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  • #261,081
  • Jun 21, 2010 11:45am Jun 21, 2010 11:45am
S2 is broken. i guess the ecb president's speech is over.
  • #261,082
  • Jun 21, 2010 11:45am Jun 21, 2010 11:45am
Quoting ak4x
I'm all eyeballs here bro... shorts looking good atm

4hr 200sma = 2347 on my mt4 charts.

My accucharts are currently down so I feel like I'm flying blind here. Back to simple PA and a couple old school S/R tools.

It's come to that has it...?
Use the force Ak.....reach out your senses and let them guide you.....

Oh....and.....OLD GUYS RULE!
  • #261,083
  • Jun 21, 2010 11:45am Jun 21, 2010 11:45am
Quoting sForexia
Theoretically, there shouldn't be much correlations between EUR/USD and USD/CAD
Not true; they both contain the usd, so there is a certain amount of correlation.
  • #261,084
  • Jun 21, 2010 11:45am Jun 21, 2010 11:45am
Quoting PriceVolume
One man's "rally" is another man's "noise".
those who can, do. those who cant, talk about those who can
  • #261,085
  • Jun 21, 2010 11:46am Jun 21, 2010 11:46am
well...All of my shorts are closed. I'm out. indicators are looking oversold at the moment.
  • #261,086
  • Jun 21, 2010 11:47am Jun 21, 2010 11:47am
For all that missed the break....you will likely get a pullback to enter on downtrend resumption....
  • #261,087
  • Jun 21, 2010 11:47am Jun 21, 2010 11:47am
It's fallen somewhat, but don't count your chickens before they've hatched.
  • #261,088
  • Jun 21, 2010 11:48am Jun 21, 2010 11:48am
Quoting sed34
oh well. All of my shorts are closed. I'm out. indicators are looking oversold at the moment.
Uh...ok. You do realize we just broke a 2 week old trendline, right? Just saying.......might have taken some profit, moved to BE, and let it ride....
  • #261,089
  • Jun 21, 2010 11:49am Jun 21, 2010 11:49am
Quoting ak4x
I'm all eyeballs here bro... shorts looking good atm

4hr 200sma = 2347 on my mt4 charts.

My accucharts are currently down so I feel like I'm flying blind here. Back to simple PA and a couple old school S/R tools.

It's come to that has it...?

Short sayeth the force..path of resistance least
Warning, lack of trading is dangerous to your survival......
  • #261,090
  • Jun 21, 2010 11:52am Jun 21, 2010 11:52am
Is PA 1,21 a Mirage or are we going to touch it?
Right now PA very bearish.
  • #261,091
  • Jun 21, 2010 11:53am Jun 21, 2010 11:53am
Quoting Alado
Is PA 1,21 a Mirage or are we going to tocuh it?
Right now PA very bearish.
I certainly believe we will, but I could be full of sh#t. But we won't get there in a straight line.
  • #261,092
  • Jun 21, 2010 11:55am Jun 21, 2010 11:55am
It's days like this I really enjoy trading D1. I'll have a look at the landscape later on today during the Asian session and maybe put in a trade for tomorrows session to catch the meat of a possible big move. H1 is certainly going south like a bat out of hell right now but could be a fake out. Too much uncertainty for me on the lower time frames.
  • #261,093
  • Jun 21, 2010 11:55am Jun 21, 2010 11:55am
All morning I've been screaming "short" on Twitter.

I get some half-ass trader Direct Messaging me, he blatantly told me I was wrong in my EurUsd call and to look for longs and if I'd listened to him I'd be rich.

Yeah I have 100 pips gained today from my short calls.

Moral of the story, I got the equity and years of experience to back up every one of my calls. I'm not where I am because of stupid calls and mistakes.

I have yet to hear from him again ... I DM him twice an hour ago.
  • #261,094
  • Jun 21, 2010 11:56am Jun 21, 2010 11:56am
Quoting PriceVolume
Uh...ok. You do realize we just broke a 2 week old trendline, right? Just saying.......might have taken some profit, moved to BE, and let it ride....
While I'm not a fan of the term "oversold", I'll point out that we may have broken that TL, but we bounced off a 1-weeker....bounce perhaps being too strong a word.
  • #261,095
  • Jun 21, 2010 11:56am Jun 21, 2010 11:56am
Yeah, up trenline was broken... Time for bear to be back...I've already in at 1.2370 and will wait for a bounce at 1.2325 to add more
  • #261,096
  • Jun 21, 2010 11:56am Jun 21, 2010 11:56am
Quoting Jhig
All morning I've been screaming "short" on Twitter.

I get some half-ass trader Direct Messaging me, he blatantly told me I was wrong in my EurUsd call and to look for longs and if I'd listened to him I'd be rich.

Yeah I have 100 pips gained today from my short calls.

Moral of the story, I got the equity and years of experience to back up every one of my calls. I'm not where I am because of stupid calls and mistakes.

I have yet to hear from him again ... I DM him twice an hour ago.
Did you thank him for his business?
  • #261,097
  • Jun 21, 2010 11:57am Jun 21, 2010 11:57am
Quoting PriceVolume
Uh...ok. You do realize we just broke a 2 week old trendline, right? Just saying.......might have taken some profit, moved to BE, and let it ride....
true. its just earlier on when I started forex I learned to take the money and run. which is why i only scalp spot trading. Staying in too long can get my a$$ handed to me.

now options on the other hand I'm still in, because I trade the daily on those.
  • #261,098
  • Jun 21, 2010 11:58am Jun 21, 2010 11:58am
Quoting PriceVolume
Oh....and.....OLD GUYS RULE!
Of course...

Attached Image
FUBAR...
  • #261,099
  • Jun 21, 2010 11:59am Jun 21, 2010 11:59am
Quoting Mr J
While I'm not a fan of the term "oversold", I'll point out that we may have broken that TL, but we bounced off a 1-weeker....bounce perhaps being too strong a word.
Could be. But after we bounce a bit, I'll be adding another short if I see resumption. I pocketed some profit and moved to BE+.
  • #261,100
  • Jun 21, 2010 12:00pm Jun 21, 2010 12:00pm
Quoting PriceVolume
Could be. But after we bounce a bit, I'll be adding another short if I see resumption. I pocketed some profit and moved to BE+.
dude.... you took the words right out of my mouth...
FUBAR...
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