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  • #259,901
  • Jun 17, 2010 10:53pm Jun 17, 2010 10:53pm
Quoting Orbital
How are you figuring 2344 as a validation point based on charts?
The reaction low of the previous diamond , still in action perhaps . resistant up can be reached up 1.2404 before fall . all if works , there is a mess already in the market people .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #259,902
  • Jun 17, 2010 11:08pm Jun 17, 2010 11:08pm
All I know is i scalped the absolute heck out of the UC over the past like 8 hours. Practically criminal. Who says you need big movement to enjoy a stellar day.

Not even going to dream of shorting EU for a bit. Better entries lie ahead I think.
Only expectation matters . . .
  • #259,903
  • Jun 17, 2010 11:13pm Jun 17, 2010 11:13pm
Arent the spreads kind of killer on scalping UC ?
  • #259,904
  • Jun 17, 2010 11:13pm Jun 17, 2010 11:13pm
there is serious fight btw the bulls and the bears in EU...who is gonna win?
  • #259,905
  • Jun 17, 2010 11:16pm Jun 17, 2010 11:16pm
Quoting Orbital
Arent the spreads kind of killer on scalping UC ?
Depends. I got good spreads for the most part. Basically I spent 8 hours loading up on lots and taking down a few pips at a time. At first it was a little boring, but I got a nice stash built up.

There was a time earlier where the spread seemed odd, so I waited.
Only expectation matters . . .
  • #259,906
  • Jun 17, 2010 11:17pm Jun 17, 2010 11:17pm
Quoting brighty3k
there is serious fight btw the bulls and the bears in EU...who is gonna win?
My FXOpen account shows low volume. Of course I have a market maker account so I have no idea what value you can see in the volume levels.
  • #259,907
  • Jun 17, 2010 11:17pm Jun 17, 2010 11:17pm
Quoting brighty3k
there is serious fight btw the bulls and the bears in EU...who is gonna win?
Gold.
Only expectation matters . . .
  • #259,908
  • Jun 17, 2010 11:20pm Jun 17, 2010 11:20pm
Quoting clambill
My FXOpen account shows low volume. Of course I have a market maker account so I have no idea what value you can see in the volume levels.
Probably just tick volume - but I'm not sure....
  • #259,909
  • Jun 17, 2010 11:24pm Jun 17, 2010 11:24pm
For those holding Long positions and showing a profit, do you plan on holding your positions over the weekend or cashing in before the day is over?
  • #259,910
  • Edited 11:43pm Jun 17, 2010 11:29pm | Edited 11:43pm
Huh, whatta shitty price action in the last hour. I got whipsawed 4 times in a row. Tried to play the direction with the fibo in 15min TF..there seems to be no direction ....gotta chill out now and wait.

edit: ok, opened another short just a moment ago (again)
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  • #259,911
  • Jun 17, 2010 11:30pm Jun 17, 2010 11:30pm
Quoting Buai
Agreed...you should see my trading charts! They ARE a mess.

The main issue for me is the point you make about life generally being quite stressful at this time, and I agree. The problem with bozo's like swingtrader is that he increases the stress factor here (funny coming from a guy who's Avatar is all about "stress free trading") and lessens the ability to focus, learn and trade well. ie here I am very pissed off and wasting time writing this stuff and not trading.
(not that this market is begging for me to enter)

I know I should just...
seems u didnt had good trading day...cheer up mate as u mentioned u are a noob in trading...i am sure one day u will clear up all those indi and start serious trading lol

cheers
  • #259,912
  • Jun 17, 2010 11:35pm Jun 17, 2010 11:35pm
any one short ?
  • #259,913
  • Jun 17, 2010 11:37pm Jun 17, 2010 11:37pm
Apart from some not-that-important data can we count on any news today? About Spain, or France?
  • #259,914
  • Jun 17, 2010 11:40pm Jun 17, 2010 11:40pm
Quoting macsetta
Apart from some not-that-important data can we count on any news today? About Spain, or France?
If any news comes out they will wait till the market closes.

Thats the way it is here in the States anyway. Bad news comes out on the weekend when not as many people are paying attention.
  • #259,915
  • Jun 17, 2010 11:40pm Jun 17, 2010 11:40pm
Quoting clambill
My FXOpen account shows low volume. Of course I have a market maker account so I have no idea what value you can see in the volume levels.
check e 5m chart
  • #259,916
  • Jun 17, 2010 11:42pm Jun 17, 2010 11:42pm
Quoting swingtrader
seems u didnt had good trading day...cheer up mate as u mentioned u are a noob in trading...i am sure one day u will clear up all those indi and start serious trading lol

cheers
Alan Farley (author: The Master Swing Trader) and David Nassar (a number of books and videos) say you should look for "areas of confluence" like various fib levels that correspond to the same price levels etc. So, you could very well have a so-called messy chart that would still make sense.

As for ragging on people to express rage and intolerance, well, I believe that comes from a lack of education. Reading Feeling Good by David Burns which explains false negative assumptions and an introductory university textbook on psychology might help.
  • #259,917
  • Jun 17, 2010 11:43pm Jun 17, 2010 11:43pm
Quoting raasmasud
any one short ?
errrr.... yeah. all day.
FUBAR...
  • #259,918
  • Jun 17, 2010 11:44pm Jun 17, 2010 11:44pm
Quoting Buai
Agreed...you should see my trading charts! They ARE a mess.

The main issue for me is the point you make about life generally being quite stressful at this time, and I agree. The problem with bozo's like swingtrader is that he increases the stress factor here (funny coming from a guy who's Avatar is all about "stress free trading") and lessens the ability to focus, learn and trade well. ie here I am very pissed off and wasting time writing this stuff and not trading.
(not that this market is begging for me to enter)

I know I should just keep...
You should stop writing down your frustration here at the forum and trade based on your own analisys if the opinion of other traders bothers you that much stop coming here, this is a public forum and there´s some rules here:"respect your fellow trader" for example. If you are so upset with any trader here just use your ignore list and stop loading your sh..t down here.

Your post has been reported. This is a trading forum not a psychological help hotline.
  • #259,919
  • Jun 17, 2010 11:44pm Jun 17, 2010 11:44pm
Patience Pays....don't it?

Edit: And what do you mean....just all day? How about at least to parity! LOL

Quoting ak4x
errrr.... yeah. all day.
  • #259,920
  • Jun 17, 2010 11:47pm Jun 17, 2010 11:47pm
Divergence at TF30m and TF1h...
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