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  • #89,101
  • Apr 24, 2009 1:24am Apr 24, 2009 1:24am
Quoting 2 + 2 = 4ex
that's my cue to buy...especially the more people that second that

1.3140 was a big fib level
1.3199 is next major resistance..i highly doubt we will go past that one.
I actually think its a good place to sell
Some drink at the fountain of knowledge. Others just gargle !
  • #89,102
  • Apr 24, 2009 1:25am Apr 24, 2009 1:25am
Quoting Jay Walker
Round kick some pips.
Go Chuck!
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #89,103
  • Apr 24, 2009 1:25am Apr 24, 2009 1:25am
Quoting eaglestar
you sure its 95 and not 88?
Unless you're talking to Chuck Norris, he can't be sure.
  • #89,104
  • Apr 24, 2009 1:26am Apr 24, 2009 1:26am
Quoting plan-b
1.3140 was a big fib level
1.3199 is next major resistance..i highly doubt we will go past that one.
I actually think its a good place to sell
Confidence in buying is growing....hehehe
  • #89,105
  • Apr 24, 2009 1:29am Apr 24, 2009 1:29am
Quoting 2 + 2 = 4ex
Unless you're talking to Chuck Norris, he can't be sure.
these fib levels were pretty sure.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd042309-15.gif Size: 19 KB
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #89,106
  • Apr 24, 2009 1:33am Apr 24, 2009 1:33am
Quoting eaglestar
these fib levels were pretty sure.
Then that has to be Chuck disguised as fib levels
  • #89,107
  • Apr 24, 2009 1:34am Apr 24, 2009 1:34am
Quoting 2 + 2 = 4ex
Confidence in buying is growing....hehehe
chart resistance coupled with the barrage of news events on today's calendar could turn that around in a minute

nikkei has closed -1.6%
Some drink at the fountain of knowledge. Others just gargle !
  • #89,108
  • Apr 24, 2009 1:37am Apr 24, 2009 1:37am
Quoting plan-b
chart resistance coupled with the barrage of news events on today's calendar could turn that around in a minute

nikkei has closed -1.6%
i would like one more shot at 3188 and then it can head south all it wants
  • #89,109
  • Apr 24, 2009 1:37am Apr 24, 2009 1:37am
Quoting 2 + 2 = 4ex
Confidence in buying is growing...
Waiting to open short... But I may be wrong...
{Promotion Removed}
  • #89,110
  • Apr 24, 2009 1:38am Apr 24, 2009 1:38am
Im in a sell eurusd at 1.3187 thinking it will be a bad equity day. Yet im in a buy usdjpy at 97.00 also.

These two does not seem like in agreement with each other..
  • #89,111
  • Apr 24, 2009 1:40am Apr 24, 2009 1:40am
Quoting jesjack
i would like one more shot at 3188 and then it can head south all it wants
you will get 1.3199 very soon( in 2 hours or less)
Some drink at the fountain of knowledge. Others just gargle !
  • #89,112
  • Apr 24, 2009 1:47am Apr 24, 2009 1:47am
Quoting forexsys1
Waiting to open short... But I may be wrong...
I'll wait and see if it can touch today's R1
The trend is your friend and you is your enemy - MJ
  • #89,113
  • Apr 24, 2009 1:50am Apr 24, 2009 1:50am
Quoting KillerWhale
I have 1 trade long open from 1.3004 and for this trade I decided to push my patience to the limits.
I will not close this trade until the Gann HiLo 4 H (the Blue Line) tells me to do so.
Take a good look at this chart and see what you get when you just follow this indicator.
For entries you have to look at smaller time frames but look where this indicator gets you. Look at the past performance and see how big the moves are.
If you can fight the patience issue that comes with trading the 4 hour chart, this is an easy way to win in the long term.
I'm...
I wish to congratulate you on your success in reading your chart well as compared to your previous takes a couple of weeks ago. I have noticed a marked improvement in your trade calls as exuded in your new sense of confidence which is only natural as one technical efficiency is improved.
Pls accept my compliment and I have no doubt that you will be even a better trader in the near future if you can add some esoteric indicator to enhance your already "advantaged" chart to a higher plane of success.

In my own limited experience, Gann is more effective when applied to rangey market conditions.

Hope your success can serve as a positive impetus to some of the struggling aspiring traders out there so as to keep on trying and not to lose hope.....

Well done.
  • #89,114
  • Apr 24, 2009 1:52am Apr 24, 2009 1:52am
Quoting jpa0827
Well, If i works for you then great. If not, then I strongly recommend your next strategy be price action trading. To me, there is no better way. Good luck!

Hey pal can you show a demonstration of price action trading for us newbies?? Been susing a method similar to the confusing jumbo there and it doesnt work so well.
  • #89,115
  • Apr 24, 2009 1:54am Apr 24, 2009 1:54am
Hello All
Just been trading for 3 months.
Ragnakore and Jesjack, can you please enlighten me on the significance of 1.3188/87? I see price has bounced off that point.
Thanks
Thanks for your help, warmth and straight talking Heather.
  • #89,116
  • Apr 24, 2009 1:59am Apr 24, 2009 1:59am
Quoting voyailo
Hey pal can you show a demonstration of price action trading for us newbies?? Been susing a method similar to the confusing jumbo there and it doesnt work so well.
try this www.babypips.com
The trend is your friend and you is your enemy - MJ
  • #89,117
  • Apr 24, 2009 2:09am Apr 24, 2009 2:09am
Quoting plan-b
you will get 1.3199 very soon( in 2 hours or less)
before two hours...thanks.. what are you thinking now if you dont mind?
  • #89,118
  • Apr 24, 2009 2:21am Apr 24, 2009 2:21am
Quoting jesjack
before two hours...thanks.. what are you thinking now if you dont mind?

it has just touched 1.3197 and turned..
that could be the furthest it goes before going back below 1.29
i have added to my short
Some drink at the fountain of knowledge. Others just gargle !
  • #89,119
  • Apr 24, 2009 2:23am Apr 24, 2009 2:23am
Quoting Arslan
Its more of a waiting game if you wana trade big one, the good news from european markets also failed to push eur/usd up.

Getting into any trade at this time will be very risky. Lets wait or two big news from US which are unemployment claims and home sales. They may help set new course for eur/usd.

The rumors of recession ending up in US are also makin dollar stronger against other currencies.

Regards
Now that the two big news have came and gone, I am still awaiting for your cue.....
Do I still wait or what ????

Thx
  • #89,120
  • Apr 24, 2009 2:27am Apr 24, 2009 2:27am
german ifo bussiness climate data is coming out in just over half an hour

then an hour from now the english gdp

careful pippin all...this thing can go north for another 100pips...or drop like a rock. my charts are telling me a drop is more likely as we have reached the upper wall of the current uptrend but will remain flat tonight as too much data coming out

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