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MoneyFocus' thread of forex and fun

  • #421
  • Dec 26, 2017 7:52am Dec 26, 2017 7:52am
Taking a short on Cable. 1.33483. This is dangerous, do not follow if you have a weak heart. This is bad entry and bad RR. Just that I feel the odds are in my favor.

The rational behind this trade is that I believe we will test 1.3330s, meaning we have about 15 pips to hunt here. In the event that we break 1.3330s, it will be a deep valley to collect pips.
  • #422
  • Dec 26, 2017 8:06am Dec 26, 2017 8:06am
Added shorts.

Let's see...maybe I get fried...
  • #423
  • Dec 26, 2017 9:49pm Dec 26, 2017 9:49pm
Quick update: Got stopped out. :x
  • #424
  • Edited 11:05pm Dec 26, 2017 10:39pm | Edited 11:05pm
Quoting MoneyFocus
Quick update: Got stopped out. :x
this 4h candle may be the one. wait for the pump then its a fast dump. then right back up.
the dragon looks like a long from 151.42 to 152.00 just shy it may run up a bit more. have to see.
  • #425
  • Dec 27, 2017 5:21am Dec 27, 2017 5:21am
that gu breakfown should be soon
  • #426
  • Dec 27, 2017 6:23am Dec 27, 2017 6:23am
Quoting 4xjunkie
that gu breakfown should be soon
hey buddy. you shorted cable?
  • #427
  • Dec 27, 2017 6:31am Dec 27, 2017 6:31am
shorting cable a bit of a risky business as of now
  • #428
  • Dec 27, 2017 6:35am Dec 27, 2017 6:35am
I wouldnt short it for 10-20 pips
WaBaS Where are Buyers and Sellers
  • #429
  • Dec 27, 2017 7:05am Dec 27, 2017 7:05am
Quoting mr.brown
I wouldnt short it for 10-20 pips
ment, it doesnt mean it wont go down. it might, however its actually pretty bullish n why standing against it?
just sayin
WaBaS Where are Buyers and Sellers
  • #430
  • Dec 27, 2017 7:15am Dec 27, 2017 7:15am
could retrace a bit towards the 1.3400 area
  • #431
  • Dec 27, 2017 9:42am Dec 27, 2017 9:42am
Quoting MoneyFocus
{quote} hey buddy. you shorted cable?
roger, roger. ive been waithing over 2 weeks for this move.
  • #432
  • Dec 27, 2017 9:43am Dec 27, 2017 9:43am
Quoting mr.brown
{quote} ment, it doesnt mean it wont go down. it might, however its actually pretty bullish n why standing against it? just sayin
it has broke out of he pennant, then it breaks down to retest the 1.3220 low then right back up.
  • #433
  • Dec 27, 2017 7:09pm Dec 27, 2017 7:09pm
Quoting 4xjunkie
{quote} roger, roger. ive been waithing over 2 weeks for this move.
tough luck mate
  • #434
  • Edited 7:39pm Dec 27, 2017 7:24pm | Edited 7:39pm
Quoting MoneyFocus
{quote} tough luck mate
Ive stuck it out for 2 weeks. I have not missed anything. lol if it plays out how I think it will. im playing for junkie$
  • #435
  • Dec 27, 2017 8:02pm Dec 27, 2017 8:02pm
Quoting 4xjunkie
{quote} Ive stuck it out for 2 weeks. I have not missed anything. lol if it plays out how I think it will. im playing for junkie$
suppose you are holding for 1.3330. good luck
  • #436
  • Dec 27, 2017 8:10pm Dec 27, 2017 8:10pm
Quoting MoneyFocus
{quote} suppose you are holding for 1.3330. good luck
1.3225
  • #437
  • Dec 27, 2017 8:16pm Dec 27, 2017 8:16pm
Quoting 4xjunkie
{quote} 1.3225
seems well supported at 1.34 at the moment.
  • #438
  • Dec 27, 2017 8:17pm Dec 27, 2017 8:17pm
Quoting 4xjunkie
I will trade my 3 cents for 3% if you trade the plan. I have seen it happen here before, been waiting for it scence 12/10. look at my te. its there. Gu should make another candle similar the to the one ive pointed out,almost price range just a little different candle formation. its like a double breakout, price will push higher then and then they will put so much sexy on it for the bulls on it who would not take a pice of that, then the unimaginable happens, breakout south to restest the low and all of the way back up all in one candle. then its...
its this one.
  • #439
  • Dec 27, 2017 9:37pm Dec 27, 2017 9:37pm
I beleive this it the top before the drop. awfully familiar.
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  • #440
  • Dec 28, 2017 10:53pm Dec 28, 2017 10:53pm
Quoting MoneyFocus
{quote} suppose you are holding for 1.3330. good luck
got me on that one. took the loss reloading at 1.3480 for the festivities, and i believe i found the top in gold for you.
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