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  • #617,081
  • Mar 28, 2012 10:54am Mar 28, 2012 10:54am
Quoting KillerWhale
The lower wick is quite normal at THIS moment (see chart), nothing really bull like. And my 4 hr closes in 10 minutes from now.
More important for me is the flip-over of the GannHilo. That's bearish in my experience
Indicators like MACD also point at more bear
New voice message: Why are you calling me? If I need you, I'll call you!
  • #617,082
  • Mar 28, 2012 10:57am Mar 28, 2012 10:57am
WTF???

+456 pips and counting?? HELL YEAH
  • #617,083
  • Mar 28, 2012 11:00am Mar 28, 2012 11:00am
I apologise for the youtube video earlier, it could be read as arrogance and it is so far from that. I only used it to re-enforce my point that we MUST listen to the charts. Nothing more.

I do not condone bragging - so with that behind me - I will be holding my short to the 3240 take profit unless the market tells me other wise.

The Chart is saying now that it may reverse, but I have to wait for confirmation at 3pm
  • #617,084
  • Mar 28, 2012 11:02am Mar 28, 2012 11:02am
Quoting KillerWhale
The lower wick is quite normal at THIS moment (see chart), nothing really bull like. And my 4 hr closes in 10 minutes from now.
More important for me is the flip-over of the GannHilo. That's bearish in my experience
But in 24 hours we will know more
New voice message: Why are you calling me? If I need you, I'll call you!
  • #617,085
  • Mar 28, 2012 11:02am Mar 28, 2012 11:02am
London gives us no signal but I am still bullish
  • #617,086
  • Mar 28, 2012 11:09am Mar 28, 2012 11:09am
Quoting KillerWhale
The lower wick is quite normal at THIS moment (see chart), nothing really bull like. And my 4 hr closes in 10 minutes from now.
More important for me is the flip-over of the GannHilo. That's bearish in my experience
Looks like you could be right. I'm not totally convinced, but we'll see.
Learn to see what's there, not what you want to see.
  • #617,087
  • Mar 28, 2012 11:16am Mar 28, 2012 11:16am
retest trend
edit moved up fast
  • #617,088
  • Mar 28, 2012 11:18am Mar 28, 2012 11:18am
That big spike just proves its a bearish move , lol....
  • #617,089
  • Mar 28, 2012 11:18am Mar 28, 2012 11:18am
wow 20 pip spike on m1
Learn to see what's there, not what you want to see.
  • #617,090
  • Mar 28, 2012 11:19am Mar 28, 2012 11:19am
nice bounce e/u ;]
More on my Blog...
  • #617,091
  • Mar 28, 2012 11:21am Mar 28, 2012 11:21am
i dam good
  • #617,092
  • Mar 28, 2012 11:21am Mar 28, 2012 11:21am
Quoting tankokjian
That big spike just proves its a bearish move , lol....
How a up spike proves it will bearish? will you please explain then it will helpful for a trader like me ( NEW )
  • #617,093
  • Mar 28, 2012 11:22am Mar 28, 2012 11:22am
Quoting JackintheBox
@HDA: better close one pos. 13320... greets...
@JackintheBox:

I normally hold my lots to the TP if its a strong probability trade. Let see what happens. I know 3292 is strong support, but the chart says for now hold short. I'll keep both positions open.

There's going to be a hard fight at this level, lets c what happens. I have to wait for confirmation before pulling the trigger and I wont get that confirmation before 3pm eastern.

What I got at 12pm eastern was a warning that the market could reverse - it may shoot up to 3325 and then wave right back down.

I just have to be patient.

I cant make any decision as to what to do until 3 pm.

I cud heed the 12 noon warning and bail out, but Ive learnt that patience pays off 80% of the time, so I'll wait
  • #617,094
  • Mar 28, 2012 11:23am Mar 28, 2012 11:23am
the support near 1.3316 now is a resistance....

i think that we could go down.......

short
tp near 1.3240
sl 1.3320
Attached Image (click to enlarge)
Click to Enlarge Name: chart.gif Size: 38 KB
  • #617,095
  • Mar 28, 2012 11:26am Mar 28, 2012 11:26am
Quoting Hda
@JackintheBox:

I normally hold my lots to the TP if its a strong probability trade. Let see what happens. I know 3292 is strong support, but the chart says for now hold short. I'll keep both positions open.

There going to be a hard fight at this level, lets c what happens. I have to wait for confirmation before pull the trigger and I wont get that confirmation before 3pm.

What I got at 12pm was a warning that the market could reverse - it may shoot up to 3325 and then wave right back down.

I...
1.3292 is not such a strong support, we already had an hourly close below it. (1.3288)
But we'll see where it goes.
I have no clue where that 30 pip spike came from.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #617,096
  • Mar 28, 2012 11:29am Mar 28, 2012 11:29am
Quoting KillerWhale
1.3292 is not such a strong support, we already had an hourly close below it. (1.3288)
But we'll see where it goes.
I have no clue where that 30 pip spike came from.
@KillerWhale:

Agreed
  • #617,097
  • Mar 28, 2012 11:31am Mar 28, 2012 11:31am
European governments are preparing for a one-year increase in the ceiling on rescue aid to 940 billion euros ($1.3 trillion) to keep the debt crisis at bay, according to a draft statement written for finance ministers.

Thats from Bloomberg

And hi guys, been reading the forum for a long time, but havent posted yet
  • #617,098
  • Mar 28, 2012 11:32am Mar 28, 2012 11:32am
Maybe it was a stop triggered from a big hedgefund...lol who knows.

Speaking of which...is there a level II type platform for forex where you could see the buy / sell orders, just like they have a level II for stocks?
Learn to see what's there, not what you want to see.
  • #617,099
  • Mar 28, 2012 11:32am Mar 28, 2012 11:32am
Holding the 50% so far,no hourly close below yet,
still buyers around.
Thinking thats it for todays down move but then
i'm done for the day so i don't really care.
Attached Image (click to enlarge)
Click to Enlarge Name: p1.gif Size: 26 KB
You can remain irrational longer than you can remain solvent.
  • #617,100
  • Mar 28, 2012 11:33am Mar 28, 2012 11:33am
Quoting KillerWhale
1.3292 is not such a strong support, we already had an hourly close below it. (1.3288)
But we'll see where it goes.
I have no clue where that 30 pip spike came from.
Oh sorry... That was my buy order getting filled...
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