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- MuddBuddha replied Dec 4, 2010
It's as strong as it wants to be. Momentum and sentiment (fear & confidence) will determine if it's a pullback or reversal. EVERY, and I mean, EVERY reversal starts with a perceived pullback, typically followed with some market chop, and then into ...
EURUSD
- MuddBuddha replied Dec 4, 2010
Sssshhhhhh......it's about as UN-PC as you can get!
EURUSDBut it was hilarious.
- MuddBuddha replied Dec 4, 2010
Well, if you do enough web trolling, you can find articles from legitimate "sources" that can sway both ways. CNBC is notorious for posting articles claiming the USD is in trouble by one source and then hedging that claim with another article ...
EURUSD
- MuddBuddha replied Dec 4, 2010
Depending on your point of view, there's not a single crisis anywhere that isn't over. Ours, theirs, their cousin's cousins half sisters..... Best to trade on what you know. Traders make terrible politicians. Just sayin...
EURUSD
- MuddBuddha replied Dec 3, 2010
The market is doing the preying if a gap down hurts that badly.
EURUSD
- MuddBuddha replied Dec 1, 2010
Well, like they say, Rome didn't fall in a day. And realistically, the people who lived in Rome's hayday prior had it pretty damn good. As long as you die before the collapse occurs, it's all good! Historians are gonna blame us for this eventually ...
EURUSD
- MuddBuddha replied Dec 1, 2010
I'm just winging it on the target and following with my stop. If I add on, I'll adjust the stop level to compensate for the additional risk I've added to the position. ( to the positive)
EURUSD
- MuddBuddha replied Dec 1, 2010
Is that 3093 to the downside since we're at 3126 currently? Then allow a pullback and enter to 30081? I'm just using Bollinger, MACD, and ATR myself. Wanna make sure I understood. Ya know that's a terrible name for an indicator. An fu indicator ...
EURUSD
- MuddBuddha replied Dec 1, 2010
I'm still holding a short on the daily. Switched to the hourly for this retrace and hoping to add to the position once I get another short call. If the momentum starts to wane....I'll probably cut and run. We'll see what the other pairs do in ...
EURUSD
- MuddBuddha replied Dec 1, 2010
I did the same for daughters college tuition. Been having some great trades in the last few months though. So far I haven't suffered any SL's. But I've been trading the charts and not really listening to news, analysis, or forum talk. Could be a ...
EURUSD
- MuddBuddha replied Dec 1, 2010
Hell, if the government really cared about the people's economy, they wouldn't have set up the Fed in the first place; allowed savings banks and investment banks to merge; wouldn't have modified the law to accomodate the creation of Citicorp; ...
EURUSD
- MuddBuddha replied Dec 1, 2010
All's going well, how about yourself? Haven't been "threading" much the last couple of months. All the "yakity yack" has a tendency to screw with my tech analysis.
EURUSD
- MuddBuddha replied Dec 1, 2010
Well, in an attempt to combat looming deflation, the governments has been pumping all kinds of money into the economies (i.e. stimulus, bail outs, buying debt). This we know because they've been very public about how generous they have been in ...
EURUSD
- MuddBuddha replied Nov 23, 2010
Considering the range today, I would think you could get a decent counter trade in. Maybe for 40-70 points. Hell, I got in late and still walked away with 172 bps. There's still some downward momentum, but once the market calms down, it will ...
EURUSD
- MuddBuddha replied Nov 22, 2010
Re: KennyZ — The key issue is typically a misread of head fakes, dead cats, and the like. That is usually enough to get the trader stopped out or freaked out - CLOSE - and then the trend continues in the direction you originally thought. Or ...
EURUSD
- MuddBuddha replied Nov 16, 2010
LIKE — We need little "LIKE" and "DISLIKE" buttons for posts. That was a damn fine post.
People say systems don't work (only pure price action does)
- MuddBuddha replied Nov 12, 2010
Quantrain 2.0.u_4.5 — I knew you were going to find that post hilarious. But - as I look into the future - I see that no one will believe me.
Perfect Head&Shoulder in Dow >> Massive Crash Again
- MuddBuddha replied Nov 11, 2010
TICK TOCK. TICK TOCK. I've been waiting in my bomb shelter with bottled water and canned spam! Where's my crash? I was about to start dressing in black leather and a leg brace and cruise the highways for overturned lorrys scavenging for petrol. Oh, ...
Perfect Head&Shoulder in Dow >> Massive Crash Again