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  • #235,501
  • May 4, 2010 7:58am May 4, 2010 7:58am
went short last night, wake up in the morning got coffee money~~

it might go down to 29**
  • #235,502
  • May 4, 2010 7:58am May 4, 2010 7:58am
Quoting maurofx
Well Guys, 3053 is 38.2 fibo level 0.8225 fro october 200 to july's 2008 high.
That would seem to be a support. We'll see.

If Spain rumor is true you can throw out a lot of these "close" support lines this thing will drop like a stone for a good bit imo.
  • #235,503
  • May 4, 2010 8:01am May 4, 2010 8:01am
wow ! bear continuation from daily tf cd on the way & so not a sharp fall perhaps ,lots up & down 1.3116 should be there min 10 or more days .
H1 going to have abuy setup perfection by few min & hope a good retracement due ,otherwise I have to manage many longs already in situ.
regretting why not close all positive trades last seen.too much risk in anti-trend last time.sl still not hit though .
Anyway go 1.31 & I am done.
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #235,504
  • May 4, 2010 8:01am May 4, 2010 8:01am
shorted again: 13088
SL 13111
Target: 13050

Then reverse position probably
  • #235,505
  • May 4, 2010 8:01am May 4, 2010 8:01am
Quoting SkyzerFX
That's about how I trade.. Your 2 Green lines good example...

Sell Top buy bottom lines.. Waves.. Since Wave is down now I'm all

set to buy and will unload next wave up..

Yes instead of selling on the way down pick try to pick a bottom........genius. You know what they say about people who try to pick bottoms................they get stinky fingers.
  • #235,506
  • May 4, 2010 8:02am May 4, 2010 8:02am
NY desks some banks took a beating in this last move down and are becoming more unwilling to prop it up.

they said Spain is in more trouble that most thought.

more to come.

m
  • #235,507
  • May 4, 2010 8:04am May 4, 2010 8:04am
Quoting acumen
NY desks some banks took a beating in this last move down and are becoming more unwilling to prop it up.

they said Spain is in more trouble that most thought.

more to come.

m

Wow today could be a very interesting day. If this is true and some start to reverse their postions this thing could freefall.
  • #235,508
  • May 4, 2010 8:04am May 4, 2010 8:04am
Quoting elio
Aren't they lending some significant portion of that to Greece?
Rumour has it this what Spain is going to ask for 280 Billion for thier own woes. Three times the Greece aid package.

Spain PM to speak this afternoon ... good time to short again prior to this press conference?
" THE BRAIN IS LIKE A PARACHUTE ... WORKS BEST WHEN OPEN "
  • #235,509
  • May 4, 2010 8:05am May 4, 2010 8:05am
Quoting fontu
wow ! bear continuation from daily tf cd on the way .
H1 going to have abuy setup perfection by few min & hope a good retracement due ,otherwise I have to manage many longs already in situ.
regretting why not close all positive trades last seen.too much risk in anti-trend last time.sl still not hit though .
Anyway go 1.31 & I am done.
fontu


"wow ! bear continuation from daily tf cd on the way "

What dos "cd" means ?

thanks!
  • #235,510
  • May 4, 2010 8:06am May 4, 2010 8:06am
Quoting gman29
Yes instead of selling on the way down pick try to pick a bottom........genius. You know what they say about people who try to pick bottoms................they get stinky fingers.
It don't matter.. tops or bottoms, cause you will never know when

she turns.. And what this f* tone of yours about? Do I stealing

your money, "genius"?
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #235,511
  • May 4, 2010 8:07am May 4, 2010 8:07am
The candlesticks are leaving more and more tails, except the last one. I'm not applying that the market will change direction to long, but still assuming that it will consolidate for a while now.

Has moved down allot, this last candle will probably be the bottom before the conso.. Hopefully
  • #235,512
  • May 4, 2010 8:10am May 4, 2010 8:10am
Quoting acumen
NY desks some banks took a beating in this last move down and are becoming more unwilling to prop it up.

they said Spain is in more trouble that most thought.

more to come.

m
should this be the case with spain in the shits then we can say good bye € here we go multiple currencies in Europe, aah how I hated that time. You come home from a long trip across Europa and full of change which the banks wont take only notes please aaah how annoying.

btw DAX is getting really hammered today and Gold is playing skyscraper hahahha.
Trade on your own risk Plan your trade&trade your plan dont be a
  • #235,513
  • May 4, 2010 8:11am May 4, 2010 8:11am
Quoting ratman
"wow ! bear continuation from daily tf cd on the way "

What dos "cd" means ?

thanks!
Thanks , it is Tom Demark sequential count , in daily level there was sell setup perfection before at candle 9th & duely retraced & next count down 13 to happen before a sell signal occur. Now this count down at 3rd candle and as all candles not likely fall into the counting rules so min 10 or more daily candles may need for the signal if this sequences continued in future.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #235,514
  • May 4, 2010 8:11am May 4, 2010 8:11am
Closing my shorts right here and done for today before NY opens...

dont like the S&P gapping down in such a way... will make the bulls go UMMMM
  • #235,515
  • May 4, 2010 8:11am May 4, 2010 8:11am
they are telling me if the Spain rumor has any validity...

EURO will collapse in it's current form.

they aren't sure what that means.
  • #235,516
  • May 4, 2010 8:11am May 4, 2010 8:11am
Quoting Trading Cat
ooh well ooh well I give up.
Sexy lady FX keep your porn star avatar since so many ppl here love it.
All the best
Tcat
TCat, you can disable avators in the admin section.
I've disabled that and a lot of things .... all I get is pure FF text, no distractions.
  • #235,517
  • May 4, 2010 8:12am May 4, 2010 8:12am
Quoting SkyzerFX
It don't matter.. tops or bottoms, cause you will never know when

she turns.. And what this f* tone of yours about? Do I stealing

your money, "genius"?
The tone is about always listening to your posts about how much worse off the U.S. is than Eur blah blah blah. You are so biased you are blind to what is going on. It is fine to have an opinion but your insistance about buying low and selling high is great, but so very annoying We should all do that. LOL If it were that easy, even you would be rich.
  • #235,518
  • May 4, 2010 8:12am May 4, 2010 8:12am
Quoting acumen
they are telling me if the Spain rumor has any validity...

EURO will collapse in it's current form.

they aren't sure what that means.
Who are 'they'?
big numbers are our friends...
  • #235,519
  • May 4, 2010 8:14am May 4, 2010 8:14am
Quoting deeZG
Who are 'they'?
they = NY desks.

NY desks = NY Traders.

NY Traders = traders sitting at their desks.

hence... NY desks.

m
  • #235,520
  • May 4, 2010 8:15am May 4, 2010 8:15am
Quoting Jhig
TCat, you can disable avators in the admin section.
I've disabled that and a lot of things .... all I get is pure FF text, no distractions.
hmmm man thanks that will help a lot , but she changed it now, but will keep it in mind for laters.
Trade on your own risk Plan your trade&trade your plan dont be a
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