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  • #795,721
  • May 8, 2013 7:52am May 8, 2013 7:52am
Quoting Mr Hatch
{quote} better don't at this point. bulls will finally have a valid cross on the H4 in 16 mins. target is 3286.x.
3286
  • #795,722
  • May 8, 2013 7:54am May 8, 2013 7:54am
Quoting Tom_D_Trader
{quote} Imo during beginnig of months, these monthly levels got overshoot +- 10 pips. It serves more of like a zone than precise number. So it is not that much about that monthly right now, but that ,31677 daily. And besides, aint we waiting for H1 close at least? This is no break. At least I hope, I want my beers .

usually bull don't like ti return @ half way when it manage to sneak it's front leg , i will wait till bear byte it's leg
(FYI i am learning to short )
Mohan
  • #795,723
  • May 8, 2013 7:54am May 8, 2013 7:54am
Not a day for the shorts

Maybe near 1,3176 for 1,3150 tp.

Time will tell.
COT: The precious data ignored
  • #795,724
  • May 8, 2013 7:54am May 8, 2013 7:54am
Quoting egkid
{quote} Sorry but i been very busy lately work and family and life beside no very good set up just scalping when got some time hope all go fine with u
i totally agree....all goes well mate been in and out

now looking for a dip to renter
  • #795,725
  • May 8, 2013 7:55am May 8, 2013 7:55am
Quoting mohan76
{quote} How export should bring money into country , it might help them to change black into white
Yes, exports normally would bring cash into the country not out. But if you setup an offshore company with no assets, ability to pay or anything and export the goods to that company, that company is not intended to pay for the exports- it simply resells them (without paying) and launders the money outside China. Simple.
  • #795,726
  • May 8, 2013 7:56am May 8, 2013 7:56am
Quoting kuroro001
Not a day for the shorts Maybe near 1,3176 for 1,3150 tp. Time will tell.
3145 is my bet...looking to long there target 100 pips from here 3253 and 3353
  • #795,727
  • May 8, 2013 7:59am May 8, 2013 7:59am
Quoting kuroro001
Not a day for the shorts Time will tell.

i see it as a very good day for shorts

sell high
fokyou forexfactory
  • #795,728
  • May 8, 2013 8:00am May 8, 2013 8:00am
Quoting SpacyTrader
{quote} Yes, exports normally would bring cash into the country not out. But if you setup an offshore company with no assets, ability to pay or anything and export the goods to that company, that company is not intended to pay for the exports- it simply resells them (without paying) and launders the money outside China. Simple.
aah smart then it's real export
Mohan
  • #795,729
  • May 8, 2013 8:01am May 8, 2013 8:01am
Quoting DNTme
{quote} i see it as a very good day for shorts sell high
h4 is looking ripe full of healthy bulls watch out
  • #795,730
  • May 8, 2013 8:01am May 8, 2013 8:01am
Should be at top of C wave - time to short
  • #795,731
  • May 8, 2013 8:02am May 8, 2013 8:02am
Quoting eliabreu
Sorry but it dont go above @3166 (my stop is @3190) Weekly 100 EMA is the challenge.... From here I think we`ll drop to @2890 in a couple f weeks... Lets see...
H1 close is confirming me...
  • #795,732
  • May 8, 2013 8:03am May 8, 2013 8:03am
I really dislike posting by hindsight, so I'll make a bold prediction.
Mercy Seat is running out of people in his secret place and very soon he will be responsible for the next chapter in his personal drama to draw attention.

I smell lots of ugly words to leave his mouth. Take care, you have been warned.
  • #795,733
  • May 8, 2013 8:04am May 8, 2013 8:04am
Quoting kuroro001
Not a day for the shorts
No problem shorting it . Think I am going to go BE soon. I will wait for that second retest this time .
"I know one thing, that I know nothing." Sokrates
  • #795,734
  • May 8, 2013 8:04am May 8, 2013 8:04am
Why short at 60 or 70 ? this is so cheap
"You're solid gold, see you in hell"
  • #795,735
  • May 8, 2013 8:04am May 8, 2013 8:04am
Quoting SnaveForex
{quote} h4 is looking ripe full of healthy bulls watch out

Olé!!!!!!!!!!!!!!
fokyou forexfactory
  • #795,736
  • May 8, 2013 8:06am May 8, 2013 8:06am
Quoting egkid
{quote} Sorry but i been very busy lately work and family and life beside no very good set up just scalping when got some time hope all go fine with u
looking for investors . pm me
  • #795,737
  • May 8, 2013 8:07am May 8, 2013 8:07am
Quoting Mr Hatch
{quote} better don't at this point. bulls will finally have a valid cross on the H4 in 16 mins. target is 3286.x.
Once you have a valid cross (1.3157, right?) how much retracement do you allow before the target is invalidated? Thanks.
  • #795,738
  • May 8, 2013 8:07am May 8, 2013 8:07am
Quoting mohan76
{quote} aah smart then it's real export
Yes it is, but it's not clear what happens with the goods since they obviously didn't go where reported. It's very possible the offshore company sold them while they were still in China and only reported them as exports. After that the buyer (who paid the offshore company in dollars in a foreign account) can do anything he wants with the goods, export them or not. It's extremely likely that they were indeed exported but still this results in counting twice the same goods as exports

The advantage of using exports for getting money out instead of imports is that nobody gets to wonder why you paid 10 million dollars for a box of paperclips for ex.
  • #795,739
  • May 8, 2013 8:09am May 8, 2013 8:09am
Quoting Mr Hatch
{quote} better don't at this point. bulls will finally have a valid cross on the H4 in 16 mins. target is 3286.x.
Didn't bears have a valid cross earlier but they never reached the tp ?
COT: The precious data ignored
  • #795,740
  • May 8, 2013 8:10am May 8, 2013 8:10am
Got in @ 3139 (was an ugly entry)

locked in at 3150 (+11 pips)

target @ 3185 (reassess, possible tighten stop and follow higher)
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