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EURUSD

  • #147,521
  • Sep 28, 2009 10:48pm Sep 28, 2009 10:48pm
Quoting knuckledrag
.. a welding hood. Nooo, we never had fights at work.
what kind of welding?
FUBAR...
  • #147,522
  • Sep 28, 2009 10:50pm Sep 28, 2009 10:50pm
Quoting gatorinla
from 4585 longs were the way to go.. you had your back against the wall..so r/r was good........i cant blame you.. we got a fib from last years big move H/L @ 4619 being ignored too. but i would lock in be when able..4585 area is a line in the sand for me..and now taking out last low would help too and no new highs..just the opposite for bull side..on the 15 we did have a bullish consolidation that usauly turns bearish and ends with a spike up then continuation down..look for it..
Thanks Gator. Yes, I missed that one.

Reading PA more than anything else to see if it favors long. If not, can always get out at comission of 0.25% to my fund manager- see below.
The Thief of Wall Street
  • #147,523
  • Sep 28, 2009 10:51pm Sep 28, 2009 10:51pm
Quoting ak4x
what kind of welding?

Pipe
  • #147,524
  • Sep 28, 2009 10:54pm Sep 28, 2009 10:54pm
Quoting knuckledrag
Pipe
i got a bunch of prudhoe bay pics you'd probably enjoy. let me think of something... check your pm.
FUBAR...
  • #147,525
  • Sep 28, 2009 10:55pm Sep 28, 2009 10:55pm
Quoting realjumper
yes I read that article this morning...I won't comment on it though 'cos this isn't the correct place to do so....and, I'd hate for my Kiwi lingo to be misunderstood!!
Oh, no, wasn't expecting you to comment. Just thought I would pop it in while I was replying to you as I had just finished reading it. I get misunderstood all the time over here. I think kiwis have a funny/unusual (can't think of the right word) way of communicating. It's like we all had the same school teacher or something. Good trades.
Nothing worth having is easy.
  • #147,526
  • Sep 28, 2009 10:58pm Sep 28, 2009 10:58pm
Quoting ak4x
i got a bunch of prudhoe bay pics you'd probably enjoy. let me think of something...

I'm really going now. Later Ak
  • #147,527
  • Sep 28, 2009 10:59pm Sep 28, 2009 10:59pm
Quoting Patience
Oh, no, wasn't expecting you to comment. Just thought I would pop it in while I was replying to you as I had just finished reading it. I get misunderstood all the time over here. I think kiwis have a funny/unusual (can't think of the right word) way of communicating. It's like we all had the same school teacher or something. Good trades.
I think the teachers name was Fred Dagg wasn't it?

Trade well
Doing what you like is Freedom. Liking what you do is Happiness.
  • #147,528
  • Sep 28, 2009 11:42pm Sep 28, 2009 11:42pm
147474 explanation. gold line is a fib.
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those who can, do. those who cant, talk about those who can
  • #147,529
  • Sep 29, 2009 12:11am Sep 29, 2009 12:11am
This is not my analysis. Just sharing.

EUR/USD Elliott Wave Analysis

EUR/USD – 1.4626
EUR/USD: Wave v of (c) may extend to 1.4900
The single currency resumed recent upmove in line with our expectation and rose to as high as 1.4845 last week.



Although the pair then retreated from there on profit-taking and correction towards 1.4511/15 (50% Fibonacci retracement of 1.4177 to 1.4845 and previous support) cannot be ruled out, however, a sustain break below support area at 1.4407-48 (previous resistance turned support) is needed to signal a temporary top is in place.


Our preferred count on the daily chart remains that a wave (B) from 1.2329 is unfolding with A-leg ended at 1.4720, followed by wave B at 1.2457, the wave C from there is also a 3 legged move and is labeled as (a): 1.3739, (b): 1.2885, the wave iii of the 5-waver (c) from 1.2885 has ended at 1.4339 and wave iv is a triangle ended at 1.3878 and wave v is still in progress which has either ended at 1.4845 or may extend one more rise to 1.4910 (61.8% projection of 1.2457-1.4339 measuring from 1.3747) but reckon psychological resistance at 1.5000 would hold from here.



