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  • #1,022,621
  • Aug 26, 2015 8:23am Aug 26, 2015 8:23am
Dow up 370 points in premarket...I have a funny feeling it will lose traction by the end of the trading session.
Why sell the bottoms when you can buy the tops...
  • #1,022,622
  • Aug 26, 2015 8:28am Aug 26, 2015 8:28am
Quoting JustAndy
Dow up 370 points in premarket...I have a funny feeling it will lose traction by the end of the trading session.
I'm driving home currently... When i saw what you wrote... I was laughing so much about losing traction.. Thanks god i didnt lose traction while driving
  • #1,022,623
  • Aug 26, 2015 8:30am Aug 26, 2015 8:30am
Quoting gatorinla
{quote} ej and eu dropping... euro loosing across the board... those redemptions are shrinking.. they aren't even buying gold anymore.. borrowed euro are sitting in cash or returning to banks.. demand seems to be weakening.. less euros coming back home
So looks like money is in shorting. Won 2, lost 4 trades today. bad day for me
  • #1,022,624
  • Aug 26, 2015 8:30am Aug 26, 2015 8:30am
oh and buying USDCHF target .9670
  • #1,022,625
  • Aug 26, 2015 8:32am Aug 26, 2015 8:32am
Quoting Ross88
{quote} hi how long do you stay in for I came out at 1.13924 on a lost just asking coz your a real trader im still a dome guy how did you go about it
I got out @ 1448 for -13 as per the SL on the chart

there was no point hanging onto it once it moved to a new lower price because my entry assumption was that the level might hold as support and a new low price proved my assumption wrong so no reason to still be in.
  • #1,022,626
  • Aug 26, 2015 8:32am Aug 26, 2015 8:32am
Quoting JustAndy
Dow up 370 points in premarket...I have a funny feeling it will lose traction by the end of the trading session.
You probably are right.
  • #1,022,627
  • Aug 26, 2015 8:33am Aug 26, 2015 8:33am
looking for short scalps i can b.e. and hold as many as possible, with only the latest at risk until, b.e. is set.
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those who can, do. those who cant, talk about those who can
  • #1,022,628
  • Aug 26, 2015 8:39am Aug 26, 2015 8:39am
Quoting aahmad29
{quote} Bearish target hit. 1 trade is closed at Net Profit. Now Profit session ends and breakeven session starts. I will try to close my trades at Breakeven or profit. My new targets are below: Bullish Target = 1.1550 Bearish Target = 1.1350 (I would like price to hit this target to avoid losses) It does not matter where price go, I will track it like 007 {image}

Bearish target hit. 12 trades are closed at Net Loss.

My new targets are below:

Bullish Target = 1.1450
Bearish Target = 1.1250

It does not matter where price go, I will track it like 007
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Love for all; Hatred for none.
  • #1,022,629
  • Aug 26, 2015 8:41am Aug 26, 2015 8:41am
Quoting gatorinla
looking for short scalps i can b.e. and hold as many as possible, with only the latest at risk until, b.e. is set. {image}
I tried that also, didnt work too well for me.

What do you think about my 1st and 2nd support levels on 1hr chart. Do they seem correct?

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  • #1,022,630
  • Aug 26, 2015 8:44am Aug 26, 2015 8:44am
Quoting Rockerzeus
{quote} Do you also consider 1.3465 which is 1.101x to 1.171x mid?
i got 2470 here..i missed a pending at 1716.. mid point 1717.. norm 0963.x....

pull a fib from the high to 0963.7

i am brain dead atm give me a reference for 3465 1.101
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those who can, do. those who cant, talk about those who can
  • #1,022,631
  • Aug 26, 2015 8:51am Aug 26, 2015 8:51am
Quoting gatorinla
{quote} i got 2470 here..i missed a pending at 1716.. mid point 1717.. norm 0963.x.... pull a fib from the high to 0963.7 i am brain dead atm give me a reference for 3465 1.101 {image}
Sorry my bad, I am brain dead obviously. Typo. 1.1364 not 1.3465
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  • #1,022,632
  • Aug 26, 2015 8:59am Aug 26, 2015 8:59am
Quoting gatorinla
{quote} t do me a favor and time ecb easing with dax levels
Good idea!
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  • #1,022,633
  • Edited 10:12am Aug 26, 2015 9:04am | Edited 10:12am
off topic(EU)...
Gold is exactly at 50% retracement from the huge 20/Jul to 24-Aug up move, and a stochastic bullish divergence is "almost" triggered on the 4H chart.
very risky as it's a counter trend setup, in the much volatile gold!
Will go for it with a tight stop loss below the 61% ret, hopefully that scalp will turn out to be a winner for me

Edited: start date of the up move which retracement is calculated with respect to.
  • #1,022,634
  • Aug 26, 2015 9:05am Aug 26, 2015 9:05am
Buying here for sure Fed cannot raise rates in September, price will be around at least 1.15 levels possibly higher come september. 3 month target is 1.18 for me.
  • #1,022,635
  • Aug 26, 2015 9:13am Aug 26, 2015 9:13am
Quoting gatorinla
{quote} i got 2470 here..i missed a pending at 1716.. mid point 1717.. norm 0963.x.... pull a fib from the high to 0963.7 i am brain dead atm give me a reference for 3465 1.101 {image}
Bro , what about Gold? am long at 1123....
  • #1,022,636
  • Aug 26, 2015 9:15am Aug 26, 2015 9:15am
Looks like some bearish dynamic pressure on 5m EU chart. I'm targeting 1.13.
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defense wins championships
  • #1,022,637
  • Aug 26, 2015 9:19am Aug 26, 2015 9:19am
No Discussion Of Economic Outlook In Bill Dudley Speech
http://www.zerohedge.com/news/2015-0...ntion-turns-qa
  • #1,022,638
  • Aug 26, 2015 9:21am Aug 26, 2015 9:21am
Quoting Karpa
No Discussion Of Economic Outlook In Bill Dudley Speech http://www.zerohedge.com/news/2015-0...ntion-turns-qa
Sounds like the FED to me...a whole lot of NOTHING. Dollar rally is over... Its become evident the FED does not act indepdently from the financial markets/Wall Street. It's all one and the same. There is no "free market".
  • #1,022,639
  • Aug 26, 2015 9:21am Aug 26, 2015 9:21am
i got high hopes

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  • #1,022,640
  • Aug 26, 2015 9:24am Aug 26, 2015 9:24am
Quoting thegmann
{quote} Sounds like the FED to me...a whole lot of NOTHING. Dollar rally is over... Its become evident the FED does not act indepdently from the financial markets/Wall Street. It's all one and the same. There is no "free market".
we have to wait.. something must come out sooner or later
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