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  • #547,861
  • Oct 7, 2011 4:33am Oct 7, 2011 4:33am
bears are only in control for as long as they are making money
  • #547,862
  • Oct 7, 2011 4:33am Oct 7, 2011 4:33am
Quoting adam777
Hi Duke

I've been thinking the same. Nice simple system you have there

Cheers

Adam

thanks... trading one market... made a huge differace to me.. you get to know the price action.. real good... cant do that watching 2-3 markets
  • #547,863
  • Oct 7, 2011 4:36am Oct 7, 2011 4:36am
long again... 13429
  • #547,864
  • Oct 7, 2011 4:37am Oct 7, 2011 4:37am
http://www.reuters.com/article/2011/...79411620111005

What a strong words. Yuan appreciation may cut US trade deficit by as much as one third.
Nevertheless, screw those commrades. I could dominate world trade as well if I had a billion of slaves and undervalued currency.
Any Chinese here?

T.
"I know one thing, that I know nothing." Sokrates
  • #547,865
  • Oct 7, 2011 4:42am Oct 7, 2011 4:42am
Quoting KiwiTrada
Yes au is looking very nice, possible good pips on table, french news is reprieve euro a bit, 3438 was always going to put up fight, also 200sma, just below there then daily ltl, so is some work ahead so far is good
is need patience, pre nfp normally pretty boring, I watching tonga play france so still happy

if this goes as planned we may test 96 by looking at daily.
h4 macd divergence is starting to play out
..but nfp may turn everything upside down
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  • #547,866
  • Oct 7, 2011 4:42am Oct 7, 2011 4:42am
Quoting Tom_D_Trader
http://www.reuters.com/article/2011/...79411620111005

What a strong words. Yuan appreciation may cut US trade deficit by as much as one third.
Nevertheless, screw those commrades. I could dominate world trade as well if I had a billion of slaves and undervalued currency.
Any Chinese here?

T.
fatpanda.
Have I got something on my face, SOLDIER?
  • #547,867
  • Oct 7, 2011 4:44am Oct 7, 2011 4:44am
Quoting Tom_D_Trader
http://www.reuters.com/article/2011/...79411620111005

What a strong words. Yuan appreciation may cut US trade deficit by as much as one third.
Nevertheless, screw those commrades. I could dominate world trade as well if I had a billion of slaves and undervalued currency.
Any Chinese here?

T.
Maybe China could just give US a bunch of Yuan, and call it good.
  • #547,868
  • Oct 7, 2011 4:47am Oct 7, 2011 4:47am
I'VE GOTTA FEELING HUUHUU. So here its how its look from my perspective..Holding the short from 13455 heavily sized..wave condirmed, but bars not yet, so we can struggle a little time, good that I made the short very early..TP on 13375 around
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" Accepting losses is the most important single investment devise "
  • #547,869
  • Oct 7, 2011 4:50am Oct 7, 2011 4:50am
Anybody can give an opinion / prediction during NFP PA going North or South...i know nobody know exactly where PA should go....actually i have one post sell at 3.350....floating...so i hope PA will going down tonite....
  • #547,870
  • Oct 7, 2011 4:51am Oct 7, 2011 4:51am
Hello guys,
I finished my week but this is my view according my formation + Jankone >

http://www.forexfactory.com/showthre...08#post5020608

Cheers
Petar
"Buy on fear, sell on greed !!!
  • #547,871
  • Oct 7, 2011 4:52am Oct 7, 2011 4:52am
Quoting silas66
Anybody can give an opinion / prediction during NFP PA going North or South...i know nobody know exactly where PA should go....actually i have one post sell at 3.350....floating...so i hope PA will going down tonite....
my thoughts are up, but what worries me is a dip to the downside. i don't think we're through with the rally quite yet, but who knows!
  • #547,872
  • Oct 7, 2011 4:54am Oct 7, 2011 4:54am
Fatass kumo is now gone.
looking for sell order now.

kumo break?

well that was accumulation, this is probably the momentum of that accumulation.
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Have I got something on my face, SOLDIER?
  • #547,873
  • Oct 7, 2011 4:56am Oct 7, 2011 4:56am
Quoting Goody
Im New to this, could someone tell me what PA is?? as it is mentioned quite a bit here. Thanks.

PA:=Price Action..the last price you see on the chart..dear newbie, there is a nice school education somehow in the page babypips, check on it before you try any trade
" Accepting losses is the most important single investment devise "
  • #547,874
  • Oct 7, 2011 4:59am Oct 7, 2011 4:59am
Quoting Clouds
Maybe China could just give US a bunch of Yuan, and call it good.
Hehe, like a rabat. Ah what the hell, I dont see any solution at all, but to piss of China and risk small world HPD. But we could avoid that small HDP if US fixes their consumer confidence/spending issue and then passed the bill. I hope the second case will happen. Although I dont like fiscal stimuls while country is debted, I hope that Obamas taxcut/infrastructure spending bill will pass. That could be the way to fix that spending issue.

T.

edit: HDP = GDP in Czech, sry
"I know one thing, that I know nothing." Sokrates
  • #547,875
  • Oct 7, 2011 4:59am Oct 7, 2011 4:59am
Quoting Duke900
thanks... trading one market... made a huge differace to me.. you get to know the price action.. real good... cant do that watching 2-3 markets
Are you still using the 150 tick charts with your old system?
WARNING: Don't follow me as I'm just learning
  • #547,876
  • Oct 7, 2011 5:02am Oct 7, 2011 5:02am
still long 13429 target 13440
  • #547,877
  • Oct 7, 2011 5:04am Oct 7, 2011 5:04am
Quoting Clouds
my thoughts are up, but what worries me is a dip to the downside. i don't think we're through with the rally quite yet, but who knows!

Ok...thx...
  • #547,878
  • Oct 7, 2011 5:05am Oct 7, 2011 5:05am
Quoting silas66
Anybody can give an opinion / prediction during NFP PA going North or South...i know nobody know exactly where PA should go....actually i have one post sell at 3.350....floating...so i hope PA will going down tonite....

possiblly if this goes down, price will stop at 33xx area pre nfp.
Next it will spike between fractal support before picking up direction.
33xx area is today's determining area for bull and bear.
That is what usually happen in nfp.
red box is current fractal support area.
Let see if we get a new one in another 2 hour time. This will be the area of play for scalping
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  • #547,879
  • Oct 7, 2011 5:06am Oct 7, 2011 5:06am
Quoting Duke900
still long 13429 target 13440
respect the danger
" Accepting losses is the most important single investment devise "
  • #547,880
  • Oct 7, 2011 5:16am Oct 7, 2011 5:16am
Not sure about which way the NFP will push it but I'm thinking this is reasonable resistance. Renko block size is 22 pips.

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