Dislikedstop hunting whats that???there are 50% of other readers who were long and collected their profits at London resistance 1...Ignored
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #34,142
- Sep 28, 2007 4:36am Sep 28, 2007 4:36am
- Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
yepp I loaded more postions on 4hr 1hr strategy for 300 pips
- #34,143
- Sep 28, 2007 4:37am Sep 28, 2007 4:37am
- Joined Feb 2007 | Status: Trade @ your own risk | 6,628 Posts
- #34,144
- Sep 28, 2007 4:39am Sep 28, 2007 4:39am
- Joined Feb 2007 | Status: Trade @ your own risk | 6,628 Posts
Hi , I don't post much, but just my analysis of what's going on.I think the movement upward was just typical stop hunting. The Dow was still in the red there was no reason this should have gone up. I'm still convinced that the major trend for now is downward, I'm still holding on to my postion short at 232.78.If this heads north again my entry point for short will be 235 short, I strongly believe this is hard to break level.
- #34,146
- Sep 28, 2007 4:40am Sep 28, 2007 4:40am
- Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
- #34,150
- Sep 28, 2007 4:46am Sep 28, 2007 4:46am
- Joined Feb 2007 | Status: Trade @ your own risk | 6,628 Posts
- #34,155
- Sep 28, 2007 4:55am Sep 28, 2007 4:55am
here we can find the pivot point calculator and ready mad pivot point also
but don't dial with ACM broker,he is one of the worth broker .
http://www.actionforex.com/forex_ana..._200603205734/
** http://www.fx-charts.com/pgs/toolbox_pivotscalc.php
but don't dial with ACM broker,he is one of the worth broker .
http://www.actionforex.com/forex_ana..._200603205734/
** http://www.fx-charts.com/pgs/toolbox_pivotscalc.php
....
- #34,156
- Sep 28, 2007 4:55am Sep 28, 2007 4:55am
- Joined Feb 2007 | Status: Trade @ your own risk | 6,628 Posts
- #34,158
- Sep 28, 2007 5:01am Sep 28, 2007 5:01am
- | Commercial User | Joined Jun 2007 | 3,549 Posts
guys--ive just exited my long position for -7pips
im actually done for the week---dont want to give any pips back on last trading day of week/month
now this is my opinion why i dont want to leave it till nxt week
im expecting this week to close at/near 50ema on weekly which is around 233.20ish
on a weekly chart--this up move was just a retrce from that big lower move (50% retrce is at 235.20ish--thats the max i think this thing is going b4 it heads to 213 to the black monday prediction)
im actually expecting a huge fall nxt week--but i shall trade as i see setups
so folks--i shall see u in the nxt month for more action
happy trading --be careful---its the last day of week and month---profit taking is very likely too
adios amigos
im actually done for the week---dont want to give any pips back on last trading day of week/month
now this is my opinion why i dont want to leave it till nxt week
im expecting this week to close at/near 50ema on weekly which is around 233.20ish
on a weekly chart--this up move was just a retrce from that big lower move (50% retrce is at 235.20ish--thats the max i think this thing is going b4 it heads to 213 to the black monday prediction)
im actually expecting a huge fall nxt week--but i shall trade as i see setups
so folks--i shall see u in the nxt month for more action
happy trading --be careful---its the last day of week and month---profit taking is very likely too
adios amigos
- #34,159
- Sep 28, 2007 5:02am Sep 28, 2007 5:02am
- Joined Feb 2007 | Status: Trade @ your own risk | 6,628 Posts
