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  • #353,341
  • Dec 28, 2010 7:21pm Dec 28, 2010 7:21pm
Dear Pipchick,


I really appreciated how you marked up that chart and then put commentary on it that clearly explained the scenario.

I would never see something that good on babypips. However, if it was, I bet some of those broker ads on their site would go away... ha ha ha

Again... thanks sooooooooooooo much.
Luck has no place in trading. Leave that for the poker table.
  • #353,342
  • Dec 28, 2010 7:23pm Dec 28, 2010 7:23pm
Quoting Chicky
Are we going to 1.26 or 1.35?

Does anyone know here?

If not, ...

....WTF you are doing here?

drinking coffee and watching xxxxxxxxxxxxx
  • #353,343
  • Dec 28, 2010 7:23pm Dec 28, 2010 7:23pm
Quoting Pair-me-up
Dear Pipchick,


I really appreciated how you marked up that chart and then put commentary on it that clearly explained the scenario.

I would never see something that good on babypips. However, if it was, I bet some of those broker ads on their site would go away... ha ha ha

Again... thanks sooooooooooooo much.
LOL..your'e welcome Pair-me-up
  • #353,344
  • Dec 28, 2010 7:24pm Dec 28, 2010 7:24pm
Quoting Chicky
Are we going to 1.26 or 1.35?

Does anyone know here?

If not, ...

....WTF you are doing here?

i am going till 1.312
than i am going to sleep and will look tomorrow to short if went higher...

i am a newbie i dont have a clue about anything
  • #353,345
  • Dec 28, 2010 7:24pm Dec 28, 2010 7:24pm
Quoting Chicky
Are we going to 1.26 or 1.35?

Does anyone know here?

If not, ...

....WTF you are doing here?
I know 1.35 but I don't know when.
  • #353,346
  • Dec 28, 2010 7:25pm Dec 28, 2010 7:25pm
Quoting Chicky
Are we going to 1.26 or 1.35?

Does any one know here?

If no, ...

....WTF you are doing here?
All depends if China buys up the Euro tonight & sells the U.S. dollar.

Many stoploss's were hit on the bull run from last night, doubt it that the same scenario could happen again, if we close below the 200day sma, we can see a downward trend. Especially if China doesn't buy up Euro debt.

ECB pretty much said they can't afford, or don't have the capital, to keep buying up the bonds let alone the ones they already have purchased.

So because of that, i don't expect much more debt purchasing for the remainder of the year, it is a possibility to see 1.29xx before London which may give way to 1.26xx by next weekend.

We may try to touch 1.33, but to much past resistance at that point, at very most 1.35 {very unlikely though}

Pushing a rock up hill is what the bulls are doing.
  • #353,347
  • Dec 28, 2010 7:26pm Dec 28, 2010 7:26pm
Quoting PipChick
Its the best way to get pips when the mkt isnt moving much. Just follow the stop hunts.
LOL!!! Yes, it works. Plus, why are we trading this holiday week anyway (bored, tired of eating holiday goodies, etc.). Any good system most likely will not work well this week and I can't wait till the pros come back next week.

Peace
  • #353,348
  • Dec 28, 2010 7:27pm Dec 28, 2010 7:27pm
Looks like the GU wants the 5516 area. or higher.
  • #353,349
  • Dec 28, 2010 7:28pm Dec 28, 2010 7:28pm
Quoting disegnosys
LOL!!! Yes, it works. Plus, why are we trading this holiday week anyway (bored, tired of eating holiday goodies, etc.). Any good system most likely will not work well this week and I can't wait till the pros come back next week.

Peace
We are trading because there are pips to make and we are all addicts!
  • #353,350
  • Dec 28, 2010 7:28pm Dec 28, 2010 7:28pm
Quoting Magix
No longs below Daily roll for me here Chicky...

Possible fillzone in green...
Me too, but going for a 25 pip scalp.
The Thief of Wall Street
  • #353,351
  • Dec 28, 2010 7:28pm Dec 28, 2010 7:28pm
Silver & Gold might turn bearish soon ... be on the lookout for Aud/Usd, I have a couple short lots of AUD, expecting to break back below parity with the weekend.
  • #353,352
  • Dec 28, 2010 7:28pm Dec 28, 2010 7:28pm
Quoting PipChick
Looks like the GU wants the 5516 area. or higher.
Correction: Not 5516, meant 5416
  • #353,353
  • Dec 28, 2010 7:29pm Dec 28, 2010 7:29pm
Quoting Chicky
Are we going to 1.26 or 1.35?

Does anyone know here?

If not, ...

....WTF you are doing here?
2804-
those who can, do. those who cant, talk about those who can
  • #353,354
  • Dec 28, 2010 7:29pm Dec 28, 2010 7:29pm
Quoting Chicky
Are we going to 1.26 or 1.35?

Does anyone know here?

If not, ...

....WTF you are doing here?
well,,
No close below 3100 on daily.. 4h.. Looks [so far] 3100 gate is closed.

until then.. RANGE.. scalp.. and FF ..
  • #353,355
  • Dec 28, 2010 7:39pm Dec 28, 2010 7:39pm
Quoting gatorinla
2804-
My chart gives four descending levels from 2863 to 2806.
The Thief of Wall Street
  • #353,356
  • Dec 28, 2010 7:43pm Dec 28, 2010 7:43pm
I am trying to learn more about support and resistance.

Can someone tell me if I drew those in the correct areas?

Thanks.
Attached Image (click to enlarge)
Click to Enlarge Name: Sup Res practice lines.jpg Size: 226 KB
Luck has no place in trading. Leave that for the poker table.
  • #353,357
  • Dec 28, 2010 7:46pm Dec 28, 2010 7:46pm
Quoting Chicky
My chart gives four descending levels from 2863 to 2806.
last years close.
those who can, do. those who cant, talk about those who can
  • #353,358
  • Dec 28, 2010 7:47pm Dec 28, 2010 7:47pm
I am expecting a break-out (up?) any time now due to the triangle formation.
Attached Image (click to enlarge)
Click to Enlarge Name: chart2.gif Size: 29 KB
  • #353,359
  • Dec 28, 2010 7:51pm Dec 28, 2010 7:51pm
Quoting Chicky
Are we going to 1.26 or 1.35?

Does anyone know here?

If not, ...

....WTF you are doing here?
..been working orders to sell @1.3150 pretty much all day for 1.2970 target..
  • #353,360
  • Dec 28, 2010 7:56pm Dec 28, 2010 7:56pm
Quoting alexxi
i am going till 1.312
than i am going to sleep and will look tomorrow to short if went higher...

my goal reached for tonight... i guess time for bed!

night all and good luck with trading
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