i think the best place to short this pair is when it gets to 1.4800, cos then the volatility would be over. till then i would not short this pair.
just my 200pips.
just my 200pips.
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DislikedI have been long since morning.. From the moment I read the bailout bill text (note that they are NOT requesting 700 billion, they are requesting 700 billion saldo at any time so they can buy and sell and buy and sell and..) and read that ECB was pumping dollars into market. Pyramided some during the rise.
I'm hoping to build this trade into medium term trade, I just see no reason for dollar to rise unless some bigger bank in euro zone fails too.
I think it will go above 1.48 today, not sure if it will stay there though. Round numbers are like magnets and we are so close it at the moment with the correct daily trend.Ignored
Dislikedi think the best place to short this pair is when it gets to 1.4800, cos then the volatility would be over. till then i would not short this pair.
just my 200pips.Ignored
Dislikedthis channel is so wide a retracement of 100 or 150pips is very possible to tap the lower trend line and certain fib levels...i too am currently testing a short
AttachmentIgnored
DislikedFigures, they never get the contract rollover right, or much else.Ignored
Dislikedyou should really follow this chart...it is very accurate
http://www.livecharts.co.uk/MarketCharts/crude.phpIgnored
DislikedFigures, they never get the contract rollover right, or much else.Ignored
DislikedPulling a fib on the 2hr from Fridays low of 4150 to the current session high for today, which is also the 162% retracement of the 4540 to 4150 fall from last Thursday high to Fridays Low... gives you an overall 50% retracement level very nearly back to the original Bear TL at 4450 to 4470ish.
And that is my first major short target when the game resumes...which may be very shortly. I'm watching this current 1hr candle close with several shorts locked and loaded at +3pips.
Would post a chart, but it's a little cluttered atm.
It's 2pm in NY... Do you know where your pips are?Ignored
DislikedO.K. now it's planny, take intraday 1/2 profit from Longs and...
Looking to Sell:
EUR/USD nera 1.4811
GBP/USD near 1.8671
AUD/USD near 0.8521
And Buy:
USD/CHF near 1.0721
USD/CAD near 1.0333Ignored