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  • #816,801
  • Jul 18, 2013 11:12pm Jul 18, 2013 11:12pm
Quoting namitak007
{quote} don't know why but EUR/USD is not feeling good for me. I never had this feeling about her before. Let's hope sls not get touched!
Where price meets time, Gann type of thing. It's showing once London gets on board, this is going down. And if it doesn't, I'll be moving back to Deeetroit, and file for bankruptcy.
Time turns trend. - W.D. Gann
  • #816,802
  • Jul 18, 2013 11:13pm Jul 18, 2013 11:13pm
I will be watching price action at the 1.3174 level very closely for obvious reasons as seen on the chart, and if I had a stop loss set at 1.3174 I think I'd move it up 25 or 30 pips because you're almost guaranteed to get stopped out at 1.3174. That is of course if you feel like if it reaches that level you think it'll keep going up from there.
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  • #816,803
  • Jul 18, 2013 11:20pm Jul 18, 2013 11:20pm
Quoting ForExtraPips
{quote} Where price meets time, Gann type of thing. It's showing once London gets on board, this is going down. And if it doesn't, I'll be moving back to Deeetroit, and file for bankruptcy.

hahaha! that shows you are full confident over drop! Anyways I managed more than 500 this week with Ucad shorts so even if price hits my SL it will hurt small to net profit. Wish all of us green pips!
  • #816,804
  • Jul 18, 2013 11:20pm Jul 18, 2013 11:20pm
First target I'll be watching on my short is the 1.3056 area. If it breaks and closes below there, I'll add to my short.
Time turns trend. - W.D. Gann
  • #816,805
  • Jul 18, 2013 11:33pm Jul 18, 2013 11:33pm
Quoting irongoose
........and if I had a stop loss set at 1.3174 I think I'd move it up 25 or 30 pips because you're almost guaranteed to get stopped out at 1.3174.......
This is one way of avoiding market noise. Another way is to:

1. Put a very tight stop near the key level and let it get hit.
2. Watch the pa and when it stops advancing, re-enter,
3. Again a tigh stop and again re-entry
4. Keep on doing this upto the level which you initially thought was safe to move the SL to. (in this case 25 or 30 pips from 1.3174)
5. Why?.............. I will tell you later, have to go for a smoke.
The Thief of Wall Street
  • #816,806
  • Jul 18, 2013 11:36pm Jul 18, 2013 11:36pm
Quoting Chicky
{quote} This is one way of avoiding market noise. Another way is to: 1. Put a very tight stop near the key level and let it get hit. 2. Watch the pa and when it stops advancing, re-enter, 3. Again a tigh stop and again re-entry 4. Keep on doing this upto the level which you initially thought was safe to move the SL to. (in this case 25 or 30 pips from 1.3174) 5. Why?.............. I will tell you later, have to go for a smoke.
I've been doing that with EUR/NZD, after London goes home, with great success. (But like you said, "Only if price is at a key level", after London goes home).
Time turns trend. - W.D. Gann
  • #816,807
  • Jul 18, 2013 11:40pm Jul 18, 2013 11:40pm
Quoting Chicky
{quote} This is one way of avoiding market noise. Another way is to: 1. Put a very tight stop near the key level and let it get hit. 2. Watch the pa and when it stops advancing, re-enter, 3. Again a tigh stop and again re-entry 4. Keep on doing this upto the level which you initially thought was safe to move the SL to. (in this case 25 or 30 pips from 1.3174) 5. Why?.............. I will tell you later, have to go for a smoke.
This is interesting when you're done burning one please explain a little more.
  • #816,808
  • Jul 18, 2013 11:48pm Jul 18, 2013 11:48pm
Quoting ForExtraPips
{quote} Where price meets time, Gann type of thing. It's showing once London gets on board, this is going down. And if it doesn't, I'll be moving back to Deeetroit, and file for bankruptcy.
just curious of what happens with the bond markets. some may freeze cash. how will it affect new project funding all over the country. will it snowball? will others want to follow?
those who can, do. those who cant, talk about those who can
  • #816,809
  • Jul 18, 2013 11:51pm Jul 18, 2013 11:51pm
Quoting gatorinla
{quote} just curious of what happens with the bond markets. some may freeze cash. how will it affect new project funding all over the country. will it snowball? will others want to follow?
Very good question. Which I think is why all eyes will be on Detroit, and the whole outcome of it, before going to the next step.
Time turns trend. - W.D. Gann
  • #816,810
  • Jul 18, 2013 11:52pm Jul 18, 2013 11:52pm
Quoting Jaro
{quote} G, what is your target? I am short at 3141.6
http://www.depend.com/?WT.mc_id=DPY&WT.srch=1
those who can, do. those who cant, talk about those who can
  • #816,811
  • Jul 18, 2013 11:53pm Jul 18, 2013 11:53pm
Quoting gatorinla
{quote} http://www.depend.com/?WT.mc_id=DPY&WT.srch=1
ROFLMAO!!!! A lot sure does depend.
Time turns trend. - W.D. Gann
  • #816,812
  • Jul 18, 2013 11:53pm Jul 18, 2013 11:53pm
Quoting gatorinla
{quote} http://www.depend.com/?WT.mc_id=DPY&WT.srch=1
  • #816,813
  • Jul 18, 2013 11:56pm Jul 18, 2013 11:56pm
BTW anyone on chf/jpy? looks great opportunity @106.53 to target 104.7
  • #816,814
  • Jul 18, 2013 11:58pm Jul 18, 2013 11:58pm
Quoting irongoose
{quote} This is interesting when you're done burning one please explain a little more.
He's probably smoking one of those "roll your own" cigs. I know when I do, it takes longer to burn. lol
Time turns trend. - W.D. Gann
  • #816,815
  • Jul 19, 2013 12:00am Jul 19, 2013 12:00am
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  • #816,816
  • Jul 19, 2013 12:03am Jul 19, 2013 12:03am
Quoting ForExtraPips
{quote} He's probably smoking one of those "roll your own" cigs. I know when I do, it takes longer to burn. lol

  • #816,817
  • Jul 19, 2013 12:03am Jul 19, 2013 12:03am
Quoting ForExtraPips
{quote} Very good question. Which I think is why all eyes will be on Detroit, and the whole outcome of it, before going to the next step.
Meredith Whitney predicted this a few years back..
so did Kenfen69
those who can, do. those who cant, talk about those who can
  • #816,818
  • Jul 19, 2013 12:08am Jul 19, 2013 12:08am
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  • #816,819
  • Jul 19, 2013 12:08am Jul 19, 2013 12:08am
Quoting gatorinla
{quote} Meredith Whitney predicted this a few years back..
Wow. Didn't know that. I've seen her on the Fox Business News channel before. Interesting. Will have to research her more. Thanks.
Time turns trend. - W.D. Gann
  • #816,820
  • Jul 19, 2013 12:09am Jul 19, 2013 12:09am
yo hatch
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those who can, do. those who cant, talk about those who can
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