Hey, Parv, remember the last time you ranted about the death of the dollar? The "fat lady ain't done singing yet" so be careful. This may only be a bear market rally. In E/W terms, a "C" wave, which is where most think the "New Bull" is here. To that I would say, "Yes, the bull is here". And when the Bull stops the bull will show.
Remember, it's a game of the lesser evil. Money will flow to the least krappy (will that get pulled?) place.
TAfool
Charts are never wrong, but the chart reader often is.
Ive heard it all before plenty of times, including from yourself and others on the forum. The US is in a state of perpetual decline, turning into a third world dump consisting of a few kleptocrats and masses of worthless working class slobs. The era of the Asian Domination is here and there's nothing we can do except sell everything and move to the moon.
Maybe we should impose a fat tax so all the obese people can pay their own medical expenses as they age to control the budget deficit. Why should people who work out every day and stay in shape pay for 90% of the country headed for diabetes in their old age?
I was trying to be a little humorous... really, do you want to trade with the perspective that one country or another is in a state of perpetual decline?
Sometimes being in the office has its drawbacks. I would say that today was one of those. Missed all the movement! However, I bet we can expect the same to a degree on the Asian open. Any takers?
Russians off-loading USD/RUB, am short. Buying EUR/RUB like crazy. Just went long before it goes crazy up.
Hi, Tigger.
You are the tigger. Sometimes, you roar. I know you're right. You play currencies for long-run. Please, write some words in general to explain your strategy or your reasons.
Thanks
have a good day.
Now, I'm going to work.
See you again.
Hey, Parv, remember the last time you ranted about the death of the dollar? The "fat lady ain't done singing yet" so be careful. This may only be a bear market rally. In E/W terms, a "C" wave, which is where most think the "New Bull" is here. To that I would say, "Yes, the bull is here". And when the Bull stops the bull will show.
Remember, it's a game of the lesser evil. Money will flow to the least krappy (will that get pulled?) place.
I was trying to be a little humorous... really, do you want to trade with the perspective that one country or another is in a state of perpetual decline?
yeah, I picked up on your humor...it was HILLARIOUS...thought I would add to it....ROFL!!! You are cracking me up!
I just gotta ask you this question. I wanted to ask for the longest time. your avatar.... Plz don't tell me that is the actual you.... when i c u posting and looking at your avatar, i don't seem to know how to react.. Looks like you are scared of trading.... then i hear you make analysis and taking few pips and not waiting for the gravy train to load you up for the walk to the bank.........
Seriously no offense but asking you the story behind the avatar... I hope I'm not offending you in anyway... why am I asking you now, no idea, but because i have maybe 7-8 longs in swissy ( I'm not opening up the station so i don;t want to avg down any further............atleast not for the day, will wait for the NFP.... hehehehehehehe...............) no seriously I'm terrified of the blunder i have made and place myself in a situation that i actually might be looking just like your avatar........... Maybe that is the reason I'm asking you now............... Or maybe I'm seeing myself when I look into your avatar...
but if you want to maybe explain the avatar---- good, if not, even then it is good.......
now back to the trading............WOOOOOOOOZZEEEEEEEEEEEEEEEEE.....
WHO LET THE DOGS OUT................. Is this for real... If the bear trend persists, can there be a rally like this... opening to see and thought euro might have retraced down to prolly 2410 region, but no, it is not the case....
1.25+ and still enthusiast about further gains.. 2618-25 may just hit out today.... Guys, did we have a good trading volume or was it the off period and some one got cocky and ripped them stops out....
I hope Bill was not in for the slaughter...........
Colly I hear you............ that was lady luck shining on me to bail out on euro at about 40 pips and bail out on gbp for 27 or so pips... this ride would have definitely killed me otherwise........ OH SWISSY............ this is the last time i traded swissy......... no wonder I don't pay any attention to it...
I will definitely pull the trigger on the swissy if it goes some more distance as getting entangled in this situation is impairing with my decision making on other pairs............ when was the last time i got caught off in such a mess.. Yeah... its been long, way too long and now I'm been reminded a lesson or two combine............LOL........ double Jeopardy --- Combo punches...
no seriously, i feel for all of you who got caught today and Congrats to all those who held on to their gains and rode this wave up...........
good luck ppl............... and Marty.......... no pun intended.... It's just that i saw my reflection or how i feel at the present.... Hit on this pair would wipe my last 2 weeks gains, and any further more... lets just say, hopefully it won't come to it.... though i understand no room for hopes and wishes in this beastly mkt..............
Take Care guys......... Prolly not trading till I can sort my current situations out and wanna come back with a fresher mind.......... I simply refuse to believe I was not in the ride on euro..............
GL....................
