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  • #340,361
  • Dec 6, 2010 2:56pm Dec 6, 2010 2:56pm
If 3380 goes, then the poster who said 3470 and whom was ridiculed may be right !!!
  • #340,362
  • Dec 6, 2010 3:00pm Dec 6, 2010 3:00pm
OT a bit, but anyone know of a good broker where you can trade the silver/usd gold/usd pairs? (not the futures), I think Oanda does this, but I cannot find an explanation of how it works on their site. Any info is appreciated.
  • #340,363
  • Dec 6, 2010 3:00pm Dec 6, 2010 3:00pm
Good morning folks

In the event of no news and looking at 1 hr chart I suspect price to range between 1.3450 (R1) and 1.32 (S2/200SMA flattening/100SMA close to 200SMA) as a strong base.
Next retrace at around 1.3347 down to 1.3254 (few pips here and there not that important when you trade long term).


Attached Image (click to enlarge)
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Wishing you lots of pips.

Cheers
  • #340,364
  • Dec 6, 2010 3:02pm Dec 6, 2010 3:02pm
Quoting gatorinla
not exactly. i look for a short climb before the dive.
Understood
  • #340,365
  • Dec 6, 2010 3:06pm Dec 6, 2010 3:06pm
Entered a small short at 1.3309. Small position hoping to cash 20-30 pips on the downside.
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  • #340,366
  • Dec 6, 2010 3:06pm Dec 6, 2010 3:06pm
Quoting gatorinla
we may know soon... 3312 or 3334.. either holds the flashlight. might be a wtf.. headfake soon

looks like 62% fib rejection, buy low sell high. Seems like they sold the rally.
Know when to hold em, Know when to fold em!
  • #340,367
  • Dec 6, 2010 3:07pm Dec 6, 2010 3:07pm
Quoting goods
Gator 3300 supply (resistance) was hit exactly at the 62% fib retracement if you have taken a look at that. Respectively the 62% was hit to the pip and rejected.

I dont see anymore upside and I do see 31xx in the next day or 2.

My question to you is do you agree upside for intraday is done? I just hate the ny close and waiting of the open asia as anything goes there, hopefully just slow trickle down and watch asia try to rally a tadbit then start selling off again.

What do you see above as supply? Do you agree 3330?
3330 won't be broken until Asia opens...

Will propably wade down to 3250 again where my TP is

Upside is done if 3330 doesn't go during Asia...
@pawpaw1000 on Twitter
  • #340,368
  • Dec 6, 2010 3:07pm Dec 6, 2010 3:07pm
Quoting SugarTrade
Understood

Make sure you are agreeing to disagree
Know when to hold em, Know when to fold em!
  • #340,369
  • Dec 6, 2010 3:14pm Dec 6, 2010 3:14pm
Quoting goods
Make sure you are agreeing to disagree
I don't necessarily disagree, I'm pretty undecided at this moment. I now understand what his view point is though, which is all I was saying. I will have to wait and see.
  • #340,370
  • Dec 6, 2010 3:19pm Dec 6, 2010 3:19pm
Quoting gatorinla
we may know soon... 3312 or 3334.. either holds the flashlight. might be a wtf.. headfake soon
could be this? We'll see.
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Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #340,371
  • Dec 6, 2010 3:20pm Dec 6, 2010 3:20pm
Quoting hindustani
May retest 3248 on aud news

http://img697.imageshack.us/img697/2959/get.gif
the slide begins

stop BE + 2 pips

http://img413.imageshack.us/img413/2959/get.gif
  • #340,372
  • Dec 6, 2010 3:22pm Dec 6, 2010 3:22pm
Quoting T@rantula
Below 3330-3340 3250 is the key. A potential break gives us 3200. We are below the last trendline and 61.8 fib projection on h1 swing. 3330 is a round number, and 50.0 fib extension. Meanwhile a new trendline has formed 3250 still the key.
this explains it all. Valid levels throughout the whole London and US session.

relax and play breakout and continuation
  • #340,373
  • Dec 6, 2010 3:24pm Dec 6, 2010 3:24pm
eu rehn : need stop bush fires becoming forest fire lol.
Dont sound to confident
making green pips large and red pips small this is my goal.
  • #340,374
  • Dec 6, 2010 3:25pm Dec 6, 2010 3:25pm
Quoting T@rantula
this explains it all.
Hello, Buddie, are you playing EU only? or few other pairs?

Thanks.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #340,375
  • Dec 6, 2010 3:25pm Dec 6, 2010 3:25pm
After meeting in brussels no decision on spain and portugal been disclosed.
making green pips large and red pips small this is my goal.
  • #340,376
  • Dec 6, 2010 3:31pm Dec 6, 2010 3:31pm
Quoting sidhujag
Not necessarily... if you can expect it to go back to 1.3 you can expect it to go to 1.36

The trend is still positive until support (1.3187) is taken out followed by a lower low.
til there aren't some certain short signals - for that i'm shorting only in lower time frames and with a tight sl.

the first bigger short signal is a break of 1.324
Pecunia non olet
  • #340,377
  • Dec 6, 2010 3:32pm Dec 6, 2010 3:32pm
re L axe

relax
  • #340,378
  • Dec 6, 2010 3:34pm Dec 6, 2010 3:34pm
Quoting hindustani
the slide begins

stop BE + 2 pips

http://img413.imageshack.us/img413/2959/get.gif
exit on support, cya folks later

my pillow calls

http://img443.imageshack.us/img443/5044/geth.gif
  • #340,379
  • Dec 6, 2010 3:36pm Dec 6, 2010 3:36pm
Quoting SkyzerFX
Hello, Buddie, are you playing EU only? or few other pairs?

Thanks.
Hey Sky,

mostly EU crosses, but also UJ, UC and majors. I prefer EU thou on intraday basis and as a scalping currency of choice.

Sometimes I trade the beast ( GJ) also but ONLY when i spot a trend on a higher TF.
  • #340,380
  • Dec 6, 2010 3:37pm Dec 6, 2010 3:37pm
Quoting ak4x
how can you say that? you don;tknow me man!!!

you got chart?? you want summa me? come on bring it man ciz i badazztrader too.



Oh sorry T-man, you know Good Advice gets iggied a'rd here right?

"Relax..." Yeah... I can do that.
LOL

<3
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