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  • #160,501
  • Nov 11, 2009 3:16am Nov 11, 2009 3:16am
Quoting The Fool
For Godsake let's not fly off half-cocked.
When I'm flying off only HALF cocked, well shoot, I'm only half way there.
Fully, 100% totally COCKED ! Only way to fly !
  • #160,502
  • Nov 11, 2009 3:20am Nov 11, 2009 3:20am
Quoting toshi
When I'm flying off only HALF cocked, well shoot, I'm only half way there.
Fully, 100% totally COCKED ! Only way to fly !
Try not. Do... or do not. There is no try.
Getting it right is NOT as important as not getting it wrong.
  • #160,503
  • Nov 11, 2009 3:20am Nov 11, 2009 3:20am
  •  G_Man
  • | Joined Aug 2009 | Status: getting ready for the next Battle | 781 Posts
here's what 5060 looks like just incase you dont know ..
Attached Image
  • #160,504
  • Nov 11, 2009 3:21am Nov 11, 2009 3:21am
Quoting TexasforEX
well, i said probably it would take off and blow through those stops again. I don't know for sure. Nobody went broke taking profits and I like to get paid for my time and worry.

I also have plenty of longs from lower levels that will pay me off nicely if it indeed does break.
Just saw your above reply that also answers my query.

Thanks again!
  • #160,505
  • Nov 11, 2009 3:26am Nov 11, 2009 3:26am
Quoting Trading Cat
not so sure if it goes so fast.
I am looking at october high (23.) at around 1,5063.
Personally I would prefer if it comes back down to R1 1,5029 for me to re-enter longs. Otherwise a break of 44 will make my trigger finger itch.
The Cat
yes, definately - entering at pull back is wise approach
  • #160,506
  • Nov 11, 2009 3:27am Nov 11, 2009 3:27am
Quoting imhotep
TP 1.5040 also hit for me ... where do you think it will go now? 1.5060?
not sure where its going could come down first and then make its way up one never knows that 100%. I would say if it goes further up it will find some big resistance at round 1,5063.
For the last 1hr we struggle toget above 44, which could mean 2 things eitherweare making newsupport area from here € will continue its way up or we made a new high and come back down again.
My bias is te first one, butas usual PA will tell so wait and see what happens and trade what u see not what u think....
The Cat
Trade on your own risk Plan your trade&trade your plan dont be a
  • #160,507
  • Nov 11, 2009 3:35am Nov 11, 2009 3:35am
BIS selling on 5040. ForexLive says.
How it affect eurousd?
ABCD..
  • #160,508
  • Nov 11, 2009 3:35am Nov 11, 2009 3:35am
Yawn...
In Charts We Trust!
  • #160,509
  • Nov 11, 2009 3:36am Nov 11, 2009 3:36am
Quoting Trading Cat

My bias is the first one, but as usual PA will tell so wait and see what happens

and trade what u see not what u think....
The Cat
These are wise words, Cat

But what if you trade what you think you see and it turns out you need better glasses ?
  • #160,510
  • Nov 11, 2009 3:44am Nov 11, 2009 3:44am
this is like deja vu all over again - Oct. 25
"If The Fool persists in his Folly he will become wise." - William Blake
  • #160,511
  • Nov 11, 2009 3:45am Nov 11, 2009 3:45am
AUDJPY is giving a nice ride if anyone wants to recover some EUR short losses
In Charts We Trust!
  • #160,512
  • Nov 11, 2009 3:46am Nov 11, 2009 3:46am
Quoting sreeprakash
BIS selling on 5040. ForexLive says.
How it affect eurousd?
well, you see it's not moving past there at the moment, so there's the effect....

Yes I read thru the little quips by Gerry Davies at ForexLive (I don't trade there)

He's sitting around typing stuff over there like all of us in here.

I think we have more colorful commentary on this side, IMO

PLUS, ForexLive doesn't have a Gator or a Jay walker.

No contest. Forex factory rules !
  • #160,513
  • Nov 11, 2009 3:47am Nov 11, 2009 3:47am
Weehooo! Riding 103 pippies on GBPCAD!!! Wee!!
In Charts We Trust!
  • #160,514
  • Nov 11, 2009 3:50am Nov 11, 2009 3:50am
Quoting The Fool
this is like deja vu all over again - Oct. 25

lol.....funny that you should say that......I was just this minute looking back at that date!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #160,515
  • Nov 11, 2009 3:50am Nov 11, 2009 3:50am
I've concluded that....if I have to pick between trend trading and news trading....trend trading wins hands down.....the trend resumes most of the time as news seems to be nothing but a temporary bump in the road...
In Charts We Trust!
  • #160,516
  • Nov 11, 2009 3:52am Nov 11, 2009 3:52am
Quoting The Fool
this is like deja vu all over again - Oct. 25
http://cdn.forexfactory.com/nfs/cust...ar99620_29.gif

This is a VERY serious looking baby. He ain't bullshin'. He's sayin', "It's On !"
  • #160,517
  • Nov 11, 2009 3:54am Nov 11, 2009 3:54am
1.51 today.
  • #160,518
  • Nov 11, 2009 3:56am Nov 11, 2009 3:56am
Quoting "expert"
in 35 minutes bigest auction of treasuries will be in progress.So if anything happens it will be then.As for todays happening i think.possible big longs since everybody expect to go ok with this auction.Goverment will buy again it means it will let some more money in market.so dollar will go down maybe and euro...We arw arround daily Pivot for now.last 1 hr candle didnt close below
so wil see what this candle doo.I am making smal positions all day and now waiting 30 minutes more

will see

seeya
I was foe shorts but that was few days before when they said no more buying of this papers.Dow went below 10000 points.I think they see trhat market is not ready for taking out money from the market so yesterdays auction we see it now in action i think.I went long at 4950 and still holding it.Was hoping for bad news from GBP in unempoyment and that tt will push euro more up to 5060 but that didnt happened.Still above 5m gann line and ichimoku and RSI is above 50 so...will wait for 1 more hour.

5063 next pivot line this one is 5042
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  • #160,519
  • Nov 11, 2009 3:57am Nov 11, 2009 3:57am
  •  G_Man
  • | Joined Aug 2009 | Status: getting ready for the next Battle | 781 Posts
Quoting toshi
http://cdn.forexfactory.com/nfs/cust...ar99620_29.gif

This is a VERY serious looking baby. He ain't bullshin'. He's sayin', "It's On !"
i am honestly LMAO ...
  • #160,520
  • Nov 11, 2009 3:58am Nov 11, 2009 3:58am
  •  G_Man
  • | Joined Aug 2009 | Status: getting ready for the next Battle | 781 Posts
Quoting sreeprakash
BIS selling on 5040. ForexLive says.
How it affect eurousd?
now i beleive you ...
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