69
- #63,862
- Dec 20, 2012 4:17am Dec 20, 2012 4:17am
- 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
- #63,863
- Dec 20, 2012 4:19am Dec 20, 2012 4:19am
- Joined May 2010 | Status: Simple chart is the best... | 2,014 Posts
No. I didn't jump in this time. If we make it past 61.8 fibo at the close of the hour, I'll look for a place to enter. Till then, biting my fingernails
It looks like some pips can be made on SHORT trade,,, if only news will help in an hour
Read Charts - Not Papers
- #63,865
- Dec 20, 2012 4:24am Dec 20, 2012 4:24am
Yes it did crash through the uptrend line but today it moved back above it, so that invalidates it. We're still in an uptrend until we clear that trend line again and as I said yesterday, the bull/bear line in the sand is 1.3120
I'll tell you why its valid...I have a large buy place at 61.8...hooking you guys all up with a big barrier. Should continue down now.
- #63,867
- Dec 20, 2012 4:29am Dec 20, 2012 4:29am
- 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
- #63,868
- Dec 20, 2012 4:31am Dec 20, 2012 4:31am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
for what its worth, my direction changed from up to down this morning with the 00:00 (Sydney time) hour candle closing below 1.3225. Close above 1.3267 will mark resumption of up move.
Those who say it cannot be done should not interrupt those who are doing it
- #63,870
- Dec 20, 2012 4:36am Dec 20, 2012 4:36am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
ah, not always an invalidation...its actually showing a decent resistance line right now along with the 61.8
I'll tell you why its valid...I have a large buy place at 61.8...hooking you guys all up with a big barrier. Should continue down now.
E/U H1:
Those who say it cannot be done should not interrupt those who are doing it
- #63,871
- Dec 20, 2012 4:36am Dec 20, 2012 4:36am
- Joined May 2010 | Status: Trader | 2,004 Posts
PT, where would your short entry level be if you weren't in already, mm?
69
- #63,872
- Dec 20, 2012 4:38am Dec 20, 2012 4:38am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
yep. call draghi again?
http://images.businessweek.com/ss/08...ria_thomas.jpg
Those who say it cannot be done should not interrupt those who are doing it
- #63,873
- Dec 20, 2012 4:41am Dec 20, 2012 4:41am
- | Joined Dec 2011 | Status: Trader | 1,581 Posts
Any prices quoted are futures
- #63,874
- Dec 20, 2012 4:42am Dec 20, 2012 4:42am
- | Joined Dec 2011 | Status: Trader | 1,581 Posts
Any prices quoted are futures
- #63,875
- Dec 20, 2012 4:42am Dec 20, 2012 4:42am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
PT, where would your short entry level be if you weren't in already, mm?
So in this case, potential selling is at 1.3262 or 1.3282 provided that I get a confirming candlestick (PA)
Those who say it cannot be done should not interrupt those who are doing it
- #63,876
- Dec 20, 2012 4:43am Dec 20, 2012 4:43am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
oh my lord. is that his wife?
Those who say it cannot be done should not interrupt those who are doing it
- #63,878
- Dec 20, 2012 4:51am Dec 20, 2012 4:51am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
yours is more accurate! My buy is a hedge play, scalp with a 30 minute intervals, place on Fib lines on retraces, SL not far below...I'm probably more bear bias than anyone...weekly that is...anything can happen M1-H1.
I have held shorts and buys for months and turned them around for green pips.
After learning the hard way, I have applied 2 basic rules...of many of course
1.Never put your acct in postion that can make you panic!!!
2.Always apply patience when most needed!!!
saved my positions soooooo many times...
Those who say it cannot be done should not interrupt those who are doing it
- #63,879
- Dec 20, 2012 4:53am Dec 20, 2012 4:53am
- 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