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  • #460,601
  • Jun 13, 2011 2:31am Jun 13, 2011 2:31am
Quoting tonegawa
Didn't london open half an hour ago?

My bad was not clear in my post, "till we get the LO breakout"

Let them clear the book for the overnight orders and see where the break takes us. I have my levels set I am eyeballing here for the first trade of the day, we'll see.
  • #460,602
  • Jun 13, 2011 2:32am Jun 13, 2011 2:32am
Using suicide MM lol

32 to 48 +16
58 to 35 +23
Now long again.

This dip came two hours to soon. Wondering if I'm off completely. Or two hours behind on the projection and this is the next 1hr 30 mins is the last chance at getting long before it takes off. Here come more pips. Team Foil hat f@ck yeah.
Founder of Sutherland Wave Principle
  • #460,603
  • Jun 13, 2011 2:32am Jun 13, 2011 2:32am
Quoting T.E.Lawrence
No. I only have 4 points left in the FMS of my time machine. That means I can reach only Tuesday and back. I could reach Thursday - but then I would be stuck in teh future.

you said you had 4320 as a low for this week, but with that tone i dont really care what you think, say or do

enjoy
  • #460,604
  • Jun 13, 2011 2:32am Jun 13, 2011 2:32am
Quoting tonegawa
Didn't london open half an hour ago?
I think so. But ze germans are on holiday.

French are too - but who cares.
  • #460,605
  • Jun 13, 2011 2:33am Jun 13, 2011 2:33am
Quoting T.E.Lawrence
- but who cares.

Yup, not many.
  • #460,606
  • Jun 13, 2011 2:35am Jun 13, 2011 2:35am
Quoting cloggie
a bit more ranging and a further test of that high Franky just set.

Who would have thunked, ah feckin Cloggie again........
  • #460,607
  • Jun 13, 2011 2:39am Jun 13, 2011 2:39am
Quoting cloggie
Who would have thunked, ah feckin Cloggie again........
High frequency time travel - cool thing, but it's a little bit too pricey for me at the moment (I'm talkin now).
  • #460,608
  • Jun 13, 2011 2:42am Jun 13, 2011 2:42am
Quoting T.E.Lawrence
but it's a little bit too pricey for me at the moment (I'm talkin now).

Yup still ranging here, scalping territory. Fun to watch the noobs taking trades on silly signals and getting stopped out here though...... Right at the London close from Friday and cannot touch the Franky high yet, with the overnight low holding. Anyone with a bit of a brain should be drawing roughly the same conclusions here, no indies required.



Moody Monday.
  • #460,609
  • Jun 13, 2011 2:44am Jun 13, 2011 2:44am
Quoting cloggie
Who would have thunked, ah feckin Cloggie again........
I shorted 62 with s/l 82. Took some at 35. Overall +27. Still in bearish mode. 4250 should be a target price, but still we are not in full gear as there is a bank holiday undergoing.
  • #460,610
  • Jun 13, 2011 2:45am Jun 13, 2011 2:45am
Quoting cloggie
My bad was not clear in my post, "till we get the LO breakout"

Let them clear the book for the overnight orders and see where the break takes us. I have my levels set I am eyeballing here for the first trade of the day, we'll see.
thats cryptic
rat
  • #460,611
  • Jun 13, 2011 2:45am Jun 13, 2011 2:45am
Quoting Brandon
Hello everyone. Hope you all had a good weekend!

Quick question:

How is it possible that RSI is at 36 and Stoch is at 72, like the H1 chart for this pair? These two things are contradicting each other.

RSI is telling me that it is just above oversold level and Stoch is telling me that this pair is just under overbought level.

Can somebody help me out?

Thanks,

Brandon
Yes and? Since when do currencies follow overbought or oversold signals, something changed overnight that hasn't happened in the last few decades?

Currencies can remain oversold or overbought a lot longer then your account can handle. That last runup on the back of QE2 is an excellent example of how useless overbought really is.
  • #460,612
  • Jun 13, 2011 2:46am Jun 13, 2011 2:46am
Quoting cloggie
Yup still ranging here, scalping territory. Fun to watch the noobs taking trades on silly signals and getting stopped out here though...... Right at the London close from Friday and cannot touch the Franky high yet, with the overnight low holding. Anyone with a bit of a brain should be drawing roughly the same conclusions here, no indies required.



Moody Monday.
if i remember correct Talentfx's indicators right now much be asking him to short and long at bothways at the same time... LOL
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #460,613
  • Jun 13, 2011 2:48am Jun 13, 2011 2:48am
Quoting cloggie
Yes and? Since when do currencies follow overbought or oversold signals, something changed overnight that hasn't happened in the last few decades?

Currencies can remain oversold or overbought a lot longer then your account can handle. That last runup on the back of QE2 is an excellent example of how useless overbought really is.
another great example is the Facking Aussie... who wouldve known the AUDUSD would keep rising completely overbought since gold price has ever been rising...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #460,614
  • Jun 13, 2011 2:48am Jun 13, 2011 2:48am
Quoting rattyo
thats cryptic
pretty sure the old cloggsmister has you on ignore...
Look Sharp/Trade Tight
  • #460,615
  • Jun 13, 2011 2:49am Jun 13, 2011 2:49am
Quoting T@rantula
I shorted 62 with s/l 82. Took some at 35. .
I want to see a proper test of that Franky high first, got a few triggers up there. But yes, scalping is the order of the day thus far.
  • #460,616
  • Jun 13, 2011 2:49am Jun 13, 2011 2:49am
Quoting PayTheLimit
pretty sure the old cloggsmister has you on ignore...

  • #460,617
  • Jun 13, 2011 2:51am Jun 13, 2011 2:51am
4367
  • #460,618
  • Jun 13, 2011 2:51am Jun 13, 2011 2:51am
Quoting cloggie
a bit more ranging and a further test of that high Franky just set.
Quoting cloggie
I want to see a proper test of that Franky high first,



Ah well, got some work to do here and spending too much time, or any, on this thread just gets in the way.

See y'all later.
  • #460,619
  • Jun 13, 2011 2:53am Jun 13, 2011 2:53am
Quoting powertrading
i've built long positions from 1.4326. Dax heading up backs long pos on eurusd at the moment
targeting 1.4448
  • #460,620
  • Jun 13, 2011 2:53am Jun 13, 2011 2:53am
Quoting T.E.Lawrence
I think so. But ze germans are on holiday.

French are too - but who cares.
Yes, big parts of Europe are o holiday this Monday. In Romania there is the same holiday. It's a religious celebration.

Also we have very light economic calendar today in Europe and no news from US, so that's why FX is so quiet.

I see first resistance at 1.4401 (the daily pivot line) and first support at 1.4305 (the June 1st low)
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