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  • #157,341
  • Oct 30, 2009 8:41am Oct 30, 2009 8:41am
Quoting neo1599
Nice down move on the chart.
All my Long orders have been filled.

Reasons: Weekly uptrend intact. Daily uptrend intact.

Fib level(1.4855) at which the move failed yesterday needs some steam to be broken. I believe this down move was a perfect set-up for the bulls to get their orders in and break the fib level. I have just one more order to be filled which is at 1.4860.

Target: 1.5039

I am not an expert. This is my trade not something I advise to follow.

Edit: Inverted head and shoulders formation gets completed with this 4h bar. Oh sorry...
I'm with ya from earlier this morning, target 1.4896, not nearly as impressive but same direction nonetheless
~Ody
  • #157,342
  • Oct 30, 2009 8:41am Oct 30, 2009 8:41am
I'm tempted to short again for a fast scalp.....shit...I always have to remind myself that I don't need to trade right here right now, there's always next trade, maybe finer, after that one.............bloody psychology - this is what brings losess to my account....patience man....patience...
  • #157,343
  • Oct 30, 2009 8:42am Oct 30, 2009 8:42am
Looks like it will be a while before I pull the trigger on this pair
  • #157,344
  • Oct 30, 2009 8:43am Oct 30, 2009 8:43am
Hold your pants boys!!!
  • #157,345
  • Oct 30, 2009 8:43am Oct 30, 2009 8:43am
Quoting T.E.Lawrence
I'm tempted to short again for a fast scalp.....shit...I always have to remind myself that I don't need to trade right here right now, there's always next trade, maybe finer, after that one.............bloody psychology - this is what brings losess to my account....patience man....patience...
Ahhhh Yes patience, never jump in just to be in
  • #157,346
  • Oct 30, 2009 8:45am Oct 30, 2009 8:45am
Quoting T.E.Lawrence
Hold your pants boys!!!
I am waiting for nice confirmation above 4850 anything else right now me thinks is too risky but thats just me.
  • #157,347
  • Oct 30, 2009 8:46am Oct 30, 2009 8:46am
Quoting Ody
I'm with ya from earlier this morning, target 1.4896, not nearly as impressive but same direction nonetheless

Cheers to you mate. I think your target looks much better than mine. My system says to keep the target I mentioned, however I keep moving my SL up and if SL hit then wait for decent dip to re-enter been working with it for a while and it looks promising. I am not even gonna think of short unless daily trendline gets broken with close below the trendline.

Very High Volatility expected on the pair today. I guess it will be a make or break day for my account. SL's are gonna have to be very big or they will keep getting hit.

Neo
  • #157,348
  • Oct 30, 2009 8:49am Oct 30, 2009 8:49am
LOL all you scalpers must be loving it.

Have a great day guys.

Neo
  • #157,349
  • Oct 30, 2009 8:53am Oct 30, 2009 8:53am
Quoting neo1599
LOL all you scalpers must be loving it.

Have a great day guys.

Neo
pleasure is mine, and would be greater if this damn fiber will go finally down
  • #157,350
  • Oct 30, 2009 8:53am Oct 30, 2009 8:53am
stocks and s&p getting slaughtered gunning 1% negative Usd positive
  • #157,351
  • Oct 30, 2009 8:56am Oct 30, 2009 8:56am
54.2 chicago.... michican 70.6.. pmi
those who can, do. those who cant, talk about those who can
  • #157,352
  • Oct 30, 2009 8:58am Oct 30, 2009 8:58am
raging fight at the pivot point going on.

m
  • #157,353
  • Oct 30, 2009 9:00am Oct 30, 2009 9:00am
S&p drops below kijan line of 1060 - 1065 may be headed for cloud top of 1048 usd positive
  • #157,354
  • Oct 30, 2009 9:03am Oct 30, 2009 9:03am
spikes up and down
I knew this is going to be a sh*#t day for my trading style.
Had no position on nothing € DAX, or SP500. no direction no trade.
Good luck everyone,
The Cat
Trade on your own risk Plan your trade&trade your plan dont be a
  • #157,355
  • Oct 30, 2009 9:05am Oct 30, 2009 9:05am
Quoting acumen
raging fight at the pivot point going on.

m

It sure is! Got stopped out for a pip on first entry, then chased a spike like a trained monkey, now I have a stopless buy floating around at 1.4813

Friday shenanigans.
  • #157,356
  • Oct 30, 2009 9:06am Oct 30, 2009 9:06am
...anyway:

http://icanhascheezburger.files.word...-halloween.jpg
  • #157,357
  • Oct 30, 2009 9:08am Oct 30, 2009 9:08am
Quoting Pipster888
stocks and s&p getting slaughtered gunning 1% negative Usd positive

slaughterd, at this juncture, might be a bit of an overstatement.
  • #157,358
  • Oct 30, 2009 9:09am Oct 30, 2009 9:09am
Quoting T.E.Lawrence
we still should wait at least 15 mins for yanks to turn their slow shitty macs on

"....After 2 hours later, there are reports of Macinosh computers begining to boot up across the nation..."


He He. I'm in America, have owned a G5 (past-tense), and I still thought that was funny .
  • #157,359
  • Oct 30, 2009 9:11am Oct 30, 2009 9:11am
Quoting toshi
"....After 2 hours later, there are reports of Macinosh computers begining to boot up across the nation..."
  • #157,360
  • Oct 30, 2009 9:15am Oct 30, 2009 9:15am
This is quite a sluggish pair today, apparently not much interest in it.
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