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  • #403,141
  • Mar 9, 2011 2:56am Mar 9, 2011 2:56am
Quoting T@rantula
Sisse,

if you are late with the short you can go with 60 points s/l now.

short it around 3870 3928 s/l.

My chart still shows bearish momentum
I have the picture very clear but I am eating shit I closed my daily from a very nice entry yesterday a few minutes before todays move...dont ask why.

Thnks and I agree with the entry. In my books If rejection of monthly highs 1.386x is confirmed this is a easy move to next daily S 1.376x with max overshoot 1.371x this week.

I am scaling in shorts lightly from here and waiting for confirmation as soon as yesterday lows holds as R in intraday timeframes (h1 and h4). Obviously I will need to babysit and pay the price of closing too soon

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #403,142
  • Mar 9, 2011 2:56am Mar 9, 2011 2:56am
Quoting Shah22
same view here.. but i just picked a small long scalp because 3856 was my 30m support.. will see this hourly close.. above 3873 then i will keep my long till 3884.. below that then i must have to exit..
Well you know me. I go with the hourly charts. If i scalp, its only 5m charts.

I dont see any point in 1m. Its just the way I do and what I have been taught.

Top of the hour or m15 entries work best.

My head doesnt hurt as I dont need to stare at charts.
  • #403,143
  • Mar 9, 2011 2:57am Mar 9, 2011 2:57am
if it reaches 78, that is about the 50% pull back ....
  • #403,144
  • Mar 9, 2011 2:57am Mar 9, 2011 2:57am
Quoting Texas.Rich
you trade solely off of MA's & non-existent volume .. you are a rare commod. that should epically fail but some how you don't.

As a mayor would say to a unique business owner, way to find a niche in the market ... now trademark that Sh*t
heh..
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #403,145
  • Mar 9, 2011 2:58am Mar 9, 2011 2:58am
Quoting gatorinla
i never put it to a pencil and pad.. im assuming the bottom will hold till the hour closes.
understood...
Look Sharp/Trade Tight
  • #403,146
  • Mar 9, 2011 2:59am Mar 9, 2011 2:59am
Quoting Magix
heh..
do you like kittens? cute furry ones? if soo ... {indirect reference to you sig.; having nothing to do with a trade}
  • #403,147
  • Mar 9, 2011 2:59am Mar 9, 2011 2:59am
Quoting PayTheLimit
understood...
My Primary trade is a long on a dip to 1.3860 support zone with STRONG candlestick confirmation. If it isn’t there then I won’t trade – just not worth it with the USD recovery looking like it is picking up steam. From 1.3860 targets are at 1.3885, 1.3915, 1.3945 and 1.3970. Secondary trade will be a short below 1.3850 on a sustained break with targets down to 1.3780 for 70 pips.
  • #403,148
  • Mar 9, 2011 3:01am Mar 9, 2011 3:01am
Quoting sisse
I have the picture very clear but I am eating shit I closed my daily from a very nice entry yesterday a few minutes before todays move...dont ask why.

Thnks and I agree with the entry. In my books If rejection of monthly highs 1.386x is confirmed this is a...
Well mate, I have closed my GU long prematurely. I would have been 30 + pips in profit now, but u know I rarely keep overnight trades when I go intraday.
  • #403,149
  • Mar 9, 2011 3:02am Mar 9, 2011 3:02am
Quoting T@rantula
I wouldnt long now but good luck mate.
Hi T@rantula,

you may be right. My decision was based on a god setup of Murrey Math on different TF's mainly.

Second reason I play this is that I think that we have now (eventually) the C-leg of an ABC-flat correction.

If I am right the impulse up could end at 3888 (61.8 of A) or 3908 (100% of A).

But I definitively have a close eye at it.

SL moved to BE

Note: based on the now evolving structure an ABC-flat seems unlikely, since the move up looks more corrective than impulsive
  • #403,150
  • Mar 9, 2011 3:02am Mar 9, 2011 3:02am
Quoting Texas.Rich
do you like kittens? cute furry ones? if soo ... {indirect reference to you sig.; having nothing to do with a trade}
Now just how can you not love a nice little pussy?

Cat that is...

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #403,151
  • Mar 9, 2011 3:03am Mar 9, 2011 3:03am
Quoting Magix
Now just how can you not love a nice little pussy?

Cat that is...



wise man did u try the rsx
  • #403,152
  • Mar 9, 2011 3:03am Mar 9, 2011 3:03am
Quoting Magix
Now just how can you not love a nice little pussy?

