Pation is the Holy Grail
- #136,344
- Aug 28, 2009 8:13am Aug 28, 2009 8:13am
- | Joined Aug 2007 | Status: Say what ? | 1,888 Posts
Hey Cap'n toshi,
Are you shorting E/G yet, & did you grab a seat on the E/U short bus?
Cap'n Toshi...now I'm a breakfast cereal ?
E/G....short....NOT YET.
It COULD go further. No need to get run over. The setup is in the making.
Patience is the only way you can approach one of these. Don't rush a good thing.
Euro
Man, what can I say ?
I was purposely out of euro the last session or two, as I was tending to matters of the YEN.
These were large trades and I had to focus so, I didn't come in and do my usual 2-drink minimum, stand up routine.
So now, being Friday, I can't get too excited about taking anything euro home over the weekend.
Are you short any ?
- #136,348
- Aug 28, 2009 8:18am Aug 28, 2009 8:18am
- | Joined Nov 2008 | Status: Everyone Breaks Even. | 2,296 Posts
- #136,349
- Aug 28, 2009 8:18am Aug 28, 2009 8:18am
- | Joined Nov 2008 | Status: Everyone Breaks Even. | 2,296 Posts
- #136,350
- Edited 8:21am Aug 28, 2009 8:19am | Edited 8:21am
- | Membership Revoked | Joined May 2008 | 1,027 Posts
The Bear Behind !
The Wild Dog In Front !
What Should The Poor E/U Do...!?
Where you from are YOU long or short eur/usd...
Pm me if your 1000 miles in radius of Melborne Australia...
- #136,351
- Aug 28, 2009 8:19am Aug 28, 2009 8:19am
- | Joined Aug 2007 | Status: Say what ? | 1,888 Posts
Toshi,
I've been sucked into that all week on the H4 placing shorts.
Trading that pair is like watching paint dry, but usually the moves are more predictable
and I find it easier to trade than EURUSD.
Any insight you or anyone else could offer would be helpful.
Cheers in advance
Dazzer
Wow, first I'm a breakfast cereal, now I'm Ann Landers
.Like I was telling Fool, I don't see the need to get ran over.
There are certainly lots of litle 10/20 pip pullbacks to sell into, but
the Players are buying these dips so I'm reluctant to stand in front of them.
I'm surprised I didn't consider the long side earlier, but I sure don't want it now,
after 400 pips and 8 days running.
AND sure there's probably a good 100 pip short in here...somewhere.
I'm just not yet convinced it's gonna be today. Monday could be a VERY different story.
- #136,353
- Aug 28, 2009 8:25am Aug 28, 2009 8:25am
rising channel vs falling trend line
I'm a bear hoping for a double top at the trend line before a big reversal
If the channel wins then eu heads toward 1.50
I'm a bear hoping for a double top at the trend line before a big reversal
If the channel wins then eu heads toward 1.50
Some drink at the fountain of knowledge. Others just gargle !
- #136,354
- Aug 28, 2009 8:26am Aug 28, 2009 8:26am
- | Joined Aug 2007 | Status: Say what ? | 1,888 Posts
I think it means a bear set up
just finding the D turning point to continue previous bear.
fontu
A voice of reason.....
Probably have a good one day sell off, then some more up, then the real sell off.
That will take some patience and a slightly bigger picture view.
You know the drill.....
- #136,355
- Aug 28, 2009 8:28am Aug 28, 2009 8:28am
- | Joined Nov 2008 | Status: Everyone Breaks Even. | 2,296 Posts
- #136,358
- Aug 28, 2009 8:31am Aug 28, 2009 8:31am
- | Joined Oct 2008 | Status: Trader | 1,035 Posts
silly day today 
no single order opened, no movement at all
no single order opened, no movement at all
ROBOT FOREX
- #136,359
- Aug 28, 2009 8:33am Aug 28, 2009 8:33am
- Joined Apr 2009 | Status: Live and learn. | 25,177 Posts
"If The Fool persists in his Folly he will become wise." - William Blake