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  • #130,261
  • Aug 11, 2009 11:21pm Aug 11, 2009 11:21pm
Quoting toshi
http://www.professionalequipment.com...64_product.jpg


Now I finally understand why I'm just a little less comfortable on the long side of the trade.

It's the pink hats. That's all. I thought there was something else, some other mental blockage perhaps,
but alas, it's the hats. That's for the info, guys. I was about to go have my head examined.

may do that anyway.....
It's ok. Makes your head look like a giant knob.

Don't be afraid
Not all sins are created equal
  • #130,262
  • Aug 11, 2009 11:26pm Aug 11, 2009 11:26pm
Quoting toshi
Now I finally understand why I'm just a little less comfortable on the long side of the trade.

It's the pink hats. That's all. I thought there was something else, some other mental blockage perhaps,
but alas, it's the hats. Thanks for the info, guys. I was about to go have my head examined.

may do that anyway.....
Don't forget your pair.

http://i30.tinypic.com/11m403s.jpg
Not all sins are created equal
  • #130,263
  • Aug 11, 2009 11:44pm Aug 11, 2009 11:44pm
Quoting Jay Walker
Don't forget your pair.


Got it right here:

(it's kind of bearish...I mean "pearish")
Attached Image
  • #130,264
  • Aug 11, 2009 11:48pm Aug 11, 2009 11:48pm
This is the poster child for indecision.

Flat tops and bottoms on 1HR timeframes.

Lately, I've been a bit triangle happy and maybe I see another one trying to form.

I don't even know now. Maybe.
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  • #130,265
  • Aug 11, 2009 11:50pm Aug 11, 2009 11:50pm
on a side note, i am rather happy with it respecting the lower trendline on the daily.. for now...

however as of all technicals.. any adverse conditions can wipe that all out..


for example, JAY shorting 1000 lots
  • #130,266
  • Aug 11, 2009 11:56pm Aug 11, 2009 11:56pm
Quoting trading801
on a side note, i am rather happy with it respecting the lower trendline on the daily.. for now...

however as of all technicals.. any adverse conditions can wipe that all out..


for example, JAY shorting 1000 lots
Good news, Jay is NOT shorting 1000 lots.

And if I did, I would help you build a koala sanctuary all while roasting George Soros on a spit.
Not all sins are created equal
  • #130,267
  • Aug 11, 2009 11:57pm Aug 11, 2009 11:57pm
Quoting Jay Walker
I think ............. For those who don't just skim or plainly skip my posts, I'm still long on the monthly frame.......
Based on?

1. Economic factors
2. Tape reading
3. Both (more than 50% economic factors)
4. Both (less than 50% economic factors)
5. I am a gambler
The Thief of Wall Street
  • #130,268
  • Aug 11, 2009 11:58pm Aug 11, 2009 11:58pm
Quoting Chicky
Based on?

1. Economic factors
2. Tape reading
3. Both (more than 50% economic factors)
4. Both (less than 50% economic factors)
5. I am a gambler
All of the above.
Not all sins are created equal
  • #130,269
  • Aug 12, 2009 12:05am Aug 12, 2009 12:05am
Zooming out - on both the daily and weekly I cannot seem to get the picture
out of my peripheral vision that looks like some similar setup to last summer.

I know things are SUPPOSED to be DIFFERENT now.

I know the market(s) is/are SUPPOSED to be more PREPARED for the unexpected.

I know everyone says it's going to be better now and what happened last year
just will not happen again this year. Remember, there are no Chinese olympic games this year......WTF ?

Look at it...But don't look at it too long. It might cause some doubts to creep in.

If such a move were in the works, the only thing far worse than missing it
would be to end up on the wrong side of it.

Anyway, can you not see some replication of the patterns leading up to the 1st drive down ?

makes one wonder.....hmmmmmm. okay, however, without a good, hard clean break of 138
with lower closes and solid downside momentum, such a reality has not entered the world yet.

