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  • #126,621
  • Jul 29, 2009 4:40pm Jul 29, 2009 4:40pm
Gator do you hold the GU short?

I had to use two bitsticks in the night but still in.
  • #126,622
  • Jul 29, 2009 4:55pm Jul 29, 2009 4:55pm
Quoting cobraforex
Hey Edgar, you updated your profile and it shows that you have 18 years, so peace and wellcome here.

Try to care about your hard earned bucks when it comes to live trading and read, practice, read etc.

See you
Ye i watcthed your profile too, and i see that you deserved a big respect, im so interested in financials, forex also and there is so much true to know for me right now, thx for advice, its better than your sarcastic laugh
  • #126,623
  • Edited 5:10pm Jul 29, 2009 4:57pm | Edited 5:10pm
sorry folks i left the party and took a nap. hit my low plus a nickle.. and i missed it..i dont know if retrace is over we did pullback to above 23.6%. i dont know if its enough or not but i would shorted at 4066/69.it never got here... hey but i was sleeping. so my next choice would be 4039 or above.. we closed below 4048 (close 4047) and a bigger number to me 4148...all bearish signs to me. But! we are currently on the south side of 4048 in a turn area so we still may see another high.(turn area 4072 4048 4033) maybe 4066/69 (38.2%). this has to play out. im gonna short several places because this moves personality is bearish...

good luck.. current 4037
those who can, do. those who cant, talk about those who can
  • #126,624
  • Jul 29, 2009 5:00pm Jul 29, 2009 5:00pm
Quoting cobraforex
Gator do you hold the GU short?

I had to use two bitsticks in the night but still in.
yes... dont pull up the chart.. *L*
those who can, do. those who cant, talk about those who can
  • #126,625
  • Jul 29, 2009 5:04pm Jul 29, 2009 5:04pm
Hi,

first of all I would like to mention I am not a skilled trader. Until now I have been scalping for three month and I am also doing 4H Tunnel method.

Is here some candlestick expert, who can confirm graph should now bounce to 1410 area? I include my analysis. It is based on EMA24 and tunnel is made of +-89, +-144 and +-169 fibo numbers.

Thanks,

T.
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"I know one thing, that I know nothing." Sokrates
  • #126,626
  • Jul 29, 2009 5:05pm Jul 29, 2009 5:05pm
Quoting vulture
Killerwhale where the hell you been??
Lol, haven't been posting for a while and haven't been reading much on this site. At a certain moment couple of weeks ago I just thought there was too much nonsence on this thread.

Shamu
New voice message: Why are you calling me? If I need you, I'll call you!
  • #126,627
  • Jul 29, 2009 5:13pm Jul 29, 2009 5:13pm
Quoting Tom_D_Trader
Hi,

first of all I would like to mention I am not a skilled trader. Until now I have been scalping for three month and I am also doing 4H Tunnel method.

Is here some candlestick expert, who can confirm graph should now bounce to 1410 area? I include my analysis. It is based on EMA24 and tunnel is made of +-89, +-144 and +-169 fibo numbers.

Thanks,

T.
Hi Tom
welcome with us..

did u trade this Red line levels?? i like idea of drawing bouncind level.. but what u do with it after drawn ??

thanx in advance
Never sell @ lower upward channel unless breacked and vise versa .
  • #126,628
  • Jul 29, 2009 5:22pm Jul 29, 2009 5:22pm
Hey folks, nice move. I caught all of that.

System shows we have a little more selling to do from here til a little under 4000. Window on Bulls is closed for about 4 or 5 trading days.

Price median will stay stuck at aprox 3980, and we either trend at that level for a few days, or we sell off big. If we sell off big should be at early to middle next week. Gl to all..
  • #126,629
  • Jul 29, 2009 5:25pm Jul 29, 2009 5:25pm
Quoting Edgaras
I know, but i think the best SL is 40-50 pips, for sure if 40-50 is 2 percent of capital everything is fine.
40-50 pips gj maybe ... 30 pips for eu or less ..... you get 30 pip draw down eu you know you messed up
Blogging daily now at www.volume.zone
  • #126,630
  • Jul 29, 2009 5:30pm Jul 29, 2009 5:30pm
eu 4 hour think the sell off was not expected .

