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Silent Service Method

  • #9,421
  • Jun 27, 2010 2:50pm Jun 27, 2010 2:50pm
Here is a link to the "agreement" that has so far been reached @ G20. In other words - not much. Big surprise, huh?

http://noir.bloomberg.com/apps/news?...G.cqdehg&pos=1
  • #9,422
  • Jun 27, 2010 2:59pm Jun 27, 2010 2:59pm
I really think soccer/football is growing in the USA. When the world cup was in the USA in 1994, I don't remember much about it at all. I know the games were on TV, but I didn't personally know anyone who watched the games.

All the summer news of 1994 was OJ Simpson and the MLB strike.

But now, with this world cup, every where I go, people who will say "I don't watch soccer", "I don't like soccer" are all excited about it.

And as one guy said to me last night...

Maybe parents and kids will realize they don't have to beat the hell out of their bodies on an American football field, and they can make millions, and they can play in front of the whole world (not just our country) so soccer is a good sport to compete in.

It would just be great if we had some of our top athletes that were also soccer players.
  • #9,423
  • Jun 27, 2010 6:30pm Jun 27, 2010 6:30pm
Quoting unlv_tj
I really think soccer/football is growing in the USA. When the world cup was in the USA in 1994, I don't remember much about it at all. I know the games were on TV, but I didn't personally know anyone who watched the games.

All the summer news of 1994 was OJ Simpson and the MLB strike.
Actually, I traveled all over the US following the Dutch. (Was young, and stupid. Sold almost everything I owned during that month. Lost my job, my apartment and girlfriend in the process. (I would do it all over again.) To be honest, there is a lot I don't remember about it either, but for other reasons. lol

I have a tattoo that is the WC mascot of 94 carrying the Dutch flag. Yes, it was a really, really, good time.

As far as OJ is concerned, I remember that. Can you imagine being Martin Dahlin of Sweden during this time? He is the guy on the left in this pic. Chants of "Go Juice Go!" and "OJ! OJ! OJ!" at all the Swedish matches. It was a riot.....lol
Attached Image
  • #9,424
  • Jun 27, 2010 8:05pm Jun 27, 2010 8:05pm
Quoting clockwork71
Actually, I traveled all over the US following the Dutch. (Was young, and stupid. Sold almost everything I owned during that month. Lost my job, my apartment and girlfriend in the process. (I would do it all over again.) To be honest, there is a lot I don't remember about it either, but for other reasons. lol

I have a tattoo that is the WC mascot of 94 carrying the Dutch flag. Yes, it was a really, really, good time.

As far as OJ is concerned, I remember that. Can you imagine being Martin Dahlin of Sweden during this time? He is the guy on...
That's funny, were you still listening to Iron Maiden??
  • #9,425
  • Jun 27, 2010 8:47pm Jun 27, 2010 8:47pm
Quoting clockwork71
Actually, I traveled all over the US following the Dutch. (Was young, and stupid. Sold almost everything I owned during that month. Lost my job, my apartment and girlfriend in the process. (I would do it all over again.) To be honest, there is a lot I don't remember about it either, but for other reasons. lol

I have a tattoo that is the WC mascot of 94 carrying the Dutch flag. Yes, it was a really, really, good time.

As far as OJ is concerned, I remember that. Can you imagine being Martin Dahlin of Sweden during this time? He is the guy on...
LOL, he does look a lot like OJ
  • #9,426
  • Jun 27, 2010 8:59pm Jun 27, 2010 8:59pm
Quoting calderone
That's funny, were you still listening to Iron Maiden??
Always brother. Still am.
  • #9,427
  • Jun 27, 2010 9:01pm Jun 27, 2010 9:01pm
Quoting trade price
gu daily
True, it is moving in a channel. However, if you are not in it already, I wouldn't get involved until we are either at support or resistance......not in between. That's "No Man's Land."
  • #9,428
  • Jun 28, 2010 1:57am Jun 28, 2010 1:57am
Did you write you would do it all over again....so what you saying is you still have a girlfriend?...........


Quoting clockwork71
Actually, I traveled all over the US following the Dutch. (Was young, and stupid. Sold almost everything I owned during that month. Lost my job, my apartment and girlfriend in the process. (I would do it all over again.) To be honest, there is a lot I don't remember about it either, but for other reasons. lol

I have a tattoo that is the WC mascot of 94 carrying the Dutch flag. Yes, it was a really, really, good time.

As far as OJ is concerned, I remember that. Can you imagine being Martin Dahlin of Sweden during this time? He is the guy on the...
  • #9,429
  • Jun 28, 2010 2:35am Jun 28, 2010 2:35am
Quoting Danku
Did you write you would do it all over again....so what you saying is you still have a girlfriend?...........
Can't live with 'em, can't live without 'em
Position trader - Anything intraweek is just noise...
  • #9,430
  • Jun 28, 2010 6:22am Jun 28, 2010 6:22am
Quoting clockwork71
Always brother. Still am.

