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  • #189,941
  • Feb 4, 2010 9:55am Feb 4, 2010 9:55am
Quoting jp09
are we going to see another test of the bottom?
What bottom?
  • #189,942
  • Feb 4, 2010 9:56am Feb 4, 2010 9:56am
Well it's good to see most people making good chunks of pips.

happy pipimpin
  • #189,943
  • Feb 4, 2010 9:56am Feb 4, 2010 9:56am
thanks gator. i am out of the trade and do not want to make a trade just trying to learn that wat will be a long entry point and how will it be trigered. no intentins of tradin tomorow and today.
  • #189,944
  • Feb 4, 2010 9:58am Feb 4, 2010 9:58am
Quoting mmccormac
What bottom?
haha sorry, i meant around 730!?
  • #189,945
  • Feb 4, 2010 9:59am Feb 4, 2010 9:59am
Quoting gatorinla
look at the chart.. see the big M building the last leg.
It would takes us down to 1.2xxx?
  • #189,946
  • Feb 4, 2010 9:59am Feb 4, 2010 9:59am
Missed most of this move as I wasnt at home much. Scalped a little at the beginning and at the end (if this is the end lol ). Sometimes I figure I should screw university.
  • #189,947
  • Feb 4, 2010 10:00am Feb 4, 2010 10:00am
Possible but would have to drop hundreds of pip like a rock or rise like a rocket to make it happen. However your right for surethere are some that will not pull the trigger thinking the market will stop or even retrace ouch a bit in the ass you get. I will always remeber and respect what a seasoned trader told me in Forex anything can happen and does it's just a matter of when.
Randy



Quoting Scotty B
Of course..Everyone should be using stops. I wouldn't call it dangerous though. To get yourself a margin call, you'd have to be pretty dumb. I don't care what the market is doing.
One good turn gets most of the blankets.
  • #189,948
  • Feb 4, 2010 10:01am Feb 4, 2010 10:01am
Nice H1 Doji
  • #189,949
  • Feb 4, 2010 10:01am Feb 4, 2010 10:01am
i'm long from 1.3739
i think 1.3754 is a resistance, when eur/usd can break this level then we reach maybe the next target 1.3770-75. if this level also break then it will test next target 1.3794
  • #189,950
  • Feb 4, 2010 10:02am Feb 4, 2010 10:02am
Quoting Clouds
silver broke 16 support , in route to 9
Yeah, right it's route to 0$, use common sense at least.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #189,951
  • Feb 4, 2010 10:04am Feb 4, 2010 10:04am
Tomo's NFP is going to be mostly flat imo that's why we are seeing these extreme moves
  • #189,952
  • Feb 4, 2010 10:04am Feb 4, 2010 10:04am
Quoting Liquid
All targets on EUR/USD have been hit. Was Short from 1.3971. Target 1 was hit @ 1.3851 and Target 2 was hit @ 1.3730. Will now look for possible buying pressure @ the 1.3730 area. Please keep in mind that NFP numbers are released Tomorrow. Trade cautiously.
Liquid, good indicator, showing resistance levels. Where can I get the same?
  • #189,953
  • Feb 4, 2010 10:04am Feb 4, 2010 10:04am
So is this bearish move done???

should we long this sucker or we might have another test of the previous low?
  • #189,954
  • Feb 4, 2010 10:08am Feb 4, 2010 10:08am
Quoting kilalik
So is this bearish move done???

should we long this sucker or we might have another test of the previous low?
I'm staying flat now. To many big lines on various time frames here in my eyes. Indecision untill we see an impulsive move. I'm favouring shorts though. Would have to make up a lot to convince me switching to bull mode atm...

sidenote: this is just a n00bs point of view. So take it as that.
  • #189,955
  • Feb 4, 2010 10:11am Feb 4, 2010 10:11am
we have been drifting north last month or so. excluding nfp last month and last friday maybe one or 2 other days. with all that went on today i bet a dime sushiroo will do the same. we may drift but i doubt we get to far north without touching 3709... this move is no surprise to gov. insiders. uad did not raise or kiwi for a reason.. china did not ease for nothing. add in domino affect with pigs..politicians are so scared they are saying euro will be here forever. why would they even say this. lack of confidence. some bunds sales in ez failed. uk is about to swan dive.. all built on a sand foundation. gd2 if we dont force china to raise currency peg.

remember cat laid off!!!
those who can, do. those who cant, talk about those who can
  • #189,956
  • Feb 4, 2010 10:13am Feb 4, 2010 10:13am
Quoting kilalik
So is this bearish move done???

should we long this sucker or we might have another test of the previous low?
big boys will push it trough 1.5650 and take a walk while the most of us triggering north
  • #189,957
  • Feb 4, 2010 10:13am Feb 4, 2010 10:13am
Quoting TrooperCoope
Missed most of this move as I wasnt at home much. Scalped a little at the beginning and at the end (if this is the end lol ). Sometimes I figure I should screw university.

I've learned more about economics and markets from trading then I ever did while I was in college. The practical experience of actually trading and understading why price moves is something most professors have no clue and which few textbooks even go indepth. At one point a prof. had me convinced trading for a living was impossible, he was a random walker. Glad I didn't listen to him.
This is what awesome feels like
  • #189,958
  • Feb 4, 2010 10:15am Feb 4, 2010 10:15am
Hi guys,

Bears entered where i marked
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  • #189,959
  • Feb 4, 2010 10:17am Feb 4, 2010 10:17am
Quoting Matt99
It would takes us down to 1.2xxx?
maybe.. time will tell.. if ez calapse 0... unless you think someone is gonna bail out the weaker countries. the german people may hang the politicians if that happens... then china is about to put a stake in germanys heart if not.. give it a 10 years or much less.. trade wars soon..
those who can, do. those who cant, talk about those who can
  • #189,960
  • Feb 4, 2010 10:19am Feb 4, 2010 10:19am
Quoting BudFox
At one point a prof. had me convinced trading for a living was impossible, he was a random walker. Glad I didn't listen to him.
I had a similar experience. The funny thing was, she was trying to convince us by showing a messy chart of GDP curves. "There is no system here" she said.... uhm... maybe... but I'm not buying units of GDP either.
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