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  • #215,081
  • Mar 23, 2010 2:44pm Mar 23, 2010 2:44pm
Quoting stallionez
I still think yesterdays low can hold, but if it doesnt i will wait to get in long again. However the longer we go forward in time and it doesnt break then i am happy that it is the CIT as per my system and we will eventualy go up into early next week.
We just need a little good news re: Greece and the euro will climb. If Greek PM comes out and says, "Hey I had a good poop this morning and it didn't even smell up the place. Oh, and we don't need no money, we fine," then the euro will explode above 1.3530.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #215,082
  • Mar 23, 2010 2:46pm Mar 23, 2010 2:46pm
Very nice and straightforward market today. Relatively noise free.
Discipline + Patience - Fear - Greed = Success
  • #215,083
  • Mar 23, 2010 2:47pm Mar 23, 2010 2:47pm
Quoting The Fool
We just need a little good news re: Greece and the euro will climb. If Greek PM comes out and says, "Hey I had a good poop this morning and it didn't even smell up the place. Oh, and we don't need no money, we fine," then the euro will explode above 1.3530.
Yeah but let's face it, greece is enjoying being the center of attention, and I'm sure Germany loves the Euro falling, all good for industry and all that. So no I think the Greek Prime Minister will remain terribly constipated.
I operate with clear definite rules, if I break them I lose BIG!
  • #215,084
  • Mar 23, 2010 2:49pm Mar 23, 2010 2:49pm
Technically speaking this is a sell on daily, MACD histogram clearly indicates that price action has weakened.

Fundamentally it may well be a buy, I sure don't know this, but even if it is I keep reminding myself that markets can stay irrational longer than one can stay solvent. Also, markets do reflect what key players make of fundamentals.
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Prices oscillate, trends persist. Trend is your friend.
  • #215,085
  • Mar 23, 2010 2:50pm Mar 23, 2010 2:50pm
Quoting ubaidahsan
woww 3995 we was hoping for that level since long time hahaha but we haven't seen it so far lol and you are expecting that level below 3400

Ub

haha i dont know about expecting

also have a long order in. forget where but probably around 3585
  • #215,086
  • Mar 23, 2010 2:50pm Mar 23, 2010 2:50pm
dow up over 100 for the day, e/u down 50......haven't seen that in awhile !
hang on to your bread......unless you want toast
  • #215,087
  • Mar 23, 2010 2:59pm Mar 23, 2010 2:59pm
Quoting arezab
Very nice and straightforward market today. Relatively noise free.
You joking, right..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #215,088
  • Mar 23, 2010 3:09pm Mar 23, 2010 3:09pm
Quoting SkyzerFX
You joking, right..
Yeah i think he is!
"The Side that Knows When to Fight and When Not to, Will Take the Victory"
  • #215,089
  • Mar 23, 2010 3:10pm Mar 23, 2010 3:10pm
Quoting Icannaesee
Yeah but let's face it, greece is enjoying being the center of attention, and I'm sure Germany loves the Euro falling, all good for industry and all that. So no I think the Greek Prime Minister will remain terribly constipated.
Yes, isn't that the truth? Papa is milking his 5 minutes on stage for all it's worth....before he realises that he was the man than led his country into the deepest shit it's been in, in long, long time. What a loser......oh wait.....it's not HIS fault.....it's those damn speculators.....lol......
Doing what you like is Freedom. Liking what you do is Happiness.
  • #215,090
  • Mar 23, 2010 3:11pm Mar 23, 2010 3:11pm
Dow on viagra!
"The Side that Knows When to Fight and When Not to, Will Take the Victory"
  • #215,091
  • Mar 23, 2010 3:14pm Mar 23, 2010 3:14pm
Quoting SkyzerFX
Well, Even if It deeps below 1.34 it doesn't mean that it will go

straight to nothing.. This week should be very volatile, so I moved my

stop loss to 1.3325 for now... No worries, while other currencies are

rocking against the Dollar look at the board.. JPY and USD have lowest

strenght alone with EUR.. Longs are fine..

P.S

And GOLD,well, nowhere near $600, pushing $1105/oz now. looking good..
:O you will close your all longs at 3325???
as you are screaming in the forum i am sure you have more then 50-100 Euro trades?you will leave a boat if it goes there :O

Ub
  • #215,092
  • Mar 23, 2010 3:16pm Mar 23, 2010 3:16pm
Quoting gatorinla
*L* oil highs such as 80 82 and ? have slapped eu down since summer.. it aint rocket science.. kiwi... chf bottom.. double tops dow s/p ... there all over.. china tightening.. india tightening...so goes commodities (pairs) usd goes the other way.. yada yada..

whats gonna really freak them out is when s/p..dow.. usd ..go up hand in hand..
Yup.

Quoting Gld
dow up over 100 for the day, e/u down 50......haven't seen that in awhile !
  • #215,093
  • Mar 23, 2010 3:17pm Mar 23, 2010 3:17pm
Longs maybe in trouble that includes me. Could get a break tonight
  • #215,094
  • Mar 23, 2010 3:18pm Mar 23, 2010 3:18pm
Ok Someone go tell Marty to go throw those special logs on the fire so we can get this train moving.
I operate with clear definite rules, if I break them I lose BIG!
  • #215,095
  • Mar 23, 2010 3:20pm Mar 23, 2010 3:20pm
Until previous low is intact longs are ok
  • #215,096
  • Mar 23, 2010 3:21pm Mar 23, 2010 3:21pm
Quoting Icannaesee
Ok Someone go tell Marty to go throw those special logs on the fire so we can get this train moving.
I wouldn't expect too much movement until Asia....maybe even London...
  • #215,097
  • Mar 23, 2010 3:21pm Mar 23, 2010 3:21pm
Quoting vinesh2
Longs maybe in trouble that includes me. Could get a break tonight
Yeah, it's going down.. Better sell now, if you not sure, cause there

will be many surprises (like today action) till Friday for sure and I'm willing to play

I think I can still get my 1.3650+ target by Friday, but that's just me, others should sell.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #215,098
  • Mar 23, 2010 3:25pm Mar 23, 2010 3:25pm
Selling opp was at 1.38 no point getting in now
  • #215,099
  • Mar 23, 2010 3:26pm Mar 23, 2010 3:26pm
Quoting vinesh2
Selling opp was at 1.38 no point getting in now
Could turn out to be one of the best entries of the year (short @ 3800)...we'll see.
  • #215,100
  • Mar 23, 2010 3:29pm Mar 23, 2010 3:29pm
Quoting vinesh2
Longs maybe in trouble that includes me. Could get a break tonight

something is cooking .... not sure what it is BUT I found the market to be really odd today , maybe it was just me

and that break out in last hour on ES waso n massive volume , could be all hidden sellers . Have to wait until tomorrow to see if there is a down move
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