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  • #373,281
  • Jan 26, 2011 2:25pm Jan 26, 2011 2:25pm
Quoting PriceVolume
I'll grant you that. But usually if you go sideways when the trend is sucking wind, breakouts that pop are usually then dumped.
what do you think about eur/gbp monthly chart?
  • #373,282
  • Jan 26, 2011 2:27pm Jan 26, 2011 2:27pm
Quoting khizer
hey Pakistan.
Yes all is well here and me too
  • #373,283
  • Edited Jan 27, 2011 3:33am Jan 26, 2011 2:28pm | Edited Jan 27, 2011 3:33am
Short from 1.3680, TP1 1.3535, TP2 1.3480.
  • #373,284
  • Jan 26, 2011 2:28pm Jan 26, 2011 2:28pm
Quoting gatorinla
its possible..this doesn't stop us from going north after. i was hoping for 2733.. cause its on a 2008 chart i have. lots of dogis at the top. a great week for scalping.
3733 is still a possibility. in reference to the dax there is a major target at the current levels, but with respect to the time, when it should be reached, it needs a couple more days of sideways action. i'm sticking to any straw i can to reveal an intention, as technically, i don't see any for resting here that much longer.
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  • #373,285
  • Jan 26, 2011 2:29pm Jan 26, 2011 2:29pm
Quoting kill56
here u go all of them
Thanks
  • #373,286
  • Jan 26, 2011 2:29pm Jan 26, 2011 2:29pm
Quoting Mr Hatch
then draw them manually. i abandoned any pivot-indicator, because - for me - they just are not what I want.
care to share your spread sheet?

hmmm found a good write up though http://www.babypips.com/school/how-t...ot-points.html
  • #373,287
  • Jan 26, 2011 2:30pm Jan 26, 2011 2:30pm
I think the sun shining little bright today. Or the moon more romantic today..Or the Birds are singing a symphony today...Because I made +300 pips today!!!!!!!
Sorry But I cant help it to share with you guys..
Check out my blog for more info: goo.gl/0Sjsw
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Markets can remain irrational longer than you can remain solvent.
  • #373,288
  • Jan 26, 2011 2:32pm Jan 26, 2011 2:32pm
Quoting gatorinla
ok..
not wanting to sound like a kiss ass, but I've got nothing but respect for ya...
  • #373,289
  • Jan 26, 2011 2:32pm Jan 26, 2011 2:32pm
Quoting Patrick.
care to share your spread sheet?

hmmm found a good write up though http://www.babypips.com/school/how-t...ot-points.html
yes, there are lots of other things you don't see.
you can put it together in a whiff, though.
or just go to www.pivotpointcalculator.com
  • #373,290
  • Jan 26, 2011 2:33pm Jan 26, 2011 2:33pm
Quoting pkimnyc
what do you think about eur/gbp monthly chart?
I think you've got a bull flag trying to go bear. Bear run bounce point was pretty clear...at the moment, I'd treat it more as a triangle...
  • #373,291
  • Jan 26, 2011 2:33pm Jan 26, 2011 2:33pm
we are above ema200 on m5 above the rollover if we close daily here we might see some new highs

line in the sand to me 3740 i might be wrong lets see good luck all
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  • #373,292
  • Jan 26, 2011 2:34pm Jan 26, 2011 2:34pm
Quoting pkimnyc
pa back then was easier.... maybe it's just me...
No, your fine, it's just me and something I like to do. When I can trade my goal is to try and make my 1% or better a day. Also, do it in the least time in the market and few trades as possible.
  • #373,293
  • Jan 26, 2011 2:35pm Jan 26, 2011 2:35pm
Quoting gatorinla
its possible..this doesn't stop us from going north after. i was hoping for 2733.. cause its on a 2008 chart i have. lots of dojis at the top. a great week for scalping.
I'm looking for my first short at 3740 +10/-10, so that's good news that we are looking at the same general area

I manage to give pips back to the market scalping forex. I reserve that for equities. Forex is way to wild for me for that! lol
  • #373,294
  • Jan 26, 2011 2:36pm Jan 26, 2011 2:36pm
Quoting PriceVolume
I think you've got a bull flag trying to go bear. Bear run bounce point was pretty clear...at the moment, I'd treat it more as a triangle...
i meant 2003 - 2007 sideway move....
  • #373,295
  • Jan 26, 2011 2:39pm Jan 26, 2011 2:39pm
Quoting disegnosys
No, your fine, it's just me and something I like to do. When I can trade my goal is to try and make my 1% or better a day. Also, do it in the least time in the market and few trades as possible.
kk
  • #373,296
  • Jan 26, 2011 2:39pm Jan 26, 2011 2:39pm
Oh God What a Range...

Again n again..

Hope you all guys double ur accounts
Trade what you see, Not what you think.
  • #373,297
  • Jan 26, 2011 2:40pm Jan 26, 2011 2:40pm
Quoting Mr Hatch
yes, there are lots of other things you don't see.
you can put it together in a whiff, though.
or just go to www.pivotpointcalculator.com
personally do you use NY close?
  • #373,298
  • Jan 26, 2011 2:41pm Jan 26, 2011 2:41pm
Quoting khizer
Oh God What a Range...

Again n again..

Hope you all guys double ur accounts
lol. i don't know about others but i'm having a very crappy week. i hate range...
  • #373,299
  • Jan 26, 2011 2:42pm Jan 26, 2011 2:42pm
Quoting cloggie
You got that backwards. The pair is driven mainly by dollar news and dollar risk. (the whole world is driven by the dollar with the secondary of any pair being the minor). The good news increases the risk appetite so investors buy US equities, that increases the supply in dollars and therefore the euro climbs as the counterpair. The pair does not necessarily changes price due to both sides of the pair, it only needs one. Trading fx means you are trading in pairs and have 4 different risks that determine the underlying price, it is more complicated...
Thanks for your sharing. Will keep in mind.
  • #373,300
  • Jan 26, 2011 2:42pm Jan 26, 2011 2:42pm
Resistance is so strong around 1.37/1.3720....
Plus, Retail wouldn't buy @ this price now ...
unless down to like 1.3650/70 range
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