
Unemployment must go down and banks must lend, otherwise this is another band-aid.

HOLLA
Thats what I think too..
Patience + Discipline - Greed = Success
  • #5,688
  • Apr 2, 2009 11:58am Apr 2, 2009 11:58am
Quoting Infinity
This thing is really struggling at 4750...
We only have 3 pip higher high on h1.
Just digging in the trenches like everyone else!
  • #5,689
  • Apr 2, 2009 11:59am Apr 2, 2009 11:59am
Quoting Infinity
I was watching it on bbc... very interesting developments...
Yep ,th TAX PAYER is going to be stuffed as usual.....

baz
  • #5,690
  • Apr 2, 2009 11:59am Apr 2, 2009 11:59am
Quoting PippiNole
Damn, may have to get under the desk again, it is getting nasty here.
Our tornados here in the midwest will begin in the middle of the month.
Just digging in the trenches like everyone else!
  • #5,691
  • Apr 2, 2009 12:00pm Apr 2, 2009 12:00pm
Quoting baz
Yep ,th TAX PAYER is going to be stuffed as usual.....

baz
Their already stuffing tax payers here in the states.
Just digging in the trenches like everyone else!
  • #5,692
  • Apr 2, 2009 12:01pm Apr 2, 2009 12:01pm
Let's see how this test of 4750 holds on the run up.
Just digging in the trenches like everyone else!
  • #5,693
  • Apr 2, 2009 12:02pm Apr 2, 2009 12:02pm
Quoting eohater
We only have 3 pip higher high on h1.
I see it bro.... but I don't trust a short atm...
Patience + Discipline - Greed = Success
  • #5,694
  • Apr 2, 2009 12:02pm Apr 2, 2009 12:02pm
well done mate.
Very methodical.
Quoting ezmystic
, yes profitable in both directions, just lock in
sorry for messy chart
  • #5,695
  • Apr 2, 2009 12:02pm Apr 2, 2009 12:02pm
Quoting eohater
Their already stuffing tax payers here in the states.
But this is what i dont get....why arent the US tax payer complaining?...

baz
  • #5,696
  • Apr 2, 2009 12:03pm Apr 2, 2009 12:03pm
Quoting baz
Yep ,th TAX PAYER is going to be stuffed as usual.....

baz
Yup.... "This is the day the world came together to fight back against the global recession.."
Patience + Discipline - Greed = Success
  • #5,697
  • Apr 2, 2009 12:05pm Apr 2, 2009 12:05pm
What is the price you guys have at the 100sma on the daily.. ?
Patience + Discipline - Greed = Success
  • #5,698
  • Apr 2, 2009 12:05pm Apr 2, 2009 12:05pm
GBP_USD Spot.png

15 min Rising Wedge

baz
Attached Image (click to enlarge)
Click to Enlarge Name: GBP_USD Spot.png Size: 15 KB
  • #5,699
  • Apr 2, 2009 12:06pm Apr 2, 2009 12:06pm
Quoting baz
But this is what i dont get....why arent the US tax payer complaining?...

baz
They are, the media isn't covering it.
  • #5,700
  • Apr 2, 2009 12:06pm Apr 2, 2009 12:06pm
Quoting baz
But this is what i dont get....why arent the US tax payer complaining?...

baz
Give it time.........

The news has everyone believe that a bottom is in....but when folks look at their 401K, it saids otherwise.

Like I said, if unemployment doesn't come down, with tobacco and probably gas going up this summer, I would not be surprise to see some riots.

HOLLA
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