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  • #399,241
  • Mar 2, 2011 10:27am Mar 2, 2011 10:27am
Quoting Chicky
I am looking forward to 1.3302 just like I looked for 1.3978 few weeks ago when it was at 1.3302. Please do remember it may or may not happen.
Leave first and last few pips.
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The Thief of Wall Street
  • #399,242
  • Mar 2, 2011 10:30am Mar 2, 2011 10:30am
Quoting FibbinArchie
Gator, what does st stand for?
short term
those who can, do. those who cant, talk about those who can
  • #399,243
  • Mar 2, 2011 10:31am Mar 2, 2011 10:31am
Quoting Chicky
Leave first and last few pips.
Thanks for that info.
  • #399,244
  • Mar 2, 2011 10:32am Mar 2, 2011 10:32am
Quoting sisse
........... and is a sucker game to blindly fade those levels........

sisse
Exactly a number is a number and I never trade based on a number(s) without other confirming factors - and never as an intended scalp.

I may make a trade that turns into a scalp (or get scalped ) because the trade is no longer valid but my style is to trade hourly and daily and not seconds and minutes.
  • #399,245
  • Mar 2, 2011 10:33am Mar 2, 2011 10:33am
Quoting gatorinla
short term
Ty...
  • #399,246
  • Mar 2, 2011 10:33am Mar 2, 2011 10:33am
Quoting PipPipPip
tight sl @ 3705. crazy beginning day. still in long position
I see a resistance at 3925. If we hold some support there, we will see a down turn. Still holding my long. Currently +185pips for a three day patient. woo woo!!!!
  • #399,247
  • Mar 2, 2011 10:35am Mar 2, 2011 10:35am
progress good but not enough & next target should be 3933 .Gold , oil above all resistances , now support , dow made move but not enough yet .
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #399,248
  • Mar 2, 2011 10:36am Mar 2, 2011 10:36am
Quoting PipPipPip
i held my long from 3806 before 2/28 closed, and took in +45 pips. waited to retract back down to 3800 and going at it again with a TIGHT sl. if no break at 39xx, we might see a retraction back to 34xx, and this is given the current fundamentals of eu. trade safe. tight sl. wooooo
will be banking in +$855USD in motion. yeah har!
  • #399,249
  • Mar 2, 2011 10:37am Mar 2, 2011 10:37am
Quoting sisse
I don't use daily pivots but IMHO and common sense said that if price is in either R2 or R3 means trendy mode and is a sucker game to blindly fade those levels.... but I guess fast scalpers know better....

sisse
probability is that you will at the very least get a minor bounce if not a decent retrace, not advisable to enter a position trade situation against the trend, but usually good for a few pips, they all add up...
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  • #399,250
  • Mar 2, 2011 10:41am Mar 2, 2011 10:41am
Dang, you know somethings up when noobs are making a killing and I'm getting the torture rack today.
  • #399,251
  • Mar 2, 2011 10:43am Mar 2, 2011 10:43am
Quoting Warwick
Dang, you know somethings up when noobs are making a killing and I'm getting the torture rack today.
just look at charts, have patience, and have confidence
  • #399,252
  • Mar 2, 2011 10:43am Mar 2, 2011 10:43am
Quoting Warwick
Dang, you know somethings up when noobs are making a killing and I'm getting the torture rack today.
what's wrong with noobs making a killing?
  • #399,253
  • Mar 2, 2011 10:47am Mar 2, 2011 10:47am
Quoting pkimnyc
what's wrong with noobs making a killing?

Nothing at all! ... guess what i meant was that trading these past few days have become incredibly easy, too easy. just sell the dollar, buy gold/silver and voila.. profits. Its mind boggling
  • #399,254
  • Mar 2, 2011 10:48am Mar 2, 2011 10:48am
Quoting Warwick
Dang, you know somethings up when noobs are making a killing and I'm getting the torture rack today.
you might get a post london counter, we're over daily average...

potentially another drive in it as well (bounced @ 65 minor sup previous res) so take care...
  • #399,255
  • Mar 2, 2011 10:49am Mar 2, 2011 10:49am
Quoting jezek5
Looks like they want them euros.
Click through for earlier chart,lots of buying in them 2 bullish outside
bars,i guess down to 3835 or so now.
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You can remain irrational longer than you can remain solvent.
  • #399,256
  • Mar 2, 2011 10:50am Mar 2, 2011 10:50am
Quoting Warwick
Nothing at all! ... guess what i meant was that trading these past few days have become incredibly easy, too easy. just sell the dollar, buy gold/silver and voila.. profits. Its mind boggling
Just enjoy it while it last. Market behavior can change any time.
Play by the house rules.
  • #399,257
  • Mar 2, 2011 10:50am Mar 2, 2011 10:50am
Quoting Warwick
Nothing at all! ... guess what i meant was that trading these past few days have become incredibly easy, too easy. just sell the dollar, buy gold/silver and voila.. profits. Its mind boggling
as far as gold, it has been that way for years now ..

as far as Euro, I have to disagree ... we have been range bound and will most likely remain until all the data comes out this week starting in 12-24 hours

dollar has gone up & down a couple times so far ...
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  • #399,258
  • Mar 2, 2011 10:52am Mar 2, 2011 10:52am
Quoting sisse
I don't use daily pivots but IMHO and common sense said that if price is in either R2 or R3 means trendy mode and is a sucker game to blindly fade those levels.... but I guess fast scalpers know better....

sisse
Not a huge fan of pivots as you know my friend

Epic fucking day scalping AUDUSD to be honest. EURUSD and gu were so fucking lol.

Had GU longtrades very profitable. EU i stayed out of completely, even thoughi was preaching longs, even though my analysis showed longs, i feel uncomfortable in trades lasting longer than 2-3 minute. Besides there is nothing to scalp if there is only one way to go.

Oil Futures were fucking amazing today. Gas futures are dirt cheap, considering buying some longterm gas positions rights now.
  • #399,259
  • Mar 2, 2011 10:52am Mar 2, 2011 10:52am
Quoting FibbinArchie
you might get a post london counter, we're over daily average...
if that the case, I would expect 3848/59 to be support..hope all is well F/A..
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Look Sharp/Trade Tight
  • #399,260
  • Mar 2, 2011 10:58am Mar 2, 2011 10:58am
Quoting pkimnyc
Just enjoy it while it last. Market behavior can change any time.

First Law of Motion takes back seat when Second Law of Motion wakes and Second Law of Motion goes out of the door when Third Law of Motion acts. This is how it goes. Some call such phenomina "WTF Just Happened".
The Thief of Wall Street
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