no problem as long it doesn't break 153.40 then i will be burned
just be careful
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #191,163
- Aug 24, 2009 6:46pm Aug 24, 2009 6:46pm
- Joined Oct 2005 | Status: Trader | 3,596 Posts
Gross Negligence at the Fed. The drama unfolds slowly at first, so be patient and please watch it in its entirety. First-term (anti-bailout candidate) Democrat Alan Grayson questions Elizabeth Coleman, Inspector General of the Federal Reserve. The issue is oversight of the Fed's ever-expanding balance sheet, and the potential multi-trillion dollar loss that would be borne by you.
I have no idea where the trillion dollars went....
Which $10 Trillion Dollars Are You Referring To Congressman?
http://dailybail.com/home/there-are-...g-part-ii.html
I have no idea where the trillion dollars went....Which $10 Trillion Dollars Are You Referring To Congressman?
http://dailybail.com/home/there-are-...g-part-ii.html
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- #191,164
- Aug 24, 2009 6:47pm Aug 24, 2009 6:47pm
- Joined Oct 2007 | Status: Saudi Arabia/Dubai | 3,584 Posts
rgitt05 thanks for the vouch 
- #191,165
- Aug 24, 2009 6:49pm Aug 24, 2009 6:49pm
- Joined Oct 2007 | Status: Saudi Arabia/Dubai | 3,584 Posts
i usually only trade following classic analysis only
but this entery now following elliott waves and i am still new with it but i hope i will be right
but this entery now following elliott waves and i am still new with it but i hope i will be right
- #191,166
- Aug 24, 2009 6:52pm Aug 24, 2009 6:52pm
- Joined Oct 2007 | Status: Saudi Arabia/Dubai | 3,584 Posts
- #191,168
- Aug 24, 2009 7:06pm Aug 24, 2009 7:06pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #191,169
- Aug 24, 2009 7:08pm Aug 24, 2009 7:08pm
- Joined Aug 2008 | Status: Money never sleeps | 5,878 Posts
This is turning into a Complex Head and Shoulder Pattern,, 4 hr..
Break point is 154.00... if it goes...IT is Possible we see At least 146-145...
But before that 150xx...
Break point is 154.00... if it goes...IT is Possible we see At least 146-145...
But before that 150xx...
Markets are not Random, they are designed!
- #191,170
- Aug 24, 2009 7:11pm Aug 24, 2009 7:11pm
- Joined Oct 2005 | Status: Trader | 3,596 Posts
Thank you once again for your excellent analysis and info.
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- #191,171
- Aug 24, 2009 7:11pm Aug 24, 2009 7:11pm
- Joined Oct 2005 | Status: Trader | 3,596 Posts
quiet ..I found I trillion in the White House toilet .... they might make me give it back !!!
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- #191,172
- Aug 24, 2009 7:11pm Aug 24, 2009 7:11pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
This is turning into a Complex Head and Shoulder Pattern,, 4 hr..
Break point is 154.00... if it goes...IT is Possible we see At least 146-145...
But before that 150xx...
why is nothing ever simple with you
always hidden divergences not regular
and now a complex head and shoulders ... not just a plain old head and shoulders
Blogging daily now at www.volume.zone
- #191,173
- Aug 24, 2009 7:15pm Aug 24, 2009 7:15pm
- Joined Aug 2008 | Status: Money never sleeps | 5,878 Posts
why is nothing ever simple with you
always hidden divergences not regular
and now a complex head and shoulders ... not just a plain old head and shoulders
Cause thats the way it is.....Look at 4 HR.. does that look that simple..
There are patterns called Complex Head and shoulder Tops...and Complex Head and shoulder Bottoms..
And there is a Regular Shampoo.. For scalping ..it helps..to see where its gonna go next ..up or down..
IF markets were so simple. as you know... no body was going to work....
Markets are not Random, they are designed!
- #191,174
- Aug 24, 2009 7:15pm Aug 24, 2009 7:15pm
- | Joined Apr 2008 | Status: J16 Turtle | 1,572 Posts
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
- #191,175
- Aug 24, 2009 7:18pm Aug 24, 2009 7:18pm
- Joined Oct 2007 | Status: Saudi Arabia/Dubai | 3,584 Posts
i know its too early to judge but it worth watching and its possible if we get a bounce here 
bullish flag
bullish divergence
bullish flag
bullish divergence
- #191,176
- Aug 24, 2009 7:22pm Aug 24, 2009 7:22pm
- Joined Aug 2008 | Status: Money never sleeps | 5,878 Posts
Raza, dude, I am really sorry to say this but you can not be further away from the truth. There is nothing there...no head complex h&s nothing. Just lower highs and 153.520 support. It just your imagination and wishful thinking. There is nothing there...seriously. There is not a single clearly defined patter here at this moment. What you see is a range with lower highs with volume picking up at the tops - sellers. It could be an accumulation off the 153.50 it could be the last longs`s dying brave defense. But please...learn how to spot correctly...
Ya.. sorry Man.. there is just Trendlines.. thats all what happens on the chart...
Do you even know how many kinds of Chart patterns ..OUT there..How many different kinds of Candle stick patterens are there..Besides ..DOJIS..
How complex Elliot Wave Theory is ..besides just 5 Waves..
Once you know... Trust me... you will see the MARKET WITH a whole different view... and will EXECUTE THE TRADE WITH cONFIDENCE..
I DIDNOT INVENT COMPLEX HEAD AND SHOULDERS...Its in the BOOKS..
Any ways... after all you are resposible for your own... and I AM for mine...
Teach me how to SPOT CORRECTLY..BUDDY!!!
Markets are not Random, they are designed!
- #191,177
- Aug 24, 2009 7:25pm Aug 24, 2009 7:25pm
- Joined Oct 2007 | Status: Saudi Arabia/Dubai | 3,584 Posts
- #191,178
- Aug 24, 2009 7:28pm Aug 24, 2009 7:28pm
- Joined Apr 2009 | Status: Know Your Wave | 2,640 Posts
Good morning 
Waiting to see how the Nikkei opens.
They need to position the market with enough breathing room if Wednesday's new home numbers are bad for 153.4 and the trend to 170 to hold.
If we don't break 154.7, we could see 156 before Wednesday.
Last week I thought we were at a breaking point, this week we look even closer, but I have a feeling this cat still has 4 or 5 lives left. (no dead bounce pun intended)
Interesting market.
Waiting to see how the Nikkei opens.
They need to position the market with enough breathing room if Wednesday's new home numbers are bad for 153.4 and the trend to 170 to hold.
If we don't break 154.7, we could see 156 before Wednesday.
Last week I thought we were at a breaking point, this week we look even closer, but I have a feeling this cat still has 4 or 5 lives left. (no dead bounce pun intended)
Interesting market.
- #191,179
- Aug 24, 2009 7:31pm Aug 24, 2009 7:31pm
- Joined Apr 2007 | Status: Senior Principal Trader | 2,699 Posts
1 hour left for 4hour closing
if it close above 155.20 i will i have strong bullish signal not only to hold my long also to add more
If weekly close below 153.20, ..we have strong bearish at weekly TF. Close below Gann
