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  • #562,301
  • Nov 15, 2011 8:50pm Nov 15, 2011 8:50pm
Quoting johncen
All ladies falling..
so weak..

not even a reasonable bounce
I gotta believe we'll get a bounce, the the big money guys are just waiting for someone to make a stand in the sand first, I know I made my stand, but my buy has no impact. lol
Yay! Pips for everyone!
  • #562,302
  • Nov 15, 2011 8:56pm Nov 15, 2011 8:56pm
Looks like ~1.32 is the final floor before it all goes to hell. That 1Hr H&S pattern also has that as the price target. Expect a retracement to 1.35.
  • #562,303
  • Nov 15, 2011 8:57pm Nov 15, 2011 8:57pm
Quoting Pipsforall
Wow, no one wants to step in front of this freight train, what happened to the Chinese? lol
they just getting it to the levels where they will massively start buying all European debt... and than we all will bow to Mao
  • #562,304
  • Nov 15, 2011 8:58pm Nov 15, 2011 8:58pm
Quoting Pipsforall
I gotta believe we'll get a bounce, the the big money guys are just waiting for someone to make a stand in the sand first, I know I made my stand, but my buy has no impact. lol
yes I realli expect some reasonable bounce~
but most of my buys end up with BE or some small loss...

I agree big guys waiting for a good timing..
so many V on charts already
Patience, Emotion Control and Discipline.
  • #562,305
  • Nov 15, 2011 8:59pm Nov 15, 2011 8:59pm
Quoting dfptommyj
they just getting it to the levels where they will massively start buying all European debt... and than we all will bow to Mao
but that would mean that they are just burning their cash away in this inferno isn't it? Why would they want to do that :nerd:
  • #562,306
  • Nov 15, 2011 9:05pm Nov 15, 2011 9:05pm
Quoting 3in1coffee
but that would mean that they are just burning their cash away in this inferno isn't it? Why would they want to do that :nerd:
US fed will supply them with cash for burning at any time and any amount under some different freaky stimulating helping the economy name...
  • #562,307
  • Nov 15, 2011 9:05pm Nov 15, 2011 9:05pm
Quoting dfptommyj
they just getting it to the levels where they will massively start buying all European debt... and than we all will bow to Mao
For months, I heard that the Euro had a floor because the Chinese were buyers. Where the hell did they go? lol Europe is their biggest trading partner, the weaker the Euro gets, the less Chinese products they can buy. 2012 is going to be the year of a major global recession, hopefully not a depression.
Yay! Pips for everyone!
  • #562,308
  • Nov 15, 2011 9:06pm Nov 15, 2011 9:06pm
i don't know what i was doing... i stared at the screen watching euro and aud hitting the support level and i was going to click sell... click sell.. then i thought, maybe it'll bounce up a bit before falling again. then i wait.. wait wait..

damn it! 3 hours sitting in front of my computer without making any trades!
  • #562,309
  • Nov 15, 2011 9:06pm Nov 15, 2011 9:06pm
Quoting johncen
yes I realli expect some reasonable bounce~
but most of my buys end up with BE or some small loss...

I agree big guys waiting for a good timing..
so many V on charts already
I still think the Euro will see 1.3650 to 1.3750 before it sees 1.32. The question is will I still be solvent by then, and will it actually see 1.3650 to 1.3750 before it sees 1.32. lol j/k
Yay! Pips for everyone!
  • #562,310
  • Nov 15, 2011 9:10pm Nov 15, 2011 9:10pm
Gonna be a lot of angry Goldman Sachs clients waking up tomorrow to stopped out trades. Funny thing, in the crazy world of Hopium, whose to say that the Euro won't see 1.40 by the end of the year, I would bet my last dollar that it won't, but in the world of Hopium, anything is possible.
Yay! Pips for everyone!
  • #562,311
  • Nov 15, 2011 9:14pm Nov 15, 2011 9:14pm
Quoting dfptommyj
US fed will supply them with cash for burning at any time and any amount under some different freaky stimulating helping the economy name...
Sometimes I just wonder if they are really helping each other out or just waiting to push someone down the cliff lol.
  • #562,312
  • Nov 15, 2011 9:15pm Nov 15, 2011 9:15pm
Quoting happytrader
i don't know what i was doing... i stared at the screen watching euro and aud hitting the support level and i was going to click sell... click sell.. then i thought, maybe it'll bounce up a bit before falling again. then i wait.. wait wait..

damn it! 3 hours sitting in front of my computer without making any trades!

They were your best trades, was option of selling low or step in front bear train, you chose well
If you are new to Forex? Say Goodbye to your account!!
  • #562,313
  • Nov 15, 2011 9:18pm Nov 15, 2011 9:18pm
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The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #562,314
  • Nov 15, 2011 9:22pm Nov 15, 2011 9:22pm
Quoting KiwiTrada
They were your best trades, was option of selling low or step in front bear train, you chose well
aww, thanks . that's very encouraging!
  • #562,315
  • Nov 15, 2011 9:24pm Nov 15, 2011 9:24pm
Quoting 3in1coffee
Sometimes I just wonder if they are really helping each other out or just waiting to push someone down the cliff lol.
well find out in the decade or so..., and by the way the 99%ers were ruled out of the parking lot today because the 10th amendment doesn't support tents in the public space...
  • #562,316
  • Nov 15, 2011 9:25pm Nov 15, 2011 9:25pm
Rally time, let's go Euro. lol Not getting any bounce at all.
Attached Image
Yay! Pips for everyone!
  • #562,317
  • Nov 15, 2011 9:26pm Nov 15, 2011 9:26pm
I would be careful with taking shorts here and would close any that you have open.

The number to watch is 34454, we dipped below it once already and it rebounded, if it attempts to break it again and fails to follow through than I would consider a long here for a possible +100 pips (if not greater.)

Yes, I am calling a bottom! :-)
  • #562,318
  • Nov 15, 2011 9:37pm Nov 15, 2011 9:37pm
Quoting GreatNorth
I would be careful with taking shorts here and would close any that you have open.

The number to watch is 34454, we dipped below it once already and it rebounded, if it attempts to break it again and fails to follow through than I would consider a long here for a possible +100 pips (if not greater.)

Yes, I am calling a bottom! :-)
Why?
I'd rather be a sloppy bear right now than a precise bull.
There is easy money out there for anyone smart enough to trade with the trend.
  • #562,319
  • Nov 15, 2011 9:37pm Nov 15, 2011 9:37pm
LOS ANGELES (MarketWatch) -- Hong Kong stocks slipped early Wednesday after opening to the upside, with exporters and airlines among the losers, but mainland Chinese lenders among the gainers. The Hang Seng Index HK:HSI -1.82% fell 0.2% to 19,307.14, while the Hang Seng China Enterprises Index lost 0.2%. On the Chinese mainland, the Shanghai Composite CN:000001 -1.34% dropped 0.4%. With Italy's benchmark sovereign yield above the key 7% level, concerns about European defaults rose, sending some export-focused firms lower.
  • #562,320
  • Nov 15, 2011 9:42pm Nov 15, 2011 9:42pm
Hookem28,

What TF are you using? Thanks
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