Busy Day Tomorrow

[Anna-Maria]

	Quote:	cowpip
	You want to be as close to the leader sheep as possible. Too close or too far from the leader, and the wolves will gladly pick you off.

Either the wolves or a severely confused Andre....that's if he can remember which pair he's supposed to be hammering

Hey Cary,

My brother informs me your buddy (Jack) is trading out of Hawaii these days? I assume he’s rolling FX?

Is he being bankrolled by Frank Pooley’s outfit in Honolulu? Buk didn’t elaborate or say as much.

Good for him, he must have caught Big Frankie on a good day. He’s a miserable son of a bitch at the best of times.

[cowpip]

	Quote:	torero
	Apparently my target didn't even make it to 1.9620 before it went the other way and hit my stop. I had a small position on since I saw GBPUSD was not doing much except going the other way, which I didn't like that too much. Thanks, guys.

Sorry to hear that, Torero. The saving grace is the small size, which was wise (imo) considering the whippy nature of price at those levels. Price is quite "springy" down there, isn't it?

[cowpip]

	Quote:	Anna-Maria
	My brother informs me your buddy (Jack) is trading out of Hawaii these days? I assume he’s rolling FX?

G'day, Anna!

Yep, he's still rolling FX. He hasn't been able to roll full-time though, until now. He just arrived (this week, in fact) and has picked out a nice place to stay with an ocean view while he rolls his coins. I'm not sure of the other details you've asked about. He's quite excited about it all.

I'd be packing up and choosing a shack somewhere warmer too, but my kids would mutiny! I won't trade family sanity for scenery (at least, not yet).

[Art Krantz]

	Quote:	milliard
	Prices flopping into Krantzy’s lower tier (from post #8) which should now act as a soft ceiling if we get a healthy close into the lower sixes down here. Time to get your 1.94 calling cards located children, playtime is looming!

That ceiling will be softer than usual this morning judging by the London boy's reaction to the Merrill news.

Aggressive buying on this pair into the open from Mid-East accounts should drive it (& GY in sympathy) thru the layered stops. Intraday specs & fast money stops continuing to get whacked on this 2 way ratcheting.

Who'd be a short range player in this environment?

Looks like your defenders are out in force this morning Andre. Rain check on the 9400

[milliard]

	Quote:	Art Krantz
	Aggressive buying on this pair into the open from Mid-East accounts should drive it (& GY in sympathy) thru the layered stops. Looks like your defenders are out in force this morning Andre. Rain check on the 9400

Well Mr Krantz, I'd much rather have mercurial Mid Eastern compadres stomping point than a raggedy assed russky twitching & balking at the first signs of supply.

Successful assault & coverage of 9720 see's the color of 775, otherwise your ceiling holds for now.

I couldn't resist posting Jimmy's technical masterpiece here abouts He must have sneaked 2 extra large mugs of caffeine into him as Tokyo stoked up last night (+ he aint a member here, so he can't fight back heheheh).

Shame it took place during the Jap doldrums, not a bad little flip even for him!!!!!

[Anna-Maria]

	Quote:	milliard
	I couldn't resist posting Jimmy's technical masterpiece here abouts He must have sneaked 2 extra large mugs of caffeine into him as Tokyo stoked up last night (+ he aint a member here, so he can't fight back heheheh).

You best watch your step cowboy, Jimmy has a buddy on here who just happens to pack a little (moderator) muscle!!

Aint that right torero?

He's equipped to fire your ass directly to the sin bin for a stretch if you go disrespecting his buddy in public

Besides, that flip is still floating & registering profits, headed for his upper reaction level as we speak!

See how this current hourly bar plays out on that ugly old Cable. You might have some more defending to do at the days lows yet mister!

[Anna-Maria]

	Quote:	milliard
	Successful assault & coverage of 9720 see's the color of 775, otherwise your ceiling holds for now.

You boy's got your 775, time for a smoke now ahead of our (U.S) inflation numbers.

Yen Bulls getting repelled at those sub 100.75 stops for now. NY appetites might be a little juicy for those along with that batch atop 9850 on your Cable upline.

See those French windbags cackling to the wires again this morning as EU blows thru 5875. Do they seriously suppose we're as stupid as them??

[torero]

	Quote:	milliard
	I couldn't resist posting Jimmy's technical masterpiece here abouts He must have sneaked 2 extra large mugs of caffeine into him as Tokyo stoked up last night (+ he aint a member here, so he can't fight back heheheh). Shame it took place during the Jap doldrums, not a bad little flip even for him!!!!!

Keep posting, Andre, I'll just copy and paste PMs to him on fxstreet

Wow, new high for EU again, not surprised it was a matter of time. Been watching the ascending triangle forming since mid-March, now to make a decent entry...

[milliard]

	Quote:	torero
	Keep posting, Andre, I'll just copy and paste PMs to him on fxstreet

He's long gone from across there torero, Mr Krantz has him on a tight leash these days

No, he's a smart fella is Jimmy. I can't hold a candle to his technical ability & that's a fact.

He'll be nodding affirmatively when he spies that nice clean graph of yours I'd imagine. He might suggest you bin that weird looking angular line on there, but you'll get a box of candy & triple malt for your horizontal markers for sure

Horizontal markers are the bitches britches as he say's

[torero]

Yeah, I've noticed over the few months that angled trendlines don't hold up too well in forex, mostly horizontal lines, which is what I base most of trading decisions on. It's certainly helpful to have these trendlines from time to time to identify the bias on the direction during consolidation periods such as the chart I posted above.

Aren't you all technically skilled in order to trade forex? Or are there elements of fundamental analysis by brainstorming what-if questions (like Bruce Kovner does)?