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Price is everything

  • #6,821
  • Jan 26, 2011 7:55am Jan 26, 2011 7:55am
im still waiting for this to blow up above 375x... FOMC meetings usually don't give anything of value and the key interest rate today is not going to be raised either way wheras its more likely with the EU.

some Demand zones getting hit briefly but they held tightly 36705... waiting for this to go up in flames...
  • #6,822
  • Jan 26, 2011 8:12am Jan 26, 2011 8:12am
Quoting redsword11
bought more

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need this current bull to close solid above level - then its ass is mine



the spread on this is nuts - so it looks like late entries but its not
  • #6,823
  • Jan 26, 2011 8:25am Jan 26, 2011 8:25am
Quoting Sdvsa
CHFJPY in the middle of something:
http://img822.imageshack.us/img822/1...10126fym15.png
CHF is most volatile pair after yesterday's bombings.
Just a follow-up,
didn't take it, although engulfing was in place.
http://img99.imageshack.us/img99/447...0126fym15a.png
  • #6,824
  • Jan 26, 2011 8:52am Jan 26, 2011 8:52am
Quoting redsword11
@ 1290.75 stops @ 1297.75


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EU will correct .........
  • #6,825
  • Jan 26, 2011 9:00am Jan 26, 2011 9:00am
Man, you've got 4 eyes and 6 hands or what ?

Quoting redsword11
Attachment



EU will correct .........
Hello.
  • #6,826
  • Jan 26, 2011 9:02am Jan 26, 2011 9:02am
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  • #6,827
  • Jan 26, 2011 9:12am Jan 26, 2011 9:12am
That was a very wicked response to the bad homesale figures...
  • #6,828
  • Jan 26, 2011 9:14am Jan 26, 2011 9:14am
Cric Crac here comes the crab

EDIT : closed half +30. SL at BE. Wicked

Quoting redsword11
Attachment
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 19 KB
Hello.
  • #6,829
  • Jan 26, 2011 9:14am Jan 26, 2011 9:14am
Quoting Orbital
That was a very wicked response to the bad homesale figures...
Business as usual
  • #6,830
  • Jan 26, 2011 9:19am Jan 26, 2011 9:19am
Quoting Sdvsa
Business as usual
Cant imagine how many people just got stopped out by looking at the data for decemeber being good.. entering a short on eurusd and completely ignoring the fact that homesale are down about 14% for the year 2010 and have been down for the past 5 years...

very sick...
  • #6,831
  • Jan 26, 2011 9:21am Jan 26, 2011 9:21am
Quoting Orbital
Cant imagine how many people just got stopped out by looking at the data for decemeber being good.. entering a short on eurusd and completely ignoring the fact that homesale are down about 14% for the year 2010 and have been down for the past 5 years...

very sick...

thats a first


what you have written just now is the first fundemantal report l have ever read
  • #6,832
  • Jan 26, 2011 9:22am Jan 26, 2011 9:22am
Quoting redsword11
thats a first


what you have written just now is the first fundemantal report l have ever read
Is that a good thing or a bad thing?
  • #6,833
  • Jan 26, 2011 9:28am Jan 26, 2011 9:28am
Quoting Orbital
Is that a good thing or a bad thing?


makes no odds to me what news, what figures, none of it


all misdirection - never gets reflected as it should in price, all designed to put retail on the wrong side of the market



sell the rumour, buy the news or vice versa, load of nonesense and no method in it either



anyway, just a minor vent, back to reading price
  • #6,834
  • Jan 26, 2011 9:33am Jan 26, 2011 9:33am
Quoting redsword11
makes no odds to me what news, what figures, none of it


all misdirection - never gets reflected as it should in price, all designed to put retail on the wrong side of the market



sell the rumour, buy the news or vice versa, load of nonesense and no method in it either



anyway, just a minor vent, back to reading price
I don't disagree that News is full of shit always has and always will be, all those messages are pretaped/written and released at the proper time to confuse people. Which is why trading supply/demand and priceaction is just so much more effective. I'm a scalper either way, barely have patience for longterm trades that take hours to unfold.

Either way, im thoroughly enjoying your posts and charts Dont like harmonics and patterns but the PA analysis is excellent. Have learned a lot from watching your charts.
  • #6,835
  • Jan 26, 2011 9:59am Jan 26, 2011 9:59am
bought usddkk
  • #6,836
  • Jan 26, 2011 10:23am Jan 26, 2011 10:23am
Quoting redsword11
bought usddkk


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...... and scalped
  • #6,837
  • Jan 26, 2011 10:27am Jan 26, 2011 10:27am
Quoting Orbital
I don't disagree that News is full of shit always has and always will be, all those messages are pretaped/written and released at the proper time to confuse people. Which is why trading supply/demand and priceaction is just so much more effective. I'm a scalper either way, barely have patience for longterm trades that take hours to unfold.

Either way, im thoroughly enjoying your posts and charts Dont like harmonics and patterns but the PA analysis is excellent. Have learned a lot from watching your charts.
Attached Image




cheers


....... not that l drink, cough
  • #6,838
  • Jan 26, 2011 10:44am Jan 26, 2011 10:44am
bought aud @ 0.99384 stops @ 0.99173



all in
  • #6,839
  • Jan 26, 2011 10:50am Jan 26, 2011 10:50am
Quoting redsword11
bought aud @ 0.99384 stops @ 0.99173



all in

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monitor PA for tg
  • #6,840
  • Jan 26, 2011 10:59am Jan 26, 2011 10:59am
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scalping gold
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