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  • #91,941
  • May 1, 2009 11:55am May 1, 2009 11:55am
Quoting Bigfx
I am looking shorts london monday morning look at the divergence on the 4hr
im think of doing a buylimit to catch it after it drops just trying to figure out what others see to figure out best spot.
  • #91,942
  • May 1, 2009 11:58am May 1, 2009 11:58am
Quoting dysan4x
This week has been make a killing or be killed. I'm slightly negative on the week too and finally got a decent entry +50 at this time. Don't want to close it but too close to leave it open for fear of the "gap". Decisions decisions....
Have you thought about hedging your position with ?/Ch?
  • #91,943
  • May 1, 2009 12:00pm May 1, 2009 12:00pm
Quoting Bigfx
I am looking shorts london monday morning look at the divergence on the 4hr
Yeah big divergence looks clearer to me on the 1hr
  • #91,944
  • May 1, 2009 12:06pm May 1, 2009 12:06pm
Quoting Atlast
I think we both use the same exact method
Somehow I doubt that. I said I did one trade this week.
  • #91,945
  • May 1, 2009 12:11pm May 1, 2009 12:11pm
Quoting SunTrader
Somehow I doubt that. I said I did one trade this week.
Your analysis works on several TF, Check out the 4 hr even, and I also use Daily and got those levels marked off. I do take many trades intraday and prefer not to hold overnight unless I have a 'prediction' i am watching unfold over several days/weeks. It has a habit of gap up or down to not allow other traders to get in as over the weekend analysis everyone can see the likely direction
  • #91,946
  • May 1, 2009 12:13pm May 1, 2009 12:13pm
Quoting PipLand
Yeah big divergence looks clearer to me on the 1hr
so do you think it could go to 3000/2980 area?
  • #91,947
  • May 1, 2009 12:16pm May 1, 2009 12:16pm
Quoting jesjack
so do you think it could go to 3000/2980 area?
Jesjack, wont know till monday or tues. Mon is a bank hol here (UK)

If dow continues its current direction lower then I would be very surprised not to see EU follow it down. my target is below 1.3050
  • #91,948
  • May 1, 2009 12:18pm May 1, 2009 12:18pm
Quoting PipLand
Jesjack, wont know till monday or tues. Mon is a bank hol here (UK)

If dow continues its current direction lower then I would be very surprised not to see EU follow it down. my target is below 1.3050
thanks i appreciate it.. have a good weekend
  • #91,949
  • May 1, 2009 12:19pm May 1, 2009 12:19pm
Quoting SunTrader
I mostly swing trade - never, ever scalp. But here is the one and only trade I took this week. Short off of yesterday's high, which was an ABC 2 step pattern at 100% fib projection right into 50% line of an Andrews pitchfork:
Nice, thanks for sharing.

I need to develop that sort of discipline!
"The markets are the greatest chess match ever played."
  • #91,950
  • May 1, 2009 12:21pm May 1, 2009 12:21pm
Quoting jesjack
so do you think it could go to 3000/2980 area?
I'm not butting in, JesJack, but what method are you trying to trade?
  • #91,951
  • May 1, 2009 12:23pm May 1, 2009 12:23pm
Quoting dysan4x
This week has been make a killing or be killed. I'm slightly negative on the week too and finally got a decent entry +50 at this time. Don't want to close it but too close to leave it open for fear of the "gap". Decisions decisions....
Yeah holding into the w/e is always dicey. Hopefully things are better/more tradable next week!
"The markets are the greatest chess match ever played."
  • #91,952
  • May 1, 2009 12:28pm May 1, 2009 12:28pm
Quoting PipLand
Jesjack, wont know till monday or tues. Mon is a bank hol here (UK)

If dow continues its current direction lower then I would be very surprised not to see EU follow it down. my target is below 1.3050
Pipland, can you imagine the UK shutting down all businesses and non-essential government services for 5 days if that flu ever claimed less than 100 fatalaties, as Mexico has done with a population of about 3 times at least in their Capital?
And can you imagine what that would mean for the Ģ
  • #91,953
  • May 1, 2009 12:32pm May 1, 2009 12:32pm
Quoting jesjack
thanks i appreciate it.. have a good weekend
No problem JesJack, thanx and have a great weekend yourself and the same to everyone else
  • #91,954
  • May 1, 2009 12:35pm May 1, 2009 12:35pm
Keep in mind for next week something I heard earlier.

