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  • #854,541
  • Nov 19, 2013 6:44pm Nov 19, 2013 6:44pm
Quoting ffleo
{quote} like this? {image}

nice lips
they said.
14QDuJtV7okxhBzC86FwawaR6tV5LvetLq
  • #854,542
  • Nov 19, 2013 6:49pm Nov 19, 2013 6:49pm
Quoting Faller
Bull trap for euro and cable?

Nope.

Not a bull trap at all, dude.

It's still trend...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #854,543
  • Nov 19, 2013 6:56pm Nov 19, 2013 6:56pm
2 reasons to not sell EUR/USD into the New Year. Cable...well, that's another story.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: y1.png Size: 32 KB
Click to Enlarge Name: y1eg.png Size: 29 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #854,544
  • Edited 7:26pm Nov 19, 2013 6:56pm | Edited 7:26pm
Quoting SeanyTsunami
Price seems to be loosing momentum to the upside. A funneling type of pattern, shows sign of some divergence, would like to see a strong close below the BRN of 1.3500. For a chance to get in short and ride it at least towards the bottom of the pattern.

Some R, draw a fib. 2755 to 3831.x..
those who can, do. those who cant, talk about those who can
  • #854,545
  • Nov 19, 2013 7:08pm Nov 19, 2013 7:08pm
I like the candle development of cable atm.

Attached Image (click to enlarge)
Click to Enlarge Name: cable_151.png Size: 163 KB
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #854,546
  • Nov 19, 2013 7:11pm Nov 19, 2013 7:11pm
Quoting Magix
2 reasons to not sell EUR/USD into the New Year. Cable...well, that's another story. {image} {image}

?
explain the candle? i dont understand
14QDuJtV7okxhBzC86FwawaR6tV5LvetLq
  • #854,547
  • Nov 19, 2013 7:14pm Nov 19, 2013 7:14pm
Tomorrow's news...

Normally, certain news, like a higher CPI than was expected, would be good for the dollar. But if CPI is higher than expected, that means less of a chance of taper because lower markets, right?

Tomorrows news then, is up down and down up?
  • #854,548
  • Nov 19, 2013 7:16pm Nov 19, 2013 7:16pm
Quoting ud1nh0
{quote} ? explain the candle? i dont understand
Assuming that any bull candle will turn to a bear in the last fraction of time is what burns newbies out of market.

Last year, EUR/USD closed the bull.

This year, we are above yearly open.

Why would you dress like a bear to tend a bulls party?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #854,549
  • Nov 19, 2013 7:16pm Nov 19, 2013 7:16pm
Quoting Baggi
Tomorrow's news... Normally, certain news, like a higher CPI than was expected, would be good for the dollar. But if CPI is higher than expected, that means less of a chance of taper because lower markets, right? Tomorrows news then, is up down and down up?
which of the following will impact the market the most?
1) tapering
2) no tapering.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #854,550
  • Nov 19, 2013 7:19pm Nov 19, 2013 7:19pm
Quoting ffleo
{quote} 3831?

why not?
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those who can, do. those who cant, talk about those who can
  • #854,551
  • Nov 19, 2013 7:19pm Nov 19, 2013 7:19pm
Quoting ffleo
{quote} which of the following will impact the market the most? 1) tapering 2) no tapering.

I don't know which will effect the markets more at this point. Several weeks ago everyone expected the tapering to begin in December. I think that expectation is over now. Now the expectation is probably for no tapering for awhile.

If tapering, then dollar gets stronger.

If no tapering, then dollar gets weaker.

Therefore, it seems the news that is good for no tapering causes the dollar to get weaker, and the news that supports the tapering view causes the dollar to get stronger. Or?

