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  • #240,901
  • May 12, 2010 9:43am May 12, 2010 9:43am
Quoting DisciplineFX
My strategy today is to play the range, with the open as the pivot. I have had some good results with 30 pips above and below the open, with some quick exits.
well done and welcome to the circus
Trade on your own risk Plan your trade&trade your plan dont be a
  • #240,902
  • May 12, 2010 9:44am May 12, 2010 9:44am
Quoting Trading Cat
since when is a triangle bearish? it can go either way...
Correct me if i'm wrong, because this is an assumption.

Would a wedge have the bias to break out in the direction of the trend?

Of course, given the "headline news" that changes things in a moment.. techs could have little value
  • #240,903
  • May 12, 2010 9:47am May 12, 2010 9:47am
Quoting Kramerica
Correct me if i'm wrong, because this is an assumption.

Would a wedge have the bias to break out in the direction of the trend?

Of course, given the "headline news" that changes things in a moment.. techs could have little value
a falling wedge was what I am speaking about would be in a down trend would break out upside. A triangle has no direction of breakout any is possible and should be traded that way.
Trade on your own risk Plan your trade&trade your plan dont be a
  • #240,904
  • May 12, 2010 9:48am May 12, 2010 9:48am
EURO-DOLLAR: Lurches lower for trade to $1.2665 now where stops were
mentioned earlier, the euro easing lower as US stocks backtrack from
their best levels of the morning thus far. Mixed interest seen sub
$1.2640 where bids and stops vie for attention.

EURO-DOLLAR: Seeing some weight from hedge fund sales, a trader says,
euro still holding $1.2670 level after a shllow dip grazed the $1.2665
earlier.

Provided by: Market News International
Trade on your own risk Plan your trade&trade your plan dont be a
  • #240,905
  • May 12, 2010 9:50am May 12, 2010 9:50am
Quoting cheagil
it seems dat everytime sarkozy wants to teach shorters a painful lesson, soros comes to their aids.
.............. and vice versa
  • #240,906
  • May 12, 2010 9:52am May 12, 2010 9:52am
Quoting Trading Cat
The dp had been only once broken and fell back as normal pattern -> see acumen he speaks about it every day. On the 15min it made a nice triangle back below the pivot and then back up a little less steep. The once or twice piercing is a rejection of the dp not a violation and happens often. All in all it was a wonderfull pivot day...
What I meant to say is that price i bouncing a lot around DP without taking a direction...got what you say!
I wonder how volatility will work out tomorrow in the european session...it's gonna be a good day to be around.
Did those papers work out for you?? Cheers mate!!
  • #240,907
  • May 12, 2010 9:52am May 12, 2010 9:52am
Quoting Trading Cat
a falling wedge was what I am speaking about would be in a down trend would break out upside. A triangle has no direction of breakout any is possible and should be traded that way.
much appreciated !
  • #240,908
  • May 12, 2010 9:55am May 12, 2010 9:55am
Quoting cheagil
it seems dat everytime sarkozy wants to teach shorters a painful lesson, soros comes to their aids.
Hi just back from my work
What the story bro?
  • #240,909
  • May 12, 2010 9:57am May 12, 2010 9:57am
Resistance comes up overhead , may break down this time.Many attempts up but can't sustain.200ma up now to 58.
ready I am .
fontu
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #240,910
  • May 12, 2010 9:58am May 12, 2010 9:58am
Quoting egkid
Hi just back from my work
What the story bro?
no big deal. i've lost my direction.
  • #240,911
  • May 12, 2010 9:59am May 12, 2010 9:59am
Quoting maurofx
What I meant to say is that price i bouncing a lot around DP without taking a direction...got what you say!
I wonder how volatility will work out tomorrow in the european session...it's gonna be a good day to be around.
Did those papers work out for you?? Cheers mate!!
ooh yes man just screened them as busy with trading and you know.... but yes looks like a gr8 read.
Thanks again man sorry for not thanking you before , happens in the battle of pips.
Yes tomorrow should be ok to trade, but who knows 4 sure
Take care and green pips to you,
Tcat
Trade on your own risk Plan your trade&trade your plan dont be a
  • #240,912
  • May 12, 2010 10:00am May 12, 2010 10:00am
Thinking with high voice and looking to Downj
"When they are try manipulated the market it always back and revenge "
...
  • #240,913
  • May 12, 2010 10:03am May 12, 2010 10:03am
Quoting fontu
Resistance comes up overhead , may break down this time.Many attempts up but can't sustain.200ma up now to 58.
ready I am .
fontu
or did you mean:
ready or not?
Inserted Video
Trade on your own risk Plan your trade&trade your plan dont be a
  • #240,914
  • May 12, 2010 10:07am May 12, 2010 10:07am
hourly candles seem to gravitate towards the TL from the weekly..

That and 2 bucks will buy you a cup of coffee..

At least it appears my TL on the weekly was drawn pretty accurately.. LOL
Attached Image (click to enlarge)
Click to Enlarge Name: wednesday.png Size: 43 KB
  • #240,915
  • May 12, 2010 10:10am May 12, 2010 10:10am
Quoting Trading Cat
or did you mean:
ready or not?
http://www.youtube.com/watch?v=XUrJdf4PbEk&feature=fvst
may be one video again , yes ready for 91 climax & cool down by 58 , will check later .why not see those video myself ? my puter old perhaps.flash not updated.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #240,916
  • May 12, 2010 10:11am May 12, 2010 10:11am
Hard to scalp GU today, really fast moves, frustrating.
They think they are smarter than I am.
  • #240,917
  • May 12, 2010 10:14am May 12, 2010 10:14am
Quoting fontu
may be one video again , yes ready for 91 climax & cool down by 58 , will check later .why not see those video myself ? my puter old perhaps.
fontu
LOOK at €chf


no idea vids are working well even the others from this morning worked of PV.
Trade on your own risk Plan your trade&trade your plan dont be a
  • #240,918
  • May 12, 2010 10:17am May 12, 2010 10:17am
Some days ....U should try other pairs....


  • #240,919
  • May 12, 2010 10:18am May 12, 2010 10:18am
Quoting nvcK
All you EUR shorts, the global governments have conspired to stop you out. They do so by printing money and using it against you. Now is the time to buy gold because it can not be printed.
Thanks for that. Even though it looks over-extended, I might try that out in the next few days. Now I'm glad you can trade gold with FXOpen.
  • #240,920
  • May 12, 2010 10:21am May 12, 2010 10:21am
Quoting Trading Cat
LOOK at €chf


no idea vids are working well even the others from this morning worked of PV.
thanks , look soon but now working on drastic action , all shorts tp set 62 & decision next to take .already done shorts though .shorts on the way to 1.2588.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
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