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  • #460,501
  • Jun 12, 2011 8:28pm Jun 12, 2011 8:28pm
Quoting Mr Hatch
i still don't know, what mapa actually is...
still working on it.. i use it for reversals. 4639 was 90% of a mapa target. but it floats.. so it then became 4657.. dont you recall what was at 4655? all time fib.. 4695 was the lower mofu for 4939 another failed attempt. so i started big shorts at 4687... the move still wants what it came for (100%+) but it will be hard to recover as oil drops.. (less chance of inflation). a = move on the bear side is 3250ish.. floating so as we move this # goes lower. plus we usually over correct. now if you take the tops since 2008 into account.. then this up move is just a bounce. and the momentum is lower.

think about this. the s/p is a stock market. it goes up usually slower then it falls. the usd is correlated to the s/p for most of the last 30+ years.
those who can, do. those who cant, talk about those who can
  • #460,502
  • Jun 12, 2011 8:36pm Jun 12, 2011 8:36pm
Quoting gatorinla
4329 is a b/o # but let me add.
a open below 4327 may be a more bearish sign on a bigger tf. (not on candles). below 4195 just adds weight.
with each below there is an above that is opposite.
Fridays' close was a b/o close to me below 4358.(using candles) next one for me at 4289 00est close
weekly 4118.4
whats old is new again. its awful quiet now.
those who can, do. those who cant, talk about those who can
  • #460,503
  • Jun 12, 2011 8:37pm Jun 12, 2011 8:37pm
should i buy now ? kiwi earth quake (5.2) looks not mayor one.

edit : good news police say no injuries
Mohan
  • #460,504
  • Jun 12, 2011 8:47pm Jun 12, 2011 8:47pm
Quoting mohan76
should i buy now ? kiwi earth quake (5.2) looks not mayor one.

edit : good news police say no injuries
nzd/usd came off hard on the top of the monthly after the close of the weekly high of 8213
  • #460,505
  • Jun 12, 2011 8:50pm Jun 12, 2011 8:50pm
Quoting gatorinla
both of those candles are a bearish piercing (monthly and weekly).. the weekly closed below the monthly last monthly close. its about as bearish as it gets w/o both being engulfed.

at the open there is some minor (major for the tf) support on a 1 and 3 h chart about 4329... (b/o # when closed only) we have already been to 4322. but we did close at 4347.

the b/o # on the 4/8h is 4340..
these backup the day b/o.. but at any time we can run w/o them. you cant see it on a feed that the broker turns off. but all have been closed below. all can run at any time.. the breakout has already been validated. now its up to support to stop it.
those who can, do. those who cant, talk about those who can
  • #460,506
  • Jun 12, 2011 8:53pm Jun 12, 2011 8:53pm
Quoting Mr Hatch
what a terrorist

btw... can you spot the mistake? I am really sick of it atm. EU monthly.
Eaaaaasy:

the low is not at 1.18


Had this prob several times and I do not know if it was due to corrupt data or not
  • #460,507
  • Jun 12, 2011 9:00pm Jun 12, 2011 9:00pm
Quoting gatorinla
whats old is new again. its awful quiet now.
coffee penalty is what im going to call this trade,
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  • #460,508
  • Jun 12, 2011 9:04pm Jun 12, 2011 9:04pm
  •  BaIdur
  • | Joined Apr 2011 | Status: Among the blind the oneeyed is king | 94 Posts
Quoting gatorinla
these backup the day b/o.. but at any time we can run w/o them. you cant see it on a feed that the broker turns off. but all have been closed below. all can run at any time.. the breakout has already been validated. now its up to support to stop it.
Good mornin! Do you think it's possible this is just a correction? It went right to the 50% Retrace and on M5 there's triple rejection at 4322.
What i thought about during the weekend is if "big boys" think it's time for a retrace - best way to do it is sudden and swift (e.g. on a friday afternoon) taking out as many stops as possible and reload....?
(this thought besides from any fundamental reasons)
i'm long n'till i'm short
  • #460,509
  • Jun 12, 2011 9:11pm Jun 12, 2011 9:11pm
s, added mine at 50.. and watching a movie..
those who can, do. those who cant, talk about those who can
  • #460,510
  • Jun 12, 2011 9:14pm Jun 12, 2011 9:14pm
Quoting Larseg
coffee penalty is what im going to call this trade,
you got a shot at 4395. but the place to long was 29 or below.. but you still have to pass 57/58 66 82 ..........
those who can, do. those who cant, talk about those who can
  • #460,511
  • Jun 12, 2011 9:17pm Jun 12, 2011 9:17pm
  •  BaIdur
  • | Joined Apr 2011 | Status: Among the blind the oneeyed is king | 94 Posts
Quoting BaIdur
Good mornin! Do you think it's possible this is just a correction? It went right to the 50% Retrace and on M5 there's triple rejection at 4322.
What i thought about during the weekend is if "big boys" think it's time for a retrace - best way to do it is sudden and swift (e.g. on a friday afternoon) taking out as many stops as possible and reload....?
(this thought besides from any fundamental reasons)
any bulls left out there?
i'm long n'till i'm short
  • #460,512
  • Jun 12, 2011 9:19pm Jun 12, 2011 9:19pm
Yep....Ill be adding round there....gonna watch PA 2

