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  • #618,981
  • Apr 1, 2012 3:41pm Apr 1, 2012 3:41pm
I am very tempted to go short from here on AUD & GBP but :-?, it could be a good gamble.
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #618,982
  • Apr 1, 2012 3:47pm Apr 1, 2012 3:47pm
At 3pm Eastern - The CHARTS said to go Short at 1.33580, but I wont, because Im not paying 10pips for the spread to enter the trade.

At 6pm eastern The CHARTS will confirm wether the short continues to be valid.

Gonna grab a bite to eat.
  • #618,983
  • Apr 1, 2012 3:48pm Apr 1, 2012 3:48pm
a forex traders photo moziac
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  • #618,984
  • Apr 1, 2012 3:54pm Apr 1, 2012 3:54pm
Come on 3400. I expect my bricks to be served on a silver platter.
  • #618,985
  • Apr 1, 2012 3:54pm Apr 1, 2012 3:54pm
Once again ... SO glad I held my long positions over the weekend.

Let's resume this uptrend.
  • #618,986
  • Apr 1, 2012 4:00pm Apr 1, 2012 4:00pm
Quoting samdani786
Some follow the price.
Some make the price follow them.

you good man
i think we see 36 soon
and get back in fibo 61.
  • #618,987
  • Apr 1, 2012 4:02pm Apr 1, 2012 4:02pm
open in gap up
  • #618,988
  • Apr 1, 2012 4:04pm Apr 1, 2012 4:04pm
Quoting megajester
Unfortunatley im still short from friday
short
  • #618,989
  • Apr 1, 2012 4:06pm Apr 1, 2012 4:06pm
Quoting Hda
@megajester:

Dont knock PKIMNYC nonetheless - everyone has different tolerance levels. PKIMNYC is a good sport so dont frown and dispell any resentful thoughts you might have developed.

When you've grown with the market and gained alot of experience, just remember to extend your hand and help someone else up.
thanks for the kind words hda,

Here's the thing that might help other people. I see a lot of people engage in public forum activity. But what I find most useful is to shut down all chatting or public forums during trading hours. If you're engaged in forums like this, it only creates distraction.

When it comes to technicals.... Many seems to still debates indies vs. Pure pa. Well... In my case, it's a mixture of both. Indies do lag as many already know, but it shows something that price alone does not tell you. If you can combine those two and use it to your advantage of the pros, you got yourself a powerful tool. Of course nothing in this business is a 100%, but if odds are higher than flipping coins then I think you have the upper hand.

Of course it's just an opinion coming from a noob like myself, might not mean much to majority people here. Just hoping maybe couple people get it, but everyone has their own edge. What works for me might not work for others and may sound ridicules.

Anyways... Best luck to your trading this week buddy. Take care.
  • #618,990
  • Apr 1, 2012 4:06pm Apr 1, 2012 4:06pm
Quoting Hda
At 3pm Eastern - The CHARTS said to go Short at 1.33580, but I wont, because Im not paying 10pips for the spread to enter the trade.

At 6pm eastern The CHARTS will confirm wether the short continues to be valid.

Gonna grab a bite to eat.
wa guanno rude boy?
  • #618,991
  • Apr 1, 2012 4:09pm Apr 1, 2012 4:09pm
i hope they make for android htc platform better than htc windows mobile fool slow shitt
  • #618,992
  • Apr 1, 2012 4:14pm Apr 1, 2012 4:14pm
h4 chart channel in play..looking for a corrective wave ABC sometime this week... btw 3400 need to break for it to be valid..
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  • #618,993
  • Apr 1, 2012 4:17pm Apr 1, 2012 4:17pm
Quoting pkimnyc
thanks for the kind words hda,

Here's the thing that might help other people. I see a lot of people engage in public forum activity. But what I find most useful is to shut down all chatting or public forums during trading hours. If you're engaged in forums like this, it only creates distraction.

When it comes to technicals.... Many seems to still debates indies vs. Pure pa. Well... In my case, it's a mixture of both. Indies do lag as many already know, but it shows something that price alone does not tell you. If you can combine those two...
  • #618,994
  • Apr 1, 2012 4:18pm Apr 1, 2012 4:18pm
After going through all the major world indexes around the world they are almost all at extremely critical levels. Especially the U.S. markets where Dow and S&P are nervously testing the levels they were at in 2008 before they fell big and Nasdaq is going completely parabolic. Insider selling is at record highs, options and credit markets are pricing in a fall, macro data is mediocre, cnbc is telling people to buy, and really we're worse off now than in 2008.

As far as E/U, we are at levels now where there are is a LOT of very important fibs, trendlines, monthly highs lows closes , moving averages, and other historical turning points. Last month we bounced from key levels and ripped through a lot of of resistance, but every rally was sold pretty significantly. After falling hard at the beginning of March price rebounded and closed above tough resistance but in the last hour of trading in the month price tested the March open line but ws unable to make it above it.

In my opinion there needs to be some massive buying in the next week, or Euro will be sold. So I think the most important things to watch will be all the plethora of ecomonomic data coming out next week, the major international equity and credit markets, and the USDX which is on strong trendline support.

I think this is an extremely important point in time.
  • #618,995
  • Apr 1, 2012 4:23pm Apr 1, 2012 4:23pm
Will this small Gap be filled? What do you think?
  • #618,996
  • Apr 1, 2012 4:26pm Apr 1, 2012 4:26pm
Quoting samdani786
Some follow the price.
Some make the price follow them.

  • #618,997
  • Apr 1, 2012 4:28pm Apr 1, 2012 4:28pm
Quoting Tools
Will this small Gap be filled? What do you think?
gaps like that takes longer time to fill may be in the middle of the week
  • #618,998
  • Apr 1, 2012 4:29pm Apr 1, 2012 4:29pm
I believe it is a fake gap. Any fund manager or a large trader would do some adjusting at the beginning of a new quarter.
  • #618,999
  • Edited 5:06pm Apr 1, 2012 4:29pm | Edited 5:06pm
PIP SPREAD drop to 2.6 pips LIMIT ORDER WAS FILLED

I was taken into the market at 1.33602 SHORT
SL 1.34402
TP 1.32702

Gone back To Finish Eating

Remember, Make a note of the PIPS LOST.

Let the trading begin

DO NOT TRADE WHAT I TRADE
  • #619,000
  • Apr 1, 2012 4:31pm Apr 1, 2012 4:31pm
short 5 lots (1.3363)

stop 1.33715 and 1.33765
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