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  • #354,941
  • Dec 30, 2010 11:13am Dec 30, 2010 11:13am
Quoting Redeemed1
Anarchists groups bombed the Greek embassy in Argentina and a huge bomb outside the court buildings in downtown Athens.
That bomb went of at 8am Athens time, its now 7pm there, and that was a molatov cocktail in argentina, so I would say old news brother, no offense...
Look Sharp/Trade Tight
  • #354,942
  • Dec 30, 2010 11:13am Dec 30, 2010 11:13am
Quoting PayTheLimit
what are we checking out?
Spotted that mini inverse head and shoulders pattern on the 5 minute chart.
Founder of Sutherland Wave Principle
  • #354,943
  • Dec 30, 2010 11:14am Dec 30, 2010 11:14am
Quoting bodisatva
Yes I read about this, but according to my observation it can show kumo breakouts on all time-frames.

on M1 one can go for some pips, scalping safely without loss
from M5 up treading kumo breakouts will give more pips.

Trend is changing daily mostly 5 times and every day there is at least 1 big breakout what is nicely visible on M15 chart with the help of ichimoku.
Here's the place for all things ichi. If I remember right I contacted the guy that runs the forun and got some great videos for free from him. The ichi is like all indicators when you use it on a small time frame. It is great when it works.

http://www.kumotrader.com/ichimoku_w...itle=Main_Page
  • #354,944
  • Dec 30, 2010 11:16am Dec 30, 2010 11:16am
Quoting Magix
Tempted to short to 3249...but might just sip my coffee and wait to see if we find support and run another long to hammer HOD....
I like the target, I just dont know how I would approach the trade. For me, it would be wait for the close under 3266, then look to sell after. Where would you risk it to?
Look Sharp/Trade Tight
  • #354,945
  • Dec 30, 2010 11:17am Dec 30, 2010 11:17am
Has anybody here used someone else's calls that they thought were completely useless and gone against them to make money?

I have been reading through some pages and identified some people that just shout crazy stuff, for the sake of saying something.

I was already in a trade today when one of these guys shouted the opposite of what I was doing. This just made me feel more confident in my trade.

It would be a nice experiment on a demo maybe
  • #354,946
  • Dec 30, 2010 11:19am Dec 30, 2010 11:19am
there might be bigger target if people scalled out,I see 3030,what about others ?
  • #354,947
  • Dec 30, 2010 11:20am Dec 30, 2010 11:20am
Quoting piptornado
Has anybody here used someone else's calls that they thought were completely useless and gone against them to make money?

I have been reading through some pages and identified some people that just shout crazy stuff, for the sake of saying something.

I was already in a trade today when one of these guys shouted the opposite of what I was doing. This just made me feel more confident in my trade.

It would be a nice experiment on a demo maybe

Well I hope I'm not one of the those guys
Look Sharp/Trade Tight
  • #354,948
  • Dec 30, 2010 11:22am Dec 30, 2010 11:22am
My trades are in intra-week horizon, I usually enter/exit on H1 and watch H4. So if you are not comfortable carrying trades several days, stay out. The intra-day trading at this point is a guesswork, the PA swings are too unpredictable for scalping. I have taken few small scalps this week, however all were in the H4 downslope direction.
  • #354,949
  • Dec 30, 2010 11:22am Dec 30, 2010 11:22am
Quoting PayTheLimit
Well I hope I'm not one of the those guys
no man, not you. Although I was in a short when you where in one of your 327x buys. But I am not talking about you.
  • #354,950
  • Dec 30, 2010 11:22am Dec 30, 2010 11:22am
Quoting piptornado
Has anybody here used someone else's calls that they thought were completely useless and gone against them to make money?

I have been reading through some pages and identified some people that just shout crazy stuff, for the sake of saying something.

I was already in a trade today when one of these guys shouted the opposite of what I was doing. This just made me feel more confident in my trade.

It would be a nice experiment on a demo maybe

Probably could take some of the enteries and SL in the other direction as enteries and TP.
  • #354,951
  • Dec 30, 2010 11:23am Dec 30, 2010 11:23am
Quoting PayTheLimit
I like the target, I just dont know how I would approach the trade. For me, it would be wait for the close under 3266, then look to sell after. Where would you risk it to?
Look something like this....

I typically don't buy unless confirmation, but for not trading this week (wink wink), I have a little cushion to trade with....

