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EURUSD

  • #258,541
  • Jun 15, 2010 5:22pm Jun 15, 2010 5:22pm
Quoting tazzam72
Looks like Eur will move up to 12600 .
What, this week??
Gambling with PA
  • #258,542
  • Jun 15, 2010 5:22pm Jun 15, 2010 5:22pm
Quoting Driver55
as the work plan. we have opened the daily candle above 1.1329.
course does not mean that we are saved.. but we can hope.
we got a net
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those who can, do. those who cant, talk about those who can
  • #258,543
  • Jun 15, 2010 5:22pm Jun 15, 2010 5:22pm
I think you'll see it drift down a little during the asian sessions to either right on the cloud, or slightly in it, then bounce back to 1.2400 before going into a bear market.
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  • #258,544
  • Jun 15, 2010 5:26pm Jun 15, 2010 5:26pm
Quoting gatorinla
its 2316 on dealbook.. heres ya sl
stop loss?..i trust dealbook more than broco demo, thanks
  • #258,545
  • Jun 15, 2010 5:27pm Jun 15, 2010 5:27pm
Quoting gatorinla
they doubled the amount of the estimated oil being released 60k bpd ish. this was before the pipe cut. it may b up to 100k now.. it may be a bigger find then Saudis arabia. its not a sure thing it will be capped. bp may not survive
Correct

The oil deposit at 5000 feet under the sea is the biggest on EARTH!
They have ripped mother earth a new A-hole, literally, LOL

I hold short on bp thus I follow their corporate website very closely, this is funny June 10th Technical Update BP, no mention of a long term plan, no mention of a stop, only how to capture and contain more oil
And they are planning to burn 10,000 barrels a day of oil on the Q4000 in 5-10 days as a "relief" effort LOOOOOL
I guess the ozone layer has been demoted to a second priority
  • #258,546
  • Jun 15, 2010 5:31pm Jun 15, 2010 5:31pm
overall up trend for now on 4H it may retrace down a little but I think that the market is moving to 1.26

Quoting gurangax
What, this week??
  • #258,547
  • Jun 15, 2010 5:36pm Jun 15, 2010 5:36pm
Quoting tazzam72
overall up trend for now on 4H it may retrace down a little but I think that the market is moving to 1.26
I'm holding a hedge long position so I really do hope it goes to 1.24 never mind higher lol
  • #258,548
  • Jun 15, 2010 5:44pm Jun 15, 2010 5:44pm
Quoting uraceulose
stop loss?..i trust dealbook more than broco demo, thanks
put that tl on your meta.. we aren't working without a net. eurx s/r still held also...stock buying on low volume is in the mix. funds are trying to own something at quarters end. im short until they break down the door.
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those who can, do. those who cant, talk about those who can
  • #258,549
  • Jun 15, 2010 5:50pm Jun 15, 2010 5:50pm
Up we go. Will we pass 2450 and aim for 2.6?? We will see, but im long biased these days for sure
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  • #258,550
  • Jun 15, 2010 5:51pm Jun 15, 2010 5:51pm
lol, I couldn't find an upper trendline I could do to find a resistance level so I decided to play around with fib levels and found a 38% level at around 1.2345. w00t! At least I found a "reason" for going short (other than my oddly, randomly drawn trendline).
  • #258,551
  • Jun 15, 2010 5:55pm Jun 15, 2010 5:55pm
Quoting sed34
I question the sanity of the people that are long BP.
Can You say Yes or No?

like "Yes I did the trade after the BP News"

or NO I am only trading FX
Follow the Trend, thats all
  • #258,552
  • Jun 15, 2010 6:11pm Jun 15, 2010 6:11pm
you have the same count that I do except I think the top was a b wave.......

and yes my target is 1.26....I took sells for a wave but exited at profit thinking maybe it's a c wave.....I know I am wrong with both and neither unfolded but I ran with my profits.......I just came out of a beating...lol

Quoting tazzam72
overall up trend for now on 4H it may retrace down a little but I think that the market is moving to 1.26
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  • #258,553
  • Jun 15, 2010 6:24pm Jun 15, 2010 6:24pm
Nuclear Device Only Option to Stop Oil Leak Says Simmons founder of the Ocean Energy Institute


Bloomberg — Matthew Simmons, founder of the Ocean Energy Institute, talks with Bloomberg's Lori Rothman about BP Plc's oil leak in the Gulf of Mexico and his view that the use of a "small-bore nuclear device" is now the "only option" to stop the flow of oil.
http://4oil.blogspot.com/2010/06/nuc...-stop-oil.html
  • #258,554
  • Jun 15, 2010 6:25pm Jun 15, 2010 6:25pm
Quoting T@rantula
Up we go. Will we pass 2450 and aim for 2.6??
Next 1.89 instead of 0.89

Feds will have to loose thier policy.. Buying back their own Debt and

swap money with EZ, - 2007 allover again..

Should we see any pool back to 1.20-1.21 area, you know what that

means..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #258,555
  • Jun 15, 2010 6:26pm Jun 15, 2010 6:26pm
the next big sell or run down to break bottom will start on 18-6-2010....expect "Standing out News".......
  • #258,556
  • Jun 15, 2010 6:26pm Jun 15, 2010 6:26pm
Quoting SkyzerFX

Should we see any pool back to 1.20-1.21 area, you know what that

means..
hell yea
  • #258,557
  • Jun 15, 2010 6:32pm Jun 15, 2010 6:32pm
Quoting tamster
Nuclear Device Only Option to Stop Oil Leak...
Don't laugh, this kind of thing has been a'rd for a LONG time... Idiocy I mean.

"One of the first plowshare nuclear blast cratering proposals that came close to being carried out was Project Chariot, which would have used several hydrogen bombs to create an artificial harbor at Cape Thompson, Alaska. It was never carried out due to concerns for the native populations and the fact that there was little potential use for the harbor to justify its risk and expense"
http://en.wikipedia.org/wiki/Operation_Plowshare
FUBAR...
  • #258,558
  • Jun 15, 2010 6:37pm Jun 15, 2010 6:37pm
here is the euro time cycle.....this is how it is applyed .......

do this on one of your charts and leave it aside......then you can come back and call me foolish.......

did I crack time......

The black cycle lines measure wave 1 to 2 of elliott.....same with fib time expansion....measures wave 1 to 2........results are straight forward cycle to is wave 3 and also alot about the whole pattern.....

Then you shift it to the next wave
And you also measure top of wave 1 and 3 to get end of pattern wave 5....

Did I crack Time......Put it on your charts.......
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  • #258,559
  • Jun 15, 2010 6:47pm Jun 15, 2010 6:47pm
Quoting ak4x
...
idiocy is right. seems like the amount of morons is increasing.
  • #258,560
  • Jun 15, 2010 6:49pm Jun 15, 2010 6:49pm
Now see how when you apply the fib expansion from the beginning of cycle to end at 2 different levels how the wave breaks up.....look where .38 and .618 break up the pattern......the first pic it breaks up the extension and second it breaks up the whole c wave......and that is why I think the top was a b wave.....

please note for any good elliott traders out there how the time cycle picked up the eluding wave 2 ....it could have been any candle and probably many of us have measured of the right one until more of the pattern was revealed recently.......you will see the black line exactly at the wierd candle I measured from before but gives perfect fib measurements.....

I hope I can represent so you can see what I see.....
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