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  • #343,341
  • Dec 9, 2010 9:54pm Dec 9, 2010 9:54pm
Quoting gatorinla
one door closes another open..
Inserted Video
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Click to Enlarge Name: bear5.PNG Size: 23 KB
those who can, do. those who cant, talk about those who can
  • #343,342
  • Dec 9, 2010 9:54pm Dec 9, 2010 9:54pm
Quoting Mr Hatch
damn, you really got me thinking.

a textbook inverted h&s would result in a target area around 1.3477, which is slightly above the red trendline (yellow line is at 3477) - i have to say i doubt that target. there must be something in the fridge that we don't have any idea about to get there right now. i just don't see it, unless you tell me, it's a technical necessity.
The only thing is this...Dec is not a month to trust forex. A lot of the big players are not in the mkt at this time. Its best to enjoy the holidays, hang out and chat or study charts instead of pulling the trigger.
  • #343,343
  • Dec 9, 2010 9:56pm Dec 9, 2010 9:56pm
Quoting samdani786
OK It will be a bearish once its finished after bin reached at Piont D . right now , its going from piont C to Piont D . Usually Leg CD makes smaller abcd within. So I am expecting it to go up a little say around 81, finish gartley and then come down. I hope i am making some sense now .
you are
I just maybe think is a too "elegant" pattern to be applied in such crazy circumstance... is like a nice pinot noir in a McDonalds!
  • #343,344
  • Dec 9, 2010 9:58pm Dec 9, 2010 9:58pm
thin volume...need some coffee
  • #343,345
  • Dec 9, 2010 10:01pm Dec 9, 2010 10:01pm
Quoting gucci1
nice chart !!

here is my outlook as i see correction might be over and we will flip to bullish coming days!

we still struggle below 13250 ! if we break (breakout candle) we will be looking for 1.3405 -- then this 13250 will act as supp for 1.3760+- next --i target overall 1.43

lets see--- im out-- will pop in now and then!

good luck all --
Nice work . Lets see. I am watching that little TL right now cause that is a KEY for me. GL.
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #343,346
  • Dec 9, 2010 10:03pm Dec 9, 2010 10:03pm
Quoting gatorinla
http://www.youtube.com/watch?v=ENrNhT2MQzM&feature=fvsr
Nice song Senior gator
  • #343,347
  • Dec 9, 2010 10:03pm Dec 9, 2010 10:03pm
Quoting PipChick
The only thing is this...Dec is not a month to trust forex. A lot of the big players are not in the mkt at this time. Its best to enjoy the holidays, hang out and chat or study charts instead of pulling the trigger.
l know i will get shot for saying this. but there is not a player in the world that can move this thing one way or the other a single pip. . at least in the market situation. with talk they can.. but not in the market. market is based on commerce. not a single bank or player. excluding central banks..
those who can, do. those who cant, talk about those who can
  • #343,348
  • Dec 9, 2010 10:04pm Dec 9, 2010 10:04pm
I hate to make reference to fundamentals on this thread however I do believe we will see a few more moves based on what Obama and the congress do before Christmas.

With that said I turned a good week of small scalps into a losing week with only two trades tonight. Perhaps the suggestion to enjoy the holiday is a good one.

Don't Panic. Stay With You're Group.
  • #343,349
  • Dec 9, 2010 10:09pm Dec 9, 2010 10:09pm
Quoting MindfulOne
I hate to make reference to fundamentals on this thread however I do believe we will see a few more moves based on what Obama and the congress do before Christmas.

With that said I turned a good week of small scalps into a losing week with only two trades tonight. Perhaps the suggestion to enjoy the holiday is a good one.

commerce will stop?
those who can, do. those who cant, talk about those who can
  • #343,350
  • Dec 9, 2010 10:12pm Dec 9, 2010 10:12pm
it must give us a breakout candle in this hour out of 13250 for bulls---if not --maybe tough times !

for the bears --- if this is the case we go as bullish-- wait for spike above 1.34000,then nice entry on this support @ 13250 --- excellent R/R -- as we heads for 1.37 next then 1.43 ---

for the bulls--if we r wrong--- just leave it -- enjoy holiday --spikes will happen--
  • #343,351
  • Dec 9, 2010 10:14pm Dec 9, 2010 10:14pm
Quoting gatorinla
commerce will stop?
No sir, I don't think commerce will stop at all. I may have just had a momentary loss of reason.
Don't Panic. Stay With You're Group.
  • #343,352
  • Dec 9, 2010 10:27pm Dec 9, 2010 10:27pm
Look at the similarity in these two Pattern
1 is from April 2009
2 is right now.

Wish me GL.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: 33 h4 dec 09 2010.gif Size: 24 KB
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #343,353
  • Dec 9, 2010 10:35pm Dec 9, 2010 10:35pm
Deja Vu

I might add to my long
  • #343,354
  • Dec 9, 2010 10:37pm Dec 9, 2010 10:37pm
Quoting samdani786
Look at the similarity in these two Pattern
1 is from April 2009
2 is right now.

Wish me GL.

your level is right spot on for the low---"if we going lower ---max 1.3135 "
  • #343,355
  • Dec 9, 2010 10:38pm Dec 9, 2010 10:38pm
Quoting gatorinla
commerce will stop?
Year before last, I made hefty profits during the holidays, ...........scalping only. But everyday is not Sunday.

ps. if this time it breaks 1.3300 and stays above it for a couple of days, will again scalp to the up during the holidays.
The Thief of Wall Street
  • #343,356
  • Dec 9, 2010 10:39pm Dec 9, 2010 10:39pm
usdx.. fibs target 80.73. predictive
Attached Image (click to enlarge)
Click to Enlarge Name: bear5.PNG Size: 43 KB
those who can, do. those who cant, talk about those who can
  • #343,357
  • Dec 9, 2010 10:41pm Dec 9, 2010 10:41pm
Quoting samdani786
Look at the similarity in these two Pattern
1 is from April 2009
2 is right now.

Wish me GL.

if we make a new low, that pattern is invalidated
  • #343,358
  • Dec 9, 2010 10:46pm Dec 9, 2010 10:46pm
Quoting mfoste1
if we make a new low, that pattern is invalidated
Sorry , I didnt understand ? Invalidate waht ?
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #343,359
  • Dec 9, 2010 10:47pm Dec 9, 2010 10:47pm
Quoting gatorinla
usdx.. fibs target 80.73. predictive
I hope that TL holds man.
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #343,360
  • Dec 9, 2010 10:48pm Dec 9, 2010 10:48pm
Quoting samdani786
Sorry , I didnt understand ? Invalidate waht ?
The one that is valid now.
The Thief of Wall Street
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