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  • #272,481
  • Jul 16, 2010 12:43pm Jul 16, 2010 12:43pm
http://cdn.forexfactory.com/attachme...9&d=1279210180

I like this
  • #272,482
  • Jul 16, 2010 12:47pm Jul 16, 2010 12:47pm
what happened now? in the last 15 min the nasdaq surged a half procent for falling more than a half procent.

someone has a news?
Pecunia non olet
  • #272,483
  • Jul 16, 2010 12:57pm Jul 16, 2010 12:57pm
not so good atm
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those who can, do. those who cant, talk about those who can
  • #272,484
  • Jul 16, 2010 12:58pm Jul 16, 2010 12:58pm
Nasdaq is down 2.5% (percent).

Main culprit:

Google (GOOG 468.69, -25.33) became the first major name to miss Wall Street s consensus earnings estimate. The stock is on track for its first loss in eight sessions and its worst single-session loss since April.
  • #272,485
  • Edited 1:21pm Jul 16, 2010 1:02pm | Edited 1:21pm
Expecting eu start the bull , to 1.2953 to 85 to decide up or pullback again to base 1.2921 , suspecious if as possible hs M30tf otherwise try break 1.3005 & up .

One important note , just check tdsc , H4 tf sell set up perfection & H1 tf buy signal confirmed by this time & in both point to further down , next good support 1.2736/14.

fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #272,486
  • Jul 16, 2010 1:08pm Jul 16, 2010 1:08pm
Originally Posted by Radik
May be you are right, but please do not forget THE FIRST RULE: have your STOP LOSS! (btw, i am expecting to see 1.3-ish)

Quoting A-lonetrader
To see 1.3-ish ----> maybe after the months that ending with 'er' begins...
It is only 2 weeks later... And we did hit 1.30 making me 475 pips on one order and over 200 pips on another.
  • #272,487
  • Jul 16, 2010 1:16pm Jul 16, 2010 1:16pm
Something stinks to high heaven here. The market showing its ass on Friday afternoon.....I dont think so. I would be wary.

Quoting fontu
Expecting eu start the bull , to 1.2953 to 85 to decide up or pullback again to base 1.2921 , suspecious if as possible hs M30tf otherwise try break 1.3005 & up .

One important not , just check tdsc , H4 tf sell set up perfection & H1 tf buy signal confirmed by this time & in both point to further down , next good support 1.2736/14.

fontu
  • #272,488
  • Jul 16, 2010 1:29pm Jul 16, 2010 1:29pm
Those who favor shorts, shorts, shorts ....

For me this is another buy opportunity bouncing off green line ... sl below green TL.
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Discipline + Patience - Fear - Greed = Success
  • #272,489
  • Jul 16, 2010 1:30pm Jul 16, 2010 1:30pm
and am making going up now. one to close at 79 and another to let roll at be.



Quoting arezab
Those who favor shorts, shorts, shorts ....

For me this is another buy opportunity bouncing off green line ... sl below green TL.
dreams do come true.
  • #272,490
  • Jul 16, 2010 1:37pm Jul 16, 2010 1:37pm
Ok too close to market close, so I'm out for the weekend, have a good one all.
I operate with clear definite rules, if I break them I lose BIG!
  • #272,491
  • Jul 16, 2010 1:46pm Jul 16, 2010 1:46pm
Quoting Nene
If your rule is no to trade on Friday then its a good rule, however, you will miss some nice selloffs.

Jim
OK, but the other side of that coin is...

Quoting Bemac
"A Trade I Missed never cost me Equity."
BMc truism
FUBAR...
  • #272,492
  • Jul 16, 2010 2:16pm Jul 16, 2010 2:16pm
Fridays can be profitable. It's just that the trend starts earlier than other days. For those of you who trade in the North American timezones, the trend usually start at around 6 or 7 am, I find.
Make your losses in demo. Earn your profits live.
  • #272,493
  • Jul 16, 2010 2:27pm Jul 16, 2010 2:27pm
Loowa loowa loowahhhhhh.
  • #272,494
  • Jul 16, 2010 2:36pm Jul 16, 2010 2:36pm
Quoting gatorinla
not playing this.. still waiting for 2968.7 plus some slip on jw chart. if this is the case left shoulder atm? just kidding. im a scalper till bank stress test. looking for clues after test. a trip down to dpp would do this. there is a tl there also. probably will go north if we retrace to 2970. then north again. ill be on the side of tl the candle is on.

edit, if pa doesn't change 3281
unlikely, but possible
those who can, do. those who cant, talk about those who can
  • #272,495
  • Jul 16, 2010 2:49pm Jul 16, 2010 2:49pm
Quoting gatorinla
for the candle gurus out there.. the last 2 closed 4hr candles. the tops are off some. but is it close enough to be considered bearish?
Gat;

swissy is pointing for the eu to drop,

just my 2c worth
  • #272,496
  • Jul 16, 2010 2:51pm Jul 16, 2010 2:51pm
If I was Paul the Octopus Forex Psychic I would probably predict that E/U will go sideways along 1.3 resistance till the bank stress tests come in next week.
  • #272,497
  • Jul 16, 2010 2:52pm Jul 16, 2010 2:52pm
for those who don't have an 8h view
Attached Image
those who can, do. those who cant, talk about those who can
  • #272,498
  • Jul 16, 2010 2:57pm Jul 16, 2010 2:57pm
nice, thx man..and have a good weekend G
  • #272,499
  • Jul 16, 2010 2:57pm Jul 16, 2010 2:57pm
further down?
dreams do come true.
  • #272,500
  • Jul 16, 2010 2:58pm Jul 16, 2010 2:58pm
Quoting gatorinla
for those who don't have an 8h view
I cashed some of my longs at 3000. I'm flat on new entries until I see something convincing....
3,639 traders viewing now, 1 is registered:
Gecco8