Mike
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #13,184
- Aug 22, 2007 7:16am Aug 22, 2007 7:16am
- | Joined Jul 2007 | Status: Don't Loose Your Shirt | 1,146 Posts
- #13,186
- Aug 22, 2007 7:17am Aug 22, 2007 7:17am
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
I must be crazy but i went short @ 229.06.............
if it hits 229.30...i'm out...baby
Jim
Indicators show the past. Price Action "Indicates" the future.
- #13,190
- Aug 22, 2007 7:24am Aug 22, 2007 7:24am
- Joined Feb 2007 | Status: Trade @ your own risk | 6,628 Posts
Aus,
do you think it's going to break through that strong 229 range that has been acting as a strong support/resistance for the past week or so and the price indeed bounced of of it several times?
If yes, in your openion what would give it's the strength to pierce through this time.
Thank you.
~G.
Because this time I doubled my positions and that will give enough Liquidity to break the resistance line
JKAccording to my strategy this is the 3rd attempt by 1hr QQE to break that level. Usually the third attempt is a very strong attempt.. Also the 4hr QQE is about to cross the 50 line. 4hr , 1hr momentum is in positive territory and pointing up. Price has nicely retraced to 30mins and 1hr before the NY start and the pair has enough strength.... well .. can think of million reasons.. but I also could be horribly wrong
- #13,193
- Aug 22, 2007 7:26am Aug 22, 2007 7:26am
- | Joined Jul 2007 | Status: Don't Loose Your Shirt | 1,146 Posts
short @ 228.85 i'm out at 229.60
Jim
