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Obsidian

Market Wizard
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Everything posted by Obsidian

  1. The $50 Lesson Recently, while I was working in the flower beds in the front yard, my neighbors stopped to chat as they returned home from walking their dog. During our friendly conversation, I asked their little girl what she wanted to be when she grows up. She said she wanted to be President some day. Both of her parents, liberal Democrats, were standing there, so I asked her, "If you were President what would be the first thing you would do?" She replied... "I'd give food and houses to all the homeless people." Her parents beamed with pride! "Wow...what a worthy goal!" I said. "But you don't have to wait until you're President to do that!" I told her. "What do you mean?" she replied. So I told her, "You can come over to my house and mow the lawn, pull weeds, and trim my hedge, and I'll pay you $50. Then you can go over to the grocery store where the homeless guy hangs out and give him the $50 to use toward food and a new house." She thought that over for a few seconds, then she looked me straight in the eye and asked, "Why doesn't the homeless guy come over and do the work, and you can just pay him the $50?" I said, "Welcome to the Republican Party." Her parents aren't speaking to me anymore.
  2. Obsidian

    AudUSd

    shorting AUD/USD and NZD/USD may be a good idea today...we will see:roll eyes:
  3. EUR/AUD is pushing AUD/USD down it seems...
  4. I agree, breaking above 28.5 would show that the bulls have enough power to go higher..
  5. USD/CAD chart: (using 4H clouds to identify the trend, using 30m clouds to enter the trade in the same direction)
  6. Obsidian

    CoT Charts

    eFXnews : Speculators' Short EUR Covering Goes on For Third Week In A Row
  7. Obsidian

    CoT Charts

    E-mini SP500, 2 year & 10 year treasury notes:
  8. Obsidian

    CoT Charts

    Weekly charts: EUR-GBP-CHF-CAD-JPY-Gold-Silver:
  9. I keep an eye on ATR to make sure the market is not dead...if i am going to hold that position more than 24hours, i just set tp and sl then find another thing to do
  10. just noticed something was missing...it should be "I wouldn't long before I see a weekly close above 28.5"
  11. this year things have been better for me...506 trades so far...373 winners, 133 losers...73.7%
  12. we are back to the same place which price reversed many times... I think gold will perform better than the euro...
  13. Summary of open orders and positions:
  14. Summary of open orders and positions:
  15. U.S. Weekly unemployment claims U.S. Trade balance
  16. even though it seems it is getting ready for a bullish breakout, I wouldn't long before I see a weekly close...and below 26, can go short like crazy daily and 4h charts are bullish but weekly is bearish atm
  17. usd/cad is sitting on support and trading range is very tight :crap: the bears are losing power?
  18. U.S. Weekly Jobless Claims: 361K vs. 370K exp. vs. 366K prev.
  19. it is possible to see a drop to 96-95.75 but i have mixed signals now
  20. Summary of open orders and positions:
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