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  • #487,101
  • Jul 12, 2011 10:33am Jul 12, 2011 10:33am
Quoting Faller
huh? dollar index......it has been dropping all day and continues to drop with volume.....GU is rising......oil if moving higher and higher......EU has been in a 30 pip range since 9AM......WTF......wait for a break......you are trying to hard.
Cable rejected hard... wow. What a screwy currency. Daily whipsaws!
  • #487,102
  • Jul 12, 2011 10:34am Jul 12, 2011 10:34am
Quoting cloggie
First consolidation all week, nothing better to do then to come here for a dose of entertainment.
same reason some other muppets come here as well.
  • #487,103
  • Jul 12, 2011 10:34am Jul 12, 2011 10:34am
Quoting pkimnyc
same reason some other muppets come here as well.
  • #487,104
  • Jul 12, 2011 10:35am Jul 12, 2011 10:35am
Quoting swano
at this very moment
its a game of both sides

we have a buyer test bar i think
forget the candle name

so in short term you may be set to gain
or not ?

just let it happen and monitor your stoploss
I'm not being snarky or sarcastic here: this post has the cadence and imagery of poetry. Very nice.
  • #487,105
  • Jul 12, 2011 10:35am Jul 12, 2011 10:35am
Quoting cloggie
First consolidation all week, nothing better to do then to come here for a dose of entertainment. Only a muppet would trade this crap right now, I would rather wait for the next runner, loads easier and a heck of a lot more profitable, some here just don't know when not to trade. The same muppets as always chasing the same 20 pip moves, gamblers, the lot of them......
that, i agree.
  • #487,106
  • Jul 12, 2011 10:36am Jul 12, 2011 10:36am
Quoting cloggie
First consolidation all week, nothing better to do then to come here for a dose of entertainment. Only a muppet would trade this crap right now, I would rather wait for the next runner, loads easier and a heck of a lot more profitable, some here just don't know when not to trade. The same muppets as always chasing the same 20 pip moves, gamblers, the lot of them......
M1 has been oscillating wonderfully, if your into that type of thing.
  • #487,107
  • Jul 12, 2011 10:36am Jul 12, 2011 10:36am
Quoting pennies
closed at .6987, + 20,

reentering short for the 3rd time, adding one lot now and one lot pending at 3999 ...

Very Well into the green so letting this one ride based on $$ index, Sl above previous wave high ...
There is quite a bit of upside potential yet today....
1.4032 to 1.4040 is the next zone of interest and then we still have 1.4150 to 14205 before the New York close. They don't call it "Turn-around Tuesday" for nothing...Good Luck!
  • #487,108
  • Jul 12, 2011 10:37am Jul 12, 2011 10:37am
Quoting Faller
u might have 10 cents! I'm from Canada also.....and I think that type of accident is very very rare.
...but I was being sarcastic here. I didn't read the link, but "flying bear" was just too funny.

The only one I can recall like it was a headline about a bear on ice skates killing a guy in Kyrgyzstan.
  • #487,109
  • Edited 10:39am Jul 12, 2011 10:38am | Edited 10:39am
Quoting Ultimate6
4015 region looks a bit strong to me now.

you must never make things a certainty and if your new you shouldnt be playing the 5mins and 1 m charts at all

look for longe times to trade or your bound to lose money
once your good at long term trading and can see chart movement with your naked eye then trade smaller times

remember you dont join the army at sgt or wo
you start at private and work up ok

time is a learning process and you need to learn to survive first ok
dont spend all your money

spend very very little and increase risk slowly slowly

till your very good ok

indicators dont work, patterns dont work
gut s dont work
schematics do work, you learn how things happen by tape recording your mind to see things happen ok

or schemas whatever that memory thing in pychology get my drift
  • #487,110
  • Jul 12, 2011 10:38am Jul 12, 2011 10:38am
Quoting Venice
M1 has been oscillating wonderfully, if your into that type of thing.

I just switched accts to a much lower spread and scalped full margin lots on the m1 yesterday like a thief...yes...scary....will never do again but added anothr 1% in 30 mins.....lower spreads are shwwweeet
  • #487,111
  • Jul 12, 2011 10:39am Jul 12, 2011 10:39am
Quoting Venice
M1 has been oscillating wonderfully, if your into that type of thing.
Yeah I switched there some time ago on the stochastics 14,6,3.

It's pretty sad when the 1m stochastics are ranging around the 50 level...
  • #487,112
  • Jul 12, 2011 10:40am Jul 12, 2011 10:40am
Quoting WallStBully
Why in the world would anyone buy the EUR/NZD, or EUR/AUD,...this retrace is mind boggling,...
no ... dont think it goes up only when there are ppl buying....
60 pips retrace in 4 hr... thats nothing compared to 1000's of pips in downtrend

it could be ppl buying but only few ... most of them are actually closing and taking profits on there sells (and inturn they are the real buyer that you see on the chart)
  • #487,113
  • Jul 12, 2011 10:40am Jul 12, 2011 10:40am
Updated chart
Attached Image (click to enlarge)
Click to Enlarge Name: eurus33336.gif Size: 34 KB
  • #487,114
  • Jul 12, 2011 10:40am Jul 12, 2011 10:40am
Quoting Faller
huh? dollar index......it has been dropping all day and continues to drop with volume.....GU is rising......oil if moving higher and higher......EU has been in a 30 pip range since 9AM......WTF......wait for a break......you are trying to hard.
'trying to hard', nah, just watching the charts .. wait for a break? nah, ride to the break and add more!

I am scalping and playing very short term 10 sec - 5m for the most part.

be concerned with your progress and trade your way and let others do their way.

30 pip range? not complaining, rode it 3 times so far ...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: euroscalp.gif Size: 43 KB
Click to Enlarge Name: 10scamp.gif Size: 40 KB
I gotta dollar .. I gotta dollar .. I gotta dollar .. HEY HEY HEY HEY
  • #487,115
  • Jul 12, 2011 10:40am Jul 12, 2011 10:40am
Quoting OldQuant
I'm not being snarky or sarcastic here: this post has the cadence and imagery of poetry. Very nice.


sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #487,116
  • Jul 12, 2011 10:40am Jul 12, 2011 10:40am
Quoting cloggie
The same muppets as always chasing the same 20 pip moves, gamblers, the lot of them......
I'm a newb with a serious question, so please don't call me a muppet. Although, I might be one. What's wrong with a 20 pip move?
  • #487,117
  • Jul 12, 2011 10:40am Jul 12, 2011 10:40am
Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 87 KB
  • #487,118
  • Jul 12, 2011 10:41am Jul 12, 2011 10:41am
Quoting BlueCirrus
There is quite a bit of upside potential yet today....
1.4032 to 1.4040 is the next zone of interest and then we still have 1.4150 to 14205 before the New York close. They don't call it "Turn-around Tuesday" for nothing...Good Luck!
Thanks, good luck to you to but don't play off of luck.

"Who" calls it turn around Tuesday? quite often calls are wrong ...

Tomorrow is a big big news day and event day, we won't break out to much higher ... pre-news days are good for scalps, and the rest are good for range trading.
I gotta dollar .. I gotta dollar .. I gotta dollar .. HEY HEY HEY HEY
  • #487,119
  • Jul 12, 2011 10:42am Jul 12, 2011 10:42am
Quoting attila
Attachment
Id like it to just stop going east
  • #487,120
  • Jul 12, 2011 10:44am Jul 12, 2011 10:44am
Quoting needpips
Id like it to just stop going east
give it some time...
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