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  • #251,121
  • Jun 1, 2010 11:48am Jun 1, 2010 11:48am
Quoting uraceulose
i had my eye on that top tl too...now i'm gonna make it a wedge..thanks

edit: or maybe this way?
Whatever works, but the bottom is longterm resistance and has been touched three times, and the descending TL now has 5 points. Both are significant, more so than the shorter term channel.
  • #251,122
  • Jun 1, 2010 11:49am Jun 1, 2010 11:49am
Quoting Jimz
hey bro...what's your suggest for now ?
My suggestion is : Wait for Tokyo, make a small entry, then in late Asia open up a position, wait for London and start a real trade when London opens up. Best time to trade is London-NY till 6 oclock PM GMT.
  • #251,123
  • Jun 1, 2010 11:50am Jun 1, 2010 11:50am
Quoting hhitch
I'm doing good Kill thanks! a bit crazy this morning... how you doin! how many milk cans today
it was crazy from low to high l

3 cans the fourth in the way with some diapers
  • #251,124
  • Jun 1, 2010 11:53am Jun 1, 2010 11:53am
well Naseri, personally I would tend to believe the over the long term, the Euro is going down. There are just too many fundamental issues with it to keep it bought up. As of now I happen to be bearish. Like I said, he can do whatever he wants at any time

Quoting Naseri13
Yea I know that , what is your deside ?

I read the charts and guess we are in for some GREAT USD - selling soon... best hedge... either CADCHF short or EURCAD long.... or for JPY haters ... chfjpy long....
"The real genius is knowing when to stop." - Marc Faber
  • #251,125
  • Jun 1, 2010 11:54am Jun 1, 2010 11:54am
Quoting T@rantula
My suggestion is : Wait for Tokyo, make a small entry, then in late Asia open up a position, wait for London and start a real trade when London opens up. Best time to trade is London-NY till 6 oclock PM GMT.
so no action for now ?
well...now already 1:52 am here...going off to bed now...
i set my alarm at 4:35 am...will see what happen later

good night everyone...
  • #251,126
  • Jun 1, 2010 11:54am Jun 1, 2010 11:54am
There you go...

P.S: And of course it was not intervention, why it's falling now like a rock then?
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #251,127
  • Jun 1, 2010 11:56am Jun 1, 2010 11:56am
get down! keep them diapers clean

Quoting kill56
it was crazy from low to high l

3 cans the fourth in the way with some diapers
"The real genius is knowing when to stop." - Marc Faber
  • #251,128
  • Jun 1, 2010 11:57am Jun 1, 2010 11:57am
Quoting T@rantula
OFC reversal is a strong word...retracement is the right word. Retracements are temporary and corrective in nature while reversals are major change of the prevailing trend
yeah they had a few saying this last week.. i posted a chart over the weekend showing how they devolve. to show the signs are not present atm... . on 4h all i see is bounce.. Im strongly bear longer term.. when it shows other signs i will change..
those who can, do. those who cant, talk about those who can
  • #251,129
  • Jun 1, 2010 11:58am Jun 1, 2010 11:58am
Quoting SkyzerFX
Not today of course, common. EU made a new low, and then

top (shoot I was not able to click Sell "Off quotes" BS kick me

out.) Maybe it's a buy for like 20-40 pips and then SELL for 200+,

you choose.
i'm thinking for doing like that...
take a buy for 20-40 pips and then sell for 200+
  • #251,130
  • Jun 1, 2010 11:58am Jun 1, 2010 11:58am
Quoting Jimz
so no action for now ?
well...now already 1:52 am here...going off to bed now...
i set my alarm at 4:35 am...will see what happen later

good night everyone...
Haha, no action for me...I need to relax now and wait for Tokyo and late Asia to make some analysis
  • #251,131
  • Jun 1, 2010 11:59am Jun 1, 2010 11:59am
Quoting gatorinla
yeah they had a few saying this last week.. i posted a chart over the weekend showing how they devolve. to show the signs are not present atm... . on 4h all i see is bounce.. Im strongly bear longer term.. when it shows other signs i will change..
Exactly...200-500 pip move is not a reversal
  • #251,132
  • Jun 1, 2010 12:00pm Jun 1, 2010 12:00pm
Quoting hhitch
well Naseri, personally I would tend to believe the over the long term, the Euro is going down. There are just too many fundamental issues with it to keep it bought up. As of now I happen to be bearish. Like I said, he can do whatever he wants at any time
Thank you so much,
Now with this act my profit sys says something diffrent,
1.22 - 12150 is the tp level for this downtrend then will go up again
as has not momentum to slide more... with this trend I should say that he can do whatever he want.
A little beginner trader since 2006
  • #251,133
  • Jun 1, 2010 12:02pm Jun 1, 2010 12:02pm
Quoting T@rantula
Exactly...200-500 pip move is not a reversal
at this point neither is 2900
those who can, do. those who cant, talk about those who can
  • #251,134
  • Jun 1, 2010 12:02pm Jun 1, 2010 12:02pm
yeah I think I soiled my own diapers a couple a times this morning

Quoting kill56
it was crazy from low to high l

3 cans the fourth in the way with some diapers
"The real genius is knowing when to stop." - Marc Faber
  • #251,135
  • Jun 1, 2010 12:05pm Jun 1, 2010 12:05pm
Quoting uraceulose
2133-2144 was big man..that's why..this is not much of a bounce zooming out long term. i'm not saying today is the day but we're going below 1.20 soon
missed 2360 by 7 pips... the concrete is drying.. i sure would like a test.. but almost hitting it is ok i guess.. yellow tl contained it..
those who can, do. those who cant, talk about those who can
  • #251,136
  • Jun 1, 2010 12:06pm Jun 1, 2010 12:06pm
I really want it bounce from now , though not seeing the counts is in a process of pa but looking test 1.2286/96 fast for validation & go sleep.
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #251,137
  • Jun 1, 2010 12:10pm Jun 1, 2010 12:10pm
50m left.. sell off?
those who can, do. those who cant, talk about those who can
  • #251,138
  • Jun 1, 2010 12:15pm Jun 1, 2010 12:15pm
Quoting gatorinla
50m left.. sell off?
maybe fontu is right.
I am waiting for action
A little beginner trader since 2006
  • #251,139
  • Jun 1, 2010 12:15pm Jun 1, 2010 12:15pm
Quoting gatorinla
at this point neither is 2900
Absolutely...I was just trying to explain it from a scholastic point of view
  • #251,140
  • Jun 1, 2010 12:16pm Jun 1, 2010 12:16pm
Quoting T@rantula
Exactly...200-500 pip move is not a reversal
Particularly in such volatile conditions. We've dropped 30 cents, and a couple of cents retrace is worrying a lot of people? I think much of the problem is that many focus on faster timeframes, and don't really have much of an idea of the big picture.
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