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  • #130,661
  • Feb 15, 2013 3:55am Feb 15, 2013 3:55am
Quoting AllyB
i just dust bins for 12 pips
all roads lead to rome...
  • #130,662
  • Feb 15, 2013 3:55am Feb 15, 2013 3:55am
Quoting PayTheLimit
going to try some sterling longs at 5465, risk 30, try for 5575..
with you on that
looking for investors . pm me
  • #130,663
  • Feb 15, 2013 5:24am Feb 15, 2013 5:24am
[quote=FibbinArchie;6448246]my life really is that boring.

I wouldn't say that I'd say you have a very full and healthy life

Yeah six hrs a day
  • #130,664
  • Feb 15, 2013 5:35am Feb 15, 2013 5:35am
[quote=cohiba pips;6448905]
Quoting FibbinArchie
my life really is that boring.

I wouldn't say that I'd say you have a very full and healthy life

Yeah six hrs a day
lol and twice on sundays!!

cheers james... need to start thinking about getting ready for werk... catch you later...
  • #130,665
  • Feb 15, 2013 5:42am Feb 15, 2013 5:42am
Quoting FibbinArchie
....

btw i'm more than happy to be a 30 pip grabber ... ...
and agree and understand you 100%, for that you don't need anything more than a statistical edge...sadly a tiny minority consistently reach that stage ....

My point on "not getting suck in on the noise" was in general to watch out for those wannabe trading "experts" and broker's trolls that are flooding these boards, that pretend to analyze FA issues in M1 charts with sometimes random comments from a mid level technocrat from a obscure institutions/think thank, at a bizarre time from some broker "twitter account" they don't even know who and what they do and put that in major swings TA, bla bla bla, ......pretending "to grab" one of those 5, 12 or 30 or whatever tickers using this info is just foolish and look stupid to said the least.

In any case, we need NY to break down ...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #130,666
  • Feb 15, 2013 5:54am Feb 15, 2013 5:54am
Quoting sisse
and agree and understand you 100%, for that you don't need anything more than a statistical edge...sadly a tiny minority consistently reach that stage ....

My point on "not getting suck in on the noise" was in general to watch out for those wannabe trading "experts" and broker's trolls that are flooding these boards, that pretend to analyze FA issues in M1 charts with sometimes random comments from a mid level technocrat from a obscure institutions/think thank, at a bizarre time from some broker "twitter account" they don't even know...
While JPY, EUR are in take profit stage.. Im looking for entry in GOLD..
  • #130,667
  • Feb 15, 2013 6:14am Feb 15, 2013 6:14am
Quoting sisse
and agree and understand you 100%, for that you don't need anything more than a statistical edge...sadly a tiny minority consistently reach that stage ....

My point on "not getting suck in on the noise" was in general to watch out for those wannabe trading "experts" and broker's trolls that are flooding these boards, that pretend to analyze FA issues in M1 charts with sometimes random comments from a mid level technocrat from a obscure institutions/think thank, at a bizarre time from some broker "twitter account" they don't even know...
don't be shy ... say what you think
  • #130,668
  • Feb 15, 2013 6:15am Feb 15, 2013 6:15am
Attached Image (click to enlarge)
Click to Enlarge Name: eu_m5.gif Size: 21 KB
  • #130,669
  • Feb 15, 2013 7:19am Feb 15, 2013 7:19am
No agreement or acknowledgement on currency war ...soft and dismissive draft from the G20 (and IMF later) meaning nobody wants to be the sucker to stop devaluing first while the others take advantages .... just a confirmation that we need more blood before worrying about the gangrene they are creating...all Yen targets in the moon wide open, ECB guarantee to be the "sucker" (very healthy mid and long term IMO for the EZ) that cannot print money and artificially devalue the euro......

So expecting confirmation of the technical pullback via equities first and after a one more extended continuation leg up via currencies ...Q4/2013 / Q1 2014 are starting to form a nuclear combinations (inflation, interest rates, and CB in full open currency war) but that's for later...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #130,670
  • Feb 15, 2013 10:24am Feb 15, 2013 10:24am
This is for Kill... I know you are riding this one ...also to Piters (on the conversation about rejection of highs at Gold 169x)

Game, Set and Match with Gold. 159x tested the last open Q outlook instrument from Dec 2012 Clearing final target 1600 before London close. Slow, bumpy and with more patience than usual but it paid off nicely ...

