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  • #540,121
  • Sep 19, 2011 6:07pm Sep 19, 2011 6:07pm
Quoting johnnyrei
I will be buying at the bottom of this steep channel:
What kind of channel is it?

mla
"The Heart is the hub of all dances; go there and chill out"
  • #540,122
  • Sep 19, 2011 6:09pm Sep 19, 2011 6:09pm
Quoting Chillypiper
Thanks, but me no scapler If you have been following my post. More of a posistion trader, just my luck bout the S&P downgrade.I'm short from.3888
oh. But judging from the trades there, they look to be in great positions.
Possible bounce pegasus... but bulls are still crushed by the bears.
Have I got something on my face, SOLDIER?
  • #540,123
  • Sep 19, 2011 6:10pm Sep 19, 2011 6:10pm
Quoting mla
What kind of channel is it?

mla
what do you mean? It's a freehand channel..
  • #540,124
  • Sep 19, 2011 6:10pm Sep 19, 2011 6:10pm
Quoting johnnyrei
I will be buying at the bottom of this steep channel:
Where would you be cutting losses and taking profit John?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #540,125
  • Sep 19, 2011 6:10pm Sep 19, 2011 6:10pm
Quoting johnnyrei
I will be buying at the bottom of this steep channel:
That would be an equidistant channel, correct me if im wrong.

Johnnyrei loves to use channels, and from my observation, theyve been decent trades as well.
Have I got something on my face, SOLDIER?
  • #540,126
  • Sep 19, 2011 6:13pm Sep 19, 2011 6:13pm
Quoting Magix
Where would you be cutting losses and taking profit John?
good question. longing right now is quite out of the option, but johnny's got it handled.
Have I got something on my face, SOLDIER?
  • #540,127
  • Sep 19, 2011 6:13pm Sep 19, 2011 6:13pm
Quoting Magix
Where would you be cutting losses and taking profit John?
cutting losses 1.3585. Tking profit 1.3632 or 1.3650. But we need to clearly break the channel to the upside along with that green line or touch the bottom of the channel...
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  • #540,128
  • Sep 19, 2011 6:15pm Sep 19, 2011 6:15pm
Quoting johnnyrei
cutting losses 1.3585. Tking profit 1.3632 or 1.3650. But we need to clearly break the channel to the upside along with that green line or touch the bottom of the channel...
seems like good setup
Have I got something on my face, SOLDIER?
  • #540,129
  • Sep 19, 2011 6:15pm Sep 19, 2011 6:15pm
Quoting johnnyrei
cutting losses 1.3585. Tking profit 1.3632 or 1.3650. But we need to clearly break the channel to the upside along with that green line or touch the bottom of the channel...
but if it falls through 1.3589 ( 9% daily fib) like a rock I would hesitate...
  • #540,130
  • Sep 19, 2011 6:16pm Sep 19, 2011 6:16pm
Quoting bumapatria
seems like good setup
Thx!
  • #540,131
  • Sep 19, 2011 6:16pm Sep 19, 2011 6:16pm
S&P puts out the news at the time when the market has the least amount of liquidity, pretty easy to take out stop losses, this PA is garbage, wouldn't be surprised to see a big rebound once the real markets wake up. Of course in the crazy world of forex who knows.
Yay! Pips for everyone!
  • #540,132
  • Sep 19, 2011 6:17pm Sep 19, 2011 6:17pm
For scalpers: Possible tweezer bottoms on m5.
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Have I got something on my face, SOLDIER?
  • #540,133
  • Sep 19, 2011 6:18pm Sep 19, 2011 6:18pm
Hourly POV:
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  • #540,134
  • Sep 19, 2011 6:19pm Sep 19, 2011 6:19pm
Quoting Pipsforall
S&P puts out the news at the time when the market has the least amount of liquidity, pretty easy to take out stop losses, this PA is garbage, wouldn't be surprised to see a big rebound once the real markets wake up. Of course in the crazy world of forex who knows.
True... it might be possible to panic buy or panic sell, because of this..




Have I got something on my face, SOLDIER?
  • #540,135
  • Sep 19, 2011 6:20pm Sep 19, 2011 6:20pm
Quoting bumapatria
For scalpers: Possible tweezer bottoms on m5.
neva mind dudes bullish candle killing it in m5.
Have I got something on my face, SOLDIER?
  • #540,136
  • Sep 19, 2011 6:20pm Sep 19, 2011 6:20pm
long 1.3617 - sl 1.3588 - tp tbd:
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  • #540,137
  • Sep 19, 2011 6:21pm Sep 19, 2011 6:21pm
Quoting johnnyrei
Hourly POV:
you finally longing this bounce?
Have I got something on my face, SOLDIER?
  • #540,138
  • Sep 19, 2011 6:21pm Sep 19, 2011 6:21pm
Quoting johnnyrei
Polish then -UK resident
I'm not picking on your ethnicity, if that's what you're getting at, just your shitty trades.

I'm a lowland Scot, and couldn't give a shit about your petty squabbles with Polska.
  • #540,139
  • Sep 19, 2011 6:22pm Sep 19, 2011 6:22pm
im quite surprised no further rally down. Im stuck with hedge on my longs i opened 3675... damn S&P! My Tp for additional short is at 3588 (3585 support level).

80 pips down? damn,, its italy not greece! They're 4th biggest EU zone economy not little greece with tourism only. 3450 by london open?

Tomorrow spain's bonds and ECB probably buying italy's bonds. will see how it goes
  • #540,140
  • Sep 19, 2011 6:23pm Sep 19, 2011 6:23pm
Quoting johnnyrei
long 1.3617 - sl 1.3588 - tp tbd:
things look good on m15, m30 for trading this bounce. good formation at the bottom. not killing demand level... so i say trade it. but be careful.
Have I got something on my face, SOLDIER?
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