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  • #441,121
  • May 12, 2011 3:39pm May 12, 2011 3:39pm
Quoting FibbinArchie
gettin old ptl...
old, tired, and slow...damn it...bloody trading, has taken 10yrs off, if I ever have a kid, I will steer him clear of this madness...or have him input my orders...
Look Sharp/Trade Tight
  • #441,122
  • May 12, 2011 3:41pm May 12, 2011 3:41pm
Quoting PayTheLimit
btw it says 8pm on the calendar...
weird, my time settings are gmt...
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  • #441,123
  • May 12, 2011 3:42pm May 12, 2011 3:42pm
Quoting FibbinArchie
weird, my time settings are gmt...
there is another one
  • #441,124
  • May 12, 2011 3:43pm May 12, 2011 3:43pm
Quoting PayTheLimit
old, tired, and slow...damn it...bloody trading, has taken 10yrs off, if I ever have a kid, I will steer him clear of this madness...or have him input my orders...
I actually don't think that I'd encourage anyone to start this trading lark...
  • #441,125
  • May 12, 2011 3:43pm May 12, 2011 3:43pm
Hes speaking at 1 am tonight, look at tommorows calendar
  • #441,126
  • May 12, 2011 3:45pm May 12, 2011 3:45pm
Quoting darimik
there is another one
ahhhhhh now i see, yeah you are all correct, I have it listed as friday morning 1am, hadn't looked past today...
  • #441,127
  • May 12, 2011 3:45pm May 12, 2011 3:45pm
Quoting darimik
there is another one
ah yes. I am on est
  • #441,128
  • May 12, 2011 3:46pm May 12, 2011 3:46pm
I don't really expect Bernanke to make a groundbreaking speech tonight, I doubt if he will say anything we haven't heard already. I am, however, anticipating a subsequent market reaction.

I watched the 10am meeting today in its entirety, the only thing I deduced from that was we will be entering a phase of "quantitative neutrality" after the end of QE2.

That will end the Fed's assault on the US dollar. At that point, I expect the Eurozone will be the driving force of any moves behind the EURUSD pair.

Someone in this thread posted a link to the site which showed the Fed's bond buying program, showing the dates and amounts, I can't find it. Anyone have it?
motivation
  • #441,129
  • May 12, 2011 3:47pm May 12, 2011 3:47pm
Quoting FibbinArchie
I actually don't think that I'd encourage anyone to start this trading lark...

you need an early start, like mid twenties....that way 10-15 yrs down the road, you can quit because your burnt out/and/or rich, or you.. still got time to quit and start something else...
Look Sharp/Trade Tight
  • #441,130
  • May 12, 2011 3:47pm May 12, 2011 3:47pm
bored...

Inserted Video
  • #441,131
  • May 12, 2011 3:49pm May 12, 2011 3:49pm
Quoting PayTheLimit
you need an early start, like mid twenties....that way 10-15 yrs down the road, you can quit because your burnt out/and/or rich, or you.. still got time to quit and start something else...
yeah, late 30s to 40s and failure isn't an option...
  • #441,132
  • May 12, 2011 3:53pm May 12, 2011 3:53pm
Quoting PayTheLimit
old, tired, and slow...damn it...bloody trading, has taken 10yrs off, if I ever have a kid, I will steer him clear of this madness...or have him input my orders...
once he's 10 years old, he'll finish every school-day with a drink, sit right next to you and draw lines on a chart. bet'ya
  • #441,133
  • May 12, 2011 3:55pm May 12, 2011 3:55pm
Quoting FibbinArchie
yeah, late 30s to 40s and failure isn't an option...
indeed...you might have one or two mouths to feed, changes things a tad...
Look Sharp/Trade Tight
  • #441,134
  • May 12, 2011 3:57pm May 12, 2011 3:57pm
Quoting infinitus
The channel is an Elliott wave base channel. You obtain it by conecting end of wave 2 and 4, and then by drawing a parallel to that through end of wave 3.

Sometimes wave 5 only reaches the middle of the channel, oftentimes it runs the full distance to the channel boarder.

If my count is true we likely have a few days time to see the wave red 2 evolve.
A target of choice for a correction is the wave 4 of one lesser degree, that is around 44x, but even so a wave 2 can take back the whole advance of the wave 1 without invalidating the count.

Downward...

Look ...

LINE CHARTS ... da kann man zählen bis zum Abwinken ...

At least it is a mixture from all methods that do exist ... and each situation calls for it's own principal mode ...

Macht aber Spaß!

Wie schon gesagt ... Hexen-Einmal-Eins ... hehe ^^



;-|
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2011-05-12_22h43_ EURUSD _ min003 _ (2Dy) line + TL + TC + PP.PNG Size: 24 KB
Click to Enlarge Name: 2011-05-12_22h43_ EURUSD _ min030 _ (1Mo) line + TL + TC + PP.PNG Size: 26 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #441,135
  • May 12, 2011 3:58pm May 12, 2011 3:58pm
Quoting Mr Hatch
once he's 10 years old, he'll finish every school-day with a drink, sit right next to you and draw lines on a chart. bet'ya
lol, the wife will kill me, she can barely put up with me, then there will be two of us.....
Look Sharp/Trade Tight
  • #441,136
  • May 12, 2011 4:01pm May 12, 2011 4:01pm
Quoting PayTheLimit
indeed...you might have one or two mouths to feed, changes things a tad...
I don't even think it's possible to start from scratch if you got those kinds of commitments...
  • #441,137
  • May 12, 2011 4:01pm May 12, 2011 4:01pm
looks like a little drop coming. can support be broken?
those who can, do. those who cant, talk about those who can
  • #441,138
  • May 12, 2011 4:05pm May 12, 2011 4:05pm
Quoting mercy seat
Look ...

LINE CHARTS ... da kann man zählen bis zum Abwinken ...

At least it is a mixture from all methods that do exist ... and each situation calls for it's own principal mode ...

Macht aber Spaß!

Wie schon gesagt ... Hexen-Einmal-Eins ... hehe ^^



;-|
how's the scalping going mercy?
  • #441,139
  • May 12, 2011 4:07pm May 12, 2011 4:07pm
Quoting gatorinla
looks like a little drop coming. can support be broken?
make sure to split them up.. otherwise I will miss my entry
  • #441,140
  • May 12, 2011 4:08pm May 12, 2011 4:08pm
Quoting gatorinla
looks like a little drop coming. can support be broken?
If we eclipse the 4155...then Im seeing 1.39xx range... I know we should correct, but the arguments for it happening at this moment seem not to convincing to me.

Double bottom has to occur to move significantly higher I would suppose
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