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  • #436,881
  • May 5, 2011 5:42pm May 5, 2011 5:42pm
Quoting Magix
Big move like this, one could be tempted to counter a long...

**Scratches Head**

But then one realizes it is NFP tomorrow and closes his charts down until Monday...

If something looks tempting, I might bite, but for the most part, I would almost be sure to not hit a button until the bells ring on a new week....
thanks, sounds like a great idea after significant loses today. however still looking for an opportunity to get back few pips from the market.
  • #436,882
  • May 5, 2011 5:48pm May 5, 2011 5:48pm
Quoting PipChick
Todays daily may end up being a good opportunity PTL
Everyday is a good opportunity PC...

Just a matter of perspective.

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #436,883
  • May 5, 2011 5:50pm May 5, 2011 5:50pm
Quoting Magix
Everyday is a good opportunity
:o
  • #436,884
  • May 5, 2011 5:50pm May 5, 2011 5:50pm
Quoting mario83
thanks, sounds like a great idea after significant loses today. however still looking for an opportunity to get back few pips from the market.
Join me and a few friends over @ Red's thread dude...

We don't play all eggs in one basket, so plenty of other cats to skin...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #436,885
  • May 5, 2011 5:53pm May 5, 2011 5:53pm
Quoting Magix
Everyday is a good opportunity PC...

Just a matter of perspective.

So true But you have to be here when it happens and I wasnt today!
  • #436,886
  • May 5, 2011 5:58pm May 5, 2011 5:58pm
Quoting PipChick
So true But you have to be here when it happens and I wasnt today!
PC...Kicking my own ass...

I been watching heavy shorts all week up to yesterday....rode the longs into London and went nappy time...

Attempted a retrace and got killed (-20), so missed the lions share myself...

**Shrugs Shoulders**

What I missed on the EU, I made up for on the EJ and UCs...a couple on AU...

Meh, another day at the office...

Win some, lose some...Market will be here again on Monday...

All smiles.

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #436,887
  • May 5, 2011 5:59pm May 5, 2011 5:59pm
Quoting gatorinla
all u.s. recessions since the 70 ties started with high oil. it takes 2 years to work its way out the system, in normal times. 2008 was not normal times. we still haven't paid for it. everything you eat, drink r wipe our ass with has a oil cost in it. and we have had high oil for months again already.. a never ending cycle.
I've noticed you trade oil regularly don't you? I haven't followed it a ton... just what the Daily's are... but I imagine the swings are different than Fibre... Do you treat Oil the same way you treat some of the currencies, in that you watch the levels on a certain TF's... and then trade the breaks? What particular news do you watch that correlates with it besides the report on wednesday's? (I know rates, the strength of the dollar effect it, but was wondering what else you watch)
What we obtain too cheap, we esteem too lightly.
  • #436,888
  • May 5, 2011 6:04pm May 5, 2011 6:04pm
Quoting Capn79
I've noticed you trade oil regularly don't you? I haven't followed it a ton... just what the Daily's are... but I imagine the swings are different than Fibre... Do you treat Oil the same way you treat some of the currencies, in that you watch the levels on a certain TF's... and then trade the breaks? What particular news do you watch that correlates with it besides the report on wednesday's? (I know rates, the strength of the dollar effect it, but was wondering what else you watch)
i don't trade oil.. but i posted the b/o days before eu drop. also gold and silver..copper
those who can, do. those who cant, talk about those who can
  • #436,889
  • May 5, 2011 6:09pm May 5, 2011 6:09pm
Quoting gatorinla
typo 6288=6388 s/o 78
re-short at mid mofu 6568 with a full boat. oil dropping.. but just hit #1 target (109.09).. so bounce may be soon... siver and gold are both atm playing with their lower mofu. silver next target 36.48.. gold 1492.. oil 106.24 gbp if/when 6443 is closed below 6398.4 eu????? #1 done... #2 4799.8 #3 4771.9 #4 4677.9 #5? still got support at 4844.7 4747 ect.
all hit.. most passed..
those who can, do. those who cant, talk about those who can
  • #436,890
  • May 5, 2011 6:11pm May 5, 2011 6:11pm
Quoting gatorinla
i don't trade oil.. but i posted the b/o days before eu drop. also gold and silver..copper
b/o?
What we obtain too cheap, we esteem too lightly.
  • #436,891
  • May 5, 2011 6:12pm May 5, 2011 6:12pm
Quoting Capn79
b/o?
If you don't mind my asking... do you trade gold, copper or silver? I've seen you post the levels/numbers... or do you use those as indicators?
What we obtain too cheap, we esteem too lightly.
  • #436,892
  • May 5, 2011 6:12pm May 5, 2011 6:12pm
Morning all... Geeeeezzzzussssss! That was quite a drop. Who was the guy who posted on here yesterday it was gonna drop 200-300 pips? I thought "What a muppet" at the time... Who woulda thunk it???
  • #436,893
  • May 5, 2011 6:12pm May 5, 2011 6:12pm
i know it is very hard to let something go but everything comes to the end .. if u compare eu , gold , silver and oil ... this time its looks different from april 18 ... cheers
Quoting T@rantula
Open ur daily charts and THINK. This is the daily chart. Study it...everything is there.

Reversal? Many of you thought EU will go to 1.2 ( LOL ) only a few weeks ago. EU jumped off 4150 to 4900.

We ARE STILL in uptrend. Do u know what reversal is? It is the STRUCTURAL change of the price patterns. When it happens?

Think. ONLY when it is confirmed. Reaction not prediction.

T

P.S. You can see dojis, i havent marked it on the chart but u can see a full stop doji. Its an early sign of a potential fall ( trend stop ). Its NOT the same as reversal.
Attachment ...
  • #436,894
  • May 5, 2011 6:14pm May 5, 2011 6:14pm
Quoting gatorinla
gold going back to Chris Columbus times 1492.56 with a mid at 1534.51
Columbus day.
those who can, do. those who cant, talk about those who can
  • #436,895
  • May 5, 2011 6:16pm May 5, 2011 6:16pm
Quoting Capn79
b/o?
break out..
those who can, do. those who cant, talk about those who can
  • #436,896
  • May 5, 2011 6:19pm May 5, 2011 6:19pm
I'm back guys - still sticking to my plan:

buy at 1.4580

buy at: 1.4610

buy at: 1.4635

buy at: 1.4655

close at: 1.4670

profit: +30pips +25pips + 20 pips +15pips


Anyone to join?
  • #436,897
  • May 5, 2011 6:20pm May 5, 2011 6:20pm
#1 bull 4607.. no bulls w/o it. mid at 4558.2
those who can, do. those who cant, talk about those who can
  • #436,898
  • May 5, 2011 6:21pm May 5, 2011 6:21pm
Quoting T@rantula
Think. ONLY when it is confirmed. Reaction not prediction.
so... you are willing to wait for a confirmation....?
  • #436,899
  • May 5, 2011 6:24pm May 5, 2011 6:24pm
Quoting PayTheLimit
Well, if I open a thread up, and am trading off the dailies, that will leave a lot of time for cocktails...
Let me know if you do... could use another set of eyes on the dailies... i'm not anywhere near as accurate as I like to be up there. heh
  • #436,900
  • May 5, 2011 6:32pm May 5, 2011 6:32pm
Quoting gatorinla
#1 bull 4607.. no bulls w/o it. mid at 4558.2
Close above for the week at 4607 at least.
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