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  • #342,581
  • Dec 8, 2010 10:48pm Dec 8, 2010 10:48pm
Quoting gatorinla
i don't know what it will do. but i couldn't long gold here. that little wedge is ripe and could be enough to break the bigger tl. that would put the larger bear wedge in the game.
Even if it breaks above the wedge it could bounce 1391. We have a similar situation with E/U 334X. Just trading the lower timeframes on the break above the current resistance or below R1.

I don't see any positions yet with the way it's swinging back and forth.
  • #342,582
  • Dec 8, 2010 10:49pm Dec 8, 2010 10:49pm
super duper side ways trading now... lol... the increase is minimal and the drop ... minimal.. think everyone in asia's having their lunch break now.. i'm in singapore btw
There is no royal road to anything.
  • #342,583
  • Dec 8, 2010 10:49pm Dec 8, 2010 10:49pm
Quoting MindfulOne
I fell asleep at 7 EST saying to myself nothing is going to happen tonight and woke up at 10.

I'm now short from 3313 with a 3327 SL expecting a small pullback on lower volume.
Took a 6 pip gain and am done for the night.

This thread has been good reading tonight and now for some reason I want a cheeseburger.
Don't Panic. Stay With You're Group.
  • #342,584
  • Dec 8, 2010 10:54pm Dec 8, 2010 10:54pm
im hoping 3317 contains this
those who can, do. those who cant, talk about those who can
  • #342,585
  • Dec 8, 2010 10:56pm Dec 8, 2010 10:56pm
Quoting B.Shore
Even if it breaks above the wedge it could bounce 1391. We have a similar situation with E/U 334X. Just trading the lower timeframes on the break above the current resistance or below R1.

I don't see any positions yet with the way it's swinging back and forth.
i would give it much better then a 50/50 it dives.
those who can, do. those who cant, talk about those who can
  • #342,586
  • Dec 8, 2010 11:03pm Dec 8, 2010 11:03pm
Quoting gatorinla
i would give it much better then a 50/50 it dives.
I am very short done the stupid mistake of allowing a large SL.. I really hope you are right, but my bear faith is being quite challenged right now
  • #342,587
  • Dec 8, 2010 11:06pm Dec 8, 2010 11:06pm
Well done bull , above 3300, lets see what next .more up expecting after a down move , usdchf a little down move before bull , pullback & more pullback.
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #342,588
  • Dec 8, 2010 11:09pm Dec 8, 2010 11:09pm
Quoting gatorinla
im hoping 3317 contains this
I hope Santa brings me my very own magic pony. But he never does. Probably never will.

You might get some short side static out of Frankie but europe will sell the usd today. If Mumbai/Dubai/Moscow pops another couple legs up we probably won't see 1.32xx again this week.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #342,589
  • Dec 8, 2010 11:12pm Dec 8, 2010 11:12pm
Quoting The Fool
I hope Santa brings me my very own magic pony. But he never does. Probably never will.

You might get some short side static out of Frankie but europe will sell the usd today. If Mumbai/Dubai/Moscow pops another couple legs up we probably won't see 1.32xx again this week.
we will c.. if it was only that easy. my left nut still says 3110 before 3401 + 1 pip.
those who can, do. those who cant, talk about those who can
  • #342,590
  • Dec 8, 2010 11:13pm Dec 8, 2010 11:13pm
Quoting gatorinla
i would give it much better then a 50/50 it dives.
Either works for me.
  • #342,591
  • Dec 8, 2010 11:14pm Dec 8, 2010 11:14pm
Quoting Martingale
I am very short done the stupid mistake of allowing a large SL.. I really hope you are right, but my bear faith is being quite challenged right now
this is where 3317 came from.. if it helps. 3325 wasn't touched and it is a fib..
Attached Image (click to enlarge)
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those who can, do. those who cant, talk about those who can
  • #342,592
  • Dec 8, 2010 11:17pm Dec 8, 2010 11:17pm
this pair has been misbehaving lately. looking at eurjpy
Quoting gatorinla
we will c.. if it was only that easy. my left nut still says 3110 before 3401 + 1 pip.
  • #342,593
  • Dec 8, 2010 11:24pm Dec 8, 2010 11:24pm
here we go
There is no royal road to anything.
  • #342,594
  • Dec 8, 2010 11:25pm Dec 8, 2010 11:25pm
Quoting gatorinla
this is where 3317 came from.. if it helps. 3325 wasn't touched and it is a fib..
Thanks! looks promising.. if we don't breach it!
The 0.618 fib is also pretty reassuring!
  • #342,595
  • Dec 8, 2010 11:25pm Dec 8, 2010 11:25pm
give me a hard 10 .. pressure on sell down ahoy ahoy ahead she blows!!!
There is no royal road to anything.
  • #342,596
  • Dec 8, 2010 11:34pm Dec 8, 2010 11:34pm
Quoting Leinadgnow
here we go
are you alright there skippy?
"If The Fool persists in his Folly he will become wise." - William Blake
  • #342,597
  • Dec 8, 2010 11:34pm Dec 8, 2010 11:34pm
Quoting Leinadgnow
here we go

you sure?
  • #342,598
  • Dec 8, 2010 11:35pm Dec 8, 2010 11:35pm
I hope its better to sell Eur at present price as its fib is at 33250.
  • #342,599
  • Dec 8, 2010 11:38pm Dec 8, 2010 11:38pm
sorry .. false alarm hahaha .. what a dick hahaha ... but as jesse livermore said.. never get angry with the market.. never get angry with it cause it is never wrong.. it basically means i had the wrong setup and the wrong interpretation .. oh well.. back to the drawing board anyway.. just wanted to let you guys know i was a junior member and i came to this board daily.. to read all of your posts.. yes .. one and all .. even johnnyrei and the weird guy who say's his insider news is good :S (must be at least a trichet level in order for the market to listen to him) but anyway.. it was good to learn from all of you.. been trading only for 2 years.

. i'm 21 this year btw hope to learn more from you guys and all the trading journal/ platforms i'm drooling over that prospect. gotta love forex factory..
There is no royal road to anything.
  • #342,600
  • Dec 8, 2010 11:40pm Dec 8, 2010 11:40pm
Quoting Martingale
I am very short done the stupid mistake of allowing a large SL.. I really hope you are right, but my bear faith is being quite challenged right now
Hope you don't rely on his call...you could end up with a big loss.

Hope he is right for you though
GL
COT: The precious data ignored
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