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  • #234,141
  • Apr 30, 2010 8:45am Apr 30, 2010 8:45am
Quoting Cotton-I-Jo
am gettin ready 2 go SHORT @ 358 !

Let's C !


That will be my first short position, second will be 3440.
  • #234,142
  • Apr 30, 2010 8:45am Apr 30, 2010 8:45am
http://i173.photobucket.com/albums/w.../Capture-1.jpg

see gold n oil

http://i173.photobucket.com/albums/w...e/Capture1.jpg

still higher
  • #234,143
  • Apr 30, 2010 8:46am Apr 30, 2010 8:46am
Quoting Kramerica
I wish I would have kept more powder dry for this spot.. I just wasn't a believer in this move up.. I should have been trading the charts instead of my "feelings" .. This song also works for the thin-skinned on here to.. LOL

http://www.youtube.com/watch?v=VofLbnNronk
save some powder. it may not be over.. lots of buying in the form of shorts closing for the weekend.. months end.. greece bailout ect. it will be here when the dust settles.
those who can, do. those who cant, talk about those who can
  • #234,144
  • Apr 30, 2010 8:48am Apr 30, 2010 8:48am
I think is still going up
  • #234,145
  • Apr 30, 2010 8:49am Apr 30, 2010 8:49am
Quoting jp09
i do my best to keep up to date, if anything it spurs me on to keep up with the news as daily and keep a grasp of the fundamental side. around exam time i steer well clear as i agree with you, if you take it on full-time, theres no point. but i have 5 hours a week lectures and a bucketload of holidays... enough time there
Well, I know what you feel like...

I started trading real account starting in mid February, and what can I say now, it's been much more tiring than any work I've done before, because I was having exams and classes as Im a student also haha... dude do you imagine in first month I didnt have my notebook with myself and I ran to my universitys library to get online and trade? haha... god thank you I had my blackberry with me so I've been up to date with charts...

I've made pretty nasty profit, about 30% of account, and to be honest I risked a lot, put over 20 000$ in that, which is much exchanged to my currency... I've been once floating a -20% loss so you can imagine learning and passing exams with such emotions and that tired me so much... that I now play very precise swings and without stop loss... playing daytrading only when in front of PC like today

Im going to read some books and stuff, cause I've bought some and instead of reading it I was just trading and reading forums, thats the way I've learnt everything

So basically yeah, you should ask yourself how much profit and loss you agree with and mabey start swing trading? where moves of 50-100 pips per day any direction with a good plan won't bother you at school..

Cheerz
  • #234,146
  • Apr 30, 2010 8:49am Apr 30, 2010 8:49am
Quoting perrier
That will be my first short position, second will be 3440.





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Attached Image (click to enlarge)
Click to Enlarge Name: eur . usd _ h1 (2).gif Size: 13 KB
  • #234,147
  • Apr 30, 2010 8:57am Apr 30, 2010 8:57am
My USDCAD long flying

Other positions EJ short EU short AU short

Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #234,148
  • Apr 30, 2010 8:57am Apr 30, 2010 8:57am
potential for some quick pips here
  • #234,149
  • Apr 30, 2010 8:59am Apr 30, 2010 8:59am
hmmmm u michican says inflation up 2.7% and forcast march up 2.9%

this may be a euro stake in heart..
those who can, do. those who cant, talk about those who can
  • #234,150
  • Apr 30, 2010 9:04am Apr 30, 2010 9:04am
1401 GMT [Dow Jones] The Reuters/Univ Michigan consumer sentiment index for end of April stood at 72.2, down from 73.6 final reading in March, but up from April's preliminary reading of 69.5. Economists had expected 71.0. The current index fell to 81.0 from 82.4 in March, while the expectations index stood at 66.5 from 67.9 in March.
those who can, do. those who cant, talk about those who can
  • #234,151
  • Apr 30, 2010 9:08am Apr 30, 2010 9:08am
Just rechecking the charts , impossible is perhaps impossible.A stich in time saves 9, now point of no return, may be again.
fontu
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #234,152
  • Apr 30, 2010 9:10am Apr 30, 2010 9:10am
Who would have thought?

A sell off back to .3300.

Not sure who ran this up but as always... thanks for your patronage.

m
Attached Image (click to enlarge)
Click to Enlarge Name: selloff.png Size: 21 KB
  • #234,153
  • Apr 30, 2010 9:12am Apr 30, 2010 9:12am
What a ride! Took 34 pip on the bag!waiting to find a place to re-enter short. I think 3270 level should be tested today.
  • #234,154
  • Apr 30, 2010 9:14am Apr 30, 2010 9:14am
Quoting maurofx
Friday, end of month. Weekly and monthly charts in red. Main trend is down, five month in a role. Last three days were green and cut bear monthly bar more than 50%.
Shouldn't be logicall with all the uncertainty to see a big profit taking than sends the pair down in the next few hours???? In THREE days market erased a 50% month of advance.
On the other hand I see last 2 months bar's difference between lowest and close price are 189 and 240. Actually we have 220 atm. Right in the middle.
This theory could easily be just sh*t... don't know, just felt...
Gator, Accumen. You are the most experienced trader in here. What do you think of this thought??
Tks in advance!
  • #234,155
  • Apr 30, 2010 9:15am Apr 30, 2010 9:15am
If this hammer holds and gets bullish, then 1.3440 final bear point to short
  • #234,156
  • Apr 30, 2010 9:16am Apr 30, 2010 9:16am
Quoting fontu
Just rechecking the charts , impossible is perhaps impossible.A stich in time saves 9, now point of no return, may be again.
fontu
So, you are bullish now with target 1.44?
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #234,157
  • Apr 30, 2010 9:16am Apr 30, 2010 9:16am
Quoting acumen
Who would have thought?

A sell off back to .3300.

Not sure who ran this up but as always... thanks for your patronage.

m
Maybe this could be the responsable of doing the job...obviously last news helped a lot! (EURUSD 4H chart)
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Click to Enlarge Name: eufriday.jpg Size: 320 KB
  • #234,158
  • Edited 9:46am Apr 30, 2010 9:18am | Edited 9:46am
Quoting fontu
Just rechecking the charts , impossible is perhaps impossible.A stich in time saves 9, now point of no return, may be again.
fontu


Oh fontu !

What's this defaced chart ...!?



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  • #234,159
  • Apr 30, 2010 9:22am Apr 30, 2010 9:22am
Quoting suthmo
If this plays out tomorrow could b v shaped. That would explain why my daily projection showed today/tomorrow both 3300 3200 and back to 3300. fu#k a duck. now I seeing same thing using 30 minute analysis!
'V' the reptile play
Founder of Sutherland Wave Principle
  • #234,160
  • Apr 30, 2010 9:22am Apr 30, 2010 9:22am
Quoting maurofx
Gator, Accumen. You are the most experienced trader in here. What do you think of this thought??
Tks in advance!
my friend there's quite a bit there.

you are right about the end of the month horseshit.

markets often forget everything.

if the large traders are in profit... and they are... they are squaring their books... meaning... paring their shorts.

m
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