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  • #676,261
  • Aug 6, 2012 2:52pm Aug 6, 2012 2:52pm
let's see what 02 has to say about it..2402.8 that was..
  • #676,262
  • Aug 6, 2012 2:56pm Aug 6, 2012 2:56pm
Quoting attila
let's see what 02 has to say about it..2402.8 that was..
crickets.. It's m15 though..
  • #676,263
  • Aug 6, 2012 2:57pm Aug 6, 2012 2:57pm
Oh shit
"It's the Margin, Stupid."
  • #676,264
  • Aug 6, 2012 3:00pm Aug 6, 2012 3:00pm
should have cut my loss at -8 pips. damn thing shot right back below 2400.
  • #676,265
  • Aug 6, 2012 3:02pm Aug 6, 2012 3:02pm
Come on 950 , fight like a pitch ... fight
"It's the Margin, Stupid."
  • #676,266
  • Aug 6, 2012 3:02pm Aug 6, 2012 3:02pm
Quoting Vachus
Oh shit
lol. I would have been pissed had I not closed my longs at that failure of 09, but that is still not out of the picture yet, only 2377 will do that.
  • #676,267
  • Aug 6, 2012 3:03pm Aug 6, 2012 3:03pm
a re test of this low would be nice for a long.. eh, I took it. finger on ze button..
  • #676,268
  • Aug 6, 2012 3:04pm Aug 6, 2012 3:04pm
Quoting attila
lol. I would have been pissed had I not closed my longs at that failure of 09, but that is still not out of the picture yet, only 2377 will do that.
yes, but one of mean characteristics of wave 4 that " It zig zag like a pitch " I thought it finished , but seems like it hasn't ...
"It's the Margin, Stupid."
  • #676,269
  • Aug 6, 2012 3:05pm Aug 6, 2012 3:05pm
NY closed under 1.24

My call is we're going down to test the uptrend from 2342-2348 (is near 2377 too), below that 2340, then 2300 and 2250/60 and 2220

I dont think it will get much lower than 1.23

This call is only based on the depth of the pullbacks we have seen in historical long retracements. They are shallow in up trend and come with a lot of volatility (such as June's retracement and the one back in April)
Be hopeful in a winning position, and fearful in a losing position.
  • #676,270
  • Aug 6, 2012 3:06pm Aug 6, 2012 3:06pm
950 is acting like a little girl , move on bear and bring to 850 - we have much bigger pitch can fight you ...
"It's the Margin, Stupid."
  • #676,271
  • Aug 6, 2012 3:06pm Aug 6, 2012 3:06pm
Quoting wm-eu
lol - yeah, i had really to lough now

1. why do u call us newbees? maybe some have more experience than u...
2. Yes, FX is exchange - like the NYSE, so are u buying and selling stocks or "exchanging" them?????
3. is absolutely not a fight against banks - its simple to be "better" than the market"
4. Banks are the Market? I, u and all other traders make part of the market too... i can also act as a market maker like banks do... (of course banks make a big share of the market but per definition they arent the market...only a part (also even...
nice one wm-eu, thats why some people can never be good teachers.
why cant he be like PT(the newbies hero)
Life is beautiful the way you dress it.
  • #676,272
  • Aug 6, 2012 3:10pm Aug 6, 2012 3:10pm
Quoting Vachus
950 is acting like a little girl , move on bear and bring to 850 - we have much bigger pitch can fight you ...
Patience A bounce was expected into that structure support, albeit a small one probably back to test 1.24 then down to test 2378/80 I am thinking.

Edit: 2402 failed so far
Be hopeful in a winning position, and fearful in a losing position.
  • #676,273
  • Aug 6, 2012 3:11pm Aug 6, 2012 3:11pm
Quoting Vachus
yes, but one of mean characteristics of wave 4 that " It zig zag like a pitch " I thought it finished , but seems like it hasn't ...
Any chance of a chart showing your waves?
  • #676,274
  • Aug 6, 2012 3:13pm Aug 6, 2012 3:13pm
Quoting MaxDoom
Any chance of a chart showing your waves?
No, its top secret
"It's the Margin, Stupid."
  • #676,275
  • Aug 6, 2012 3:13pm Aug 6, 2012 3:13pm
Quoting attila
a re test of this low would be nice for a long.. eh, I took it. finger on ze button..
out of it . swissie spiked like a mofu.. talk there's something going on with the chf.. Not sure what..
  • #676,276
  • Aug 6, 2012 3:16pm Aug 6, 2012 3:16pm
Quoting attila
out of it . swissie spiked like a mofu..
sorry for asking - whats mofu ? and IMO ?
  • #676,277
  • Aug 6, 2012 3:17pm Aug 6, 2012 3:17pm
Quoting attila
out of it . swissie spiked like a mofu..
Shorting Euroswiss spikes is one of the easiest plays in the game

Really a self fulfilling prophecy as everyone knows the SNB will take their order off their hands for a profit near 1.2010

I should keep some sell limits placed on it as the moves fade far too quickly for someone to short with a market order

Edit: Back above 2402, Aussie is my short of choice for the next few days I am thinking..
Be hopeful in a winning position, and fearful in a losing position.
  • #676,278
  • Aug 6, 2012 3:21pm Aug 6, 2012 3:21pm
Quoting HuoLong
sorry for asking - whats mofu ? and IMO ?
http://www.urbandictionary.com/define.php?term=mofu
  • #676,279
  • Aug 6, 2012 3:21pm Aug 6, 2012 3:21pm
Quoting Rag2RichesFX
Shorting Euroswiss spikes is one of the easiest plays in the game

Really a self fulfilling prophecy as everyone knows the SNB will take their order off their hands for a profit near 1.2010

I should keep some sell limits placed on it as the moves fade far too quickly for someone to short with a market order

Aussie is my short of choice for the next few days I am thinking..
snb defending their stupid floor seems like. I would stay out if not on the right side of the trade..
  • #676,280
  • Aug 6, 2012 3:22pm Aug 6, 2012 3:22pm
That's it for me, good luck everyone.
Be hopeful in a winning position, and fearful in a losing position.
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