DislikedGood article, a bit scary that they want to replace the mining boom with a housing boom... I think the US might have tried that once upon a time.... hmmm.Ignored
- #63,802
- Dec 19, 2012 9:37am Dec 19, 2012 9:37am
- Joined Jan 2007 | Status: Trader | 11,838 Posts
That Lower High at the 3300 level with bearish divergence on the 5m / 15m charts was an obvious sell and now, as earlier, price has pulled back to previous highs - this time the overnight / Asian ones ~the 3250 level and I closed that short and have finished for the day - another nice one for us intra-day traders....
Trading Levels with WRBs
- #63,803
- Dec 19, 2012 10:17am Dec 19, 2012 10:17am
- | Commercial User | Joined Nov 2012 | 3,178 Posts
Trade smaller than rational because the market is irrational...
- #63,806
- Dec 19, 2012 12:51pm Dec 19, 2012 12:51pm
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
scalping is much more fun than being biased
However, I am still biased and that's not going to change. I just know that there is no room for bias in the M15 chart, so I reserve it for the daily charts instead
Those who say it cannot be done should not interrupt those who are doing it
- #63,807
- Dec 19, 2012 1:04pm Dec 19, 2012 1:04pm
- | Joined Jun 2009 | Status: nothing new under the sun | 1,428 Posts
Agreed. I've had way much more fun scalping 20 to 50 pips a day both ways on E/U, G/U and A/U
However, I am still biased and that's not going to change. I just know that there is no room for bias in the M15 chart, so I reserve it for the daily charts instead
Allah has permitted trade and has forbidden interest [koran]
- #63,808
- Dec 19, 2012 1:22pm Dec 19, 2012 1:22pm
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
i finally manage to squeeze 1%out of my shorts.
Those who say it cannot be done should not interrupt those who are doing it
- #63,809
- Dec 19, 2012 3:14pm Dec 19, 2012 3:14pm
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Daily candle not looking good for bulls. Targeting retest of 1.3186 / 1.3143 with bull/bear line in the sand at 1.3120
Those who say it cannot be done should not interrupt those who are doing it
- #63,810
- Dec 19, 2012 3:24pm Dec 19, 2012 3:24pm
- | Commercial User | Joined Nov 2012 | 3,178 Posts
Trade smaller than rational because the market is irrational...
- #63,811
- Dec 19, 2012 3:59pm Dec 19, 2012 3:59pm
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Maybe that is the pin to let some air out of this bubble...
Love your sense of humor Those who say it cannot be done should not interrupt those who are doing it
- #63,812
- Dec 19, 2012 4:05pm Dec 19, 2012 4:05pm
- | Commercial User | Joined Nov 2012 | 3,178 Posts
One of my 3 emotions that mimic the market Up, down, sideways = happy, sad, bored *** depending on bias. Who says life imitates the market?
Its only money....
Trade smaller than rational because the market is irrational...
- #63,814
- Dec 19, 2012 4:09pm Dec 19, 2012 4:09pm
- | Joined Jun 2009 | Status: nothing new under the sun | 1,428 Posts
Excellent news
A nation does not prosper itself;
If its people have enough,it is prosperous.
Rulers are not powerful themselves;
When they have many knights they are strong.
So when those full of envy are in office,
Knights retire to private life,
And rulers just bleed them with taxes.
When bureaucrats advance,people get hurt.
And then the nation is wounded.
When force brings loss of freedom,
A little flexibilty can overcome a great power.
When there is stasis in in formation,
Even the mighty and ferocious
Cannot conquer the small but secure.
Thus a man-eating tiger cannot swallow a single porcupine,
But a goat leash may be used to harness nine gelded bulls.
There are impasses and successes
As a matter of course:
One cannot prevail just by wits.
Fame may be gained or lost,
And cannot be achieved by force.
So even if you have no worldly ambitions,
You won't necessarily escape slander.
Even if u seek nothing from others,
Your advice won't necessarily be put into effect.
Those who save the world from chaos
Are not occupied with petty matters;
Those who accomplish the ongoing evolution of the world
Are not conceited over small accomplishments.
So that which cuts rotting flesh
Is not to be considered a sharp sword,
And that which penetrates a naked body
Is not to be considered a good bow.
regards
Allah has permitted trade and has forbidden interest [koran]
- #63,816
- Dec 19, 2012 4:48pm Dec 19, 2012 4:48pm
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
how is ur horse doing,did u manage to release it or not,its look like 1.3300 is the top,i feel like probably price may try to go to that level one more time before the year end.regards by the way i am sorry ur 5 months of battle with the market was such a disappointment,i dont know how u deal with that mentally,wonder what is ur stance/mental framework.regards anyway here is poem for u written by liu je 1360 AD
A nation does not prosper itself;
If its people have enough,it is prosperous.
[color=#000080]Rulers are not...
I untied the horse's tail and he is now free to run downhill
There he goes.
Wheeeeeee
Inserted Video
Those who say it cannot be done should not interrupt those who are doing it
- #63,817
- Dec 19, 2012 4:50pm Dec 19, 2012 4:50pm
- Joined Jan 2011 | Status: Trader | 2,680 Posts
Thanks Doc.
I untied the horse's tail and he is now free to run downhill
There he goes.
Wheeeeeee
http://www.youtube.com/watch?v=H8ZDV3fvaXM
AVT INVENIAM VIAM AVT FACIAM
- #63,818
- Dec 19, 2012 4:51pm Dec 19, 2012 4:51pm
- Joined Apr 2007 | Status: Trader | 1,522 Posts
Thanks Doc.
I untied the horse's tail and he is now free to run downhill
There he goes.
Wheeeeeee
http://www.youtube.com/watch?v=H8ZDV3fvaXM
Did your long just got stopped out?
- #63,819
- Dec 19, 2012 4:54pm Dec 19, 2012 4:54pm
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Did your long just got stopped out?
Those who say it cannot be done should not interrupt those who are doing it
- #63,820
- Dec 19, 2012 4:55pm Dec 19, 2012 4:55pm
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Those who say it cannot be done should not interrupt those who are doing it