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  • #322,861
  • Nov 10, 2010 3:22am Nov 10, 2010 3:22am
Quoting T@rantula
While I have made 25 pips u are flaming. I am not ur teacher.

And because of ur attitude, I WILL never answer any of your questions. U should learn some respect first.
you got my message ? or you dont see it ? sry for disturbing
  • #322,862
  • Nov 10, 2010 3:22am Nov 10, 2010 3:22am
Still looking pretty OK for longs. Sellers are subsiding. Down move to previously established channel expected, and a visit to today's open of 1.37778 as well.
Attached Image (click to enlarge)
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  • #322,863
  • Nov 10, 2010 3:24am Nov 10, 2010 3:24am
Given the size and extend of QE and the levels of the stock market (full recovery from financial crisis) sure you are not the only one who ask wtf this has to do with job creation. Yes, I agree, something else behind those numbers and banks is not a bad option.

In any case, interesting discussion but as you said let see how yesterday late selloff settle down in charts before the US markets open.

sisse

Quoting DMA Trader
We are in the same page.
my only doubt is why QE. i don't buy into unemployment and jobs. Q.E1 didn't go that way. TARP didn't go that way.

So why QE. buying bad assets again ? why

Here is the chart. KBE- Banking Index
weekly. it had a very good week on QE news -600B
http://elite.finviz.com/publish/111010/KBEc0wl0359.png

What are banks hiding again ? Is that why we need QE 2 ?
We'll see. this chart is very important. Europe same story Deutsche bank can't get any rally....
Pending conversations? PM for a chat...I am mainly in OTM now
  • #322,864
  • Nov 10, 2010 3:25am Nov 10, 2010 3:25am
Quoting T@rantula
While I have made 25 pips u are flaming. I am not ur teacher.

And because of ur attitude, I WILL never answer any of your questions. U should learn some respect first.
Children will be children that is why the good traders stay away
Attached Image (click to enlarge)
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  • #322,865
  • Nov 10, 2010 3:26am Nov 10, 2010 3:26am
Quoting kocurko
you got my message ? or you dont see it ? sry for disturbing
Sorry I have send u a private message. Give me ur email pls.
  • #322,866
  • Nov 10, 2010 3:28am Nov 10, 2010 3:28am
Quoting paul1
Sometimes these statement do make me laugh .
That red line told you that 1.3818 was going to get sold ?

I might be relatively new but come on thats a bit much .

"its all in the charts ", To a point i agree .

But I certainly dont believe you were waiting for a bounce off that line.

I may be wrong but It really seems far fetch and after the fact.
In all fairness, the high was 1.38248, so 1.3818 is a reasonable entry once a reversal is confirmed. And, I think Malcolm & I mentioned a 1.382 ceiling previously (and I marked it with a blue inverted triangle on my charts), plus the downtrend line is on my chart too.
  • #322,867
  • Nov 10, 2010 3:29am Nov 10, 2010 3:29am
Quoting Allseeingeye
Children will be children that is why the good traders stay away
yea and i dont want to feed the trolls. thanks.
  • #322,868
  • Nov 10, 2010 3:31am Nov 10, 2010 3:31am
Quoting Beljevina
Still looking pretty OK for longs. Sellers are subsiding. Down move to previously established channel expected, and a visit to today's open of 1.37778 as well.
agree, but would prefer to see some more confluence for an entry, 50% fr of the little up swing is 780 and I have the channel line around 772 (will move up to 80 in next half hour to hour)
  • #322,869
  • Nov 10, 2010 3:31am Nov 10, 2010 3:31am
Quoting T@rantula
yea and i dont want to feed the trolls. thanks.
ok find it...i sent email adress to you by PM
  • #322,870
  • Nov 10, 2010 3:32am Nov 10, 2010 3:32am
Quoting paul1
"its all in the charts ", To a point i agree .
You should. Check your charts again. There is confluence of several trend lines, fibo levels and candle stick pattern here. Although I didn't see everything at first (remember I'm a noob) and entered late, exited early, it's obvious there was 90% chances for a bounce in this area.

You should learn to improve your skills before flaming people willing to share their knowledge.
Don't just be a sheep : make your own idea of it.
  • #322,871
  • Nov 10, 2010 3:33am Nov 10, 2010 3:33am
weak range until bond auction time. Tired of scalping 3-pip winners. Gonna watch South Park for a bit.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #322,872
  • Nov 10, 2010 3:36am Nov 10, 2010 3:36am
Quoting T@rantula
While I have made 25 pips u are flaming. I am not ur teacher.

And because of ur attitude, I WILL never answer any of your questions. U should learn some respect first.
I dont mean to offend but your chart do you believe yourself honestly that the red line is drawn correctly .
Anyone care to comment .

check munals chart tarantula thats all i am saying .

you seem to have drawn a line after the fact and then stated anyone should see that your level was valid sell.
"its all in the chart"

I just feel a bit offended by that statement .
Also i hate to see people being mislead into thinking there missing something obvious.
And find it highly misleading .

If you dont accept my view as its 100% honest just compare your chart to munals that he posted .
If you had drawn your line correctly i would fully accept your statement.

Its plain to see even to us newbies

The evidence has been posted I dont need to prove anything now.

But good pips to you but maybe a little less arrogance .
making green pips large and red pips small this is my goal.
  • #322,873
  • Nov 10, 2010 3:37am Nov 10, 2010 3:37am
sticking to shorts
  • #322,874
  • Nov 10, 2010 3:40am Nov 10, 2010 3:40am
Quoting Mr Hatch
sticking to shorts
sticking to vodka...
Look Sharp/Trade Tight
  • #322,875
  • Nov 10, 2010 3:40am Nov 10, 2010 3:40am
Quoting Munal
Though how long...........
I apologise I will post what i believe to be a correctly drawn trendline and no arrogant comment here

Its not my chart but in thios post.
making green pips large and red pips small this is my goal.
  • #322,876
  • Nov 10, 2010 3:40am Nov 10, 2010 3:40am
Why would any sane person would want to flame T@RANTULA? Not only he's kind enough to share his very educative analysis, but he also been right most of the time especially compared to anyone else in this forum. Remember that he's got nothing in return for helping everyone here. If anyone flaming him even just for one mistake he made, think about how many times has he been right, and how many times you have. If you don't like his analysis, simply click ignore and you won't hear from him ever again. Although I'm a newbie trader and never contributed, if there's only one person I can respect, it's T@RANTULA! I think from now on, whoever flame T@RANTULA should be banned
  • #322,877
  • Nov 10, 2010 3:41am Nov 10, 2010 3:41am
Quoting paul1
I dont mean to offend but your chart do you believe yourself honestly that the red line is drawn correctly .
Anyone care to comment .

check munals chart...
paul, take a look at that chart and tell me about low risk, high probability shorting at 3818-3824
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  • #322,878
  • Nov 10, 2010 3:43am Nov 10, 2010 3:43am
Quoting T@rantula
The chart speaks for itself.

3818 sold.

Attachment
there is some bullish momentum in 15m charts.
let's see 1H closing. but i am targeting 1.387 area today for sell. very close to daily support. trend is on your side. but short time frame have some bulls
imho.

what's your target ?
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #322,879
  • Nov 10, 2010 3:44am Nov 10, 2010 3:44am
question to all who went short yesterday at 1,3972: why you decided to do so? what was the trigger?

something more than candles?

thanks in advance!
  • #322,880
  • Nov 10, 2010 3:45am Nov 10, 2010 3:45am
Quoting Mr Hatch
sticking to shorts
buy on M15
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