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  • #538,561
  • Sep 15, 2011 2:59am Sep 15, 2011 2:59am
Quoting Flynchenberg

How much money the SNB have ($1Tr? $10Tr?) if they declared to buy unlimited amounts?
They have as much as they care to print. How much will the desparate buy?
"If The Fool persists in his Folly he will become wise." - William Blake
  • #538,562
  • Sep 15, 2011 3:00am Sep 15, 2011 3:00am
[quote=TradeCell;4956632]
Quoting Chicky
Good Fortune,


1. First reaction after a break is generally very strong.

2. After every break there is a reaction. If reaction is normal, watch for danger signs. But if a reaction is small, the next reaction though normal would be of many pips.

Well here is a current example, nice reaction off TL Break
Interesting how new patterns pop out. What's the old saying - "Nothing new under the sun..."
Do your time and enjoy the ride...
  • #538,563
  • Sep 15, 2011 3:03am Sep 15, 2011 3:03am
Closed my longs. Now off to bed.
The Thief of Wall Street
  • #538,564
  • Sep 15, 2011 3:04am Sep 15, 2011 3:04am
Quoting Chicky
I don't know what he considered a normal reaction, but I use 50% of the last daily bar as normal reaction.

You may like to read Jesse's book "How to Trade Stocks" or with a title similar to this. I only had some notes to refer to, that I took while online reading that book on one of the free websites. This book also contains scanned copies of Jesse's actual records ( I hope they are genuine)explaining how he calculated support/resistances.
Definately worth a look...
Do your time and enjoy the ride...
  • #538,565
  • Sep 15, 2011 3:05am Sep 15, 2011 3:05am
Out for +15 (edit), pin bars, USD strength all looking ominous.
"Don't Panic..."
  • #538,566
  • Sep 15, 2011 3:07am Sep 15, 2011 3:07am
http://www.reuters.com/article/2011/...7KF0F120110915

LOL
  • #538,567
  • Sep 15, 2011 3:08am Sep 15, 2011 3:08am
Quoting Chicky
Closed my longs. Now off to bed.
Thanks for the insight. It is appreciated
  • #538,568
  • Sep 15, 2011 3:09am Sep 15, 2011 3:09am
Quoting 2+2=4ex
http://www.reuters.com/article/2011/...7KF0F120110915

LOL
rumor saying due to sort on CHF
Mohan
  • #538,569
  • Sep 15, 2011 3:09am Sep 15, 2011 3:09am
Quoting GoldMan.
It's at important area. Let's see how strong the bull is.
Closed 3 longs, 1 buy 50 pip, 2 buy 43 pip and 3 buy 42 pip.
  • #538,570
  • Sep 15, 2011 3:10am Sep 15, 2011 3:10am
Can someone tell me what the current price is for the EUR MB Trading seems to be frozen.
  • #538,571
  • Sep 15, 2011 3:10am Sep 15, 2011 3:10am
Quoting mohan76
rumor saying due to sort on CHF
So this guy is just taking the fall?
  • #538,572
  • Sep 15, 2011 3:11am Sep 15, 2011 3:11am
Quoting E-Money
Can someone tell me what the current price is for the EUR MB Trading seems to be frozen.
I got 1.37621
  • #538,573
  • Sep 15, 2011 3:11am Sep 15, 2011 3:11am
1.37613
  • #538,574
  • Sep 15, 2011 3:11am Sep 15, 2011 3:11am
3797 should act strong resistance else 3867 can't help long-term bear. It will be died here.
Bear lost much force by unnecessary step at 3747 therefore i suspect if bear can break H1 bull TL. It's really doubtful.
You cannot learn better without losing
  • #538,575
  • Sep 15, 2011 3:12am Sep 15, 2011 3:12am
Quoting 2+2=4ex
So this guy is just taking the fall?
may he had coffee @ SNB action. it did not give chance ,

if 8% = 2b trade size =25b
Mohan
  • #538,576
  • Sep 15, 2011 3:13am Sep 15, 2011 3:13am
Quoting 2+2=4ex
I got 1.37621
Thanks. It was frozen...seems to be back again. Hmmmm
  • #538,577
  • Sep 15, 2011 3:13am Sep 15, 2011 3:13am
Quoting 2+2=4ex
http://www.reuters.com/article/2011/...7KF0F120110915

LOL
  • #538,578
  • Sep 15, 2011 3:14am Sep 15, 2011 3:14am
[quote=TradeCell;4956632]
Quoting Chicky
Good Fortune,


1. First reaction after a break is generally very strong.

2. After every break there is a reaction. If reaction is normal, watch for danger signs. But if a reaction is small, the next reaction though normal would be of many pips.

Well here is a current example, nice reaction off TL Break
Simple long,
Was a nice clear test and rejection, wether it allow sell at better price at top of chanells etc will see shortly
If you are new to Forex? Say Goodbye to your account!!
  • #538,579
  • Sep 15, 2011 3:15am Sep 15, 2011 3:15am
Important area here.
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  • #538,580
  • Sep 15, 2011 3:16am Sep 15, 2011 3:16am
In @1.3755, 2 lots, [email protected], gained my risk, covered 1 lot, moved my SL to BE.

mla
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