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  • #326,281
  • Nov 15, 2010 12:24pm Nov 15, 2010 12:24pm
Quoting AllyB
BUT Cloggie ... this time I stayed in until it reached 3580!!!!!

About blooming time, took you three times to learn that lesson........
  • #326,282
  • Nov 15, 2010 12:27pm Nov 15, 2010 12:27pm
Quoting cloggie
We have moved 170 pips already today, nothing ugly is going to happen here.

were getting very close to triggers....
  • #326,283
  • Nov 15, 2010 12:27pm Nov 15, 2010 12:27pm
Quoting SkyzerFX
But anyways I wasn't aware of Ireland BS, when I

made that target..

Of course, blame the Irish. We discussed this all week last week and it has been all over every form of media.

Where have you been? Stuck up a tree while you ranted on about dollar collapse?

Sky, stop digging, you were wrong, everybody here told you but you wouldn't listen and now you come out with this malarkey?

Sky, you are not endearing, you are not even funny, you are just plain wrong. Inexperience I can handle, stupidity and ignorance I can't.

It was all in the charts and dozens here have posted so since last week but you were on your solitairy dollar crusade and you failed.
  • #326,284
  • Nov 15, 2010 12:27pm Nov 15, 2010 12:27pm
Quoting cloggie
About blooming time, took you three times to learn that lesson........
Not sure if I am a slow learner or just not yet in control of the emotional side. Probably a little of both. But I don't give up
  • #326,285
  • Nov 15, 2010 12:28pm Nov 15, 2010 12:28pm
Quoting mfoste1
were getting very close to triggers....

IF it happens I will be the first to jump in, but with London closed there is no volume left, NY has set its low and filled the afternoon range it is up to TY now.

NY will not have the volume to break last week's low.
  • #326,286
  • Nov 15, 2010 12:30pm Nov 15, 2010 12:30pm
Hello everybody,

I stick to my short term Euro bullish count. I think EURUSD is in a wave 2 correction.

Two options that come to mind immediately:

a) we are about to form a flat correction (which indeed can be only the first part of a larger wxy pattern, too)

b) we are building a 1-2, 1-2 pattern


I go with a), because the structure of the move down today looks rather corrective and less impulsive, AND there is this long lasting divergence on MACD and price since 11.07.2010. Now we see divergence on 15, 30, 60, 240 min chart

When we move below 3573, the low from 11.12.2010, we can rule out, that we have started a wave 5 action (where the move down from the top was part of a broad wave 4 pattern). That would leave us with above described scenarios only..


More later........
  • #326,287
  • Nov 15, 2010 12:30pm Nov 15, 2010 12:30pm
A good long setup was playing out.- 1 2 3 formation at the break of the retracement trendline but it failed.

I would have surely taken a long if that was confirmed.
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 24 KB


I have drawn those TLs pretty fast so they arent most precise but u got the point.

1-2-3 formation is one of my favorites.
  • #326,288
  • Nov 15, 2010 12:33pm Nov 15, 2010 12:33pm
cloggie,

Keep on teaching, my man. Forget the haters

I'm all ears. Thanks for the knowledge.
  • #326,289
  • Nov 15, 2010 12:33pm Nov 15, 2010 12:33pm
trigger ahh 2 pips....ahh cmon have another go!
  • #326,290
  • Nov 15, 2010 12:34pm Nov 15, 2010 12:34pm
I'm with ya' on that. Thanks Cloggie!!

Quoting Leche Mocha
cloggie,

Keep on teaching, my man. Forget the haters

I'm all ears. Thanks for the knowledge.
  • #326,291
  • Nov 15, 2010 12:35pm Nov 15, 2010 12:35pm
Quoting T@rantula
A good long setup was playing out.- 1 2 3 formation at the break of the retracement trendline but it failed.

I would have surely taken a long if that was confirmed.
Attachment

I have drawn those TLs pretty fast so they arent most precise but u got the point.

