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  • #227,181
  • Apr 16, 2010 1:27pm Apr 16, 2010 1:27pm
sell off wen asia opens...

Quoting nvcK
you shouldnt, confidence may work with chicks but sure aint gonna help you in forex. no self fulfilling prophecies here.
Its all in the mind.
  • #227,182
  • Apr 16, 2010 1:28pm Apr 16, 2010 1:28pm
Quoting nvcK
you shouldnt, confidence may work with chicks but sure aint gonna help you in forex. no self fulfilling prophecies here.
She be a harsh mistress if ya don't protect yaself and let her do her thing.
  • #227,183
  • Apr 16, 2010 1:33pm Apr 16, 2010 1:33pm
I'm more for long either - gap is closed - 61.8 fib may hold and I think it will go up until closing this week - will leave a huge gap until monday - go down retrace on 61.8 and some pips are made....:nerd:
and than?? I have no idea.... just my view...
  • #227,184
  • Apr 16, 2010 1:48pm Apr 16, 2010 1:48pm
As per my opinion FIBs work in a trending market... Here is no trend
  • #227,185
  • Apr 16, 2010 1:59pm Apr 16, 2010 1:59pm
Quoting Clouds
IMO. Nobody should invest without a chart.
It's the American way: We have to keep everyone away from anything that might cause them harm, including themselves. People will always be played for the fool simple because there are so many of us that are. Admittedly, I've been bitten by the bug more than a few hundred times. Hopefully I've learned my lessons.
  • #227,186
  • Apr 16, 2010 1:59pm Apr 16, 2010 1:59pm
Quoting PriceVolume
Bounce off the 50% fib wasn't a bad play. But I wouldn't be betting my banana on a 100 pip spike.
sure!.. you have to care of your banana..it can't be purchased if you lose it..LOL
  • #227,187
  • Apr 16, 2010 2:00pm Apr 16, 2010 2:00pm
Quoting jsspmk
Let's do a poll whether Greece will be bailed out by EU?

I say they won't be. -1
I would like to please get your opinion on todays action in the markets.

GS dropped 15% . Do you think they will buy into the weakness and just drive the markest higher.

I hope this is the catalyst for dj dropping it has not had a decent reatrce in weeks.

On es I will be watching the 1200 level next week for a test and failure.

GU eu and gj weekly all ended on dojis .. not even enough strength for follow thru of the gap.

They must have known GS news was coming held it up most of week. It was not till yesterday I saw that bearish voluem kicking in

I really hope we get some form of trend ,although GJ has been awesome this week, 180 pip drop today
Blogging daily now at www.volume.zone
  • #227,188
  • Apr 16, 2010 2:03pm Apr 16, 2010 2:03pm
Next weekly bar. For fun.

300-400 pip drop very possible. GU 600-800 pips


Attached Image (click to enlarge)
Click to Enlarge Name: euweekly.gif Size: 24 KB
  • #227,189
  • Apr 16, 2010 2:04pm Apr 16, 2010 2:04pm
Quoting ak4x
Attachment

Add some Whips and Chains and a little Pain...
Your missing the pissed German woman clad head to toe in black leather in that pic.
  • #227,190
  • Apr 16, 2010 2:07pm Apr 16, 2010 2:07pm
Quoting enterfx
Next weekly bar. For fun.

300-400 pip drop very possible. GU 600-800 pips


Attachment
lol love it

In fact gu looks like a bear flag on daily if 1.5380 has a dialy close under it
Blogging daily now at www.volume.zone
  • #227,191
  • Apr 16, 2010 2:11pm Apr 16, 2010 2:11pm
Quoting enterfx
Next weekly bar. For fun.

300-400 pip drop very possible. GU 600-800 pips


Attachment

yes, but a standard 200 pip candle either way is even more possible! and you can even guess which way it will be if you watch carefully. think about all the very possible 500 pip drops that never happened.
  • #227,192
  • Apr 16, 2010 2:12pm Apr 16, 2010 2:12pm
Quoting malcolmb14
lol love it

In fact gu looks like a bear flag on daily if 1.5380 has a dialy close under it

Isn't it a falling wedge?
  • #227,193
  • Apr 16, 2010 2:12pm Apr 16, 2010 2:12pm
Closed out the short & made some good pips to 1.3500. Made the trade earlier this week. http://www.forexfactory.com/showpost...stcount=224590
  • #227,194
  • Apr 16, 2010 2:14pm Apr 16, 2010 2:14pm
weekly outlook, i see divergance..or saw divergence start of last week..this week does not support the divergance argument..either way my elliot tells me this 5 waves are up, and the C leg as well..
i have 0.9 lots long
Attached Image (click to enlarge)
Click to Enlarge Name: eurousd divergance weekly.gif Size: 29 KB
  • #227,195
  • Apr 16, 2010 2:15pm Apr 16, 2010 2:15pm
Quoting ferndog
Closed out the short & made some good pips to 1.3500. Made the trade earlier this week. http://www.forexfactory.com/showpost...stcount=224590

Good!..what was your decision based on? was it based on TL,Fibo.,pattern,or what?..thanks
  • #227,196
  • Edited 2:50pm Apr 16, 2010 2:24pm | Edited 2:50pm
Quoting tonyo524
That pushup with those bad claims numbers today was real suspect!
Attached Image (click to enlarge)
Click to Enlarge Name: top heavy.JPG Size: 413 KB
All that is left in FF is just plain garbage. "Cloggie"
  • #227,197
  • Apr 16, 2010 2:26pm Apr 16, 2010 2:26pm
Quoting userff
Isn't it a falling wedge?

It's just about to fall off the cliff. #226596 Have had weakening tops for a couple weeks

Like Malc says, a close below 1.5380 or below 65/70 should tell us. Will probably require a drop on eu.
  • #227,198
  • Apr 16, 2010 2:31pm Apr 16, 2010 2:31pm
Quoting userff
Good!..what was your decision based on? was it based on TL,Fibo.,pattern,or what?..thanks
That gap made me do it...i thought right there to short
  • #227,199
  • Apr 16, 2010 2:38pm Apr 16, 2010 2:38pm
Quoting ferndog
That gap made me do it...i thought right there to short

IC..thanks..I've bought E/U after it reached the lower TL on the 4hr

chart..Am I right?..on which tool the traders make their decisions mostly?
  • #227,200
  • Apr 16, 2010 2:40pm Apr 16, 2010 2:40pm
Quoting tonyo524
where's your median line on the daily with your bb set-up, mine's at 3503
hang on to your bread......unless you want toast
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