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  • #410,081
  • Mar 18, 2011 4:09pm Mar 18, 2011 4:09pm
It seems that with these recent unpleasant events in Japan a lot of people in here forgot that there is still a major crisis in EU, add to this Libya’s with many other Middle Eastern countries' issues and you get strong fundamental picture in favor of USD. I personally think it’s very risky time to open up Euro long positions at. For me it’s time to build short positions. Just my opinion, However I’m not a scalper on this one. :nerd:
  • #410,082
  • Mar 18, 2011 4:10pm Mar 18, 2011 4:10pm
Quoting Magix
We have clearly formed a Batman on the M15....

I think we can all see where this is going...


That's almost as a good as the one pattern I found a few months back. I dubbed it 'horse mounted on wall'.

http://www.forexfactory.com/attachme...1&d=1294884885
  • #410,083
  • Mar 18, 2011 4:11pm Mar 18, 2011 4:11pm
Quoting attila
for people trying to short this longer term, let me point your attention to the fact that this e/u bull trend started around june of last year(I only see two bear candles on the monthly). i would like to hear a good reason that it will end at 4170 with Japan situation and Libia coming under attack within days.
Second time you mention 4170. You seem to be attached to it. Forget about it. Like you said, it means nothing, absolutely. You keep on minding it, it will get you killed by monday as well as by wednesday.
Bull, Bear or Pig - Pick your poison and position accordingly. If it turns sour, waves you ride everyday compensate for bad choices. If all goes according to plan, waves you ride everyday is just bonus. Japan situation is another pot. To understand it you need to watch U/J and E/J. Libya I wouldn't worry so much about it(unless just for fun).
If you look at Bull which started last year June to make trade decisions now, you are as good as dead. So many things changed since then, and so many will from now. As long as you are playing with borrowed money, you need to concentrate on now, unless ofcourse you are trading cash on cash (zero leverage). Monthly, Weekly and Daily should be just for referance and not for plpaciing trade decisions. By the time they close chhances are high that a move has been dead and gone. Unless you are like stupid legion of banks who got no clue what they are doing, except ofcourse their coffers never seem to reach the bottom (but we will see). Play smart like game of chess, or for toddlers like me, like pac-man puzzle.

Take care
  • #410,084
  • Mar 18, 2011 4:11pm Mar 18, 2011 4:11pm
fifth 200 point range this year, for what its worth...
Attached Image (click to enlarge)
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Look Sharp/Trade Tight
  • #410,085
  • Mar 18, 2011 4:13pm Mar 18, 2011 4:13pm
Quoting fldash
Someone bookmark this shit, some beans just got spilled... looks like I'll be busy all weekend...

How far back to you look for high/low? A set distance? That's my only question.
find a C on a big tf.. if your lucky a fib from your daily weekly r monthly will be close. this with strengthen it. (trend lines also) you have to learn candles.. i use a 1m for entry then a 5 to confirm.. but my daughter uses even smaller tf.. if you get a green light to enter in a tf like a 1m your sl will be very tight... but if you risk 4 pips at 1/2 or 1 %... each 4 pips in the green is that much.. you also should use 1 indi only to show overbought/sold....rsi is good.. higher tf showing possible entries helps you pinpoint entry be more successful.

pay attention to all larger tf candle closes and wick tips. put them on your chart (levels).. you will c bounces there and your smaller candles and the indi will help you chose the better ones. intraday 1 hour , 4h 8h 12, day are important closes .. pay attention to cloggy for breakouts.. support and resistance will trump a candle at times. in other words a candle dont mean shit if s/r is so close.. the move cant get momentum
those who can, do. those who cant, talk about those who can
  • #410,086
  • Mar 18, 2011 4:15pm Mar 18, 2011 4:15pm
later
those who can, do. those who cant, talk about those who can
  • #410,087
  • Mar 18, 2011 4:32pm Mar 18, 2011 4:32pm
Oh boy. Where do I start? Let me point your attention to my way of trading. It's up there "No bias trading"

The first time I mentioned 4170 is this morning when I said that's where we are going, second was when somebody was shorting there I said will be retested. Both proved accurate.

Just in case you missed this one. over 9 hours ago.

http://www.forexfactory.com/showpost...stcount=409642

You continue to quote me in direct contradiction with what you just said before. 4170 may mean exactly nothing.

Moving on. I don't ride bad choices. I kill them.

"If you look at Bull which started last year June to make trade decisions now, you are as good as dead. "

Do you honestly think I'm doing this? It was the base of the argument this run has very good chances it will continue. So let me mark this one: Out of context.

Should I continue?.......

Quoting momento
Second time you mention 4170. You seem to be attached to it. Forget about it. Like you said, it means nothing, absolutely. You keep on minding it, it will get you killed by monday as well as by wednesday.
Bull, Bear or Pig - Pick your poison and position accordingly. If it turns sour, waves you ride everyday compensate for bad choices. If all goes according to plan, waves you ride everyday is just bonus. Japan situation is another pot. To understand it you need to watch U/J and E/J. Libya I wouldn't worry so much about it(unless just for fun).
If...
  • #410,088
  • Mar 18, 2011 4:42pm Mar 18, 2011 4:42pm
have a good wkend all...
  • #410,089
  • Mar 18, 2011 4:54pm Mar 18, 2011 4:54pm
Quoting PayTheLimit
magix, you dont want to be this guy...lol


http://www.youtube.com/watch?v=1mc-3...eature=related

Holy Cow! That was insane!
  • #410,090
  • Mar 18, 2011 4:56pm Mar 18, 2011 4:56pm
Quoting gatorinla
find a C on a big tf.. if your lucky a fib from your daily weekly r monthly will be close. this with strengthen it. (trend lines also) you have to learn candles.. i use a 1m for entry then a 5 to confirm.. but my daughter uses even smaller tf.....
RSI in 1M or 5M! Does it work?
  • #410,091
  • Mar 18, 2011 5:04pm Mar 18, 2011 5:04pm
Quoting Magix
We have clearly formed a Batman on the M15....

