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  • #560,001
  • Nov 9, 2011 7:46am Nov 9, 2011 7:46am
Watch the wires, we got some auction news coming up from Italy. Scalp till then. Don't go pre emtping what the market is doing.

A good place for me to have some lunch. Not going to chase the small moves here. I'll be back for the next runner.
  • #560,002
  • Nov 9, 2011 7:49am Nov 9, 2011 7:49am
Quoting Tellerton
That sounds about right.
Yep.

Well, there is an alternative if this hour closes above 1.3600, 1.3630 and with some unexpected news 80 may be in cards for pullback.
They think they are smarter than I am.
  • #560,003
  • Nov 9, 2011 7:50am Nov 9, 2011 7:50am
Quoting brio
We ll push price to 1.3720. let watch and see!
How do you feel about this statement now, mate?
Quant Hedge Fund CEO
  • #560,004
  • Nov 9, 2011 7:51am Nov 9, 2011 7:51am
Quoting mohan76
i have stoped trading , testing prediction and knowledge , i am not good with 200+ move ( may be i will open one macro lot @ 58 )


I don't like to predict either but if it works i will keep it mind.
They think they are smarter than I am.
  • #560,005
  • Nov 9, 2011 7:52am Nov 9, 2011 7:52am
Quoting cloggie
Spreads are tightening a bit. CDS's are finding a ceiling here.
Well a bit, will be an understatement....they are in no man land. Only Spain to break all time highs to put the cherry on top.....We need NY now but a retrace down (daily) is imminent in stocks...the question is panic or not...

On the euro 280 ticks down non stop to support seems to be healthy for at least a "breather"...let's see

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #560,006
  • Nov 9, 2011 7:56am Nov 9, 2011 7:56am
Muppet question off topic, but since cloggie and wisdom is here. For UK resident. Is GBP base account best or USD?
  • #560,007
  • Nov 9, 2011 8:01am Nov 9, 2011 8:01am
Quoting sisse
Well a bit, will be an understatement....they are in no man land. Only Spain to break all time highs to put the cherry on top.....We need NY now but a retrace down (daily) is imminent in stocks...the question is panic or not...

On the euro 280 ticks down non stop to support seems to be healthy for at least a "breather"...let's see

sisse
yes healthy or not , fail or success validation & double edge sword now & practicing for more patience .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #560,008
  • Nov 9, 2011 8:11am Nov 9, 2011 8:11am
since I lost some pips just now , when I was long too early. I expect a breakout from support 3600 and go straight to 3100 throughout this week
  • #560,009
  • Nov 9, 2011 8:17am Nov 9, 2011 8:17am
Tough trading now, spare parts sparking and flying when algos hack each other.

Either 1.3630 or 1.3550/60, pick your choice
They think they are smarter than I am.
  • #560,010
  • Nov 9, 2011 8:23am Nov 9, 2011 8:23am
big bird speaking shortly, but just opening comments i think..
  • #560,011
  • Nov 9, 2011 8:25am Nov 9, 2011 8:25am
So, daily chart shows .618 retracement is done. +350 pips have been made today.
But no more shorts for me from now. Too risky. While the attempt to reach the last wave correction @3565 is still possible. Here's the chart I posted 2.5 hours earlier. Red line below shows that October,4 peak has been not retraced yet.
Attachment
  • #560,012
  • Nov 9, 2011 8:27am Nov 9, 2011 8:27am
Quoting FibbinArchie
big bird speaking shortly, but just opening comments i think..
Where is the bird??

http://rlv.zcache.com/canadian_anti_...85trma_400.jpg

Sonic
  • #560,013
  • Nov 9, 2011 8:30am Nov 9, 2011 8:30am
Quoting sonicdeejay
Where is the bird??

http://rlv.zcache.com/canadian_anti_...85trma_400.jpg

Sonic
Attached Image (click to enlarge)
Click to Enlarge Name: Hammered-Bernanke.jpg Size: 43 KB
  • #560,014
  • Nov 9, 2011 8:31am Nov 9, 2011 8:31am
Quoting Ultimate6
Muppet question off topic, but since cloggie and wisdom is here. For UK resident. Is GBP base account best or USD?
open it in sterling then dont have to worry about exchange rate moving which could eat into account even if not in a trade then you might have fees to transfer it back to sterling when withdrawing etc 1 dollar equals about 61p
  • #560,015
  • Edited 9:02am Nov 9, 2011 8:50am | Edited 9:02am
Short

SELL: 1.3592
BUY: 1.3570

+22 pips

in total +122 pips today (so far...)

90 minutes to London Close. WeŽre getting close to 1.3550 here, I wonder if it provides some support.

Hope you all are on the right side of the market today!

Happy pipping!
Quant Hedge Fund CEO
  • #560,016
  • Nov 9, 2011 8:54am Nov 9, 2011 8:54am
Quoting FXMastermind
Short

SELL: 1.3592
BUY: 1.3570

+22 pips

in total +122 pips today (so far...)

10 minutes to London Close. WeŽre getting close to 1.3550 here, I wonder if it provides some support.

Hope you all are on the right side of the market today!

Happy pipping!
huh ?
  • #560,017
  • Nov 9, 2011 8:55am Nov 9, 2011 8:55am
Ok, I'm done. Unlucky trading session for me.

Have a good day, guys!

Josef
  • #560,018
  • Nov 9, 2011 8:55am Nov 9, 2011 8:55am
So the real validation level broken at last & wave wise price seems at wave 3 or 5 down .
lets see how far it can go., retest will expect next .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #560,019
  • Nov 9, 2011 9:02am Nov 9, 2011 9:02am
Quoting FXMastermind
Short

SELL: 1.3592
BUY: 1.3570

+22 pips

in total +122 pips today (so far...)

10 minutes to London Close. WeŽre getting close to 1.3550 here, I wonder if it provides some support.

Hope you all are on the right side of the market today!

Happy pipping!
10 minutes to london close!!!! which part of the world you from
  • #560,020
  • Nov 9, 2011 9:05am Nov 9, 2011 9:05am
Quoting magicpips
10 minutes to london close!!!! which part of the world you from
Are you kidding right?
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