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  • #125,621
  • Jul 27, 2009 5:57pm Jul 27, 2009 5:57pm
Quoting Sam209a
gatorinla would be greatly appreciated if could shed some light on the stand off that seems to be taking place b/n the bulls and bears.
your guess is as good as mine.. so far this summer has been a range. slightly moving up..either its the normal summer pattern (pre 2008). or bulls cant get their act together. bears are in the woods without toilet paper. im just scalping and holding a short that next time it turns green i may unload and buy a long position..earnings have prompt this pair up but that may soon end.. and bulls have not taken advantage of it.. we should be higher but were not. at the same time bears are lost in the woods.. im bearish with caution.. i would not bet my best goat either direction long term.. listen to me or flip a coin its about the same..it may be best to leave u.s. crosses alone.. and trade the boring ones like eur/gbp...or dont trade until we get out this range.. ive been selling near 4300...without buying the dips... i may start buying the dips also (below 4200)..
those who can, do. those who cant, talk about those who can
  • #125,622
  • Jul 27, 2009 6:00pm Jul 27, 2009 6:00pm
Quoting VinzZ
The market is boring

Attachment

English:
- According to the Kamasutra it's fun if I would put my finger in your hole
- Come with me! Let's try this out!
- So? Not my cup of tea...
..Nice one.

A bit of humor without making fun out of someone else.
  • #125,623
  • Jul 27, 2009 6:02pm Jul 27, 2009 6:02pm
Quoting jones247
Why has the market been so FLAT.....?????
Perhaps it is because many people see the recent run up in stocks as somewhat of a fools rally in the sense that the 'earnings' beat amazingly LOW expectations and they did so by firing people and thus lowering their costs... great in the short term (the recent stock pop), but it is not sustainable beyond a quarter or two because people will still be unemployed and will not be spending $$$ --> even LOWER earnings revenues...

Just my two cents.
  • #125,624
  • Jul 27, 2009 6:02pm Jul 27, 2009 6:02pm
Quoting gatorinla
your guess is as good as mine.. so far this summer has been a range. slightly moving up..either its the normal summer pattern (pre 2008). or bulls cant get their act together. bears are in the woods without toilet paper. im just scalping and holding a short that next time it turns green i may unload and buy a long position..earnings have prompt this pair up but that may soon end.. and bulls have not taken advantage of it.. we should be higher but were not. at the same time bears are lost in the woods.. im bearish with caution.. i would not bet my...
thanks for putting it the way it is
  • #125,625
  • Jul 27, 2009 6:19pm Jul 27, 2009 6:19pm
Quoting USD-Bear
UP and 4255 is enough for my long
r u tempted to bail out now.....
  • #125,626
  • Jul 27, 2009 6:24pm Jul 27, 2009 6:24pm
Quoting jones247
Why has the market been so FLAT.....?????
Sydney Session...not always but most flat conditions. My experience. Not much volume....
  • #125,627
  • Jul 27, 2009 6:37pm Jul 27, 2009 6:37pm
I biased to the bear side since .445-50 resistance held, but I can also see the price popping and taking another run at 1.4300. I'm short, but with stops at .480. EW hasn't helped either, since this could be a 3-5-3 correction (bullish) OR a W.4 widening triangle (bearish.) What's an idiot like me to do?
"If it was good enough for Gann, it's good enough for me..."
  • #125,628
  • Jul 27, 2009 7:02pm Jul 27, 2009 7:02pm
singapore open now and china will open in an hours time. we should see some movement.
  • #125,629
  • Jul 27, 2009 7:22pm Jul 27, 2009 7:22pm
Singapore isn't open until another 30 mins time.
  • #125,630
  • Jul 27, 2009 7:24pm Jul 27, 2009 7:24pm
Quoting Beacon
Singapore isn't open until another 30 mins time.
my bad
  • #125,631
  • Jul 27, 2009 7:26pm Jul 27, 2009 7:26pm
Hi! Can someone shed some light on option strikes. I heard that there is a 1.40 and 1.43 according to the Chicago Mercantile Exchange but I can't find the link to it.
  • #125,632
  • Edited 9:12pm Jul 27, 2009 7:53pm | Edited 9:12pm
Attached Image (click to enlarge)
Click to Enlarge Name: Toro007-full.jpg Size: 85 KB
  • #125,633
  • Edited 8:08pm Jul 27, 2009 7:56pm | Edited 8:08pm
Log4n ------- please re-size the bull -- the pic is taking so much space on my screen.
  • #125,634
  • Jul 27, 2009 8:04pm Jul 27, 2009 8:04pm
good morningggggggggg all bulls here heh heh
  • #125,635
  • Jul 27, 2009 8:11pm Jul 27, 2009 8:11pm
Got screwed last night, big time.

Lost almost 40% of my capital after the market did a switchback following the 1400GMT news.

Am currently considering reverting back to CTGUY's 7am-9am NY breakout strategy for the next few weeks...anyone else have lunck with this strategy?

Any success stories from last night?
Thank you Crucial Point, Bleek, Trizzle, Darkstar
  • #125,636
  • Jul 27, 2009 8:11pm Jul 27, 2009 8:11pm
Quoting trading801
good morningggggggggg all bulls here heh heh
Good Morning
  • #125,637
  • Jul 27, 2009 8:12pm Jul 27, 2009 8:12pm
Quoting Sam209a
Log4n ------- please re-size the bull -- the pic is taking so much space on my screen.
sometimes being nice dont get it. oh well, he was asked
those who can, do. those who cant, talk about those who can
  • #125,638
  • Jul 27, 2009 8:13pm Jul 27, 2009 8:13pm
Learn about Money Management, if you lose 40% of your equity in one day there is a worm in.

Quoting chngster
Got screwed last night, big time.

Lost almost 40% of my capital after the market did a switchback following the 1400GMT news.

Am currently considering reverting back to CTGUY's 7am-9am NY breakout strategy for the next few weeks...anyone else have lunck with this strategy?

Any success stories from last night?
  • #125,639
  • Edited 9:15pm Jul 27, 2009 8:13pm | Edited 9:15pm
Quoting Log4n
Attached Image (click to enlarge)
Click to Enlarge Name: Toro007-full.jpg Size: 85 KB



^NOOB mode on
Let us be green
  • #125,640
  • Jul 27, 2009 8:14pm Jul 27, 2009 8:14pm
Quoting gatorinla
sometimes being nice dont get it. oh well, he was asked
i get your point --- it may have to come to that!
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