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  • #272,981
  • Jul 19, 2010 2:27pm Jul 19, 2010 2:27pm
Quoting fontu
Like to see bull failure at 1.2981 .
fontu

next picture is a random line artworks for sure .if 1.2965 can stop up? may be possible !!


wedge within a wedge? looks like it might break to the downside......or a fakeout to the downside of the inside wedge, then bounce back to 2973? this pa sucks.....
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  • #272,982
  • Jul 19, 2010 2:27pm Jul 19, 2010 2:27pm
Quoting Nene
For all those wanting to know about that Sucker Bar trade well, here is another one and a 4 hr one to boot. Last one went 220 pips and I ended up getting about 195. Here it is below and since I am in short early I may add to this when it breaks.

Jim

I dont normally do this but pls try to hear me out my fellow trader if you dont mind. What you know about IB and Fibo 50% and 618% retracement level etc is only scratching the surface level of Forex TA efficiency ratio. Since you have arrive in this efficiency level, try to use your eyes and brain more than your mouth and do not let your head get too big or you will fall into the same all too familiar death trap of most aspiring sucessful trader just becos they THOUGHT they GOT it. Remember that one of the greatest attribute a good trader have is not his successful skill level but a sense of geat HUMILITY for he knows fully well that the market can bite you back badly if his head swirl in the cloud all the times.

Like I said, I have never done this before and count yourself unlucky
(or lucky) that I have to pick on you AND if you so choose to think I am spewing BS, ignore what I have just wrote and put me on permanent ignore as I would......

Good luck, cheers and may the green pippies always be with you......
  • #272,983
  • Jul 19, 2010 2:35pm Jul 19, 2010 2:35pm
Oooh!

Fun! I got enough popcorn for everyone.

https://gblog.garlandisd.net/users/j...ages/e039f.jpg
Not all sins are created equal
  • #272,984
  • Jul 19, 2010 2:40pm Jul 19, 2010 2:40pm
See, you got it. Just remember that this is a counter trade and long term is UP. Daily Pivot is 2941 and that is the key level now the underside of the UTL has been tested and is seeming to hold.

Quoting wannaberich
trying to close the 1h below that line...

thanks for showing it. i already had it deleted since we broke it. it seems we didn't!

if it does close above it i will close the shorts i have opened for a couple of pips.

hapipipin
  • #272,985
  • Jul 19, 2010 2:42pm Jul 19, 2010 2:42pm
Just remember, 1 hr is guiding us here and that is a small time frame to me. I want to see the 4 hr take over.

Quoting Nene
See, you got it. Just remember that this is a counter trade and long term is UP. Daily Pivot is 2941 and that is the key level now the underside of the UTL has been tested and is seeming to hold.
  • #272,986
  • Jul 19, 2010 2:46pm Jul 19, 2010 2:46pm
Quoting Jay Walker
Oooh!

Fun! I got enough popcorn for everyone.

https://gblog.garlandisd.net/users/j...ages/e039f.jpg
Cheers Jay!

Missed the LONG train runnin' from 1.2876 in the morning, but now I'm in SHORT from 1.2980... I think the bad news must have some impression to the market...

Maybe I should put my SL @ BE and close the f*ck!ng program for today...
  • #272,987
  • Jul 19, 2010 2:47pm Jul 19, 2010 2:47pm
Yea, were good ole buddy. I appreciate your concern but I been around this block for yearssssssss. Seems like forever...LOL

Thanks for caring though.
Jim

Quoting 99vt66
I dont normally do this but pls try to hear me out my fellow trader if you dont mind. What you know about IB and Fibo 50% and 618% retracement level etc is only scratching the surface level of Forex TA efficiency ratio. Since you have arrive in this efficiency level, try to use your eyes and brain more than your mouth and do not let your head get too big or you will fall into the same all too familiar death trap of most aspiring sucessful trader just becos they THOUGHT they GOT it. Remember that one of the greatest attribute a good trader have...
  • #272,988
  • Jul 19, 2010 2:56pm Jul 19, 2010 2:56pm
That popcorn is giving me slippppppppery fingers so I can't add my 2 cents.

Good thing.
  • #272,989
  • Jul 19, 2010 3:00pm Jul 19, 2010 3:00pm
Quoting mfoste1
wedge within a wedge? looks like it might break to the downside......or a fakeout to the downside of the inside wedge, then bounce back to 2973? this pa sucks.....
Yeah this pa sucks only , pa h1 tf showing buy signal while staggering down & M30 in sell signal staggering up !! while H4ft buy setup wanted more down before buy & daily,weekly in bull rally . Overall bull getting next without much retracements perhaps .

anyway will see next day which direction it wants go.

fontu
Attached Images
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #272,990
  • Jul 19, 2010 3:25pm Jul 19, 2010 3:25pm
swissy hit its 1st upside target....and I don't think its quite done yet...
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  • #272,991
  • Jul 19, 2010 3:36pm Jul 19, 2010 3:36pm
morning all
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #272,992
  • Jul 19, 2010 3:39pm Jul 19, 2010 3:39pm
Quoting DMA Trader
morning all
Hi DMA
Not all sins are created equal
  • #272,993
  • Jul 19, 2010 3:44pm Jul 19, 2010 3:44pm
Quoting DMA Trader
morning all

morning.....you must be in australia? ....or somewhere in that longitude...
  • #272,994
  • Jul 19, 2010 3:55pm Jul 19, 2010 3:55pm
Hello, boys!
We are waiting for the stress test in Europe on July 23. And we'll see. We get up higher and higher?
  • #272,995
  • Jul 19, 2010 3:57pm Jul 19, 2010 3:57pm
Hi Lily
Not all sins are created equal
  • #272,996
  • Jul 19, 2010 3:59pm Jul 19, 2010 3:59pm
Quoting Lily Pink
Hello, boys!
We are waiting for the stress test in Europe on July 23. And we'll see. We get up higher and higher?
lotta variables in this equation......anything can happen
  • #272,997
  • Jul 19, 2010 4:06pm Jul 19, 2010 4:06pm
I don't think people are going to buy the stress test crap. There is a huge difference in the way the US and the way Europe is conducting the test. Apparently they have a much different understanding of the word "stress" than US does.
  • #272,998
  • Jul 19, 2010 4:13pm Jul 19, 2010 4:13pm
Any sentiment on where we are heading... I can't make heads or tails out of this price action...

Short term trend says down (including lower highs and a consistent support level)... however, that very same support level is rather strong.
  • #272,999
  • Jul 19, 2010 4:14pm Jul 19, 2010 4:14pm
Surviving the stretch test...

It's still not pretty.

Attached Image
FUBAR...
  • #273,000
  • Jul 19, 2010 4:25pm Jul 19, 2010 4:25pm
Quoting ak4x
Surviving the stretch test...

It's still not pretty.

Attachment
Hey Ak, what's the scoop with your broker now?

Shopping for one?
Not all sins are created equal
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