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  • #564,041
  • Nov 18, 2011 3:55am Nov 18, 2011 3:55am
Quoting jayjb
And why would u long in a obviously down mid term market and as such, we're at a supply zone and still in a range with no obvious bull movement
I don't play support and resistance..I've found that 95% following s/r levels lose..all the stuff you guys use I have no use for.
entry - 1.29250 s/l 200 pips
  • #564,042
  • Nov 18, 2011 3:56am Nov 18, 2011 3:56am
Quoting FibbinArchie
well we're near the top of the range in a range bound market.. it's range bound until it breaks out with confirmation...
IF it decides to stay, i have a support cluster right in the middle. (incl. last week low, last day close and DPP)

Daily looks like a possible bottom though...

Watching M5 now.
  • #564,043
  • Nov 18, 2011 3:56am Nov 18, 2011 3:56am
[quote=Tom_D_Trader;5145943]This will be very important H1 close and I expect fight to the death @ 35378. If close below, bulls failed again, which will make this wall even stronger.[/

There is no wall, Bulls have it today, I called that last night. I'd be surprised if we don't see at least 13590 today.
  • #564,044
  • Nov 18, 2011 3:56am Nov 18, 2011 3:56am
Ahhh, what a fight. Have you ever been cheering up at m1 chart? I would be doing so right now if boss wasnt sitting behind me.
"I know one thing, that I know nothing." Sokrates
  • #564,045
  • Nov 18, 2011 3:58am Nov 18, 2011 3:58am
Quoting normfx
I don't play support and resistance..I've found that 95% following s/r levels lose..all the stuff you guys use I have no use for.

Really? 95% huh? I could make LIMIT orders at some levels and i bet u i can be over 50%. Just because u dont know what they are doesnt mean they dont work. Just like a womens vag . But i guess ur time cycles are far superior, no?
  • #564,046
  • Nov 18, 2011 3:58am Nov 18, 2011 3:58am
Quoting cat
There is no wall, Bulls have it today, I called that last night. I'd be surprised if we don't see at least 13590 today.
Seems pretty strong ressistance to me. But hey, every man for himself and 3590 is close.
Attached Image (click to enlarge)
Click to Enlarge Name: h1.jpg Size: 127 KB
"I know one thing, that I know nothing." Sokrates
  • #564,047
  • Nov 18, 2011 4:00am Nov 18, 2011 4:00am
Quoting FibbinArchie
well we're near the top of the range in a range bound market.. it's range bound until it breaks out with confirmation...
Amen to that

I am expecting it to shoot up, but not getting on the train without a close out of the yellow zone
Attached Image (click to enlarge)
Click to Enlarge Name: chart0017.gif Size: 29 KB
  • #564,048
  • Nov 18, 2011 4:00am Nov 18, 2011 4:00am
Quoting MitchWorse
IF it decides to stay, i have a support cluster right in the middle. (incl. last week low, last day close and DPP)

Daily looks like a possible bottom though...

Watching M5 now.
i got 481 and below that 454 as areas of interest...
  • #564,049
  • Nov 18, 2011 4:01am Nov 18, 2011 4:01am
35384. +5 piplettes. I shall call it a tie.
"I know one thing, that I know nothing." Sokrates
  • #564,050
  • Nov 18, 2011 4:02am Nov 18, 2011 4:02am
Quoting FibbinArchie
interesting article about how e/u is driven by risk trends, link courtesy of boris schlossberg...

http://www.businessinsider.com/why-t...t-does-2011-11

  • #564,051
  • Nov 18, 2011 4:03am Nov 18, 2011 4:03am
Quoting Tom_D_Trader
Seems pretty strong ressistance to me. But hey, every man for himself and 3590 is close.
No, 3590 is not far, but that's where I have my TP held over from last night. I basing my calculation on the fact my charts are all showing upside momentum at present, and 3590 is just short of the hourly resistance 2 pivot point, with the H1 200 exponential just above that. It may run higher than that today, but if it does, I won't be in.
  • #564,052
  • Nov 18, 2011 4:04am Nov 18, 2011 4:04am
[quote=cat;5145969]
Quoting Tom_D_Trader
This will be very important H1 close and I expect fight to the death @ 35378. If close below, bulls failed again, which will make this wall even stronger.[/

There is no wall, Bulls have it today, I called that last night. I'd be surprised if we don't see at least 13590 today.
everybody and their mother is shorting this and as usual the manipulators are burning them and may continue to do so until they all turn long or are totally confused.."they" have it down to a science.
entry - 1.29250 s/l 200 pips
  • #564,053
  • Nov 18, 2011 4:04am Nov 18, 2011 4:04am
No cat, absolutely no ressistance at 35378. We absolutely aint stuck here for almost an hour .
"I know one thing, that I know nothing." Sokrates
  • #564,054
  • Nov 18, 2011 4:04am Nov 18, 2011 4:04am
Quoting piotr-fx
eurchf was coresponding with eurusd today in a strange way
below you can find one of the pattern i recognized today according to cannareks method of trading.

if you want to see other - take a look at the blog or my thread here at FF (my signature)
finally i opened short (it was faster than i expected). now i have to finnish. the short is safe with sl at be. see details on the cannareks blog
good luck
  • #564,055
  • Nov 18, 2011 4:06am Nov 18, 2011 4:06am
Quoting cat
No, 3590 is not far, but that's where I have my TP held over from last night. I basing my calculation on the fact my charts are all showing upside momentum at present, and 3590 is just short of the hourly resistance 2 pivot point, with the H1 200 exponential just above that. It may run higher than that today, but if it does, I won't be in.
You may be right, I aint excluding short squeeze up to 3680 from my calculations. I just dont see that likely and am 70/30 biased for bear.
"I know one thing, that I know nothing." Sokrates
  • #564,056
  • Nov 18, 2011 4:06am Nov 18, 2011 4:06am
I hear the train a comming, rolling round the bend, I aint seen no sunshine since forex took me in. okay big guys let go get them stops.
  • #564,057
  • Nov 18, 2011 4:08am Nov 18, 2011 4:08am
Quoting IamBorg
That would've been cool, but I'm actually an unashamed trekkie .

Thought the universe conquering, supremely logical Borg would be a good fit for me
Well, I was an avid trekkie fan myself back in the 70's when the original tv series was playing, Derek Nimoy et al. But I don't remember a Borg, he must have come later. There you are, I'm showing my age!!
  • #564,058
  • Nov 18, 2011 4:09am Nov 18, 2011 4:09am
Quoting Tom_D_Trader
You may be right, I aint excluding short squeeze up to 3680 from my calculations. I just dont see that likely and am 70/30 biased for bear.
May the best man win!
  • #564,059
  • Nov 18, 2011 4:09am Nov 18, 2011 4:09am
Quoting Alexone
Pity u guys dont remember what 1.35400 was. I do! And of course its reacting to it again! Ill give u a hint: its been given by a grumpy bastard days ago.
Not only it is a Cloggie number, but also yesterdays hi.. so double that.
In other news: A ranger was trapped between a bull and a bear
  • #564,060
  • Nov 18, 2011 4:10am Nov 18, 2011 4:10am
Quoting normfx

everybody and their mother is shorting this and as usual the manipulators are burning them and may continue to do so until they all turn long or are totally confused.."they" have it down to a science.
yeah, whatever nostradamus...

l8tr peeps..
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