It's just good music.
  • #9,431
  • Jun 28, 2010 7:30am Jun 28, 2010 7:30am
Hi all,

I've been following this thread for a while but never posted before. I have been trading forex for almost two years now. For the last six months I've improved my trading skills and moved from loss trades to break even trades. Sometimes even profit trades . So, still a newbie but slowly starting to get the hang of it. For me things changed when moving from intraday trading to swing trading, using methods similar to the ones in this thread.

I'm currently reading Pring on Price Patterns and the author suggest to use the Close Price when drawing trend lines. I've always been using candle sticks. What type of graph are you guys using when drawing trend lines?
  • #9,432
  • Jun 28, 2010 7:36am Jun 28, 2010 7:36am
Quoting Danku
Did you write you would do it all over again....so what you saying is you still have a girlfriend?...........

ha ha. No.....Heather is but a distant memory.
  • #9,433
  • Jun 28, 2010 7:40am Jun 28, 2010 7:40am
Quoting erdah
Hi all,

I've been following this thread for a while but never posted before. I have been trading forex for almost two years now. For the last six months I've improved my trading skills and moved from loss trades to break even trades. Sometimes even profit trades . So, still a newbie but slowly starting to get the hang of it. For me things changed when moving from intraday trading to swing trading, using methods similar to the ones in this thread.

I'm currently reading Pring on Price Patterns and the author suggest to use the Close Price when...
I tend to use bar charts more often. It's just a preference is all, nothing different about it at all.

I would say that using the closing price is best, but only because it can show that price broke above the trend line, but could not hold. But to be honest, I found that a trend line is going to appear where a trend line is, no matter how you use them.

Also, they aren't always absolute. I sometimes happens where a trend line gets poked through slightly once or twice, but in the end still seems to hold.

They can be "zones" as well.....although they are normally not as "thick" as a zone in the horizontal sense.
  • #9,434
  • Jun 28, 2010 7:53am Jun 28, 2010 7:53am
Interesting....

http://news.yahoo.com/s/dailybeast/8...NyYW1lcnN0bw--
  • #9,435
  • Jun 28, 2010 9:27am Jun 28, 2010 9:27am
Quoting clockwork71
Interesting....

http://news.yahoo.com/s/dailybeast/8...NyYW1lcnN0bw--

Anyone that actually listens to cramer is an idiot, plain and simple. Just two weeks ago he was saying BP was a "good buy" because it was a value pick at the time. The next day the stock dropped 5%.

He is a certified idiot. Anyone that does 10 minutes of research will see that he has a net negative return over the last 8 years on his "picks".

I don't think cramer is a bad person. I think he actually tries to be right but has such a serious set of neurosis that he is completely incapable.

Fund managing is about ALPHA and his is terrible. Money Market funds return more over the long run than he does.
  • #9,436
  • Jun 28, 2010 11:21am Jun 28, 2010 11:21am
Quoting trade price
eu 4 hour
I'm watching that too, here's my chart. I think it could be time for this trendline to break and the trend to finally resume but we'll wait and see.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd 4 hour 28 06 10.gif Size: 32 KB
Position trader - Anything intraweek is just noise...
  • #9,437
  • Jun 28, 2010 12:35pm Jun 28, 2010 12:35pm
Looking broken with 30 mins to end of the candle, a nice retest could be an add on opportunity down to 1.19?
Position trader - Anything intraweek is just noise...
  • #9,438
  • Jun 28, 2010 2:56pm Jun 28, 2010 2:56pm
I added when it touched the bottom of the trendline. Got a bit of profit locked anyway so it's free trade time

Going to bed soon so I'll see how it looks in the morning. Night all.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd 4 hour 28 06 10 2.gif Size: 34 KB
Position trader - Anything intraweek is just noise...
  • #9,439
  • Jun 28, 2010 3:26pm Jun 28, 2010 3:26pm
Quoting Arfer Daily
I'm watching that too, here's my chart. I think it could be time for this trendline to break and the trend to finally resume but we'll wait and see.

I think a break lower of this trend line, it should resume it's move down to the 1.19 area. I am not positive about a break of that area quite yet, (1.19) simply because it looks like the summer might be a lot of sideways movement.
  • #9,440
  • Jun 28, 2010 3:28pm Jun 28, 2010 3:28pm
Quoting clockwork71
I think a break lower of this trend line, it should resume it's move down to the 1.19 area. I am not positive about a break of that area quite yet, (1.19) simply because it looks like the summer might be a lot of sideways movement.
Yeah, time to throw good sense out the window. lol Box trade for months.
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