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- MagicMan replied Jan 5, 2010
Cant remember who said it but : The market can remain illogical longer then you can remain solvent.
- MagicMan replied Jan 5, 2010
you did well m8 - it wasa fakeout and I had to go have a shower, come back and stopped out
- MagicMan replied Jan 5, 2010
Snap!!! There goes 1.436 like said!
- MagicMan replied Jan 5, 2010
Are we going to break 1.436? I think so because there was very little retraction then!
- MagicMan replied Jan 5, 2010
Nice 1 coke - I didnt see that support line earlier! Thanks for posting the pic. * I actually think there is a possibility atm that we will break that support now = 1:21 pm atm on my clock * 1:25 pm and it looks like it just broke it as said... * ...
- MagicMan replied Jan 5, 2010
Another small wedge has formed on the 5 min chart. Still short like I have said many times Price is in the upper ICS cloud, if it drops more we will see 1H ICS switch strongly bearish and BB will drop fast resulting in a much lower rate in a few ...
- MagicMan replied Jan 5, 2010
well that last upturn was the londoners TP. Now that it went up all the buyers at 1.441 bailed out pushing it down and are now selling so it should break downwards again. Question is if the market has enough liquidity now to take out the limit ...
- MagicMan replied Jan 5, 2010
No you need to plot it manually on a graph. Also elliot wave is pattern not an indicator although I am sure some bots trade off elliot wave (if you mean just identifying it).
- MagicMan replied Jan 5, 2010
Bailed out of shorts - long from 1.4395 - TP at 1.4405 - then will short again! *never mind looks like the retraction will be small so I am short again
- MagicMan replied Jan 5, 2010
He just told me he is upset and doesnt like you posting negative links about him - and your picture needs to lose weight >.< - he has been wrong before though, sometimes maybe alittle? Anyway I and him and me are all short. 1.439 I took profit and ...
- MagicMan replied Jan 5, 2010
Yes he is - he had a tough few days this week but today is making up for it! Hes actually a genius and very manly too. I know him through facebook like said
- MagicMan replied Jan 5, 2010
I am holding shorts for 1.436 TP - This should be a pretty big move!
- MagicMan replied Jan 5, 2010
Looks like Heliocon was right - or I was right, I mean my friend. Anyway hope you guys got in short!
- MagicMan replied Jan 5, 2010
url Ok thats his journal - it got moved to recycle bin once he was suspended (it was in the journal area). I would recreate the thread for him but he wants to do that later. Anyway he helps new traders and ppl from facebook and other forums. posts ...
- MagicMan replied Jan 5, 2010
A wedge has formed on the 15min chart with the hypotenuse facing down - sign of downside breakout. Can I post a hyper link to my friends twitter homepage? Its not for profit he just helps out new traders.
- MagicMan replied Jan 5, 2010
Head and shoulders is still in play - I am short, lets see if it will breakout again since so many longs got taken out earlier. Also as I said before does any senior member know if I can link a twitter account to my post for a friend?
- MagicMan replied Jan 5, 2010
*coughs* nothing to see here >.< stupid blah *mumbles to himself* *edit 2 * Still bearish
- MagicMan replied Jan 5, 2010
Wow that hurt alot
- MagicMan replied Jan 5, 2010
Well I was right - head and shoulders with downside breakout!
- MagicMan replied Jan 5, 2010
Long at 1.441 - still bounced so maybe it will hold? If it is H&S we still have a downside chance. Btw guys can I link a friends twitter page here? He got banned for posting a link (2 points but a 1 month ban for some reason and his thread got moved ...