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  • #864,801
  • Dec 18, 2013 6:39pm Dec 18, 2013 6:39pm
Quoting 110101
{quote} Price action will tell. Tomorrow I'd like to see the low broken to .361 if not Price action will tell me where it wants to go. But I'm on the short side until .68 fib is broken.
Good plan. It's still in consolidation mode can go anywhere. 61.8 is around 1.375x
  • #864,802
  • Dec 18, 2013 6:41pm Dec 18, 2013 6:41pm
I think that final down movement is 1,3380 then long positions are possible
  • #864,803
  • Dec 18, 2013 6:45pm Dec 18, 2013 6:45pm
Quoting Ken A
{quote} Good plan. It's still in consolidation mode can go anywhere. 61.8 is around 1.375x

Yep. .3755. But this was a fairly large move for eu. So i'm hoping and praying it reaches .38 fib .

.3740 also could be where sell orders are sitting so we may go that far but .38 i can't see by the current action
"HEY! Whats all this chocolate on yo face?" - "It's doodoo, babby!"
  • #864,804
  • Dec 18, 2013 6:52pm Dec 18, 2013 6:52pm
Funny thing I noticed today. By the time FED news this thread had 420+ viewers. Now we got lots of invisibles
"HEY! Whats all this chocolate on yo face?" - "It's doodoo, babby!"
  • #864,805
  • Dec 18, 2013 7:09pm Dec 18, 2013 7:09pm
Quoting 110101
Funny thing I noticed today. By the time FED news this thread had 420+ viewers. Now we got lots of invisibles
funny will be to see how many will be here tomorrow and Friday by the time it's up at 3800..
  • #864,806
  • Dec 18, 2013 7:10pm Dec 18, 2013 7:10pm
Quoting attila
{quote} funny will be to see how many will be here tomorrow and Friday by the time it's up at 3800..

How you see .380?
"HEY! Whats all this chocolate on yo face?" - "It's doodoo, babby!"
  • #864,807
  • Dec 18, 2013 7:12pm Dec 18, 2013 7:12pm
IMO .360 before another up move.
"HEY! Whats all this chocolate on yo face?" - "It's doodoo, babby!"
  • #864,808
  • Dec 18, 2013 7:14pm Dec 18, 2013 7:14pm
Quoting 110101
{quote} How you see .380?
why not? as a matter of fact, I don't see the bear..
  • #864,809
  • Dec 18, 2013 7:17pm Dec 18, 2013 7:17pm
Quoting 110101
Funny thing I noticed today. By the time FED news this thread had 420+ viewers. Now we got lots of invisibles

This thread used to host 500-600 daily during active sessions.

A lot of them sheeples got slaughtered by following the false profits. Overnight!

There is typically, at least 1 trader per year who collapses his self worth during this season and talks about ending it all.

I haven't seen that trader yet this year...

Bound to be here or in the Cable thread over the next few days.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #864,810
  • Dec 18, 2013 7:20pm Dec 18, 2013 7:20pm
Quoting attila
{quote} why not? as a matter of fact, I don't see the bear..
Check Gold & sliver - i know u don't trade them but they did exactly what we talked about yesterday ... the bear trap & u turn ! Lets see if the Euro bull will take the bear for a spin.
"It's the Margin, Stupid."
  • #864,811
  • Dec 18, 2013 7:23pm Dec 18, 2013 7:23pm
Quoting attila
{quote} why not? as a matter of fact, I don't see the bear..
I don't have any fancy indicators, sorry.
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"HEY! Whats all this chocolate on yo face?" - "It's doodoo, babby!"
  • #864,812
  • Dec 18, 2013 7:25pm Dec 18, 2013 7:25pm
Quoting Magix
{quote} This thread used to host 500-600 daily during active sessions. A lot of them sheeples got slaughtered by following the false profits. Overnight! There is typically, at least 1 trader per year who collapses his self worth during this season and talks about ending it all. I haven't seen that trader yet this year... Bound to be here or in the Cable thread over the next few days.

Crazys will crazy. That really sucks that money would be a reason to end it all. Sad but not really.
"HEY! Whats all this chocolate on yo face?" - "It's doodoo, babby!"
  • #864,813
  • Dec 18, 2013 7:27pm Dec 18, 2013 7:27pm
Quoting 110101
{quote} I don't have any fancy indicators, sorry. {image} {image} {image}
I don't either... pretty much trading a naked chart.
  • #864,814
  • Dec 18, 2013 7:30pm Dec 18, 2013 7:30pm
Quoting attila
{quote} I don't either... pretty much trading a naked chart.

I'd like to see why you think .38 is in the works
"HEY! Whats all this chocolate on yo face?" - "It's doodoo, babby!"
  • #864,815
  • Dec 18, 2013 7:40pm Dec 18, 2013 7:40pm
Quoting 110101
{quote} I'd like to see why you think .38 is in the works

Hidden gap filled. When resistance is busted, it becomes support.

We are only just testing this area now, and we are still effectively in an uptrend.

Why is it possible?

Because that was where price was tending. News is bullshit...techs are techs!
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #864,816
  • Dec 18, 2013 7:42pm Dec 18, 2013 7:42pm
Quoting 110101
{quote} I'd like to see why you think .38 is in the works
Let me put it this way. I can't predict the future, so this can drop another 1K pips, but... All decisions we make are only based on what we see right now, and not what we think we'll see tomorrow... So..
1. bears rarely turn it from a consolidation formation.
2. there was no spike into new highs, above 3834
3. all it did for now is clean up the stop losses below the range, and then it stopped
4. look where on h4 stopped
5. daily took out that low I pointed to earlier, but if it goes above it 3710, that will invalidate the break out
6. on h1, the trend will turn back up at 3690.. pretty close to where it is right now.. if that's the case, then were will it go? back into the consolidation, and above 3700. from there all bets are off.
7. daily chart looks awfully like a bull flag there with us sitting at the bottom of it
8. and something nobody talks about. so he tapered and we got a 60 pips drop (disregard the spike) from where it all started. is that it?
  • #864,817
  • Dec 18, 2013 7:47pm Dec 18, 2013 7:47pm
Quoting attila
{quote} Let me put it this way. I can't predict the future, so this can drop another 1K pips, but... All decisions we make are only based on what we see right now, and not what we think we'll see tomorrow... So.. 1. bears rarely turn it from a consolidation formation. 2. there was no spike into new highs, above 3834 3. all it did for now is clean up the stop losses below the range, and then it stopped 4. look where on h4 stopped 5. daily took out that low I pointed to earlier, but if it goes above it 3710, that will invalidate the break out 6. on...

This is what D looks like to me. Its only right for it to go to .361 to continue up
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"HEY! Whats all this chocolate on yo face?" - "It's doodoo, babby!"
  • #864,818
  • Dec 18, 2013 7:53pm Dec 18, 2013 7:53pm
Quoting 110101
{quote} This is what D looks like to me. Its only right for it to go to .361 to continue up {image}
well... maybe.. remember though, the market does not have to do anything.. most of the times it does the least expected actually.
  • #864,819
  • Dec 18, 2013 7:56pm Dec 18, 2013 7:56pm
Quoting attila
{quote} well... maybe.. remember though, the market does not have to do anything.. most of the times it does the least expected actually.

oh sure. i don't have any trades open atm
"HEY! Whats all this chocolate on yo face?" - "It's doodoo, babby!"
  • #864,820
  • Dec 18, 2013 8:06pm Dec 18, 2013 8:06pm
For now the sentiment is still long
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"HEY! Whats all this chocolate on yo face?" - "It's doodoo, babby!"
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