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  • #527,181
  • Aug 18, 2011 4:05pm Aug 18, 2011 4:05pm
http://lib.store.yahoo.net/lib/demot...onalposter.jpg
  • #527,182
  • Aug 18, 2011 4:06pm Aug 18, 2011 4:06pm
Hmm. I just now noticed, on restarting the servers, that the position rolled long while I was out, at about 22. Most likely, this trade will lose. So why don't I close it? Because that would screw with the odds, with the overall strategy (what if it rallies hard in Asia, for example?).
  • #527,183
  • Aug 18, 2011 4:16pm Aug 18, 2011 4:16pm
Quoting mr.fibo
@magix

Do you see now lower highs ?
Listen idiot...this is what you posted at the open of daily candle for today.
Quoting mr.fibo
Daily is making lower highs, and H4 is showing bearish divergence... Time to go south...
Chart #1, shows that when you posted that, the candle you posted it for, was not a lower high on the daily, infact, it was the exact opposite...

Now, all we did is retrace an expected support zone for both London and NY session, an area I commented on over the weekend as well as a couple of times this week...check the chart in comparison to the previous ones I posted. HERE. HERE. HERE.

So, price sold off, is that what you were getting at? So, the daily candle today is a lower high...so, if today after the candle close you opened up with that statement, you wouldn't look like such a mushroom...

Yer still an idiot, and next time you think your should just spout bullshit, try to back it up with a chart instead of another smartass comment...
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #527,184
  • Aug 18, 2011 4:26pm Aug 18, 2011 4:26pm
Levels respected to the pipittos. These lines have been on my chart for many months....

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  • #527,185
  • Aug 18, 2011 4:37pm Aug 18, 2011 4:37pm
Now ZH is reporting that, for the first time since March, the Fed swap lines were activated, swapping $200m to SNB. Having gotten the market's interpretation of yesterday's funding totally wrong, I'm not going to speculate on this.

ZH, of course, sees it as another step to armageddon. But, if I had to guess, I'd say it's more likely related to interventions.
  • #527,186
  • Aug 18, 2011 4:37pm Aug 18, 2011 4:37pm
Quoting attila
Levels respected to the pipittos. These lines have been on my chart for many months....

Attachment
Im flat...today has been great....looking for a dbl btm still...then will initiate some longs possibly
  • #527,187
  • Aug 18, 2011 4:39pm Aug 18, 2011 4:39pm
Quoting needpips
Im flat...today has been great....looking for a dbl btm still...then will initiate some longs possibly
I can see some long opportunities...
  • #527,188
  • Aug 18, 2011 4:43pm Aug 18, 2011 4:43pm
Anybody has a take on u/j. That pair is just not traded. How can this be?

Ehh, never mind. Stupid question.
  • #527,189
  • Aug 18, 2011 4:50pm Aug 18, 2011 4:50pm
Quoting attila
Anybody has a take on u/j. That pair is just not traded. How can this be?

Ehh, never mind. Stupid question.
seems no one is up for taking on boj or for bucking the long term trend...
  • #527,190
  • Aug 18, 2011 4:50pm Aug 18, 2011 4:50pm
any1 else noticed s&p shot up 15 points, just before closing, 15mins before that. could this tell us something perhaps? so ended just above previous top, i'm talking 5M tf.
Old Habits Die Hard.
  • #527,191
  • Aug 18, 2011 4:50pm Aug 18, 2011 4:50pm
For what is worth, I have lost and have been trading live for over four years. I have learned and tried many things from, coding EAs, bought a few systems, and traded with indicators.

Year 1 lost.
Year 2 lost.
Year 3 basically lost/break even (Make pips 6 to 8 weeks then give it back)
Year 4 win (Just trying to make 1% a day. I'm up 145% so far)

I'm a short term trader and now just trade PA, S/R levels, patterns, and looking to be flat by the end of day. I don't post much because I don't feel qualified to teach and will lose market focus. I use FF as one of my ways to get market feel and fill time waiting for setup.


Cheers


Quoting bradu
have you ever heard of someone here to lose ?
i only see 1-2 losing trades in a day posted here....and funny thing...by ones of the most respectable traders,
the rest...never loses...
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  • #527,192
  • Aug 18, 2011 4:50pm Aug 18, 2011 4:50pm
hi everyone
  • #527,193
  • Aug 18, 2011 4:50pm Aug 18, 2011 4:50pm
Move down to the white circle then a nice move up.....Just a thought
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Quoting attila
Anybody has a take on u/j. That pair is just not traded. How can this be?

Ehh, never mind. Stupid question.
  • #527,194
  • Aug 18, 2011 4:52pm Aug 18, 2011 4:52pm
Quoting Shaggy_rock
any1 else noticed s&p shot up 15 points, just before closing, 15mins before that. could this tell us something perhaps? so ended just above previous top, i'm talking 5M tf.
sounds like a standard end of day rally, just day traders closing out their positions...
  • #527,195
  • Aug 18, 2011 4:52pm Aug 18, 2011 4:52pm
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  • #527,196
  • Aug 18, 2011 4:54pm Aug 18, 2011 4:54pm
Quoting fxjawn
hi everyone
howdy...
  • #527,197
  • Aug 18, 2011 4:55pm Aug 18, 2011 4:55pm
Quoting needpips
Move down to the white circle then a nice move up.....Just a thought
Attachment
I see more upside than down right now
  • #527,198
  • Aug 18, 2011 4:57pm Aug 18, 2011 4:57pm
Quoting attila
I see more upside than down right now
Its in the crappy part of the day....I stopped trading this time...too much fence riding...Ill let it decide then ride it...Ive stopped guessing during this time....

seems supportive for sure.....Longs will evolve IMO
  • #527,199
  • Aug 18, 2011 5:00pm Aug 18, 2011 5:00pm
Quoting attila
I see more upside than down right now
I'm wondering if the Asians are going to get up, see the European and US market carnage today, the $500 million dollar loan that an EU bank took from the ECB today, further bad economic news from Europe, the worst Philly Fed number since 1998, and say, hey maybe we're going to go risk averse and sell the Euro tonight? lol Its the forex markets so I don't predict anything, but that's what I would be thinking.
Yay! Pips for everyone!
  • #527,200
  • Edited 5:16pm Aug 18, 2011 5:02pm | Edited 5:16pm
Quoting FibbinArchie
if i was head of the film company then i'd sue the airline for any lost time in production... i fuckin hate no frills air travel, bunch of little snits...
Yes, I much prefer first class on United.

PS: Short again, at 29, much to my surprise. Have a feeling that this is going to do some ranging for a while.
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