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  • #896,201
  • May 8, 2014 10:23am May 8, 2014 10:23am
good luck guys. see you tomorrow.
  • #896,202
  • May 8, 2014 10:29am May 8, 2014 10:29am
DXY volume on pace for an 8 month high.... all we needed was a push to steamroll the china buyers
Twitter: @TrendersGame
  • #896,203
  • May 8, 2014 10:30am May 8, 2014 10:30am
Quoting Petiedawgs
{quote} And my point is its quotes like this, which I ask does it do anybody any good. ScalpLikeMe does this actually help you in your trading making these types of statements?
I am sorry, but your name sounds like petite dogs
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #896,204
  • May 8, 2014 10:30am May 8, 2014 10:30am
Well EU has accumulated at the last daily support.... Mmmmmm I wonder now if they give us one long candle down before the bounce back up.
Keep your Pip-drawdown low. That is the key to using high equity + high lev
  • #896,205
  • May 8, 2014 10:33am May 8, 2014 10:33am
Quoting ffleo
{quote} I am sorry, but your name sounds like petite dogs
That's not so bad better than the nickname I was given on my hockey team. I will not divulge.
  • #896,206
  • May 8, 2014 10:35am May 8, 2014 10:35am
Quoting Citiboy
shortd 13950, sl 3985

Quoting Citiboy
covered some at 3895, quadrupled shorts at 3910, SL 3955. Target 3700. daily chart looks nasty double top now
Heading out. putting bids to cover 1/8th of shorts at 1.3805. If triggered putting in offers at 1.3845. Want to see if we cant get into sell the rally mode.




trying to get positioned for move to 1.3000 to make a few hundred grand.
Twitter: @TrendersGame
  • #896,207
  • May 8, 2014 10:38am May 8, 2014 10:38am
Do you see how the EUR/CAD AND EUR/USD is riding the blue ma line. (Ma 10) Well before we get a retrace back into pivotlandia it will make one more spike down. This formation of riding the ma 10 after a spike like this almost never results in a retrace without testing the low.
Attached Image (click to enlarge)
Click to Enlarge Name: riding.PNG Size: 30 KB
Keep your Pip-drawdown low. That is the key to using high equity + high lev
  • #896,208
  • May 8, 2014 10:42am May 8, 2014 10:42am
Quoting PipsMaster23
Im interested to see where the daily price will close.... IF we manage to get back above 1.39 level then my target for my long will be 1.4070
forget about long for a moment. The up spike was forcefully reversed. It will be down for some time
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #896,209
  • May 8, 2014 10:49am May 8, 2014 10:49am
Quoting rehorst
Thanks to Ffleo for sharing this Fib pattern. {image} It played out today. Thanks Ffleo! You helped me get some pips. {image}
glad you made pips. But I did not play euro. holding shorts in cable. that bitch is so stubborn; euro dropped, but that bitch barely moved.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #896,210
  • May 8, 2014 10:52am May 8, 2014 10:52am
Quoting rehorst
Thanks to Ffleo for sharing this Fib pattern. {image} It played out today. Thanks Ffleo! You helped me get some pips. {image}
by the way, one of your fib is wrong. it should be 78.6, not 76. Another useful fib is 88.6
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #896,211
  • May 8, 2014 11:01am May 8, 2014 11:01am
Quoting Citiboy
{quote} {quote} Heading out. putting bids to cover 1/8th of shorts at 1.3805. If triggered putting in offers at 1.3845. Want to see if we cant get into sell the rally mode. trying to get positioned for move to 1.3000 to make a few hundred grand.
It is going to take a long time to get there
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #896,212
  • May 8, 2014 11:06am May 8, 2014 11:06am
Quoting ffleo
{quote} I am sorry, but your name sounds like petite dogs
Can I ask you something? Shall I pm you?
Cheers.
We watch the charts from every angle so you don't have to!!
  • #896,213
  • May 8, 2014 11:10am May 8, 2014 11:10am
Quoting ffleo
{quote} glad you made pips. But I did not play euro. holding shorts in cable. that bitch is so stubborn; euro dropped, but that bitch barely moved.
been holding a short on cable for about 3 days already but it still would not drop.. seems like nothing can take it down..

Any advise?
  • #896,214
  • May 8, 2014 11:14am May 8, 2014 11:14am
I keep the idea that EURUSD (daily) remains very bullish. I think the last peak does not belong to an impulse wave, but belongs to a corrective wave (B). 'll Watch in lower timeframes, looking upward turn.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd b alcista2.PNG Size: 103 KB
Check your emotions. How are you?
  • #896,215
  • May 8, 2014 11:14am May 8, 2014 11:14am
Quoting ffleo
{quote} glad you made pips. But I did not play euro. holding shorts in cable. that bitch is so stubborn; euro dropped, but that bitch barely moved.
Be Yourself... Prof it
  • #896,216
  • May 8, 2014 11:15am May 8, 2014 11:15am
Quoting pengjunwen
{quote} been holding a short on cable for about 3 days already but it still would not drop.. seems like nothing can take it down.. Any advise?
Pound is in a very good position to short (If you did off MR1) however you might have to be patient.
1.618 ext daily + divergence daily and off Monthly R1
I wouldn't marry any position though.
We watch the charts from every angle so you don't have to!!
  • #896,217
  • May 8, 2014 11:23am May 8, 2014 11:23am
Quoting Citiboy
EURJPY going to be tough to get support on the JPY side as long as equities stay bid. looks like SPX is trying to push to a new high.
first time ever since early 2013 of a sign to break yen support. Next to break 140, and next 138. Probably the trend is going to change from here for euro. ECB did a good job now

Attached Image (click to enlarge)
Click to Enlarge Name: EJ - i7860-TDA_205.png Size: 339 KB
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #896,218
  • May 8, 2014 11:23am May 8, 2014 11:23am
Quoting pedro319
{quote} Pound is in a very good position to short however you might have to be patient. 1.618 ext daily + divergence daily and off Monthly R1 I wouldn't marry any position though.
thanks but the main issue is the overnight swap charges that I am paying to keep the position. thinking of closing it out and reshorting it again.

was wondering where do you guys see the trigger point/price before it declines
  • #896,219
  • May 8, 2014 11:25am May 8, 2014 11:25am
Quoting ffleo
{quote} first time ever since early 2013 of a sign to break yen support. Next to break 140, and next 138. Probably the trend is going to change from here for euro. ECB did a good job now {image}
you can bet that a lot of Japanese funds wanted it to bounce off that support line, but it was forcefully put down the line.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #896,220
  • May 8, 2014 11:29am May 8, 2014 11:29am
Quoting pedro319
{quote} Pound is in a very good position to short (If you did off MR1) however you might have to be patient. 1.618 ext daily + divergence daily and off Monthly R1 I wouldn't marry any position though.
also weekly divergence for cable. Need to be patient to play weekly divergence and play small positions for large pips.

PM welcome.
ignore wackos and psychos, including myself. But I can't add myself to iggy
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