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  • #601,221
  • Feb 28, 2012 3:02pm Feb 28, 2012 3:02pm
daily

________________
High risk, high reward: It takes balls of steel to play this game
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  • #601,222
  • Feb 28, 2012 3:02pm Feb 28, 2012 3:02pm
Pretty amazing how two people can look at the same thing and get a completely different interpretation.

Correct me if I am wrong, but you see upward move.

I completely see a downward move coming.

Whats your rationale?

Quoting turmaz
Its not the market its "YOU can remain irrational longer than you can remain solvent."
the problem is why the pair is not going down and why its looks toppy to you is because you are looking at the wrong time frame at the wrong time
see the attach

______________________
High risk, high reward: It takes balls of steel to play this game
  • #601,223
  • Feb 28, 2012 3:04pm Feb 28, 2012 3:04pm
Quoting turmaz
daily

________________
High risk, high reward: It takes balls of steel to play this game
You were short at 3055 and 3150,care to
show me why you sold at those levels?
You can remain irrational longer than you can remain solvent.
  • #601,224
  • Feb 28, 2012 3:07pm Feb 28, 2012 3:07pm
Quoting jezek5
Listen here sunshine,when you were short and crying for your
mummy i was one of the longs running you over.
Note...Lower band of DNT 2950 ,at 2980 i was buying like mad.
You do your thing and i'll do mine thank you very much.
i was just trying to help you nothing more i was so wrong at that time due to some elliott wave guy
and confused too but no one helped me out but now im 15% above thanks to...
High risk, high reward: It takes balls of steel to play this game
________________
High risk, high reward: It takes balls of steel to play this game
  • #601,225
  • Feb 28, 2012 3:12pm Feb 28, 2012 3:12pm
Quoting turmaz
OKAY the logical stops are those in bullish market when price make a new high and come down to a certain price and then goes up again and break the last high on that time frame, the level at which the price returns and made a new high the lowest low between these two high are the swing low and u put ur stops just under it as u can see in the attach below the red dotted line is my SL and green dotted are my entries on the 1 hr time frame

______
[i][font=ElectraLH-Cursive][size=3][font=ElectraLH-Cursive][size=3]High risk, high reward: It takes balls...
(Went to have dinner.)

So, you entered the higher long today, assuming there was going to be a new high. And the logical stop would be under the previous low, yesterday. Is that it?

(Did that sound gibberish?)
  • #601,226
  • Feb 28, 2012 3:14pm Feb 28, 2012 3:14pm
waiting there to go down,now its going up ...
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  • #601,227
  • Feb 28, 2012 3:18pm Feb 28, 2012 3:18pm
based on this chart you are waiting to "last eighth" before going short.

good way to miss the profit needed to sit through the big swing.

better to probe for entry position and raise the stakes as your direction is confirmed, I would think.

Quoting turmaz
daily

________________
High risk, high reward: It takes balls of steel to play this game
  • #601,228
  • Feb 28, 2012 3:19pm Feb 28, 2012 3:19pm
Quoting jezek5
You were short at 3055 and 3150,care to
show me why you sold at those levels?
yes i was short due to elliot wave count im a member of elliot wave international, but i was telling them that u ppl are wrong but they said 1.33204 is the top so i satarted shorting against my analysis as my analysis was sayin it has room to go higher to the level 1.3500 which i just showed you and the prob was that i trade large account the up move was furosious and merciless that i dont get a chance to cover i coverd at 1.3200 and when do you know that y i was crying for that the guys in the elliot wave intl they were suggesting the top then how could i differ from them but my experience paid of i covered all and immedialtly reversed my position to TP 1.3481 i ve unloaded half of my posn there and im holding half with 15% profit in pockect
and one thing more when the price broke 1.33204 i immediatly calld them and said u were sayin its a f**kn top what happend they simply said wave count invalidation and you know what they said the current wave count suggest that the price can go as high as 3667 in return i simply said
STFU u elliotician losers!!
my analysis says it can go more then 3550 level

_____________________
High risk, high reward: It takes balls of steel to play this game
  • #601,229
  • Feb 28, 2012 3:21pm Feb 28, 2012 3:21pm
Quoting todstars2
Pretty amazing how two people can look at the same thing and get a completely different interpretation.

Correct me if I am wrong, but you see upward move.

