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  • #1,541
  • Aug 5, 2011 7:37am Aug 5, 2011 7:37am
EU short limit whipsawed and filled at 4204. We'll see how we go... see no fundamental reason to go further up.
Don't get mad, get even!
  • #1,542
  • Aug 5, 2011 7:39am Aug 5, 2011 7:39am
Quoting stulic
EU short limit whipsawed and filled at 4204. We'll see how we go... see no fundamental reason to go further up.
It came to WR.

I might short cable on further jump. S: 6362
  • #1,543
  • Aug 5, 2011 7:41am Aug 5, 2011 7:41am
Short the rallies is the option until the profit taking. ( check my post regarding Trading hours )
  • #1,544
  • Aug 5, 2011 7:55am Aug 5, 2011 7:55am
Quoting T@rantula
Dunno mate now, I cant predict, Ill react accordingly.

I was never good in gambling, but reasoning is my stronger side; )

Ill pay a beer or 10 lol no problems.
Ok ...

My reason is from here ... they will tend to take some risk again later ... before they take all that from the table ...

Rythmwise ... one more attempt up ... due to better figures ...

Then they get headaches ... and go into their beloved weekend ... and covering ...





;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #1,545
  • Aug 5, 2011 7:57am Aug 5, 2011 7:57am
Quoting stulic
EU short limit whipsawed and filled at 4204. We'll see how we go... see no fundamental reason to go further up.
Friday NFP day is not a fundamental day ...

And they always write their news articles after the market has come to a final decision ...
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #1,546
  • Aug 5, 2011 7:58am Aug 5, 2011 7:58am
Quoting mercy seat
Ok ...

My reason is from here ... they will tend to take some risk again later ... before they take all that from the table ...

Rythmwise ... one more attempt up ... due to better figures ...

Then they get headaches ... and go into their beloved weekend ... and covering ...





;-|

If DOw opens up positive in 30m time we may see a rise. Ill short the rally
  • #1,547
  • Aug 5, 2011 7:59am Aug 5, 2011 7:59am


Quoting T@rantula
If DOw opens up positive in 30m time we may see a rise. Ill short the rally
dreams do come true.
  • #1,548
  • Aug 5, 2011 8:03am Aug 5, 2011 8:03am
Quoting T@rantula
If DOw opens up positive in 30m time we may see a rise. Ill short the rally
Currently futures are up ...

DOW up ...

NASDAQ up ...

S&P up ...

GOLD down ...

T-Bonds down ...
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #1,549
  • Aug 5, 2011 8:05am Aug 5, 2011 8:05am
Quoting mercy seat
Friday NFP day is not a fundamental day ...

And they always write their news articles after the market has come to a final decision ...
Agreed, also this shorting the rallies is way too obvious for the market to tolerate without a few full reversals in between.
Nevertheless, weekend profit taking could indeed close the week at 1.39
Don't get mad, get even!
  • #1,550
  • Aug 5, 2011 8:07am Aug 5, 2011 8:07am
... i am not totally sure of that short...

forget the rest of the lines but that could be a bull flag on top of another bull flag. we will know if it is on the close of the next 30m, when Dow opens!

so we could have a decent move up still. 1.425?
Attached Image (click to enlarge)
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dreams do come true.
  • #1,551
  • Aug 5, 2011 8:07am Aug 5, 2011 8:07am
Quoting stulic
Agreed, also this shorting the rallies is way too obvious for the market to tolerate without a few full reversals in between.
Nevertheless, weekend profit taking could indeed close the week at 1.39
That would be good
  • #1,552
  • Aug 5, 2011 8:08am Aug 5, 2011 8:08am
Quoting T@rantula
If DOw opens up positive in 30m time we may see a rise. Ill short the rally
Yes both ...

First up ...

Then down again ...

Numbers was not that super big deal surprise ...

And we know US is not really tripple A ...


;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #1,553
  • Aug 5, 2011 8:09am Aug 5, 2011 8:09am
Quoting wannaberich
... i am not totally sure of that short...

forget the rest of the lines but that could be a bull flag on top of another bull flag. we will know if it is on the close of the next 30m, when Dow opens!

so we could have a decent move up still. 1.425?
4215 is weekly resistance 4250 is Daily. I think that orders are placed close to 4215 so it might be good for shorting into strength, grab some then stops on BE.
  • #1,554
  • Aug 5, 2011 8:14am Aug 5, 2011 8:14am
i will long it.

1.4212 is a big number on my cycles (daily). also coincides with the WP so i could short there with a 40 pip SL... (not confortable with such a big SL, though).

Let me ask you this: trend has been down this week so profit taking would take it up, right? not confortable with that idea. would be happier with the idea that big money will want to have a good weekly down candle for the coming week.

while i wrote this we went away from 54... so wait some more...

Quoting T@rantula
4215 is weekly resistance 4250 is Daily. I think that orders are placed close to 4215 so it might be good for shorting into strength, grab some then stops on BE.
dreams do come true.
  • #1,555
  • Aug 5, 2011 8:20am Aug 5, 2011 8:20am
Quoting mercy seat
Yes both ...

First up ...

Then down again ...

Numbers was not that super big deal surprise ...

And we know US is not really tripple A ...


;-|
We must be aware ... that market has seen a super bad day yesterday at NYSE ...

Die schlechte Laune ist etwas verflogen ... Amis sind wie kleine Kinder ... sind leicht zu erfreuen ...

Sorry cannot express everything in Enlish so fast ...

Trading is my profession ... not speakin' English or doing the simultan translator guy ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #1,556
  • Aug 5, 2011 8:23am Aug 5, 2011 8:23am
Quoting mercy seat
We must be aware ... that market has seen a super bad day yesterday at NYSE ...

Die schlechte Laune ist etwas verflogen ... Amis sind wie kleine Kinder ... sind leicht zu erfreuen ...

Sorry cannot express everything in Enlish so fast ...

Trading is my profession ... not speakin' English or doing the simultan translator guy ...



;-|
Don't get mad, get even!
  • #1,557
  • Aug 5, 2011 8:25am Aug 5, 2011 8:25am
Quoting stulic
Hehe ... ja ... so machste mir Freude!
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #1,558
  • Aug 5, 2011 8:27am Aug 5, 2011 8:27am
long
Attached Image(s) (click to enlarge)
Click to Enlarge Name: long28.JPG Size: 163 KB
Click to Enlarge Name: long28stat.jpg Size: 141 KB
  • #1,559
  • Aug 5, 2011 8:30am Aug 5, 2011 8:30am
Anyway ... we had a new high now ...

And I do not think it has been the last one attempt ...

http://www.forexfactory.com/attachme...1&d=1312546989

Next step levels to test has been calculated as shown in TABLE ...

We still do have 1.4231 ... as extention ... in ZigZag survey ...

And last but not least we do have as an extreme ... 1.4280 - 1.4293 ...

And only cross of above the last mentioned area is bullish trigger again ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #1,560
  • Aug 5, 2011 8:31am Aug 5, 2011 8:31am
Quoting FX-Ray
long
squeeze on
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