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  • #226,361
  • Apr 15, 2010 12:08pm Apr 15, 2010 12:08pm
nice to have you here. i like stuff like that. voodoo hun.

Quoting suthmo
You have to think hyper dimensional voodoo physics
Its all in the mind.
  • #226,362
  • Apr 15, 2010 12:09pm Apr 15, 2010 12:09pm
Quoting suthmo
You have to think hyper dimensional voodoo physics
I love your pics suthmo. I'm taking it that you make those yourself?
  • #226,363
  • Apr 15, 2010 12:09pm Apr 15, 2010 12:09pm
Quoting suthmo
You have to think hyper dimensional voodoo physics
What devil are you, son?
  • #226,364
  • Apr 15, 2010 12:10pm Apr 15, 2010 12:10pm
Quoting JasonGuillen
I am actually interested in your logic. It seems so far beyond what my chart says.

Why are you so sure?

I only ask because if you are right you have something to teach.

I see a downtrend. I see a bounce off the top of a channel. I see us in accordance with trend.
It's a long story, I'm off to the store right now. I elaborate more on this at some point later. It is very real and powerful technique shown to me by a Japanese stockbroker in the 90's.
Founder of Sutherland Wave Principle
  • #226,365
  • Apr 15, 2010 12:12pm Apr 15, 2010 12:12pm
Quoting suthmo
It's a long story, I'm off to the store right now. I elaborate more on this at some point later. It is very real and powerful technique shown to me by a Japanese stockbroker in the 90's.
looking forward for it.
  • #226,366
  • Apr 15, 2010 12:21pm Apr 15, 2010 12:21pm
Unless EU sells off quick, I am about to scratch my EU short for small pip loss.
  • #226,367
  • Apr 15, 2010 12:21pm Apr 15, 2010 12:21pm
Quoting suthmo
It's a long story, I'm off to the store right now. I elaborate more on this at some point later. It is very real and powerful technique shown to me by a Japanese stockbroker in the 90's.
I know what that one is!!

You do this until your entire world becomes macromedia and you dance around and talk about voodoo!!

http://apollo.japanisweird.com/conte...jpg?1267010398

Seriously, looking forward to it Suthmo.
  • #226,368
  • Apr 15, 2010 12:42pm Apr 15, 2010 12:42pm
Quoting jsspmk
Breaking News

Greece seeks talks on €30bn rescue
Greece capitulated to market pressure on Thursday and asked the European Commission for “consultations” on a €30bn ($41bn) loan package to stave off default.

George Papaconstantinou, finance minister, said in a letter to Brussels the government wanted to discuss “a multi-year economic policy programme with the Commission, the European Central Bank and the International Monetary Fund.”

what you think ? Will this acceptance of bail out make euro stabilize or just make it dive into 1.3250 ?

I got hit with 25 pip loss last night . I am leaving eu alone for now and going to trade only gj and gu as mostly I have done in the past .

Find it odd that we had bad eu news last night but it still failed to close gap. Soneone is playing with eu big time.

GU at least has some decent range to it.
Blogging daily now at www.volume.zone
  • #226,369
  • Apr 15, 2010 12:44pm Apr 15, 2010 12:44pm
So what's going on with EUR? I thought by now the GAP would be closed!! What's going on here? Greece is going to default and Portugal will follow. Why thid damn currency doesn't go down? What will the Asians do with it later? I thought I would be rich by now...
  • #226,370
  • Apr 15, 2010 12:44pm Apr 15, 2010 12:44pm
Dear fellow traders,

when you're finished with this hyper dimensional voodoo stuff, please call this number and make an appointment to discuss your findings and additional ways to improve your strategy:

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  • #226,371
  • Apr 15, 2010 12:45pm Apr 15, 2010 12:45pm
Atlast,

It is really being held up on this Median Line on 1hr chart......

If it breaks it, it could go farther....if not....back up again to maybe 1.37.......hmmmm

I entered a short at 3553....and it should have taken a partial profit at 3535 but was holding for the run back down.....
Attached Image (click to enlarge)
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  • #226,372
  • Apr 15, 2010 12:48pm Apr 15, 2010 12:48pm
Quoting IMARICH1
Atlast,

It is really being held up on this Median Line on 1hr chart......

