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  • #268,941
  • Jul 8, 2010 2:05pm Jul 8, 2010 2:05pm
Quoting TraderFitz
GCP,

I take it from your post that you don't think it will go down. Why is that?

I am not trying to argue or persuade you. I am trying to learn and get different perspectives.
Rising wedge is a bearish pattern. Here #1697
  • #268,942
  • Jul 8, 2010 2:05pm Jul 8, 2010 2:05pm
Quoting TraderFitz
GCP,

I take it from your post that you don't think it will go down. Why is that?

I am not trying to argue or persuade you. I am trying to learn and get different perspectives.

Do you know what a rising wedge is?
Attached Image
  • #268,943
  • Jul 8, 2010 2:12pm Jul 8, 2010 2:12pm
Quoting TheLastCoke
Rising wedge is a bearish pattern. Here #1697

Thank you. I am still learning and wanted some validation so that I would have that warm fuzzy feeling when I make my sell.
  • #268,944
  • Jul 8, 2010 2:14pm Jul 8, 2010 2:14pm
Quoting GulfCoastPip
Do you know what a rising wedge is?

I think I do. That is why I posted originally. I was looking for validation. I must have misunderstood your response.
  • #268,945
  • Jul 8, 2010 2:15pm Jul 8, 2010 2:15pm
Not sure how many of you use Firefox or use this extension, (FoxClocks) but I just downloaded it last night. I find it pretty cool and useful, also takes up no room since it resides in the status bar of your browser.

https://addons.mozilla.org/en-US/firefox/addon/1117/
  • #268,946
  • Jul 8, 2010 2:19pm Jul 8, 2010 2:19pm
The real stress test for all the traders not for banks eurozone,when the crazy going to end ? No game for today perhaps , see next day if its nerve broken!!

fontu
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #268,947
  • Jul 8, 2010 2:21pm Jul 8, 2010 2:21pm
Big surge in stocks in NYCity.
  • #268,948
  • Jul 8, 2010 2:22pm Jul 8, 2010 2:22pm
Quoting fontu
The real stress test for all the traders not for banks eurozone,when the crazy going to end ?

fontu
If we break 2720 2764 is next stop. I still have an open long aiming for that. In the worst case BE+1, may reenter again, depends upon the situation.

TBH, I like this craziness,makes me feel good
  • #268,949
  • Jul 8, 2010 2:23pm Jul 8, 2010 2:23pm
This will help me (very newbie) to understand / study when E/U (and may be other currency in the future) starts to rocks for the day. I had problems on figuring out the GMT etc to my home real time.

I think this link is cool, thanks again GulfCoastPip, very kind of u.

btw...im looking for an opportunity to go for LONG may be on 1.27 with targets 20 pips. Any comments

Quoting GulfCoastPip
Not sure how many of you use Firefox or use this extension, (FoxClocks).....

https://addons.mozilla.org/en-US/firefox/addon/1117/
  • #268,950
  • Jul 8, 2010 2:25pm Jul 8, 2010 2:25pm
still waiting for the wedge here although we already got one(weekly tf). i want this one. to 2746 or ? #267165
those who can, do. those who cant, talk about those who can
  • #268,951
  • Jul 8, 2010 2:25pm Jul 8, 2010 2:25pm
Here:

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  • #268,952
  • Edited 2:46pm Jul 8, 2010 2:31pm | Edited 2:46pm
Quoting T@rantula
If we break 2720 2764 is next stop. I still have an open long aiming for that. In the worst case BE+1, may reenter again, depends upon the situation.

TBH, I like this craziness,makes me feel good
True but breaking 1.2720 can be possible with a crazy spike but hold not without retracement perhaps , should back below the daily utl at 1.2707 to play for a strong bull pattern to break again for next tl weekly/monthly around 1.2753 to 1.2798.

Not seeing it so possible with craziness alone . but may easy for them with regular price action only . craziness will eventually turn into nervous breakdown & later fear followed by panic& may lost everything . will looking for it then as if volumes low ,that is bull under minimum prissure from bear still not breaking the daily tl , itself nervous now without confidence and so breakdown eventually to start , real fear set forth as once price coming down towards 1.2480 & full fledged panic attack after if it break down it .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #268,953
  • Jul 8, 2010 2:39pm Jul 8, 2010 2:39pm
pending sell order at 1.2705
ブードゥー教
  • #268,954
  • Jul 8, 2010 2:40pm Jul 8, 2010 2:40pm
I see a lot of people reacting to the market and its unpredictability.... One of the reasons I started learning about Forex is it seems to benefit from an uncertain market. Am I wrong about this.... Although I am perturbed about a lot of the changes w/ NFA as it regards to hedging in USA Forex accounts etc...

Overall, I enjoy hearing/watching new strategies. I am amazed how changes in markets bring out the genious in those who wish to remain free.
  • #268,955
  • Jul 8, 2010 2:46pm Jul 8, 2010 2:46pm
This could be fun....
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  • #268,956
  • Jul 8, 2010 2:59pm Jul 8, 2010 2:59pm
some more pips and there will be as much bears left as in the sahara desert.


U/C making a lower low too.
Follow the Trend, thats all
  • #268,957
  • Jul 8, 2010 3:01pm Jul 8, 2010 3:01pm
Quoting unlimited
I see a lot of people reacting to the market and its unpredictability.... One of the reasons I started learning about Forex is it seems to benefit from an uncertain market. Am I wrong about this.... Although I am perturbed about a lot of the changes w/ NFA as it regards to hedging in USA Forex accounts etc...

Overall, I enjoy hearing/watching new strategies. I am amazed how changes in markets bring out the genious in those who wish to remain free.
looks stable to me. its not the market usually, its me.
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those who can, do. those who cant, talk about those who can
  • #268,958
  • Jul 8, 2010 3:03pm Jul 8, 2010 3:03pm
This area holds some interest...ie, EU short setup. Will wait to see if this UC waterfall is done 1st....
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  • #268,959
  • Jul 8, 2010 3:05pm Jul 8, 2010 3:05pm
and here we go
ブードゥー教
  • #268,960
  • Jul 8, 2010 3:06pm Jul 8, 2010 3:06pm
Quoting sum_1
This area holds some interest...ie, EU short setup. Will wait to see if this UC waterfall is done 1st....
It's a dead meat, forget it..

I'll grab it below parity..

I'll try EU short around 1.2750 and see how it goes..
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