If I got a turn on the MACD and confirm on the Stochs M5, I'd even be tempted to hit early...
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #354,952
  • Dec 30, 2010 11:23am Dec 30, 2010 11:23am
Important SR for the moment. Note the price action occuring at these levels highlighted in blue.
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  • #354,953
  • Dec 30, 2010 11:23am Dec 30, 2010 11:23am
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Quoting pinkiaiii
there might be bigger target if people scalled out,I see 3030,what about others ?
I'm around that range as well.

Will probably be pushed there through the Asian session, who knows.

Taking a nap.
  • #354,954
  • Dec 30, 2010 11:24am Dec 30, 2010 11:24am
Quoting piptornado
Has anybody here used someone else's calls that they thought were completely useless and gone against them to make money?

I have been reading through some pages and identified some people that just shout crazy stuff, for the sake of saying something.

I was already in a trade today when one of these guys shouted the opposite of what I was doing. This just made me feel more confident in my trade.

It would be a nice experiment on a demo maybe
reading this thread might not build up your confidence as a trader, just scroll back a few pages when some posters with (whatever 10v means) were screaming a strong trend when in fact it was resistance ~1.33.
Just do your thing
E
  • #354,955
  • Dec 30, 2010 11:25am Dec 30, 2010 11:25am
can someone help me chart usdsgd? whoever is willing to venture any opinion thanks
  • #354,956
  • Dec 30, 2010 11:26am Dec 30, 2010 11:26am
Quoting Magix
Tempted to short to 3249...but might just sip my coffee and wait to see if we find support and run another long to hammer HOD....

itchy fingers wise man still in east still valid with H4 ema200 in mind ,

hows u day bro
  • #354,957
  • Dec 30, 2010 11:27am Dec 30, 2010 11:27am
i had that problem doing it once with fxgreen.. lol.. but anyway.. i dunno.. i learnt to stick to my guns and my trade.. i still think it's going short.. not cause of anything but if you look back at the histories, our 3 red long candles down has yet to happen.. every single damn day there's at least 3 huge red long candles down .. and until i see that happening i dun think i'm ready to go long yet.. the 3 red candles must close above the previous day's bottom to form a higher low in order to justify that. Secondly, on the 1 min chart if you take a look, EMA 20 is running below EMA 62 and 200.. usually when that happens.. Take a look at your chart again please.. it leads to a huge ass down trend so i'm still sticking to down for now.

Lastly, hourly stochs and MACD seems to suggest a downward movement started .. as with the 5 mins which would suggest EMA20 running below EMA62 as well as 200 .. i know these are all technicals and i dun have the time to type out the rationale behind them.. but i stick to patterns... and that's what it seems to suggest right now..short... Again, i may be wrong and if i am wrong and lose my money on that.. then i guess my set up is wrong and i have to review my strategy..

Also, there is absolutely no reason for the eur to go up other then some claims of china to buy their bonds and the ECB seemingly going on a slower momentum purchase of the bonds.. US has definitely been doing much better economy recovery wise and other then a run on their dollar due to QE2 and people flocking to safer havens like Gold.... i don't see why it should fall against the euro.. hence my stance to go short... I have been adding shorts since 1.32354 and my max actual leverage ratio has been hit at 1.328++ at an average of about 1.32540 so i'm not gonna add anymore and see where this ends... if i lose money.. fine so be it.. but i think i learn alot more about the market then i actually did if i just cut my losses and not stick to my guns..
There is no royal road to anything.
  • #354,958
  • Dec 30, 2010 11:28am Dec 30, 2010 11:28am
a kumo breakout, downtrend seems to come in few minutes
- May Buddha bless you.
  • #354,959
  • Dec 30, 2010 11:29am Dec 30, 2010 11:29am
Quoting kill56
itchy fingers wise man still in east still valid with ema200 in mind ,

hows u day bro
All good in the hood Killer...

East for the time my friend, M5 support on deck.

About the only thing that would make me worry about taking a long is the H4 sharp rejection off the 200....
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #354,960
  • Dec 30, 2010 11:31am Dec 30, 2010 11:31am
i expect a wtf... atm usdx at 7963. 7965 is a fib.. over 7971 will start the ball.. its about 8 pips away on usdx.. that about 18 on eu.. about 3244.. no tp in mind ...atm eu 3259 is support..
those who can, do. those who cant, talk about those who can
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