The Pit

[weissdawg]

Yeah Mick...I never got out from the entry earlier

Have a good weekend everyone.

[freelancer2k]

Hope this help:

[weissdawg]

Well Freelancer, does it help you?
I don't see how, but I'm definitely willing to hear how it helps you.
Seriously, please explain what exactly your noticing in that analysis.
I am open-minded and just trying to get insight to what you might be thinking.
I will be posting my own thoughts and reasons more as this thread continues.

[Gomer]

Howdy yall. I jist got waked upp bye my flickerin red light. Dang thang's been flickerin since Friday. It sez in the manual on page 586 that that meens that prices are gonna go a lot lower. I guess I dun got banned fur a wile, but I'm back now. Yall stay tuned now ya hear? I'm gonna be providen sum analisis sune enuff, don't ya worry.

[MickMason]

Originally Posted by Gomer

Howdy yall. I jist got waked upp bye my flickerin red light.

Is that your 'other' job? I've heard it has it's ups and downs, bit like forex I guess...

[weissdawg]

Hello traders.....I'm still short and watching to see how prices react to the fib. retracements from 1.2706 to 1.2860. I'm looking for persistency in the decline to keep me in it.

[marketwavez]

OK WEISS ..............

HMM THE PIT ? ........................SAW THAT SOME PLACE RECENTLY ?


HERE'S MY TAKE ON THINGS .........(Short term )

STEADY NOW .......

I think we get some kinda rally - if 2780 holds as support

Here is my trade setup ( 15 pip risk) ................
looking for a 25 to 30 pip gain ......................

BUY EURO 2795-2810 ...... STOP 2782 .................TARGET 2842-50


Here is the trade result ..............
See the word file below

[weissdawg]

Welcome Marketwaves to the thread.....

I'm still short, and so far prices have been persistent. They just blew past the .618 retracement. Let's see if the .764 retracement at 1.2740 can attract any buyers. So far I like what I'm seeing, though, as the waves look to be toppling over each other. For those not already short, I'd wait for a decent pull-back to enter. Not sure when that pull-back will take place, but there will be opportunities sonner or later.