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  • #282,981
  • Aug 17, 2010 8:25pm Aug 17, 2010 8:25pm
Shorted a little below DP upon hard rejection. We'll see how it does with the tweezers. I got 2847, 2833, 2807, 2796, 2775, then clear to 2755. Would cover at 2755, and wait for test.
  • #282,982
  • Aug 17, 2010 8:25pm Aug 17, 2010 8:25pm
Morning all !!!
The best thing that can happen to you is to find out where you're wrong.
  • #282,983
  • Aug 17, 2010 8:25pm Aug 17, 2010 8:25pm
TL broken. Waiting to see last bull attempt from 2825-04 range. Otherwise 2600 near
You cannot learn better without losing
  • #282,984
  • Aug 17, 2010 8:28pm Aug 17, 2010 8:28pm
Quoting Driver55
Morning all !!!

driver how goes it?
  • #282,985
  • Aug 17, 2010 8:30pm Aug 17, 2010 8:30pm
The uptrend line has been broken on the hourly chart. I still feel like we should see some support around 1.2840 and push back up to challenge 1.30
  • #282,986
  • Aug 17, 2010 8:32pm Aug 17, 2010 8:32pm
Hey all. how goes it.

Gator.. what's the mofu zone?

I keep seeing you post that but never know what you mean by it.
  • #282,987
  • Aug 17, 2010 8:32pm Aug 17, 2010 8:32pm
Quoting mfoste1
driver how goes it?
Hi mfoste1,

for now .. all according to plan.

I'm long with an avg price at 1.2839

and frankly I'm still thinking of buying at this level

PS: USDCHF may have marked the max. for today
The best thing that can happen to you is to find out where you're wrong.
  • #282,988
  • Aug 17, 2010 8:38pm Aug 17, 2010 8:38pm
Quoting Driver55
Hi mfoste1,

for now .. all according to plan.

I'm long with an avg price at 1.2839

and frankly I'm still thinking of buying at this level

PS: USDCHF may have marked the max. for today

Target on your long? I am long from .2845 first target .2865 second target .2880
I don't trust any move - when you have profit...take it.
  • #282,989
  • Aug 17, 2010 8:41pm Aug 17, 2010 8:41pm
Quoting Faller
Target on your long? I am long from .2845 first target .2865 second target .2880
No no no... I'm long from last week...

1.2905 + 1.2773 = avg 1.2839..

my targets ... are much higher !!!!
The best thing that can happen to you is to find out where you're wrong.
  • #282,990
  • Aug 17, 2010 8:44pm Aug 17, 2010 8:44pm
equity futures are starting to trim gains from yesterday.......
  • #282,991
  • Aug 17, 2010 8:46pm Aug 17, 2010 8:46pm
Quoting Driver55
No no no... I'm long from last week...

1.2905 + 1.2773 = avg 1.2839..

my targets ... are much higher !!!!
Hi, i really admire your courage of holding your long last week and buying another lot this week. I hope you are that this trend will go up cause I'm also in a long position.

Good luck to all the bulls!
  • #282,992
  • Aug 17, 2010 8:54pm Aug 17, 2010 8:54pm
Quoting Barata
... The well fare and unemployment checks have been tightened ....
Here they have to fight for further U/E checks beyond the 1/2 year typical.

So I guess they told the U/E'd that is it ......... no more after 3 years, huh?

Postponing new bullet train - damn just when I wanted to go 200mph+ on rails. Some cutback. Next mid day break will only be 4 hours long. Where will it stop.

Oh wait I live in this country where we don't have to worry about the Germans and French ruling our souls.

  • #282,993
  • Aug 17, 2010 8:55pm Aug 17, 2010 8:55pm
I'm starting to think the bull run may be over. In looking at the TA for the last couple days, we have had a H&S and a double top. We have tested 1.290 5 times in the last 24 hr period. Another test really throws that bull trend out of whack. Another test of 1.29 and I think I will look or a short entry unless the news drives us a particular direction.
  • #282,994
  • Aug 17, 2010 8:57pm Aug 17, 2010 8:57pm
Cable's Daily TL is already wrecked. This is very bearish, but its also hitting OS/retrace levels. Selling pullback on Cable is an idea.
  • #282,995
  • Aug 17, 2010 8:59pm Aug 17, 2010 8:59pm
Quoting SNS, Inc
I'm starting to think the bull run may be over.....
I might be inclined to agree with you ....... soon.

But for every comment like yourself there is someone saying we have tested 1.2900 and held up ........... so that is bullish.

Who really knows ......... until.

  • #282,996
  • Aug 17, 2010 9:07pm Aug 17, 2010 9:07pm
Quoting SunTrader
I might be inclined to agree with you ....... soon.

But for every comment like yourself there is someone saying we have tested 1.2900 and held up ........... so that is bullish.

Who really knows ......... until.

Also looking at the daily chart from June low to now. We have also broken that TL. The SMA 89 is also starting to trend down. The weekly also has a broken TL. LOTS of neg. signs....
  • #282,997
  • Aug 17, 2010 9:07pm Aug 17, 2010 9:07pm
Quoting SNS, Inc
Hey all. how goes it.

Gator.. what's the mofu zone?

I keep seeing you post that but never know what you mean by it.
near a 50% mark. a pair with little strength may turn.. it may go through that area many times before choosing a longer term direction.
those who can, do. those who cant, talk about those who can
  • #282,998
  • Aug 17, 2010 9:08pm Aug 17, 2010 9:08pm
Quoting SunTrader
Here they have to fight for further U/E checks beyond the 1/2 year typical.

So I guess they told the U/E'd that is it ......... no more after 3 years, huh?

Postponing new bullet train - damn just when I wanted to go 200mph+ on rails. Some cutback. Next mid day break will only be 4 hours long. Where will it stop.

Oh wait I live in this country where we don't have to worry about the Germans and French ruling our souls.
I reckon you despise Austrian school of economics

Eck, and I was obliged to study Samuelson
Eitherway dear Sun, that may be a too edged statement, only time will tell if the policy the U.S have taken to "solve" this crysis did work.

To sum it all up, in the end, we're all in the same boat together.
Traders are smartasses
  • #282,999
  • Edited 9:22pm Aug 17, 2010 9:12pm | Edited 9:22pm
They also postponed the new Lisbon airport... Another lunatic mega project. The current airport is more than enough for the demand, but they said thad it would soon be insufficient to handle the traffic...

Of course they dismissed to build a smaller airport in the region like UK built Luton airport: Building a new one and demolishing the current would be more expensive, and it would "help" the economy and create so many jobs you know...

Thatīs why I would welcome more power o the UE...

I cannot find a source but it is well known and said here:

"Deep in Iberia there is a tribe that doesn't rule itself, nor allows anyone to rule it"

or

"There is in the edge of Iberia a nation which neither governs itself nor accept being governed by others" ... Gaius Julius Caesar
  • #283,000
  • Aug 17, 2010 9:20pm Aug 17, 2010 9:20pm
its just takes a little math.... tick tock. .858 then 0
those who can, do. those who cant, talk about those who can
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