I think we can all see where this is going...http://www.forexfactory.com/attachme...6&d=1300481302
So now we see why this bozo calls himself Magix. With the f'd up spelling. The only way that he can predict moves on a chart is by using photoshop to create an imaginary chart. Or is that your wishful thinking? Anyway's to each is own, but if you pull your head out from Cloggies waste hole, you will see that in the real world, us real traders trade from real charts, not imaginary photoshopped ones!
All that is left in FF is just plain garbage. "Cloggie"
  • #410,092
  • Mar 18, 2011 5:21pm Mar 18, 2011 5:21pm
Quoting tonyo524
So now we see why this bozo calls himself Magix. With the f'd up spelling. The only way that he can predict moves on a chart is by using photoshop to create an imaginary chart. Or is that your wishful thinking? Anyway's to each is own, but if you pull your head out from Cloggies waste hole, you will see that in the real world, us real traders trade from real charts, not imaginary photoshopped ones!


Get a grip...

Ya Loser!

How's bout a pic that ain't shopped there Ace...
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #410,093
  • Mar 18, 2011 5:55pm Mar 18, 2011 5:55pm
Quoting sisse
as expected I am joining you with a drink on Friday close.

sisse

Hello guys,
Hello sisse, nice to see you in my b list!

Just a technical look at the trend. If it really is by Infinitus defined a broken leg 3, then am no longer so skeptical of Bullish trend in the next week. I counted a turning area of such view.
pdf because I could not make of it jpg or gif.
Can not add an attachment, limit 488,3K ... w..?

Nice weekend and a successful trade!
  • #410,094
  • Mar 18, 2011 7:00pm Mar 18, 2011 7:00pm
Quoting paul1
I picked up on a comment he made when he was asked about rates ," I have nothing to withdraw"

no one said anything about him withdrawing his earlier rate comments .
So why would he say that.

One thing i know is they will put rates up if oil stays high because it will have i high impact on inflation.

But As its been reported that various contries are sending in the military to make sure he sticks to cease fire .
Early next week the worries over oil supply could receed and oil move back to the $90 mark.
Too early to tell depends what happens...
Interesting but i don't agree with the view on oil dropping,middle east
and north africa,nothing settled.
Now add in elections in Nigera in April and things could get tight on the supply,at the last elections the terrorist almost stopped supply altogether.
You can remain irrational longer than you can remain solvent.
  • #410,095
  • Mar 18, 2011 7:13pm Mar 18, 2011 7:13pm
Quoting 4xs
RSI in 1M or 5M! Does it work?
It works 50% of the time.
  • #410,096
  • Mar 18, 2011 7:52pm Mar 18, 2011 7:52pm
it works anyway!


http://1.bp.blogspot.com/_vV7YUeMYRC...acer081113.gif


Quoting 4xs
RSI in 1M or 5M! Does it work?
Follow the Trend, thats all
  • #410,097
  • Edited 8:50pm Mar 18, 2011 8:40pm | Edited 8:50pm
Quoting Patience
Hmmmm, this non-existent (according to you) personality conflict between you and Hatch seems to be boiling over. Now, since I put myself in the middle of this non-existent personality conflict (for my own enjoyment and fun, that is), I note that you have used the plural of "clown". It appears that PTL and I (and I guess Traderji) were the only ones that got involved in this non-existent personality conflict so I'm gonna ask you directly (because I can be a bit slow like that). Are you calling me a clown?
Here is a direct answer, as I ALWAYS do it like that:

I havent checked your trading skills dude, so its hard to judge. I dont like the sound of your "message" so I will ask you directly...what is it that u want? Any problem?
  • #410,098
  • Mar 18, 2011 8:42pm Mar 18, 2011 8:42pm
Quoting tonyo524
So now we see why this bozo calls himself Magix. With the f'd up spelling. The only way that he can predict moves on a chart is by using photoshop to create an imaginary chart. Or is that your wishful thinking? Anyway's to each is own, but if you pull your head out from Cloggies waste hole, you will see that in the real world, us real traders trade from real charts, not imaginary photoshopped ones!
Lol... where is my double facepalm can't believe this was actually used as a point of contention.jpg


How are your 300 pip drawdown trades going btw?
  • #410,099
  • Mar 18, 2011 10:57pm Mar 18, 2011 10:57pm
long term & short term done
Quoting primzvicious
heres the 1.418 view....
http://www.forexfactory.com/attachme...4&d=1299152938

Quoting primzvicious
good morning...

i know where the target is....:

http://www.forexfactory.com/attachme...0&d=1300423783
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Verily, in every difficulties there is relief
  • #410,100
  • Mar 18, 2011 11:07pm Mar 18, 2011 11:07pm
Whoa, the page sure runs like a bullet here.
And its getting a little hot too, calm down guys

Still holding my short and it didn't pick my sell limit at 4186 yet. If this going down i'm gonna have to watch 4138, 4074, 4032 ..... whoa, a lot of brakes to the downside

Well lets see where it goes, either i got stopped out or take a small profit i love this forex game
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