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  • #172,781
  • Dec 16, 2009 11:05am Dec 16, 2009 11:05am
Quoting IMARICH1
Does anyone see the Head and shoulder on 5 min chart?......it may prove to be valid.......4534 is the make or break spot....IMO
H&S patterns in ranging PA are simply wishful thinking.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #172,782
  • Dec 16, 2009 11:06am Dec 16, 2009 11:06am
Gator,

What do you think about the plausible H and S on 5 min chart...with a 50..ish move on a break at 4534 which would send price to 4478/76 which is Daily S1?
  • #172,783
  • Dec 16, 2009 11:10am Dec 16, 2009 11:10am
Quoting IMARICH1
Gator,

What do you think about the plausible H and S on 5 min chart...with a 50..ish move on a break at 4534 which would send price to 4478/76 which is Daily S1?
with the news coming shortly im sure sure it will have that long a chance to really take an effect anyway
  • #172,784
  • Dec 16, 2009 11:10am Dec 16, 2009 11:10am
What the heck lets cut interest rates to -1.0%
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #172,785
  • Dec 16, 2009 11:13am Dec 16, 2009 11:13am
Hell, I'll vote for long, just because we want to get some money that way... Let's see what they came up with...
Greed and impatience are our greatest enemies.
  • #172,786
  • Dec 16, 2009 11:14am Dec 16, 2009 11:14am
Quoting SkyzerFX
What the heck lets cut interest rates to -1.0%

2 minutes left
  • #172,787
  • Dec 16, 2009 11:15am Dec 16, 2009 11:15am
Quoting IMARICH1
Gator,

What do you think about the plausible H and S on 5 min chart...with a 50..ish move on a break at 4534 which would send price to 4478/76 which is Daily S1?
dono.. im looking at weekly mostly..heres a 4hr... nothing has changed.. now lets see what news says..to see if it changes st
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those who can, do. those who cant, talk about those who can
  • #172,788
  • Dec 16, 2009 11:21am Dec 16, 2009 11:21am
anyone got news?...all I am getting is FED is keeping rates steady.....but no language on tightening....
  • #172,789
  • Dec 16, 2009 11:21am Dec 16, 2009 11:21am
lost 10% yesterday and today :

1 week completely lost ffs...

my fault though :
  • #172,790
  • Dec 16, 2009 11:21am Dec 16, 2009 11:21am
That was so anticlimactic it makes me want to cry...
check out my blog: forexmademillionaire dot com
  • #172,791
  • Dec 16, 2009 11:22am Dec 16, 2009 11:22am
I got the info that there were no changes in the posture of FED. A slight weakening of the $ is expected...
Greed and impatience are our greatest enemies.
  • #172,792
  • Dec 16, 2009 11:25am Dec 16, 2009 11:25am
Long timeż?
  • #172,793
  • Dec 16, 2009 11:25am Dec 16, 2009 11:25am
forgot the glue and tape..............anybody see my hat ?
hang on to your bread......unless you want toast
  • #172,794
  • Dec 16, 2009 11:26am Dec 16, 2009 11:26am
FOMC is good @ digging out skeletons from their graves

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  • #172,795
  • Dec 16, 2009 11:26am Dec 16, 2009 11:26am
Quoting IMARICH1
anyone got news?...all I am getting is FED is keeping rates steady.....but no language on tightening....
Of course...this is the only way...for now.
Trader from Croatia
  • #172,796
  • Dec 16, 2009 11:27am Dec 16, 2009 11:27am
Well, never trust a broker. But since we are at a low point of the last few months, a long might be good for the market. But the market will tell

So far it seems there is quite an interest to go lower... (but the volumes still suck...)
Greed and impatience are our greatest enemies.
  • #172,797
  • Dec 16, 2009 11:29am Dec 16, 2009 11:29am
that is all or they are going to add some serious comments?
  • #172,798
  • Dec 16, 2009 11:30am Dec 16, 2009 11:30am
Quoting gatorinla
if it happens we will already have a new low on eu... but if aud gets below 89.40 you may want to reconsider usd shorts for a while..nap time
set a alarm here in case. currently 8996
those who can, do. those who cant, talk about those who can
  • #172,799
  • Dec 16, 2009 11:31am Dec 16, 2009 11:31am
Quoting forexlion
FOMC is good @ digging out skeletons from their graves

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ROFL!
  • #172,800
  • Dec 16, 2009 11:31am Dec 16, 2009 11:31am
  •  jaboo
  • | Joined Dec 2009 | Status: Ray Comfort is....the banana man | 236 Posts
if we can retrace back to .4535 i'll get in on the short.
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