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  • #89,321
  • Apr 24, 2009 10:41am Apr 24, 2009 10:41am
yeah thoses bounces gaining. im not throwing in the towel till 3435.. but my day candle is telling save my coin.. but the week one is setting on 50% fib. last bar screaming bullish.. but that redline says stop.. i dont know what to do *L*
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those who can, do. those who cant, talk about those who can
  • #89,322
  • Apr 24, 2009 10:42am Apr 24, 2009 10:42am
Quoting Mackeymax
Don't want to be too technical, but this price action could be considered....wait for it.....hinky!
mm

Funny you should mention that, my hinky indicator has been going crazy recently.


My short was stopped out at BE. That means I'll soon be getting an even better bargain for my short position.
  • #89,323
  • Apr 24, 2009 10:44am Apr 24, 2009 10:44am
Quoting F.x.
Funny you should mention that, my hinky indicator has been going crazy recently.


My short was stopped out at BE. That means I'll soon be getting an even better bargain for my short position.
you are still sure that this would go down? though the bullish trend for today?
  • #89,324
  • Apr 24, 2009 10:45am Apr 24, 2009 10:45am
Quoting lloydblankfe
Technologies will lead recovery. The telegraph claimed unrest in Germany is causin some to say a third world war may occur. Europe has also been covering up problems. European banks need way more capital than us they are six times more leveraged. EuropeAN Banks may need 24 trillion dollars in capital.
Original story: "A clutch of political and labour leaders in Germany have raised the spectre of civil unrest after the country's leading institutes forecast a 6pc contraction of gross domestic product this year, a slump reminiscent of 1931 and bad enough to drive unemployment to 4.7m by 2010"

I know you get some kicks coming here posting this stuff and seeing people's reaction, but, come on, let's be a little serious and skip ridiculous inventions, shall we?
  • #89,325
  • Apr 24, 2009 10:47am Apr 24, 2009 10:47am


has the raging bull finally rolled over and died?
Some drink at the fountain of knowledge. Others just gargle !
  • #89,326
  • Apr 24, 2009 10:47am Apr 24, 2009 10:47am
ready to see 1.330 every 1? hopefuly
  • #89,327
  • Apr 24, 2009 10:49am Apr 24, 2009 10:49am
Quoting SunTrader
Not the one I am looking at.
Ok, How about "we're almost there" - that's what I told the kids when they asked how much further.

I have to admit, I did miss the trend change from short to long by almost exactly 100 points. I've been wrong before my friend, but I keep trying.

Time for a coffee yet?
  • #89,328
  • Apr 24, 2009 10:51am Apr 24, 2009 10:51am
Quoting dannies
you are still sure that this would go down? though the bullish trend for today?
Look at the daily, weekly, and monthly charts. I'm not saying it won't go up, but at some point we will have a big drop that will far outweigh any rise from here. That's the wave I want to ride.
  • #89,329
  • Apr 24, 2009 10:52am Apr 24, 2009 10:52am
Quoting F.x.
Funny you should mention that, my hinky indicator has been going crazy recently.


My short was stopped out at BE. That means I'll soon be getting an even better bargain for my short position.
Still SH 1.3230....but this reminds me of fridays past....when you think its turning down and then sloooooowly creeps up for the rest of the day...also 7 wks of dow UP.... methinks a short covering rally maybe at an end...

mm
He who hesitates is hesitant....which always leads to bad entries.
  • #89,330
  • Apr 24, 2009 10:53am Apr 24, 2009 10:53am
Quoting dysan4x
Ok, How about "we're almost there" - that's what I told the kids when they asked how much further.

I have to admit, I did miss the trend change from short to long by almost exactly 100 points. I've been wrong before my friend, but I keep trying.

