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  • #131,201
  • Aug 13, 2009 2:50pm Aug 13, 2009 2:50pm
Quoting 2+2=4ex
I know you gonna laugh but....

I think we're gonna see .3900's relatively soon
No not laughing.If it works out maybe laughing to the bank though. Thats a target for me as well but don't think it'll happen today.I have about 3862 for one
  • #131,202
  • Aug 13, 2009 2:55pm Aug 13, 2009 2:55pm
Quoting maurofx
What makes you think it's gonna go down. Daily, 4h, 1h and 30m trends doesn't look bearish. 15m, 5m and 1m are forming symmetrics triangles, so price is converging to 4270 level.
What are your reasons for having a bear forecast??
Thanks!!
4h stoch is nearly at top, and price is at top of one reasonable trendline. Sometime over the next 2-3 days, we could see price back down at 4100/4086. Then, all those sub-4100 supports come into play.

Not my prediction, just one interpretation.
Attached Image (click to enlarge)
Click to Enlarge Name: chart.gif Size: 26 KB
Up or down, gimme a ticket
  • #131,203
  • Aug 13, 2009 2:56pm Aug 13, 2009 2:56pm
Quoting maurofx
What makes you think it's gonna go down. Daily, 4h, 1h and 30m trends doesn't look bearish. 15m, 5m and 1m are forming symmetrics triangles, so price is converging to 4270 level.
What are your reasons for having a bear forecast??
Thanks!!
I know this question wasn't directed to me, but I would like to give my answer since I think it's going down also. I bolded the reason in your quote above why I think it's going down. Like someone in here said yesterday...the road to wiping out your account is lined with roses.
  • #131,204
  • Aug 13, 2009 2:59pm Aug 13, 2009 2:59pm
Quoting ak4x
Mike, it's Beer Thirty somewhere...

Attachment
Yes it is.

What a summer it's been.

m
  • #131,205
  • Aug 13, 2009 3:09pm Aug 13, 2009 3:09pm
Quoting SpecialEd
I took a break to watch a movie with my daughter this afternoon. Came back to this chart. Atlast, I bet you loaded UP on pips with that fork forking so well.
Been shorting ever since it br0ke the lower trendline I gave earlier and made the top when it hit the upper trendline in 60 min chart. Also took counter trades which worked out.
  • #131,206
  • Aug 13, 2009 3:09pm Aug 13, 2009 3:09pm
Quoting 2+2=4ex
I know this question wasn't directed to me, but I would like to give my answer since I think it's going down also. I bolded the reason in your quote above why I think it's going down. Like someone in here said yesterday...the road to wiping out your account is lined with roses.
It's an open debate man!!
I throw the question cause I consider important other people opinion but, with all respect, I don't think your argument is valid. If you have a fundamental or technical argument, then it would be a substantiated opinion, regardless it's allained or against mine.
  • #131,207
  • Aug 13, 2009 3:10pm Aug 13, 2009 3:10pm
Short For The Day?
Anyonee With me! Tp 1.4200
Agree To Disagree
  • #131,208
  • Aug 13, 2009 3:11pm Aug 13, 2009 3:11pm
Quoting Fly2
4200 4150 4000 is all I'm looking at for now
tnx
  • #131,209
  • Aug 13, 2009 3:22pm Aug 13, 2009 3:22pm
Quoting maurofx
It's an open debate man!!
I throw the question cause I consider important other people opinion but, with all respect, I don't think your argument is valid. If you have a fundamental or technical argument, then it would be a substantiated opinion, regardless it's allained or against mine.
Your probably right, what do I know??
  • #131,210
  • Aug 13, 2009 3:25pm Aug 13, 2009 3:25pm
Quoting 2+2=4ex
Your probably right, what do I know??
lol Don't be so sensitive man!!! Time will tell... I only hope we'll be on the right side of the trade when it breaks!
See you!
  • #131,211
  • Aug 13, 2009 3:26pm Aug 13, 2009 3:26pm
Quoting LizardGizzard
Sure there is. Clear short.
well.... I'm seeing a retest of 4330s
  • #131,212
  • Aug 13, 2009 3:28pm Aug 13, 2009 3:28pm
Tracking the market. The recent pitchfork shows market is coiling around central median line. This will resolve in a big trend move. 60 min chart shows market tracked by downsloping pitchfork. Usually the market would stay in the sideways channel and brek to the upside to move back into trend fairly quickly if the move were to continue. The delay means probability for more downside.
No signal to take position at this time. Break below 1.4240 would confirm much further downside to come.
Attached Image (click to enlarge)
Click to Enlarge Name: $EURUSD 13_08_2009 (3 Min)-analysis.jpg Size: 57 KB
  • #131,213
  • Aug 13, 2009 3:42pm Aug 13, 2009 3:42pm
Quoting maurofx
lol Don't be so sensitive man!!!
I guess I can be sensitive sometimes, but what do I know?? he he
  • #131,214
  • Aug 13, 2009 3:45pm Aug 13, 2009 3:45pm
My gut tells me that this latest retrace was stronger then it should of been. My gut tells me we're sitting on a pile of sand. But then again I haven't eaten since breakfast.
  • #131,215
  • Aug 13, 2009 3:48pm Aug 13, 2009 3:48pm
who ever thinks he knows every thing consider him as dead
  • #131,216
  • Aug 13, 2009 4:04pm Aug 13, 2009 4:04pm
Quoting Alihuzaifa
who ever thinks he knows every thing consider him as dead
It's rumored that right upon figuring out the meaning of life, the Lord strikes you down.
  • #131,217
  • Aug 13, 2009 4:21pm Aug 13, 2009 4:21pm
Below the hourly chart showing how I have been tracking the market today. Daily charts are posted under news
Attached Image (click to enlarge)
Click to Enlarge Name: 20090813eurH1.gif Size: 41 KB
  • #131,218
  • Aug 13, 2009 4:46pm Aug 13, 2009 4:46pm
For TraderatHome - this chart is meant only to be an example of a EUR-USD set-up. Does it look correct? Biggest thing I want to be sure of is the expansion numbers.

Thanks,
Attached Image (click to enlarge)
Click to Enlarge Name: chart.gif Size: 25 KB
Up or down, gimme a ticket
  • #131,219
  • Aug 13, 2009 4:49pm Aug 13, 2009 4:49pm
I'm new to using pitchforks, but what I do not understand is that for the major trend you use the spike for creating the pitchfork. Is that relyable?

Quoting Atlast
Tracking the market. The recent pitchfork shows market is coiling around central median line. This will resolve in a big trend move. 60 min chart shows market tracked by downsloping pitchfork. Usually the market would stay in the sideways channel and brek to the upside to move back into trend fairly quickly if the move were to continue. The delay means probability for more downside.
No signal to take position at this time. Break below 1.4240 would confirm much further downside to come.
Close your eyes when you feel you are going under.
  • #131,220
  • Aug 13, 2009 5:00pm Aug 13, 2009 5:00pm
Atlast, may I use your expertise? Is the secondary pitchfork a right setup?
(You have to click the image to see the primary, the dark blue doesn't render well)


Quoting Atlast
Tracking the market. The recent pitchfork shows market is coiling around central median line. This will resolve in a big trend move. 60 min chart shows market tracked by downsloping pitchfork. Usually the market would stay in the sideways channel and brek to the upside to move back into trend fairly quickly if the move were to continue. The delay means probability for more downside.
No signal to take position at this time. Break below 1.4240 would confirm much further downside to come.
Attached Image (click to enlarge)
Click to Enlarge Name: Klembord-1.jpg Size: 45 KB
Close your eyes when you feel you are going under.
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