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  • #361,741
  • Jan 10, 2011 5:22am Jan 10, 2011 5:22am
so gone beyounf first hand stop & next pullback levels may test then before the decision, nothing special yet .bear in the market.
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #361,742
  • Jan 10, 2011 5:22am Jan 10, 2011 5:22am
Quoting BrunargarFx
That was my point, they don't believe in God but in Gods (except for the muslim part of their population), I could have been clearer...
Being from India, I have to say that our Gods will not help forex or stock traders.

Its because if I pray for price up, there are thousands of people praying for price down. So God will not take any part.

In financial market, dont pray and dont hope. If your analysis is correct, you will get return..
totutu
  • #361,743
  • Jan 10, 2011 5:23am Jan 10, 2011 5:23am
Quoting gatorinla
ron paul... wants the central banks to fail.. the past dont matter. he funds the imf (u.s. portion).. there is no political will in the u.s. to fund other countries. this is a different time.
having banks pay for there own mistakes is a free market. nothing gloomy about it. gloomy is having the citizens (and their grand kids) pay for the mistakes of others.
AMEN.
  • #361,744
  • Jan 10, 2011 5:27am Jan 10, 2011 5:27am
Hey, look: what I was writing 12h before got proved
http://j.mp/ewK7er

I put SELL @ 1.293 with SL 1.3015; TP isn't fixed
  • #361,745
  • Jan 10, 2011 5:29am Jan 10, 2011 5:29am
Quoting gatorinla
short 2932
I'm also short at 2932 looking for 10 pips
The Mind creates reality.
  • #361,746
  • Jan 10, 2011 5:30am Jan 10, 2011 5:30am
Quoting Tovinces
Hey, look: what I was writing 12h before got proved
http://j.mp/ewK7er

I put SELL @ 1.293 with SL 1.3015; TP isn't fixed
hmm I just added long there...
  • #361,747
  • Jan 10, 2011 5:30am Jan 10, 2011 5:30am
the pipe is working
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  • #361,748
  • Jan 10, 2011 5:31am Jan 10, 2011 5:31am
Quoting forexclover
Being from India, I have to say that our Gods will not help forex or stock traders.
Why? What's wrong with us traders? And what's wrong with them? Thank God we have Jesus.

  • #361,749
  • Jan 10, 2011 5:32am Jan 10, 2011 5:32am
Quoting kill56
the pipe is working
Kill, I love it when you post your short term MML.... cos your descriptions crack me up! TH Murrey would be proud
A pip is only worth it if you know how much you risked to earn it
  • #361,750
  • Jan 10, 2011 5:33am Jan 10, 2011 5:33am
Quoting vlady1974
I think I'm beginning to understand this....

You are getting there, BTW see how we are a perfect 40 up from where you shorted the failure of the low? Would I short this here for a 20 retrace, no, there is more room to the upside here. A test of 2943 would suit me just fine.
  • #361,751
  • Jan 10, 2011 5:34am Jan 10, 2011 5:34am
H : hit supportline
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  • #361,752
  • Jan 10, 2011 5:38am Jan 10, 2011 5:38am
Quoting cloggie
You are getting there, BTW see how we are a perfect 40 up from where you shorted the failure of the low? Would I short this here for a 20 retrace, no, there is more room to the upside here. A test of 2943 would suit me just fine.
+or -5 is not bad
  • #361,753
  • Jan 10, 2011 5:38am Jan 10, 2011 5:38am
Hi

Closed long from 2935 at be. Think this will have a small down or a consolidation..

Will buy the setup or the break of high..

P.S. Looking for 2910-20 for a setup.
  • #361,754
  • Jan 10, 2011 5:38am Jan 10, 2011 5:38am
Quoting BrunargarFx
I had a signal to buy at 1.2916 on M5 (scalping system I use) but did not go for it. Using the 40pips up (1.2896 - 1.2936) - 20pips down, I suspect that I should wait for price to go back down to 1.2916 (-20pips) before entering?
What do you think?
measure any leg and use 50% fib works exactly the same .exact pip movement dont happen consistently.not exactly 40,20 i mean.
the 50% fib i find surprisingly accurate on any time frame.
making green pips large and red pips small this is my goal.
  • #361,755
  • Jan 10, 2011 5:39am Jan 10, 2011 5:39am
Quoting gatorinla
having banks pay for there own mistakes is a free market. nothing gloomy about it. gloomy is having the citizens (and their grand kids) pay for the mistakes of others.
We agree on that one Gator. However, that is exactly the problem and you give a very good point for my argument before. US will put more than money if Europe and the world economy collapse. National interest will prevail over free economics.

I don't remember the US allowing free markets to play with GM, or Fannie and Freddie, Citibank (and the list can go forever)... I don't expect to stop the US (and everybody else) printing money to artificially pump the economy. Free economics is a chimera and not mainly because of the economic side but 'cause of the politics and national interest involved on it.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #361,756
  • Jan 10, 2011 5:41am Jan 10, 2011 5:41am
i'm long 1.2921
  • #361,757
  • Jan 10, 2011 5:43am Jan 10, 2011 5:43am
Trichet in 15 mins, I am flat.
  • #361,758
  • Jan 10, 2011 5:44am Jan 10, 2011 5:44am
Quoting cloggie
You are getting there, BTW see how we are a perfect 40 up from where you shorted the failure of the low? Would I short this here for a 20 retrace, no, there is more room to the upside here. A test of 2943 would suit me just fine.
Yes I did notice!

Ok. The 2943 is close to Daily Pivot and is in between 2 oversold Murrey Levels for reversal.

So the play for an ending cycle is to wait for a price confirmation against a price level where there's confluence?.... and not to pick tops/bottoms etc...
A pip is only worth it if you know how much you risked to earn it
  • #361,759
  • Jan 10, 2011 5:46am Jan 10, 2011 5:46am
Hi Forex clover,
Hope I did not offend you in any way (If I did I apologise but was nt my intention).
I think your response is quite right!

Quoting forexclover
Being from India, I have to say that our Gods will not help forex or stock traders.

Its because if I pray for price up, there are thousands of people praying for price down. So God will not take any part.

In financial market, dont pray and dont hope. If your analysis is correct, you will get return..
  • #361,760
  • Jan 10, 2011 5:46am Jan 10, 2011 5:46am
Quoting buonvangvn
i'm long 1.2921
add long 1.2911
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