- Search Energy EXCH
- acumen replied Sep 1, 2008
Left early... — Oh... I got the lecture... the laptop won't be traveling next year. Is there a vacation if you rely on trading as an income? No idolatry please - too many great traders on this thread. Thanks for the kind words though. Mike
EURUSD
- acumen replied Sep 1, 2008
I live in Atlanta... — I was on vacation last week near the pan handle but I was out of there before I saw a single dark cloud. SunTrader lives on the east coast of Florida - I'm guessing he'll see more from Hannah than from Gustav. Mike
EURUSD
- acumen replied Sep 1, 2008
That's your call man... — Counter trend trades are not my forte. I'm guessing there will be some buying at this level. Mike
EURUSD
- acumen replied Sep 1, 2008
Who knows... — Sir... your guess is as good as mine. Wait for a sustained break then sell...not before. I doubt we see a break now but low liquidity often results in wild price action.
EURUSD
- acumen replied Sep 1, 2008
Careful here... — Double bottom for a move up or falling of the map time. Critical price level being tested.
EURUSD
- acumen replied Sep 1, 2008
High Percentage Trade... — This game is about patterns and probabilities. Here's one you will see time after time. It's accuracy is high - don't have any percentages so I'll make one up. I'm guessing it's around 85%. Price is headed south and ...
EURUSD
- acumen replied Sep 1, 2008
Even after I posted they fill... — Gaps fill on this pair approximately 80% of the time. Trading probabilities is what this market is about. A 20% probability is one I'd stay away from. I'd suggest not trading prior to the EURO session at the ...
EURUSD
- acumen replied Sep 1, 2008
I've plotted some psych levels for you... — If you look at this chart I would say just the opposite. They can't get any more reliable. Price starts at the most important psyche level. 00 (.4800) It moves down from there and bounces off a ...
EURUSD
- acumen replied Aug 31, 2008
Filling the gap... — Gaps are filled to the tune of 80% or higher. I'm guessing he knows the probability of this trade.
EURUSD
- acumen replied Aug 31, 2008
This will makes things very intresting... — Can't wait. The countdown has begun.
EURUSD
- acumen replied Aug 30, 2008
This one looks easy... and that makes it harder — The NY desks are on vacation... and will be the rest of the week. A hurricane of this scale creates panic... markets don't do well with uncertainty especially when it comes to oil. A massive ...
EURUSD
- acumen replied Aug 29, 2008
I'm assuming you mean... — Short term trend. There is a trend and it's down.
EURUSD
- acumen replied Aug 29, 2008
Fundamentally speaking... — We know historically liquidity and activity increase significantly after the Labor Day Holiday and next week won't disappoint. Next week we have some key data for the dollar. ISM and Service Sector reports will give ...
EURUSD
- acumen replied Aug 29, 2008
Let's look long term for a minute... — Below we have a weekly view of our favorite pair. From a purely technical perspective we are bottoming. We've got a long term trend line acting as support. A move to the .4580 area would give us a nice ...
EURUSD