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  • #481,601
  • Jul 6, 2011 9:24am Jul 6, 2011 9:24am
Quoting cloggie
Come on, can we have a few more muppets buying this, there is a green candle on a 1/2 second chart, that should do it.

I really hope we have had some margin calls today, that should clear the thread a bit of the dumbwits.
Hero calls followed by margin calls...
  • #481,602
  • Jul 6, 2011 9:24am Jul 6, 2011 9:24am
took a chance and shorted / scslped that drop with 1/2 margin....nice scalp....damn...watch it soar at 11....LOL!
  • #481,603
  • Jul 6, 2011 9:25am Jul 6, 2011 9:25am
Quoting Hawk2
Never did like the MACD even though some swear by it.

My point to him is to SIMPLIFY what he is looking at until he is ready to add something new. My god when I started trading with computers and people started coming up with indicators, I probably went thru about every single one looking for that holy grail.

Ended up back to simple and sticking to the plan before I started making money at this silly game.


STILL HOLDING SHORT!
You said you use moving averages to trade...

Tell me how that is different then using the MACD?

Do you know what MACD shows?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #481,604
  • Jul 6, 2011 9:25am Jul 6, 2011 9:25am
10 bn in 5 min. Normally not even 1.
  • #481,605
  • Jul 6, 2011 9:25am Jul 6, 2011 9:25am
Quoting PhAnTi'

I really hope my sarcasm will keep some from countering a trend in the future, come on every TF all the way to the daily is pointing down, why fight a 200 pip move to get lucky on the occasional 5 pipper, that is just madness.

See y'all later, going to have a break.

I would really like to see another 50 pips or so, that should wipe out a few more accounts.
  • #481,606
  • Jul 6, 2011 9:26am Jul 6, 2011 9:26am
What are your immediate targets ?

I have 1.4283/5...

W
  • #481,607
  • Jul 6, 2011 9:27am Jul 6, 2011 9:27am
Quoting PhAnTi'
cable gettin funny right now..... stop hunting ² below this demand
if you look at £ monthly, price trapped buy volume, but confirmed a buy phase with candle close outside channel (grey box).

Price retracing to mid channel.

http://i.imgur.com/RdeFk.gif
Politics is the womb in which war develops.
  • #481,608
  • Jul 6, 2011 9:27am Jul 6, 2011 9:27am
Quoting Magix
You said you use moving averages to trade...

Tell me how that is different then using the MACD?

Do you know what MACD shows?

Yes Magix,

Just found personally that plotting the Ema's on the chart is easier for me than the indicator is all.
  • #481,609
  • Jul 6, 2011 9:27am Jul 6, 2011 9:27am
Quoting PhAnTi'
cable gettin funny right now..... stop hunting ² below this demand

Attachment

Attachment
I hope so, I am greedy this morning... averaged in around 6058.
  • #481,610
  • Jul 6, 2011 9:27am Jul 6, 2011 9:27am
Quoting cloggie
I really hope my sarcasm will keep some from countering a trend in the future, come on every TF all the way to the daily is pointing down, why fight a 200 pip move to get lucky on the occasional 5 pipper, that is just madness.

See y'all later, going to have a break.

I would really like to see another 50 pips or so, that should wipe out a few more accounts.
yeah... our friend raghu should be in whooping -300 by now
  • #481,611
  • Jul 6, 2011 9:27am Jul 6, 2011 9:27am
short since 4450. Its not updated because VT is down but u can see the triangle forming on the daily. I'm guessing it will continue trending downward towards the bottom. By the time NFP gets here, It I'll probably break through to the downside. (The Pair could bounce on a rate hike from Trichet)
Attached Image (click to enlarge)
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  • #481,612
  • Jul 6, 2011 9:28am Jul 6, 2011 9:28am
Quoting Venice
Fair Enough sisse. Granted, we still have this silly overall tech Triangle to pay attention too. Will be happy to move out either way. I am purely a tech trader so I miss a lot of that stuff (FA). Probably should pay more attention to it, but I fear it will skew my judgement.
Sure....

In any case, fantastic perpendicular move intraday. Closed too early in the morning (obviously thats after the fact ...) but it reached the key 1.428x.

Best r:r for longs by far (obviously I don't take blind entries in a move lilke that) and my hands are itching to go long but my head is telling me to wait till the ECB/NFP combo so I am sticking to the ES for today....good luck

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #481,613
  • Jul 6, 2011 9:28am Jul 6, 2011 9:28am
Quoting cloggie
I really hope my sarcasm will keep some from countering a trend in the future, come on every TF all the way to the daily is pointing down, why fight a 200 pip move to get lucky on the occasional 5 pipper, that is just madness.

See y'all later, going to have a break.

I would really like to see another 50 pips or so, that should wipe out a few more accounts.
yep....but im surprised that even guys like chazzle and usdbear did so today.... usually they know what to do...

anyway have a kitkat
Hero calls followed by margin calls...
  • #481,614
  • Jul 6, 2011 9:29am Jul 6, 2011 9:29am
Quoting Seann303$$
yeah... our friend raghu should be in whooping -300 by now

He freakin deserves it, hope it wipes him out.
  • #481,615
  • Jul 6, 2011 9:29am Jul 6, 2011 9:29am
if 80 dont hold near term support comes around 35
  • #481,616
  • Jul 6, 2011 9:30am Jul 6, 2011 9:30am
Quoting Munal
if 80 dont hold near term support comes around 35

80 is a big fecker.


Gonna make another cup of tea while this consolidates here.
  • #481,617
  • Jul 6, 2011 9:31am Jul 6, 2011 9:31am
Quoting PhAnTi'
Did you trade ..?

2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #481,618
  • Jul 6, 2011 9:31am Jul 6, 2011 9:31am
Quoting cloggie
80 is a big fecker.


Gonna make another cup of tea while this consolidates here.
  • #481,619
  • Jul 6, 2011 9:32am Jul 6, 2011 9:32am
Quoting cloggie
Come on, can we have a few more muppets buying this, there is a green candle on a 1/2 second chart, that should do it.

I really hope we have had some margin calls today, that should clear the thread a bit of the dumbwits.
How much south can we expect cloggie?

I'm still in a trade from about two weeks ago that I sold the bottom at 1.41101, like the muppet I am. (Damn I pick EXACT bottoms and tops all the time, unfortuntatly I always go the wrong way, if I could reverse that I'd be godlyke)

Went 467 pips against me (600 pip sl lol), now only -189.

The daily looks like it could follow through in a couple of days or weeks and put me in profit, but i'm wondering if I'd be better off cutting my losses here before some big long rebound. EU has been making stupid crazy moves. Makes no sense, yaaaaaaaaa were not defaulting...........EU goes up.
  • #481,620
  • Jul 6, 2011 9:32am Jul 6, 2011 9:32am
Quoting cloggie
80 is a big fecker.


Gonna make another cup of tea while this consolidates here.
55 next. that's where we may stop and contemplate a little.
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