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  • #848,801
  • Edited 9:17pm Oct 30, 2013 8:59pm | Edited 9:17pm
Quoting Tom_D_Trader
Well I got pending UJ long at 98,385, for a little retrace.
Got triggered while I was at pub. Kinda ruined my evening, didnt want to do babysitting.
edit: setting partials 98,426 98,465
edit: anyway, this is not good place to go long UJ right now, as there may be SL clustered below 98,32, which will just go poof and 98,2 gets retested. And in my charts this level is kinda important, so should get retested.
edit: weee, think I can get few more drinks
edit: well, since I dont like this entry, am just taking that partial and BE.
"I know one thing, that I know nothing." Sokrates
  • #848,802
  • Oct 30, 2013 9:03pm Oct 30, 2013 9:03pm
ok so one more fight, I am so excited lemme bring my bag of pop corns.
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been there done that, Good Bye
  • #848,803
  • Oct 30, 2013 9:21pm Oct 30, 2013 9:21pm
While blathering here, think that yellow thingie should get retested.
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"I know one thing, that I know nothing." Sokrates
  • #848,804
  • Oct 30, 2013 9:23pm Oct 30, 2013 9:23pm
Quoting milam
Hi all, I hope you well. I need an indicator that alerts me when prices reaches the high or low of the previous day. Thank you in advance.

simply use the price alarm in MT4
  • #848,805
  • Oct 30, 2013 9:25pm Oct 30, 2013 9:25pm
Quoting gatorinla
{quote} if 3716 is hit pryer to 3802/03 retrace. then the 3786 one is the one to look for w/o a hh (383x) before 3650

was it really missed?
those who can, do. those who cant, talk about those who can
  • #848,806
  • Edited 9:44pm Oct 30, 2013 9:31pm | Edited 9:44pm
Quoting chazzle
EU D1 H4 Still bullish above previous year high(FEB) at 13711 - just a p/b in the scheme of things until it breaks imo 13742 is a bump {image} {image}
it is going to take couple months though.
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ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #848,807
  • Oct 30, 2013 9:36pm Oct 30, 2013 9:36pm
Quoting ffleo
{quote} {image}
And the crowd of mom and pop investors goes wild...buy, buy, buy!
  • #848,808
  • Oct 30, 2013 9:38pm Oct 30, 2013 9:38pm
Disgraceful EU short for yellowish retest 1,3732 SL1,3741 TP:1,371.

edit: btw, there are few left for yellowish break.
"I know one thing, that I know nothing." Sokrates
  • #848,809
  • Oct 30, 2013 9:45pm Oct 30, 2013 9:45pm
Quoting Kanzler
{quote} And the crowd of mom and pop investors goes wild...buy, buy, buy!
it is going to take a while to fall though.

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ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #848,810
  • Oct 30, 2013 9:46pm Oct 30, 2013 9:46pm
Quoting ffleo
{quote} it is going to take a while to fall though.
I think today's FOMC fundy news should give it a good kick start. Usually how these things start are big fundy driven news events.
  • #848,811
  • Oct 30, 2013 9:46pm Oct 30, 2013 9:46pm
Quoting infinitus
{quote} simply use the price alarm in MT4
Infy

Thank you, I will if I cannot find anything else, I have many pairs to set it up though with mt4.
Wherever you go, there you are.
  • #848,812
  • Oct 30, 2013 9:53pm Oct 30, 2013 9:53pm
Quoting Kanzler
{quote} I think today's FOMC fundy news should give it a good kick start. Usually how these things start are big fundy driven news events.
we are near the top of weekly (monthly) descending TL but have not touched it yet. The TL is a magnet and the big guys likely will push it there ~3950. When it gets there, it is going to be ping pong for weeks.

But we are near the end of this up bull run. Most part of next year I would expect a bear run.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #848,813
  • Oct 30, 2013 9:57pm Oct 30, 2013 9:57pm
Quoting ffleo
{quote} we are near the top of weekly (monthly) descending TL but have not touched it yet. The TL is a magnet and the big guys likely will push it there ~3950. When it gets there, it is going to be ping pong for weeks.
Trendlines are largely irrelevant in my opinion due to their subjective nature. I would be completely taken aback if price manages to break the high of the FOMC rally, what is really an injection of billions of big money capital, just to accomplish a "touch" of such an area. If there's going to be a reversal it's already happened.
  • #848,814
  • Oct 30, 2013 9:59pm Oct 30, 2013 9:59pm
Quoting ffleo
{quote} it is going to take couple months though. {image}

looks like a bearish wedge to me.
those who can, do. those who cant, talk about those who can
  • #848,815
  • Oct 30, 2013 10:03pm Oct 30, 2013 10:03pm
Quoting gatorinla
{quote} looks like a bearish wedge to me.
yes. considering it is on large time frame, it is still possible to have up run to 3950 and ping pong there for weeks. Right now we need a retarcement for next up run.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #848,816
  • Oct 30, 2013 10:06pm Oct 30, 2013 10:06pm
Quoting Kanzler
{quote} Trendlines are largely irrelevant in my opinion due to their subjective nature. I would be completely taken aback if price manages to break the high of the FOMC rally, what is really an injection of billions of big money capital, just to accomplish a \"touch\" of such an area. If there's going to be a reversal it's already happened.
it is not going to be a nose dive. check the high of 2008, 2009, and 2011. It pingponged at the high for months.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #848,817
  • Oct 30, 2013 10:06pm Oct 30, 2013 10:06pm
Quoting ffleo
{quote} yes. considering it is on large time frame, it is still possible to have up run to 3950 and ping pong there for weeks. Right now we need a retarcement for next up run.

it may, if it can get past 3832...
those who can, do. those who cant, talk about those who can
  • #848,818
  • Oct 30, 2013 10:07pm Oct 30, 2013 10:07pm
Quoting ffleo
{quote} yes. considering it is on large time frame, it is still possible to have up run to 3950 and ping pong there for weeks. Right now we need a retarcement for next up run.
Except for the trend line argument, I don't see why you think this rally isn't over. All the big money just poured it in short.
  • #848,819
  • Oct 30, 2013 10:07pm Oct 30, 2013 10:07pm
Quoting Kanzler
{quote} Trendlines are largely irrelevant in my opinion due to their subjective nature. I would be completely taken aback if price manages to break the high of the FOMC rally, what is really an injection of billions of big money capital, just to accomplish a \"touch\" of such an area. If there's going to be a reversal it's already happened.

Ditto that my brother.

I have said before and will say again, that the ability of somebody to plot a line on a chart is as relevant to market as a monkey flinging a fist full of faeces.

Of course, that being said...

Supply and Demand still seems pretty relevant and I am a known sucker for el hidden gappo!

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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #848,820
  • Oct 30, 2013 10:09pm Oct 30, 2013 10:09pm
Quoting Magix
{quote} Ditto that my brother. I have said before and will say again, that the ability of somebody to plot a line on a chart is as relevant to market as a monkey flinging a fist full of faeces. Of course, that being said... Supply and Demand still seems pretty relevant and I am a known sucker for el hidden gappo! {image} {image}
If it breaks the rally origin I'm going to quite trading forever lol. Seriously I have a killer 7 pip wide position below the move on the Swissy and I expect it to pay me.
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