More importantly changing GOLD outlook from last November from Sell to Neutral...

sisse

Quoting sisse
... Important levels/outlooks update

GOLD held 169x confirming final target to 159x but stuck in major chop zone since last year so no break no shake and fading the bottom of the range (157x/159x) have priority Q1/Q2 until further data.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #130,671
  • Feb 15, 2013 6:44pm Feb 15, 2013 6:44pm
each way head fake right off the bat from the london open right up till the ny open... daily candle finished up as one of them doggie thingys...
  • #130,672
  • Edited 11:12pm Feb 15, 2013 10:44pm | Edited 11:12pm
Quoting sisse
This is for Kill... I know you are riding this one ...also to Piters (on the conversation about rejection of highs at Gold 169x)

Game, Set and Match with Gold. 159x tested the last open Q outlook instrument from Dec 2012 Clearing final target 1600 before London close. Slow, bumpy and with more patience than usual but it paid off nicely ...

More importantly changing GOLD outlook from last November from Sell to Neutral...

sisse
GOLD is on very interesting Monthly Level.. 1613.....
I dont like the drop in GOLD driven only by Ben's or anyone verbal statement that US economy recovered.. [Lets wait on few sale reports and official FED's decision to stop printing]..

Looking back, usually we drop only for a new reload level.. However.. we may drop even more from here another $40-50, but in my books 1550 is the real level to watch.. Technically, PA left 1631 level behind, in hurry without confirmation.

So, in Short..

Im looking for next 2 weeks: a monthly close below 1613, or a close above.. We may reverse here, or even from 1550.. [Fib level and an Old Buddy]

We'll see especially with China Markets in FULL power from Monday..



Cheers..
  • #130,673
  • Feb 16, 2013 3:32am Feb 16, 2013 3:32am
Quoting sisse
This is for Kill... I know you are riding this one ...also to Piters (on the conversation about rejection of highs at Gold 169x)

Game, Set and Match with Gold. 159x tested the last open Q outlook instrument from Dec 2012 Clearing final target 1600 before London close. Slow, bumpy and with more patience than usual but it paid off nicely ...

More importantly changing GOLD outlook from last November from Sell to Neutral...

sisse


hey bro was a nice ride the only thing my TP was $7 above the low dam but was a great day week , for now west with tight below the low,

same levels here ,

man the es is stuck we need a break above or below 1500's, lets see

rest walking the dog till we break

thanks for the great info
  • #130,674
  • Feb 16, 2013 3:34am Feb 16, 2013 3:34am
Quoting sisse
and agree and understand you 100%, for that you don't need anything more than a statistical edge...sadly a tiny minority consistently reach that stage ....

My point on "not getting suck in on the noise" was in general to watch out for those wannabe trading "experts" and broker's trolls that are flooding these boards, that pretend to analyze FA issues in M1 charts with sometimes random comments from a mid level technocrat from a obscure institutions/think thank, at a bizarre time from some broker "twitter account" they don't even...
don't know if it could be classed as a statistical edge, but i would say that my edge comes from years of studying very short term price action, behaviour and patterns on the smaller tfs...

i'm likely to get slated for this, that's fine, each to their own, but i actually do use the m1 and m5 time frames mainly for triggers, my longer term gauge is pretty much the h1, i use the h4 and d1 or higher for levels...

the only indicators i use are tick volume, ma's, pivots, fibs and murray pivots and that's pretty much it, maybe the odd trend line occasionally, oh and i do pay attention to candle stick patterns...

i am an exceptionally short time frame player, in and out usually within minutes and sometimes seconds... i would say that my edge comes from my intuition, developed through years of hard graft and experience...

this style of trading doesn't suit everyone, and if someone reacts like a rabbit caught in the headlights if the market moves against them, then it most definitely is not for them...

dunno mate, we're all different, but like i said, this suits me, i'm a type A personality, who thinks and reacts quickly... the down sides are that it is quite labour intensive (mental labour), and i seriously hate to think of the number of times i've caught the top or bottom of a move and closed out for just a conservative scalp...

my method is still developing and i will eventually implement a strategy of scaling out, to leave a couple of contracts on to ride...
  • #130,675
  • Feb 16, 2013 3:45am Feb 16, 2013 3:45am
Quoting kill56


hey bro was a nice ride the only thing my TP was $7 above the low dam but was a great day week , for now west with tight below the low,

same levels here ,

man the es is stuck we need a break above or below 1500's, lets see

rest walking the dog till we break

thanks for the great info
wot op bro...
  • #130,676
  • Edited 8:43am Feb 17, 2013 8:22am | Edited 8:43am
Quoting sisse
This is for Kill... I know you are riding this one ...also to Piters (on the conversation about rejection of highs at Gold 169x)

Game, Set and Match with Gold. 159x tested the last open Q outlook instrument from Dec 2012 Clearing final target 1600 before London close. Slow, bumpy and with more patience than usual but it paid off nicely ...

