{quote}Bravo, Maestro!
Those who say it cannot be done should not interrupt those who are doing it
- #70,701
- Nov 15, 2013 6:17am Nov 15, 2013 6:17am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
- #70,702
- Nov 15, 2013 8:13am Nov 15, 2013 8:13am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
{quote} Gargle doneUsing simple PA with trend lines and channels, I definitely see a solid topping pattern. Of course my party can easily be ruined by a breach of my new blue descending channel, but for now the transition from Red ascending to blue descending seems to be intact. A breach of blue channel resistance will likely be rejected by the 141% fibo level. G.U Daily {image}
Do we now get follow through or is the upmove now done?
1.6120 seems like a sweet spot to short, but I'm sitting on my hands for now.
G/U H4
Those who say it cannot be done should not interrupt those who are doing it
- #70,703
- Edited 9:17am Nov 15, 2013 8:18am | Edited 9:17am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Those who say it cannot be done should not interrupt those who are doing it
- #70,704
- Nov 15, 2013 8:26am Nov 15, 2013 8:26am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
{quote}...Do u understand now that blind charts are just as good as...well...blind charts ?
It still comes down to sentiment and fundamentals and they ARE important. And trend.
There is no such a thing as "everything is priced in fundamentally so charts are holy grail".
charts are ONLY good for a BOUNCE...period.
Those who say it cannot be done should not interrupt those who are doing it
- #70,705
- Nov 15, 2013 8:30am Nov 15, 2013 8:30am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
{quote} Cable channel resistance reached and rejected. Do we now get follow through or is the upmove now done? 1.6120 seems like a sweet spot to short, but I'm sitting on my hands for now. G/U H4 {image}
Don't you just love those reliable fibo levels?
I do .Anyway. I didn't add any shorts to this because I want to see what happens a bit later in the US session. It could get rough for the weak bears
G/U H4
Those who say it cannot be done should not interrupt those who are doing it
- #70,707
- Nov 15, 2013 8:36am Nov 15, 2013 8:36am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
I had to adjust the USDOLLAR ascending channel. Kind of curve fitting but in this case it is acceptable since the channel is still in its infancy.
Price was well rejected off the new channel support so that gives me confidence that support will hold.
Still, with the CBs skewing the market sentiment, anything can happen.
USDOLLAR H4
Price was well rejected off the new channel support so that gives me confidence that support will hold.
Still, with the CBs skewing the market sentiment, anything can happen.
USDOLLAR H4
Those who say it cannot be done should not interrupt those who are doing it
- #70,708
- Nov 15, 2013 8:41am Nov 15, 2013 8:41am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Finally, we got the loooong expected 1.3500. But......why do I not dare to short now? Not yet? i don´t see any reason for going down. No pattern, no fundamentals, no data.
... and the neckline of the lopsided H/S pattern.
Those who say it cannot be done should not interrupt those who are doing it
- #70,709
- Nov 15, 2013 8:56am Nov 15, 2013 8:56am
- Joined Jan 2007 | Status: Trader | 11,838 Posts
Trading Levels with WRBs
- #70,710
- Nov 15, 2013 9:26am Nov 15, 2013 9:26am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
EURUSD Short at 1.35044 No SL (for now) Target open (for now) EURUSDCALL
E/U M15
Those who say it cannot be done should not interrupt those who are doing it
- #70,712
- Nov 15, 2013 9:31am Nov 15, 2013 9:31am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
{quote} Bastards retreating now just to break weekly highs next week up for 3520 to turn back for 3240's later...
Those who say it cannot be done should not interrupt those who are doing it
- #70,713
- Nov 15, 2013 9:37am Nov 15, 2013 9:37am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
{quote} Bastards retreating now just to break weekly highs next week up for 3520 to turn back for 3240's later...
Those who say it cannot be done should not interrupt those who are doing it
- #70,714
- Nov 15, 2013 9:41am Nov 15, 2013 9:41am
- Joined May 2010 | Status: Trader | 2,004 Posts
{quote} Hey, how's that bottle of GF 18 I sent you? {image}
Now I have a break from unhealty lifestyle for a change... Fasted for three days, doing some intensive sports and etc.
69
- #70,715
- Nov 15, 2013 11:01am Nov 15, 2013 11:01am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
{quote} I'm planing to open it some time later - prob December when childhood friend will come back from UK to visit me
Those who say it cannot be done should not interrupt those who are doing it
- #70,716
- Nov 15, 2013 11:57am Nov 15, 2013 11:57am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
NY lunch is almost over.
Did the NY traders decide to have an extended liquid lunch today, or are they coming back?
Did the NY traders decide to have an extended liquid lunch today, or are they coming back?
Those who say it cannot be done should not interrupt those who are doing it
- #70,718
- Nov 15, 2013 12:06pm Nov 15, 2013 12:06pm
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
got burned on a couple shorts, cautiously long now...
In order for me to consider going long (on a scalp or intraday basis), I would want to wait until I see a good sized pullback... but that's me.
Those who say it cannot be done should not interrupt those who are doing it
- #70,720
- Nov 15, 2013 12:14pm Nov 15, 2013 12:14pm
- Joined Dec 2012 | Status: Trader | 8,124 Posts
The world you desire can be won. It exists.. it is real.. it is possible..