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  • #261,681
  • Jun 22, 2010 10:01am Jun 22, 2010 10:01am
Quoting klinckphilip
short 2280 target 2240
i got what you mean bro thanks
ブードゥー教
  • #261,682
  • Jun 22, 2010 10:01am Jun 22, 2010 10:01am
Quoting netrader06
No chart to post with this. Look at any chart. (1H suggested) The same pattern today as Monday. The market rarely if ever plays the same pattern 2 days in a row.
The PA fell short by 2 pips of a significant target last hour just as it did yesterday before heading south. If you like patterns and odds I suggest going long NOW to around 1.2341> SL @ 1.2264 if this is an ultra rare double day pattern.

Go choices all~
No. In a lot of cases, two pin bar side by side followed by slow market movement usually indicate a side ways pattern. The worst thing any trader could do is trade during a tight sideway range.
  • #261,683
  • Jun 22, 2010 10:02am Jun 22, 2010 10:02am
Tried a long at 1,2280 for 1,2320 tp
The hourly bounces off wasn't that bad so it worth a shot
COT: The precious data ignored
  • #261,684
  • Jun 22, 2010 10:05am Jun 22, 2010 10:05am
slipping? dd?
dow ..s/p
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those who can, do. those who cant, talk about those who can
  • #261,685
  • Jun 22, 2010 10:05am Jun 22, 2010 10:05am
Possible double top if this wedge plays its role #1230
  • #261,686
  • Jun 22, 2010 10:06am Jun 22, 2010 10:06am
Quoting goods
Trend is down, price is down, bulls are not able to get beyond a tiny bent in the trend, 1 hr showed a beautiful pinbar reversal at the top of a retracement (small bull play turned bear), alot of people got in on this, It means buying ran out on the 1 chart, that was a pullback alot of people entered in for a short.
A bunch of friends and associates text/emailed me telling me they lost, which was the reason I couldn't get sleep. Some traders on my Twitter feed reported losing a grip because they all counter-trend traded that retrace. As I've told many traders before, counter-trend trade at your own risk. I would never advise any trader to CT trade unless they've more trading experience than me.
  • #261,687
  • Jun 22, 2010 10:08am Jun 22, 2010 10:08am
Quoting Jhig
A bunch of friends and associates text/emailed me telling me they lost, which was the reason I couldn't get sleep. Some traders on my Twitter feed reported losing a grip because they all counter-trend traded that retrace. As I've told many traders before, counter-trend trade at your own risk. I would never advise any trader to CT trade unless they've more trading experience than me.
i agree with you jhig counter trend trading is very dangerous . ask me i have been there
ブードゥー教
  • #261,688
  • Jun 22, 2010 10:08am Jun 22, 2010 10:08am
Quoting TheLastCoke
Possible double top if this wedge plays its role #1230
we may never be here again..above 2307 r above 2333
those who can, do. those who cant, talk about those who can
  • #261,689
  • Jun 22, 2010 10:09am Jun 22, 2010 10:09am
Quoting netrader06
No chart to post with this. Look at any chart. (1H suggested) The same pattern today as Monday. The market rarely if ever plays the same pattern 2 days in a row.
The PA fell short by 2 pips of a significant target last hour just as it did yesterday before heading south. If you like patterns and odds I suggest going long NOW to around 1.2341> SL @ 1.2264 if this is an ultra rare double day pattern.

Go choices all~
Just remember the market can stay more irrational than you can solvent. I agree there is an option to go long looking at the one hour chart. But big picture in the daily chart the stochastic is starting to hang, suggesting a large bear direction. Best to wait and see, as boring and gutless as that sounds
  • #261,690
  • Jun 22, 2010 10:10am Jun 22, 2010 10:10am
If bees and other pollinators were to disappear completely, the cost to the UK could be up to £440m per year, say scientists.
http://news.bbc.co.uk/go/rss/-/1/hi/...t/10371300.stm
  • #261,691
  • Jun 22, 2010 10:10am Jun 22, 2010 10:10am
Quoting Voodoo
i know the basics brother like support resistance , trend lines , candlesticks patterns , indicators . i did read most of the site babypips etc i just need to advance to the next level .
here's for starters, the only one i can find now... it gives you enough to get started with anyway and some terms to follow up on.
http://www.investopedia.com/articles...arry-trade.asp

carry trade days...