1-2-3 formation is one of my favorites.
tarantula, do the arrows in your chart imply you trade both ways?
  • #326,292
  • Nov 15, 2010 12:35pm Nov 15, 2010 12:35pm
Quoting cloggie
IF it happens I will be the first to jump in, but with London closed there is no volume left, NY has set its low and filled the afternoon range it is up to TY now.

NY will not have the volume to break last week's low.
i doubt tokyo would send this lower
  • #326,293
  • Nov 15, 2010 12:36pm Nov 15, 2010 12:36pm
Quoting cloggie
Sky, stop digging, you were wrong, everybody here told you but you wouldn't listen and now you come out with this malarkey?

Sky, you are not endearing, you are not even funny, you are just plain wrong. Inexperience I can handle, stupidity and ignorance I can't.

It was all in the charts and dozens here have posted so since last week but you were on your solitairy dollar crusade and you failed.
Another FED.gov employee.. We'll see who is wrong soon, don't worry.

I'll be millionaire by only holding Silver and Gold while you flipping pennies

in EU.. Get a clue and Sell f* dollar already, before Ben B rip you off completely.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #326,294
  • Nov 15, 2010 12:36pm Nov 15, 2010 12:36pm
Quoting Mr Hatch
tarantula, do the arrows in your chart imply you trade both ways?
No. They mark swing points.
  • #326,295
  • Nov 15, 2010 12:36pm Nov 15, 2010 12:36pm
Quoting Leche Mocha
cloggie,

Keep on teaching, my man. Forget the haters

I'm all ears. Thanks for the knowledge.

I don't mind the haters at all, I just keep proving them wrong over and over again, I put my money where my mouth is and daily post 50-100 pips worth of easy trades.

What I can't stand is guys that just ignorantly and foolishly go of on a tangent that every noobie chart reader with a bit of knowledge can clearly see is utter rubbish.
  • #326,296
  • Nov 15, 2010 12:37pm Nov 15, 2010 12:37pm
Quoting Pipwanderer
i doubt tokyo would send this lower

never underestimate the power of a sell-off....
  • #326,297
  • Nov 15, 2010 12:37pm Nov 15, 2010 12:37pm
I find that funny too, trend is your friend, but we haven't had that much of a trend. The forex market generally seams to counter trend 60%, trend 30%, and breakout 10% of the time. So, I learn to trade counter trend while waiting for a trend move. I basically a short term trader.

Peace


Quoting SkyzerFX
I said I didn't lose PRINCIPAL balance invested overall, this doesn't mean

I don't have loses.. But anyways I wasn't aware of Ireland BS, when I

made that target.. It's a wrong timing.. I have not...
  • #326,298
  • Nov 15, 2010 12:37pm Nov 15, 2010 12:37pm
Quoting T@rantula
A good long setup was playing out.- 1 2 3 formation at the break of the retracement trendline but it failed.

I would have surely taken a long if that was confirmed.
Attachment

I have drawn those TLs pretty fast so they arent most precise but u got the point.

1-2-3 formation is one of my favorites.
Ur right but my idea as what cloggie just said so tight sl and i will go get some sleep , Catch u early
  • #326,299
  • Nov 15, 2010 12:37pm Nov 15, 2010 12:37pm
Quoting SkyzerFX
Another FED.gov employee.. We'll see who is wrong soon, don't worry.

I'll be millionaire by only holding Silver and Gold while you flipping pennies

in EU.. Sell f* dollar already..

You sure are stubborn, 100's here can clearly see you are wrong, the market has proven you wrong big time and you just won't stop.

You are unmasked as the biggest muppet here today, one only needs to read your posts from the last 3-4 days.

At least the earlier biggest muppet was funny, he had a picture of a submarinal airplane that is now drowning, you are just plain annoying.
  • #326,300
  • Nov 15, 2010 12:39pm Nov 15, 2010 12:39pm
Quoting cloggie
You sure are stubborn, 100's here can clearly see you are wrong, the market has proven you wrong big time and you just won't stop.
Sometimes stubborness can get you real far man.
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