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  • #379,121
  • Feb 3, 2011 10:17am Feb 3, 2011 10:17am
Before & After
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 15 h4 jan 26 2011.gif Size: 23 KB
Click to Enlarge Name: 16 h4 feb 3 2011.gif Size: 25 KB
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #379,122
  • Feb 3, 2011 10:18am Feb 3, 2011 10:18am
out 3634
  • #379,123
  • Feb 3, 2011 10:19am Feb 3, 2011 10:19am
Sell any retrace. S2 is near .3700 but I doubt we get there today.
  • #379,124
  • Feb 3, 2011 10:21am Feb 3, 2011 10:21am
Don't buy... but we are sitting at the 50 of the last down move on the daily charts. Bulls... don't kid yourself... the euroexhuberence is dead.
  • #379,125
  • Feb 3, 2011 10:23am Feb 3, 2011 10:23am
Quoting samdani786
Before & After
its always simple in history
  • #379,126
  • Feb 3, 2011 10:23am Feb 3, 2011 10:23am
Quoting Gleneagles
+102 (8 X 12) +6

mtd +261
Well done. I am getting the hang of the 12 pip profit but I should have turned my monitor upside down this week. Today I have recovered my losses so all is well.

Cheers!
  • #379,127
  • Feb 3, 2011 10:25am Feb 3, 2011 10:25am
Put the daily pivots on a 15 chart. When price is above look to buy. Below... look to sell. Picking bottoms and tops is a suckers game.
  • #379,128
  • Feb 3, 2011 10:25am Feb 3, 2011 10:25am
Quoting samdani786
Before & After
Nice call Sandani.
  • #379,129
  • Feb 3, 2011 10:25am Feb 3, 2011 10:25am
watching 48.9 or 80.7+ a few to short..with a candle 48.9 is the mid
those who can, do. those who cant, talk about those who can
  • #379,130
  • Feb 3, 2011 10:26am Feb 3, 2011 10:26am
Quoting johnnyarnold
Don't buy... but we are sitting at the 50 of the last down move on the daily charts. Bulls... don't kid yourself... the euroexhuberence is dead.
this time it wanna go up towards 3649, 3655 and 3661.. may be fresh shorts at 3661.. i dont know about others.. but i do..
  • #379,131
  • Feb 3, 2011 10:26am Feb 3, 2011 10:26am
Quoting Traderji
Ever seen how that scammer Cloggie never posts his entries or rarely his exits. Just post facto he will declare today market moved XXX pips and somehow it is all due to him. In fact none of the pips he claims can ever be verified because there are never any concrete entries or exits that can be checked.

Seriously open your eyes people. Don't fall for his bullshit. The only way to succeed is through knowledge.

- Read the books by Martin Pringle & Suri Duddella. I cannot stress this part enough. These are the true teachers.

- Go through the webinars...
Okay, I'm not a kissass but Cloggie isn't a scammer. I don't follow his levels and I don't particularly care how he enters/exits trades, but he has passed on knowledge that has proved to be invaluable.

I don't trade like him, or like many on this thread, but I carry on reading because of the odd snippet of information that is useful - think about the explanations he gives about the fundies, about correlations etc.

We are do it differently, and I can appreciate his style may not be to everyone's taste, but he does contribute a great deal.

Just stick him on ignore if he bothers you that much.
  • #379,132
  • Feb 3, 2011 10:27am Feb 3, 2011 10:27am
Wonder if this is the range until NFP ...

Don't forget for next week/next 30 days, BAD blizzard across the Midwest will damper U.S. data for short term ...

Chicago public schools have first snow day in 12 years today supposedly ...
  • #379,133
  • Feb 3, 2011 10:27am Feb 3, 2011 10:27am
Quoting mikej2010
http://www.federalreserve.gov/careers/default.htm
Appreciate it. Not for the link.
  • #379,134
  • Feb 3, 2011 10:28am Feb 3, 2011 10:28am
Quoting AllyB
Well done. I am getting the hang of the 12 pip profit but I should have turned my monitor upside down this week. Today I have recovered my losses so all is well.

Cheers!
Great...today was pretty much one way traffic, as long as you don`t hit a counter buy you should have won all of the sell trades.
" Never let the past hold the future to ransom "
  • #379,135
  • Feb 3, 2011 10:30am Feb 3, 2011 10:30am
Quoting Gleneagles
Great...today was pretty much one way traffic, as long as you don`t hit a counter buy you should have won all of the sell trades.

Hey Gleneagles and AllyB

Could you explain your strategy - if you have time?

Thanks!
  • #379,136
  • Feb 3, 2011 10:31am Feb 3, 2011 10:31am
Quoting Gleneagles
Great...today was pretty much one way traffic, as long as you don`t hit a counter buy you should have won all of the sell trades.
All sell trades ... up 106 and out for the day. Tomorrow should be interesting also
  • #379,137
  • Feb 3, 2011 10:33am Feb 3, 2011 10:33am
Quoting Mr Hatch
I don't take this risk, I am patiently waiting. But I need to split up the next position to be able to take profit, depending on the possible bounce and wave-count.

infinitus, I tried, but don't understand your last post without visual aid.
Hi Mr. Hatch,

sorry for confusion :-)

I think, we have seen a 1-2 (1-2-3-4-5) and now in a wave 4.

Wave 2 retraced nearly 62% of wave 1, so expect a more or less flat correction for wave 4. 3671 would be a nice target (area of subwave 4 of wave 3).

I expect price to bounce up and down in this area for next hours. Wave 2 took almost 12 hours.

Meaning of my last post was:

the top is in and now we are heading in direction to 1.18 :-)

Or as Gator would say: Zero
  • #379,138
  • Feb 3, 2011 10:34am Feb 3, 2011 10:34am
Quoting egymedo
hiii pls my bro tell me i am long now but it -30 now because i see it is oversell

tell me where it will go (correction)
if you trade in indis alone.. you just assume save your time and flush your cash. i just posted a little retrace. a mid not hit is rare. as you and all the others exit it will go lower.
those who can, do. those who cant, talk about those who can
  • #379,139
  • Feb 3, 2011 10:35am Feb 3, 2011 10:35am
Quoting AllyB
All sell trades ... up 106 and out for the day. Tomorrow should be interesting also
Excellent! All you need now is to work on consistency?
" Never let the past hold the future to ransom "
  • #379,140
  • Feb 3, 2011 10:36am Feb 3, 2011 10:36am
If you fib today's move down the 38.2 is close to .3700. That should act as a brick wall if we retrace that far.
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