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  • #696,301
  • Sep 21, 2012 1:24pm Sep 21, 2012 1:24pm
Quoting notoriouskfb
hey guys

does anyone else think this last week might've been a bull flag?
it could have been... but looking at today's action, bulls got rejected hard. i would expect continuation to south.

daily isn't interested in going north yet.
  • #696,302
  • Sep 21, 2012 1:24pm Sep 21, 2012 1:24pm
Here comes the break ..... Here comes the break ..... Here comes the break ..... Here comes the break ..... Here comes the break ..... Here comes the break ..... Here comes the break ..... Here comes the break ..... Here comes the break ..... Here comes the break .....
Here comes the break ..... Here comes the break ..... Here comes the break ..... Here comes the break ..... .............. This is 50% of the reason we incur huge losses.



By the way, I think it broke 1.3000 once again, here comes the break, sit tight.
The Thief of Wall Street
  • #696,303
  • Sep 21, 2012 1:26pm Sep 21, 2012 1:26pm
Quoting Chicky
Here comes the break ..... Here comes the break ..... Here comes the break ..... Here comes the break ..... Here comes the break ..... Here comes the break ..... Here comes the break ..... Here comes the break ..... Here comes the break ..... Here comes the break .....
Here comes the break ..... Here comes the break ..... Here comes the break ..... Here comes the break ..... .............. This is 50% of the reason we incur huge losses.



By the way, I think it broke 1.3000 once again, here comes the break, sit tight.

I hope you mean the break lower, and price retracts to 1.2920
  • #696,304
  • Sep 21, 2012 1:27pm Sep 21, 2012 1:27pm
yeah....so far the weekly poc has rejected price, so I'm not married to my positions..... ; )
  • #696,305
  • Sep 21, 2012 1:27pm Sep 21, 2012 1:27pm
Quoting Chicky
Here comes the break ..... Here comes the break ..... Here comes the break ..... Here comes the break ..... Here comes the break ..... Here comes the break ..... Here comes the break ..... Here comes the break ..... Here comes the break ..... Here comes the break .....
Here comes the break ..... Here comes the break ..... Here comes the break ..... Here comes the break ..... .............. This is 50% of the reason we incur huge losses.



By the way, I think it broke 1.3000 once again, here comes the break, sit tight.
yep, bottom heavy. downside break is more likely.
  • #696,306
  • Sep 21, 2012 1:31pm Sep 21, 2012 1:31pm
Quoting leveraged
I hope you mean the break lower, and price retracts to 1.2920
Doesn't matter. By the end of the week (almost there) it will finish the race in twilight zone near 1.3000, providing all of us some work to do over the weekend on our charts.......................
The Thief of Wall Street
  • #696,307
  • Sep 21, 2012 1:31pm Sep 21, 2012 1:31pm
BO or FO?

Or MOFO
Attached Image (click to enlarge)
Click to Enlarge Name: eu2109122.gif Size: 34 KB
  • #696,308
  • Sep 21, 2012 1:32pm Sep 21, 2012 1:32pm
Quoting pkimnyc
yep, bottom heavy. downside break is more likely.
I would love to see a weekly close below 1.2920 but I think that's a pipe dream now.
Those who say it cannot be done should not interrupt those who are doing it
  • #696,309
  • Sep 21, 2012 1:34pm Sep 21, 2012 1:34pm
Coming pretty close to my post 500 here.
  • #696,310
  • Sep 21, 2012 1:34pm Sep 21, 2012 1:34pm
Even closer......
  • #696,311
  • Sep 21, 2012 1:34pm Sep 21, 2012 1:34pm
Quoting divak
ok, i just want to understand where u think it will finally go
i guess i can answer your question now.

there were 2 attempts today taking the price higher. both failed miserably. that, to me, is an indication market isn't interested in higher price, hence south journey is probable. first downside target should be around 2800 if the bottom gives.
  • #696,312
  • Sep 21, 2012 1:35pm Sep 21, 2012 1:35pm
  • #696,313
  • Sep 21, 2012 1:35pm Sep 21, 2012 1:35pm
Quoting PipTrapper
I would love to see a weekly close below 1.2920 but I think that's a pipe dream now.
i'm thinking a lot lower actually.
  • #696,314
  • Sep 21, 2012 1:36pm Sep 21, 2012 1:36pm
I'm going short here for a gap down on sun night
  • #696,315
  • Sep 21, 2012 1:37pm Sep 21, 2012 1:37pm
Quoting PipTrapper
I would love to see a weekly close below 1.2920 but I think that's a pipe dream now.

Only way for it to reach +80 pips lower is if Draghi or Bernanke starts talking on TV or something to that effect. Even with that still maybe not 80 pips. In other words you are exactly right "pipe dream"
  • #696,316
  • Sep 21, 2012 1:41pm Sep 21, 2012 1:41pm
Quoting leveraged
Only way for it to reach +80 pips lower is if Draghi or Bernanke starts talking on TV or something to that effect. Even with that still maybe not 80 pips. In other words you are exactly right "pipe dream"
doesn't have to happen today.
  • #696,317
  • Sep 21, 2012 1:43pm Sep 21, 2012 1:43pm
Quoting leveraged
Only way for it to reach +80 pips lower is if Draghi or Bernanke starts talking on TV or something to that effect. Even with that still maybe not 80 pips. In other words you are exactly right "pipe dream"
Only if the big players are still around...
  • #696,318
  • Sep 21, 2012 1:43pm Sep 21, 2012 1:43pm
Quoting pkimnyc
i'm thinking a lot lower actually.
like mabe those fibs in the ~2720 area to start?
  • #696,319
  • Sep 21, 2012 1:45pm Sep 21, 2012 1:45pm
Quoting notoriouskfb
like mabe those fibs in the ~2720 area to start?
2800 first then lower.
  • #696,320
  • Sep 21, 2012 1:52pm Sep 21, 2012 1:52pm
Quoting PipTrapper
I would love to see a weekly close below 1.2920 but I think that's a pipe dream now.
"pip dream" not pipe dream
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