EJ out @ - 20 points. CAD, GU, GJ are still good.

High velocity trading

GJ TP update - take profits @ 133.60. GU take profits @ 6260 SL at break even at any rate.

High velocity trading

image hey guys that fella fibonacci was one ugly SOB, what do you reckon? that kinda thingy on his head is that supposed to suggest that he was a member of al qaeda or something?

The WoRmHoLe

The only thing going higher in US is the Endeavour space shuttle. me thinks that dollar bulls abandoned the ship before launch sequence. image

The WoRmHoLe

there is not trap dollar is going down. core durables will be lower good explanation on bloomberg (although they do get it wrong most times, this time around reasoning is solid)

The WoRmHoLe

previous EJ not triggered, GU and GJ stopped at BE new orders @ market price SL 20 TP 120 long GU current 6190 short CAD current 9784 long GJ current 132.87 long EJ current 115.57

High velocity trading

yeah same deal on RSI actually, went above 70 and now dipped below 50, it's not looking good for the USDX now. Which kinda gets me back thinking long AUDUSD, GU looks tempting as well now.

The WoRmHoLe

ok now it does look like the dollar is slipping, GJ short was stopped out @ BE. image

The WoRmHoLe

It depends on how you plot your lines, for every action there is a reaction, currently PA on GU is described perfectly by modded fork, and we are stuck @ ML, yes we can go higher for a little while, but downside targets are more visible @ 5800 and ...

The WoRmHoLe

loonie short sell @ market SL previous high TP + 60 + add @ 9737 TP + 40 reason - PA rejected @ MR2 and WR1 price headed for weekly pivot at least @ 9720

The WoRmHoLe

HTF all the way guys, GU hit bankers zone of the previous major high-low swing, that kinda means that on GU a high for the year was set, now more downside will be available and GU will likely range between 5000-6800 through the 2011. While the high ...

The WoRmHoLe

iPad is actually a great gadget, I use it to read books also use it for work purposes for task scheduling, mind mapping and I got a decent app, which is hooked up to our mainframe in the company to view live streaming video from our oil fields - ...

The WoRmHoLe

Charles we got an insider here in our group, I think he should come forward with those numbers right now!

The WoRmHoLe

That sounds like a good plan!

The WoRmHoLe

Charles me figures GU is going to 6060.

The WoRmHoLe

Sailor, what do you think of that scenario for loonie? I think it's prepping to take a chance at cracking recent highs and take out monthly resistance. edited: alternatively if we get rejected with H4 hammer @ monthly resistance probably can look to ...

The WoRmHoLe

Hey Azim, nice deal there, new Galaxy Tab, so what about apps and games for that platform, does that compete well against AppStore? My sister got a bday soon so I might grab one of these instead of the iPad.

The WoRmHoLe

Sailor the deal that I don't like about audusd is that it's done it's AMR already, so in terms of simple R:R upside is looking much better now, it doesn't mean we don't have any downside left, in fact weekly we still got 100+ pips left on the ...

The WoRmHoLe

Hey Sailor, good stuff, now the EU and GU just need some pushing. Hopefully some major hedge fund is placing short orders below 4000.

The WoRmHoLe

Dario I think EU is finally gonna clear the 4000 level today, momentum is building up.

The WoRmHoLe