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  • #203,221
  • Feb 26, 2010 2:17am Feb 26, 2010 2:17am
Quoting PriceVolume
No, I really mean it. Even though someone always has to lose....I never wish it on anyone (well, maybe a few a-holes, but anyways). I agree with the observation that momentum has reduced. However, a pause, ranging, or pullback is necessary for the trend to continue.....or reverse for that matter. But it depends on your entry point......I've got shorts running from Dec, so I'm bulletproof....I'm just enjoying the scalping action now. Loss in momentum does not equate reversal.....it's all about the context. It does, however, imply that one should...
Amen to that, i hope i can make up some of the losses of my yesterday's horrible revenge trades!
"The Side that Knows When to Fight and When Not to, Will Take the Victory"
  • #203,222
  • Feb 26, 2010 2:20am Feb 26, 2010 2:20am
see pic
I agree with entry level but not sure if it will get there...
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Trade on your own risk Plan your trade&trade your plan dont be a
  • #203,223
  • Feb 26, 2010 2:21am Feb 26, 2010 2:21am
3559 may soon be a hard top..
those who can, do. those who cant, talk about those who can
  • #203,224
  • Feb 26, 2010 2:23am Feb 26, 2010 2:23am
Quoting gatorinla
3559 may soon be a hard top..
Shhhhhh....you'll jinx it.
  • #203,225
  • Feb 26, 2010 2:23am Feb 26, 2010 2:23am
Read few days back Germani is actually drafted & planning for bailout secretely ,perhaps they all know no other alternative to keep intact eurozone solidarity. question is if eur will start rally before that news on 16th march ? may be making new lows by this time to , still many days ahead.
fontu

Quoting gatorinla
BERLIN (Dow Jones)--Euro-zone countries will bail out Greece if necessary, Luxembourg's Finance Minister Luc Frieden told Friday's Handelsblatt newspaper.

"We have no other choice. Europe is a solidarity community," Frieden was cited as saying.
He said the euro-zone countries won't allow Greece to become a risk for the single-currency area. Frieden also said it's "damaging if markets speculate with a new country every day."
"No country in the euro zone will go bankrupt," Frieden said, stressing however that Greece must do its homework...
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #203,226
  • Feb 26, 2010 2:24am Feb 26, 2010 2:24am
Quoting Trading Cat
see pic
I agree with entry level but not sure if it will get there...
We already reached that level...it has to go back again here ?

I has an order yesterday @ 1.3605...missed it by 2 pips !! too bad
COT: The precious data ignored
  • #203,227
  • Feb 26, 2010 2:24am Feb 26, 2010 2:24am
brit q/q gdp in an hour likely sub-zero. sound as a pound? hound goin down. 100+ pips drop on cable should drag e/u sub .3500.

or i could be totally wrong....
"If The Fool persists in his Folly he will become wise." - William Blake
  • #203,228
  • Feb 26, 2010 2:24am Feb 26, 2010 2:24am
Quoting fontu
Read few days back Germani is actually drafted & planning for bailout secretely ,perhaps they all know no other alternative to keep intact eurozone solidarity. question is if eur will start rally before that news on 16th march ? may be making new lows by this time to , still many days ahead.
fontu
they're so secretive about it, they don't even tell the people. they're gonna get flamed on election-day in 3 months, hopefully.
  • #203,229
  • Feb 26, 2010 2:26am Feb 26, 2010 2:26am
You know, someone has to lose, but it doesn't necessarily have to be retail traders. Even if we all got together and formed a trading block with our best, I think in that event we could theoretically outperform the big banks and steal their margin. But as is, that's who I feel I'm taking pips from the big banks who have to hold positions longer and can't move as much around. Although in reality of course, it's large mixture of everyone at the end of the game.
  • #203,230
  • Feb 26, 2010 2:26am Feb 26, 2010 2:26am
Quoting Trading Cat
see pic
I agree with entry level but not sure if it will get there...
Sostratos track record in EU is terrible though, if anything you should trade against their suggestions (not to mention, 10 min before current chart their other suggestion was to go long in EU, so the thought process that goes into those suggestions is as good as monkey pulling stuff out of its ass).
  • #203,231
  • Feb 26, 2010 2:32am Feb 26, 2010 2:32am
Strange candles on gold H1...
Any thought?
Attached Image
  • #203,232
  • Feb 26, 2010 2:36am Feb 26, 2010 2:36am
Quoting Trading Cat
see pic
I agree with entry level but not sure if it will get there...
May be good call but still not believe the entry chance over or it reached the top already also nor direct fall or any immediate one.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #203,233
  • Feb 26, 2010 2:36am Feb 26, 2010 2:36am
Quoting cacus
Strange candles on gold H1...
Any thought?
Sellers are coming....be ready for a move down
1113 and 1120 are good shorts opportunity but i don't trade gold
COT: The precious data ignored
  • #203,234
  • Feb 26, 2010 2:39am Feb 26, 2010 2:39am
Quoting fontu
Read few days back Germani is actually drafted & planning for bailout secretely ,perhaps they all know no other alternative to keep intact eurozone solidarity. question is if eur will start rally before that news on 16th march ? may be making new lows by this time to , still many days ahead.
fontu
they can bail them out all they want. a week later we will drop more. its lipstick on a pig. if germany bails them out then germany holds bad debt. if you make 1$ and your bills are 1.50$ you will never get ahead.. some of the money they make is paid back in usd. usd is going up so it takes more euros to pay that bill. asia is taking germanys export market share. it only gets worse. they cant compete with asian wages or asian commodity stockpiles.
those who can, do. those who cant, talk about those who can
  • #203,235
  • Feb 26, 2010 2:41am Feb 26, 2010 2:41am
Quoting cacus
Strange candles on gold H1...
Any thought?
looks like bullish engulfings to me.
"The Side that Knows When to Fight and When Not to, Will Take the Victory"
  • #203,236
  • Feb 26, 2010 2:43am Feb 26, 2010 2:43am
earlier i had gu gone to 5315 + target
those who can, do. those who cant, talk about those who can
  • #203,237
  • Feb 26, 2010 2:43am Feb 26, 2010 2:43am
Quoting skiffx
Sostratos track record in EU is terrible though, if anything you should trade against their suggestions (not to mention, 10 min before current chart their other suggestion was to go long in EU, so the thought process that goes into those suggestions is as good as monkey pulling stuff out of its ass).
yes they are not the best in EU heheheh and yes sometimes better to do just the opposite... I dont trade their suggestions I jsut post them here. I trade my own plan and that wasnt that gr8 this week either but at least it was my own hehehe.

Quoting fontu
May be good call but still not believe the entry chance over or it reached the top already also nor direct fall or any immediate one.
fontu
I would be happy to get in short around 3596 and yes I dont see a direct drop either more a slow grinding down time.

T.Cat
Trade on your own risk Plan your trade&trade your plan dont be a
  • #203,238
  • Feb 26, 2010 2:44am Feb 26, 2010 2:44am
Quoting PriceVolume
Shhhhhh....you'll jinx it.
well we got the bounce
those who can, do. those who cant, talk about those who can
  • #203,239
  • Feb 26, 2010 2:46am Feb 26, 2010 2:46am
big long yesterday! I close this night this long at 1.3596 i have open at 1.3515. I do um trade 1.3510 at 1.3535. I think big suporte at 1.3445 and maybe in this point is up so I buy € . I re-open long at 1.3555 1 position
  • #203,240
  • Feb 26, 2010 2:47am Feb 26, 2010 2:47am
all wut u need a trendline

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