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  • #331,921
  • Nov 24, 2010 6:02am Nov 24, 2010 6:02am
Quoting goods
Grrr bad trade yesterday, thought I picked a bottom retracement. Again don't worry about picking bottoms go with the trend.

Always look for a reason to continue before you start thinking retrace. Counter trend trading on minor retraces can be tricky and you need to keep a close eye on price and patterns.

Right now we have a repeat of the price pattern we saw overnight during Asia, just some larger swings within it.
  • #331,922
  • Nov 24, 2010 6:02am Nov 24, 2010 6:02am
the task is to close and seal the door... what does it depend on?
i can't imagine the gatekeeper to be a temporary fix to one of the problems, can it?

Quoting gatorinla
same levels ...knock #2
  • #331,923
  • Nov 24, 2010 6:02am Nov 24, 2010 6:02am
Quoting zaphy
How do google's servers know that there are 600 unique addresses looking at that page? That puzzles me. Out of the billions of web pages, unless they voluntarily register themselves or once google discovers a page with many visitors and adopts its crawling , they would have to craw the entire web.

Yes, google is our friend, I just wonder how long that friendship will last...
hierarchy for search results is quantified by page hits.

anyway, back to trading.
  • #331,924
  • Nov 24, 2010 6:03am Nov 24, 2010 6:03am
Quoting cloggie
Counter trend trading on minor retraces can be tricky and you need to keep a close eye on price and patterns.
True... I won“t even consider going long on a week like this.
  • #331,925
  • Nov 24, 2010 6:04am Nov 24, 2010 6:04am
Quoting Barata
True... I won“t even consider going long on a week like this.

There are some decent trades, especially overshoots of major levels, they tend to retrace for decent gains. You just gotta be careful and expect messy PA
  • #331,926
  • Nov 24, 2010 6:06am Nov 24, 2010 6:06am
Quoting cloggie
Always look for a reason to continue before you start thinking retrace. Counter trend trading on minor retraces can be tricky and you need to keep a close eye on price and patterns.

Right now we have a repeat of the price pattern we saw overnight during Asia, just some larger swings within it.
I hear you man thanks, It was a just one of those ideas where I got ahead of myself, I think I am done with doing that I am not fretting though I had a great week.

Its a bear we could be trading in the 1.2's today I will get my short entry. Its looking nice right about here. Does 1.23 sound like a reasonable target
Know when to hold em, Know when to fold em!
  • #331,927
  • Nov 24, 2010 6:07am Nov 24, 2010 6:07am
First Apple computer fetches £130,000 at auction


I think I'm finally ready for an upgrade...

So hard to be patient for trades sometimes.
  • #331,928
  • Nov 24, 2010 6:08am Nov 24, 2010 6:08am
Quoting PayTheLimit
3317/19 s/b some support...
15min close under here could open up a test of 3303 and then the lows, still waiting...
Look Sharp/Trade Tight
  • #331,929
  • Nov 24, 2010 6:09am Nov 24, 2010 6:09am
Quoting cloggie
There are some decent trades, especially overshoots of major levels, they tend to retrace for decent gains. You just gotta be careful and expect messy PA
Its a little messy right at the moment but below 3315 could take it to 3270-65
  • #331,930
  • Nov 24, 2010 6:09am Nov 24, 2010 6:09am
Quoting Skracor247
First Apple computer fetches £130,000 at auction


I think I'm finally ready for an upgrade...

So hard to be patient for trades sometimes.

wonder how much ill get for my dads commodore64 still in box
  • #331,931
  • Nov 24, 2010 6:09am Nov 24, 2010 6:09am
Quoting T@rantula
done.
Ur Way so good brother u r such a good PIP Killer
  • #331,932
  • Nov 24, 2010 6:11am Nov 24, 2010 6:11am
Considering shorting from 3323.
  • #331,933
  • Nov 24, 2010 6:12am Nov 24, 2010 6:12am
Quoting egkid
Ur Way so good brother u r such a good PIP Killer
Inserted Video

  • #331,934
  • Nov 24, 2010 6:16am Nov 24, 2010 6:16am
Quoting PipChick
Its a little messy right at the moment but below 3315 could take it to 3270-65

Hey piparoo,

Looking like M1 showing strong h&s
I still consider these pretty strong moves on M1. Lets see
Know when to hold em, Know when to fold em!
  • #331,935
  • Nov 24, 2010 6:18am Nov 24, 2010 6:18am
Quoting goods
Hey piparoo,

Looking like M1 showing strong h&s
I still consider these pretty strong moves on M1. Lets see
Good morning Goods. Let me see this m1 hs.
  • #331,936
  • Nov 24, 2010 6:19am Nov 24, 2010 6:19am
Some rumours that the ECB policy committee is in an emergency meeting right now.

10Yr Spain hit the high since spring. ECB on a buying spree?
  • #331,937
  • Nov 24, 2010 6:20am Nov 24, 2010 6:20am
Quoting Mr Hatch
the task is to close and seal the door... what does it depend on?
i can't imagine the gatekeeper to be a temporary fix to one of the problems, can it?
at some point the leaders lying fall on death ears. the market may have had enough of the lies and false promises. each thing we were told are later found to be untrue. where were these Irish banks during the stress test? *L* do you think the market thinks there can be more? to fix the piis crap excluding Greece you need almost 2 trillion... pull 2 trillion out of the system and it stops.
you need liquidity. the only way to do both is to print. the politicians in the ez are lying. you got limited capitol... no ifs ands or buts. if you dry up liquidity commerce stops.
those who can, do. those who cant, talk about those who can
  • #331,938
  • Nov 24, 2010 6:25am Nov 24, 2010 6:25am
Quoting gatorinla
at some point the leaders lying fall on death ears. the market may have had enough of the lies and false promises. each thing we were told are later found to be untrue. where were these Irish banks during the stress test? *L* do you think the market thinks there can be more? to fix...
that's a vicious circle. they cannot admit they lied, they cannot change the rules on the fly... they buy piigs bonds atm, but that's all they can do... how long? tomorrow? next week? well, somehow we sound like skyzer... but this shit in ez excludes printing.
  • #331,939
  • Nov 24, 2010 6:30am Nov 24, 2010 6:30am
Quoting goods
Hey piparoo,

Looking like M1 showing strong h&s
I still consider these pretty strong moves on M1. Lets see
The HS got buggered up. Price wanted another attempt at the 3360 area.
  • #331,940
  • Nov 24, 2010 6:30am Nov 24, 2010 6:30am
Quoting cloggie
3336 giving will lead to 3365
3361 hit.... 4 off. TERRIBLE!

Lovin' your calls. Still learning!
A pip is only worth it if you know how much you risked to earn it
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