Or perhaps you are saying that no one expects tapering anymore, and therefore, we are back to our normal news cycle?
  • #854,552
  • Nov 19, 2013 7:20pm Nov 19, 2013 7:20pm
Quoting Magix
{quote} Assuming that any bull candle will turn to a bear in the last fraction of time is what burns newbies out of market. Last year, EUR/USD closed the bull. This year, we are above yearly open. Why would you dress like a bear to tend a bulls party?

it closed bull with abe..a fundi driven close.
those who can, do. those who cant, talk about those who can
  • #854,553
  • Nov 19, 2013 7:23pm Nov 19, 2013 7:23pm
Quoting Baggi
{quote} I don't know which will effect the markets more at this point. Several weeks ago everyone expected the tapering to begin in December. I think that expectation is over now. Now the expectation is probably for no tapering for awhile. If tapering, then dollar gets stronger. If no tapering, then dollar gets weaker. Therefore, it seems the news that is good for no tapering causes the dollar to get weaker, and the news that supports the tapering view causes the dollar to get stronger. Or? Or perhaps you are saying that no one expects tapering...
don't forget about:
a) ECB to make it own QE once they find out how and get germans approval
b) Bank stress-test that is suppose to erase few weakest banks from the surface


but most likely not happening in 2013. Stress test scheduled for 2014 Q1. ECB won't get QE until 2014 something...

i still have this beautiful H&S pattern drawing to 1.362X …. but there will be no taper tomorrow as Ben already said.


@MAGIX - what's your next target? 1.38?
  • #854,554
  • Nov 19, 2013 7:24pm Nov 19, 2013 7:24pm
Quoting Baggi
{quote} I don't know which will effect the markets more at this point. Several weeks ago everyone expected the tapering to begin in December. I think that expectation is over now. Now the expectation is probably for no tapering for awhile. If tapering, then dollar gets stronger. If no tapering, then dollar gets weaker. Therefore, it seems the news that is good for no tapering causes the dollar to get weaker, and the news that supports the tapering view causes the dollar to get stronger. Or? [b]Or perhaps you are saying that no one expects tapering...
No one strongly expect tapering any more
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #854,555
  • Nov 19, 2013 7:26pm Nov 19, 2013 7:26pm
Quoting ffleo
{quote} you had a typo in that post. you mis-typed 3831 as 2831

always typos.. fixing
those who can, do. those who cant, talk about those who can
  • #854,556
  • Nov 19, 2013 7:27pm Nov 19, 2013 7:27pm
Quoting gatorinla
{quote} it closed bull with abe..a fundi driven close.


A list of things I don't do...
Gold at the end of Rainbows.
Unicorns
The Easter Bunny
&
Fundi's...

I ain't telling what people to do...just giving 2 strong reasons to not sell based on a technical analysis...

If their charts say something different, I encourage them to trade off of them.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #854,557
  • Nov 19, 2013 7:29pm Nov 19, 2013 7:29pm
Quoting mario83
@MAGIX - what's your next target? 1.38?
Ima M1 trader dude...

3575 retest.

After that, and depending on how sober I am...will have to see how price reacts...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #854,558
  • Nov 19, 2013 7:31pm Nov 19, 2013 7:31pm
Quoting Magix
{quote} A list of things I don't do... Gold at the end of Rainbows. Unicorns The Easter Bunny & Fundi's... I ain't telling what people to do...just giving 2 strong reasons to not sell based on a technical analysis... If their charts say something different, I encourage them to trade off of them.
my point was those candles are made with Abe's help. last year candle is/are based (built) on unicorns.
those who can, do. those who cant, talk about those who can
  • #854,559
  • Nov 19, 2013 7:35pm Nov 19, 2013 7:35pm
Quoting gatorinla
{quote} my point was those candles are made with Abe's help. last year candle is/are based (built) on unicorns.
The entire market is based on fackwagon unicorns, dude.

It's all bullshit.

The whole fucking planet is broke...we are all at a race to zero...but the same rules will always apply...

When price goes up, buy.
When price goes down, sell.

Right now, we are going up...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #854,560
  • Nov 19, 2013 7:37pm Nov 19, 2013 7:37pm
Quoting gatorinla
{quote} my point was those candles are made with Abe's help. last year candle is/are based (built) on unicorns.
Magix has some points. The yearly candle is not likely to turn red in just a month and 10 days left for the year. The price may go up from here. But I am not willing to buy yet. I am selling on rallies.
ignore wackos and psychos, including myself. But I can't add myself to iggy
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