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EURUSD

  • #432,541
  • May 1, 2011 7:58pm May 1, 2011 7:58pm
Quoting infinitus
I have seen a lot of banks, institutions, national banks buying gold etc. at the top and selling at the bottom.
Now THIS was some SMART money! An oldie, but a goodie...

Gordon Brown's decision to sell half of the UK's gold...

The sale of more than half of the country's gold reserves between 1999 and 2002 has proved to be deeply controversial.

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Oooops!
  • #432,542
  • May 1, 2011 8:00pm May 1, 2011 8:00pm
dancing the daily pivot....arrrrrrrhhhh
  • #432,543
  • May 1, 2011 8:01pm May 1, 2011 8:01pm
scalping long 4833
  • #432,544
  • May 1, 2011 8:01pm May 1, 2011 8:01pm
Hi ya PC. Good to see you around. Liking your ABC setups more and more Gotta get some sleep now but off tomorrow with bank holiday so a bit of trading to do then

Quoting PipChick
Looking for 5021 possibly..
Disclaimer: Check your 1m charts
  • #432,545
  • May 1, 2011 8:01pm May 1, 2011 8:01pm
Quoting gatorinla
4830 is also a s/r today. so both either side is better to bias
closed between the 2.. *L* good luck
those who can, do. those who cant, talk about those who can
  • #432,546
  • May 1, 2011 8:03pm May 1, 2011 8:03pm
Quoting gatorinla
closed between the 2.. *L* good luck
Typical!

How's the builder?
  • #432,547
  • May 1, 2011 8:04pm May 1, 2011 8:04pm
Quoting infinitus
So if you were to be driving the price lower you shuld be very very careful to not get a panic stampede to the emergency exit, shouldn't you after that parabolic move?
silver doubled in 6 months and we get a 10% correction. in 1 hour. lolmfao.

i'll gladly take it. fundamentals have not changed. only greed.

of course id be scared! lolmfao. the move reminds me of gold's volatility. we are all welcomed to the new gold. im willing to give up that last two longs of silver at 35/38 to see where it runs.

im investing in silver, not trading (well except for that last buy at 43.06. )
  • #432,548
  • May 1, 2011 8:06pm May 1, 2011 8:06pm
freaking coin toss rsi pointing up, macd pointing up...but candles say down.......but it sold hard at 8647
  • #432,549
  • May 1, 2011 8:07pm May 1, 2011 8:07pm
Quoting kenfen69
Typical!

How's the builder?
doing all right..
we closed to the weaker part of a mofu last h.. but its still has raped me in the past. so i cant long here atm.. we closed the day, week and month on the bear side of it.
those who can, do. those who cant, talk about those who can
  • #432,550
  • May 1, 2011 8:11pm May 1, 2011 8:11pm
Hate them mixed signals!

So what do you do from here? What do you wait to see? Next hour? Daily?
  • #432,551
  • May 1, 2011 8:14pm May 1, 2011 8:14pm
Quoting kenfen69
Hate them mixed signals!

So what do you do from here? What do you wait to see? Next hour? Daily?
I entered a long on the turn....hit my mouse with my damn knee and closed it for a small loss right before that 30 pip scoot....now its just grinding the pivot....I think it tests 48 the a lower before it goes north.,...thing is....Tomorrow is first day of the month and the SPX will surely be green
  • #432,552
  • May 1, 2011 8:16pm May 1, 2011 8:16pm
Quoting kenfen69
Hate them mixed signals!

So what do you do from here? What do you wait to see? Next hour? Daily?
LOL. Stick to your positions whatever they are. Market is going nowhere.
The Thief of Wall Street
  • #432,553
  • May 1, 2011 8:18pm May 1, 2011 8:18pm
John Madden on forex...."Well, its definitely going to move up or down, unless it moves down then up. See, you want to be on the right side of a trade."
  • #432,554
  • May 1, 2011 8:22pm May 1, 2011 8:22pm
Quoting Chicky
LOL. Stick to your positions whatever they are. Market is going nowhere.
Oh...I'm sticking to mine. Was actually asking gator, but forgot to quote him.

Sorry for confusion.
  • #432,555
  • May 1, 2011 8:25pm May 1, 2011 8:25pm
Quoting PipPipPip
oh and i got in silver at 43.06. lolmfao. haven't made this much money so easily.
lol. So you finally bought ..... hmmmm a week and a half ago and now think you're a guru. lol.
  • #432,556
  • May 1, 2011 8:26pm May 1, 2011 8:26pm
gold going back to Chris Columbus times 1492.56 with a mid at 1534.51
those who can, do. those who cant, talk about those who can
  • #432,557
  • May 1, 2011 8:30pm May 1, 2011 8:30pm
Mufus are Mufus.. we closed below 32..
those who can, do. those who cant, talk about those who can
  • #432,558
  • May 1, 2011 8:31pm May 1, 2011 8:31pm
Quoting gatorinla
gold going back to Chris Columbus times 1492.56 with a mid at 1534.51
In those days, its how he used to sign the documents

http://upload.wikimedia.org/wikipedi...nature.svg.png
The Thief of Wall Street
  • #432,559
  • May 1, 2011 8:33pm May 1, 2011 8:33pm
Quoting infinitus
So tell me what is the smart money doing right now? Who is the smart money?
and now? was that smart money dumping or retailers buying?

everyone has an opinion......
I don't trust any move - when you have profit...take it.
  • #432,560
  • May 1, 2011 8:33pm May 1, 2011 8:33pm
I went short at 1.4820
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