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  • #411,961
  • Mar 23, 2011 8:17am Mar 23, 2011 8:17am
Quoting gatorinla
yep.. one never knows. in ozz, a bailout is a good thing. even if the bail-ee lives in ozz.. the positive is added to the borrower and never detracted from the loaner. ill give G.W. this one.. he called it fuzzy math.
build a house on sand, and you got a house built on sand.
those who can, do. those who cant, talk about those who can
  • #411,962
  • Mar 23, 2011 8:18am Mar 23, 2011 8:18am
Yes - spinning top: it's a neutral signal

Quoting T@rantula
Actually its a spinning top.
  • #411,963
  • Mar 23, 2011 8:19am Mar 23, 2011 8:19am
Quoting BrunargarFx
Yes - spinning top: it's a neutral signal
doji?
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  • #411,964
  • Mar 23, 2011 8:19am Mar 23, 2011 8:19am
im still bearish since yesterdays dcc on the daily chart.. Back to the top maybe friday possible to me
  • #411,965
  • Mar 23, 2011 8:20am Mar 23, 2011 8:20am
the defence at 81.00 on uj is marvelous. there is no way price is breaking this level before the crazy drop. thus i have divided my entire account into fifty pips and gone short @80.89 s.l open. t.p 1000pips. if this account gets blown thats it for me and forex. im going back to sea
C.O.B.R.A FX - MENACE TO MY BROKER!!
  • #411,966
  • Edited 8:57am Mar 23, 2011 8:20am | Edited 8:57am
Quoting BrunargarFx
Hi Tarantula,

What makes it a reversal ?
Positive reversal not reversal. When a currency pair is in a positive reversal it needs to drop below OB levels in order to have a good price for a subsequent buy.

The price initially drops and afterwards it is bought again.( bid price)
We are in an uptrend thus the positive reversal.
  • #411,967
  • Mar 23, 2011 8:22am Mar 23, 2011 8:22am
hold and break down here, then not seeing much in the way of support till 407x, going as I type...
  • #411,968
  • Mar 23, 2011 8:22am Mar 23, 2011 8:22am
Quoting mofu.Dnewbie
the defence at 81.00 on uj is marvelous. there is no way price is breaking this level before the crazy drop. thus i have divided my entire account into fifty pips and gone short @80.89 s.l open. t.p 1000pips. if this account gets blown thats it for me and forex. im going back to sea
sea is a nice calm place, no?
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  • #411,969
  • Mar 23, 2011 8:22am Mar 23, 2011 8:22am
Quoting FibbinArchie
don't forget we that we have a shed load of eu bailout garbage coming over the nexy cpl of days and that top/subsequent sell off isn't very convincing...
we had a valid tech reason to bounce.. if you take out the"p" and the" i" out of the piigs.. then you got a Germany left holding the bag. #412015
and you will have a 1000 pip wick before the big drop.
those who can, do. those who cant, talk about those who can
  • #411,970
  • Mar 23, 2011 8:23am Mar 23, 2011 8:23am
guys, whats the difference between a doji and spinning top?
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  • #411,971
  • Mar 23, 2011 8:24am Mar 23, 2011 8:24am
Quoting vosterfxandy
guys, whats the difference between a doji and spinning top?
nothing
Don't have an ego. Always question yourself and your ability.
  • #411,972
  • Mar 23, 2011 8:25am Mar 23, 2011 8:25am
mix in bus bombs in Israel.
those who can, do. those who cant, talk about those who can
  • #411,973
  • Mar 23, 2011 8:26am Mar 23, 2011 8:26am
Thanks for the clarification, much appreciated - I did not understand the ref to "positive" indeed.

Quoting T@rantula
Positive reversal not reversal. When a currency pair is in a positive reversal it needs to drop below OB levels in order to have a good price for a subsequent buy.

The price initially drops and afterwards it is bought again.(ask)

We are in an uptrend thus the positive reversal.
  • #411,974
  • Mar 23, 2011 8:27am Mar 23, 2011 8:27am
Quoting FibbinArchie
hold and break down here, then not seeing much in the way of support till 407x, going as I type...
looking for an entry... sold my first short already (too early)

edit: no entry presented, missing the good move... ah well.
  • #411,975
  • Mar 23, 2011 8:27am Mar 23, 2011 8:27am
Quoting gatorinla
we had a valid tech reason to bounce.. if you take out the"p" and the" i" out of the piigs.. then you got a Germany left holding the bag. #412015
and you will have a 1000 pip wick before the big drop.
how the market is interpreting the piigs situation, and agree, what I meant about my sentiment, usually I turn bearish and then it rallies, that's not to say that I trade on my sentiment of course, but rather how markets manipulate psychology...
  • #411,976
  • Mar 23, 2011 8:27am Mar 23, 2011 8:27am
Quoting vosterfxandy
guys, whats the difference between a doji and spinning top?
not much in forex.. a real doji opens and closes at the same level. but if it breaks a s/r closes just a little it may be a breakout sign..
those who can, do. those who cant, talk about those who can
  • #411,977
  • Mar 23, 2011 8:27am Mar 23, 2011 8:27am
a spinning top has a small body whether green or red while a doji is all about tails (no body)


Quoting vosterfxandy
guys, whats the difference between a doji and spinning top?
  • #411,978
  • Mar 23, 2011 8:30am Mar 23, 2011 8:30am
On our way 411370. Its going to be a volatile day for EURO stay out if in doubt
  • #411,979
  • Mar 23, 2011 8:30am Mar 23, 2011 8:30am
00, licensed to kill could hold it...

then s3 @ 9x
  • #411,980
  • Mar 23, 2011 8:31am Mar 23, 2011 8:31am
ah right, thanks guys.
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