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  • #368,941
  • Jan 20, 2011 6:04am Jan 20, 2011 6:04am
A very good opportunity to get long on gold and silver....
OPPORTUNITY LIES WHERE THE MAJORITY IS AFRAID TO GO....
  • #368,942
  • Jan 20, 2011 6:04am Jan 20, 2011 6:04am
  •  damo
  • | Joined Aug 2010 | Status: Chart Pattern & Trend Trader | 217 Posts
Looky a bit toppy
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Trade what you see, not what you think.
  • #368,943
  • Jan 20, 2011 6:04am Jan 20, 2011 6:04am
Quoting fontu
so by this time it fall strong with positive Unemployment Claims US but bull still under controll , price not below 3416 but my sl hit at positive level , ok . retake again .
lets see .
fontu

Am looking at a bounce here too, not going to take it though, want to see what NY does in 20
  • #368,944
  • Jan 20, 2011 6:04am Jan 20, 2011 6:04am
Quoting T@rantula
News reaction and its actually good. Bulls need retracement, bears need a pullback.

We traders trade exactly what we are offered, at least I do. I really dont matter bull vs bear fight, I like to bite them both.

Exactly said its not bull vs bear ? but we should capitalize on what we get

but i sensed this because there was some what slowness in euro today and when it was off at 1.3425 range where the TL supports are based ' there was no real momemtum and instead before news it was almost back to the same range " so i got this PA offering a TL break for some time in the coming ?

what would you think ha ?
finding A M S
  • #368,945
  • Jan 20, 2011 6:06am Jan 20, 2011 6:06am
buy low sell high dow s/p.. spreads between u.s. and Germany are getting tighter. just as they did at 4280.
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those who can, do. those who cant, talk about those who can
  • #368,946
  • Jan 20, 2011 6:06am Jan 20, 2011 6:06am
I posted this here and got ridiculed........so I am back for some more......looking for that German guy............

This is how the TIME PRINT TURNED OUT

GOODBYE! I leave you humbly to watch the news .....lol
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  • #368,947
  • Jan 20, 2011 6:06am Jan 20, 2011 6:06am
Quoting roxen99
A very good opportunity to get long on gold and silver....
not yet brother...i still there
  • #368,948
  • Jan 20, 2011 6:07am Jan 20, 2011 6:07am
oil been dropping since 9:00 london time and just fell off a cliff down 1.5% on the day.
It continues to lead this pair while i been monitoring it.
making green pips large and red pips small this is my goal.
  • #368,949
  • Jan 20, 2011 6:07am Jan 20, 2011 6:07am
USD/CHF rally up like crazy, i don't think it's time for longs for eur due to that wedge and pinbar on h4.
  • #368,950
  • Jan 20, 2011 6:08am Jan 20, 2011 6:08am
uhmmmm!
  • #368,951
  • Jan 20, 2011 6:08am Jan 20, 2011 6:08am
Quoting cloggie
Totally with you, I change direction and bias faster then a slapper changes knickers.

The trend bias discussion on this thread is fun at times, but the last few days we have been ranging on the larger timeframes and one needs to be nible.

Ducking and Diving is the only strategy here, leave your bias at the door. No longer term position trades available yet.
Exactly. The ability to adapt to environments is not an exclusive right of chameleons. Serious traders adapt also. We are not slaves to bias.
  • #368,952
  • Jan 20, 2011 6:10am Jan 20, 2011 6:10am
Quoting T@rantula
Exactly. The ability to adapt to environments is not an exclusive right of chameleons. Serious traders adapt also. We are not slaves to bias.
you a nice comment.
  • #368,953
  • Jan 20, 2011 6:11am Jan 20, 2011 6:11am
levels to watch u know what to do enjoy
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  • #368,954
  • Jan 20, 2011 6:11am Jan 20, 2011 6:11am
Quoting T@rantula
Exactly. The ability to adapt to environments is not an exclusive right of chameleons. Serious traders adapt also. We are not slaves to bias.

We've only moved a little more then 200 pips in a week, no position trades out there, I will keep playing both sides of the chart, not going to sit and wait for a long term trade unlike some here. The market is in limbo, can't pick between the 2 ugly sisters right now and doesn't want either.

Both euro and cable are exactly where we started today. One needs to adapt.
  • #368,955
  • Jan 20, 2011 6:11am Jan 20, 2011 6:11am
Quoting fontu
so by this time it fall strong with positive Unemployment Claims US but bull still under controll , price not below 3416 but my sl hit at positive level , ok . retake again .
lets see .
fontu

Really appreciate your view as i say this the usd was little weak upto this news was out so euro was in rally and reached new highs but now usd is also strong with the better news So it will be the volumes which decides and some hard technicals too : so as of now even euro is not weaker yet lets see how the PA will setup? for today its usd which gains partly against euro but more against others 'nope
finding A M S
  • #368,956
  • Jan 20, 2011 6:14am Jan 20, 2011 6:14am
Quoting cloggie
Am looking at a bounce here too, not going to take it though, want to see what NY does in 20
yeah , thats good , if this bull fail take action soon & price breaks & hold 3416/10 or better say 3400 then the unexpected 3311 card may come into scene & still bull can be fine .lets see .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #368,957
  • Jan 20, 2011 6:15am Jan 20, 2011 6:15am
Quoting gatorinla
i scalp whats given and just move the ole sl up/down. when it dont hold 3516. i become a bear. its good for 1000 pips either side.
3516 unable to hold.. hmmmmmmmmmmmmm
those who can, do. those who cant, talk about those who can
  • #368,958
  • Jan 20, 2011 6:15am Jan 20, 2011 6:15am
Quoting fontu
yeah , thats good , if if this bull fail take action soon & price breaks & hold 3416/10 or better say 3400 then the unexpected 3311 card may come into scene .lets see .
fontu

The real money today is in swissy and commodities.
  • #368,959
  • Jan 20, 2011 6:16am Jan 20, 2011 6:16am
Quoting gatorinla
3516 unable to hold.. hmmmmmmmmmmmmm

And we are testing both the Asia low and the Franky fake right now, this bounce may well come to nothing. I am going to wait for the extra vols in 15.
  • #368,960
  • Jan 20, 2011 6:17am Jan 20, 2011 6:17am
Quoting cloggie
We've only moved a little more then 200 pips in a week, no position trades out there, I will keep playing both sides of the chart, not going to sit and wait for a long term trade unlike some here. The market is in limbo, can't pick between the 2 ugly sisters right now and doesn't want either.
Good day to you,

Nice to see you post.

Watching PA - we have seen trap after trap after trap... So I concur. Longer term positions are out - has been out for the last 48hrs. Tough conditions.

Almost all important levels enticed and killed. Both ways...

I need a drink.

All the best
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