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eurusd at 1.4340. Now I want to try my luck on long side in paper trade.:)

1.4420. I feel buyers may be showing up here for now. What do you think?

500 pips fall in one day. Where did the resistance and bullishness of buyers go? Should we conclude that the recent rise was mainly hype?

Closed this one for single digit pips. :(

I agree with your analysis. It is good you have the patience. It is now at 1.4545. I think I am going to try my luck in here on the long side.

Good job! We seem to have go out at about about the same price level. I wonder if it was at the same time. :cool:

eurusd at 1.4580. I am now considering playing on the long side, but have questions about the upside. How far do you think it would go up if it goes up?

eur/usd at 1.4586. +345 pips. Profit takers around the corner?:cool:

Less margin means less leverage, which implies less demand and more supply (due to margin calls). That is the trigger. The momentum trader and stop loss orders on longs add to the supply. Add fear from longs, and you have a picture.

Isn't the broading pattern over starting at around 10AM today?

The post was made at 10AM (=3PM the post's time stamp). Once again, bullish and bragging post, right at the top-- at the time when the music was about to stop for the hype buyers. (check the chart if you have doubts). Shortly afterwards the price went the other way, and fell 100 pips...

http://www.elitetrader.com/vb/showthread.php?s=&threadid=218121&perpage=6&pagenumber=15 How many soons in 168 hours? (168 hours is 7 days)

The opposite opinion of the the above post has made a lot of pips. I lost the count of the trips of 100 pips below 1.4880. 1.50 was only around 100 pips, the pair was zooming, yet the music stopped abruptly right after the above post was made. Today is May 3rd. EUR/USD traded more than 120...

post was made on April 27th. Today is May 2nd. Price has been between 1.4880 and 1.4780, consistent with price and distribution forecast of the models. I do not subscribe to forecasts that are based on hindsight, because they inherently lack the foresight.

Post was made on April 27th when EUR/USD visited 1.4880 for first time and was running up fast probably to catch the sizzle buyers. http://www.elitetrader.com/vb/showthread.php?s=&threadid=218121&perpage=6&pagenumber=15 Not only hours have passed, but days have passed (today is May 2nd), and...

Draw a line at the above number (1.4880), and look at the chart action over the last 48 hours or so. The above post was made two days ago, when eur/usd just crossed 1.48 and was trading at around 1.4825 area. The power of models.

The last time I visited this thread was some 48 hours ago. EUR/USD was at 1.4850 area at the time. The clown was saying expect 1.50 SOON. I knew it was the top, because it appeared it seemed to the clown that by looking at the chart that night that 1.50 was to be printed within hours. The up...

eur/usd at 1.4847 on retest of high. Models say it would fail. Would be nice if it could make 1.4848.

Thanks shortie for coming back with your fine threads. I call on those who read his threads to join me to warmly thank shortie. Back to opinions: I believe the dollar situation has to be straightened first in order to see more clearly the stock market outlook.

I would rather be looking at how much a fund manager made from management fees. I believe that trading is a negative sum game. Brokers/managers/etc are likely the ones who make money. What makes think that Soros made money trading?