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  • #610,561
  • Mar 16, 2012 5:54am Mar 16, 2012 5:54am
how many times bl**dy hell you want retest the same level..can't you go up simplyyyyyyyy?? :nerd:
  • #610,562
  • Mar 16, 2012 5:54am Mar 16, 2012 5:54am
  •  EDG
  • | Joined Feb 2007 | Status: Nothing is fixed. Keep an open mind | 229 Posts
Quoting Astelith
The trend still bearish, at now. I have no signal of reversing... why ppl still going long ?

i think if 13060 broke convincingly..its goodbye bears...hello longs..
Hindsight is useless if you never learn anything out from it
  • #610,563
  • Mar 16, 2012 5:55am Mar 16, 2012 5:55am
Quoting kuroro001
We are gambling!
  • #610,564
  • Mar 16, 2012 5:57am Mar 16, 2012 5:57am
Quoting kuroro001
We are gambling!
+1
  • #610,565
  • Mar 16, 2012 5:59am Mar 16, 2012 5:59am
Quoting Kowalczyk
This is the 3rd time the price jumped off / tested the broken hourly trend line (downward trend line) in the last two hours. That is not including the two times yesterday. The 15m and hourly still cannot close below the daily 50% fib retracement at 1.3054.
Kowalczyk,

About your signature:

If there is only one greater fool than you, that still leaves you at a pretty bad spot. It is like: I'm okay if I'm only the second worst loser!

(I think I know where you got your signature from, but you used it in the wrong way or maybe you didn't understand it at all.)

Anyway, happy trading, and if you're smart, then don't be the second worst trader.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #610,566
  • Mar 16, 2012 6:02am Mar 16, 2012 6:02am
Quoting KillerWhale
About your signature:

If there is only one greater fool than you, that still leaves you at a pretty bad spot. It is like: I'm okay if I'm only the second worst loser!

(I think I know where you got your signature from, but you used it in the wrong way or maybe you didn't understand it at all.)

Anyway, happy trading, and if you're smart, then don't be the second worst trader.
It comes from the greater fool theory. I do not care if I buy an asset at an inflated price if I can sell it to some one else for an even higher price. I am a fool for buying it at a high price but I am selling it to a greater fool at a higher price. The person that buys it at the highest price before the bubble bursts is the greatest fool.

And plus, I am sure there are many greater fools than me in the world.
  • #610,567
  • Mar 16, 2012 6:03am Mar 16, 2012 6:03am
Quoting EDG
i think if 13060 broke convincingly..its goodbye bears...hello longs..
For me if broke 1.3100...
Now i think in a 3080 retrace and go down again.
Otherwise, if i see 1h candle closing after 1.31x i wait retrace and i enter my long.

Meanwhile... scalping with short
  • #610,568
  • Mar 16, 2012 6:04am Mar 16, 2012 6:04am
Quoting Kowalczyk
This is the 3rd time the price jumped off / tested the broken hourly trend line (downward trend line) in the last two hours. That is not including the two times yesterday. The 15m and hourly still cannot close below the daily 50% fib retracement at 1.3054.
yeah...
I think I know your plan but it was too early to get into trade.
In my opinion you are against the big running train (I like this comparison)
I couldn't find any BUY signals so far... Maybe later...
Read Charts - Not Papers
  • #610,569
  • Mar 16, 2012 6:07am Mar 16, 2012 6:07am
Quoting dswk
My Bull Gartley tell me objective 1 : 3067, objective 2 : 3099. SL @ 3042.
Let see if this garley will develop. R:R is low.
first objective reached ...
Let see now if this will continue.
  • #610,570
  • Mar 16, 2012 6:09am Mar 16, 2012 6:09am
i was closed my long too early
Mohan
  • #610,571
  • Mar 16, 2012 6:11am Mar 16, 2012 6:11am
WTF??? what a RANGE???

Please more volatility...DAMN
  • #610,572
  • Mar 16, 2012 6:11am Mar 16, 2012 6:11am
Quoting halkins
yeah...
I think I know your plan but it was too early to get into trade.
In my opinion you are against the big running train (I like this comparison)
I couldn't find any BUY signals so far... Maybe later...
I went long for several reasons.

1. There is a demand zone from 1.3063 to 1.3038.
2. The 50% fib retracement from the daily trend is at 1.3054.
3. The hourly down trend line broke a couple of hours ago. When I placed my trades, it was testing the trend line.

Those are the 3 main reason (I have several other reasons). I have a relatively tight stop just in case the bulls give up, and a very good R:R. I do not know what trading style you prefer but this is more than enough for me.
  • #610,573
  • Mar 16, 2012 6:15am Mar 16, 2012 6:15am
Quoting Kowalczyk
It comes from the greater fool theory. I do not care if I buy an asset at an inflated price if I can sell it to some one else for an even higher price. I am a fool for buying it at a high price but I am selling it to a greater fool at a higher price. The person that buys it at the highest price before the bubble bursts is the greatest fool.

And plus, I am sure there are many greater fools than me in the world.
But sometimes the big dog comes and swallows down all the fools small and big
  • #610,574
  • Mar 16, 2012 6:15am Mar 16, 2012 6:15am
i'm sorry for you shorters
  • #610,575
  • Mar 16, 2012 6:16am Mar 16, 2012 6:16am
LOL

this had plenty fooled on here by the looks of it.
now they have a few football stadiums worth of
people short the banks are going to take all the stops
out by the looks of it.
rat
  • #610,576
  • Mar 16, 2012 6:17am Mar 16, 2012 6:17am
Quoting Kowalczyk
I went long for several reasons.

1. There is a demand zone from 1.3063 to 1.3038.
2. The 50% fib retracement from the daily trend is at 1.3054.
3. The hourly down trend line broke. When I placed my trades, it was testing the trend line.

Those are the 3 main reason (I have several other reasons). I have a relatively tight stop just in case the bulls give up, and a very good R:R. I do not know what trading style you prefer but this is more than enough for me.
definitely there was some BUY activity around this zone...
Read Charts - Not Papers
  • #610,577
  • Mar 16, 2012 6:18am Mar 16, 2012 6:18am
Quoting meromar
But sometimes the big dog comes and swallows down all the fools small and big
True. That's why you have stops (and bankruptcy protection if necessary).
  • #610,578
  • Mar 16, 2012 6:19am Mar 16, 2012 6:19am
Quoting halkins
definitely there was some BUY activity around this zone...
just hoping for long although downtrend overall lets see who win
  • #610,579
  • Mar 16, 2012 6:21am Mar 16, 2012 6:21am
Quoting turmaz
its now 140000$
Equity?
  • #610,580
  • Mar 16, 2012 6:22am Mar 16, 2012 6:22am
i vote for sell or bearish =)
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