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  • #226,781
  • Apr 16, 2010 5:05am Apr 16, 2010 5:05am
Quoting Martingale
It is just a sarcastic comment to the fact that technical analysis, if over-performed, can be subjective and useless. Sometime too many trendlines, fibo retracements and indicators can take our attention away from simple signals.
very true.
"The Side that Knows When to Fight and When Not to, Will Take the Victory"
  • #226,782
  • Apr 16, 2010 5:06am Apr 16, 2010 5:06am
I entered a covering short at 1,3550, stop loss at break even. Will let it ride as low as it goes, but I have a strong correctional upward bias in eurusd due to the fact that we still haven't had a believable correction on the weekly chart.
  • #226,783
  • Apr 16, 2010 5:06am Apr 16, 2010 5:06am
Ok, I've watched some Maria Ozawa pics and movs....nice...., managed to get back 11 pips of 20 lost this morning....nice..., and decided to short cable @5450:

Attached Image (click to enlarge)
Click to Enlarge Name: chart.gif Size: 18 KB
  • #226,784
  • Apr 16, 2010 5:07am Apr 16, 2010 5:07am
That blue area comes into play
Attached Image (click to enlarge)
Click to Enlarge Name: looking down.gif Size: 22 KB
Timing is everything
  • #226,785
  • Apr 16, 2010 5:08am Apr 16, 2010 5:08am
Quoting T.E.Lawrence
Ok, I've watched some Maria Ozawa pics and movs....nice...., managed to get back 11 pips of 20 lost this morning....nice..., and decided to short cable @5450:

Attachment
wooot! someone just broke his fuel cap. Go get a refill, i'lll hand you some catalyst for extra ooomph. How abt that? lol!
  • #226,786
  • Apr 16, 2010 5:09am Apr 16, 2010 5:09am
Quoting jest1081
whats a Saki? Or did you mean Sake?
Yeah, that's the one
Doing what you like is Freedom. Liking what you do is Happiness.
  • #226,787
  • Apr 16, 2010 5:12am Apr 16, 2010 5:12am
EU long stopped at BE.....I said I would call it a night, but the Sake is flowin'..... On the UJ that is
Doing what you like is Freedom. Liking what you do is Happiness.
  • #226,788
  • Apr 16, 2010 5:15am Apr 16, 2010 5:15am
oil on the edge of a little break down. time to pay attention
those who can, do. those who cant, talk about those who can
  • #226,789
  • Apr 16, 2010 5:17am Apr 16, 2010 5:17am
Quoting Fx Newbie
Does anyone see somrthing like this of 15 TF
I am beginning to love this setup
Trade What You See and Not What You Think
  • #226,790
  • Apr 16, 2010 5:17am Apr 16, 2010 5:17am
ej uj gj spiked the other way!!1
  • #226,791
  • Apr 16, 2010 5:18am Apr 16, 2010 5:18am
Quoting Why Oh Why
Still holding short at 1.363 and long at 1.357 with another added from 1.355. Last 1.358.

http://pcinternational.co.uk/wp-cont...4/eurusd12.gif

Added another long at 1.353. The trades above also remain open. Last 1.352.

http://pcinternational.co.uk/wp-cont...4/eurusd13.gif

Do not focus on making money; focus on protecting what you have.
  • #226,792
  • Apr 16, 2010 5:18am Apr 16, 2010 5:18am
Quoting Fx Newbie
I am beginning to love this setup
I will too once I have my sl at be for now minus 8pips edit: -3
Trade on your own risk Plan your trade&trade your plan dont be a
  • #226,793
  • Apr 16, 2010 5:19am Apr 16, 2010 5:19am
I would say on the way to close monday gap- Alsway enter too soon on Friday's.
  • #226,794
  • Apr 16, 2010 5:26am Apr 16, 2010 5:26am
ECB TRICHET: Says liquidity situation in Greek banks diffictult and
could deteriorate further. (Rtrs)

Provided by: Market News International
Trade on your own risk Plan your trade&trade your plan dont be a
  • #226,795
  • Apr 16, 2010 5:35am Apr 16, 2010 5:35am
Germany might consider exiting monetary union in coming years to protect price stability as the Greek crisis threatens to turn the euro area into a region of “fiscal profligacy,” Morgan Stanley said.

bloomberg
Doing what you like is Freedom. Liking what you do is Happiness.
  • #226,796
  • Apr 16, 2010 5:37am Apr 16, 2010 5:37am
Looks like failure to close below Monthly pivot and support is holding, will it continue this way? time will tell.
"The Side that Knows When to Fight and When Not to, Will Take the Victory"
  • #226,797
  • Apr 16, 2010 5:40am Apr 16, 2010 5:40am
Friday madness. Staying flat.
  • #226,798
  • Apr 16, 2010 5:41am Apr 16, 2010 5:41am
ge reported earnings in the middle in that little drop. let it digest
those who can, do. those who cant, talk about those who can
  • #226,799
  • Apr 16, 2010 5:42am Apr 16, 2010 5:42am
Daily chart still neither here nor there in both Eur & Usd, it can go up it may go down, what's more important is the likelyhood of range expansion is limited by indesisiveness of oscillations in Daily chart. Momentum indicators are also mixed on Daily, no clear signals. I'm still on sidelines until there is some improvement in daily price action.
Prices oscillate, trends persist. Trend is your friend.
  • #226,800
  • Apr 16, 2010 5:45am Apr 16, 2010 5:45am
Morning
The best thing that can happen to you is to find out where you're wrong.
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