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EURUSD

  • #489,101
  • Jul 13, 2011 11:41pm Jul 13, 2011 11:41pm
Quoting 2+2=4ex
Now that's what I'm talking about! F--k this trading s--t. Bald kitties in short tennis skirts what makes the world go round.

lol.....
  • #489,102
  • Jul 13, 2011 11:42pm Jul 13, 2011 11:42pm
Quoting georgiabmw
looks like a hs pattern
not a big fan of patterns or trend lines. What one sees others do not see.

I trade clear cut horizontal support and resistance.

keep it simple and enjoy the $$$
  • #489,103
  • Jul 13, 2011 11:44pm Jul 13, 2011 11:44pm
Quoting georgiabmw
lol.....
Apologies for some of the vulgar language. The photo along with 32 ounces of pure sugar juice got me pumped up.
  • #489,104
  • Jul 13, 2011 11:44pm Jul 13, 2011 11:44pm
Quoting Jazznos
4205.9? Could you please be a little more specific? Bit vague dont you think?
Shhhhhhhhhhhhhhhhh. Don't disturb him. He's murmuring to himself.
The Thief of Wall Street
  • #489,105
  • Jul 13, 2011 11:46pm Jul 13, 2011 11:46pm
Morning , so continued up without retracement & now can assume reach a/c , 5th wave but can be 3rd in the channel too . whatever it be next lower limit comes 1.4053 before up & now the topmost limits for smaller movements 4192 & confirmation 4130 to break go there or more down .All tls of the previous breakout tested in toto , daily close one 4269 ,so probable short for me either after breaks one after the other limits or go above 4252 .
lets see .
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #489,106
  • Jul 13, 2011 11:47pm Jul 13, 2011 11:47pm
Quoting Jazznos
Dude dont be telling me that! I just shorted that beatch! 3 hits to that resistance? You gotta be kidding me!
you can short aud/usd. I'm not telling you not to short it.
What i'm saying is keep an eye on the bullish breakout. When that happens its going to be strong and hard. Lets say it does not happen (which i doubt) then nothing wrong in shorting.

I personally would not short it. Why did you short it? Share your chart with your analysis and lets get your perspective on it.
  • #489,107
  • Jul 13, 2011 11:47pm Jul 13, 2011 11:47pm
Bernanke Testifies today too, let see what he going to fire
Mohan
  • #489,108
  • Jul 13, 2011 11:48pm Jul 13, 2011 11:48pm
Quoting Chicky
Shhhhhhhhhhhhhhhhh. Don't disturb him. He's murmuring to himself.
  • #489,109
  • Jul 13, 2011 11:48pm Jul 13, 2011 11:48pm
Quoting Chicky
Shhhhhhhhhhhhhhhhh. Don't disturb him. He's murmuring to himself.
http://www.forexfactory.com/attachme...1&d=1309506136
The Thief of Wall Street
  • #489,110
  • Jul 13, 2011 11:51pm Jul 13, 2011 11:51pm
nice tan...
Look Sharp/Trade Tight
  • #489,111
  • Jul 13, 2011 11:51pm Jul 13, 2011 11:51pm
Quoting Chicky
http://www.forexfactory.com/attachme...1&d=1309506136
Hehehe.
  • #489,112
  • Jul 13, 2011 11:53pm Jul 13, 2011 11:53pm
Quoting torontobboy2
you can short aud/usd. I'm not telling you not to short it.
What i'm saying is keep an eye on the bullish breakout. When that happens its going to be strong and hard. Lets say it does not happen (which i doubt) then nothing wrong in shorting.

I personally would not short it. Why did you short it? Share your chart with your analysis and lets get your perspective on it.
Well... not saying im right or whatever, but looking on the daily, weve been bouncing all over that range for some time, and that level has been hit stacks of times, plus as per my orange fib, its the 80.9 resistance region of the major upswing, so based purely on S/R i thought it was worth a short.

I had just set my SL to BE on my EUR trade, so i was more game to take a punt. Technically i try to only make ABCD retracement trades, so this is a bit "off method" but if i see good s/r setups i will also take em. I got in a bit late mind you ideally... and there was a fair bit of upward momentum happening, so im relying a bit on history repeating itself as much as anything... we'll see
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  • #489,113
  • Jul 13, 2011 11:54pm Jul 13, 2011 11:54pm
Quoting Jazznos
4205.9? Could you please be a little more specific? Bit vague dont you think?
I never understood the ".9" part. ??? So it has to hit to the hundreth-thousandth for it to be valid???

Here's what I really don't understand... how do you know a brokers feed is even accurate to that degree??? Sounds like hocus pocus stuff to me.
  • #489,114
  • Jul 13, 2011 11:57pm Jul 13, 2011 11:57pm
Here's a short setup I see. Not saying it's going to happen, but the risk reward is favorable enough in my opinion to maybe take a stab at it. I put "RR 2:1" on the chart, but it's probably higher than that. Just being conservative at a quick glance.
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  • #489,115
  • Jul 13, 2011 11:57pm Jul 13, 2011 11:57pm
attached.

the green box has seemed to turn into support and the round number below is 1.25

find your intraday support and look for long oppertunitites... ofcourse, have only one trade opened at a time and "make sure" you profit big from it rather than having 10 trades and losing sleep over it.
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  • #489,116
  • Jul 14, 2011 12:00am Jul 14, 2011 12:00am
Quoting 2+2=4ex
I never understood the ".9" part. ??? So it has to hit to the hundreth-thousandth for it to be valid???

Here's what I really don't understand... how do you know a brokers feed is even accurate to that degree??? Sounds like hocus pocus stuff to me.
Well Id never seen Gator be quite that pedantic before so it raised a bit of a chuckle... I dont know his methods and how he decides these levels. Ive said before they rarely coincide with mine, so were obviously looking at differnent things, not right or wrong, just different... but when i think of levels theres a decent grey area around them as we all know thats how things work. Sometimes i'll get my fibs hit within 1-3 pips, but... you know :-)

No diss here Gator by the way - just funny with the .9...!
  • #489,117
  • Jul 14, 2011 12:00am Jul 14, 2011 12:00am
s 22
those who can, do. those who cant, talk about those who can
  • #489,118
  • Jul 14, 2011 12:05am Jul 14, 2011 12:05am
Quoting mohan76
Bernanke Testifies today too, let see what he going to fire

he always has a silver bullet
I don't trust any move - when you have profit...take it.
  • #489,119
  • Jul 14, 2011 12:05am Jul 14, 2011 12:05am
Quoting gatorinla
s 22
hocus pocus...
Look Sharp/Trade Tight
  • #489,120
  • Jul 14, 2011 12:05am Jul 14, 2011 12:05am
Quoting gatorinla
s 22
R u looking for lower than 415?
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