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  • #681,481
  • Aug 17, 2012 10:24am Aug 17, 2012 10:24am
what ??? cowboys don't have short to windup ?
Mohan
  • #681,482
  • Aug 17, 2012 10:25am Aug 17, 2012 10:25am
Quoting mohan76
what ??? cowboys don't have short to windup ?
cowboys can't trade for shit.. this might be all today..
  • #681,483
  • Aug 17, 2012 10:28am Aug 17, 2012 10:28am
Quoting attila
2304.4.. why I like fractions in situations like these..
what timeframe do you use to see and consider fractions?
  • #681,484
  • Aug 17, 2012 10:28am Aug 17, 2012 10:28am
Quoting attila
Have to check the fridge.. I have the unsettling feeling it's kinda empty, as I'm ready to skip town soon.. lol.
LOL.

Time for bed for me...........

Inserted Video
"Men who can both be right and sit tight are uncommon."
  • #681,485
  • Aug 17, 2012 10:29am Aug 17, 2012 10:29am
Quoting Nachiket
and be careful not to abuse traders here. this time i will get a senior trader to ban you forever.
Let me take you down, cos I'm going to Strawberry Fields
Nothing is real and nothing to get hung about
Strawberry Fields forever

Living is easy with eyes closed
Misunderstanding all you see
It's getting hard to be someone but it all works out
It doesn't matter much to me
Let me take you down, cos I'm going to Strawberry Fields
Nothing is real and nothing to get hung about
Strawberry Fields forever

No one I think is in my tree
I mean it must be high or low
That is you can't you know tune in but it's all right
That is I think it's not too bad
Let me take you down, cos I'm going to Strawberry Fields
Nothing is real and nothing to get hung about
Strawberry Fields forever

Always, no sometimes, think it's me
But you know I know when it's a dream
I think I know I mean a Yes but it's all wrong
That is I think I disagree
Let me take you down, cos I'm going to Strawberry Fields
Nothing is real and nothing to get hung about
Strawberry Fields forever
Strawberry Fields forever
Strawberry Fields forever
  • #681,486
  • Aug 17, 2012 10:30am Aug 17, 2012 10:30am
Quoting ptetech
what timeframe do you use to see and consider fractions?
This one is H1 so I'm watching what that candle is doing around it.. Will it close above/below? It's important because above and it might start going up, below opens 2259 on h4.. H4 will get to 2259 sooner or later.. but h1 2304.4 could make it bounce and ruin the shorts..

lse also closed so it might go aimlessly till the end of the session..
  • #681,487
  • Aug 17, 2012 10:36am Aug 17, 2012 10:36am
Quoting meromar

Living is easy with eyes closed
Juicy...
"Men who can both be right and sit tight are uncommon."
  • #681,488
  • Aug 17, 2012 10:36am Aug 17, 2012 10:36am
this could be a little fake up, unless mohan is right and they're unloading..
  • #681,489
  • Aug 17, 2012 10:44am Aug 17, 2012 10:44am
Hmmm any ideas if this would go up? I have seen few similiar scenarios today...up and down and up and down...
  • #681,490
  • Aug 17, 2012 10:46am Aug 17, 2012 10:46am
I don't like longs here.. I'll just skip it..
  • #681,491
  • Aug 17, 2012 10:47am Aug 17, 2012 10:47am
Quoting KumoDragon
Maybe, watch for consolodation at the trendline. Be careful though this trendline has been hit many times. A break of it could be a good thrust short.

Fridays is the #1 profit taking/stop hunting day. So, price could very well thrust through that trend line and keep going south as traders take profit and stops are tripped.
sometimes u dont gotta wait sl set to be free trade up to 2400?
  • #681,492
  • Aug 17, 2012 10:47am Aug 17, 2012 10:47am
Quoting divak
i think we need a small rebound to 1.2315/20 area before going lower.

any other view?
as i said before, i believe it's a little rebound, coz the fall from 70 has been quite sharp
but i hope to see 1.2280 in 2h or so...
the "shape" of 1h chart makes me feel bearish still...

let's see then
  • #681,493
  • Aug 17, 2012 10:48am Aug 17, 2012 10:48am
Quoting mohan76
what ??? cowboys don't have short to windup ?
Hi mohan,

First I thank you for vouched me...
I saw here about your Aud long position. I think you entered little bit early for long...
Here I have attached a chart with my analysis.here the target of 161.8 was achieved in the 5 th wave for the wave1.Here we can expect some ABC correction once the wave 5 has been completed before further down.Plan your position accordingly.I think this chart will help you some..
Attached Image (click to enlarge)
Click to Enlarge Name: aa.gif Size: 12 KB
Read the chart... Fundies are catalyst...
  • #681,494
  • Aug 17, 2012 10:49am Aug 17, 2012 10:49am
Quoting attila
this could be a little fake up, unless mohan is right and they're unloading..
Now cow bouys should do they best to take DAX stops above 7050 or below 6980 (very hard) , but this dax move should not affect EU
Mohan
  • #681,495
  • Aug 17, 2012 10:51am Aug 17, 2012 10:51am
Quoting mohan76
Now cow bouys should do they best to take DAX stops above 7050 or below 6980 (very hard) , but this dax move should not affect EU
sp's been trying to break 1413 for a day now, and no dice.. They might sneak out in thin volume, I don't know but I doubt..

I have the feeling they've been selling longs into the herd all this time, and they'll tank them next week..and while the herd will bail selling their longs from the top, they'll be buying making the yuro go up.. Speculation... Truth, I don't know..
  • #681,496
  • Aug 17, 2012 10:54am Aug 17, 2012 10:54am
Quoting attila
sp's been trying to break 1413 for a day now, and no dice.. They might sneak out in thin volume, I don't know but I doubt..

I have the feeling they've been selling longs into the herd all this time, and they'll tank them next week..
i agree...they are selling into the rally.. es breaking out of the bullish penant
  • #681,497
  • Aug 17, 2012 10:54am Aug 17, 2012 10:54am
Quoting satheesh
Hi mohan,

First I thank you for vouched me...
I saw here about your Aud long position. I think you entered little bit early for long...
Here I have attached a chart with my analysis.here the target of 161.8 was achieved in the 5 th wave for the wave1.Here we can expect some ABC correction once the wave 5 has been completed before further down.Plan your position accordingly.I think this chart will help you some..
thanks sathees , i will close it end of the day , i had 36 as mayor support and expected to bounced to 7xx, i might retake trade on Monday ,
Mohan
  • #681,498
  • Aug 17, 2012 10:57am Aug 17, 2012 10:57am
Quoting mohan76
thanks sathees , i will close it end of the day , i had 36 as mayor support and expected to bounced to 7xx, i might retake trade on Monday ,
Yes that is nice to long after the end of the 5th wave...
Have a great week end mate..
Read the chart... Fundies are catalyst...
  • #681,499
  • Aug 17, 2012 10:57am Aug 17, 2012 10:57am
Quoting SnaveForex
i agree...they are selling into the rally.. es breaking out of the bullish penant
Something's not right between the cripple and the indices..
  • #681,500
  • Aug 17, 2012 10:57am Aug 17, 2012 10:57am
Quoting attila
sp's been trying to break 1413 for a day now, and no dice.. They might sneak out in thin volume, I don't know but I doubt..

I have the feeling they've been selling longs into the herd all this time, and they'll tank them next week..and while the herd will bail selling their longs from the top, they'll be buying making the yuro go up.. Speculation... Truth, I don't know..
they might , usually market big sellers always try to push high on thin liquidity and sell on liquidity time until they sell enough @ high price,
Mohan
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