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  • #186,881
  • Jan 29, 2010 8:51am Jan 29, 2010 8:51am
Quoting Rednose
Bad idea to read this thread while taking decisions....closed my short last night for +10 pips....should have hang on my charts..next target 1.3860...see last posts...
Damm...donīt want to chase the market..gonna go short again next opportunity.

Good luck you all.
this is where my buy limit is 1.388 and 1.3860 gl . i hope it gets there
  • #186,882
  • Jan 29, 2010 8:52am Jan 29, 2010 8:52am
Quoting gatorinla
you got that wrong.. your still living in the bush era.. pryer to that stocks and usd went up hand in hand.. during the bush era usd weakend as stock market went up.. in other words we were raped.. we paid for 14k dow regaudless if we bought stocks or not. we paid for them.. the usd was raped..

if its a correlation that is respected currently, regardless of where it came from, im going to respect it. just like right now, dow is going up and dollar is ever so slightly weakening across the board.
  • #186,883
  • Jan 29, 2010 8:52am Jan 29, 2010 8:52am
Quoting IMARICH1
Gator,

While you are in this subject and a great resource on this topic.....what is your view on stocks this year?

I took a huge hit in my retirement account but rode it all back up....Atlast was talking about the DOW dropping hard again once it reached the 10K area.....

So.....after regaining profit...I have switched over to a more safe and secure fund to weather this uncertainity out.....would you consider this foolish or not?

Thanks
i dont know.. the gd lasted 12 years. when gov. pulls crutches out nobody really knows. i doubt we get out of this in 5 years much less 1
those who can, do. those who cant, talk about those who can
  • #186,884
  • Jan 29, 2010 8:55am Jan 29, 2010 8:55am
Quoting jdutch
if its a correlation that is respected currently, regardless of where it came from, im going to respect it. just like right now, dow is going up and dollar is ever so slightly weakening across the board.
but its not.. its hitting head on a trend line... dollar is the highest its been since august.. where do you see weakness?
those who can, do. those who cant, talk about those who can
  • #186,885
  • Jan 29, 2010 8:56am Jan 29, 2010 8:56am
no reason for it to go to figure at 3900, i think i'm gonna buy at 3900-or 3980 nothing really holding it back my moving averages show something else, oh well
Don't be stupid! A black belt is a white belt that never quits!
  • #186,886
  • Jan 29, 2010 8:58am Jan 29, 2010 8:58am
Quoting jdutch
if its a correlation that is respected currently, regardless of where it came from, im going to respect it. just like right now, dow is going up and dollar is ever so slightly weakening across the board.
weakness??? just broke an upper tl.
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those who can, do. those who cant, talk about those who can
  • #186,887
  • Jan 29, 2010 8:59am Jan 29, 2010 8:59am
I think the level of 3650 - 70 is to achieve. I mentioned points a, b, c, d?. the way we have 50% of fibonaci level 3770 - 80. daily time interval.
I apologize for my language but used the translator.
eur/usd
  • #186,888
  • Jan 29, 2010 8:59am Jan 29, 2010 8:59am
its a fake...
StopLoss is for none belivers... Trust the Gurus..
  • #186,889
  • Jan 29, 2010 9:00am Jan 29, 2010 9:00am
Quoting gatorinla
but its not.. its hitting head on a trend line... dollar is the highest its been since august.. where do you see weakness?

today, if you look, when the dow loses ground, the dollar surges with more strength and vice versa. if the dow gains, the dollar is slightly pulling back or stalling. im not saying that the dow is the only indicator right now because the dollar strength is sooo strong its guiding everything, but it shines a light and can be one of a few of technical indicators to monitor. none of the correlating relationships are really working this week anyway.
  • #186,890
  • Jan 29, 2010 9:00am Jan 29, 2010 9:00am
Quoting nawafasad1
this is where my buy limit is 1.388 and 1.3860 gl . i hope it gets there
It will..
  • #186,891
  • Jan 29, 2010 9:01am Jan 29, 2010 9:01am
Quoting gatorinla
36 was my chart low yesterday.. my target was 24 and slippage to 20 r 12
At what level are you thinking of retracing back?
  • #186,892
  • Jan 29, 2010 9:03am Jan 29, 2010 9:03am
Hi all
The best thing that can happen to you is to find out where you're wrong.
  • #186,893
  • Jan 29, 2010 9:03am Jan 29, 2010 9:03am
Probably heading down to 1.382 once we break 1.388 area if not lower
  • #186,894
  • Jan 29, 2010 9:04am Jan 29, 2010 9:04am
Quoting gatorinla
weakness??? just broke an upper tl.

and im not following it against the dollar index, im watching against all the dollar pairs.
  • #186,895
  • Jan 29, 2010 9:05am Jan 29, 2010 9:05am
Quoting kilalik
At what level are you thinking of retracing back?
way way up.. where eu hits 1.04xx plus slippage to 0 usdx st 80.19 plus slippage.
those who can, do. those who cant, talk about those who can
  • #186,896
  • Jan 29, 2010 9:06am Jan 29, 2010 9:06am
Quoting jdutch
and im not following it against the dollar index, im watching against all the dollar pairs.
thats what usdx does.
those who can, do. those who cant, talk about those who can
  • #186,897
  • Jan 29, 2010 9:07am Jan 29, 2010 9:07am
Gator,

What do charts say now?
  • #186,898
  • Jan 29, 2010 9:07am Jan 29, 2010 9:07am
Quoting gatorinla
thats what usdx does.

thats fine and im aware of that, but i dont have that chart in front of me im saying.
  • #186,899
  • Jan 29, 2010 9:09am Jan 29, 2010 9:09am
Morning Driver!
Gator: Man I don't know how you do it, but in every single one of the levels you posted in your chart price stopped and bounced around it in 1M chart.
Keep up the good work man, you're very helpfull for new traders like me! You should feel very proud for your work in this sense, besides the profits you make, obviously!
  • #186,900
  • Jan 29, 2010 9:09am Jan 29, 2010 9:09am
Quoting moosley
crazy bet long trg 42... 4h
as said..crazy ..stop
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