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  • #104,001
  • Jun 1, 2009 1:25pm Jun 1, 2009 1:25pm
OK I just closed my shorts for about 60 pips. That more than makes up for that order entry I flubbed earlier today before the spike. Recoups everything I made this morning and then some. And, I get to go to sleep w/ no open positions.

It's Miller time.
  • #104,002
  • Jun 1, 2009 1:26pm Jun 1, 2009 1:26pm
Just cashed in all shorts
New voice message: Why are you calling me? If I need you, I'll call you!
  • #104,003
  • Jun 1, 2009 1:29pm Jun 1, 2009 1:29pm
Quoting KillerWhale
Just cashed in all shorts
Will try to get them back at a better level.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #104,004
  • Jun 1, 2009 1:34pm Jun 1, 2009 1:34pm
Long or not ?
"Buy on fear, sell on greed !!!
  • #104,005
  • Jun 1, 2009 1:35pm Jun 1, 2009 1:35pm
Appreceate the input and will heade it, however, I never intended to act on it before it happened. I just meant that the market conditions were right for one and didn't want to miss it because it is a very dependable and lucrative signal.

P.S. its looking better all the time.

Thanks again for the input.

Quoting GrnEydGuy
Hey there... just a friendly piece of advice:

If one continues to "look" for formations one tends to OVER "look" the current market tendencies. Preparing for the possibility of a formation is great but I would not suggest placing orders on the possibility of specific candlestick formations.

Just a thought... good luck!

Personally I believe we have reached a significant, but temporary, Resistance point.

I have several long orders open starting from 3443, but will close most of them if price action retreats past 4140ish.

I posted my...
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 25 KB
  • #104,006
  • Jun 1, 2009 1:35pm Jun 1, 2009 1:35pm
Banks are sleeping so am I.
Gambling with PA
  • #104,007
  • Jun 1, 2009 1:36pm Jun 1, 2009 1:36pm
Quoting KillerWhale
Will try to get them back at a better level.

Here too. I can see another test of the high, or at least the high of the wedge I posted earlier.

Upon next test of 4150 we should bust through if we have any momentum...
  • #104,008
  • Jun 1, 2009 1:40pm Jun 1, 2009 1:40pm
Quoting gurangax
Banks are sleeping so am I.
Smart move! I trade the exact same way! Great minds think alike.
  • #104,009
  • Jun 1, 2009 1:40pm Jun 1, 2009 1:40pm
Quoting Petar_Serbia
Long or not ?
better stay out.
Twitter: @forexpokerpro
  • #104,010
  • Jun 1, 2009 1:44pm Jun 1, 2009 1:44pm
Quoting arthurb
Rogers seem right again, US citizens need to learn to drive tractors, and pretty soon...
Got it covered arthur...

Just need to find another front wheel on ebay so my counterweight can go back to work at McDonalds...

But hey!! Obama said we'll soon have a 60% share in GM now. I'd trade my share for that other front wheel and a couple chickens if anybody is interested. Gator?
Attached Image
FUBAR...
  • #104,011
  • Jun 1, 2009 1:58pm Jun 1, 2009 1:58pm
Quoting F.x.
Here too. I can see another test of the high, or at least the high of the wedge I posted earlier.

Upon next test of 4150 we should bust through if we have any momentum...
I am setting up a long position from around .4150 shootin for day's high but will settle for halfway. From now on I only do what F.x. says (jk)...

OK, now let's watch some paint dry...
"If The Fool persists in his Folly he will become wise." - William Blake
  • #104,012
  • Jun 1, 2009 2:00pm Jun 1, 2009 2:00pm
Quoting Petar_Serbia
Long or not ?

Bolje sacekaj, pusti mi mail imas ga u mom profilu.
  • #104,013
  • Jun 1, 2009 2:22pm Jun 1, 2009 2:22pm
Quoting The Fool
I am setting up a long position from around .4150 shootin for day's high but will settle for halfway. From now on I only do what F.x. says (jk)...

OK, now let's watch some paint dry...

Hey The Fool - Sent you a pm.

Here's my chart... I'm done for the day. Good luck all!
Attached Image (click to enlarge)
Click to Enlarge Name: jun1d.jpg Size: 121 KB
  • #104,014
  • Jun 1, 2009 2:25pm Jun 1, 2009 2:25pm
Quoting The Fool
I am setting up a long position from around .4150 shootin for day's high but will settle for halfway. From now on I only do what F.x. says (jk)...

OK, now let's watch some paint dry...
What does this mean From now on I only do what F.x. says (jk)..?
  • #104,015
  • Edited 2:44pm Jun 1, 2009 2:33pm | Edited 2:44pm
Something to consider....

I want to throw this out into the open so that someone who has more knowledge
on this can inform me correctly. It's well known that the EUR/USD and THE USD/CHF have
an historically (although not constant) inverse relationship. Euro goes up, swissy does the other thing.

And vise versa.

It really appears the Dollar Swiss had both a key reversal and a PIN BAR on the Daily.
At the same time, the Euro doesn't appear to have a Pin Bar, or a key reversal, just a 3rd up candle
with a decent sized wick (about 100 pips) where price was rejected at the highs (altleast for now).

Euro's candle opened, but did not close inside the previous candle's body,
whereas the Dollar swiss did so. Also, the Swissy ended up on the day with a bullish reversal
but the euro also ended posititve - not a reversal, or atleast not a down candle.

So, my question is, is this correct that:

1) we do have a pin bar on the swiss, but,
2) we do not have a valid pin bar on the euro

and, perhaps

3) this could bode well for the Euro/CHF ???

here are screenies:
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eur.PNG Size: 29 KB
Click to Enlarge Name: chf.PNG Size: 27 KB
  • #104,016
  • Jun 1, 2009 2:54pm Jun 1, 2009 2:54pm
Would this help?
Attached Image
New voice message: Why are you calling me? If I need you, I'll call you!
  • #104,017
  • Jun 1, 2009 3:01pm Jun 1, 2009 3:01pm
Quoting KillerWhale
Would this help?
Yes it seems there will be a big down movement, let's see if it can be a deep retracement
  • #104,018
  • Jun 1, 2009 3:06pm Jun 1, 2009 3:06pm
Quoting KillerWhale
Would this help?
This actually worked quite well last week
for the ride down from 140 to 138. Cool gadget you have there.
Do they sell it in an Xtra large ?
Attached Image
  • #104,019
  • Jun 1, 2009 3:18pm Jun 1, 2009 3:18pm
Quoting toshi
This actually worked quite well last week
for the ride down from 140 to 138. Cool gadget you have there.
Do they sell it in an Xtra large ?
I think we go up next days to 1.4350/1.4400
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  • #104,020
  • Jun 1, 2009 3:29pm Jun 1, 2009 3:29pm
Quoting toshi
This actually worked quite well last week
for the ride down from 140 to 138. Cool gadget you have there.
Do they sell it in an Xtra large ?
I'll find out
New voice message: Why are you calling me? If I need you, I'll call you!
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