If it breaks it, it could go farther....if not....back up again to maybe 1.37.......hmmmm

I entered a short at 3553....and it should have taken a partial profit at 3535 but was holding for the run back down.....
The GAP will close. Hold it. Itīs a matter of patience. No GAP has remained unclosed in the majors.
  • #226,373
  • Apr 15, 2010 12:56pm Apr 15, 2010 12:56pm
Quoting IMARICH1
Atlast,

It is really being held up on this Median Line on 1hr chart......

If it breaks it, it could go farther....if not....back up again to maybe 1.37.......hmmmm

I entered a short at 3553....and it should have taken a partial profit at 3535 but was holding for the run back down.....
Which line you are going to play now from your chart or possible play next ?I am doing one of your line though. thanks ,
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #226,374
  • Apr 15, 2010 12:57pm Apr 15, 2010 12:57pm
Quoting 5abi
well, 4 % is un-acceptable that no math can justify. Over my trading career there have been times I lost 10 consecutive trades. I was lucky or prudent to risk no more that a % on any trade. with your 4 % i would be down 40+ % eeks!!! not pretty
According to your post, your disagreement is based on whether it is emotionally/financially tolerable, rather than mathematically justifiable. It can be mathematically sound while being financially unacceptable for the trader (most of whom don't enjoy 40% drawdowns). 4% is fine as long as the edge is reasonable, the trader can tolerate the wild fluctuations, and it won't lead to any disaster scenarios - e.g. you wouldn't want to be a scalper and get stuck in a spike.
  • #226,375
  • Apr 15, 2010 1:08pm Apr 15, 2010 1:08pm
fontu,

I am not sure.....I am Short at 3553 and may have missed the opportunity to close for profit.....but we did have perfect sell on the 5 min chart on this bounce up as a 9 appreared so I stayed in and was wating for it to break thru to fill the gap.....

But it may not happen as something is holding this up.....

There are lot of Bulls going to be rushing in at 3490/85 I believe and Sellers closing their Shorts perhaps there....

SO I am looking for a BUY at 3490 and closing my short....if it happens..
  • #226,376
  • Apr 15, 2010 1:08pm Apr 15, 2010 1:08pm
Quoting IMARICH1
Atlast,

It is really being held up on this Median Line on 1hr chart......

If it breaks it, it could go farther....if not....back up again to maybe 1.37.......hmmmm

I entered a short at 3553....and it should have taken a partial profit at 3535 but was holding for the run back down.....
It should have punched thru the line when it closes the gap, but the support is there in your chart. it will likely punch thru next attempt. However, I'm out of short for now.
BTW, about your post I didn't reply to, I saw it after. Don't sweat it, we all have to start off small again whenever we lose an account. It takes time to build back up.
  • #226,377
  • Apr 15, 2010 1:13pm Apr 15, 2010 1:13pm
Quoting T.E.Lawrence
Dear fellow traders,

when you're finished with this hyper dimensional voodoo stuff, please call this number and make an appointment...
Iggy list is faster and cheaper than a $300 lobo job... Plus you won't drool afterwards.


Unless you're an Old Fart and you already drool anyways...
FUBAR...
  • #226,378
  • Apr 15, 2010 1:16pm Apr 15, 2010 1:16pm
bulls and bears win as long as this range continues.

IT could be in this channel for weeks ... who the hell knows.

IF the crazy DJ ever comes of then likely usd will be a risk aversion play and maybe then the euro will break .

I really do wish eu would move to 1.4000 / 1.4100 and get on with it then the retracement is complete and makes it way more attractive for the pros to hammer it down to 1.2500 to 1.1100.

some form of trend on a 4 hour would be nice and not to much to ask for .

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Blogging daily now at www.volume.zone
  • #226,379
  • Apr 15, 2010 1:23pm Apr 15, 2010 1:23pm
Right now the euro is locked in a viscous battle against the dark forces of voodoo. It might eventually beat the voodoo and continue down. But look at the resistance, that's some deep doo.
Founder of Sutherland Wave Principle
  • #226,380
  • Apr 15, 2010 1:23pm Apr 15, 2010 1:23pm
If you draw another pitchfork, downsloping off more recent moves you will see the market is sitting near the ML, in lower half attemtipting to break it, but the downslope determines the intraday direction and is still intact until broken. Level at 1.3569 to stay above puts the market in upper channel. Cannot post a chart off my platform at the moment.
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