Quoting gatorinla
you got a shot at 4395. but the place to long was 29 or below.. but you still have to pass 57/58 66 82 ..........
  • #460,513
  • Edited 9:33pm Jun 12, 2011 9:23pm | Edited 9:33pm
Quoting BaIdur
Good mornin! Do you think it's possible this is just a correction? It went right to the 50% Retrace and on M5 there's triple rejection at 4322.
What i thought about during the weekend is if "big boys" think it's time for a retrace - best way to do it is sudden and swift (e.g. on a friday afternoon) taking out as many stops as possible and reload....?
(this thought besides from any fundamental reasons)
there is no rejection. we already closed below them.. ridding a candle up a little is normal. its a problem when that longer candle has a close opposite of the 50% mark in the same like tf. in other words.. you dont want the 4h (pick a tf your trading/ any tf) longer candle that put us here retraced and closed above 50% of that move. the smaller candle at the end of a move that consolidate. dont mean squat till a b/o.. either direction. we are flag building.

look at a weekly candle for an example.. the green candle was later pierced by the red candle last week by closing below 50% of the green candles body.. dont count the wick.... the same is true on the April green candle then the May red one.. the may closed below the 50% mark. a single candle don't mean shit. its as a group they tell you a story.. sometimes they lie.. sometimes the story is misinterpreted. but we did this at resistance. that makes things more probable. there are no sure bets.
those who can, do. those who cant, talk about those who can
  • #460,514
  • Jun 12, 2011 9:35pm Jun 12, 2011 9:35pm
Quoting needpips
Yep....Ill be adding round there....gonna watch PA 2
knowing about 52 made it a little easier.
those who can, do. those who cant, talk about those who can
  • #460,515
  • Jun 12, 2011 9:37pm Jun 12, 2011 9:37pm
back to the movie,,, i never saw se7en before.
those who can, do. those who cant, talk about those who can
  • #460,516
  • Jun 12, 2011 9:45pm Jun 12, 2011 9:45pm
  •  BaIdur
  • | Joined Apr 2011 | Status: Among the blind the oneeyed is king | 94 Posts
Quoting gatorinla
back to the movie,,, i never saw se7en before.
thx 4 reply - enjoy ya movie
i'm long n'till i'm short
  • #460,517
  • Jun 12, 2011 9:47pm Jun 12, 2011 9:47pm
Quoting BaIdur
any bulls left out there?
Yes...and No...

Really, why label yourself?

We have taken an pretty big bite on the down slope, with a weekly close that should wanting the Asian market a chance to back fill and below London areas.

The 1m is the supports with 2 retrace zones up on deck...M5 and M15...

Lines are the same off the chart toggle, see if you see what I see...

Sells @ rejection on red, buys on support with the greens...

M15 seems to be the chart to fill...question is...WHEN?
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #460,518
  • Jun 12, 2011 9:51pm Jun 12, 2011 9:51pm
Quoting gatorinla
back to the movie,,, i never saw se7en before.
WHAT?!?!?!?!?

Awesome Movie....

3 great actors in that one.

Kevin Spacey does a fantastic job, as does brad pitt, and really, what movie has Morgan Freeman done a bad job in...

Enjoy the flick G...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #460,519
  • Jun 12, 2011 9:58pm Jun 12, 2011 9:58pm
Quoting gatorinla
you got a shot at 4395. but the place to long was 29 or below.. but you still have to pass 57/58 66 82 ..........

I will not be that greedy today as everything will be choppy due to closed bourses... (who knows).

Should as you said have taken it out on 57-58 but was making coffee...
  • #460,520
  • Jun 12, 2011 10:06pm Jun 12, 2011 10:06pm
Quoting darimik
makes it nice when its lined up another chart would infer that closing some below 4311 would be detrimental for the bulls.
they still got it. walking on a thin ice. 4357 4407 to the topside, but I still have 1/2 of my shorts running from friday... for now
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