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  • #308,801
  • Oct 18, 2010 11:10am Oct 18, 2010 11:10am
Quoting Popee83
C'mon man - I kindly requested you not to get jealous, find your own EBS dealer.

MB trading and Alpari green now.
fair play...
  • #308,802
  • Oct 18, 2010 11:10am Oct 18, 2010 11:10am
Quoting nawafasad1
lol one day i will
i think a.b.c correction was one that just finish near 1.383 today.

trend is up not down. so a/b/c comes as corrective.

just my 2c
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #308,803
  • Oct 18, 2010 11:10am Oct 18, 2010 11:10am
Quoting nawafasad1
lol one day i will
Great mate, just great. Kindly let me help out folks only for the week till Friday. From Monday, the thread is all yours.
"I am convinced that He (God) does not play dice." - Albert Einstein
  • #308,804
  • Oct 18, 2010 11:11am Oct 18, 2010 11:11am
Quoting pres78
Hourly close above weekly pivot.
Ya close above weekly, bad for my short. Well let the sl do his job. zzz
  • #308,805
  • Oct 18, 2010 11:12am Oct 18, 2010 11:12am
Quoting pres78
I guess NY was waiting for London to leave for the day to start one of their famous slow crawls to the top.
I hate those turtle rallies.
  • #308,806
  • Oct 18, 2010 11:12am Oct 18, 2010 11:12am
Quoting FibbinArchie
fair play...
Don't be scared of 1.4 ... nothing doing. Hold long
"I am convinced that He (God) does not play dice." - Albert Einstein
  • #308,807
  • Oct 18, 2010 11:14am Oct 18, 2010 11:14am
Quoting Popee83
Don't be scared of 1.4 ... nothing doing. Hold long
flat till tested,
  • #308,808
  • Oct 18, 2010 11:16am Oct 18, 2010 11:16am
Quoting nawafasad1
do i need one
Sure you will - you should now the life cycle of bucket shop traders. We know those trend-lines are BS. Markets are moved by economic fundamentals and not lousy trend lines. Fibs however, are a self fulfilling prophesy.

Just watch that re-test on your charts pierce through. I bet you wait for a failed re-test. Then you will need a chick dealer.
"I am convinced that He (God) does not play dice." - Albert Einstein
  • #308,809
  • Oct 18, 2010 11:18am Oct 18, 2010 11:18am
If longs can get past monthlyR1 at 1.3991 I am looking for 1.4010 followed by 1.4020 and 1.4036. A close above 1.4010 and I will load more longs with targets of 1.4084, 1.4115 and 1.4157. Will then wait to see what PA does when testing last weeks high.

If the uptrend remains intact I hopes to test for a new high and see these targets some time tommorow.
Today's zone = Tomorrow's opportunity!
  • #308,810
  • Oct 18, 2010 11:20am Oct 18, 2010 11:20am
Quoting Merry
I'm LONG toward 1.4120

( 88.66 % 0f 1.3831 _ 1.4157 trend )


And even MORE !





Attached Image (click to enlarge)
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  • #308,811
  • Oct 18, 2010 11:23am Oct 18, 2010 11:23am
Quoting DMA Trader
i think a.b.c correction was one that just finish near 1.383 today.

trend is up not down. so a/b/c comes as corrective.

just my 2c
Agreed, still think we going up...

got 115 from this move today and looking to highs to see what happens...
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@pawpaw1000 on Twitter
  • #308,812
  • Oct 18, 2010 11:24am Oct 18, 2010 11:24am
Quoting pres78
If longs can get past monthlyR1 at 1.3991 I am looking for 1.4010 followed by 1.4020 and 1.4036. A close above 1.4010 and I will load more longs with targets of 1.4084, 1.4115 and 1.4157. Will then wait to see what PA does when testing last weeks high.

If the uptrend remains intact I hopes to test for a new high and see these targets some time tommorow.
Also watch for a possible bounce and retrace before breaking through at 1.4010 as it is the 61.8fib of last week.
Today's zone = Tomorrow's opportunity!
  • #308,813
  • Oct 18, 2010 11:25am Oct 18, 2010 11:25am
ew interpreted to fit two opposing, yet viable scenarios...
  • #308,814
  • Oct 18, 2010 11:26am Oct 18, 2010 11:26am
Quoting pawpaw1000
Agreed, still think we going up...

got 115 from this move today and looking to highs to see what happens...
it hit my correction target by a few pips 30 if i can remember.
just like the last one. a little bit bigger.

now if we get to fast near 1.4 we might have some problems.
we might see a retreat so we can accumulate more bulls and break 1.4

thanks
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #308,815
  • Oct 18, 2010 11:29am Oct 18, 2010 11:29am
1.3978 to 1.3991 zone will take some effort to break though IMHO. But who know with these slow moving NY bulls quitely making new highs.
Today's zone = Tomorrow's opportunity!
  • #308,816
  • Oct 18, 2010 11:29am Oct 18, 2010 11:29am
Quoting fontu
usdx still ranging ther to facilitae eu up perhaps to the levels and still hope not break & hold so soon though bear pulling more down strong .lets see
anyway started short eu .
fontu
40 min to 100min to start short to work perhaps , seeing not yet ready from usdx chart & can go above 50% fib 3995 , above 4000 ( 4034 ) by this time though taken scalping short.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #308,817
  • Oct 18, 2010 11:33am Oct 18, 2010 11:33am
Quoting FibbinArchie
flat till tested,

I'm flat also, I didn't have much time to trade today so I just scalped a few moves. I missed the good price levels to get in on eu.
  • #308,818
  • Oct 18, 2010 11:33am Oct 18, 2010 11:33am
If we pass 95... could be strong up
  • #308,819
  • Oct 18, 2010 11:34am Oct 18, 2010 11:34am
Nasty price action today. Think Asia will push it to the upside.
  • #308,820
  • Oct 18, 2010 11:34am Oct 18, 2010 11:34am
Looks like a H&S pattern maybe formed on the USDx 10min charts which startesd yesterday at 77.20. A break of this level could open the doors to another test of 76.40 in the near furture.
Today's zone = Tomorrow's opportunity!
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