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  • #436,221
  • May 5, 2011 8:24am May 5, 2011 8:24am
Quoting gatorinla
knocking


#4 done.. we usually bounce some after.
#1 bull bounce mid 4734.2 for 4791.2.. its rare not to hit mid.. ill look for a re-short candle there or above.
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those who can, do. those who cant, talk about those who can
  • #436,222
  • May 5, 2011 8:25am May 5, 2011 8:25am
Quoting sam69
out @4680...long now...
why bother tell us 20 minutes later?
Don't have an ego. Always question yourself and your ability.
  • #436,223
  • May 5, 2011 8:26am May 5, 2011 8:26am
Quoting Venice
Yup T. These trends don't change in one day. It's not easy to turn a trend that lasts for years at a time...
Im watching the H1 candle...1.4772 and all again...
  • #436,224
  • May 5, 2011 8:27am May 5, 2011 8:27am
Quoting prashant7
and few bad news from usd has brought this dow and even
euro down by more than 100 pips now
Gladys Knight and forex have pips.

Dow and everything else moves in points.
  • #436,225
  • May 5, 2011 8:27am May 5, 2011 8:27am
A simple glance at AUDUSD or NZDUSD would've showed anyone that a downtrend correction was in the works for days now, EURUSD was just lagging behind. It's still inside the uptrend channel.
  • #436,226
  • May 5, 2011 8:28am May 5, 2011 8:28am
gator

same shitt here 2 visits
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  • #436,227
  • May 5, 2011 8:29am May 5, 2011 8:29am
Quoting Venice
Yup T. These trends don't change in one day. It's not easy to turn a trend that lasts for years at a time...
Ofcourse Venice. Good logic.
  • #436,228
  • May 5, 2011 8:31am May 5, 2011 8:31am
Think we're going sub-4640 by tomorrow but could rebound from closer to 4600 after NFP towards 1.5+ by next week.
  • #436,229
  • May 5, 2011 8:31am May 5, 2011 8:31am
+36 ( 3 X 12 )

+4%

MTD + 187

+19.1%

Compounding factor 1.1 used today

Was hoping for trading opportunities after the interest rate announcement and news conference but prefer to stand aside now.
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" Never let the past hold the future to ransom "
  • #436,230
  • May 5, 2011 8:31am May 5, 2011 8:31am
Quoting T@rantula
Ofcourse Venice. Good logic.

I agree with you, there is no sign of decrease.
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  • #436,231
  • May 5, 2011 8:32am May 5, 2011 8:32am
Of coz trends don't change so fast. But we won't know how much more this down move is going to go until we see that bend.

Until then, I have some hopes on 1.4520
  • #436,232
  • May 5, 2011 8:32am May 5, 2011 8:32am
Quoting PayTheLimit
lol...
tihihihihi...
Guard your pips jelously
  • #436,233
  • May 5, 2011 8:36am May 5, 2011 8:36am
Quoting T@rantula

I might go long. s/l close to 4676. entry we will see; )

T

Not for me, we got a reversal in the making here, all the classic patterns are here and the fundies are helping us a bit.
  • #436,234
  • May 5, 2011 8:36am May 5, 2011 8:36am
Quoting Gleneagles

Was hoping for trading opportunities after the interest rate announcement and news conference but prefer to stand aside now.
ditto
  • #436,235
  • May 5, 2011 8:36am May 5, 2011 8:36am
Quoting kill56
gator

same shitt here 2 visits
is it gonna be a 2 humper?
those who can, do. those who cant, talk about those who can
  • #436,236
  • May 5, 2011 8:36am May 5, 2011 8:36am
Great job but without me . as expected & much more , anyway to watch 4648,4517 & lastly 4281 if any real breakout . Otherwise a false up spike in usdx was greatly expecting , doing & some more still left may be & may not be enough to procreate .


gold chart comes first sen as to intervention with it or without may come , down as expected but limited as stopped at support , so without the help of it this time ( stocks can be ) , investors not so happy with it or afraid still .at the same nothing to console so far too. apparently gold reached at the wave end if not further extention , hope not .

lets see what happen , no trades no worry at the same time.

fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #436,237
  • May 5, 2011 8:38am May 5, 2011 8:38am
hihihihih ;D
looking for investors . pm me
  • #436,238
  • May 5, 2011 8:38am May 5, 2011 8:38am
Quoting T@rantula
Ofcourse. We are in UPTREND. Look at daily. Not even a sign of reversal.

I might go long. s/l close to 4676. entry we will see; )

T
  • #436,239
  • May 5, 2011 8:39am May 5, 2011 8:39am
Quoting cloggie
Not for me, we got a reversal in the making here, all the classic patterns are here and the fundies are helping us a bit.
gbp may have a b/o on day tf. we have already been below the level for day b/o. but the 4h is a little lower.
those who can, do. those who cant, talk about those who can
  • #436,240
  • May 5, 2011 8:40am May 5, 2011 8:40am
For me - this is major correction/ down trend. You have market under 100% fib from December lows - which was big resistance to break - we have almost 100pip 5 min candle down and daily and weekly stochs are pointing down. I'm gonna be placing 14 short positions over next few hours - 1st 1 is at 1.4706.
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