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  1. W

    Wallace Euro Trades

    FOMC Minutes 2pm EST it's quite a puzzle to me what's going on with the price I had thought that the down part of the wave ended last Tuesday and what followed was the correction prior to new downside; now I'm wondering if the downside didn't end until Monday, and we're now getting some...
  2. W

    Night trading

    was thinking of CBOT, TBonds or Notes, I suppose tho Bonds primarily my session hours are from the opening to about the US opening usually, and I trade the 6E. I mention this because of your earlier comment about not enough volume and I disagree with that thru the 'Asian' session there...
  3. W

    What happened in Russian default? Or any sovereign default?

    at that time, it was the Jews who first attached a fee to loans of money something that Christians and Muslims believed to be immoral later, Christians thought the idea of charging fees a great idea and have done so ever since, and should we say, thanks to the Jews
  4. W

    Geithner Says Damage From Debt Default May Be ‘Irrevocable`

    thing is tho, no 'monster' has suddenly appeared, and as yet, no lost confidence has manifested the only pop's been the $ rally, and while it may continue for a while, my expectation is for it to fall further later, so I'm looking or expecting for something tangible to be visible but...
  5. W

    Wallace Euro Trades

    no wonder the euro was so weak early on - Strauss-Kahn another focal point was the sdcs I have on the 4H; the price had penetrated the mls and closed on or above them, and I hadn't anticipated another penetration before rallying having now adjusted the sdcs the C of that second penetration...
  6. W

    Wallace Euro Trades

    I didn't expect Friday's downside to happen so fast - limited forward thinking — what else was the price supposed to do after a substantial retracement ? could the price go back up again ? 1.4285 area ? an Up session ? Monday May 16 session: Sunday: 2:00pm while that 'adjustment'...
  7. W

    Night trading

    what about TBonds ?
  8. W

    Geithner Says Damage From Debt Default May Be ‘Irrevocable`

    have 'we' reached the 'tipping point' ?
  9. W

    I finally Quit Daytrading after 5 years

    I think 'daytrading' is doable, but of course one Has to have a profitable system however B&H - Day-to-Days trading only requires say 10 minutes a day when following a single instrument. a portfolio would require more time but still far, far less than daytrading, but again, one Has to have a...
  10. W

    Wallace Euro Trades

    Trichet addresses 'Reform of the Financial System' conference in Madrid, which may not in itself be significant, only if he otherwise talks to reporters - 'loose lips' . . . Friday May 13 session: 3:30pm in yesterday's update I had written then deleted some info that I thought 'they...
  11. W

    Wallace Euro Trades

    Bernanke's doing some testifying at 10am ? nothing market shattering expected Thursday May 12 session: 2:55pm I'm expecting the downside to continue now until Monday there's a previous L at 1.4138 which nearly coincides with a fibo level, plus there's a lump of prices from Mar 18...
  12. W

    Wallace Euro Trades

    the Mon-Tue 4H LC were 1.4276 and 1.4275 forming what appears to be a base, as well as stopping at the major 61 I'm not sure what to make of the differences between the 6E and spot, the 6E has now had 2 up days whereas spot only yesterday's session, which adds to my thinking today will be a...
  13. W

    Wallace Euro Trades

    the price held up better than I thought it might possibilities are a base has formed or it's completing the correction before starting the next wave down Tuesday May 10 session: 1:45pm the price has retraced 2 pips short of a 61 which is a good level to reverse from, but could still...
  14. W

    Wallace Euro Trades

    April's Monthly spot Close was 1.48043 , one 76 is 1.48232 , and the 6E 1.4790 and 1.4792 for the 76 under consideration is: the euro has topped - permanently, or, begun a correction aside from the fact that the price has intersected various lines, fibo levels and time targets, what's...
  15. W

    Which Canadian broker (licensed for BC) works with Metatrader?

    Oanda - http://fxtrade.oanda.ca/
  16. W

    Wallace Euro Trades

    Finally. some downside the z-w-W-w-z was similar to the one that occurred during Apr 8-14 including the sell- off that followed-on after its completion I've too many charts to update to go into a detailed analysis so I'll leave that for the weekend and post it on Sunday. the main matter is...
  17. W

    Wallace Euro Trades

    another ziggy-wiggy-Whoops-waggy-zaggy - complete ? will this session see a break down ? Thursday May 5 session: 3:10pm with the price now sitting on the lower sdc line, we must first see if the 1.4786 level is taken out next level around 1.4750 which is a previous LC area, then...
  18. W

    Wallace Euro Trades

    interesting that the spot D is printing one more red bar that the 6E, actually two more now the Tuesday session has closed and I think we're going to see downside again and possibly, possibly this session may see the 1.4717/s1.47518 levels broken thru Wednesday May 4 session: 3:10pm...
  19. W

    Wallace Euro Trades

    aaaaaahaaaaaa what do we have here ? mmmmmm, looks suspiciously like a reversal formation, again - W formation are we Now going to see a decline of the price ? say until the NFP on Friday ? Weekly's printing RED Tuesday May 3 session: 1:35pm 4H bar 4:00 nicked the lower sdc line and...
  20. W

    Wallace Euro Trades

    notwithstanding this Friday's an NFP day and the BoE and ECB announce Thursday I think the trend will continue up, and probably for the whole of May Monday May 2 session: Sunday: 3:15pm the DX has broken thru D mls and approaching outer channel lines which the price will usually bounce...
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