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  • #244,161
  • May 18, 2010 10:59pm May 18, 2010 10:59pm
Quoting goods
Shorty @2205
So far so good its panning out
Know when to hold em, Know when to fold em!
  • #244,162
  • May 18, 2010 10:59pm May 18, 2010 10:59pm
Quoting Tsudo
Doesn't that bowl/cup/rounding bottom usually denote a reversal/uptrend when following such a drastic downtrend? I mean, at the very least a retracement...
I remember the "bowl" everyone was talking about on the daily back in feb/march .
  • #244,163
  • May 18, 2010 11:01pm May 18, 2010 11:01pm
Quoting Mr J
I remember the "bowl" everyone was talking about on the daily back in feb/march .
Just saw, you mean Feb 04 - Steak and Bj day?
  • #244,164
  • May 18, 2010 11:01pm May 18, 2010 11:01pm
Quoting Tsudo
Gotcha...guess they just said "eff you" to the fib numbers then....

I am not a fib guy I couldn't tell you, I just do as the charts (price action) tell me to do.
Know when to hold em, Know when to fold em!
  • #244,165
  • May 18, 2010 11:03pm May 18, 2010 11:03pm
Quoting goods
I am not a fib guy I couldn't tell you, I just do as the charts tell me to do.
Yeah, me neither...I try to keep it as simple as possible..

I'll just see people say, "Yeah it should retrace to xx.xxxx"..and I'm thinking, "lolwut?"
  • #244,166
  • May 18, 2010 11:04pm May 18, 2010 11:04pm
Quoting Tsudo
Just saw, you mean Feb 04 - Steak and Bj day?
I'm sure I didn't get a steak .
  • #244,167
  • May 18, 2010 11:06pm May 18, 2010 11:06pm
Quoting Mr J
I remember the "bowl" everyone was talking about on the daily back in feb/march .
wasnt me.. but i am now
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those who can, do. those who cant, talk about those who can
  • #244,168
  • May 18, 2010 11:06pm May 18, 2010 11:06pm
Quoting Mr J
I'm sure I didn't get a steak .
I'd complain and ask for a retroactive dinner!
  • #244,169
  • May 18, 2010 11:07pm May 18, 2010 11:07pm
Quoting Mr J
I'm sure I didn't get a steak .
Just stole $1 from the market lol. I didnt go out without a fight and I profited, I am happy and it was a good attempt
Know when to hold em, Know when to fold em!
  • #244,170
  • Edited 11:22pm May 18, 2010 11:09pm | Edited 11:22pm
Stopped out for +1 pip @ 2188 reload long 2190 TP 2350! ETA 1 hours
Founder of Sutherland Wave Principle
  • #244,171
  • May 18, 2010 11:09pm May 18, 2010 11:09pm
Quoting gatorinla
wasnt me.. but i am now
that's what I'm talking about...

For clarification: Is that a bullish continuation to the other respective side and then higher still? Or to the other side and then a drop like we just saw (normally)?
  • #244,172
  • May 18, 2010 11:10pm May 18, 2010 11:10pm
Quoting suthmo
Stopped out for +1 pip @ 2188 reload long 2190 TP 2350! ETA 1 hour
Grats looks like we both took a pip from the market. I tried to get that same long but didnt get it in time, I will play this range with a bearish viewpoint
Know when to hold em, Know when to fold em!
  • #244,173
  • May 18, 2010 11:11pm May 18, 2010 11:11pm
Quoting suthmo
Stopped out for +1 pip @ 2188 reload long 2190 TP 2350! ETA 1 hour
DP is at 2269 so I can see your 2270 target but above and beyond will be tough.
Former Trader Of the Year of the 95% losing club! Retired
  • #244,174
  • May 18, 2010 11:12pm May 18, 2010 11:12pm
Quoting kandarv
Me too, [email protected] [email protected] [email protected] waiting for the break
Just closed the position @1.2189 doesn't look to me that the original plan is gonna work
  • #244,175
  • May 18, 2010 11:15pm May 18, 2010 11:15pm
Quoting kandarv
Just closed the position @1.2189 doesn't look to me that the original plan is gonna work
I agree it looks like it keeps drifting higher and I can almost see a break out happening soon....dont want to be on the wrong side keeping in mind where the DP is. I'd look to short from up there.
Former Trader Of the Year of the 95% losing club! Retired
  • #244,176
  • May 18, 2010 11:17pm May 18, 2010 11:17pm
I am shorting the Eur/Usd to 1.2035... several short positions taken at 1.2410 and 1.2350... woohoo
  • #244,177
  • May 18, 2010 11:21pm May 18, 2010 11:21pm
imho
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  • #244,178
  • May 18, 2010 11:24pm May 18, 2010 11:24pm
Hey All,

After the last fall - seems that fibre has gained over 40 pips tonight in asia.

I just can't see a legitimate reason to be buying Euros ATM other than possible retracement pips.. What gives! May just step aside now... A bit uncertain as to direction.

Ultimately I am looking south to the 1.1500 area.

The German ban is interesting... Found this article in my reading earlier if anyone is interested

http://online.wsj.com/article/BT-CO-...EHeadlinesAsia
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #244,179
  • May 18, 2010 11:29pm May 18, 2010 11:29pm
Quoting XTrade
I just can't see a legitimate reason to be buying Euros ATM other than possible retracement pips..
Short postions can't book any profit without buying.
  • #244,180
  • May 18, 2010 11:29pm May 18, 2010 11:29pm
For what it's worth there's abandoned baby patter on G/U 2h. I long.
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