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Price is everything

  • #18,261
  • May 20, 2011 7:11am May 20, 2011 7:11am
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Buy it on the flag and horizontal support, PA structure confirms
  • #18,262
  • May 20, 2011 7:16am May 20, 2011 7:16am
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  • #18,263
  • May 20, 2011 7:51am May 20, 2011 7:51am
Quoting atton
Attachment
i am bought this one also at 4240 with 30pips sl aiming at least 1:1 ratio
  • #18,264
  • May 20, 2011 7:58am May 20, 2011 7:58am
Quoting Orbital
Attachment

Buy it on the flag and horizontal support, PA structure confirms
Closed +180 pips from 408.10 @ 409.90

Could have kept for more but im busy scalping silver...

Also look at brent and Crude today
  • #18,265
  • May 20, 2011 8:57am May 20, 2011 8:57am
Quoting bbakker
Sell commodities, buy dollar!

Now the market is going to prove me wrong
Quoting bbakker
Markets took their time... but I am a patient man!

I was a day early... Raking it in now... my patience has paid off, especially on oil!
  • #18,266
  • May 20, 2011 8:59am May 20, 2011 8:59am
Quoting bbakker
I was a day early... Raking it in now... my patience has paid off, especially on oil!
Odd reversal going into the weekend...

I figured it for Yesterday as well...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #18,267
  • May 20, 2011 9:02am May 20, 2011 9:02am
wow wow. Stopped for +1 on e/u. Greek fcuked the euro
  • #18,268
  • May 20, 2011 9:05am May 20, 2011 9:05am
Quoting atton
wow wow. Stopped for +1 on e/u. Greek fcuked the euro
No... the slump in EU is driven by the fall in commodities today!

ECB, IMF and EU are still looking at Greece's books! 'Soft restructuring' has been whispered, but we all know that Greece will default sooner or later. I think the markets have priced some of that in, but I am sure EU will fall further on whatever the outcome of these meetings. Weekly timeframes are showing us the way!
  • #18,269
  • May 20, 2011 9:12am May 20, 2011 9:12am
Quoting bbakker
No... the slump in EU is driven by the fall in commodities today!
Hm. I thought this was the reason http://www.forexfactory.com/news.php?do=news&id=295120
  • #18,270
  • May 20, 2011 9:13am May 20, 2011 9:13am
Quoting atton
wow wow. Stopped for +1 on e/u. Greek fcuked the euro

I dont think so...it is just PA
  • #18,271
  • May 20, 2011 9:18am May 20, 2011 9:18am
TP hit selling from 4313

Maybe we will see a rather big retracement around here.
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  • #18,272
  • May 20, 2011 9:18am May 20, 2011 9:18am
Quoting Myrza
I dont think so...it is just PA
Yeah interesting enough. Price pulled back to the tl then engulfing candle shows up. And 30 minutes later the news from Greece. Is it possible everything to be a big conspiracy ?

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  • #18,273
  • May 20, 2011 9:22am May 20, 2011 9:22am
Quoting atton
Hm. I thought this was the reason http://www.forexfactory.com/news.php?do=news&id=295120
Don't read anal-ysts views. They write stories on what price did... after the fact.
  • #18,274
  • May 20, 2011 9:24am May 20, 2011 9:24am
Quoting atton
Yeah interesting enough. Price pulled back to the tl then engulfing candle shows up. And 30 minutes later the news from Greece. Is it possible everything to be a big conspiracy ?

Attachment

I rarely follow any news..but maybe the market is already being priced by big dogs.
"Price is everything" is very appropriate
  • #18,275
  • May 20, 2011 9:29am May 20, 2011 9:29am
Quoting atton
Yeah interesting enough. Price pulled back to the tl then engulfing candle shows up. And 30 minutes later the news from Greece. Is it possible everything to be a big conspiracy ?

Attachment

A bullish harami at demand.
Looks like a bullish divergence in m15/30
Ready to sell again on rally
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  • #18,276
  • May 20, 2011 9:29am May 20, 2011 9:29am
Closed all my shorts... I am done for the week. Enjoy your weekend!
  • #18,277
  • May 20, 2011 9:33am May 20, 2011 9:33am
Quoting bbakker
Closed all my shorts... I am done for the week. Enjoy your weekend!

you too..good call
  • #18,278
  • Edited 10:25am May 20, 2011 10:14am | Edited 10:25am
Quoting Orbital
Closed +180 pips from 408.10 @ 409.90

Could have kept for more but im busy scalping silver...

Also look at brent and Crude today

hahahaha seriously fuck EU etc...

Copper is a fucking Lunatic muahahahahahahaha:

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2 entries: 408.25 and 408.15

Moving stops soon its at 411.30 right now....

<3 Commodities

EDIT: Closed 408.25 for plus 300 pips
EDIT: Closed rest for about 280 pips
  • #18,279
  • May 20, 2011 10:46am May 20, 2011 10:46am
I am hooked on crude.
50 pips in 50 second
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  • #18,280
  • May 20, 2011 10:56am May 20, 2011 10:56am
Quoting Myrza
I am hooked on crude.
50 pips in 50 second
Very early timed short imo, nice catch
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