XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
Cable Update (GBPUSD)
- #203,241
- Mar 3, 2010 10:26pm Mar 3, 2010 10:26pm
- Joined Aug 2009 | Status: Patience = Simplest of all skills | 7,152 Posts
gu makeing conffused ... bull or bear???????????????????????????????/
- #203,244
- Mar 3, 2010 10:36pm Mar 3, 2010 10:36pm
- Joined Dec 2009 | Status: The New Legend™ | 4,846 Posts
Always looking the GREAT, never left GOOD Point...
- #203,246
- Mar 3, 2010 10:37pm Mar 3, 2010 10:37pm
Hi Jemmy, I like your 'points' tactic - is it your idea or did you borrow it from somewhere else? A nice simple way of evaluating quality and timing entries - a good way of preventing "jumping in to soon". Many pips to you
working with many indicators confusing me sometimes..
to make easier i give point for each indicator, count the total score and analyse it day by day..
I trade once a day, decision (open, close or flat) made after last day candle closed..
green pips to you and all..
Patience + Discipline = 
- #203,247
- Mar 3, 2010 10:41pm Mar 3, 2010 10:41pm
- | Additional Username | Joined Sep 2009 | 8,623 Posts
- #203,248
- Mar 3, 2010 10:46pm Mar 3, 2010 10:46pm
D-4 ~ BULLS 1 : 6 BEARS
D-3 ~ BULLS 0 : 7 BEARS
D-2 ~ BULLS 0 : 7 BEARS
D-1~ BULLS 0 : 7 BEARS
Today ~ BULLS 3 : 4 BEARS
how far bulls will climb?..
no trade today..
Attachment
D-3 ~ BULLS 0 : 7 BEARS
D-2~ BULLS 0 : 7 BEARS
D-1 ~ BULLS 3 : 4 BEARS
Today ~ BULLS 3 : 4 BEARS
.......
Patience + Discipline =
- #203,249
- Mar 3, 2010 10:48pm Mar 3, 2010 10:48pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #203,250
- Mar 3, 2010 10:50pm Mar 3, 2010 10:50pm
- Joined Mar 2007 | Status: 'sleeping in a dumpster' | 2,151 Posts
- #203,252
- Mar 3, 2010 11:02pm Mar 3, 2010 11:02pm
- Joined Dec 2009 | Status: The New Legend™ | 4,846 Posts
still drumming longs been buying all dips off 1.3500 .... awesome
I'm agree with you.
Because TRIANGLE Bearish really Not Perfect.
After She DOWN for a while.
She will go UP...
Cheers
Always looking the GREAT, never left GOOD Point...
- #203,254
- Mar 3, 2010 11:05pm Mar 3, 2010 11:05pm
- Joined Dec 2009 | Status: The New Legend™ | 4,846 Posts
A big angry Bear that had the Bull flu but is quickly getting over it
quite likely.. LOL
B
Always looking the GREAT, never left GOOD Point...
- #203,256
- Mar 3, 2010 11:09pm Mar 3, 2010 11:09pm
hmm, tat looks like a good bearish chart pattern.
However, if the EURO has bottomed, then that chart pattern wont work out..
It's best to sit out and just watch.
Tomorrow job reports coming out. Good reading equates to good stock market.... and EURO should climb .. correlated to DOW.
Some analysts have the view that if Greece is stabilized it will prove the euro has passed a major test, and lead to a fresh new rally against the US dollar. Of course we can never say never when it comes to trading/investing, but it seems an unlikely course precisely because of the key element needed by Greece and the other states in fiscal jeopardy-austerity.
Let’s suspend our disbelief for a moment and assume the respective parliaments among the key countries do muster the political courage to pass and implement real reform. Given Europeans love for nanny-state socialism, that will not be easy.
Draconian austerity will most likely lead to much slower economic growth throughout the Eurozone. Interesting that Germany, the European paymaster, is calling for austerity that will likely impact its exports very negatively. Another sour spot for German taxpayers I am sure ... as exports to Eurozone 25 countries have been on the mend likely as a result of much government stimulus money that is due to vanish if real austerity is tried.
And another country, that buys a decent amount of Eurozone bonds, China, won’t be too happy if its exports to the Eurozone take another hit.
It would seem that slower growth in the Eurozone, in the midst of deleveraging debt, increases the odds the next move by the European Central Bank will be down, instead of up, as unemployment across the zone is high and will likely grow on austerity moves ...
And monetary velocity is likely to fall, multiplying the impact of slow money growth throughout the Eurozone.
If growth slows because of austerity and the ECB is forced to cut interest rates (or at least is forced to remain on hold for a very long time), the advantage shifts decisively to the US dollar relative to the euro.
No doubt, we could see a healthy euro bounce if it muddles through this period of major risk. But when the hard grind and economic impact of real reform starts to settle into the market, the euro’s most likely path is lower against the dollar. And that eventuality would suit the European states the need major adjustment just fine. ~B Swan Cap.
It's Easy To Get In;.. It's Hard To Get Out 
- #203,257
- Mar 3, 2010 11:20pm Mar 3, 2010 11:20pm
- | Additional Username | Joined Sep 2009 | 8,623 Posts
- #203,259
- Mar 3, 2010 11:23pm Mar 3, 2010 11:23pm
Bro...
I'm agree with you.
Because TRIANGLE Bearish really Not Perfect.
After She DOWN for a while.
She will go UP...
Cheers
- #203,260
- Mar 3, 2010 11:30pm Mar 3, 2010 11:30pm
- Joined Dec 2009 | Status: The New Legend™ | 4,846 Posts
We can look to make pips both ways and care less
only which is first
Always looking the GREAT, never left GOOD Point...