Time for a coffee yet?
A coffee?? i am 4 deep now and closed my longs from 1.325 and 1.326. Lets call it a week. See you on monday.
Designer by day Trader by night.
  • #89,331
  • Apr 24, 2009 10:58am Apr 24, 2009 10:58am
Quoting Mackeymax
Don't want to be too technical, but this price action could be considered....wait for it.....hinky!


mm

Holy Hinkyness, Batman!!!
"i wake up in the morning, and i piss excellence"
  • #89,332
  • Apr 24, 2009 10:59am Apr 24, 2009 10:59am
Quoting Tenshi28
Original story: "A clutch of political and labour leaders in Germany have raised the spectre of civil unrest after the country's leading institutes forecast a 6pc contraction of gross domestic product this year, a slump reminiscent of 1931 and bad enough to drive unemployment to 4.7m by 2010"

I know you get some kicks coming here posting this stuff and seeing people's reaction, but, come on, let's be a little serious and skip ridiculous inventions, shall we?
hmmm gold is up.. if i lived in europe i would have some gold coins or at least silver.. just in case.. it cant hurt
those who can, do. those who cant, talk about those who can
  • #89,333
  • Apr 24, 2009 11:02am Apr 24, 2009 11:02am
Quoting Mackeymax
Still SH 1.3230....but this reminds me of fridays past....when you think its turning down and then sloooooowly creeps up for the rest of the day...also 7 wks of dow UP.... methinks a short covering rally maybe at an end...

mm
I'm short @ 1.3280.
"i wake up in the morning, and i piss excellence"
  • #89,334
  • Apr 24, 2009 11:03am Apr 24, 2009 11:03am
Quoting dysan4x
Ok, How about "we're almost there" - that's what I told the kids when they asked how much further.

I have to admit, I did miss the trend change from short to long by almost exactly 100 points. I've been wrong before my friend, but I keep trying.

Time for a coffee yet?
We are still near the high of the day, high of the week. I'd wait for more downside before saying the trend is over.

Although we are at weekly R1, I'm thinking we hold or move a little higher the rest of the day and then a retrace to start next week off.

Who knows.
  • #89,335
  • Apr 24, 2009 11:05am Apr 24, 2009 11:05am
I think we have seen the high for today. But Monday? What about a double top @ 1.3391?
Keeping long from 1.3004 open over the weekend. No s/l for weekends.
Have a nice weekend all. I'm off.
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New voice message: Why are you calling me? If I need you, I'll call you!
  • #89,336
  • Apr 24, 2009 11:05am Apr 24, 2009 11:05am
I'm sure there is a really good opportunity here, but as stated earlier this market is a little to hinky for me to play with. I will see you all outside in the sunshine.

Stage Right
  • #89,337
  • Apr 24, 2009 11:06am Apr 24, 2009 11:06am
We may see the top of the 4hr channel today.... 1.3360/1.3388ish
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  • #89,338
  • Apr 24, 2009 11:09am Apr 24, 2009 11:09am
Quoting KillerWhale
I think we have seen the high for today. But Monday? What about a double top @ 1.3391?
Keeping long from 1.3004 open over the weekend. No s/l for weekends.
Have a nice weekend all. I'm off.

Don't jinx it!! every time someone says the high has been hit, this mofo keeps going higher. Have a great weekend.
"i wake up in the morning, and i piss excellence"
  • #89,339
  • Apr 24, 2009 11:11am Apr 24, 2009 11:11am
Quoting Mr. Freeweed
I'm sure there is a really good opportunity here, but as stated earlier this market is a little to hinky for me to play with. I will see you all outside in the sunshine.

Stage Right
question mr. freeweed, do you like to trade around 4:20pm? lol also, you must always heed the hinkyness.
"i wake up in the morning, and i piss excellence"
  • #89,340
  • Apr 24, 2009 11:15am Apr 24, 2009 11:15am
Quoting SunTrader
We are still near the high of the day, high of the week. I'd wait for more downside before saying the trend is over.

Although we are at weekly R1, I'm thinking we hold or move a little higher the rest of the day and then a retrace to start next week off.

Who knows.
i have a pending short entry at 1.3370 with a 100 pip stop ,
otherwise i will remain on the sidelines until we are firmly below 1.32
Some drink at the fountain of knowledge. Others just gargle !
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