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  • #436,441
  • May 5, 2011 10:26am May 5, 2011 10:26am
Quoting Chicky
Just coming out from a dream meeting also attended by Mr. Michel de Nostredam. He mentioned May 4, 2011 will be a big day for euro traders. Guess! but don't blame me later.
He was right.
The Thief of Wall Street
  • #436,442
  • May 5, 2011 10:26am May 5, 2011 10:26am
flash crash day tom?
  • #436,443
  • May 5, 2011 10:27am May 5, 2011 10:27am
Quoting needpips
I dont think im gonna trade till this afternoon...Im just getting one of those feelings Ill chase my tail. Im out with small losses, but it really burns not to have been astute enough to shoot some fish in the barrel
im gonna be on the road in a few.. ill set a entry at 4652 ...4622 is a mid for 4659.. no bulls w/o 4659
those who can, do. those who cant, talk about those who can
  • #436,444
  • May 5, 2011 10:27am May 5, 2011 10:27am
Quoting PhAnTi'
wtf spike shows target?
Yeah, ain't that a hoot? Trading strategy: wait for bad shows and trade to that level.
  • #436,445
  • May 5, 2011 10:28am May 5, 2011 10:28am
Quoting DMA Trader
it's the same huge trade that will explode one day.

sell usd buy everything else from copper, silver, gold, wheat, stocks, to pork bellies. everything on huge leverage.

one day something will make the dollar sky rocket but we need that sentiment of amero, country's not accepting usd and some other bs like that.

so if something that was so bid up in price like silver drops 10% gives some sort of signal to people worldwide. or robots.

it worked
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #436,446
  • May 5, 2011 10:29am May 5, 2011 10:29am
Quoting OldQuant
Yeah, ain't that a hoot? Trading strategy: wait for bad shows and trade to that level.
best idea change your broker. i can give u one of the best broker with no problems.
looking for investors . pm me
  • #436,447
  • May 5, 2011 10:30am May 5, 2011 10:30am
Quoting DMA Trader
it worked
haha, I remember you posting that DMA. Good stuff.

When things go parabolic/exponential, the crash is always 10 fold in power.
  • #436,448
  • Edited 10:57am May 5, 2011 10:33am | Edited 10:57am
Think we'll continue up and reversal is near by 30 pips maybe, going from memory of last weeks analysis. Have to see if I can narrow this down soon. 4569 buy Stops 60 Middle channel test Have it long.
Founder of Sutherland Wave Principle
  • #436,449
  • May 5, 2011 10:35am May 5, 2011 10:35am
bbl
those who can, do. those who cant, talk about those who can
  • #436,450
  • May 5, 2011 10:37am May 5, 2011 10:37am
Quoting gatorinla
bbl
Gator are you still shorting till 1.4009? Pl. tell me what to do now .
  • #436,451
  • May 5, 2011 10:38am May 5, 2011 10:38am
breaking m1 channel , 4619-24 to pullback tl before up for 3674 , or any . antitrend , care .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #436,452
  • May 5, 2011 10:39am May 5, 2011 10:39am
Quoting DMA Trader
it worked
Please tell us your strategy till tomorrow close.
Thanks in advance.
Bomi
  • #436,453
  • May 5, 2011 10:39am May 5, 2011 10:39am
Quoting kbmoonshinex
best idea change your broker. i can give u one of the best broker with no problems.
No thanks. That was IB, and I'm (a) happy with them, and (b) too heavily invested in software that uses their API to move.

That's what made this so unusual; it's very rare they have a bad show from their ECN.
  • #436,454
  • May 5, 2011 10:40am May 5, 2011 10:40am
Quoting DMA Trader
4. NFP coming this week. The well known event that blows away accounts all over the world from North Pole to South Pole so better close position while you can. Since most of the people will not listen. At list reduce the leverage
my point
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #436,455
  • May 5, 2011 10:41am May 5, 2011 10:41am
Quoting cloggie
The muppets here don't realise that it took billions to get this move going, it is going to take the same billions just to stop it and a loads more to reverse it, how freakin likely is that going to be? A price in motion tends to stay in motion, period. Nothing fancy, nothing special.

Just took another 90 pips out of that drop while everyone here is playing the hero trying to predict a reversal.

At least I found myself loads more additions for the Iggy list.

I never understand why ppl try to catch the falling knife. It's the same all the time. EU making the 200 bln freight train game, DX + EX at full throttle into open space and microlots building a nice card house on the rails in the hope to stop it... lol no actually crush it n make it bounce back... lovely...
  • #436,456
  • May 5, 2011 10:42am May 5, 2011 10:42am
Quoting behman8850
Please tell us your strategy till tomorrow close.
Thanks in advance.
Bomi
my strategy for tomorrow is watch a movie and then go out for the weekend.
with my family let the cowboys impress their girlfriends with
"Hey Honey i blow away the account but I have just traded during NFP."

and come back Monday to go with the remaining flow.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #436,457
  • May 5, 2011 10:50am May 5, 2011 10:50am
Quoting OldQuant
No thanks. That was IB, and I'm (a) happy with them, and (b) too heavily invested in software that uses their API to move.

That's what made this so unusual; it's very rare they have a bad show from their ECN.

I am on IDEALPRO, no spike on my chart. must be something on your end.
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We're all stories in the end. Just try to make it a good one.
  • #436,458
  • May 5, 2011 10:51am May 5, 2011 10:51am
Quoting AllyB
i agree ... nice to see i was so close thou and after watching could pick out your ranges. "if" i were to pick a slowdown to this day i would say 4587. notice i didn't say bottom
Best is to wait for the blood to clot, frustrating if you missed out but taking a trade before a major news event is not part of my trading plan. Every trading day produces 10-12 high probability trading opportunities , tomorrow and next week the wheel will turn again.
" Never let the past hold the future to ransom "
  • #436,459
  • May 5, 2011 10:53am May 5, 2011 10:53am
what are you trying to show us? any short or long signals?
thanks.
  • #436,460
  • May 5, 2011 10:54am May 5, 2011 10:54am
Quoting cloggie
The muppets here don't realise that it took billions to get this move going, it is going to take the same billions just to stop it and a loads more to reverse it, how freakin likely is that going to be? A price in motion tends to stay in motion, period. Nothing fancy, nothing special.

Just took another 90 pips out of that drop while everyone here is playing the hero trying to predict a reversal.

At least I found myself loads more additions for the Iggy list.
I think that if it took billions to get this move going and this move is made in relatively short period of time, then maybe there are some unclosed short positions with huge profits that waits to be closed, so maybe we have enough billions for reverse. But in the same time those profits are enough to open new short positions and take the move further down
It really needs loads of bull billions if the bears decision is to not give up easily.
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