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  • #454,901
  • Jun 3, 2011 10:37am Jun 3, 2011 10:37am
Some people just get off on riling other people, best thing to do is just ignore them, they'll get bored and go away.

Quoting Venice
He could never 'get it', so he must think it's impossible. Notice how he didn't respond to the several fundie questions asked.

I to would also like to know what his hidden agenda is here. Personally, I'm waiting for him to bust out his product that he is selling.
  • #454,902
  • Jun 3, 2011 10:37am Jun 3, 2011 10:37am
Quoting PayTheLimit
hey kid, here's a quarter...call someone who cares....
quality put down, lol...
  • #454,903
  • Jun 3, 2011 10:38am Jun 3, 2011 10:38am
Quoting infinitus
Hi Ady,

have never tried ROC for that. My point:

I trade basically of off Murrey Math lines. Sometimes price spents a lot of time at a certain Murrey math trading line with little back and forth. If the duration is too long like 5 minutes, I simply close the position. With each minute more there is growing probability for a move against my position.

Hope that helps.

Best to you,


Markus
Ok thanks, I just was curious. When people use the word momentum I wonder how they derive it or quantify it. It is easy to see when looking at the charts that when you get large price action that momentum must be up and thus Volume also. I am just looking at how this is useful in creating a trigger.

Keep up the good work its good to follow.
Ady
  • #454,904
  • Jun 3, 2011 10:39am Jun 3, 2011 10:39am
Quoting dean1star
hey fibbin archie - thanks for the compliment - well i learnt it i guess u could say but then there are many ways to study, books or practical i went the practical hands on route.. take it easy.
and you bro, green trades...
  • #454,905
  • Jun 3, 2011 10:40am Jun 3, 2011 10:40am
BTW 1.46xx nice levels to take long term shorts targeting 1.34 next month and 1.10 by the end of this year.

'cause I know shit
Don't get mad, get even!
  • #454,906
  • Jun 3, 2011 10:41am Jun 3, 2011 10:41am
Quoting PayTheLimit
hehe, loaded the boat on the Aussie Fire Sale this morning for a daily chart long... Not liking this ceiling were currently running into... but need to eat through some of these sellers first, which there appears to be a bunch of them. Euro is moving up a little bit easier.
  • #454,907
  • Jun 3, 2011 10:43am Jun 3, 2011 10:43am
Quoting stulic
BTW 1.46xx nice levels to take long term shorts targeting 1.34 next month and 1.10 by the end of this year.

'cause I know shit
I'm so bearish biased, that I can only agree.

seb
  • #454,908
  • Jun 3, 2011 10:45am Jun 3, 2011 10:45am
The EUR is going higher so that when it retraces it will surely put itself inside the perimeter of the red circle on the hourly chart.

Projections on the M15 chart point to 4675, and on the M1 chart the high of today will be around 4606
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD_H1.jpg Size: 61 KB
Click to Enlarge Name: EURUSD_M15.jpg Size: 69 KB
Click to Enlarge Name: EURUSD_M5.jpg Size: 53 KB
Click to Enlarge Name: EURUSD_M1.jpg Size: 53 KB
  • #454,909
  • Jun 3, 2011 10:45am Jun 3, 2011 10:45am
i just dont see the one hour candle giving way especiayl with another one on the horizon in 15 mins..
  • #454,910
  • Jun 3, 2011 10:46am Jun 3, 2011 10:46am
Quoting Flynchenberg
I'm so bearish biased, that I can only agree.

seb
Don't. Unless market agrees with you. If you intend to go bear longer term, why worry about first few pips?
The Thief of Wall Street
  • #454,911
  • Jun 3, 2011 10:50am Jun 3, 2011 10:50am
No disrespect intended, but what in the world are all those circles !!

am I missing something, please could you give a brief explanation?

Cheers

Quoting Kambooj
The EUR is going higher so that when it retraces it will surely put itself inside the perimeter of the red circle on the hourly chart.

Projections on the M15 chart point to 4675, and on the M1 chart the high of today will be around 4606
  • #454,912
  • Jun 3, 2011 10:50am Jun 3, 2011 10:50am
let see how far they can really go - they say deep pockets count - going for the 146 - makes sense..
  • #454,913
  • Jun 3, 2011 10:50am Jun 3, 2011 10:50am
Quoting PhAnTi'
better close your longs now.

just for advice

still one long is open... I think 1.4700 is the clear target.... so there will be no problem in reaching that target.....

but thanks for the advice...
  • #454,914
  • Jun 3, 2011 10:51am Jun 3, 2011 10:51am
Quoting dean1star
u know what i felt i had too say this - once in my life i ended up homeless on the streets, tough gig - but you always find the beauty in the darkest things, fx norm i can see ur anger, i have been there but let me tell you these beautifull color full people surrounding you are just that, fortuneately fx norm u will never know the feeling of sleeping with one eye open or watching for the knife in the back - this i know trust me, take time to reflect - let by gones be by gones - live only the moment - and remember the past has gone - thats what it...
Cool...
All systems of divination, like music itself,work through patterns.
  • #454,915
  • Jun 3, 2011 10:53am Jun 3, 2011 10:53am
146 500 over the 146 has to be to tempting not to be..
  • #454,916
  • Jun 3, 2011 10:53am Jun 3, 2011 10:53am
Quoting PayTheLimit
5min dustbin levels...
dusbin session closed.........drinking session open....
Attached Image (click to enlarge)
Click to Enlarge Name: chart1.gif Size: 14 KB
Look Sharp/Trade Tight
  • #454,917
  • Jun 3, 2011 10:54am Jun 3, 2011 10:54am
Quoting PayTheLimit
dusbin session closed.........drinking session open....
even cooler....
All systems of divination, like music itself,work through patterns.
  • #454,918
  • Jun 3, 2011 10:55am Jun 3, 2011 10:55am
Quoting infinitus
Hehe, I saw your post and I knew that you would make money. I laughed loud, when someone questioned your decision :-)
I have notice lately whenever the news are good (reference to Euro) you get a small spike & massive decline either stop loss hunting or different interpretation for the figure. Same the other way around which creates opportunities (I learned the hard way).

Good luck with your trade J
  • #454,919
  • Jun 3, 2011 10:57am Jun 3, 2011 10:57am
1,4611 should cap it for today, since it is the upper trendline on 1h.
  • #454,920
  • Jun 3, 2011 10:57am Jun 3, 2011 10:57am
  •  Vilgax
  • | Joined Aug 2010 | Status: Lack of money is root of most evil | 466 Posts
Quoting Vilgax
Long from 4480 am expecting it to clear 4500 again and have TP set at 4566 and second TP at 4600.

KA-CHING - 9 hours later but worth the stress and wait. good weekend to all! cheers til Monday
The forex market has its own life and takes its own time.
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