Closing at open......
Muahah!
Muahah!
Cable Update (GBPUSD)
- #166,383
- Sep 16, 2009 4:57pm Sep 16, 2009 4:57pm
- Joined Mar 2009 | Status: FX | 3,789 Posts
Veni, Vidi, Vici (We came, we saw, we conquered)
- #166,384
- Sep 16, 2009 6:08pm Sep 16, 2009 6:08pm
- Joined Jul 2009 | Status: Left Leg In, Right Leg Out! | 5,792 Posts
A pip is only worth it if you know how much you risked to earn it
- #166,387
- Sep 16, 2009 7:19pm Sep 16, 2009 7:19pm
- | Joined May 2009 | Status: Want money, not necessarily skills | 1,113 Posts
Buying as hell 
, no bears for me now
, no bears for me now
"Hate the sin, love the sinner." - Gandhi
Buying as hell
Mine was all good, only the J/U spike that messed me up.
Anyway...just woke up, still looking at the charts - good luck buddy!!
- #166,391
- Sep 16, 2009 9:15pm Sep 16, 2009 9:15pm
- | Joined May 2009 | Status: Want money, not necessarily skills | 1,113 Posts
Closed with a loss bro...I should have closed the trades at the dip with 200 pips lol, right now buying and going good.
See ya mate.
See ya mate.
"Hate the sin, love the sinner." - Gandhi
Closed with a loss bro...I should have closed the trades at the dip with 200 pips lol, right now buying and going good.
See ya mate.
Gabe, with the US strengthening across the boards, don't you think we should start going short for the 3 majors, or long for J/U?
- #166,394
- Sep 16, 2009 9:46pm Sep 16, 2009 9:46pm
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
Closed with a loss bro...I should have closed the trades at the dip with 200 pips lol, right now buying and going good.
See ya mate.
Where do you get these fantastic forecasts from?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
Does this mean we are finished losing strength? The bear market is OVER?
Where do you get these fantastic forecasts from?
- #166,397
- Sep 16, 2009 10:05pm Sep 16, 2009 10:05pm
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
A house of bears gone bull? I am now beginning to wonder why...
There is by no standards of trading a call for reversal on a bear market, with exception of the fact that we didn't plummet into the deep blue as so many were waiting for. Cripes I hope nobody got hurt by this.
When I called the bottom of the chart, I had also forecasted a range, a top if you will, ya might wanna keep an eye on this point, and at this juncture...I am not really sure I am ready to say WHY.
Fact is, as we approach a bull market, and people start entering there long positions, there is a GRAND likelihood of a TRIP OUT THE STOP bear drop, to sucker many into saying, I knew it was BEAR MARKET....
Then, Just as you would enter into your bear positions, we will start to see a bit of a slow recovery, and in the blink of an eye, you may have again lost your shorts to carefully placed stop losses, and after losing on a double down, you will again wait until some arbitrary support range that has to be broken before you will go long, only to see that this has turned the top of the market.
All the fancy lines you can draw on the chart to support theories, doesn't make you a better player. Seeing the chess moves 3 in advance will always win you the game.
As much as I am surprised that my email box wasn't spam flooded by the bears when we dropped the 1.6480 resistance point, is as much as I am suprised by the lack of interest shown in what insights there might be outside of the BEAR RALLY.
Well, guys, I guess, EZ come EZ go.
Play safe, in as much as I don't wanna lose my own pippery, I don't want any other somebody else talking of an ACID cocktail.
AND, by the WAY....
On the Quick Turns of the EG chart, I scaled a quick 480, closing just over 650 on the day. CHA CHING!
EG still favors the strength of Eur, so, IF by todays falls on EUR you think shorting is a good idea, and long on GBP is the way to go...Ya might wanna think that they both gunna play same direction, just faster climbs on EUR, and harder falls on GBP.
KNIGHT AWL!
There is by no standards of trading a call for reversal on a bear market, with exception of the fact that we didn't plummet into the deep blue as so many were waiting for. Cripes I hope nobody got hurt by this.
When I called the bottom of the chart, I had also forecasted a range, a top if you will, ya might wanna keep an eye on this point, and at this juncture...I am not really sure I am ready to say WHY.
Fact is, as we approach a bull market, and people start entering there long positions, there is a GRAND likelihood of a TRIP OUT THE STOP bear drop, to sucker many into saying, I knew it was BEAR MARKET....
Then, Just as you would enter into your bear positions, we will start to see a bit of a slow recovery, and in the blink of an eye, you may have again lost your shorts to carefully placed stop losses, and after losing on a double down, you will again wait until some arbitrary support range that has to be broken before you will go long, only to see that this has turned the top of the market.
All the fancy lines you can draw on the chart to support theories, doesn't make you a better player. Seeing the chess moves 3 in advance will always win you the game.
As much as I am surprised that my email box wasn't spam flooded by the bears when we dropped the 1.6480 resistance point, is as much as I am suprised by the lack of interest shown in what insights there might be outside of the BEAR RALLY.
Well, guys, I guess, EZ come EZ go.
Play safe, in as much as I don't wanna lose my own pippery, I don't want any other somebody else talking of an ACID cocktail.
AND, by the WAY....
On the Quick Turns of the EG chart, I scaled a quick 480, closing just over 650 on the day. CHA CHING!
EG still favors the strength of Eur, so, IF by todays falls on EUR you think shorting is a good idea, and long on GBP is the way to go...Ya might wanna think that they both gunna play same direction, just faster climbs on EUR, and harder falls on GBP.
KNIGHT AWL!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- #166,398
- Sep 16, 2009 10:06pm Sep 16, 2009 10:06pm
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
Hi Magix...could this Asian session a set up for the big downward spiral for the US market?
As of current..GU undecided, favoring the BULLS.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- #166,400
- Sep 16, 2009 11:28pm Sep 16, 2009 11:28pm
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
A house of bears gone bull? I am now beginning to wonder why...
Chances are I'll stay that way till proven wrong
Thank You 