On the downside, only below said support area 1.4407-48 would bring fall to 1.4300 and later test of next support zone at 1.4177-91, break there would provide confirmation and bring correction to 1.4045.
  • #147,530
  • Sep 29, 2009 12:18am Sep 29, 2009 12:18am
Morning . It has got a shape now after considerable bleeding though not enough .and bull flag in H1,M30 perhaps . so can go upto 1.47 +(27/63) easily before further down or another leg down to 1.4548 before up to that level,which come first.
fontu
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #147,531
  • Sep 29, 2009 12:33am Sep 29, 2009 12:33am
I have to say I don't understand some of the f@#king charts 'round here.

Since this place is now all about pretty colourful charts, I just wanted to provide one that was a bit more jolly.

http://i33.tinypic.com/rtkd9d.gif http://i35.tinypic.com/n3krjp.gifhttp://i38.tinypic.com/sgpt88.gifhttp://i34.tinypic.com/2yv1egh.gif
Not all sins are created equal
  • #147,532
  • Sep 29, 2009 12:40am Sep 29, 2009 12:40am
Quoting Jay Walker
I have to say I don't understand some of the f@#king charts 'round here.

Since this place is now all about pretty colourful charts, I just wanted to provide one that was a bit more jolly.

http://i33.tinypic.com/rtkd9d.gif http://i35.tinypic.com/n3krjp.gifhttp://i38.tinypic.com/sgpt88.gifhttp://i34.tinypic.com/2yv1egh.gif
yes the koalas like this
  • #147,533
  • Sep 29, 2009 12:43am Sep 29, 2009 12:43am
anyone using Oanda having problems?
  • #147,534
  • Sep 29, 2009 12:45am Sep 29, 2009 12:45am
Quoting Jay Walker
I have to say I don't understand some of the f@#king charts 'round here.

Since this place is now all about pretty colourful charts, I just wanted to provide one that was a bit more jolly.
Maybe this one is better:

"Putting on a winning trade or even a series of winning trades requires absolutely no skill. On the other hand, creating consistent results and being able to keep what we've created does require skill."

ps. Just google where it comes from before challanging me on that. I am not the author.
The Thief of Wall Street
  • #147,535
  • Sep 29, 2009 12:47am Sep 29, 2009 12:47am
Quoting Fly2
anyone using Oanda having problems?
Yes. Their platform is down.

Don't call them or anything. Just start multiple threads on the topic.
Not all sins are created equal
  • #147,536
  • Sep 29, 2009 12:50am Sep 29, 2009 12:50am
Quoting Chicky
Maybe this one is better:

"Putting on a winning trade or even a series of winning trades requires absolutely no skill. On the other hand, creating consistent results and being able to keep what we've created does require skill."

ps. Just google where it comes from before challanging me on that. I am not the author.
I googled it and found some obscure site.

But the hell with it, I'll take credit for it and claim that I was drunk. Works for almost everything else.
Not all sins are created equal
  • #147,537
  • Sep 29, 2009 12:52am Sep 29, 2009 12:52am
Quoting Jay Walker
I googled it and found some obscure site.

But the hell with it, I'll take credit for it and claim that I was drunk. Works for almost everything else.
It's from Trading in the Zone by Mark Douglas.
  • #147,538
  • Sep 29, 2009 12:53am Sep 29, 2009 12:53am
Quoting Jay Walker
I googled it and found some obscure site.

But the hell with it, I'll take credit for it and claim that I was drunk. Works for almost everything else.
Well, that was our Mark Douglas of Trading in The Zone.

But the following is my chart (also) showing where we are now.
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The Thief of Wall Street
  • #147,539
  • Sep 29, 2009 12:56am Sep 29, 2009 12:56am
Quoting Jay Walker
Yes. Their platform is down.

Don't call them or anything. Just start multiple threads on the topic.
?
  • #147,540
  • Sep 29, 2009 12:57am Sep 29, 2009 12:57am
Quoting Chicky
Well, that was our Mark Douglas of Trading in The Zone.

But the following is my chart (also) showing where we are now.
Well, I have read Trading in the Zone and still do. Over and over.

But I don't learn lines off by heart. Oops.
Not all sins are created equal
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