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  • #237,381
  • May 6, 2010 3:39am May 6, 2010 3:39am
Ak did it well again just drew some lines on my 5m chart and here we go a triangle again. Will trade any break out with extreme tight sl.
Trade on your own risk Plan your trade&trade your plan dont be a
  • #237,382
  • May 6, 2010 3:40am May 6, 2010 3:40am
Trend line has been touched, so I've gone long @2766; because you can't get a precise entry using a monthly chart, I took the risk and moved SL to BE as soon as it was possible.

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  • #237,383
  • May 6, 2010 3:40am May 6, 2010 3:40am
It is forming a triangle now on the M15, we'll have to wait
  • #237,384
  • May 6, 2010 3:42am May 6, 2010 3:42am
Quoting T.E.Lawrence
Trend line has been touched, so I've gone long @2766; because you can't get a precise entry using a monthly chart, I took the risk and moved SL to BE as soon as it was possible.

Attachment
nice work man hope it'll work.
Trade on your own risk Plan your trade&trade your plan dont be a
  • #237,385
  • May 6, 2010 3:43am May 6, 2010 3:43am
london boys supplies the biggest volume in fx. So methaporically, they have the biggest balls, their word is aboslute! eheh...

ok im just messing around.

Quote
Nice catch... i bookmarked it for tomomrrow to read again.

Regardless of what they do, I will say that swissy will take a Beating before it's all over...

Feel free to bookmark this post. http://cdn.forexfactory.com/images/s...im/winking.gif

the fundamentals couldnt be messed with, its the prices that will suck me dry. lol!

favor pls. if we keep the eur trading between 3000 and 2500, i'll give everyone an sweet wet kiss. thats my paycheck for the month.
  • #237,386
  • May 6, 2010 3:43am May 6, 2010 3:43am
Quoting ak4x
Nice catch... i bookmarked it for tomomrrow to read again.

Regardless of what they do, I will say that swissy will take a Beating before it's all over...

Feel free to bookmark this post.
By "swissy will take a beating" you mean USDCHF going down?
  • #237,387
  • May 6, 2010 3:45am May 6, 2010 3:45am
lets see what will happen

http://img443.imageshack.us/img443/271/an5.gif
  • #237,388
  • May 6, 2010 3:46am May 6, 2010 3:46am
Can't wait for the riots to erupt again. Those were guite helpful yesterday.

Plus, as a relative noob compared to most of you, I would think these retracements are attracting many short sellers who want to sell on more rallies.

My question is: Can these short sellers take on the banks positions if they want it to go much higher?

PS...Thanks gator, after getting over having to look at your avatar, I really benefit from your analysis. It has really helped confirm my trading stlye.
  • #237,389
  • May 6, 2010 3:46am May 6, 2010 3:46am
Could reach pivot before down
  • #237,390
  • May 6, 2010 3:50am May 6, 2010 3:50am
Quoting increase
Could reach pivot before down
that would be a nice treat for once
Trade on your own risk Plan your trade&trade your plan dont be a
  • #237,391
  • May 6, 2010 3:50am May 6, 2010 3:50am
take care and welcome to the party i think the bull did eat some bears !
  • #237,392
  • May 6, 2010 3:51am May 6, 2010 3:51am
Quoting T.E.Lawrence
Trend line has been touched, so I've gone long @2766; because you can't get a precise entry using a monthly chart, I took the risk and moved SL to BE as soon as it was possible.

Attachment
I did the same at 1.2780 , a few pips there, waiting to go a little upper to move my SL to BE
what is your strategy to find the right time to do that? (I mean moving the SL to BE) I do it often after reaching 40-50 pips profit
  • #237,393
  • May 6, 2010 3:51am May 6, 2010 3:51am
Quoting Trading Cat
that would be a nice treat for once
That's what I'm waiting on......Watching GU for the same reason......
Doing what you like is Freedom. Liking what you do is Happiness.
  • #237,394
  • May 6, 2010 3:51am May 6, 2010 3:51am
am new here, i did posted here that i have lost 70% of my acc, but i have been trading baby pips with the remaining amount, my interest is mostly to be consistent in the market so the gain experience, though three time now i have been out of the market completely, and i don't want that to happen again, plz i need you guys assistance, i am looking at shorting up, what do u guys think?
  • #237,395
  • May 6, 2010 3:54am May 6, 2010 3:54am
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Below 2800 are pure technicals..2891 will lead to some buying power where we can expect a quick rally to 2950, breaking of today's low will lead us to 2660, a perfect round number support
  • #237,396
  • May 6, 2010 3:55am May 6, 2010 3:55am
Quoting realjumper
That's what I'm waiting on......Watching GU for the same reason......
hi dude how u doing? hope the recent slide gave u lots of pips... myslef I took only small amounts,but didnt loose any so its ok. I still feel like a deer looking into the headlights of a car at night. No real retrace so far its very very strange....and no pivot touched either ..... anyway will find those files and send them to u by email.
take care and trade safe,
TCat
Trade on your own risk Plan your trade&trade your plan dont be a
  • #237,397
  • May 6, 2010 3:55am May 6, 2010 3:55am
Quoting Predi
By "swissy will take a beating" you mean USDCHF going down?
yeah... the swiss franc will go to the hurt locker for awhile.

No time frame yet, things need to develop and choices made first but that's my story and I'm stickin to it. Just watch for the signs and interpret them rightly... (easier said than done... )
FUBAR...
  • #237,398
  • May 6, 2010 3:56am May 6, 2010 3:56am
What's the pivot for today?
  • #237,399
  • May 6, 2010 3:56am May 6, 2010 3:56am
Long in play?
Great Bodies are Engineered not Born
  • #237,400
  • May 6, 2010 3:57am May 6, 2010 3:57am
Quoting ak4x
yeah... the swiss franc will go to the hurt locker for awhile.

No time frame yet, things need to develop and choices made first but that's my story and I'm stickin to it. Just watch for the signs and interpret them rightly... (easier said than done... )
That means dollar going down also, so your objection is EURUSD up up?
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