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  • #800,681
  • May 23, 2013 7:55am May 23, 2013 7:55am
Quoting tomspin
{quote} I was thinking about 28/29 but Gator's yearly P holds nicely so far
if we dont hit 2926 or 2945 so i wont short.
looking for investors . pm me
  • #800,682
  • May 23, 2013 7:55am May 23, 2013 7:55am
Quoting SpacyTrader
{quote} Yeah. And people are afraid of free market capitalism. It's central planers like this one that scare the living shit out of me.
I agree there. I been "bearish" on equities all year meaning that we will eventually erase these gains when real fundamentals come to light. Shite what happens when they do taper and unwind? Let's see them control those rates.
When the facts change I change my mind, what do you do sir
  • #800,683
  • May 23, 2013 7:56am May 23, 2013 7:56am
Quoting kuroro001
More sellers up here...bears want something today If they can head back to 1,2880 and break it, its heading to 1,2857 & 1,2826
2800 maybe..
  • #800,684
  • May 23, 2013 7:56am May 23, 2013 7:56am
Quoting sophiaphia
{quote} adding 33 for a 43 avg. this is for a multi-day position (swing).

Quoting sophiaphia
{quote} Potential to retouch the Monthly Pivot again, 3037 area for a quick double-top tomorrow before back down. (But big supply at 288)Other: DX temporary pullback.http://finviz.com/futures_charts.ashx?t=DX&p=m5 Good trading to you.

Not a bad move for 11 hrs ago. H4 is back in the kumo. but big supply now at 1.294
and got the DX pullback: http://finviz.com/futures_charts.ashx?t=DX&p=m5
----- Dragonfly out in the sun you know what I mean, don't you know
  • #800,685
  • May 23, 2013 8:01am May 23, 2013 8:01am
i keep looking and dont know were did u see 1.33 1.40... Maby by the end of the year.right now i think wee go down .. All i see in next weeks is right leg on weekly.. So down....
  • #800,686
  • May 23, 2013 8:01am May 23, 2013 8:01am
Quoting attila
{quote} 2800 maybe..
I wouldn't say no.

In for a move yet ?
COT: The precious data ignored
  • #800,687
  • May 23, 2013 8:01am May 23, 2013 8:01am
Quoting SugarPink
{quote}Did you see Ben speaking?I tell you, everyone knows a Ben in their life. He is that kid on school who thinks hes smarter than everyone else. And likes to point that out, with things like "What do you mean ?", implying like the people who were asking him questions don't know what they were talking about. he was very rude and arrogant
No, I missed it. Sugar, I agree that Ben thinks he can control the markets. My only criticism was trading against obvious strong trends. I want your account to be green, too. I truly think Ben will worsen the issue. The Fed as an institution is silly. I believe in recent times, each market crash was due to Fed policy to some extent.
When the facts change I change my mind, what do you do sir
  • #800,688
  • May 23, 2013 8:02am May 23, 2013 8:02am
Quoting SugarPink
{quote}It will depend, 1.33 is only first target. 1.40 implies other things {quote}Its huge yes. I don't bet againts my belifes. Only mistake I did was buying at what I thought were cheap prices.Tampering was a thing that caught me, at least I didn't expect such a agressive pricing at tampering on EURUSD.. I was expecting more like SP500.. almost muted

