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  • #33,481
  • Sep 23, 2012 10:26am Sep 23, 2012 10:26am
........I'm stuck on those shorts and I have move the mental stop on them a few times now, but if it doesn't cross that yellow trend line like buther today, I may reconsider or go short the usd/chf, this last being my favour......
The Chonchy
  • #33,482
  • Sep 23, 2012 10:31am Sep 23, 2012 10:31am
Quoting pkimnyc
may take some time. but there's some fishy area around 2600 level.
well yeah that is a big suport there, the red doted line.........

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The Chonchy
  • #33,483
  • Sep 23, 2012 10:31am Sep 23, 2012 10:31am
Quoting chonchy
........I'm stuck on those shorts and I have move the mental stop on them a few times now, but if it doesn't cross that yellow trend line like buther today, I may reconsider or go short the usd/chf, this last being my favour......
don't rely on trend lines too much.
  • #33,484
  • Sep 23, 2012 10:46am Sep 23, 2012 10:46am
Quoting chonchy
........Is just like you said the other day Jay, is no time to be in the markets, but I asume you are lock in profits on those longs and that is why you are in, but if I was out, I realy don't have a direction for sure, I can only speculate now.....but is no clear direction here me think.......it could go eather way, short term, long term I know is going to go up a bit more before falling big time again........we will see soon enough how she will roll, like turtle used to say.......
True, if I was out, I'd be sitting and waiting.

And trading a daily chart, it can be a long time waiting.

Still, there should be some opportunities on the hourly. If not later today, maybe tomorrow.
Not all sins are created equal
  • #33,485
  • Sep 23, 2012 10:47am Sep 23, 2012 10:47am
Quoting pkimnyc
don't rely on trend lines too much.
I'd incline to agree as in "don't rely in what was but rely on what is".

But I'd like your insight on the why of it
Not all sins are created equal
  • #33,486
  • Sep 23, 2012 10:57am Sep 23, 2012 10:57am
Hi everyone

Gambate ne yo ~ !
If there was easy money lying around,no one would be forcing it into your
  • #33,487
  • Sep 23, 2012 11:02am Sep 23, 2012 11:02am
Quoting FXMindset
Hi everyone

Gambate ne yo ~ !
Ganbaro!
Not all sins are created equal
  • #33,488
  • Sep 23, 2012 11:06am Sep 23, 2012 11:06am
Quoting Jay Walker
Ganbaro!
Tony Shark
If there was easy money lying around,no one would be forcing it into your
  • #33,489
  • Sep 23, 2012 11:09am Sep 23, 2012 11:09am
Quoting Jay Walker
I'd incline to agree as in "don't rely in what was but rely on what is".

But I'd like your insight on the why of it
if the market moves in linier form, then it works. it often does not. many people get confused when there's shift of momentum going on. thinking that the price broke the tl, then goes right through the tl that once believed to be broken.
  • #33,490
  • Sep 23, 2012 11:15am Sep 23, 2012 11:15am
http://www.reuters.com/article/2012/...88M0BH20120923

http://www.bloomberg.com/news/2012-0...bt-crisis.html
  • #33,491
  • Sep 23, 2012 11:16am Sep 23, 2012 11:16am
Quoting chonchy
Nice videos Ing, thanks........All central bankers there ah, what a show of power with my tax dollars, but there is not one ship from Rockefeller or Rothshild ah........all are paid for the people of the United States and the European Comunity, have they ask the people that are dying of hungrines if this show of force is necesary? at the cost of the tax payers.......
shit show propoganda moves
  • #33,492
  • Sep 23, 2012 11:16am Sep 23, 2012 11:16am
am agreed for not relying to much on TL bro,
but before till now am still a bit confused bout sometimes how the price tested every TL perfectly...if we talk bout logically in life or price...for me it doesnt make sense at all...or its thing that called life is connected one and each other ? cause effect laws ?

Btw Sir JW,heard that our world will be blackout for 3 days starting 23 december 2012....

I love Ironman 1 but not Ironman 2
I am more love Dark Knight Rises
If there was easy money lying around,no one would be forcing it into your
  • #33,493
  • Sep 23, 2012 11:22am Sep 23, 2012 11:22am
ex: as you can see, it took them 3 tries to get the right tl.

early 2011, a lot of people missed 2,000 pips move to the upside.
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  • #33,494
  • Sep 23, 2012 11:28am Sep 23, 2012 11:28am
last chart was cut off.
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  • #33,495
  • Sep 23, 2012 12:21pm Sep 23, 2012 12:21pm
Quoting FXMindset
Btw Sir JW,heard that our world will be blackout for 3 days starting 23 december 2012....

I love Ironman 1 but not Ironman 2
I am more love Dark Knight Rises
I'm still adding to my list of doomsday believers. If I have their phone numbers, they can expect a wake up call from me the day after to tell them they were wrong and if they would like to be right, hara kiri is the only solution.

Dark Knight was too long.

Both Iron Man left me wanting for more. Avengers too.

Who's coming to eat a shawarma with me?
Not all sins are created equal
  • #33,496
  • Sep 23, 2012 1:58pm Sep 23, 2012 1:58pm
hi everyone, heres to a good trading week.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #33,497
  • Sep 23, 2012 2:05pm Sep 23, 2012 2:05pm
Quoting billytt
hi everyone, heres to a good trading week.
Not all sins are created equal
  • #33,498
  • Sep 23, 2012 2:50pm Sep 23, 2012 2:50pm
Seeing more correction so far this week on 1 important note the wildcard spain.

So far the fed is printing ecb not yet if spain request the bailout i see a spike in risk and markets will revisit highs right away. So that would be imo a important thing to watch if ya watching the headlines a bit. Latest chatter is that the esm wants to leverage up the bailout fund to 2 trillion but not confirmed so watch spain here for the rest pulllback contineus imo. Happy pipping
  • #33,499
  • Sep 23, 2012 3:13pm Sep 23, 2012 3:13pm
Quoting chonchy
well yeah that is a big suport there, the red doted line.........

Attachment
chonchy are you ever going to get out of those shorts..price doesn't want to drop down...a time game maybe...
  • #33,500
  • Sep 23, 2012 4:18pm Sep 23, 2012 4:18pm
hi buddy, hope your ok. i am just off to bed. i have set some triggers on e/u g/u and usa oil and thats about it. take care and i'll be back in a fe hours.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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