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OT, Replacing my 6yr old computer today, an old dell pentium4.
http://www.bestbuy.com/site/Asus+-+Essentio+Desktop+with+Intel%26%23174%3B+Pentium%26%23174%3B+Processor/9699016.p?id=1218152460479&skuId=9699016
On Friday I have a 32" combo TV monitor coming to go with it!! Can't wait
Good morning Omar, seems our shorts are relaxing somewhat, I should be adding but just a little nervous.
Hope you guys ar right about EU, I fell asleep this morning with a short open and no SL, down 130 pips!! :(
And if you scalp, be sure to scalp in the direction of the main trend!!
Today will be a perfect oppotunity to turn all machines off and enjoy the day. In 3 hours everything will shutdown unitil NZ nes, 4:30PM and AUD news 7:30PM. JMO
This talk of 3/35 is intriguing, I depend on SSD 5,35 and CCI 35 to cross threshold lines to give me buy sell indications. My numbers came about by doing lots of backtesting on the charts and they have worked quite well for me when I pay attention to them.
Penniies, that GU chart is a spitting imageof the EU 1H chart!
What I was trying to determine is if people use just the "classic" calc or use "fib" calc when using in conjuntion with fibs
Here you go pennies
http://www.fxstreet.com/forex-tools/pivot-point-calculator/
I use this site to calculate pivot's and S/R points. I also use Fibs.
This site offers 4 types of calc, including classic and fib. The fib results are in a tighter range than the classic by about 100 to 200 pips.
Any body else out there use the fib calc if you are using fibs on your chart! I am using the fib calc
I just did, not sure why, already killed my week, just can't keep the finger off the trigger I guess! LOL
Omar, does that mean your forex ics closed or you just think gu will stay flat for the rest of the day?
WOW, what a spike on consumer confidence, glad my short hit TP just before that!! EU
Hey there FBS, how is it going?
Thanks for the EU Gartly. The sweetheart was my ATM overnight, still playing it (SCALPING) and expect 3500 sometime this morning
Don't forget DOW futures are in the tank right no, -52
ST, that news must have been written before the China news came out! EU likely to hit 3500 today!
I love working the night shift! Great night for EU shorts. Didn't even get a chance to check other currencies.
Hope you guys all have a good trading day.
12 Feb 7:00:17 AM GERMAN GDP COMES IN AT 0.0% (q/q) AND -2.4% (y/y) VERSUS CONSENSUS OF 0.2% (q/q) AND -2.2% (y/y)
Excellant work pennies, very nicely put together. That is a keeper for me!
Could you show a chart with that setup for EU please? TIA
You guys know there is no Tokyo tonight I am sure. Just a reminder, nest session, London
got myself stuck at 3650, it will come and more i think
Hi Omar, looks like EU woke up as you were typing!
Hey pennies, nice trading today.
Let me know what you think of this 4hr EU chart please.
From what I see if it fails to break the 1.3850 area then a reversal should happen and go below 1.3500. On the other hand if it breaks that area, .618fib, then a test of 1.4000 area might happen.
I have been getting help with the numbering by looking at the charts on EW.com. This looks good for a completion of this 4th wave, there are 5 mini waves within it I think.
9 Feb 4:58:47 PM FT Deutschland Link via google translate on exclusive story: http://bit.ly/9BwimQ
News and rumors about Greece bailout, markets are going crazy
I think the concensus is that EU will not allow any country in the union to default.
There have been moves in EU and GU but I don't think they are legit. Tues will show a better trend I think
That is some scary stuff ticket! Lord knows what will happen to fx as a result!
Nice going Omar, just waiting for my turn ! LOL
EU just turned quickly on me so I too have some red on the chart!
Good morning Omar, I guess I am with you, doing the nightshift over here. Scalping the good old EU shorts, made 50% of the daily goal so far!
Thankyou very much pennies!
SG, I get this message......
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Stargate, I lost over 2K the other day, by accidently hitting a "sell all open orders" button,
I jumped back on the horse, got a littls aggressive, and within 2 1/2 days have recovered over 75% of it.
I stick to 1 currency and learn all I can about it. You can do it mate!! Best of luck to you.
SG, I will be around and watching I hub, I would appreciate being in on what you guys do. If that is OK.
I guess pennies just got his EU buy @ 1.3600!! Unbelievable drop again! Crazy friday