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  • #183,441
  • Jan 21, 2010 10:31am Jan 21, 2010 10:31am
Quoting hoden123
hope i didnt make a big mistake. short since 1.4034
A little bit low...this was second time visit there, there might be pullback befoe that. But we should come there sooner or later.

Btw, you just shorted on verge of declining channel and its lower trendline (bottom), worst possible position.

Maybe better to close or hedge that, if you dont want to go minus for some time.
They think they are smarter than I am.
  • #183,442
  • Jan 21, 2010 10:34am Jan 21, 2010 10:34am
Quoting SashaP
Pay attention to Obamas speech at 11 40 eastern time
Are you expecting something significant?
If you don't risk, you don't ever have to lose.
  • #183,443
  • Jan 21, 2010 10:34am Jan 21, 2010 10:34am
OMG dow -186
  • #183,444
  • Jan 21, 2010 10:34am Jan 21, 2010 10:34am
Quoting Z3iz3i
A little bit low...this was second time visit there, there might be pullback befoe that. But we should come there sooner or later.

Btw, you just shorted on verge of declining channel and its lower trendline (bottom), worst possible position.

Maybe better to close or hedge that, if you dont want to go minus for some time.
prey to OBAMA to move the USD lower, he is gonna speak during your next 15 minute candle bar, lol. good luck to us all and OBAMA to make a good speech on baking system....
  • #183,445
  • Jan 21, 2010 10:35am Jan 21, 2010 10:35am
Quoting bug
Are you expecting something significant?
it will give market direction
  • #183,446
  • Jan 21, 2010 10:36am Jan 21, 2010 10:36am
Wow my God ! H&S hypothesis have lost but ABCD appears. again long tp ,the same 1.4117.
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #183,447
  • Jan 21, 2010 10:36am Jan 21, 2010 10:36am
Quoting bug
Are you expecting something significant?
especially when he will be talking about the banking system
  • #183,448
  • Jan 21, 2010 10:38am Jan 21, 2010 10:38am
he is speaking now
  • #183,449
  • Jan 21, 2010 10:38am Jan 21, 2010 10:38am
Quoting kilalik
anyone feeling or thinking that this momentum is dying??? maybe the 3rd way will be not as strong but it should come any time soon, then i will be thinking getting out of trades and speculating
on the daily chart I'd expect to encounter some support at the 1.40-4050 region. But I think it will be short lived with Price well below the 200 day moving average as well as the 50 day moving average crossing below the 100 day moving average.

In addition we have the breakout of the Bearish flag formation on the daily. If we do a measured move of the previous move preceding the flag and project it onto the breakout we get about 1.37. However, Looking at the daily chart 1.38 has historically served as a place of support or resistance so I would expect this to be the next significat level.

In short, expect 1.4250 to cap any upside with prices targeting 1.38
  • #183,450
  • Jan 21, 2010 10:39am Jan 21, 2010 10:39am
  •  Kokan
  • | Joined Mar 2007 | Status: Should I stay, or should I go | 73 Posts
Long 1.4052 and 104045 sl 1.3988 tp will see
  • #183,451
  • Jan 21, 2010 10:45am Jan 21, 2010 10:45am
we going sooo down Dow j -226
  • #183,452
  • Jan 21, 2010 10:47am Jan 21, 2010 10:47am
looking usd/jpy does not stop. falls
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  • #183,453
  • Jan 21, 2010 10:50am Jan 21, 2010 10:50am
Quoting Maforexcity
hi
entry =1.41200
sl=1.4162...


there yo go
market hits the first tp( tp1=1.40300 ) so there is no reason for holding reverse orders so i eliminate them
from now on i put the sl's on the entry points for maintaining the profits.
good luck
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  • #183,454
  • Jan 21, 2010 10:51am Jan 21, 2010 10:51am
i guess i was right about stop hunting before, but maybe this now is also stop hunt, but i think not, lol
  • #183,455
  • Jan 21, 2010 10:51am Jan 21, 2010 10:51am
my short got stopped out. but long entry some mins ago. recovered my losses.
  • #183,456
  • Jan 21, 2010 10:51am Jan 21, 2010 10:51am
this is nuts!
  • #183,457
  • Jan 21, 2010 10:52am Jan 21, 2010 10:52am
what is happening????? 80pips in less than a minute
  • #183,458
  • Jan 21, 2010 10:52am Jan 21, 2010 10:52am
fast fall, fast up.
This is forex.
  • #183,459
  • Jan 21, 2010 10:52am Jan 21, 2010 10:52am
Hey guys, thanks for the heads up on the Obama speech.
Got a few pips there on a quick move.
If you don't risk, you don't ever have to lose.
  • #183,460
  • Jan 21, 2010 10:52am Jan 21, 2010 10:52am
Quoting fontu
Wow my God ! H&S hypothesis have lost but ABCD appears. again long tp ,the same 1.4117.
fontu
GREAT CALL !! Fontu....spot on !!

greg
hang on to your bread......unless you want toast
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