The last 4 FOMC rate announcements caused EU to have a top each time within a day or two, then trade down or sideways for awhile.



  • #91,955
  • May 1, 2009 12:35pm May 1, 2009 12:35pm
Quoting Atlast
Pipland, can you imagine the UK shutting down all businesses and non-essential government services for 5 days if that flu ever claimed less than 100 fatalaties, as Mexico has done with a population of about 3 times at least in their Capital?
And can you imagine what that would mean for the Ģ
OH yes i have thought about what would happen if we had a few cases of the flu over here! Apparently we are well prepared but thats utter BS. We cant even be prepared for snow, what the f#'!k would we do with a killer flu!

def something to think about if I was a long term stock trader I would be following this very very closely! Im off have a great weekend
  • #91,956
  • May 1, 2009 12:37pm May 1, 2009 12:37pm
Quoting PipLand
OH yes i have thought about what would happen if we had a few cases of the flu over here! Apparently we are well prepared but thats utter BS. We cant even be prepared for snow, what the f#'!k would we do with a killer flu!

def something to think about if I was a long term stock trader I would be following this very very closely! Im off have a great weekend
Have a great weekend too.
  • #91,957
  • Edited 2:13pm May 1, 2009 1:52pm | Edited 2:13pm
Quoting arthurb
Say stop to your suffering, why don't you just give your money voluntarily to me ?
I am gonna get em anyway.
LOL , keep dreamind dude:
You won't have my money , not even in your best dreams.
Considering 90 % of forex traders are losing...probability is , quess what : that you are one of them
Or what , you discovered a winning strategy ?
Could you please share it with us , the forum members, to enlight us , if you are so good ?

Dude, told u, u have to work hard and sweat for the money...nobody will donate to you..., you keep asking here for donations,
you keep saying to give u my money ....are you a begger ?
  • #91,958
  • Edited 3:55pm May 1, 2009 2:47pm | Edited 3:55pm
http://www.cftc.gov/dea/futures/deacmesf.htm

Now,

I see you dont like giving you money to me, ok no problem there since we are not talking about big sums, and 100 usd wouldn't do me any good, but before opening live account with non regulated brokers, consider giving them to the "Red Cross", "Salvation Army", etc. but not to some Scientologist, or any Jehovah Witnesses, bcs your money is just lost, either you like it or not, and if you want to quote me, do it properly, and don't cut the whole contents of my above mentioned post.

Quoting arthurb
Say stop to your suffering, why don't you just give your money voluntarily to me ? Why bother suffering with Non-NFA brokers in Antigua, Seychelles, etc.
I am gonna get em anyway.

PM me and i will give you my account in the states, i will make an offer of (2% plus Libor) discount if you do it before 15 of May, for anything less than 100 usd, if more than this, which i doubt, there will be other offers, of course.

regards
Arthur
PS, I am after your money
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  • #91,959
  • May 1, 2009 6:58pm May 1, 2009 6:58pm
Quoting arthurb
http://www.cftc.gov/dea/futures/deacmesf.htm

Now,

I see you dont like giving you money to me, ok no problem there since we are not talking about big sums, and 100 usd wouldn't do me any good, but before opening live account with non regulated brokers, consider giving them to the "Red Cross", "Salvation Army", etc. but not to some Scientologist, or any Jehovah Witnesses, bcs your money is just lost, either you like it or not, and if you want to quote me, do it properly, and don't cut the whole contents of my above mentioned post.



PS,...
I've been reading your posts (not to in depth) and just wanted to say
{Ok, I wanted to say your the kind of a$$ hole I can identify with, but that wouldn't be nice}
  • #91,960
  • May 1, 2009 7:37pm May 1, 2009 7:37pm
Hey Jwalker;

Sorry for the rude answer mate. I didnīt catch yor drift at the right time.
My bad.
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