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  • #321,261
  • Nov 8, 2010 10:15am Nov 8, 2010 10:15am
shorts ares till play imo...sp 500 still in a downtrend. eu should follow risk adverse!
  • #321,262
  • Nov 8, 2010 10:16am Nov 8, 2010 10:16am
Quoting paul1
add short below 1.3900
out
looks like 1.3900 has a big buy order or something sellers trying very hard tho
making green pips large and red pips small this is my goal.
  • #321,263
  • Nov 8, 2010 10:17am Nov 8, 2010 10:17am
Quoting paul1
out
looks like 1.3900 has a big buy order or something sellers trying very hard tho
try short if break 90/80
making green pips large and red pips small this is my goal.
  • #321,264
  • Nov 8, 2010 10:21am Nov 8, 2010 10:21am
dont know what you are talking about. Market is going down end of story. Otherwise you are confusing readers.



Quoting paul1
out
looks like 1.3900 has a big buy order or something sellers trying very hard tho
  • #321,265
  • Nov 8, 2010 10:22am Nov 8, 2010 10:22am
maybe we will get a nice bounce here so we can sell it late afternoon.

stan
  • #321,266
  • Nov 8, 2010 10:24am Nov 8, 2010 10:24am
Quoting DrLobo
dont know what you are talking about. Market is going down end of story. Otherwise you are confusing readers.
someone is buying .3900.

stops and options below i'm guessing.

i'll wait and sell the retrace.

stan
  • #321,267
  • Nov 8, 2010 10:25am Nov 8, 2010 10:25am
now short target is 54. i will close my short at 67 and long at 63.

let's see if plan is met.

hapipipin
dreams do come true.
  • #321,268
  • Nov 8, 2010 10:25am Nov 8, 2010 10:25am
Quoting DrLobo
dont know what you are talking about. Market is going down end of story. Otherwise you are confusing readers.

Dear Doctor !

The Problem is this , that they want to sell it from higher point ,

perhaps 920 - 925

then

down

down

down
  • #321,269
  • Nov 8, 2010 10:26am Nov 8, 2010 10:26am
Inserted Video
  • #321,270
  • Nov 8, 2010 10:27am Nov 8, 2010 10:27am
Quoting DrLobo
dont know what you are talking about. Market is going down end of story. Otherwise you are confusing readers.

The first attempt to get a good close below 39 failed, 1600 fixing could not get it below 39 and now we have the third failed attempt. So market may be going down, however no need to go shorting every and each attempt at a breach, just wait for the close below and ride the easy money.

3916 holding will only help, just bide your time.
  • #321,271
  • Nov 8, 2010 10:29am Nov 8, 2010 10:29am
Quoting Merry
Dear Doctor !

The Problem is this , that they want to sell it from higher point ,

perhaps 920 - 925

then

down

down

down
I was just saying out for now get in higher
making green pips large and red pips small this is my goal.
  • #321,272
  • Nov 8, 2010 10:30am Nov 8, 2010 10:30am
Quoting bbakker
Don't tell me Stan, this is you -
http://en.wikipedia.org/wiki/Stanley_Druckenmiller

So you state -



Yet the banks/hedge funds come to you for sell-side and buy-side recommendations (which one is it Stan) because they have the greatest traders. So why are you on here then Stan, wasting your precious time?

That my friend, I find hard to believe. As usual, it is flowing in here today...

I am out of here!
notice i qualified the kind of banks.

i did say investment banks.

there's quite a difference.

either way... now's a great time to plug the movie:

inside job... it's a must see.

you'll hate investment banks when you walk out also.

stan
  • #321,273
  • Nov 8, 2010 10:30am Nov 8, 2010 10:30am
certainly appears to be a lot of buying off the monthly pivot and 61 fib(5147-1875).....
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  • #321,274
  • Nov 8, 2010 10:32am Nov 8, 2010 10:32am
Well a good day for sardines all told, see if asia can find some direction later...
  • #321,275
  • Nov 8, 2010 10:32am Nov 8, 2010 10:32am
Quoting mfoste1
certainly appears to be a lot of buying off the monthly pivot and 61 fib(5147-1875).....
Agree, it's been congested around Monthly pivot all day...
  • #321,276
  • Nov 8, 2010 10:33am Nov 8, 2010 10:33am
Can anyone tell me why we are considering to sell?

The FED QE2 will only increase the inflation of USD, so EU will be stronger, right?

I consider the current downtrend as market correction.

And why not we are considering 1.3887 a dip for EU? Do you guys think we can reach 1.42 this week again?

And 1.3887 is acting strong support, eu retest it for 3 times already but failed to break.
In forex, one currency is always up!
  • #321,277
  • Nov 8, 2010 10:33am Nov 8, 2010 10:33am
gold is in big up run
ROBOT FOREX
  • #321,278
  • Nov 8, 2010 10:34am Nov 8, 2010 10:34am
Quoting FibbinArchie
Well a good day for sardines all told, see if asia can find some direction later...
switch to a different timeframe, there you already can detect a direction, if you look closely.
  • #321,279
  • Nov 8, 2010 10:37am Nov 8, 2010 10:37am
Quoting kidspips
Can anyone tell me why we are considering to sell?

The FED QE2 will only increase the inflation of USD, so EU will be stronger, right?

I consider the current downtrend as market correction.

And why not we are considering 1.3887 a dip for EU? Do you guys think we can reach 1.42 this week again?

And 1.3887 is acting strong support, eu retest it for 3 times already but failed to break.
no point in prediction buddy.

go with the flow till market instructs otherwise news is misleading .
price is incapable of lying but can deceive.
making green pips large and red pips small this is my goal.
  • #321,280
  • Nov 8, 2010 10:37am Nov 8, 2010 10:37am
Quoting Mr Hatch
switch to a different timeframe, there you already can detect a direction, if you look closely.
That's very true Hatch, although I really wouldn't be surprised to see it putting in a meaningful retrace.

Trade well all, later...
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