Analyists are only there for one thing .. to screw with your mind ..aren't they the same ones that said oil to 200 when it was at 148 ????

here is my 4 hour showing the distribution thru the top opf eu last 4 hours .. see all the high volume bars ... they were on up bars with no follow thru .. pros taking advantage of the strength to sell into

I think we get rapid mark down thru 6400 tomorrow in London / US

GU has a 200 pip drop to complete into 6400 and gj liekly 152.50

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Blogging daily now at www.volume.zone
  • #126,631
  • Jul 29, 2009 5:40pm Jul 29, 2009 5:40pm
Quoting WedWed
Hi Tom
welcome with us..

did u trade this Red line levels?? i like idea of drawing bouncind level.. but what u do with it after drawn ??

thanx in advance
Red line levels are zones of resistance/support. And yes I trade them. When graph gets to red levels I am waiting for candlestick pattern to confirm bounce or for breakthrough which will lead to next level.
"I know one thing, that I know nothing." Sokrates
  • #126,632
  • Jul 29, 2009 5:45pm Jul 29, 2009 5:45pm
Quoting stevefx
Hey folks, nice move. I caught all of that.

System shows we have a little more selling to do from here til a little under 4000. Window on Bulls is closed for about 4 or 5 trading days.

Price median will stay stuck at aprox 3980, and we either trend at that level for a few days, or we sell off big. If we sell off big should be at early to middle next week. Gl to all..
always make laugh when someone predict price for next week or few days from now... nobody can predict where price will be next 5min..

thank for the laugh
  • #126,633
  • Jul 29, 2009 6:00pm Jul 29, 2009 6:00pm
EUR-USD fell today. The prices have fallen back into the WEEKLY triangle. Thursdays and Friday's action will show if we can rebound. Friday is July's last trading day and how the monthly candle closes will dictate how August's market will move.
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  • #126,634
  • Jul 29, 2009 6:02pm Jul 29, 2009 6:02pm
Quoting Lejumeau
always make laugh when someone predict price for next week or few days from now... nobody can predict where price will be next 5min..

thank for the laugh
anyone can predict anything. its like predicting nobody can predict price in next 5 minutes. its a prediction.
those who can, do. those who cant, talk about those who can
  • #126,635
  • Jul 29, 2009 6:10pm Jul 29, 2009 6:10pm
Quoting gatorinla
anyone can predict anything. its like predicting nobody can predict price in next 5 minutes. its a prediction.
Well, I predict that nobody can predict so I rely on my own charts, strategies and signals. That is what worked for me to trade forex for profit
cut losses short, let profits run.
  • #126,636
  • Jul 29, 2009 6:19pm Jul 29, 2009 6:19pm
Quoting Domas4
Well, I predict that nobody can predict so I rely on my own charts, strategies and signals. That is what worked for me to trade forex for profit
exactly ... lol

I just make the point that no one can tell where price will be next week ... And any one real experience trader know that Fact
wow people are sensitive here ...
  • #126,637
  • Jul 29, 2009 6:22pm Jul 29, 2009 6:22pm
Quoting Domas4
Well, I predict that nobody can predict so I rely on my own charts, strategies and signals. That is what worked for me to trade forex for profit
like i said anyone can predict. by doing this you validate what i said
those who can, do. those who cant, talk about those who can
  • #126,638
  • Jul 29, 2009 6:24pm Jul 29, 2009 6:24pm
Quoting gatorinla
like i said anyone can predict. by doing this you validate what i said
Oridnary people did understand the point
  • #126,639
  • Jul 29, 2009 6:25pm Jul 29, 2009 6:25pm
Today the pound played ping pong between the pivots.

I wonder... do pivots really work?

No.

m

PS... Ok... I tell ya one more for fukin time... put the dailies on a chart somewhere in your war room.
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  • #126,640
  • Jul 29, 2009 6:27pm Jul 29, 2009 6:27pm
Quoting acumen
Today the pound played ping pong between the pivots.

I wonder... do pivots really work?

No.

m

PS... Ok... I tell ya one more for fukin time... put the dailies on a chart somewhere in your war room.
yep for me is the best strategy it is so obvious.
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