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  • #92,681
  • May 5, 2009 11:04am May 5, 2009 11:04am
Quoting blindpeach
I hope this go down lol , im short target 1,3310 , but its going other way now ..maybe go other way ? what do you guys think ? thanks

Rafael
the trend has been up lately.. it hasnt gone down as much as thought..the whole reason many shorted was they thougt it would go down. (Ben B news). but it hasnt yet with much oportunity to do so.. its not my money but a dog with no legs cant run..if so he would of already left.
those who can, do. those who cant, talk about those who can
  • #92,682
  • May 5, 2009 11:06am May 5, 2009 11:06am
Quoting gatorinla
the trend has been up lately.. it hasnt gone down as much as thought..the whole reason many shorted was they thout it would go down.. but it hasnt yet with much oportunity.. its not my money but a dog with no legs cant run..if so he would of already left.
Gatorinla thanks for your message , i thought that the EUR would fall because of the possible rate cut.. will see..lol

Thanks
  • #92,683
  • May 5, 2009 11:07am May 5, 2009 11:07am
lunch time for the big boys. Man; I hope they get good and liquored up for some movement this afternoon.
Pip what you see; See what you pip!
  • #92,684
  • May 5, 2009 11:20am May 5, 2009 11:20am
Quoting gatorinla
the trend has been up lately.. it hasnt gone down as much as thought..the whole reason many shorted was they thougt it would go down. (Ben B news). but it hasnt yet with much oportunity to do so.. its not my money but a dog with no legs cant run..if so he would of already left.
I like this Part

“We continue to expect economic activity to bottom out, then to turn up later this year,” Bernanke said today.
  • #92,685
  • May 5, 2009 11:21am May 5, 2009 11:21am
Quoting blindpeach
Atlast , and maybe it went on the "peak" for today , and go down now ? any shorts in progress for you ?

Thanks man.
No shorts. Have traded a lot today. Possibility of trader error makes me cautious of not overtrading today, which I haven't yet.
  • #92,686
  • May 5, 2009 11:24am May 5, 2009 11:24am
Quoting Atlast
No shorts. Have traded a lot today. Possibility of trader error makes me cautious of not overtrading today, which I haven't yet.
I did a lot of trades today , good longs and shorts , but after shorted eurusd to 133,10 (target) , did above 60 pips should stay away ,lol always my fault do 5 or 6 good entries and 1 bad loool

take care .

Anyone with any sugestion for the Direction today'? lol
  • #92,687
  • May 5, 2009 11:24am May 5, 2009 11:24am
Quoting SeerEye
lunch time for the big boys. Man; I hope they get good and liquored up for some movement this afternoon.
Already had their lunch, in Europe.
  • #92,688
  • May 5, 2009 11:26am May 5, 2009 11:26am
Some longer TF EU observations here
FUBAR...
  • #92,689
  • May 5, 2009 11:32am May 5, 2009 11:32am
Quoting ak4x
Some longer TF EU observations here
What indicators do you use to form your fibs like that for you? I like how they are laid out...
Designer by day Trader by night.
  • #92,690
  • May 5, 2009 11:33am May 5, 2009 11:33am
Quoting ak4x
Some longer TF EU observations here
Zoom out of binoculars gives me this today. When Confused, I zoom out.
The power of a trend in long time frame.
Attached Image (click to enlarge)
Click to Enlarge Name: $EURUSD 05_05_2009 (240 Min)-trend.jpg Size: 51 KB
  • #92,691
  • May 5, 2009 11:36am May 5, 2009 11:36am
Quoting blindpeach
Gatorinla thanks for your message , i thought that the EUR would fall because of the possible rate cut.. will see..lol

Thanks
still might but not because of speech
those who can, do. those who cant, talk about those who can
  • #92,692
  • May 5, 2009 11:44am May 5, 2009 11:44am
M30 PA abnormal, I see some protection to the upside for some time, but not much time.

My view for next days will depend how fast price will reach around 1.3177 or some pips below, all about timing.

I am holding my shorts, I hope I will not be naked this time, market can simple "Eat" my shorts anytime soon.

1.3100 it is a number to watch. If we have a daily close below 1.3100 time to drop, but beware that this number will be a very volatile number, we can see here or false break or damn of a break, when you see it already below 1.3000.
  • #92,693
  • May 5, 2009 11:46am May 5, 2009 11:46am
Potential Breakouts everywhere to Here or There becuz of This or That, and that doesn't even include that Other Thing...

...but at the end of the day (or nearly so), it's all still in the Box.

Do you have a Plan for that?
Attached Image
FUBAR...
  • #92,694
  • May 5, 2009 11:48am May 5, 2009 11:48am
Quoting mmeador
What indicators do you use to form your fibs like that for you?..
It's all built into the magic of Accucharts for me, I don't know of any MT4 fib tools that are that tweakable, but it'd be nice if there are some... sorry.
FUBAR...
  • #92,695
  • May 5, 2009 11:50am May 5, 2009 11:50am
At pivot. This is where you know whether to add or subtract from those shorts
  • #92,696
  • May 5, 2009 11:56am May 5, 2009 11:56am
Quoting blindpeach
I did a lot of trades today , good longs and shorts , but after shorted eurusd to 133,10 (target) , did above 60 pips should stay away ,lol always my fault do 5 or 6 good entries and 1 bad loool

take care .

Anyone with any sugestion for the Direction today'? lol
I did one trade today. Shorted at 1.34249. It's still in play, and my SL is moved to about +52 pips right now.

Regarding your question.. nobody has the answer to that. But we'll know soon :-)
  • #92,697
  • May 5, 2009 12:00pm May 5, 2009 12:00pm
For the short-timers, of which I am not though -

Andrews pitchfork that so far is being respected:
Attached Image (click to enlarge)
Click to Enlarge Name: EU.png Size: 45 KB
  • #92,698
  • May 5, 2009 12:00pm May 5, 2009 12:00pm
Quoting ak4x
Potential Breakouts everywhere to Here or There becuz of This or That, and that doesn't even include that Other Thing...

...but at the end of the day (or nearly so), it's all still in the Box.

Do you have a Plan for that?
Just looking at the chart it says 2 things to me, contracting volatility from bollinger band, and some wild swings from candle tails are to be anticipated. Could just see a consolidation, then a breakout trade, as you say
  • #92,699
  • May 5, 2009 12:08pm May 5, 2009 12:08pm
Quoting SunTrader
For the short-timers, of which I am not though -

Andrews pitchfork that so far is being respected:

  • #92,700
  • May 5, 2009 12:09pm May 5, 2009 12:09pm
Quoting ak4x
It's all built into the magic of Accucharts for me, I don't know of any MT4 fib tools that are that tweakable, but it'd be nice if there are some... sorry.
dont know if this is what you were talking about but you may be able to change percentage on fibs mt4.. but it did not work for me... it does have an add option..
those who can, do. those who cant, talk about those who can
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