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  • #486,221
  • Jul 11, 2011 8:34pm Jul 11, 2011 8:34pm
Quoting pkimnyc
awesome. looking forward to seeing you.
Likewise brother!

edit: fak me...these pips just don't want to stop!
  • #486,222
  • Jul 11, 2011 8:35pm Jul 11, 2011 8:35pm
Quoting KCV
Hi Ken,

How did you do yesterday. Hope lot of Green Pips.

Lol was afraid to even have a shot of rum...lol...So tensed and made a good green pips.

Thanks for all your help.
Plenty here, brother. Glad you got your fill, too!
  • #486,223
  • Jul 11, 2011 8:36pm Jul 11, 2011 8:36pm
Quoting tradercnx
What do the ABC on your chart represent? And the lines, what are they?
alphabets and lines. :nerd:
  • #486,224
  • Jul 11, 2011 8:36pm Jul 11, 2011 8:36pm
Quoting Magix
Gotta few here n there...



How'd ya make out G?
yesterday nothing. today grabbed some 25 pips but also took one wrong trade. buy at 4256. i got distracted by some chats here early morning. shall i close it ?

Edit: oops...i meant 4056
Hope
  • #486,225
  • Jul 11, 2011 8:37pm Jul 11, 2011 8:37pm
Quoting darimik
tried a few counter trades.. failing to produce highs and now we got another stab for the lows. easier just to follow
One time I don't mind being one of the sheeple!
  • #486,226
  • Jul 11, 2011 8:39pm Jul 11, 2011 8:39pm
Will we see a record for fastest 100 pip drop? From 1.4000 to 1.3900.
  • #486,227
  • Jul 11, 2011 8:39pm Jul 11, 2011 8:39pm
The lines may be red, but I can assure you...its all GREEN!!!

Attached Image (click to enlarge)
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  • #486,228
  • Jul 11, 2011 8:39pm Jul 11, 2011 8:39pm
Quote
Originally Posted by stulic
1.4 is going to be tested next week.
Quoting FX-Ray
Possible but improbable.
I would seriously reconsider using that Bell curve for future trading. Just my 2c.
Don't get mad, get even!
  • #486,229
  • Jul 11, 2011 8:43pm Jul 11, 2011 8:43pm
Quoting 2+2=4ex
Will we see a record for fastest 100 pip drop? From 1.4000 to 1.3900.
That will be great to say a good night.

  • #486,230
  • Jul 11, 2011 8:45pm Jul 11, 2011 8:45pm
Quoting TheGamer
yesterday nothing. today grabbed some 25 pips but also took one wrong trade. buy at 4256. i got distracted by some chats here early morning. shall i close it ?
If ya know you are on the wrong side, and your trade is underwater...

Well, I know what I would do...

Get on the right side of the trade and take profitable triggers...

Read through the pages here from last night, see how many bought and assumed instead of triggered in trend...

I expect a retrace, but still taking the fast quickies...until I see otherwise, that is always the best plan...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #486,231
  • Jul 11, 2011 8:49pm Jul 11, 2011 8:49pm
I wonder how oversold this can get, my 4H and 8H are pretty deep down and the daily is on the edge of OS.
  • #486,232
  • Jul 11, 2011 8:50pm Jul 11, 2011 8:50pm
For some...almost inexplicable reason...I just took a long!!!

Will add one a little below...but will be fakking out of here in a blink if we don't bounce!
  • #486,233
  • Jul 11, 2011 8:50pm Jul 11, 2011 8:50pm
Hope Gator is watching the market.. He was calling for this all day.
  • #486,234
  • Jul 11, 2011 8:51pm Jul 11, 2011 8:51pm
Quoting Magix
If ya know you are on the wrong side, and your trade is underwater...

Well, I know what I would do...

Get on the right side of the trade and take profitable triggers...

Read through the pages here from last night, see how many bought and assumed instead of triggered in trend...

I expect a retrace, but still taking the fast quickies...until I see otherwise, that is always the best plan...
All H4 are red. don't know if it would retrace or not
Hope
  • #486,235
  • Jul 11, 2011 8:53pm Jul 11, 2011 8:53pm
Quoting kenfen69
For some...almost inexplicable reason...I just took a long!!!

Will add one a little below...but will be fakking out of here in a blink if we don't bounce!
Dude dont say that...! This baby's going down! I hope... Much as I wish you every success, in this case, i hope youre wrong!
  • #486,236
  • Jul 11, 2011 8:53pm Jul 11, 2011 8:53pm
Quoting tradercnx
What do the ABC on your chart represent? And the lines, what are they?
Charts are based on ELLIOT WAVE THEORY...ABC...12345..etc etc...

Lines are for pattern recognition...If it does not fit its something else..

But apart from these....... Fibs are the most important part of the chart...

Not the ones which are shown but the ones that are not shown...HERE....

The second chart shown is the mother of all the traps for buying the TOP and stopping every MOFU that went short from the top.(1.4939)
Markets are not Random, they are designed!
  • #486,237
  • Jul 11, 2011 8:55pm Jul 11, 2011 8:55pm
Quoting Turveyd
Odds are we'll turn up and profit take back to 1.4150 area, hmmmmmm dunno.


Hate taking counter trend plays, but also hate getting in after a big move so tricky.

USDCAD short currently, better resistance ahead and up move in a downtrend better odds.


check again.
I don't trust any move - when you have profit...take it.
  • #486,238
  • Jul 11, 2011 8:56pm Jul 11, 2011 8:56pm
Quoting Raza
Even the Experienced 10+v have no clue most of the time.......

Believe me its not easy.....

2 CHARTS THAT CAN SAVE euro FROM GOING DOWN...

What ever position you take manage it properly....There is no need to be greedy... OR GOING IN BIG...

market will give opportunity at least once a week.....for No Brainer trades....

Learn to use FIBONACCI properly.....
raza get them charts updated they dont represent update prices but i could see clearly what you thinking
  • #486,239
  • Jul 11, 2011 8:57pm Jul 11, 2011 8:57pm
Quoting stulic
I would seriously reconsider using that Bell curve for future trading. Just my 2c.
Can't be too hard on the guy. He's basically playing probability and statistics. But...

I, too, questioned him when he said chance of breaking 1.40 was 5% yesterday. I asked if he knew the odds of a black swan flying past my window? Didn't get a response...and hours later 1.40 was broken.

Sometimes fundamentals just cannot be ignored. Yesterday was proof of that.
  • #486,240
  • Jul 11, 2011 8:57pm Jul 11, 2011 8:57pm
Quoting Faller


check again.
With Chino open between their previous close and weekly lows, it is a bit of a crap shoot as to which way they will take it...

I am not assuming they cannot crack bottom, and still taking short triggers on the short charts, but I wouldn't be a bit surprised if they started loading for a quickie long set into London....
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
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