I completely see a downward move coming.

Whats your rationale?
buddy i see upward move till 3520-30 or max @ 1.3546 level

________________________
High risk, high reward: It takes balls of steel to play this game
  • #601,230
  • Feb 28, 2012 3:24pm Feb 28, 2012 3:24pm
Quoting otuzel
ok, here's the Batman formation...
If you watched batman in the 80s you would remember that the joker can make someone's head grow big !!!

  • #601,231
  • Feb 28, 2012 3:25pm Feb 28, 2012 3:25pm
Quoting Alec
(Went to have dinner.)

So, you entered the higher long today, assuming there was going to be a new high. And the logical stop would be under the previous low, yesterday. Is that it?

(Did that sound gibberish?)
stops are between the two high lows, the critera is the last high must break the previous high

_________________
High risk, high reward: It takes balls of steel to play this game
  • #601,232
  • Feb 28, 2012 3:26pm Feb 28, 2012 3:26pm
With this bullish action it could be a sign that people are hoping for a bearish move on tomorrow's LTRO. Your take guys??? They Buy the hype and position themselves for a nosedive.
  • #601,233
  • Feb 28, 2012 3:27pm Feb 28, 2012 3:27pm
Quoting turmaz
yes i was short due to elliot wave count im a member of elliot wave international, but i was telling them that u ppl are wrong but they said 1.33204 is the top so i satarted shorting against my analysis as my analysis was sayin it has room to go higher to the level 1.3500 which i just showed you and the prob was that i trade large account the up move was furosious and merciless that i dont get a chance to cover i coverd at 1.3200 and when do you know that y i was crying for that the guys in the elliot wave intl they were suggesting the top then...
Bob Prechter,the perma bear,he's like a friggin broken clock.
No worries,at the moment you're on the right side of this bull run,
well done for that and good luck.
You can remain irrational longer than you can remain solvent.
  • #601,234
  • Feb 28, 2012 3:27pm Feb 28, 2012 3:27pm
then you are playing for the "last eighth"

good luck to ya on that one.

Ill risk a little to be sure I get on board before I miss the ride.

Different tolerances for all. Nothing wrong with that.

Quoting turmaz
buddy i see upward move till 3520-30 or max @ 1.3546 level

________________________
High risk, high reward: It takes balls of steel to play this game
  • #601,235
  • Feb 28, 2012 3:28pm Feb 28, 2012 3:28pm
Quoting todstars2
based on this chart you are waiting to "last eighth" before going short.

good way to miss the profit needed to sit through the big swing.

better to probe for entry position and raise the stakes as your direction is confirmed, I would think.
i will happy to short this pair with confidence and conviction above the 1.3520 i will start shorting posn i will go against when ppl say they buy when the price closes above 1.3500

________________-
High risk, high reward: It takes balls of steel to play this game
  • #601,236
  • Feb 28, 2012 3:29pm Feb 28, 2012 3:29pm
Quoting Mr.MaginCole
If you watched batman in the 80s you would remember that the joker can make someone's head grow big !!!

not this time please.
  • #601,237
  • Feb 28, 2012 3:30pm Feb 28, 2012 3:30pm
Quoting jezek5
Bob Prechter,the perma bear,he's like a friggin broken clock.
No worries,at the moment you're on the right side of this bull run,
well done for that and good luck.
thanks for wishing me luck!!

______________-
High risk, high reward: It takes balls of steel to play this game
  • #601,238
  • Feb 28, 2012 3:48pm Feb 28, 2012 3:48pm
Tick by tick it's going higher. Wish there was a pullback so I could get in again. But the thing is too slow now
  • #601,239
  • Feb 28, 2012 3:55pm Feb 28, 2012 3:55pm
Quoting Alec
Tick by tick it's going higher. Wish there was a pullback so I could get in again. But the thing is too slow now
Just be patient, there will be a pull back.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #601,240
  • Edited 4:18pm Feb 28, 2012 3:59pm | Edited 4:18pm
Quoting KillerWhale
Just be patient, there will be a pull back.

are you going to still be buying when the Euro is trading at 1.05XX in 4 years from now. You're naturally a bull, but that's a pretty long time to have the Bear kill you.

however in the near future you're right. The Euro is going to top around 1.41xx. Just give it a week or two.
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