Cat that is...

its down right now for some reason {server issues; stupid server software}

but check out

http://ytmnd.com/

& MAKE SURE you read up on the story of the cat that is featured everywhere. Kind of hte 'internet cult classic' sort of thing ...
  • #403,153
  • Mar 9, 2011 3:04am Mar 9, 2011 3:04am
Quoting gatorinla
i never put it to a pencil and pad.. im assuming the bottom will hold till the hour closes.
kinda like it did.. we need a close below 3873.. to continue the shorts. with a breakout.
those who can, do. those who cant, talk about those who can
  • #403,154
  • Edited Apr 8, 2011 1:22am Mar 9, 2011 3:06am | Edited Apr 8, 2011 1:22am
Quoting mercy seat

European Forex Technicals: EUR/USD Rally To Reach 1.4000
4 Mar 2011, 08:14
By Francis Bray

Intraday EUR/USD: The psychologically-important 1.4000 level is now within striking distance, following Thursday's upward push. The 1.618 Fibonacci extension target at 1.4009 is the...



European Forex Technicals: USD Recovery Gathering Pace
9 Mar 2011, 08:07
By Francis Bray (TRADING Central)
The Dow Jones Newswires Technical Analysis Partner



Intraday EUR/USD: The recovery off Tuesday's low at 1.3862 is struggling, and corrective gains are capped beneath 1.3950. The lateral consolidation phase between 1.3862 and 1.3925 is likely to extend, but there is growing risk of an extended corrective setback below 1.3862 towards the 1.3800 area, before finding a base. Only a push above 1.3950 would bring Monday's four-month high at 1.4036 back into the picture.

Weekly chart EUR/USD trend: Bullish.



Intraday USD/JPY: Last week's high at 83.09 is set to face renewed bull pressure following Tuesday's gains. Monday's low at 81.95 is set to become a higher low, and a break through 83.09 would create room for further gains towards the wave equality target at 83.47. However, upside risk is likely to be capped beneath the resistance line of a bear pennant continuation pattern, at 83.82. Downside risk is limited to the 82.55 area.

Weekly chart USD/JPY trend: Range.



Intraday GBP/USD: Tuesday's low at 1.6126 is set for renewed bear pressure, as the setback off last week's 13-month high at 1.6344 gathers pace. Projected support at 1.6099 is within striking distance, which needs to hold in order to keep the technical uptrend intact, protecting 1.6030. Regaining ground above 1.6240 is required to lift the tone.

Weekly chart GBP/USD trend: Bullish.



Intraday USD/CHF: The resistance line of a four-day bear flag at 0.9371 is being tested. The recovery off the March 2 all-time low at 0.9202 is threatening to gather pace, and a break through 0.9371 would attract further gains towards the 38.2% Fibonacci retracement level of the 0.9773/0.9202 decline, at 0.9421. A 1.618 Fibonacci extension target lies at 0.9434, suggesting upside risk is limited to this area. Only a push below support at 0.9308 would question the positive outlook.

Weekly chart USD/CHF trend: Bearish.










I do post this today again ... as I see that many of us are not able to see what the market wants to give us ...

Those who are looking for reliable information ... should have a chance to get some ... mehr kann ich nicht tun ... it's up to you ... I have not got soo much time for Plapperei ...

At least there are only very few here who are working with success and with a system that is based on real experience that could work for you as well ...

That's why ... nennt es wie ihr es wollt ... aber sitzt nicht lange in einer falschen Fankurve herum ... don't waste your time ... trade in stead of ... einen schönen Tag wünsche ich ...


palim palim



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #403,155
  • Mar 9, 2011 3:07am Mar 9, 2011 3:07am
Quoting infinitus
Hi T@rantula,

you may be right. My decision was based on a god setup of Murrey Math on different TF's mainly.

Second reason I play this is that I think that we have now (eventually) the C-leg of an ABC-flat correction.

If I am right the impulse up could end at 3888 (61.8 of A) or 3908 (100% of A).

But I definitively have a close eye at it.

SL moved to BE

Note: based on the now evolving structure an ABC-flat seems unlikely, since the move up looks more corrective than impulsive


Closed the trade @ 3872

Rested too long
  • #403,156
  • Mar 9, 2011 3:08am Mar 9, 2011 3:08am
Quoting gatorinla
kinda like it did.. we need a close below 3873.. to continue the shorts. with a breakout.

h1 did open at 73 close
  • #403,157
  • Mar 9, 2011 3:08am Mar 9, 2011 3:08am
Does anybody know which broker has Oil on its demo?
  • #403,158
  • Mar 9, 2011 3:09am Mar 9, 2011 3:09am
Quoting T@rantula
Well mate, I have closed my GU long prematurely. I would have been 30 + pips in profit now, but u know I rarely keep overnight trades when I go intraday.
Sure it happens to all. I am still holding GU to 1.609x but I am running out of time as tomorrow is UK big new so I trailed the stops to yst highs and I will adjust to no more room mode later based on H4.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #403,159
  • Mar 9, 2011 3:10am Mar 9, 2011 3:10am
Quoting infinitus
Closed the trade @ 3872

Rested too long
  • #403,160
  • Mar 9, 2011 3:11am Mar 9, 2011 3:11am
Quoting gatorinla
shorter term targets after 3872.2 and bounce crap. 3862.3 3848.6 and 3840.4. all in the bigger target range from 4032 to 3842.2
this nut has to be cracked with closes below also. it may be kinda tough.. i may long here.
those who can, do. those who cant, talk about those who can
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