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  • #241,081
  • May 12, 2010 10:12pm May 12, 2010 10:12pm
Quoting Duce
just in case?
I wouldn't feel like going long the euro "just in case" it could go up. When I spent hundreds of hours looking at hundreds of charts I noticed when the market is in a steep trend, the size of the retracements are usually much smaller than the moves that go in the direction of the overall trend. The Aussie looks a little tempting from the long side but they just came out with better than expected employment news so it's already up sharply for the day.
  • #241,082
  • May 12, 2010 10:12pm May 12, 2010 10:12pm
Quoting Spsantos
Don't waste your time with that guy, it seems that he's usually
Everything we see hides another something else. We always want to see what is hidden by what we see. His numbers reveal. He is the Son of Man.
Si vis pacem, para bellum.
  • #241,083
  • May 12, 2010 10:15pm May 12, 2010 10:15pm
Quoting Duce
The dive down in May has been pretty severe. You would expect a decent retrace or bounce. For the longs out there, hopefully Sunday's EZ bailout will bring some positive news for the pair. So far it has not.
There was a bounce - not far off 600 pips in less than two trading days.
  • #241,084
  • May 12, 2010 10:15pm May 12, 2010 10:15pm
Quoting clambill
I wouldn't feel like going long the euro "just in case" it could go up. When I spent hundreds of hours looking at hundreds of charts I noticed when the market is in a steep trend, the size of the retracements are usually much smaller than the moves that go in the direction of the overall trend. The Aussie looks a little tempting from the long side but they just came out with better than expected employment news so it's already up sharply for the day.
The unemployment rate also went up. Don't they cancel each other out?
Si vis pacem, para bellum.
  • #241,085
  • May 12, 2010 10:17pm May 12, 2010 10:17pm
Quoting Duce
Everything we see hides another something else. We always want to see what is hidden by what we see. His numbers reveal. He is the Son of Man.
That was a PJ (private joke) to gator, although i do believe we're hiitng a bottom here, the numbers that he usually spills out are bound to be hit, thanks to the markets trend. You can pick any other round number around those figures and find out that they actually fit the specs too.
Traders are smartasses
  • #241,086
  • May 12, 2010 10:18pm May 12, 2010 10:18pm
Quoting Mr J
There was a bounce - not far off 600 pips in less than two trading days.
Yes, but it disappeared just as quickly. Not good for the bull's confidence.
Si vis pacem, para bellum.
  • #241,087
  • May 12, 2010 10:20pm May 12, 2010 10:20pm
I'm off for the night, all that I can add right now is that i'm more confident in being long than being short.
Traders are smartasses
  • #241,088
  • May 12, 2010 10:27pm May 12, 2010 10:27pm
Quoting gatorinla
looks like we need to go to 2656.5 + slip bounce.. before bear.. gonna add a few more targets to this jic .. still working on them.

#2 .271035
#3 .27408

mid on target #1 was respected (2634). it usually means we complete move to target.
done
waiting.
those who can, do. those who cant, talk about those who can
  • #241,089
  • May 12, 2010 10:29pm May 12, 2010 10:29pm
Quoting gatorinla
done
waiting.
same here
  • #241,090
  • May 12, 2010 10:33pm May 12, 2010 10:33pm
Quoting uraceulose
same here
you guys waiting for what ?
i'm looking for short now..
  • #241,091
  • May 12, 2010 10:35pm May 12, 2010 10:35pm
Quoting Jimz
you guys waiting for what ?
i'm looking for short now..
Short all the way, pleeeeeeeaaaaaaaaaasssssssssseeeeeeeeeeee!
Traders are smartasses
  • #241,092
  • May 12, 2010 10:36pm May 12, 2010 10:36pm
hahaha...okay, so what's your entry ?
  • #241,093
  • May 12, 2010 10:44pm May 12, 2010 10:44pm
Quoting Spsantos
That was a PJ (private joke) to gator, although i do believe we're hiitng a bottom here, the numbers that he usually spills out are bound to be hit, thanks to the markets trend. You can pick any other round number around those figures and find out that they actually fit the specs too.
*L*
those who can, do. those who cant, talk about those who can
  • #241,094
  • May 12, 2010 10:44pm May 12, 2010 10:44pm
Quoting Jimz
you guys waiting for what ?
i'm looking for short now..
yes for me, read back a couple posts/pages

edit: i just went back and re-read this post, I didn't mean to come across rude. I just mean that there is some good analysis on the last few pages..
  • #241,095
  • May 12, 2010 10:54pm May 12, 2010 10:54pm
current random levels. from predictive
Attached Image
those who can, do. those who cant, talk about those who can
  • #241,096
  • May 12, 2010 10:57pm May 12, 2010 10:57pm
Quoting gatorinla
*L*
I also subscribe all of bemac's posts...
Traders are smartasses
  • #241,097
  • May 12, 2010 10:59pm May 12, 2010 10:59pm
Quoting gatorinla
current random levels. from predictive
rest of chart.
Attached Image
those who can, do. those who cant, talk about those who can
  • #241,098
  • May 12, 2010 11:02pm May 12, 2010 11:02pm
Quoting Spsantos
I also subscribe all of bemac's posts...
i hear ya, i am still waiting on a chart.
those who can, do. those who cant, talk about those who can
  • #241,099
  • May 12, 2010 11:27pm May 12, 2010 11:27pm
Morning to all , strange! price remains the same , no tp ,raised before sleep to 1.2610. Now pa becomes suspecious , can try fly without repairing it & boom!possible . anyway more raise the tp line to 1.2617.
H4 & h1 in bull rally mode but expecting it to the level before any lift.
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #241,100
  • May 12, 2010 11:33pm May 12, 2010 11:33pm
Here's a chart for the long side, dollar should pull back into 84.4, and if it breaks that possibly 83.4 before the next run up.
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