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  • #197,341
  • Feb 17, 2010 11:13am Feb 17, 2010 11:13am
Quoting andpur
hello driver,

you mentioned earlier you were long since 36xx.
i am just curios, did it hit you SL?

it hit mine... i didn't expect this drop

No ... if you look back.... you will see that I was short from yesterday at 3744.
I have made a SAR today at 3662 and this was only my 1. level
The best thing that can happen to you is to find out where you're wrong.
  • #197,342
  • Feb 17, 2010 11:13am Feb 17, 2010 11:13am
Quoting smokemachine
does someone expect it to continue falling down from fib 23.6 3641? or is it over for today...?
the only thing it's going to do after 200 pips down, is A) nothing till tomorrow, or B) fly back up 200 pips.
  • #197,343
  • Feb 17, 2010 11:13am Feb 17, 2010 11:13am
Gator,

Trying to protect this Short I have been holding onto now for awhile at 3565.....

Do you see price retracing much? i was looking at the bottom of 4 hr tl as Resistance around 3635 and at least a test of the 3580 area.....

Or do you think this move is down before FOMC

Thanks
  • #197,344
  • Feb 17, 2010 11:13am Feb 17, 2010 11:13am
Quoting FX-Petra
Maybe, one day..... But not today!

BTW---Soros made his money by taking down the GBP (he and friends had enough muscle to lean until it popped). Dosen't mean he knows spit about where the price of gold is going.

Regards,
yea, Soros did something quite brave in you think about for a while. he could lose everything
  • #197,345
  • Feb 17, 2010 11:14am Feb 17, 2010 11:14am
Quoting gatorinla
a crowed gathers .. someone throws a rock.. someone fires into crowed.
euro goes to 0. the elite are buying gold with euros..
There is too much money to be made with EUR falling from its previous height. Gravity.
  • #197,346
  • Feb 17, 2010 11:15am Feb 17, 2010 11:15am
Quoting Gld
i got 46 as a softtop for now and 73 as a hardtop.....does that coincide with your ass chart ? ....i seemed to have misplaced mine AGAIN !
dont get panties in a wod.. we got time..usdx is taking a shit.
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those who can, do. those who cant, talk about those who can
  • #197,347
  • Feb 17, 2010 11:15am Feb 17, 2010 11:15am
Quoting PriceVolume
So, how long will we be in a downtrend....I don't know. But I know it hasn't been invalidated yet.
For the last week at least there is no trend, just trading between 1.35-1.38

I buy low and sell high. Besides I don't see any reason for today USD

action, nothing behind it. Keep doing what you doing, besides I don't even

have Sell Signal on H4 yet, maybe next candle and maybe not at all.

Dollar suck, and in general I'm going to stay short Dollar always, until

default, which is coming.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #197,348
  • Feb 17, 2010 11:16am Feb 17, 2010 11:16am
Quoting ak4x
Before the time of many of the folks here now, but he really reminds me of "Bruce"... I hesitate to mention username tho...

Oh why not...

Attachment

Yeah....He moved his "cut and paste" act over to the Oanda board. King of the serial posters.
  • #197,349
  • Feb 17, 2010 11:18am Feb 17, 2010 11:18am
Some resistance on RSI.
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  • #197,350
  • Feb 17, 2010 11:19am Feb 17, 2010 11:19am
Quoting cannarek
yea, Soros did something quite brave in you think about for a while. he could lose everything
Not sure how bribing German banking officals is brave...but to each his own!

Regards,
  • #197,351
  • Feb 17, 2010 11:19am Feb 17, 2010 11:19am
Gold going back up.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #197,352
  • Feb 17, 2010 11:21am Feb 17, 2010 11:21am
. . . waiting for eurusd price to retrace to 1.3700 at least will be safe to sell this pair.
The market will deceive you. Make your own judgement.
  • #197,353
  • Feb 17, 2010 11:21am Feb 17, 2010 11:21am
That's good advice
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  • #197,354
  • Feb 17, 2010 11:23am Feb 17, 2010 11:23am
Quoting ak4x
Before the time of many of the folks here now, but he really reminds me of "Bruce"... I hesitate to mention username tho...

Oh why not...

Attachment
Oh good gawd! It's the "hellbent" thing that gets me in a twist. Being "right" is nice and all, but when the market tells you you're "wrong", and rather than taking a loss and looking for a good entry in the opposite direction, if you cling to having to be "right" you get pwnd. I care more about making money that having to be right all the time.
  • #197,355
  • Feb 17, 2010 11:23am Feb 17, 2010 11:23am
Quoting IMARICH1
Gator,

Trying to protect this Short I have been holding onto now for awhile at 3565.....

Do you see price retracing much? i was looking at the bottom of 4 hr tl as Resistance around 3635 and at least a test of the 3580 area.....

Or do you think this move is down before FOMC

Thanks
if your scalping why would you hold that short so long.. look at what you missed holding a loser.. i think if you held it this long it will not hurt to hold it longer. but dont get out as soon as it turns green.. you held it so make at least double the pips you already risked at least if possible. your m/m is still sucking.
those who can, do. those who cant, talk about those who can
  • #197,356
  • Feb 17, 2010 11:26am Feb 17, 2010 11:26am
Quoting gatorinla
if your scalping why would you hold that short so long.. look at what you missed holding a loser.. i think if you held it this long it will not hurt to hold it longer. but dont get out as soon as it turns green.. you held it so make at least double the pips you already risked at least if possible. your m/m is still sucking.
Bingo. Missed opportunities.
  • #197,357
  • Feb 17, 2010 11:29am Feb 17, 2010 11:29am
FYI-Daily Pivot on ACUMEN's D-Pivot indi is 1.3709...
  • #197,358
  • Feb 17, 2010 11:30am Feb 17, 2010 11:30am
Hm... first month of trading EUR/USD was extremely successful. This second month teaches me to get used to loosing some... it hurts. The more I (think I) know, the more it hurts...
  • #197,359
  • Feb 17, 2010 11:32am Feb 17, 2010 11:32am
I couldn't agree more with you gator!

I forgot to put a stop on it and thought I did. When I was in the green I was going to take profit at 3500 as i had a limit entered and had 3585 as a Stop (I thought).....

When i came back to the screen price already took off....i should have just closed manually on Friday but i held it over the weekend during its consolidation.....that back fired on me and i was overleveraged on it...

Just poor money management and decison.

i don;t think i want to hold this for another run up to 3780 or whatever....if it does.....would rather just cut my loss and try and get another trade....

My line in the sand is 3640 before i cut.....if it breaks lower...i will be watching 3580!
  • #197,360
  • Feb 17, 2010 11:33am Feb 17, 2010 11:33am
Quoting freedom48
anyone knows what happen????
The rumor is Italy was engaged in the same credit derivatives as Greece, destroying Euro...
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