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  • #235,001
  • May 3, 2010 1:19pm May 3, 2010 1:19pm
Quoting atif
No clear direction at this point.
Maybe not.. but it sure is having a harder time getting over that 1.32 mark than I thought it would.. I'm about to throw my bird in the ring..

Similar to the inability to get over 1 .325 earlier when we dropped this morning..
  • #235,002
  • May 3, 2010 1:38pm May 3, 2010 1:38pm
just curious.. when did they rule the Americas?
those who can, do. those who cant, talk about those who can
  • #235,003
  • May 3, 2010 1:44pm May 3, 2010 1:44pm
anyone thinking going short around 3210 ?

new signal
Attached Image
  • #235,004
  • May 3, 2010 1:45pm May 3, 2010 1:45pm
Interesting daily chart in futures

Nice low volume push down in asia , then selling climax 60 min and inside bar 2 hours , now back above the 3200 line.

The daily futures show a test ( low vol down bar ) testing the buy zone of 1.3150. Talk about backing up the bus to pick up the missed passengers

At the moment my bullish bias remains . I picked up a long at 1,3163 with stop 1.3113 as this is a 2hr charts trade ( stop is based on chandelier stops atr21)

now just waiting to get stopped out in asia ...lol
Blogging daily now at www.volume.zone
  • #235,005
  • May 3, 2010 1:45pm May 3, 2010 1:45pm
Quoting gatorinla
back to 3215?
im skeptical
"im wondering if the cement dome set yet" it will.. eventually.. but is today the day is the question..
those who can, do. those who cant, talk about those who can
  • #235,006
  • May 3, 2010 1:47pm May 3, 2010 1:47pm
Quoting edisoname
anyone thinking going short around 3210 ?

new signal
oops
those who can, do. those who cant, talk about those who can
  • #235,007
  • May 3, 2010 1:48pm May 3, 2010 1:48pm
Quoting edisoname
anyone thinking going short around 3210 ?

new signal
give me enough time I can come up with all kinds of charts to support my bullish case .. maybe I am dreaming lol
Attached Image (click to enlarge)
Click to Enlarge Name: chart04d.jpg Size: 153 KB
Blogging daily now at www.volume.zone
  • #235,008
  • May 3, 2010 1:56pm May 3, 2010 1:56pm
Quoting malcolmb14
give me enough time I can come up with all kinds of charts to support my bullish case .. maybe I am dreaming lol
Attachment


I'm with you Malcolm and I'm already in long and at BE
  • #235,009
  • May 3, 2010 2:00pm May 3, 2010 2:00pm
Ohh, no, please why this not below 1.31 yet? Help..

Watch and learn! Buy low, sell high!

And USDCHF tanked as I said.. This PIG couldn't hold over 1.09...

Target 1.00
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #235,010
  • May 3, 2010 2:03pm May 3, 2010 2:03pm
Quoting yorygog
The fool that I am, I still think 1.33 is a real possibility by weeks end before falling again.
Nothing foolish in that. It has been volatile that is for sure and will continue to do so over the coming days!
  • #235,011
  • May 3, 2010 2:07pm May 3, 2010 2:07pm
a buy is in to go higer may be to 1.3370 area .a close of today might give us a clow
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  • #235,012
  • May 3, 2010 2:08pm May 3, 2010 2:08pm
Why wouldn't they have bought this thing hard by now? Bailout is official right? We all know the amount?

Might be priced in...who knows. I figured yesterday was a go long day but ended up having to go short after I was stopped out 30 pips below the pp.

You guys are calling longs on a down day no doubt still below the pp and support that will become resistance imo. i'm taking a short right here with a 50 pip stop for now. if we break S1 convincingly, i'm out with a loss. my first target will be 3171...

I have been wrong before but I'm trading what I see
  • #235,013
  • May 3, 2010 2:13pm May 3, 2010 2:13pm
Quoting SkyzerFX
Ohh, no, please why this not below 1.31 yet? Help..

Watch and learn! Buy low, sell high!

And USDCHF tanked as I said.. This PIG couldn't hold over 1.09...

Target 1.00
you do realize Greece got 140 billion. and yet we still went lower after? lower even as u.s. stock markets were up.. lower as Dow went over 150 up. i don't know a move that don't retrace. but hey its forex salmon do it and are quite successful. as long as nobody puts up a dam.

or a bear is fishing
Inserted Video
those who can, do. those who cant, talk about those who can
  • #235,014
  • May 3, 2010 2:13pm May 3, 2010 2:13pm
I took my profits on majority of positions except the long term ones.

Placed pending sell orders @ 1.3220, 1.3262, 1.3296. If it goes above 1.333x I will get out of these positions.

Time for some rest now.
  • #235,015
  • May 3, 2010 2:15pm May 3, 2010 2:15pm
Quoting bbakker


I'm with you Malcolm and I'm already in long and at BE
and you called me unupdated a few posts ago, told me of course it rose during the weekend.. Lol i soooo enjoyed proving you wrong Once the market opened...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #235,016
  • May 3, 2010 2:15pm May 3, 2010 2:15pm
told you that triangle in the consolidation was going to break downwards.. moved S/L to breakeven and got 21 pips now. I do also believe the market will go down further more before the bulls come back.. Anybody else shorting?
  • #235,017
  • May 3, 2010 2:17pm May 3, 2010 2:17pm
Quoting bguguen
and you called me unupdated a few posts ago, told me of course it rose during the weekend.. Lol i soooo enjoyed proving you wrong Once the market opened...
Yup and I was wrong. It did rise over the weekend, closed the gap and never looked back. I'm still short-term long biased, even more so now.
  • #235,018
  • May 3, 2010 2:23pm May 3, 2010 2:23pm
Well....zeeee......let me think....shuuuuure.

Under 1.3240-50 short
They think they are smarter than I am.
  • #235,019
  • May 3, 2010 2:23pm May 3, 2010 2:23pm
Quoting Carnegie
told you that triangle in the consolidation was going to break downwards.. moved S/L to breakeven and got 21 pips now. I do also believe the market will go down further more before the bulls come back.. Anybody else shorting?
Still stuck in my short on this retrace. Do you still keep your short since last big drop? I closed previous short for 44 pips.
  • #235,020
  • May 3, 2010 2:26pm May 3, 2010 2:26pm
Quoting gatorinla
you do realize Greece got 140 billion. and yet we still went lower after? lower even as u.s. stock markets were up.. lower as Dow went over 150 up. i don't know a move that don't retrace. but hey its forex salmon do it and are quite successful. as long as nobody puts up a dam.

or a bear is fishing
http://www.youtube.com/watch?v=0NcJ_63z-mA
Definitely something fishy going on!
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