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ben10 Jul 7, 2009 10:31pm | Post# 1576

long seems ok


just in case for quick bail out

fammira Jul 8, 2009 12:22am | Post# 1577

wow seems most of you guys play shorter time frame good stuff !
watch out she migth hold below 0.79 (my P&F Chart)lol,
hi ben, I am not used to make in and out but we are in trend reversal period and I believe it's better to exploit the continuous ups and downs until the new (down)trend shows up...

so I am still waiting for a short opportunity at 0,80 - 0,81
due to the oversold a try long at 0,7850 - 0,7860 also makes sense to me now

JhonMonsalve Jul 8, 2009 7:32am | Post# 1578

1 Attachment(s)
hi ben, I am not used to make in and out but we are in trend reversal period and I believe it's better to exploit the continuous ups and downs until the new (down)trend shows up...

so I am still waiting for a short opportunity at 0,80 - 0,81
due to the oversold a try long at 0,7850 - 0,7860 also makes sense to me now
Hi famm and traders!

Just be careful with longs sir, I mean, take a look to daily $ index, is forming an ascending triangle, and maybe today or tomorrow, probably have a bullish breakout, JMHO, trade safe!

Click to Enlarge

Name: $index.gif
Size: 21 KB

Jhon

fammira Jul 8, 2009 9:15am | Post# 1579

Hi famm and traders!

Just be careful with longs sir, I mean, take a look to daily $ index, is forming an ascending triangle, and maybe today or tomorrow, probably have a bullish breakout, JMHO, trade safe!

Attachment 270027

Jhon
cheers John,

also let's watch on S&P 877/888.
This is an important support zone.

I still believe in a bounce cause I think S&P will hold these levels at least for a few more sessions...I know I am repeating myself again but before the trend reversal we should see a rise.
That will be good chance to open shorts at higher levels

Just my view

ben10 Jul 8, 2009 11:10am | Post# 1580

i add more short hopefully 0.7900 hold!


ben10 Jul 8, 2009 11:19am | Post# 1581

now is very hot yummm 0.7805

ben10 Jul 8, 2009 11:21am | Post# 1582

move stop loss below average short position and ride ding ding

ben10 Jul 8, 2009 11:22am | Post# 1583

OMG !! break below .78

ben10 Jul 8, 2009 11:26am | Post# 1584

lets see how far it flow

JhonMonsalve Jul 8, 2009 11:26am | Post# 1585

cheers John,

also let's watch on S&P 877/888.
This is an important support zone.

I still believe in a bounce cause I think S&P will hold these levels at least for a few more sessions...I know I am repeating myself again but before the trend reversal we should see a rise.
That will be good chance to open shorts at higher levels

Just my view
Well famm!

I think the trend is clear now, at least for this week , don't try to catch a knife falling

Jhon

ben10 Jul 8, 2009 11:27am | Post# 1586

1 minute chart showed reversal ready to take some of the profit

JhonMonsalve Jul 8, 2009 11:28am | Post# 1587

OMG !! break below .78
Hi ben!

Congrats to you and others that we're on the short side

A close below 0.78 ---> 0.745 is next

ben10 Jul 8, 2009 11:28am | Post# 1588

hi jhon R U in position?

ben10 Jul 8, 2009 11:29am | Post# 1589

im on highway now on 1 minute chart lol!

ben10 Jul 8, 2009 11:30am | Post# 1590

if break 0.7780 i'll add more


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