Great Trades everyone....
....I just LOVE that guy Ken.... Ghost Rider - WWTBMD?
Trade what you see NOT what you expect
- #21,661
- Aug 7, 2009 8:04am Aug 7, 2009 8:04am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
....I just LOVE that guy Ken.... 
- #21,663
- Aug 7, 2009 8:08am Aug 7, 2009 8:08am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
price missed my 62 by 7 pips but nailed the 4h 10 which is just as important an MA IMO
Green is green man. I just used the 62 as a guide. Top was 32 and I waited for it to bobble a bit and snagged 20 on the way down.
Now will it get to the 62 again for a repeat performance?
Ghost Rider - WWTBMD?
- #21,664
- Aug 7, 2009 8:08am Aug 7, 2009 8:08am
- Joined Nov 2008 | Status: Trade Inspiration Not Despiration . | 4,827 Posts
price missed my 62 by 7 pips but nailed the 4h 10 which is just as important an MA IMO
Always remember what the M in MA stands for Moving. With a large spike like that the MA was moving a way rising as the price was coming towards it. That is why a lot of times they don't actually touch..But when you look later the ma's are right on the candles.. Just something to keep in mind.. if your seeing a ma trade area look for confirmation.
Good Trading To All ; Ken Lee
Always remember what the M in MA stands for Moving. With a large spike like that the MA was moving a way rising as the price was coming towards it. That is why a lot of times they don't actually touch..But when you look later the ma's are right on the candles.. Just something to keep in mind.. if your seeing a ma trade area look for confirmation.
'The past will always show us the future'
- #21,666
- Aug 7, 2009 8:14am Aug 7, 2009 8:14am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
great post Ken. I keep this in mind too, more areas than exact figures
Ghost Rider - WWTBMD?
- #21,667
- Aug 7, 2009 8:14am Aug 7, 2009 8:14am
- | Joined Sep 2006 | Status: Trader | 2,228 Posts
Hi, my name is Barry and you can keep your doctor...
- #21,668
- Aug 7, 2009 8:16am Aug 7, 2009 8:16am
- Joined Nov 2008 | Status: Trade Inspiration Not Despiration . | 4,827 Posts
Good Trading To All ; Ken Lee
- #21,669
- Aug 7, 2009 8:19am Aug 7, 2009 8:19am
- | Joined Mar 2009 | Status: Trader | 2,768 Posts
I call 'bullshit' on those phony employment numbers. I don't believe that crap for a New York minute.
- #21,670
- Aug 7, 2009 8:20am Aug 7, 2009 8:20am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
I call 'bullshit' on those phony employment numbers. I don't believe that crap for a New York minute.
Agreed...
Just like the home sale numbers too....
http://www.forexfactory.com/showpost...stcount=154858
Ghost Rider - WWTBMD?
- #21,671
- Aug 7, 2009 8:21am Aug 7, 2009 8:21am
- | Joined May 2007 | Status: Trader | 4,716 Posts
Hope everyone is well. I'm flat for today with NFP and all, see alot of whipsaw action so far. 
Right now see conflicting pins on the Daily and Weekly so I'm waiting for the close.
HOLLA
Right now see conflicting pins on the Daily and Weekly so I'm waiting for the close.
HOLLA
- #21,672
- Aug 7, 2009 8:27am Aug 7, 2009 8:27am
I have to agree with you.
They don't count people with expired unemployment.
If man does not receive unemployemnt benefits, it means he is out of the system.
But it does not mean he's got a job!
- #21,673
- Aug 7, 2009 8:37am Aug 7, 2009 8:37am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
I'm no fundamentalist by any stretch of the imagination but, this is all manipulated BS IMHO.
Think of what's happening here. Obama is spending massive amounts of money and racking up massive debts. The ONLY country we have a prayer to help fund that debt is China who is already holding massive amounts of debt at a loss. So what do you do? You deflate the dollar heavily and issue bonds to them. Then pump the dollar back up so they can hope to recoup the losses they currently hold.
Those home sales numbers? If they were true, then why did Fanny Mae just report 3 days after, 1 point something billion in losses due to a decline in new loan apps?
Maybe I'm completely wrong but it sure makes one wonder.....
Think of what's happening here. Obama is spending massive amounts of money and racking up massive debts. The ONLY country we have a prayer to help fund that debt is China who is already holding massive amounts of debt at a loss. So what do you do? You deflate the dollar heavily and issue bonds to them. Then pump the dollar back up so they can hope to recoup the losses they currently hold.
Those home sales numbers? If they were true, then why did Fanny Mae just report 3 days after, 1 point something billion in losses due to a decline in new loan apps?
Maybe I'm completely wrong but it sure makes one wonder.....
Ghost Rider - WWTBMD?
- #21,675
- Aug 7, 2009 8:49am Aug 7, 2009 8:49am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
Ghost Rider - WWTBMD?
- #21,676
- Aug 7, 2009 8:49am Aug 7, 2009 8:49am
- Joined May 2008 | Status: "One for all, and all for one" | 11,228 Posts
Just digging in the trenches like everyone else!
- #21,677
- Aug 7, 2009 8:50am Aug 7, 2009 8:50am
- Joined May 2008 | Status: "One for all, and all for one" | 11,228 Posts
Just digging in the trenches like everyone else!
- #21,678
- Aug 7, 2009 8:51am Aug 7, 2009 8:51am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
Beautiful Pippi!!...
I turned my trailer off at +50 in. Didn't quite get the top but in at 6820, locked now at 6770......wait......LOL.....just taken out.
Now I think it will settle in about where it started and get boring again...LOL
Ghost Rider - WWTBMD?
- #21,679
- Aug 7, 2009 8:51am Aug 7, 2009 8:51am
- Joined Apr 2007 | Status: USF Statistics | 2,248 Posts
- #21,680
- Aug 7, 2009 8:55am Aug 7, 2009 8:55am
- | Joined May 2007 | Status: Trader | 4,716 Posts
How we doing everyone! I hope everyone enjoyed the fireworks this morning. EU, EJ, and GU all showed some nice rockets. I see many of you got a nice short from the top off the h1 62. Good job!
HOLLA