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Obsidian

Market Wizard
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Everything posted by Obsidian

  1. The poor: work and work, The rich: exploit the poor, The soldier: protects both, The taxpayer: pays for all three, The wanderer: rests for all four, The drunk: drinks for all five, The banker: robs all six, The lawyer: misleads all seven, The doctor: kills all eight, The undertaker: buries all nine, The Politician: lives happily on the account of all ten.
  2. 4H chart is bearish so I expect that 1.2922 and 1.2960(red lines) will be the resistance levels today. Key to the upside is at 1.3000 (also top of clouds on 4H chart).
  3. key resistance are at 1762 and 1774 (blue lines). at this point it is better to just sit and watch. daily chart is showing signs of exhaustion and prices move in the cloud on 4h chart
  4. Obsidian

    AudUSd

    watching and waiting...I think this up move will halt around 1.0425-1.0440. But if it climbs above 1.0440, that means we may see 1.0500.
  5. this one costs $399 :rofl: if you want more planets you have to pay $3500 !! The Market Trader Software Series from Bronze to Titanium
  6. Summary of open orders and positions:
  7. find a strategy that loses 90% and simply do the opposite!
  8. Summary of open orders and positions:
  9. not surprisingly pulled back to 07940 after failing at 0.8000.. daily candle looks interesting but going to wait.. who said close of the bar is meanigless :doh:
  10. nzd/cad update: doji and hammer on the daily chart, plus still moving inside the kumo tell me to wait till bull-bear fight is over..nothing clear at this point
  11. all time frames turned bullish..so the odds favor a break to to the upside...but if it can't move above 1780 by tomorrow, i guess it will back to 1753.
  12. Summary of open orders and positions:
  13. xau/usd is consolidating between 1755-1779...and pretty boring to watch :crap:
  14. Obsidian

    AudUSd

    aud/usd turned bearish on 4h chart...we may touch 1.0431-58 before reverse...waiting for a close below 1.0380 to confirm... close above 1.0500 means the bears are dead
  15. those lanterns are not Chinese it is a Thai thing...they use those lanterns during the Loi Kratong festival: Loi Krathong - Wikipedia, the free encyclopedia (you can buy it for $3-$4 i guess)
  16. Did I miss something? Did they actually do anything to fix problems? I dont think that everything will start getting better because ecb is buying infinite bonds...some countries producing much less then they are spending, they cant compete in the market, unemployment is 20%+, manpower is leaving...anyway my guess is that Greece will be forced to leave first
  17. Obsidian

    Eurusd

    market direction and reversal may be relative for each trader...for example if I notice a trend reversal I would not go for 60-70 pips...a movement may be a reversal for you if you are trading on short time frame, for another trader it may be just a retracement
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