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  • #198,341
  • Feb 18, 2010 10:04am Feb 18, 2010 10:04am
Quoting Sugarfree.h
Nice shot! Where did you know?
He is the mind. I'm just the arm
Attached Image
The best thing that can happen to you is to find out where you're wrong.
  • #198,342
  • Feb 18, 2010 10:05am Feb 18, 2010 10:05am
Quoting PriceVolume
I think you just gave LastCoke wood.
you said "wood"
hang on to your bread......unless you want toast
  • #198,343
  • Feb 18, 2010 10:10am Feb 18, 2010 10:10am
Quoting Gld
you said "wood"
...hand him a lighter, too.
  • #198,344
  • Feb 18, 2010 10:12am Feb 18, 2010 10:12am
Quoting Gld
you said "wood"
As in oak. Or mahogony. Or maybe pine.
  • #198,345
  • Feb 18, 2010 10:12am Feb 18, 2010 10:12am
Here is that chart I posted last night before I went to sleep. I did end up hitting my SL on my EU orders but they were for +20 and +1...oh well.
The good news is, I woke back up on alarm at 3640 and was waiting to see what happened around PP. I opened a couple more shorts @3638 and now locked in 20 and 1 again.

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  • #198,346
  • Feb 18, 2010 10:13am Feb 18, 2010 10:13am
Is the EURUSD goin to go up any soon? Double bottom?

Looking at the stock market, it has picked up steam and it is rallying, usually the dollar will decline right?
  • #198,347
  • Feb 18, 2010 10:20am Feb 18, 2010 10:20am
Anyone know what the reason for the 80pip spike at 14h15 GMT was? Can it be employment numbers linked?? The spike did occur 45min after the news was released thou?

Maybe the market was forecasting an improvement and everyone shorted the pair and after the news came out contrary to their expectations the market went opposite?

45min is a long lag thou?

Anyone?
  • #198,348
  • Feb 18, 2010 10:22am Feb 18, 2010 10:22am
Quoting 4exJunki
Anyone know what the reason for the 80pip spike at 14h15 GMT was? Can it be employment numbers linked?? The spike did occur 45min after the news was released thou?

Maybe the market was forecasting an improvement and everyone shorted the pair and after the news came out contrary to their expectations the market went opposite?

45min is a long lag thou?

Anyone?

I was wondering the same thing, then i guessed maybe it was the employment results.
"The Side that Knows When to Fight and When Not to, Will Take the Victory"
  • #198,349
  • Feb 18, 2010 10:22am Feb 18, 2010 10:22am
Quoting 4exJunki
Anyone know what the reason for the 80pip spike at 14h15 GMT was? Can it be employment numbers linked?? The spike did occur 45min after the news was released thou?

Maybe the market was forecasting an improvement and everyone shorted the pair and after the news came out contrary to their expectations the market went opposite?

45min is a long lag thou?

Anyone?
obama was testing a new brand of viagra
  • #198,350
  • Feb 18, 2010 10:23am Feb 18, 2010 10:23am
Quoting Kambooj
Reason is the Reverse Triangle Shown here. They usually imply strong reversals to happen. Wave e is a 3 section part with third section ending at 3555
Quoting PriceVolume
I think you just gave LastCoke wood.

Wood, yes but for different reasons......Kambooj (IMHO and with all due respect) your count is wrong....When coming from a bear market A start on the retrace (right picture) and from my point of view is not a triangle it is a consolidation channel that have to finish at point E in order to go lower.

GL
Attached Image
  • #198,351
  • Feb 18, 2010 10:23am Feb 18, 2010 10:23am
Sometimes when this happens I think it's the "stop hunters" from the brokers..
Dean



Quoting 4exJunki
Anyone know what the reason for the 80pip spike at 14h15 GMT was? Can it be employment numbers linked?? The spike did occur 45min after the news was released thou?

Maybe the market was forecasting an improvement and everyone shorted the pair and after the news came out contrary to their expectations the market went opposite?

45min is a long lag thou?

Anyone?
  • #198,352
  • Feb 18, 2010 10:25am Feb 18, 2010 10:25am
Quoting AMuharram
I was wondering the same thing, then i guessed maybe it's the employment results.

i didnt like todays PA and didnt trade live. I followed my gut on my demo and made 60 pips. But im not sure what the results would have been on my live account. I feel like it could have been a loss. :-(

Glad i stepped out thou. I think after yesterdays big drop and the lack of a proper retrace the market had to shake lose abit.....if you know what i mean.
  • #198,353
  • Feb 18, 2010 10:27am Feb 18, 2010 10:27am
Quoting 4exJunki
Anyone know what the reason for the 80pip spike at 14h15 GMT was? Can it be employment numbers linked?? The spike did occur 45min after the news was released thou?

Maybe the market was forecasting an improvement and everyone shorted the pair and after the news came out contrary to their expectations the market went opposite?

45min is a long lag thou?

Anyone?

Just another game of pinball by the banksters to take money from the high leveraged speculators.
  • #198,354
  • Feb 18, 2010 10:28am Feb 18, 2010 10:28am
Quoting forexlion
obama was testing a new brand of viagra

As i mentioned before Obama talks too much. He is more a PR campaign for the US. He should shut up and do some work! ;-) Stop scaring us traders.
  • #198,355
  • Feb 18, 2010 10:28am Feb 18, 2010 10:28am
Quoting 4exJunki
i didnt like todays PA and didnt trade live. I followed my gut

http://www.floridaventureblog.com/up...ges/gut_ii.jpg

on my demo and made 60 pips. But im not sure what the results would have been on my live account. I feel like it could have been a loss. :-(

Glad i stepped out thou. I think after yesterdays big drop and the lack of a proper retrace the market had to shake lose abit.....if you know what i mean.
.
  • #198,356
  • Feb 18, 2010 10:28am Feb 18, 2010 10:28am
great shout Driver. this from the 1m chart showing hesistancy at the 590-595 reason. considering going long with 10pip stop loss and see if another bump will happen at 600
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  • #198,357
  • Feb 18, 2010 10:31am Feb 18, 2010 10:31am
and form the 30m chart........?
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  • #198,358
  • Feb 18, 2010 10:32am Feb 18, 2010 10:32am
************ missed it
  • #198,359
  • Feb 18, 2010 10:33am Feb 18, 2010 10:33am
Quoting forexlion
.

this is not facebook stop adding photos of yourself on here!!
  • #198,360
  • Feb 18, 2010 10:36am Feb 18, 2010 10:36am
f**cking coffe cups!

LOL

hapipipin

Quoting Driver55
eyes on the short term.... on area 82-95
dreams do come true.
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