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  • #213,041
  • Mar 18, 2010 2:44pm Mar 18, 2010 2:44pm
you would think that if there was a rumor going around that you were going to do something and you knew you weren't you would say so..but the again maybe he is....confused
  • #213,042
  • Mar 18, 2010 2:45pm Mar 18, 2010 2:45pm
Quoting SkyzerFX
You going to be 5 years older waiting for that Target, and 1.38 coming

in few days, maybe not tomorrow, cause it's Friday, which usually bad

for equity markets..
No. 1.24 (1-2 weeks), have u ever held a trade for more than 100 pips?
  • #213,043
  • Mar 18, 2010 2:46pm Mar 18, 2010 2:46pm
Wouldn't want to be a EUR bull with this weekly close below 1.3610
Prices oscillate, trends persist. Trend is your friend.
  • #213,044
  • Mar 18, 2010 2:46pm Mar 18, 2010 2:46pm
Quoting Clouds
No. 1.24 (1-2 weeks)
Interesting, I'll copy that.., - Pray hard for Rate hike.. Or 1.38 coming on Monday..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #213,045
  • Mar 18, 2010 2:47pm Mar 18, 2010 2:47pm
SKY-I like reading your posts you seem like a good trader so please don't take my opinion the wrong way its just my opinion. With the E/U bound to go lower and hearing about the Swiss losing money trying to prop up the euro/chf who knows how low it can really go. I completely understand that it looks great on the charts being at the low ect and looks cheap but make sure you dont loose your shirt if your lottery ticket doesnt win. Its seems your whole reasoning is based on intervention, i hope it happens for your case but what if it doesnt? Where are you placing your SL? I think buying usd/cad looks like a better bet from here just my honest opinion for what its worth.
Former Trader Of the Year of the 95% losing club! Retired
  • #213,046
  • Mar 18, 2010 2:53pm Mar 18, 2010 2:53pm
Quoting SkyzerFX
Thanks, In terms of EURCHF nothing behind it just the fact that all time low

is near 100+ pips And I can simply throw some money into it, when else

I'm going to play Lottery, which is played ones in 30 years? I'm taking

my chances here.

EU is different.. Take 4H chart place BB 20/2 on that and Sell top band,

buy lower band, that's all you have to do. I don't see no trend here so far

not down not up.. It's flat 1.3450-1.38+ wide and more likely 1.3550-1.38,

that's all.. I don't buying everything in 1 piece.. Like Stocks.. Buy 100-200

shares

on...

Fair enough, best of luck my friend
"The Side that Knows When to Fight and When Not to, Will Take the Victory"
  • #213,047
  • Mar 18, 2010 2:59pm Mar 18, 2010 2:59pm
I am not sure about round bottom as it indicates accelerated upward trend, but it is still in the channel on 2 different graphs
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  • #213,048
  • Mar 18, 2010 2:59pm Mar 18, 2010 2:59pm
Can anyone see this please? You should see my platform live.
Do not focus on making money; focus on protecting what you have.
  • #213,049
  • Mar 18, 2010 3:00pm Mar 18, 2010 3:00pm
Good morning all. Lot's of movement while I was sleeping I see....I hope you all made pips. I got right out of sync with the markets yesterday so I decided to stay out for the day. All my trades got stopped out at be so there was no damage, but I was taught to stay out when I'm out of sync with the market, and it's great advise, so I did!!!

Looking at the charts now, I see the round bottom is crumbling and I still hold my belief that 3410 is well possible. If that happens, 30xx should be available....and if that happens....well....we'll see!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #213,050
  • Mar 18, 2010 3:05pm Mar 18, 2010 3:05pm
The wheels are falling off......

Greece Prime Minister Papandreou set a one-week deadline for EU to craft the mechanism for the financial aid and said he may turn to IMF otherwise. German Chancellor Merkel's chief finance spokesman Meister said yesterday that "nobody apart from the IMF" has the instruments to push for Greece to restore its "capital-markets access" and attempting a Greek rescue without the IMF "would be a very daring experiment." The comments signaled a rift with Merkel and European leaders ECB Trichet, Luxembourg's Jean-Claude Juncker and France's Sarkozy. Also, it's believed there are now at least three other Eurozone nations that are open to the idea of calling the IMF if needed, including Finland, the Netherlands and Italy.

Source: actionforex.com
Doing what you like is Freedom. Liking what you do is Happiness.
  • #213,051
  • Mar 18, 2010 3:06pm Mar 18, 2010 3:06pm
Quoting Why Oh Why
Can anyone see this please? You should see my platform live.
I can. Your platform is so neat and beatiful, is that MT4 ?
.
  • #213,052
  • Mar 18, 2010 3:06pm Mar 18, 2010 3:06pm
Depends from where you start.

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  • #213,053
  • Mar 18, 2010 3:08pm Mar 18, 2010 3:08pm
Quoting realjumper

...I see the round bottom is crumbling...
Rounded bottoms are not worthy of anybody's attention in a down trend. Only novice traders believe that a rounded bottom is a reversal, statistically it has no merit.
Prices oscillate, trends persist. Trend is your friend.
  • #213,054
  • Mar 18, 2010 3:08pm Mar 18, 2010 3:08pm
This is my Mirror-Like Chart. #306
  • #213,055
  • Mar 18, 2010 3:09pm Mar 18, 2010 3:09pm
Quoting Why Oh Why
Can anyone see this please? You should see my platform live.

nice buddy, where are your TP for buying...if you can share your indicator, i'll be very pleasure
  • #213,056
  • Mar 18, 2010 3:11pm Mar 18, 2010 3:11pm
Quoting TheLastCoke
Depends from where you start.
That's right, it does.

I'm looking at Feb 8 as the start, and at the moment it's still intact, so there's no change at the moment. It's in the balance right now as we are more or less at the Feb 8 level, however, todays daily candle isn't too encouraging if this round bottom is going to 'produce the goods'....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #213,057
  • Mar 18, 2010 3:13pm Mar 18, 2010 3:13pm
Quoting jsspmk
Rounded bottoms are not worthy of anybody's attention in a down trend. Only novice traders believe that a rounded bottom is a reversal, statistically it has no merit.
I have never bought into the thinking that 'round bottom = reversal'......but, it is worth bearing in the back of ones mind. For me this whole consolidation period has been a tremendous pain in the ass, but a good test of patience and MM....so all in all, it's been good for me.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #213,058
  • Mar 18, 2010 3:15pm Mar 18, 2010 3:15pm
Quoting essenza
nice buddy, where are your TP for buying
No set TP. Managed by EA based on stochs. I take it all was fine with the display essenza?
Do not focus on making money; focus on protecting what you have.
  • #213,059
  • Mar 18, 2010 3:16pm Mar 18, 2010 3:16pm
Quoting realjumper
I have never bought into the thinking that 'round bottom = reversal'......but, it is worth bearing in the back of ones mind. For me this whole consolidation period has been a tremendous pain in the ass, but a good test of patience and MM....so all in all, it's been good for me.
Patience is a virtue. So far it's beaten last pullback by 3 days (depending on the count criteria)

Next time we hit 1.3430-40 zone it will drop like a stone, this failure below 1.4 will be intermediate top for months to come. So you might as well get used to holding this short.
Prices oscillate, trends persist. Trend is your friend.
  • #213,060
  • Mar 18, 2010 3:19pm Mar 18, 2010 3:19pm
Quoting essenza
nice buddy, where are your TP for buying...if you can share your indicator, i'll be very pleasure
Sure. Go here.
Do not focus on making money; focus on protecting what you have.
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