If it does, I don't want to miss it or be on the wrong side of it.
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  • #130,270
  • Aug 12, 2009 12:05am Aug 12, 2009 12:05am
Quoting Jay Walker
All of the above.
I think it will this time hold 1992 high.







Exactly, that would be about three years before Euro. Jay knows this.
The Thief of Wall Street
  • #130,271
  • Aug 12, 2009 12:10am Aug 12, 2009 12:10am
Quoting Chicky
I think it will this time hold 1992 high.







Exactly, that would be about three years before Euro. Jay knows this.
Actually, 1992 was 6 years before the Euro.

Now can you tell me what the hell it is you're on about so I can reply with a witty comment?
Not all sins are created equal
  • #130,272
  • Aug 12, 2009 12:10am Aug 12, 2009 12:10am
Fokes be more nice to each other. If one of you think that only you make money today, don't get too excited, because you might be one of those loosers tomorrow with a margin call or with a sleeping bag under the bridge with an open lap top trying to get your lost money back. Whoever never made a single mistake trying to predict which way market is going is a LIAR because there is no way you can predict 100% for sure. You can only predict when you want to go use the restroom.
  • #130,273
  • Aug 12, 2009 12:21am Aug 12, 2009 12:21am
Morning all. I see a diamond fully matured H4 tf below that typically break down massively. first to breakdown to 1.4104 & then 82 pips from that level min. Anyway sometimes they break up & then down too as per & many times I saw break up & continue up ( invalidate diamond ) . so something massive is about to happen.

fontu
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #130,274
  • Aug 12, 2009 12:24am Aug 12, 2009 12:24am
Quoting UncleSam123
Fokes be more nice to each other. If one of you think that only you make money today, don't get too excited, because you might be one of those loosers tomorrow with a margin call or with a sleeping bag under the bridge with an open lap top trying to get your lost money back.

Whoever never made a single mistake trying to predict which way market is going is a LIAR because there is no way you can predict 100% for sure. You can only predict when you want to go use the restroom.

That's absolutely true Sam and it seems like this can not be told enough...
Even I need some motivation for using the rules and plans I have made...

And yes, they do work... for the time
  • #130,275
  • Aug 12, 2009 12:24am Aug 12, 2009 12:24am
Good morning all i am back on the show...

so still we are at same position where i left yesterday.
  • #130,276
  • Aug 12, 2009 12:25am Aug 12, 2009 12:25am
Quoting UncleSam123
You can only predict when you want to go use the restroom.
Most people can't. And the older you get, the harder it is to predict anyways. Trust me on that one.
Not all sins are created equal
  • #130,277
  • Aug 12, 2009 12:25am Aug 12, 2009 12:25am
Quoting Jay Walker
Actually, 1992 was 6 years before the Euro.

Now can you tell me what the hell it is you're on about so I can reply with a witty comment?
I am getting old and therefore cannot rely much on my memory on when they started using this currency and when they introduced paper currency, etc.

But any way. I just want a second opinion on my this gamble that "all technical (if I am allowed to use this word for these sacred discoveries) shit also works on even mega timeframes".

Thinking about why technical tools are equally effective on smaller, medium and bigger timeframes is not my concern.
The Thief of Wall Street
  • #130,278
  • Aug 12, 2009 12:28am Aug 12, 2009 12:28am
We are still in "sleepy" market range betwee 8EMA (resistance) and 200SMA (support).

Hopefully Euro session will SHAKE this boring PA...!!!
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  • #130,279
  • Aug 12, 2009 12:29am Aug 12, 2009 12:29am
Hi

Trendline , midline of pitchfork and S or R
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  • #130,280
  • Aug 12, 2009 12:30am Aug 12, 2009 12:30am
Quoting UncleSam123
You can only predict when you want to go use the restroom.

I predict the next time I try to fart, I'll shit on myself. I'm calculating the odds right now.
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