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  • #96,001
  • May 14, 2009 2:07am May 14, 2009 2:07am
Quoting perrier
I have seen you taking good pips based on retracement.

Good trading!
thanks!
lack of a clear trend direction leaves us with no choice but to pick up scraps
Some drink at the fountain of knowledge. Others just gargle !
  • #96,002
  • May 14, 2009 2:09am May 14, 2009 2:09am
market is very fishy to me
I SEE YOU !!
  • #96,003
  • May 14, 2009 2:09am May 14, 2009 2:09am
Quoting dbfusion
good luck

but why this level ?

mine is 3566
well support seems to be around there...and seems like its heading that way..then again i could be wrong...
  • #96,004
  • May 14, 2009 2:12am May 14, 2009 2:12am
Quoting megabuck
well support seems to be around there...and seems like its heading that way..then again i could be wrong...
wish you all the luck in the world
I SEE YOU !!
  • #96,005
  • May 14, 2009 2:12am May 14, 2009 2:12am
i just came accross a website that says to short his pair and target 1.3410 SL 1.3660.....
  • #96,006
  • May 14, 2009 2:14am May 14, 2009 2:14am
i think the market has potential to get to the 70 area on RSI
Attached Image (click to enlarge)
Click to Enlarge Name: untitled.JPG Size: 142 KB
CrizZzZzZzZz
  • #96,007
  • May 14, 2009 2:18am May 14, 2009 2:18am
Man that Stagg chili's really startin to kick in.

I'd like a dip below 3500 and it would be nice to have that by 0200 PDT - I could really use a good night's sleep for a change.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #96,008
  • May 14, 2009 2:19am May 14, 2009 2:19am
Quoting ak4x
I looked at your 30m chart, and thought you might like to see mine...

I'm short.

MA's are red = 50ema, and black = 200sma
Same here. 50ema and 200sma.

Was targeting 50% fib (3590~) for an entry but didn't materialize. Definitely heading down as I type now. Too late for me to go in now.

Well, there's always another window round the corner.

Cheers!
  • #96,009
  • May 14, 2009 2:20am May 14, 2009 2:20am
it touched the 1.3550+ area sooo many times
  • #96,010
  • May 14, 2009 2:21am May 14, 2009 2:21am
Quoting IcoHristovBG
i think the market has potential to get to the 70 area on RSI
There you answered it yourself.
  • #96,011
  • May 14, 2009 2:21am May 14, 2009 2:21am
Quoting The Fool
Man that Stagg chili's really startin to kick in.

I'd like a dip below 3500 and it would be nice to have that by 0200 PDT - I could really use a good night's sleep for a change.
so u better wake ur bear friends ,and start digging the trend
CrizZzZzZzZz
  • #96,012
  • May 14, 2009 2:22am May 14, 2009 2:22am
Quoting Atlast
There you answered it yourself.
but are u thinking the same mate ?
CrizZzZzZzZz
  • #96,013
  • May 14, 2009 2:23am May 14, 2009 2:23am
Quoting plan-b
closed at 1.3585 +30

short at 1.3582
closed at 1.3564 +18
Some drink at the fountain of knowledge. Others just gargle !
  • #96,014
  • May 14, 2009 2:27am May 14, 2009 2:27am
equities down across the pond, oil futures down, but DJIA futures going green....might be one to sleep on
"If The Fool persists in his Folly he will become wise." - William Blake
  • #96,015
  • May 14, 2009 2:27am May 14, 2009 2:27am
Quoting IcoHristovBG
but are u thinking the same mate ?
yes, but you are looking at the 4 hr TF
  • #96,016
  • May 14, 2009 2:28am May 14, 2009 2:28am
Quoting Atlast
yes, but you are looking at the 4 hr TF
yes i know , its like 1 or 2 bars away , i think this will be the only position that i will have for today , market is not in mood , at this time it was more active yesterday
CrizZzZzZzZz
  • #96,017
  • May 14, 2009 2:31am May 14, 2009 2:31am
Quoting dbfusion
market is very fishy to me
Yes, thank you.

Fishy

  • #96,018
  • May 14, 2009 2:32am May 14, 2009 2:32am
I'm hoping it's finished with the 1.3570 area, and is eventually on it's way down.
Good Trading. (keep it simple).
  • #96,019
  • May 14, 2009 2:33am May 14, 2009 2:33am
Just a note here to consider... especially if you're inclined to the long side of things.

Price has tried but failed several times now to close above both the M2 pivot and the 79% fib.

On the other hand there was a strong bear move out of the gate at the 5pm open. It's my opinion there's some unloading going on and the bears are only too happy to reload at the peaks, such as they are.

I'd actually be real happy to see another move up to 3650/80 to complete a clean right shoulder on my shampoo in progess (or not) to confirm a failure at the upper levels, but that may not be the case.

We're going to start running out of time for this week to produce a clear move and may have to settle for more murk into next week.

In any event, I'm done and gone and pips all put away. Open short from 82, scaled out and +3 locked. G'nite and trade careful
Attached Image
FUBAR...
  • #96,020
  • May 14, 2009 2:34am May 14, 2009 2:34am
2 trades since role over short on ej and gu up 3.5% .. nap time entries and alarms set...

good luck
those who can, do. those who cant, talk about those who can
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