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  • #219,981
  • Apr 2, 2010 10:49am Apr 2, 2010 10:49am
Quoting TradeWell
You guys are way too serious for a dull day.

Don't you want to know how Easter eggs are made?
It would have to be the other way around since the rabbait is the supposed one that lays the egg.
  • #219,982
  • Apr 2, 2010 10:51am Apr 2, 2010 10:51am
Quoting JgrB2010
Same here, but I think it's the way this indicator works and have to wait until it makes calculations to draw the harmonic pattern as the price moves.
JgrB
Thanks.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #219,983
  • Apr 2, 2010 10:55am Apr 2, 2010 10:55am
Quoting SkyzerFX
Longs have to wait till Monday Feds BS cleared out..

And Speaking about shorts, perhaps I'm the only one who short EU from

1.3682 yesterday, but it doesn't mean I was targeting some 1.31 nonsense.
I did short it from 1.3590 before from 1.3570 and today from 1.3560,
all TP at 1.3485

The BS is all about looking into the news, because the important data was far better than expected
  • #219,984
  • Apr 2, 2010 10:58am Apr 2, 2010 10:58am
Quoting SkyzerFX
Thanks.
I have been checking the code of the 'Harmonic Pattern' indicator but feel unable to find why it behaves like this. Barry Stander (he programmer) did such a heavy and great work with it!

Congrats!

JgrB
  • #219,985
  • Apr 2, 2010 10:58am Apr 2, 2010 10:58am
Quoting mmccormac
Yeah, you're the only one.

Good price btw, wish I could have sold it there yesterday since that's 100 pips higher than where the market was.
OMG!!! Coffee all over the screens.... thanks for that mc

Does 3577 count?

Attached Image
FUBAR...
  • #219,986
  • Apr 2, 2010 11:04am Apr 2, 2010 11:04am
Testing the lower TL of thw wedge
Attached Image
  • #219,987
  • Apr 2, 2010 11:04am Apr 2, 2010 11:04am
Quoting ak4x
OMG!!! Coffee all over the screens.... thanks for that mc

Does 3577 count?

Attachment
Good job man!

Yeah, that fits with what I'm seeing in the DX also. It's resting on that 38.2% and the mini 4hr channel line is right there also.

We have a nice bounce on the Daily channel & 61.8% Fib now though so this should keep going next week.
Attached Image (click to enlarge)
Click to Enlarge Name: dx-4.gif Size: 35 KB
  • #219,988
  • Apr 2, 2010 11:06am Apr 2, 2010 11:06am
Why would the fed call an emergency meeting to discuss rates? Since they cannot adjust them downward, there is nowhere for them to go but up. Given we just hit the bottom of a rising channel (on 1H at 3474), things could really break down from here with a rate increase. Sunday evening might set up for a good trade to the long side, however, I would want to close the position prior to the fed announcement on Monday.
  • #219,989
  • Apr 2, 2010 11:20am Apr 2, 2010 11:20am
Quoting ^Sam
Testing the lower TL of thw wedge
those who can, do. those who cant, talk about those who can
  • #219,990
  • Apr 2, 2010 11:23am Apr 2, 2010 11:23am
Quoting fishertodd
Why would the fed call an emergency meeting to discuss rates? Since they cannot adjust them downward, there is nowhere for them to go but up. Given we just hit the bottom of a rising channel (on 1H at 3474), things could really break down from here with a rate increase. Sunday evening might set up for a good trade to the long side, however, I would want to close the position prior to the fed announcement on Monday.
it been talked about over a month since the last overnight rate hike. its not what is thought of as a "fed rate hike". mmccormic was the first to tell me.
those who can, do. those who cant, talk about those who can
  • #219,991
  • Apr 2, 2010 11:24am Apr 2, 2010 11:24am
Quoting manojsai
short with target of 3335........
a small bounce expected at 3422
  • #219,992
  • Apr 2, 2010 11:30am Apr 2, 2010 11:30am
EurChf what a spike! ~ 270 pips, hope nobody got burnt or killed on that one
Prices oscillate, trends persist. Trend is your friend.
  • #219,993
  • Apr 2, 2010 11:32am Apr 2, 2010 11:32am
with all the holiday closures, same analysis, different week. Sell from 3550 sl locked in green, tp 3100 for NEXT week Friday, after the market returns to normal. Sky, I'll call you on that never see 3200 again.
All that is left in FF is just plain garbage. "Cloggie"
  • #219,994
  • Apr 2, 2010 11:32am Apr 2, 2010 11:32am
Quoting jsspmk
EurChf what a spike! ~ 270 pips, hope nobody got burnt or killed on that one
maybe those no sl people did.
those who can, do. those who cant, talk about those who can
  • #219,995
  • Apr 2, 2010 11:32am Apr 2, 2010 11:32am
Quoting manojsai
a small bounce expected at 3422
weekly?
  • #219,996
  • Apr 2, 2010 11:34am Apr 2, 2010 11:34am
Quoting gatorinla
maybe those no sl people did.

But even if there was a sl you would have gotten a massive slip, no?
Prices oscillate, trends persist. Trend is your friend.
  • #219,997
  • Apr 2, 2010 11:34am Apr 2, 2010 11:34am
Quoting jsspmk
EurChf what a spike! ~ 270 pips, hope nobody got burnt or killed on that one
Every single time the Swiss intervene, within a day or 2, (a couple of hours in the ESD/CHFs case) the market is right back at the same levels!
All that is left in FF is just plain garbage. "Cloggie"
  • #219,998
  • Apr 2, 2010 11:38am Apr 2, 2010 11:38am
Quoting tonyo524
with all the holiday closures, same analysis, different week. Sell from 3550 sl locked in green, tp 3100 for NEXT week Friday, after the market returns to normal. Sky, I'll call you on that never see 3200 again.

  • #219,999
  • Apr 2, 2010 11:38am Apr 2, 2010 11:38am
Quoting jsspmk
EurChf what a spike! ~ 270 pips, hope nobody got burnt or killed on that one
No but I got slammed on a similar spike on Feb 5 of this year.
  • #220,000
  • Apr 2, 2010 11:39am Apr 2, 2010 11:39am
Quoting cagriguler
Ditto
Prices oscillate, trends persist. Trend is your friend.
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