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  • #326,181
  • Nov 15, 2010 11:47am Nov 15, 2010 11:47am
Quoting mfoste1
late afternoon selloff....
I have noticed that these quick little sellofs of not sustained have tendancy to retrace 100%
  • #326,182
  • Nov 15, 2010 11:48am Nov 15, 2010 11:48am
Quoting cloggie
Newyear depends on what religious calendar you use.
absolutely right
  • #326,183
  • Nov 15, 2010 11:49am Nov 15, 2010 11:49am
Quoting gatorinla
*smokes a cigarette* i don't usually do this ...

stressed a bit? lol....me too man. I have 3 midterms this week plus im still in all positions from 3961 3751 3747 3734....
  • #326,184
  • Nov 15, 2010 11:50am Nov 15, 2010 11:50am
lol. Good luck with your shorts.

sisse

Quoting gatorinla
*smokes a cigarette* i don't usually do this ...
Pending conversations? PM for a chat...I am mainly in OTM now
  • #326,185
  • Nov 15, 2010 11:50am Nov 15, 2010 11:50am
Quoting mfoste1
stressed a bit? lol....me too man. I have 3 midterms this week plus im still in all positions from 3961 3751 3747 3734....
Get you're stops and limits in and get some revision done...
  • #326,186
  • Nov 15, 2010 11:52am Nov 15, 2010 11:52am
Quoting sisse
IMO, The question is not if Ireland still thinks it can deal with its problems but if the markets give allow it. Sound like finance rule the world ...sadly, but true.

sisse
whether they get one or not is not what im concerned about. im concerned about the fact they need one.. this will weigh on the chf also (swiss banks). people are more concerned about getting the bailout. each bailout weakens the euro.. they either print are pull money out the system. tight liquidity is not a good thing either long term.. the system will have less money to invest. all these bailouts bleed Germany. killing the goose laying the gold eggs. smoke and mirror misdirection.
those who can, do. those who cant, talk about those who can
  • #326,187
  • Nov 15, 2010 11:54am Nov 15, 2010 11:54am
Quoting mfoste1
stressed a bit? lol....me too man. I have 3 midterms this week plus im still in all positions from 3961 3751 3747 3734....
not a bit. it was a joke..
those who can, do. those who cant, talk about those who can
  • #326,188
  • Nov 15, 2010 11:55am Nov 15, 2010 11:55am
eid mubarek to all humanity...
  • #326,189
  • Nov 15, 2010 11:59am Nov 15, 2010 11:59am
Happy Darwin day...
  • #326,190
  • Nov 15, 2010 12:00pm Nov 15, 2010 12:00pm
Quoting letscry
eid mubarek to all humanity...
EID MUBARAK
  • #326,191
  • Nov 15, 2010 12:01pm Nov 15, 2010 12:01pm
it s a very stressed day to trade i m long and it came very near my sloss . i did smoke alot today and had few strong coffees to release the emotions i need it to show me some buying pressure but there s nothing so far . if the the low breaks its going down to 1.3414 so i ll be looking to go with the bears if 1.3570 breaks
  • #326,192
  • Nov 15, 2010 12:04pm Nov 15, 2010 12:04pm
Took profit on my shorts on that rapid re-test of DS1, have achieved daily target and am happy to sit on the side lines... It has been a choppy day, the type of day that can chop up accounts...
  • #326,193
  • Nov 15, 2010 12:05pm Nov 15, 2010 12:05pm
Quoting nawafasad1
it s a very stressed day to trade i m long and it came very near my sloss . i did smoke alot today and had few strong coffees to release the emotions i need it to show me some buying pressure but there s nothing so far . if the the low breaks its going down to 1.3414 so i ll be looking to go with the bears if 1.3570 breaks
I imagine it was a stressful day for anyone long but could you not say that about any day if guessing the direction wrong?
I've been short since friday and have had and am continuing to have alovely day.
  • #326,194
  • Nov 15, 2010 12:06pm Nov 15, 2010 12:06pm
Quoting sisse
IMO, The question is not if Ireland still thinks it can deal with its problems but if the markets allow it. Sounds like finance rules the world ...sadly, but true.

sisse
well there are giving them a little breather today, spreads are down about 25bp...
Look Sharp/Trade Tight
  • #326,195
  • Nov 15, 2010 12:07pm Nov 15, 2010 12:07pm
guys i don't smoke.. it was a sexual under-toned joke. well unless you count a turkey b4 Christmas.. but they are hard to keep lit.

piss i dropped my crack pipe.. now im getting stressed.
those who can, do. those who cant, talk about those who can
  • #326,196
  • Nov 15, 2010 12:09pm Nov 15, 2010 12:09pm
Quoting gatorinla
*smokes a cigarette* i don't usually do this ...
It appears everyone missed the red text, haha
  • #326,197
  • Nov 15, 2010 12:11pm Nov 15, 2010 12:11pm
According to Drcw Niv.

chief executive of FXCM,

" If 15 % of day traders are profitable, I'd be surprised."

"To secure this constant flow of clients, brokers spend vast amounts of money on
marketing schemes that I am sure you have been the target of in the past. They will
try everything from huge internet advertising campaigns to direct mail offerings,
even going as far as holding trading "conferences" or "seminars". In the end. you
can rest assured that they want a return on their investment : your money"

Technicals:

"As Burton Malkiel famously noted,

A blindfolded monkey throwing darts at the financial pages of a newspaper can
select a portfolio that will do just as well as one carefully selected by the experts".

Sell the Dollar! while you can *LOL*
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #326,198
  • Nov 15, 2010 12:12pm Nov 15, 2010 12:12pm
Quoting SugarTrade
It appears everyone missed the red text, haha
exactly

Inserted Video
those who can, do. those who cant, talk about those who can
  • #326,199
  • Nov 15, 2010 12:12pm Nov 15, 2010 12:12pm
Looks like we might be having a fifth wave truncation occuring.. Up she goes? I suppose we will see within a few hours...
  • #326,200
  • Nov 15, 2010 12:12pm Nov 15, 2010 12:12pm
well I'm also short and my question now is that if the bears don't take out 3593/95, where do we bounce to?
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Look Sharp/Trade Tight
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