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  • #692,201
  • Sep 14, 2012 1:04am Sep 14, 2012 1:04am
Quoting Nachiket
and what abt your gold shorts. yesterday when i told you don't touch gold u were making fun of me.
what are you talking about??

1) i don't make fun of anyone

2) i'm 3x leverage long silver (from $26.75) i made almost 20% yesterday... why would i think gold is going down

perhaps you have me mistaken with someone else..
Be hopeful in a winning position, and fearful in a losing position.
  • #692,202
  • Sep 14, 2012 1:05am Sep 14, 2012 1:05am
Quoting bouble
now bottom?
Or will have a head?
  • #692,203
  • Sep 14, 2012 1:06am Sep 14, 2012 1:06am
Well guess I was spot on to buy the Yen at the low. Working in my favor so far.
  • #692,204
  • Sep 14, 2012 1:12am Sep 14, 2012 1:12am
Quoting bouble
Or will have a head?
Sorry I am not sure what you mean.

I had a look at 15 and 10m, but I think it is clearer on 5.

Target is projected from the neckline downwards normally, unless it fails which then becomes a stronger pattern (trapped bears in this case).
"Men who can both be right and sit tight are uncommon."
  • #692,205
  • Sep 14, 2012 1:17am Sep 14, 2012 1:17am
Seems those deep pocket bulls have not intention in taking any profit YET.

Do they know something I do not?
"Men who can both be right and sit tight are uncommon."
  • #692,206
  • Sep 14, 2012 1:20am Sep 14, 2012 1:20am
Quoting Mike8
Seems those deep pocket bulls have not intention in taking any profit YET.

Do they know something I do not?
QE to infinity (open ended 40b monthly mbs purchased + operation twist extension + rates low until at least 2015... until feds unknown mandate is reached, probably never )
Be hopeful in a winning position, and fearful in a losing position.
  • #692,207
  • Sep 14, 2012 1:22am Sep 14, 2012 1:22am
Quoting Mike8
Seems those deep pocket bulls have not intention in taking any profit YET.

Do they know something I do not?

this is just low volume eating though bids around 1.3020 then you will get heavier bids around 1.30

but this is also about physcology here - bulls don't won't to cash out yet, they can't believe the move up has finished so are hanging in, big volume won't enter new longs here because of the move it has already made so we wait..... until some profit taking starts, then you get some new shorts then maybe a few stops and then you have dropped 50 pips maybe.....
then some new long entry can happen with volume and the move up can continue if that is to be.
  • #692,208
  • Sep 14, 2012 1:22am Sep 14, 2012 1:22am
Hope all is well in bias trading land. Hope we can have a action packed friday.
He who guess is LOST!
  • #692,209
  • Sep 14, 2012 1:26am Sep 14, 2012 1:26am
Quoting MaxDoom
this is just low volume eating though bids around 1.3020 then you will get heavier bids around 1.30

but this is also about physcology here - bulls don't won't to cash out yet, they can't believe the move up has finished so are hanging in, big volume won't enter new longs here because of the move it has already made so we wait..... until some profit taking starts, then you get some new shorts then maybe a few stops and then you have dropped 50 pips maybe.....
then some new long entry can happen with volume and the move up can continue if that...
HUH... What makes you say that? Or is this your way of justifying your position?
He who guess is LOST!
  • #692,210
  • Sep 14, 2012 1:28am Sep 14, 2012 1:28am
Quoting StopGuessing
HUH... What makes you say that? Or is this your way of justifying your position?
I don't think you're in the position to start questioning Max. Just my 2 cents.
Please, just slap me around if I'm being silly ...
  • #692,211
  • Sep 14, 2012 1:31am Sep 14, 2012 1:31am
[quote=StopGuessing;6012090]HUH... What makes you say that? Or is this your way of justifying your position?[/quote]


WTF would you say that?

I don't need to justify my position and any hope you had of get a deeper explanation just went right out the window
  • #692,212
  • Sep 14, 2012 1:31am Sep 14, 2012 1:31am
is London in already? or?
  • #692,213
  • Sep 14, 2012 1:33am Sep 14, 2012 1:33am
Quoting daemon_delux
I don't think you're in the position to start questioning Max. Just my 2 cents.
Who is Maxdoom? A person who uses more words to express his position, then he does actually entering a position. Could be because he is in demo. oR he is looking for some sheep to making commission off of. Yet the reality is if once focus more on their position, They can actually make money in 4x
He who guess is LOST!
  • #692,214
  • Sep 14, 2012 1:33am Sep 14, 2012 1:33am
Quoting StopGuessing
HUH... What makes you say that? Or is this your way of justifying your position?
Don't be such a dick you will get more respect, help from others, learn faster, and make more money.

How you treat people is important and plays a large role in every aspect of life

If you acted more humble and less condescending, you would get more respect.
Be hopeful in a winning position, and fearful in a losing position.
  • #692,215
  • Sep 14, 2012 1:34am Sep 14, 2012 1:34am
Quoting divak
is London in already? or?
We have up coming news. Accumalation before the shake...
He who guess is LOST!
  • #692,216
  • Sep 14, 2012 1:37am Sep 14, 2012 1:37am
Quoting StopGuessing
We have up coming news. Accumalation before the shake...
what shake?
  • #692,217
  • Sep 14, 2012 1:39am Sep 14, 2012 1:39am
Quoting MaxDoom
this is just low volume eating though bids around 1.3020 then you will get heavier bids around 1.30

but this is also about physcology here - bulls don't won't to cash out yet, they can't believe the move up has finished so are hanging in, big volume won't enter new longs here because of the move it has already made so we wait..... until some profit taking starts, then you get some new shorts then maybe a few stops and then you have dropped 50 pips maybe.....
then some new long entry can happen with volume and the move up can continue if that...
Clear and crispy.

Technically though I do not see serious resistance until about 3136

I remember that you shorted a scalp @ 61.8 retracement of the small leg not long time ago,(was it yesterday or the day before? I am getting old, better than the alternative tough) which was also a confluence of 38.2 of the middle leg.

Now she is very well above those two levels and closed on the daily.

3136 is the 38.2 of the large leg which is also an intersection of the weekly DTL.

You are right it is very much psychological and TA is clearly pointing it out.
"Men who can both be right and sit tight are uncommon."
  • #692,218
  • Sep 14, 2012 1:40am Sep 14, 2012 1:40am
SL moved to BE at 1.3050, now I hope i dont become a SL magnet for all u guys on short
  • #692,219
  • Sep 14, 2012 1:40am Sep 14, 2012 1:40am
never knew it could be so easy on the small tfs... (scalping)
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Be hopeful in a winning position, and fearful in a losing position.
  • #692,220
  • Sep 14, 2012 1:56am Sep 14, 2012 1:56am
Quoting Rag2RichesFX
never knew it could be so easy on the small tfs... (scalping)
what TF is that?
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