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  • #269,381
  • Jul 9, 2010 7:52am Jul 9, 2010 7:52am
Quoting gatorinla
no clear winner. bears and bulls still fighting. the bigger bull atm has the ball. we normaly go back above 2627 with a bounce then lower for bear power.
I know anything can happen, but do you think we could actually see above 2700 after that drop cut through so cleanly all the lines? (even my trend lines were either broken rapidly or walked briefly..)
  • #269,382
  • Jul 9, 2010 7:55am Jul 9, 2010 7:55am
Now my so called deep pockets are even filled more, deeper and deeper, I like that upwards candle in that sequence of downwardness
  • #269,383
  • Jul 9, 2010 7:56am Jul 9, 2010 7:56am
Quoting Liberteh
Now my so called deep pockets are even filled more, deeper and deeper, I like that upwards candle in that sequence of downwardness
what tf are you watching, 1min?
  • #269,384
  • Jul 9, 2010 7:57am Jul 9, 2010 7:57am
http://www.forexfactory.com/showthread.php?t=76597

You might like this thread also. Andrew's Pitchforks are great tools.

Quoting Orbital
I REALLY REALLY REALLY, dont wanna boast here but once again Pitchforks have made my day by placing me into an awesome trade

http://img541.imageshack.us/img541/3293/fflol.th.jpg

Yellow line is my entry at 26947, the rational for the trade can be see clearly, the trigger line from my green fork was tested 2 times but no close above (which would have signaled a long entry), so i placed a short after a previous swing high was punctured.

Short is at 80 pips profit right now, im...
  • #269,385
  • Jul 9, 2010 7:58am Jul 9, 2010 7:58am
M15
  • #269,386
  • Jul 9, 2010 8:01am Jul 9, 2010 8:01am
Went long at 1.2621
  • #269,387
  • Jul 9, 2010 8:02am Jul 9, 2010 8:02am
bear path. target plus slip and bounce. sos
we capitulated past #1. i dont know how far we go back. free fall has no rules.
Attached Image
those who can, do. those who cant, talk about those who can
  • #269,388
  • Jul 9, 2010 8:03am Jul 9, 2010 8:03am
Quoting fr600
Went long at 1.2621
why?
  • #269,389
  • Jul 9, 2010 8:03am Jul 9, 2010 8:03am
decline was too sharp, to easy to trade, my opinion, some filling their pockets especially on Eur/Usd.
This is what i call "stupid" selling but who knows, may be they want to quit and go on weekend, thanks for the bucks...

Jack
  • #269,390
  • Jul 9, 2010 8:04am Jul 9, 2010 8:04am
Now bull has a big chance to go up because 1H RSI about to fire up and MACD signal near zero.
Bull can renew the power
You cannot learn better without losing
  • #269,391
  • Jul 9, 2010 8:05am Jul 9, 2010 8:05am
Quoting elio
I know anything can happen, but do you think we could actually see above 2700 after that drop cut through so cleanly all the lines? (even my trend lines were either broken rapidly or walked briefly..)
free fall has no rules. but it did take the time to respect the little bear levels.
those who can, do. those who cant, talk about those who can
  • #269,392
  • Jul 9, 2010 8:05am Jul 9, 2010 8:05am
Yes, I have the same feeling
  • #269,393
  • Jul 9, 2010 8:06am Jul 9, 2010 8:06am
caught my entries last night exactly to the pip.....looking for this as a target today, then lower. A lot is telling me that 2722 was the top.........
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  • #269,394
  • Jul 9, 2010 8:07am Jul 9, 2010 8:07am
usdx is lagging after eurusd, but rising.
  • #269,395
  • Jul 9, 2010 8:07am Jul 9, 2010 8:07am
Quoting uraceulose
alright, alarms are set. I'm going to get some shut eye for a few hours..got a few shorts open, along with an au long, uj long and usd chf long

...this is what I'm waiting 4 on G/J

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still holding
  • #269,396
  • Jul 9, 2010 8:08am Jul 9, 2010 8:08am
or resting, eating berries and preparing for the next round?
sasa

Quoting Liberteh
looks like bears are quitting, volume drops, RSI is at 5 @ H1 and 0 @ M15.
  • #269,397
  • Jul 9, 2010 8:08am Jul 9, 2010 8:08am
Quoting gatorinla
free fall has no rules. but it did take the time to respect the little bear levels.
My curiosity was that it did, if ever so briefly...
  • #269,398
  • Jul 9, 2010 8:10am Jul 9, 2010 8:10am
true, I'm gonna wait this one out for sure till I have a clear signal
  • #269,399
  • Jul 9, 2010 8:10am Jul 9, 2010 8:10am
Quoting T.E.Lawrence
why?
Expecting a reversal on M30 at EMA200.
  • #269,400
  • Jul 9, 2010 8:10am Jul 9, 2010 8:10am
common, guys let it rise...
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