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  • #29,661
  • Jul 12, 2012 12:27pm Jul 12, 2012 12:27pm
I want to see this movie so bad..........

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The Chonchy
  • #29,662
  • Jul 12, 2012 1:32pm Jul 12, 2012 1:32pm
.......I think we are going to keep going down guys.....

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The Chonchy
  • #29,663
  • Jul 12, 2012 1:37pm Jul 12, 2012 1:37pm
.......We went true all those supports like buther, so I think we are going to try mayor supports now........

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The Chonchy
  • #29,664
  • Jul 12, 2012 1:42pm Jul 12, 2012 1:42pm
........for example we may go for this 2146 low and then is nothing to the 1.1875........a leg up? perhaps, spain trowing rocks?, a problem......I hope I'm wrong since my lot is very small to test the water and smikester is long, so go long yurow........

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The Chonchy
  • #29,665
  • Jul 12, 2012 1:45pm Jul 12, 2012 1:45pm
Quoting chonchy
........for example we may go for this 2146 low and then is nothing to the 1.1875........a leg up? perhaps, spain trowing rocks?, a problem......I hope I'm wrong since my lot is very small to test the water and smikester is long, so go long yurow........

Attachment
I'm not long. I have a Euro short which is doing Ok. I'm also long quite heavily on the Swissy, or short the Franc, if you like.
Gone to a better place
  • #29,666
  • Jul 12, 2012 1:48pm Jul 12, 2012 1:48pm
I was thinking about what Roro said about someone calling the Libor frauds the banks' tobacco moment. I know what they mean but not a very good analogy because I don't find using banks addictive. On the other hand, I would like to give it up... LOL.
Gone to a better place
  • #29,667
  • Jul 12, 2012 3:45pm Jul 12, 2012 3:45pm
Quoting smikester
I was thinking about what Roro said about someone calling the Libor frauds the banks' tobacco moment. I know what they mean but not a very good analogy because I don't find using banks addictive. On the other hand, I would like to give it up... LOL.
The Chonchy
  • #29,668
  • Jul 12, 2012 3:51pm Jul 12, 2012 3:51pm
Quoting smikester
I'm not long. I have a Euro short which is doing Ok. I'm also long quite heavily on the Swissy, or short the Franc, if you like.
.....Oh ok good........so I can add to my shorts then......
The Chonchy
  • #29,669
  • Jul 12, 2012 5:24pm Jul 12, 2012 5:24pm
Quoting roro53
none required......just think that others here will appreciate your trading outlooks.

i have read your posts from other threads...nice insights. come on back more often
Ok Roro, these are just my thoughts.
I think today will tell the story somehow based on the chart 2 breakout (not yet confirmed).

CHART 1:
Just making an observation on daily price action, it seems there is strong buying pressure Junes low with 2 strong bullish daily bars after some brief consolidation.

CHART 2:
June and Julys PA reminds me of November/December 2011 where we saw strong buying pressure against the trend before Januarys take off.

Chart 3: (NOTE: THIS CHART IS PURE PA SPECULATION IF AND WHEN WE GET DOWN THERE)
I'm thinking the continued bearish pressure could be of a slow grinding nature down to 1 of the 2 highlighted bottom levels while the market waits for the Feds next move. I'll probably hold out until Junes low is reached since we have breached the consolidation zone on chart 2 unless Friday brings us a big surprise. (But I am very interested to see if that middle TL gets a retest).
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Come with me if you want to live....
  • #29,670
  • Jul 12, 2012 9:33pm Jul 12, 2012 9:33pm
Quoting chonchy
I want to see this movie so bad..........

http://www.youtube.com/watch?v=-LqA1rHtapo&NR=1
thanks Ing......
The Chonchy
  • #29,671
  • Jul 12, 2012 9:35pm Jul 12, 2012 9:35pm
Quoting Ill-b-back
Ok Roro, these are just my thoughts.
I think today will tell the story somehow based on the chart 2 breakout (not yet confirmed).

CHART 1:
Just making an observation on daily price action, it seems there is strong buying pressure Junes low with 2 strong bullish daily bars after some brief consolidation.

