yet another freaky friday
- #699,383
- Sep 27, 2012 10:54pm Sep 27, 2012 10:54pm
- | Joined Mar 2011 | Status: I have a member | 674 Posts
"The wheel in the sky keeps on turning............."
. You know I drew almost exactly the same pic a couple of weeks a go and was wondering what the f*ck it means. Now i know
This geometrical (Gann) stuff is powerful. Has been an eye opener. I especially like Matei's pics and 3d view on charts.Edit: If someone else is interested, go check http://www.forexfactory.com/showthread.php?t=72196
- #699,385
- Sep 27, 2012 11:19pm Sep 27, 2012 11:19pm
- Joined Jul 2007 | Status: Trader | 17,796 Posts
COT: The precious data ignored
- #699,386
- Sep 27, 2012 11:28pm Sep 27, 2012 11:28pm
It's freaky Friday. How many blew up account before becoming successful trader?
I heard some newbies have bought yesterday. Have a day.
But i also heard that some FF pros made a really smart move and sold around 1.2850.
- #699,387
- Sep 27, 2012 11:36pm Sep 27, 2012 11:36pm
- | Membership Revoked | Joined Jul 2012 | 4,197 Posts
Yes stupid newbies... some of them acctualy bought at 1.2835, cccc...
But i also heard that some FF pros made a really smart move and sold around 1.2850.
"It's the Margin, Stupid."
- #699,389
- Sep 27, 2012 11:41pm Sep 27, 2012 11:41pm
- Joined Jul 2007 | Status: Trader | 17,796 Posts
Yes stupid newbies... some of them acctualy bought at 1.2835, cccc...
But i also heard that some FF pros made a really smart move and sold around 1.2850.
COT: The precious data ignored
- #699,392
- Sep 27, 2012 11:46pm Sep 27, 2012 11:46pm
Attached below is the daily EUR chart with a 21-day EMA as of now.
Current price is above the opening price and which is a good thing for the bulls as usually if today is a one way move, it should not go below away from the opening price at 1.2913.
The path of least resistance is up for now and the last line of defense I will be using the 21day EMA at 1.2863.
If the bull fails today, bulls will be running for the exit and ytd low at 1.2829 will be a magnet for stops gunning.
Current price is above the opening price and which is a good thing for the bulls as usually if today is a one way move, it should not go below away from the opening price at 1.2913.
The path of least resistance is up for now and the last line of defense I will be using the 21day EMA at 1.2863.
If the bull fails today, bulls will be running for the exit and ytd low at 1.2829 will be a magnet for stops gunning.
- #699,396
- Sep 28, 2012 12:07am Sep 28, 2012 12:07am
- Joined Dec 2011 | Status: Trader | 4,013 Posts
end of week, month, quarter....up or down
another friday full of swings
another friday full of swings 
- #699,398
- Sep 28, 2012 12:10am Sep 28, 2012 12:10am
- | Additional Username | Joined Aug 2010 | 1,745 Posts
