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  • #104,681
  • Edited 1:56pm Jun 2, 2009 1:49pm | Edited 1:56pm
Quoting traderathome
Yep. This pump started with volume, which has peetered out. The Divergence show on this M15 chart spells doom for any more significant and lasting upside, imho.

Edit: My outlook for this is the second chart.
I shorted the same divergence you saw there but i think i made a mistake, (very premature entry) anyway let's see the day close, not chickening yet.

Oil at 69.05 but looks like some selling is going on there
  • #104,682
  • Jun 2, 2009 1:51pm Jun 2, 2009 1:51pm
Quoting ak4x
.... Sounds more like wishful thinking on your part than anything I actually said. I've been wading thru Deep Hooey along with a number of other gluttons for punishment here for quite awhile and most of Us are still here ((tho frequently I don't know why)).


A well written reply, you're obviously a sharp guy. I genuinely thought that you stated that but thanks for correcting me.
  • #104,683
  • Jun 2, 2009 1:51pm Jun 2, 2009 1:51pm
Quoting Alihuzaifa
i am not going to sleep untill i short Euros lolll
What the heck is stopping you, this is as good a place as any other you guys have been picking. Go ahead get some sleep you know you want to.
  • #104,684
  • Jun 2, 2009 1:54pm Jun 2, 2009 1:54pm
Quoting knuckledrag
What the heck is stopping you, this is as good a place as any other you guys have been picking. Go ahead get some sleep you know you want to.

Ali,

Practice + Discipline + Patience - - Greed = Success


Remember the Golden Words!
  • #104,685
  • Jun 2, 2009 1:55pm Jun 2, 2009 1:55pm
Quoting Alihuzaifa
Pivot indicator.
can you show me a chart on how you use it? i have pivots up and many times they work just haven't figured out how to trade them fully. i use more s/r trendlines and fibs with pivot convergences thrown in.
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #104,686
  • Jun 2, 2009 1:55pm Jun 2, 2009 1:55pm
Quoting Turtle4x
will you enter short or long above 1.4366 ?
But I will see next H4 candles to decide if enter at that level or no.

Be careful entering Above 5%MM shorts.

I am seeing further up moves, only H4 and Daily are extreme Overbought, but cautious.
  • #104,687
  • Jun 2, 2009 1:57pm Jun 2, 2009 1:57pm
Quoting eaglestar
can you show me a chart on how you use it? i have pivots up and many times they work just haven't figured out how to trade them fully. i use more s/r trendlines and fibs with pivot convergences thrown in.
http://www.babypips.com/school/how_t...ot_points.html
  • #104,688
  • Jun 2, 2009 1:58pm Jun 2, 2009 1:58pm
Quoting eaglestar
can you show me a chart on how you use it? i have pivots up and many times they work just haven't figured out how to trade them fully. i use more s/r trendlines and fibs with pivot convergences thrown in.
put that indicator on ur charts and read this excellent artical to use pivots...pivots is number one technical indicator for me simple and effective.

read pivot point strategy amazingly it works.

http://www.fxpivot-points.com/
  • #104,689
  • Jun 2, 2009 1:58pm Jun 2, 2009 1:58pm
Quoting notch
Pete,
Haven't been shouting divergence for that the last 200 pips?
Hope the market hear us and makes it real !!
"He who is well prepared has won half the battle"
  • #104,690
  • Jun 2, 2009 2:02pm Jun 2, 2009 2:02pm
Quoting Alihuzaifa
Pivot indicator.

Ali, do I need a special soft to read an EX4 file?
Better safe than sorry
  • #104,691
  • Jun 2, 2009 2:03pm Jun 2, 2009 2:03pm
Quoting Alihuzaifa
Practice + Discipline + Patience - Fear - Greed = Success

golden words
I like it........
  • #104,692
  • Jun 2, 2009 2:04pm Jun 2, 2009 2:04pm
Quoting cdforex
Ali, do I need a special soft to read an EX4 file?
use any one of those indicators both are same.i am using MT4
  • #104,693
  • Jun 2, 2009 2:06pm Jun 2, 2009 2:06pm
1.4330 = Sell zone.
  • #104,694
  • Jun 2, 2009 2:08pm Jun 2, 2009 2:08pm
Quoting notch
1.4330 = Sell zone.
Yes. Added to short at 1.4327.
  • #104,695
  • Jun 2, 2009 2:12pm Jun 2, 2009 2:12pm
Quoting notch
1.4330 = Sell zone.
TP?
  • #104,696
  • Jun 2, 2009 2:17pm Jun 2, 2009 2:17pm
Good day all.

I've opened short here, loose SL.
  • #104,697
  • Jun 2, 2009 2:20pm Jun 2, 2009 2:20pm
Quoting Turtle4x
TP?

Well if it jumps above 1.4330 there is a decent chance that it will continue but I can't see price breaking (convincingly) that level. Loads of supply.
  • #104,698
  • Jun 2, 2009 2:21pm Jun 2, 2009 2:21pm
Hello all,

went short on 4321 and 4307
now it keeps pushing up. it's deep in the red now.
Should i cut it or still hope for a retracement?

any thoughts? I notice a few are going short also

cheers
  • #104,699
  • Jun 2, 2009 2:23pm Jun 2, 2009 2:23pm
man from last 8 hours i am waiting for retracement...now i am going to sleep
  • #104,700
  • Jun 2, 2009 2:24pm Jun 2, 2009 2:24pm
Quoting Alihuzaifa
man from last 8 hours i am waiting for retracement...now i am going to sleep
Maybe you should wait 30 more minutes!
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