CHART 2:
June and Julys PA reminds me of November/December 2011 where we saw strong buying pressure against the trend before Januarys take off.

Chart 3: [b][u](NOTE: THIS CHART IS PURE PA SPECULATION...
......Nice analisis, nice post and nice charts Ill-b-back, thanks a lot for this ...........
The Chonchy
  • #29,672
  • Jul 12, 2012 9:39pm Jul 12, 2012 9:39pm
.......Ill-keep-seing more down, lol.......new daily candle is green posibly to reach yellow ema 5 but that is it, me think, I could be wrong being there before, wrong, but I see more down........

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what do you see, roro?
The Chonchy
  • #29,673
  • Jul 13, 2012 2:21am Jul 13, 2012 2:21am
Quoting chonchy
.......Ill-keep-seing more down, lol.......new daily candle is green posibly to reach yellow ema 5 but that is it, me think, I could be wrong being there before, wrong, but I see more down........

Attachment

what do you see, roro?
........And down in deed we went......
The Chonchy
  • #29,674
  • Jul 13, 2012 3:33am Jul 13, 2012 3:33am
Hey Chonchy and Roro, it's Friday night here and I'm excited.

I play with fans sometimes as they seem really accurate.

1. Complete
2. Complete
3. Complete and about to retest
4. Next??

Got to go, wife is calling.
Have a great day guys
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Come with me if you want to live....
  • #29,675
  • Jul 13, 2012 5:52am Jul 13, 2012 5:52am
Quoting chonchy
.......Ill-keep-seing more down, lol.......new daily candle is green posibly to reach yellow ema 5 but that is it, me think, I could be wrong being there before, wrong, but I see more down........

Attachment

what do you see, roro?
honest answer, Chonchy....i don't know. need time to reassess, overall a nice week. up briefly to check prices at 3 but more less slept through the european session.....only dark spot was a long uc from last night out with a bit of a loss......probably not taking trades today flat into the weekend......gone pretty much till later. hope you had a good week.
  • #29,676
  • Jul 13, 2012 5:57am Jul 13, 2012 5:57am
Quoting Ill-b-back
Hey Chonchy and Roro, it's Friday night here and I'm excited.

I play with fans sometimes as they seem really accurate.

1. Complete
2. Complete
3. Complete and about to retest
4. Next??

Got to go, wife is calling.
Have a great day guys
thanks for the posts...very interesting. have to run. busy with something else this morning

on that note, have a nice weekend. visit often

http://25.media.tumblr.com/tumblr_m5...5vxio1_500.jpg
  • #29,677
  • Jul 13, 2012 6:08am Jul 13, 2012 6:08am
Quoting Ill-b-back
Hey Chonchy and Roro, it's Friday night here and I'm excited.

I play with fans sometimes as they seem really accurate.

1. Complete
2. Complete
3. Complete and about to retest
4. Next??

Got to go, wife is calling.
Have a great day guys
nice charts and nice trade,........
The Chonchy
  • #29,678
  • Jul 13, 2012 6:10am Jul 13, 2012 6:10am
Quoting roro53
honest answer, Chonchy....i don't know. need time to reassess, overall a nice week. up briefly to check prices at 3 but more less slept through the european session.....only dark spot was a long uc from last night out with a bit of a loss......probably not taking trades today flat into the weekend......gone pretty much till later. hope you had a good week.
.......sorry to heard that bro........I have a great week on the tile work, but in forex.......
The Chonchy
  • #29,679
  • Jul 13, 2012 6:13am Jul 13, 2012 6:13am
Quoting roro53
thanks for the posts...very interesting. have to run. busy with something else this morning

on that note, have a nice weekend. visit often

http://25.media.tumblr.com/tumblr_m5...5vxio1_500.jpg

.......Nice refreshing moment, thanks roro for a wake up call, I need to go tile some more, will post pics later, here is one, but I was afraid to posted just in case is being confuse with porn........don't pay atention to us, just look at the tile please.........thanks........

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The Chonchy
  • #29,680
  • Jul 13, 2012 6:16am Jul 13, 2012 6:16am
.....On the trading side, down more down.......

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The Chonchy
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