More importantly changing GOLD outlook from last November from Sell to Neutral...

sisse
silver made it known, it wanted 14.xx over 6 months back. it gave a clue against what all the exports were saying about gold/silver. gold still hasn't agreed, even with the large drop. atm gold is wanting 1554.87 ish min. there will be bounces usually in the move, even in the mid 1690ties is possible w/o breaking the target. . the mid to get to 1554.87 min is 1590.28..
um at 1594.46 LM 1586.10.
get below 1526.80 and pack your bags to 1258.xx... and there will be bounces even then. if one wants to be bullish on gold, the zone between -1554.87 and 1526.88 is the place. the um and Lm mid zone (near) may provide opportunity also.

eu day closed red with the week red, both slightly. the day is a high seas candle,meaning be careful about any direction. it made the candle after reaching 3317.. a wave target. we usually bounce some after. i dont know if we bounced enough.. the next wave target is 3021.. using st pa 3205 is another target.. the norm rule for 3205 is 3583 before. even though we have not gone lower much last week. dont take the obvious view of going to 3583 as a resuming bull. it may also be norm, before a drop. it may best be treated as neutral until
those who can, do. those who cant, talk about those who can
  • #130,677
  • Feb 17, 2013 9:12am Feb 17, 2013 9:12am
Quoting gatorinla
silver made it known, it wanted 14.xx over 6 months back. it gave a clue against what all the exports were saying about gold/silver. gold still hasn't agreed, even with the large drop. atm gold is wanting 1554.87 ish min. there will be bounces usually in the move, even in the mid 1690ties is possible w/o breaking the target. . the mid to get to 1554.87 min is 1590.28..
um at 1594.46 LM 1586.10.
get below 1526.80 and pack your bags to 1258.xx... and there will be bounces even then. if one wants to be bullish on gold, the zone between -1554.87...
the bulls tried a wave after to 3393 and failed to reached it, then we made a LL..
since in the smaller charts we have completed 3 small bull waves. the last at 3372... the 4th is much higher at 3500.1 mid at 3425.7
5th wave targets 3567.9 with mid at 3467.4
the 5th with slip puts us near 3583.. the 3205 norm

6th 3602 mid at 3488.7
7th unavailable.
Mondays sometimes go against the later move in the week,
those who can, do. those who cant, talk about those who can
  • #130,678
  • Feb 17, 2013 4:16pm Feb 17, 2013 4:16pm
Quoting gatorinla
the bulls tried a wave after to 3393 and failed to reached it, then we made a LL..
since in the smaller charts we have completed 3 small bull waves. the last at 3372... the 4th is much higher at 3500.1 mid at 3425.7
5th wave targets 3567.9 with mid at 3467.4
the 5th with slip puts us near 3583.. the 3205 norm

6th 3602 mid at 3488.7
7th unavailable.
Mondays sometimes go against the later move in the week,
3328 goes with this one
those who can, do. those who cant, talk about those who can
  • #130,679
  • Feb 17, 2013 7:33pm Feb 17, 2013 7:33pm
Quoting gatorinla
3328 goes with this one
Posted by gatorinla
the bulls tried a wave after to 3393 and failed to reached it, then we made a LL..
since in the smaller charts we have completed 3 small bull waves. the last at 3372... the 4th is much higher at 3500.1 mid at 3425.7
5th wave targets 3567.9 with mid at 3467.4
the 5th with slip puts us near 3583.. the 3205 norm

6th 3602 mid at 3488.7
7th unavailable.
Mondays sometimes go against the later move in the week,

made it to 3329... lets c
those who can, do. those who cant, talk about those who can
  • #130,680
  • Feb 17, 2013 11:13pm Feb 17, 2013 11:13pm
morning..
Look Sharp/Trade Tight
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