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  • #307,601
  • Oct 15, 2010 8:04am Oct 15, 2010 8:04am
nasty 4 hr candle may be in for a bigger correction?
  • #307,602
  • Oct 15, 2010 8:04am Oct 15, 2010 8:04am
Quoting mfoste1
lol these guys are idiots.......bb has been saying the same ol shit low rates blah blah blah for MONTHS now, and nothing is changed. They WILL NOT implement qe at next meeting. What is going to change the economy in two weeks?

markets may range till then
Midterm elections. I mean political maneuvering before the elections.
  • #307,603
  • Oct 15, 2010 8:05am Oct 15, 2010 8:05am
Just out of interest, Gator you often start a post with "L". What is this? Is it Loser?
Trade the price action, not the cash!!!
  • #307,604
  • Oct 15, 2010 8:05am Oct 15, 2010 8:05am
discard my last count - it is something else - be back in a few minutes with new count
  • #307,605
  • Oct 15, 2010 8:06am Oct 15, 2010 8:06am
I, for sure, won't short this pin bar. New hourly high but no new hourly low or low close.
It might bounce back up to 1,4200 if NY is healthy

Let's wait for them, risky to trade right now
COT: The precious data ignored
  • #307,606
  • Oct 15, 2010 8:06am Oct 15, 2010 8:06am
Let's see Daily and Weekly Close.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #307,607
  • Oct 15, 2010 8:06am Oct 15, 2010 8:06am
Quoting zaphy
Midterm elections.


all the same.........no qe this year.
  • #307,608
  • Oct 15, 2010 8:07am Oct 15, 2010 8:07am
Quoting swing 123

U.S.: The breakdown of the empire manufacturing report showed that the number of employees jumped to 21.67 in October from 14.93



could this mean reversal soon?

reversal is spotted thru technicals after much stronger fundamentals such as NFP, unemployment claims, stress tests and ofcourse FED statements and rates change
  • #307,609
  • Oct 15, 2010 8:07am Oct 15, 2010 8:07am
Quoting moonchild
It would seem that the bulls had an excellent opportunity with a news release which shot the pair up but even then could not maintain over 4100.

Waiting for the dust to settle but I am thinking that I will probably be looking for a short entry.
Whether you were bull or bear with such volatility i feel you would be lucky if your exit or entry orders were respected .

Bit like a market crash even stops get blown through without triggering
And orders dont get picked up you just have sit there an watch it happen.

For such a high move now to become such alow move there must be some serious difference of opinions with the big dogs
making green pips large and red pips small this is my goal.
  • #307,610
  • Oct 15, 2010 8:09am Oct 15, 2010 8:09am
price may go up after us open......
  • #307,611
  • Oct 15, 2010 8:09am Oct 15, 2010 8:09am
Quoting gatorinla
*L* read old post. it may not be the top..but im there.
hit close aud target but i did not trade it.
those who can, do. those who cant, talk about those who can
  • #307,612
  • Oct 15, 2010 8:10am Oct 15, 2010 8:10am
Quoting DMA Trader
i've listen the speech live

i didn't remember any mention of Q.E.
not even a word
  • #307,613
  • Oct 15, 2010 8:10am Oct 15, 2010 8:10am
oh, just oh... f'ing wow... did oanda chart just freeze up for anybody? this is complete and utter bullshit now...
  • #307,614
  • Oct 15, 2010 8:10am Oct 15, 2010 8:10am
Quoting infinitus
discard my last count - it is something else - be back in a few minutes with new count
Wave 5 of 5 of 5 of 5 may have concluded.

Who is not short already should wait for bounce in wave 2
  • #307,615
  • Oct 15, 2010 8:11am Oct 15, 2010 8:11am
Quoting DMA Trader
Let's see Daily and Weekly Close.
How about the news at 9 55 we should embrace for another chaos...When would it be a good time to get back in ??
  • #307,616
  • Oct 15, 2010 8:11am Oct 15, 2010 8:11am
Quoting DMA Trader
Let's see Daily and Weekly Close.
agree
  • #307,617
  • Oct 15, 2010 8:11am Oct 15, 2010 8:11am
Quoting JuliusCeasar
Short 1.4110

Removed stop before bb opened his mouth

risky but in the money now, big boys had to get their price
Mind over matter..I don't mind and you don't matter.
  • #307,618
  • Oct 15, 2010 8:12am Oct 15, 2010 8:12am
Quoting Awesome
oh, just oh... f'ing wow... did oanda chart just freeze up for anybody? this is complete and utter bullshit now...
Have you checked your machine's load?
  • #307,619
  • Oct 15, 2010 8:12am Oct 15, 2010 8:12am
Quoting gatorinla
hit close aud target but i did not trade it.

same here i had 1005 as target....hit it to the pip but i didnt take it
  • #307,620
  • Oct 15, 2010 8:13am Oct 15, 2010 8:13am
Quoting gatorinla
i got a position short at 4153.. i doubt it holds but im at be now. gu at 6092.5 at be also

Nice one. Sometimes our #s are matching very well. Your confirmation gives me a even more confident entry. #306823
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