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  • #107,521
  • Jun 8, 2009 8:10pm Jun 8, 2009 8:10pm
it is forming wave 4 now in 240 minutes finally my hold helped me out since yesterday where i was stuck but was sure due to it had to form a leg now in 60 monutes and wave 4 in 4 hrs
as it has a bitrally my initial target is 1.3970 where i have set my profit grom yesterday which should touch initially 38.2% fibo from low to high of last wave
and may be psosible 1.4030 as slow sto and rsi still has power to send them to that level wher i will consider to short is 1.4030 50% fibo of donwtrend of last wave where ssto and rsi should be in overbought zone in tf 1hr
so finally i will make some money if any thing in mind can change my view please comment Thanks
  • #107,522
  • Jun 8, 2009 8:11pm Jun 8, 2009 8:11pm
that right shoulder is forming nicely, not too long now to enter the big fat short, same as you gator... just waiting for confirmation
"Do or do not... there is no try" Master Yoda
  • #107,523
  • Jun 8, 2009 8:11pm Jun 8, 2009 8:11pm
hehe, nah I dont mind that guy at all- all have a right to express what they feel as long as they are not excessively bitter and useless, like the one and only one schmuck I have on my ignore list . I "un-ignored" him

Quoting Chicky
This is personal choice. I want to keep some spice in my life, also checking truth in power of persistency
Its all in the mind.
  • #107,524
  • Edited 8:36pm Jun 8, 2009 8:13pm | Edited 8:36pm
Quoting Chicky
Thanks Gator. Sorry, I was away from my machine for a while. I am presently short on 1H chart for 1.3901 sl at 1.3936 but will wait for London open for daily direction. Thanks again Gator.
i wasnt saying it would get that high on a retrace.. but this was close to your shoulder.. i think the bulls dont have what it takes.. the talk about rate cut and the rumors about some of the weaker ones leaving e-z should take the wind out the sail..oil demand has gone down yet oil is up.. you can google it but there are thousands of freighters debarged of the coast of tawain.. ships not moving means no demand.. eventually it will come home to roost.. if we aint buying their stuff, we more then likely not buying any one elses..or at least slowed down..
those who can, do. those who cant, talk about those who can
  • #107,525
  • Jun 8, 2009 8:15pm Jun 8, 2009 8:15pm
bbl got some fresh shrimp with my name on them
those who can, do. those who cant, talk about those who can
  • #107,526
  • Jun 8, 2009 8:18pm Jun 8, 2009 8:18pm
Quoting Elghoz
all people do buy what a good choice
sell
  • #107,527
  • Jun 8, 2009 8:27pm Jun 8, 2009 8:27pm
Quoting knuckledrag
Are you still short?
Yes. Have been since Friday when my order was hit at 3969.
Not all sins are created equal
  • #107,528
  • Jun 8, 2009 8:30pm Jun 8, 2009 8:30pm
Quoting Jay Walker
Glad something's working!
THANKS JAY
  • #107,529
  • Jun 8, 2009 8:31pm Jun 8, 2009 8:31pm
Quoting knuckledrag
Are you still short?
Yes, unfortunately I finished puberty when I was about 19.
  • #107,530
  • Jun 8, 2009 8:34pm Jun 8, 2009 8:34pm
Quoting Jay Walker
Yes. Have been since Friday when my order was hit at 3969.
I've closed my shorts. Just scalping now ( I know its a bad habit )
  • #107,531
  • Jun 8, 2009 8:35pm Jun 8, 2009 8:35pm
Quoting 2+2=4ex
Yes, unfortunately I finished puberty when I was about 19.

I know what you mean
  • #107,532
  • Jun 8, 2009 8:38pm Jun 8, 2009 8:38pm
Quoting knuckledrag
I've closed my shorts. Just scalping now ( I know its a bad habit )
I suck at scalping. Tried it many times. Still do sometimes.

I tend to focus on my strengths and while it's terribly boring to me, longer term trades is where I do better.
Not all sins are created equal
  • #107,533
  • Jun 8, 2009 8:38pm Jun 8, 2009 8:38pm
Quoting gatorinla
i wasnt saying it would get that high on a retrace.. but this was close to your shoulder.. i think the bulls dont have what it takes.. the talk about rate cut and the rumors about some of the weaker ones leaving e-z should take the wind out the sail..oil demand has gone down yet oil is up.. you can google it but there are thousands of freighters debarged of the coast of tawain.. ships not moving means no demand.. eventually it will come home to roost.. if we aint buying their stuff we more then likely not buying any one elses..or at least slowed...
Gator, I am having good time eversince I changed my method that involves PA reading more than speculation. People are talking about signs of improvement, however, I am of the view that financial recessions do notn end in a year or two. Therefore I am now trading intra-day. Future unknown to me.
The Thief of Wall Street
  • #107,534
  • Jun 8, 2009 8:38pm Jun 8, 2009 8:38pm
i clicked jw's link.. cool, i was to lazy to do it on my own.

hes gone but the smell lingers

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sbd
those who can, do. those who cant, talk about those who can
  • #107,535
  • Jun 8, 2009 8:42pm Jun 8, 2009 8:42pm
Quoting Chicky
Gator, I am having good time eversince I changed my method that involves PA reading more than speculation. People are talking about signs of improvement, however, I am of the view that financial recessions do notn end in a year or two. Therefore I am now trading intra-day. Future unknown to me.
me too but i keep it all in the back of the mind..for instance if there is a big move like last year either direction i wont be scared to let go and put it on auto pilot.. but will be less skepital of a southern move..
those who can, do. those who cant, talk about those who can
  • #107,536
  • Jun 8, 2009 8:46pm Jun 8, 2009 8:46pm
Quoting Jay Walker
I suck at scalping. Tried it many times. Still do sometimes.

I tend to focus on my strengths and while it's terribly boring to me, longer term trades is where I do better.
i dont think "suck" and "scalp" should mentioned in the same sentence. it gives me a headache if you know what i mean...nails on a chalkboard affect X infinite.
those who can, do. those who cant, talk about those who can
  • #107,537
  • Jun 8, 2009 8:47pm Jun 8, 2009 8:47pm
Quoting Jay Walker
I suck at scalping. Tried it many times. Still do sometimes.

I tend to focus on my strengths and while it's terribly boring to me, longer term trades is where I do better.
I can't scalp my way out of a wet paper bag, however I do counter trend 10 or 20 at a time. Most of the time you can find a channel on the five min. Later I need to find a damn dog
  • #107,538
  • Jun 8, 2009 8:50pm Jun 8, 2009 8:50pm
Quoting knuckledrag
I can't scalp my way out of a wet paper bag, however I do counter trend 10 or 20 at a time. Most of the time you can find a channel on the five min. Later I need to find a damn dog
I bow to anyone who can do it and be consistently profitable.

I just think it's easier to watch paint dry than constantly reach for the heart pills.
Not all sins are created equal
  • #107,539
  • Jun 8, 2009 8:50pm Jun 8, 2009 8:50pm
Quoting knuckledrag
I can't scalp my way out of a wet paper bag, however I do counter trend 10 or 20 at a time. Most of the time you can find a channel on the five min. Later I need to find a damn dog
thats why i feed the toy poodle chocolate.. *L*
those who can, do. those who cant, talk about those who can
  • #107,540
  • Jun 8, 2009 8:50pm Jun 8, 2009 8:50pm
Quoting gatorinla
i dont think "suck" and "scalp" should mentioned in the same sentence. it gives me a headache if you know what i mean...nails on a chalkboard affect X infinite.
Not all sins are created equal
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