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  • #524,161
  • Aug 16, 2011 10:24am Aug 16, 2011 10:24am
It seems 4400 is protected. If we get back there, better be good.
  • #524,162
  • Aug 16, 2011 10:25am Aug 16, 2011 10:25am
Quoting attila
It seems 4400 is protected. If we get back there, better be good.
aint 4450 on the table....seems highly likely
  • #524,163
  • Aug 16, 2011 10:27am Aug 16, 2011 10:27am
Quoting gatorinla
about time we move.. now lets get to 4368+
your telling me i'm in at 98. it does look like it will break this hour if not i am outski
I got maths..
  • #524,164
  • Aug 16, 2011 10:27am Aug 16, 2011 10:27am
Quoting gatorinla
about time we move.. now lets get to 4368+
where did u enter ?
  • #524,165
  • Aug 16, 2011 10:27am Aug 16, 2011 10:27am
Quoting needpips
aint 4450 on the table....seems highly likely
Well, I think it will, question is I'm not sure if we'll go lower before that. I am 50% right now. London's leaving and I would hate to be left in limbo.
  • #524,166
  • Aug 16, 2011 10:29am Aug 16, 2011 10:29am
Quoting attila
Well, I think it will, question is I'm not sure if we'll go lower before that. I am 50% right now. London's leaving and I would hate to be left in limbo.
if this structure is correct, based on EWT, this correction should be complex, because the 2nd wave was simple....therfore, a triangle or wedge structure should retrace 78.6% of this last move....or 4450-ish
  • #524,167
  • Aug 16, 2011 10:30am Aug 16, 2011 10:30am
Quoting needpips
if this structure is correct, based on EWT, this correction should be complex, because the 2nd wave was simple....therfore, a triangle or wedge structure should retrace 78.6% of this last move....or 4450-ish
That's what I have too but there was not a lot of conviction through 4400. Maybe London took some profit there, I don't know...
  • #524,168
  • Aug 16, 2011 10:31am Aug 16, 2011 10:31am
Quoting attila
Well, I think it will, question is I'm not sure if we'll go lower before that. I am 50% right now. London's leaving and I would hate to be left in limbo.
for limbo !
  • #524,169
  • Aug 16, 2011 10:32am Aug 16, 2011 10:32am
Quoting gatorinla
about time we move.. now lets get to 4368+
Hi G, you watching Swissy?
  • #524,170
  • Aug 16, 2011 10:33am Aug 16, 2011 10:33am
Quoting attila
That's what I have too but there was not a lot of conviction through 4400. Maybe London took some profit there, I don't know...
Im @ BE....really want to stretch this one out....Im gonna hang with it....4450 could be another great shorting opp....if not there, then 457-ish...(kinda Y Im holding long...Id like to C 4570)
  • #524,171
  • Aug 16, 2011 10:34am Aug 16, 2011 10:34am
Quoting attila
That's what I have too but there was not a lot of conviction through 4400. Maybe London took some profit there, I don't know...
The way I figures it is that we don't go to the bears until/unless price is rejected at Daily Roll during NY session....
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #524,172
  • Aug 16, 2011 10:36am Aug 16, 2011 10:36am
Quoting Magix
The way I figures it is that we don't go to the bears until/unless price is rejected at Daily Roll during NY session....
4440?...
  • #524,173
  • Aug 16, 2011 10:36am Aug 16, 2011 10:36am
the last time i saw price do this on eu was other week it made triple top on M5 but then bounce again and came back 4th time but 4th time heading further north

but for past couple of hours price has been bouncing in between 500sma and 200sma i know people have go at me in here over sma and saying there not support or resistance which i agree its to help id the trend but i cant ignore the fact price plays with them on M5 at the minute it seems 200sma is cock blocking price
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  • #524,174
  • Aug 16, 2011 10:36am Aug 16, 2011 10:36am
Quoting Magix
The way I figures it is that we don't go to the bears until/unless price is rejected at Daily Roll during NY session....
It seems that way...
  • #524,175
  • Aug 16, 2011 10:37am Aug 16, 2011 10:37am
Quoting needpips
4440?...
4446...but we can use 4440 if that's where your broker rolled....
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #524,176
  • Aug 16, 2011 10:38am Aug 16, 2011 10:38am
Quoting Magix
4446...but we can use 4440 if that's where your broker rolled....
I just eyeballed it....I calc'd 4450-ish from EWT....78.6% retrace on this complex correction.....could be a great short there....but u already knew that
  • #524,177
  • Aug 16, 2011 10:38am Aug 16, 2011 10:38am
Quoting attila
It seems that way...
All we really seen was a retrace to M15 support...

M15 hasn't crossed back into positive love, but is getting damn close...

The sells weren't great enough to cross over the daily trend in my boox, and until I see rejection @ roll, I gunna keep taking the quickie trigs north...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #524,178
  • Aug 16, 2011 10:39am Aug 16, 2011 10:39am
Sarkozy-Merkel Press conference at 12:00 EST. 20 min. We should see movement during that
  • #524,179
  • Aug 16, 2011 10:40am Aug 16, 2011 10:40am
Quoting Magix
All we really seen was a retrace to M15 support...

M15 hasn't crossed back into positive love, but is getting damn close...

The sells weren't great enough to cross over the daily trend in my boox, and until I see rejection @ roll, I gunna keep taking the quickie trigs north...

Stupid ?..... Does PA normally return to the Roll, or do u use that as a if-then?
  • #524,180
  • Aug 16, 2011 10:40am Aug 16, 2011 10:40am
Quoting gatorinla
about time we move.. now lets get to 4368+
I'd sure like to think so. Frankie got me short right around this level, and it's been so all night. Now it's going to take either an excursion or a sustained range that respects the handle to get back long.

Hmm. Maybe this is it.
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