Last edited by stryker; 07-01-2010 at 11:16 PM.
Patience is virtue. The sooner we learn this all, sooner we can start walking to the bank. Good Luck to all of us
The trick is to wait the price meet ur limits, instead of one jumping in.. however scalps is a totally different scenario and is not everyone's cup of tea
Disclaimer: I'm not at all suggesting trades when by either posting the graphs, or my entries. You can view it, but in the end you have to use your own logic and approach, as there is no certainty about this uncertain market...
I just gotta ask you this question. I wanted to ask for the longest time. your avatar.... Plz don't tell me that is the actual you.... when i c u posting and looking at your avatar, i don't seem to know how to react.. Looks like you are scared of trading.... then i hear you make analysis and taking few pips and waiting for the gravy train to load you up for the walk to the bank.........
LOL! His avatar is a character from a movie called "Office Space". He was a weirdo-wormy guy who had his stapler taken from him by his boss. He would always say "I believe you have my stapler". The character's name is "Milton". Needless to say, he burns the building down in the end, haha!
LOL! His avatar is a character from a movie called "Office Space". He was a weirdo-wormy guy who had his stapler taken from him by his boss. He would always say "I believe you have my stapler". The character's name is "Milton". Needless to say, he burns the building down in the end, haha!
hmmm.. Like Sam Lloyd on Scrubs... LOL...
oh don't look, new highs popping in as I write...
I watched couple of episode for Office Space, must have miss that character....
GL...
Patience is virtue. The sooner we learn this all, sooner we can start walking to the bank. Good Luck to all of us
The trick is to wait the price meet ur limits, instead of one jumping in.. however scalps is a totally different scenario and is not everyone's cup of tea
Disclaimer: I'm not at all suggesting trades when by either posting the graphs, or my entries. You can view it, but in the end you have to use your own logic and approach, as there is no certainty about this uncertain market...
Yeah I'm watching this thing drift. Looks like our first high for the day is a bit lower than yesterday's high but with moves like we saw at the London open yesterday who knows what could happen. Currently, I'm favoring the long side but am remaining flat.
Edit: Support seems to be strong at the uptrend line at the base of yesterday's hike up. Drifting up and up right along that line, lol.
I watched couple of episode for Office Space, must have miss that character....
It was a movie, not a show. Go to youtube and type in "I believe you have my stapler" lol, you'll see.
hmmm.. Like Sam Lloyd on Scrubs... LOL...
oh don't look, new highs popping in as I write...
I watched couple of episode for Office Space, must have miss that character....
GL...
Euro just might have found the resis around 2540-50..
Higher to it and besides the fib junction b/w 2618-28, it is 2710 on the horizon in coming days..
Detailed charts including the break out points...
2368-82 is supp which i think will hold....
Gl...
Patience is virtue. The sooner we learn this all, sooner we can start walking to the bank. Good Luck to all of us
The trick is to wait the price meet ur limits, instead of one jumping in.. however scalps is a totally different scenario and is not everyone's cup of tea
Disclaimer: I'm not at all suggesting trades when by either posting the graphs, or my entries. You can view it, but in the end you have to use your own logic and approach, as there is no certainty about this uncertain market...
Yeah I'm watching this thing drift. Looks like our first high for the day is a bit lower than yesterday's high but with moves like we saw at the London open yesterday who knows what could happen. Currently, I'm favoring the long side but am remaining flat.
Edit: Support seems to be strong at the uptrend line at the base of yesterday's hike up. Drifting up and up right along that line, lol.
It was a movie, not a show. Go to youtube and type in "I believe you have my stapler" lol, you'll see.
True, I meant The Office starring Steve Carell.....
Buying, I would rather wait a break of 2545-50 to get in... Just a feeling...
You might wanna chk the charts i posted....
GL...
Patience is virtue. The sooner we learn this all, sooner we can start walking to the bank. Good Luck to all of us
The trick is to wait the price meet ur limits, instead of one jumping in.. however scalps is a totally different scenario and is not everyone's cup of tea
Disclaimer: I'm not at all suggesting trades when by either posting the graphs, or my entries. You can view it, but in the end you have to use your own logic and approach, as there is no certainty about this uncertain market...
It took that long to analyze the charts.. didn't realize it dipped to 2510 in a flash...
GL...
Patience is virtue. The sooner we learn this all, sooner we can start walking to the bank. Good Luck to all of us
The trick is to wait the price meet ur limits, instead of one jumping in.. however scalps is a totally different scenario and is not everyone's cup of tea
Disclaimer: I'm not at all suggesting trades when by either posting the graphs, or my entries. You can view it, but in the end you have to use your own logic and approach, as there is no certainty about this uncertain market...
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Originally Posted by Parviz