The point is you were wrong and you cannot admit it mostly to yourself and you are probably in point of no return, meaning that you have to hold it and pray or you loose it all if you cut it now, nasty place to be for a trader, odds are against you dude.
This is not the time of the year for the bulls, remmember that this started at 1.37 droped down 1000 pips retraced 500 and it is prolly on its way to 1.22 another 1000 pips leg, just think about it.
You have a shot right now I think but if we close the month under 2875 (S1 monthly) you can kiss those upper target goodbye.
Seems like you are aiming for a larger targets and you bought the top, swing require hell of a lot of patience, happen few times a year.
Just look at the weekly and place lines at major turns you will see what I am talking about.
swing it!
  • #800,689
  • May 23, 2013 8:04am May 23, 2013 8:04am
S 2908 sl 2926
  • #800,690
  • May 23, 2013 8:06am May 23, 2013 8:06am
Quoting tomspin
{quote} The point is you were wrong and you cannot admit it mostly to yourself and you are probably in point of no return, meaning that you have to hold it and pray or you loose it all if you cut it now, nasty place to be for a trader, odds are against you dude.This is not the time of the year for the bulls, remmember that this started at 1.37 droped down 1000 pips retraced 500 and it is prolly on its way to 1.22 another 1000 pips leg, just think about it.You have a shot right now I think but if we close the month under 2875 (S1 monthly) you can...
Lol calm down.. I know what im doing.
I will only close when I know it will not go to 1.33 :-p so far I'm not wrong no
"You're solid gold, see you in hell"
  • #800,691
  • May 23, 2013 8:06am May 23, 2013 8:06am
Quoting Vasiliy1
S 2908 sl 2926

maybe bye bye.
looking for investors . pm me
  • #800,692
  • May 23, 2013 8:07am May 23, 2013 8:07am
Quoting SugarPink
{quote}Lol calm down.. I know what im doing
I am calm, I am not sitting in a huge drawdown....
swing it!
  • #800,693
  • May 23, 2013 8:07am May 23, 2013 8:07am
Quoting kuroro001
{quote} I wouldn't say no. In for a move yet ?

y. short.
  • #800,694
  • May 23, 2013 8:11am May 23, 2013 8:11am
Quoting SugarPink
{quote}Lol calm down.. I know what im doing.I will only close when I know it will not go to 1.33 :-p so far I'm not wrong no
I agree. It'll probably make at least a double top at 1.37 before going down. Probably higher. Still we're looking at months in the future for that.
  • #800,695
  • May 23, 2013 8:13am May 23, 2013 8:13am
Quoting SugarPink
{quote}Lol calm down.. I know what im doing.I will only close when I know it will not go to 1.33 :-p so far I'm not wrong no
or when you get a margin call.
  • #800,696
  • May 23, 2013 8:14am May 23, 2013 8:14am
Quoting RsX
{quote} proper english? sorry, it's not my native language, so you're asking a bit too much from me But you've gotta understand, each trader has his terms/abbreviations related to their methodology and techniques.. cannot thouroughly lengthen and lay out their meaning in each post, too time consuming... But I'll try to elaborate on the term - "breakdown" = price breaking downwards from a technical level, more often an area - is what I mean. As for trendlines, I don't use T/L-s strictly, I use confluence of several technical measures showing...
Thanks............would be good if all had usual abbreviations.

Your English is very good
  • #800,697
  • May 23, 2013 8:15am May 23, 2013 8:15am
close > 2926.9 needed for 3010.2 (gator's 3097).

2915.6 is both the mid of yesterday's action and towards mentioned target.
  • #800,698
  • May 23, 2013 8:15am May 23, 2013 8:15am
Quoting attila
{quote} y. short.
Bulls want to squeeze up that's for sure.
Classic.

But we have a lot of sellers up there..
COT: The precious data ignored
  • #800,699
  • May 23, 2013 8:16am May 23, 2013 8:16am
Quoting SpacyTrader
{quote} I agree. It'll probably make at least a double top at 1.37 before going down. Probably higher. Still we're looking at months in the future for that.
This is what I think: whether he is ultimately "right" or not is irrelevant. Being early is the same as being wrong. Calling 1.33 at 1.3 or 1.32 then watching it drop to 1.279, then maybe going to 1.33 eventually is not a solid call.
When the facts change I change my mind, what do you do sir
  • #800,700
  • May 23, 2013 8:17am May 23, 2013 8:17am
Quoting SugarPink
{quote}Lol calm down.. I know what im doing.I will only close when I know it will not go to 1.33 :-p so far I'm not wrong no

SP, what's your specific "proven-wrong" level ?
Patience, persistence and probabilities.
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