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- OleMiss replied Dec 16, 2009
I'm learning this lesson right now, terrible call on my part. I just don't see how we're blowing through support levels that have been in place for over 6 months.
- OleMiss replied Dec 16, 2009
Just went long, I can see a 10-20 pip bounce back up off of the support levels here.
- OleMiss replied Dec 16, 2009
I can see it falling to about 4430 where it will hit support from all the way back in July. I'm not sure how high the bounce will be, but I'm planning on going long at around those levels.
- OleMiss replied Sep 17, 2009
exactly. It's a triple bottom, which means we're going higher.
- OleMiss replied Sep 17, 2009
3rd test of 4700 here. I'm hoping it bounces to at least 4750 because I'm long right now.
- OleMiss replied Sep 17, 2009
why would you not recommend anyone else trading forex?
- OleMiss replied Sep 17, 2009
haha I'm not too much older than 18 myself, but I seriously don't doubt the validity of this statement.
- OleMiss replied Sep 17, 2009
votes?
- OleMiss replied Sep 17, 2009
3rd friday of the month where options expire. Historically the market is bearish this week, with the low coming on Wednesday.
- OleMiss replied Sep 17, 2009
also, this week is historically very bearish. The 3rd Friday in September. I predicted a huge sell-off this week but I was incorrect; nothing can stop this market.
- OleMiss replied Sep 17, 2009
very bold. I've lost almost my entire account shorting this thing since around 4300. I'm finally learning my lesson and trading what is HAPPENING rather than what should definitely be happening.
- OleMiss replied Sep 17, 2009
an increase in spending doesn't mean more money is created. The same amount of money is still in the economy, it's just that people are spending it rather than stuffing it under their mattresses.
- OleMiss replied Sep 11, 2009
I'm in short at 4620; it doesn't look like that resistance is going to be broken anytime soon. Also, stocks going lower now. EDIT: nevermind about the stocks, my internet is messing up and my charts aren't updating correctly.
- OleMiss replied Sep 11, 2009
Why do you call that the danger area? 4620ish is some fairly decent resistance and it doesn't look like we're going to break through it. If it gets back up there again I'm planning on shorting.
- OleMiss replied Sep 4, 2009
3rd test of 4320 here and I don't think it's going to make it. Looks like a triple top.
- OleMiss replied Sep 4, 2009
shorted at 4222, which happens to be almost the very BOTTOM of this thing. I left for my 11AM class and came back 150 bucks in the hole.
- OleMiss replied Sep 4, 2009
44 percent right now. it was down to as low as 19 percent a few minutes ago. I started with 28 bucks in a micro account and over the past 6 weeks or so I've turned it into 200. It's not like it would kill me to lose all of it, but it just sucks ...
- OleMiss replied Sep 4, 2009
I'm hoping so. If it falls to the 4280 levels where there is some resistance I can get out with huge losses, but have enough money left to continue trading. I'm just going to ride it out for right now.
- OleMiss replied Sep 4, 2009
yeah it got me. The worst part is, I saw the double bottom from around 9 to 10 yet I STILL decided to go short. I'm hoping it will come back down in the next few days because I'm on the verge of sacrificing my entire account.
- OleMiss replied Sep 4, 2009
Not only did I not get coal, but this is the equivalent of getting a ton of awesome gifts and somebody taking them away a few hours later.