the Winding Up was days and weeks of almost no brainer trading.
the Unwinding was moments of boredom interrupted by hours of terrifying plunges...
Attached Image


unless you were short of course, then the retraces could stop your heart for a few minutes.
FUBAR...
  • #261,692
  • Jun 22, 2010 10:11am Jun 22, 2010 10:11am
Quoting TheLastCoke
Possible double top if this wedge plays its role #1230

2449 would be exactly correct , if you counted it right....
R & S , That Is All !...
  • #261,693
  • Jun 22, 2010 10:12am Jun 22, 2010 10:12am
am happy to met my terget @1.2300 and 1.2550 respective pocketing over 250pips.when i saw the signal yesterday morning some didnt believe it but it happen,eur might still fall further but i cant short for now but the general trend is still bearish..happy pip to all..glory be to God
  • #261,694
  • Jun 22, 2010 10:12am Jun 22, 2010 10:12am
Quoting Jhig
No. In a lot of cases, two pin bar side by side followed by slow market movement usually indicate a side ways pattern. The worst thing any trader could do is trade during a tight sideway range.
Yes....As you said. Not in all cases. That is why I said if you like odds. That being that they are in your favor. No like a casino but like market manipulation and the fact that PA is not random. If it was then it would be a casino. So.....The pattern is likely to follow opoosite of yesterday at this point since the PA fell short as it did yesterday. I am not talking about a simple candlestick pattern either. I am not going to explain it. Just giving everyone a heads up to do what they want with it. Because as you say andIi do agree...Not in all cases & this could be asideways move....that is also why I suggest risking 11 pips to make 66.
  • #261,695
  • Jun 22, 2010 10:12am Jun 22, 2010 10:12am
Quoting Jhig
I would never advise any trader to CT trade unless they've more trading experience than me.
freakin ay...

everynow and then i do one for a cardio workout tho w/o even having to get out of my chair...
FUBAR...
  • #261,696
  • Jun 22, 2010 10:14am Jun 22, 2010 10:14am
Quoting Jhig
A bunch of friends and associates text/emailed me telling me they lost, which was the reason I couldn't get sleep. Some traders on my Twitter feed reported losing a grip because they all counter-trend traded that retrace. As I've told many traders before, counter-trend trade at your own risk. I would never advise any trader to CT trade unless they've more trading experience than me.
Please clarify, are you agreeing that the trend is down and shorts continue in play? look at the daily chart since January, Look at eurgbp right now, Looks like we are ready to go down on eurusd for a plummet
Know when to hold em, Know when to fold em!
  • #261,697
  • Jun 22, 2010 10:18am Jun 22, 2010 10:18am
Dear members,
I am long on EURDOL pair at 1.2400 since 2 days ago and now more than a hundred lost, is there any hope of reverse?
  • #261,698
  • Jun 22, 2010 10:18am Jun 22, 2010 10:18am
Quoting ak4x
here's for starters, the only one i can find now... it gives you enough to get started with anyway and some terms to follow up on.
http://www.investopedia.com/articles...arry-trade.asp

carry trade days...

the Winding Up was days and weeks of almost no brainer trading.
the Unwinding was moments of boredom interrupted by hours of terrifying plunges... Attachment

unless you were short of course, then the retraces could stop your heart for a few minutes.
lol thanks brother for the link and i know what you mean . i really want to be a good trader i do not want to be in the mouth of that whale
ブードゥー教
  • #261,699
  • Jun 22, 2010 10:25am Jun 22, 2010 10:25am
Quoting ak4x
And you can usually forget the vouch thing as well, it's sort of broken...
I vouched for Pedro just because it was the cool thing to do.

Not all sins are created equal
  • #261,700
  • Jun 22, 2010 10:27am Jun 22, 2010 10:27am
Quoting gatorinla
we may never be here again..above 2307 r above 2333
coke.. time to test. yes in standing in front a little cho cho or a train.. if it aint now it will be soon. a little range may be in order until since its summer. we know where the bottom is atm. lets see what 2299 area says first.. its a smaller one
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