And that is the most important M2P. Good to see you around again.
Keep rockin’
Cheers Mate !
Have not looked at any now time charts.
Just my thoughts on her monthlies.
G/Y at prev support levels (Oct/03 and June/02).The indicators then were +ve. These indicators are -ve.
$ is now at the lower BB and should go up.
Monthly indicators say DOWN - but $@lower BB probable retrace- please/please/please to 204).
Weekly down, but signs of retracement (please/please/please tp 204).
Daily- indicators up ( but the ema’s are down- 200>144>89).
I have a target projection @202, but it may go up to the Upper BB @203.
I seem to remember last week “longing for 194.”
ly
Pakiestra: WOW! Your reply was extremely eloquent. You managed to convey the point that I was attempting (in fewer words and with more impact).
I am impressed. This is admiration and not sarcasm.
Spoke with my dad, he sAYS what goes up must come down, and he thinks
holding some shorts now is a good idea, and it may be a good idea ot peel them off as she runs back down. I wonder if he sold all his longs
I would if I was up 700 pips per from thrus/fri.
The news isn’t really new I guess and has alreayd been priced into the market on thursday and friday. So I am going to hold on to my shorts.
The US is not out of the crapper yet. And this crazy bush bailout may not even work, the cost seems to keep increasing.
Maybe I need to readjust my TPT’s on longs, maybe 214.00 is wishful thinking.
But I am actually leaning to the short side as more likely. I am however leaning towards the long side lots wise.
And useful? We here are actually more interested in profitable than useful.
Many things are useful and still not profitable. Bottom line it all comes down to your account balance remember? WHich is driven by profits.
Don’t get me wrong I do appreciate your presence here as well as your differring opinion. We all need to keep our eyes open and not prejudge the guppy based on our vivid imaginations.
She sure looks weak and ready for a fall.
to indicate a reversal to the topside. Look at the RSI and tell me we aren’t STILL in a downtrend. As far as getting a retrace up to 200,then 205 then 210 That isnt going to happen this year. And everyone who knows me would say I an a guppy bull only not a bear. but at some point you have to be realistic. She is still in a down trend. and economics says she is going to fall
and so not only my sentiments are short but my lots reflect a leaning to the short side. Yes what I am doing is an exercise in futility perhaps. But by last approximation my count is $650 balance $471 drawdown equity is $179
my money in is $200 plus change SLW. We are talking small potatoes here.
Here is the chart. Kindly show us how in the heck she is going to get anywhere near 210 this year. She couldnt even get to 204 with powerful prayer. I am hoping for a retrace to at least 199, But I also dont think we are going to get that now. But wait and see what happens tomorrow.
It is going to be a crazy day. For now I am holding my shorts for certain no matter what the interest is.
guppyweek.zip (76.7 KB)
[B]“The [B]best way to predict the future is to create it.”[/B][/B]
Peter Drucker
The chart is no indication of the future for certain, but certain patterns and trends and other chart data only makes it possible to suggest some sort of educated guess, but in reality it is we who create OUR reality every moment of every day. So when many or most traders look at that weekly chart, I tend to think the majority will say we are still clearly in a down trend AND THere is no indication of a reversal, those candlesticks mean very little without other market confirmations. I never base a trade soley on a candlestick pattern. The current state of affairs wheater realistic or not
says we are in trouble, and that weighs on the market MORE than anything else. What IS NOW is the most powerful factor affecting the forex market.
If there is a hurricane, or someone sinks GB, or whatever crazy things happen in this world, and then the masses of traders panic or over react or even act appropriately, the markets will move accordingly based on who it is hurting the most, Despite what your chart says :). And of all people, I heavily rely more on charts than anything else and often foolishly dont look at the manipulated news or I would NOT have been short and getting shorter ALL day friday. I would have waited to get short at 197.00 I got short there several times but scalped all those shorts long ago.
Often when a family goes through a crisis, it brings them closer together.
No one is happy about being squeezed, But as a family we can join together and withstand any adveristy. I hope in the long run your family is better off.
I always try to see the opportunity within the misfortune, because
every cloud does have a silver lining, ALL WE MUST DO is uncover it
[B]“First say to yourself what you would be; and then do what you have to do.”[/B]
Epictetus
[B]“The only true wisdom is in knowing you know nothing.”[/B]
Socrates
I am going to try to grab a few winks and get the coffee on, then lets she what she will do today…yawn!
I actually got short a moment too soon at 196.14. She is struggling here.
But today has to bring some down in DJIA and guppy as NY opens.
the handbrake is on. there is no action…where is the liquidity…and volitality…she must have a hang over after a wild weekend:eek:
But she wants to run up? BUT WHY OR HOW? Based on a false promise to pay by the so called “FEDS”!?
And americans dont know how to operate handbrakes!
Looks like its bouncing off 197 for the 4th time
le sigh 
longs hit tpt and now I am short.
Couple shorts from 197 and 196 levels, but who knows how this gonna pan out.
I hope that blokes from FSA won’t take my hard drive out cause I’m shorting her 
They want now everybody to be happy and optimistic cause they’ve just taken out their long hands out of our pockets and say: there is no crisis.:mad: cause we’ve payed for it to disappear.
Thanks a lot Al
These days when everybody runs rat race one rarely gets nice word or two.
I was concerned about M2P as I’ve seen the news from Texas.
Shorts look ok for now. Banked 100pips on 2 microlots, still has one opened from 197.00, another 3 micro from 196.00 are still frying.
Looking on the daily candlestick, the move seems to be exhausted (not only for Guppy). Maybe that’ s why she wasn’t very furious today, but tomorrow who knows 
I’m on the short side still.