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  • #680,401
  • Aug 15, 2012 8:52am Aug 15, 2012 8:52am
Quoting attila
Some are looking at that shooting star on daily.. I would not give it much importance as it's not at a high.. As a matter of fact, if that particular pattern we have on daily fails, it's the best thing that can happen to bulls..

It's also bottomed by that doji for several days ago.. That one is more important as it's in an up trend..
Just be careful with this if it fails.. It's exactly where retailers get hammered.. I absolutely love these kind of failures when they happen.
  • #680,402
  • Aug 15, 2012 8:52am Aug 15, 2012 8:52am
Might short USD/CAD soon
  • #680,403
  • Aug 15, 2012 8:52am Aug 15, 2012 8:52am
Quoting attila
sp going up..
yea dax , sp and gold heading north , this eu annoying us
Mohan
  • #680,404
  • Aug 15, 2012 8:54am Aug 15, 2012 8:54am
Quoting mohan76
yea dax , sp and gold heading north , this eu annoying us
sp has strong res right above..
  • #680,405
  • Aug 15, 2012 8:54am Aug 15, 2012 8:54am
Quoting Nachiket
I suspect bulls were trapped and we have the final leg down now
200MA, 100MA of M5 and M15 very high to touch therefore there is no other choice without holding support for couple of hours.
If bull attempt to break 2315 at this time, another resistance will build up above that level which will consider as bull failure.
Those MAs are above broken 2315 psycho support.
You cannot learn better without losing
  • #680,406
  • Aug 15, 2012 8:56am Aug 15, 2012 8:56am
Quoting Nachiket
another 21 yr old kid. how many times I have to say kids earn some degree in college and then trade.
Why should a kid go into debt for outlandish sums the schools are charging only to come out and probably not even get a job for their degree?

Damn I could have started when I was in my twenties. would have given me plenty of trading experience before I was a bit older and had real money to start an account.
  • #680,407
  • Aug 15, 2012 8:57am Aug 15, 2012 8:57am
picky2004... here's the indicator.
Attached File(s)
File Type: mq4 EVIndicator2011v1.01.mq4   1 KB | 304 downloads
  • #680,408
  • Aug 15, 2012 8:57am Aug 15, 2012 8:57am
Quoting KumoDragon
Why should a kid go into debt for outlandish sums the schools are charging only to come out and probably not even get a job for their degree?

Damn I could have started when I was in my twenties. would have given me plenty of trading experience before I was a bit older and had real money to start an account.
nvm him
How to Win at Sports Betting: DON'T DO IT!
  • #680,409
  • Aug 15, 2012 9:08am Aug 15, 2012 9:08am
Dow and Dollar rallying together,don't see that every day,
think its time for my holidays,can't read this at all.
You can remain irrational longer than you can remain solvent.
  • #680,410
  • Aug 15, 2012 9:11am Aug 15, 2012 9:11am
Hey where are all of my "elliott wave buddies" that had bullish wave counts?

Get ready for wave 5 DOWN of wave 3 then correction and further DOWN on M15 chart:
Attached Image (click to enlarge)
Click to Enlarge Name: EU3rdwave.png Size: 22 KB
  • #680,411
  • Aug 15, 2012 9:13am Aug 15, 2012 9:13am
Quoting sum_1
picky2004... here's the indicator.
What is it for ?
  • #680,412
  • Aug 15, 2012 9:14am Aug 15, 2012 9:14am
...
Attached Image (click to enlarge)
Click to Enlarge Name: euh1.jpg Size: 225 KB
  • #680,413
  • Aug 15, 2012 9:15am Aug 15, 2012 9:15am
Quoting KumoDragon
Why should a kid go into debt for outlandish sums the schools are charging only to come out and probably not even get a job for their degree?

Damn I could have started when I was in my twenties. would have given me plenty of trading experience before I was a bit older and had real money to start an account.
There is a series on youtube about rookie traders in london who compete between them to earn as much as they can - Biggest failure was IT IBM guy with his great degree, two of the best were ex soldier and single mum with two kids at home. Probably because they are both disciplined and don't try to understand irrational market - Degree got nothing to do with your future it has social status implications, nothing more. I don't have degree and I am doing fine.
swing it!
  • #680,414
  • Aug 15, 2012 9:15am Aug 15, 2012 9:15am
we are staring at 40. may be not today but tomorrow
  • #680,415
  • Aug 15, 2012 9:16am Aug 15, 2012 9:16am
Quoting Nachiket
we are staring at 40. may be not today but tomorrow
expect nasdaq and s&p to give it all gains. bullshit rally for so many days.
  • #680,416
  • Aug 15, 2012 9:20am Aug 15, 2012 9:20am
Quoting tomspin
There is a series on youtube about rookie traders in london who compete between them to earn as much as they can - Biggest failure was IT IBM guy with his great degree, two of the best were ex soldier and single mum with two kids at home. Probably because they are both disciplined and don't try to understand irrational market - Degree got nothing to do with your future it has social status implications, nothing more. I don't have degree and I am doing fine.
I agree.. I got one and it's not helping. The ONLY "thing" a degree gives you is getting used to being rigorous and take things to completion.. It does help but it doesn't negate these to people without one.
  • #680,417
  • Aug 15, 2012 9:21am Aug 15, 2012 9:21am
Quoting SunTrader
Hey where are all of my "elliott wave buddies"....
Hey Sun!

I'm still here and ejoy to study from you (EW). I'm glad to see you after long time. How are you?
  • #680,418
  • Aug 15, 2012 9:22am Aug 15, 2012 9:22am
Quoting 5percent
What is it for ?
volume.
  • #680,419
  • Aug 15, 2012 9:23am Aug 15, 2012 9:23am
double top formed in 5min tf with a target of 1.2244 and sl 1.2296.
I am short @67 and also long for a small scolp of 5-10 pips in order to take advantage of the bullish divergence in 15 min tf., but the main target IMO is 1.224
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2.gif Size: 24 KB
Click to Enlarge Name: divergence 15 min.gif Size: 24 KB
  • #680,420
  • Aug 15, 2012 9:25am Aug 15, 2012 9:25am
Oh boy, correlations are so bad. No trades yesterday and today. Today there was just one trade to be done and missed that. Some really wanted to sell it down to 4hr lower support.

Now if 40 does not hold as support, may see yet another 80 pips targeting 1.2166.
They think they are smarter than I am.
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