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  • #357,841
  • Jan 4, 2011 9:39am Jan 4, 2011 9:39am
Quoting PayTheLimit
I still looking for a long scalp...
this hourly candle is making very difficult to even consider a long atempt, bears looking for a clean break of 3340/50, which could give them some steam for 3273...sitting tight
Look Sharp/Trade Tight
  • #357,842
  • Jan 4, 2011 9:39am Jan 4, 2011 9:39am
Quoting T@rantula
Guys pay attention on USDCHF. 9420 is a crucial point. Im inclined to buy near the trendline m15 timeframe.

That could send EU down. Im long with 20 pips stop...Targets 9470-9500
Touchdown.
  • #357,843
  • Jan 4, 2011 9:40am Jan 4, 2011 9:40am
Quoting cloggie
This is becoming the same old - same old again on this thread. There is so much garbage on here, especially by some 10V older members that the few voices of reason get drowned out and it becomes a self fullfilling prophecy to failure in here. Anybody with an opposing view gets quickly jumped on by the gang of 12-yr olds here and the "newer" traders get lulled into that false sense of superiority and end up supporting the guys that cannot trade.

Some coder should figure out how to take the consensus from this forum, that would make a very powerful...
Thats exactly why I don't come here much.
  • #357,844
  • Jan 4, 2011 9:40am Jan 4, 2011 9:40am
Quoting cloggie
This is becoming the same old - same old again on this thread. There is so much garbage on here, especially by some 10V older members that the few voices of reason get drowned out and it becomes a self fullfilling prophecy to failure in here. Anybody with an opposing view gets quickly jumped on by the gang of 12-yr olds here and the "newer" traders get lulled into that false sense of superiority and end up supporting the guys that cannot trade.

Some coder should figure out how to take the consensus from this forum, that would...
Who are these 10V members you mention?
  • #357,845
  • Jan 4, 2011 9:41am Jan 4, 2011 9:41am
Quoting cloggie
We had about 50 pages here of posts justifying the bull side, and nobody even had a peek at the fundamentals. And traders wonder why 90% of the retailers fail. The average strategy here consists of cointosses and tealeaf reading.
cloggie, fundamentals are important but have hardly any relevance for day-trading which is what the majority is doing here.
At least the bull side last days was pretty rewarding for me...
Don't be a hero. Don't have an ego. Always question yourself
  • #357,846
  • Jan 4, 2011 9:42am Jan 4, 2011 9:42am
Quoting coyoteuglyxxx
[font=Calibri]I’m sitting on the sideline at the moment and just observing the action, not trading till January. It’s interesting to read some of FF’s comments regarding the longer term perspective of E/$ trend and there are quite a few biased opinions. I would not comment if they’re right or wrong... I believe in cycles and if you look at the chart, we are approaching the end of a 10 year cycle (Top, made in Jan’2001). If you look back on your charts you might notice that January often is the month of the year where tops are made and they are not...
Early days yet, but this could well be the beginning of a very nice move lasting a few months on the short side of E$. I was waiting for that to happen and to see loads of bear action. The E$ fundamentals are already pointing south and there was some acceleration on EU side towards the south before xmas. Now the technicals should play their role as well.
One of the rule for cycles is : add 10 years to any major top / bottom and you get a top / bottom. Looks as if when cycles are in play nothing can stop them.
Happy New Year and many green pips to all of you
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Did you place your stop loss order? Why not?!? Story of my life...
  • #357,847
  • Jan 4, 2011 9:42am Jan 4, 2011 9:42am
Quoting stewrigh
Thats exactly why I don't come here much.

I am going to do the same thing this year.
  • #357,848
  • Jan 4, 2011 9:43am Jan 4, 2011 9:43am
Quoting cloggie
I am going to do the same thing this year.
So who are these 10V members you speak of?
  • #357,849
  • Jan 4, 2011 9:44am Jan 4, 2011 9:44am
grrr, it's always the same, when I go one way and let it run, the move is short and I have to wait hours and hours for anything to happen, but when I decide to pay attention I close after 20 pips or so but then the market decides to move hard and fast!

I had a short at 1.3371 but closed around 1.3350 and look it went to 1.333
  • #357,850
  • Jan 4, 2011 9:45am Jan 4, 2011 9:45am
I am still waiting for the bottom to buy
  • #357,851
  • Jan 4, 2011 9:45am Jan 4, 2011 9:45am
Quoting PipChick
So who are these 10V members you speak of?

lol thats me i did call13470's but my sl was 13453
  • #357,852
  • Jan 4, 2011 9:45am Jan 4, 2011 9:45am
Quoting gatorinla
there goes oil...........what about the rest.
Even gold can't resist fall from 1423 to 1382 now straight .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #357,853
  • Jan 4, 2011 9:46am Jan 4, 2011 9:46am
crude selling hard
http://www.futurespros.com/energies/...advanced-chart
making green pips large and red pips small this is my goal.
  • #357,854
  • Jan 4, 2011 9:47am Jan 4, 2011 9:47am
100 pis and close the 2nd 3rd of that short... keeping the last and final short till easter!
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  • #357,855
  • Jan 4, 2011 9:47am Jan 4, 2011 9:47am
Up until 2 hours ago, today was largely bullish. Can't blame people for posting long trades and setups. If one had gone short at the time of the clutch of 1 hr pin bars earlier, you would have been -100 very quickly.

Long and short, both very valid setips today. The trick is to know when to bail.
  • #357,856
  • Jan 4, 2011 9:47am Jan 4, 2011 9:47am
Quoting paul1
crude selling hard
http://www.futurespros.com/energies/...advanced-chart
Not that it's going to make any difference at the pump
Nothing worth having is easy.
  • #357,857
  • Jan 4, 2011 9:48am Jan 4, 2011 9:48am
Quoting fontu
done it but little late , will watch 3320,12 or 3275 or even 3239 . may close at 3320/12 as scalping yet to position at high if get .
fontu

Hello...
perfect, I'm looking to see if I can get .... I recommend selling?
  • #357,858
  • Jan 4, 2011 9:48am Jan 4, 2011 9:48am
strong dollar pound and yen occurring this US session.
rat
  • #357,859
  • Jan 4, 2011 9:49am Jan 4, 2011 9:49am
Quoting ukdaytrader
Up until 2 hours ago, today was largely bullish. Can't blame people for posting long trades and setups. If one had gone short at the time of the clutch of 1 hr pin bars earlier, you would have been -100 very quickly.

Long and short, both very valid setips today. The trick is to know when to bail.
You are exactly right UKDAYTRADER.
  • #357,860
  • Jan 4, 2011 9:50am Jan 4, 2011 9:50am
Quoting paul1
crude selling hard
http://www.futurespros.com/energies/...advanced-chart
88.79 might hold it.
You can remain irrational longer than you can remain solvent.
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