EURO USD testing long term trendline support

EURO USD testing long term trendline support - still expecting a deeper retracement

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Comment by Ripan Das on February 21, 2013 at 11:47am

I think from 1.3100 is the good place to rebound

Comment by Peter jcp on February 21, 2013 at 12:02pm

Hi Jet - now you know I like "loaded" charts" with "information overload" - and your charts certainly offer that facility - but this view today took me back to playing  "space invaders" courtesy of Pacman - ie where you shoot the rows of spacemen in rows ;-)) ( your red rows). 

In fact I use to be really good at it and won many contests at my local bar  - so I guess that must be one reason I am into scalping and trying to "filter" out visual info in as short a time as possible.

I agree with you that this area - 3165 -3180 is a key area now - and now other than a tease - just to get more bears in at 3160 - you would expect a bounce and a "players" review to work out the next plan. Set my pending sells under 3150 - just in case it does happen later today though

1.3270-80 is now by main LH for now and ideally another LH should be under 3240

Have a great day - and thanks for taking me back in time to the good old days - 

Regards 

Peter

Comment by JT on February 21, 2013 at 9:59pm

You know I like playing video games... I wonder if that's why I like all the color ;-) btw  space invaders was my favorite

Comment by Sir Gissachance on February 21, 2013 at 10:42pm

Hahaha good answer Jet and how are you btw, long time no see.

Fantastic looking charts aswell.

Best Regards,

Sir Gissachance (PPND)

Comment by JT on February 21, 2013 at 11:26pm

Hi Gis good to hear from you - I'm doing well hope you are too - it's funny I was just thinking bout you the other day - because of a conversation we had a long time ago - and then something I read about objects in motion - everything changes that's life but sometimes I miss the old days in fxstreet chat maybe not as productive but a lot more fun ;-)  

Comment by Sir Gissachance on February 22, 2013 at 12:08am

Dear Jet,

It is great hearing from you too dear fellow. I concur to the good old days with the ol' Team. We used to have a riot and plenty of fun. I am glad you have reflected on some of our conversations and hope you have found them useful. As you know, I have plenty to say about trading, strats, methodology, timing, motion, science etc and of course the 3 Laws but alas these ideas are not featured amongst the masses. Still nevermind eh ? : 0 )

As you are also aware, birds of a feather really do flock together and by the nature of that, we can engaged in conversation, exchange ideas and have some banter amongst friends new and old. To go on from that, if tracking devices are fully calibrated we can avoid then watch the market traps. A shame but thats the nature of this business and not everyone is coming out smelling of roses. ( Click here for not smelling of Roses )

Best Regards,

Sir Gissachance (PPND)

Comment by JT on February 22, 2013 at 1:44am

"Life is a Journey and Not a Destination - Trading is a Journey and Not a Destination" -  Goldfinger   I couldn't agree more

Comment by Sir Gissachance on February 22, 2013 at 1:51am

Thank you Jet and I will pass on your appreciation to our Great and illustrious leader, the great man himself, whom is simply and very humbly known by his dear friends as "Goldfinger" ; 0 )

Sir Gissa ........ Out  !!!!!!!!!!!!!!!

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