Like you said earlier. Potientially big News coming out this week. Let's see what happens. I'll just keep lock in profits with my half positions but give them room to breathe.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #76,242
- Apr 29, 2008 6:10am Apr 29, 2008 6:10am
- Joined Oct 2007 | Status: Trader | 5,510 Posts
Yup that's the a great approach, I got this puppy locked in profit and now I'm letting it run, news or no news...
Congrats to all shorts who hung in there on this trade!! =
- #76,244
- Apr 29, 2008 6:12am Apr 29, 2008 6:12am
So Jerry you didn't see this big drop coming, did ya?
Well guess what? No body else saw it coming either.
No one knows where Price will go.
sure noby doesnt know how price will go.. my guess to back because..UJ still didnt fall
- #76,245
- Apr 29, 2008 6:14am Apr 29, 2008 6:14am
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
But with that Pin bar and IB I know I wasn't the only one waiting to see if the IB broke below the pin bar for a possible short, he he...
Indicators show the past. Price Action "Indicates" the future.
- #76,248
- Apr 29, 2008 6:17am Apr 29, 2008 6:17am
- Joined Mar 2007 | Status: Trader | 1,731 Posts
weekly candle and momentoms
ps:it seems "elephant"ish agian...i mean range...i think first drop then bounce back up....for drop daily gann at 203.80-204 area is good target....IMOhttp://qsmile.com/qsimages/73.gif
i take a short at 207.12 sl:209.12 tp:204
time will tell us
also i closed my last week long position at 207 now for +160 pips
ps:at now daily gann is at 205 area...some bounce may occure form there...so i will take profit at his area and will wait to see how price react.
good luck all
- #76,249
- Apr 29, 2008 6:20am Apr 29, 2008 6:20am
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
Indicators show the past. Price Action "Indicates" the future.
- #76,250
- Apr 29, 2008 6:22am Apr 29, 2008 6:22am
- | Membership Revoked | Joined Apr 2008 | 2,468 Posts
See u all later. . .
Congrats to all shorts who stuck in this trade!! =
Still holding Short...But -...
here are some charts, 1hr, 4hr and daily.
On the 1hr Chart
Price looks oversold across all indicators...but 1hr Zero Stochs aren't turning up yet...so will hold till they do, if they do will exit for a better entry price further North.
On the 4hr Chart
Price has just crossed from High Zero Stochs pointing down...very nice
QQE has crossed and is pointing down towards 50...very nice too, should be more downside at some stage
On the Daily Chart
Price is curling and starting to point down towards the mid levels on the Zero Stochs etc..
So, the $60 Million Question....Up and then down fast, or Down straight from this level??
Answers on a postcard please...
- #76,251
- Apr 29, 2008 6:23am Apr 29, 2008 6:23am
- Joined Sep 2007 | Status: Senior Member | 2,939 Posts
See u all later. . .
Congrats to all shorts who hung in there on this trade!! =
Imanuel Parsifal
- #76,253
- Apr 29, 2008 6:28am Apr 29, 2008 6:28am
- | Membership Revoked | Joined Apr 2008 | 2,468 Posts
Thanks for the help. I got them
- #76,255
- Apr 29, 2008 6:42am Apr 29, 2008 6:42am
- Joined Sep 2007 | Status: Senior Member | 2,939 Posts
hrly gold target have been hit with som wooping 305pips
Imanuel Parsifal
- #76,256
- Apr 29, 2008 6:47am Apr 29, 2008 6:47am
- Joined Mar 2007 | Status: Trader | 1,731 Posts
hrly gold target have been hit with som wooping 305pips
how r u today???
- #76,257
- Apr 29, 2008 6:47am Apr 29, 2008 6:47am
- | Membership Revoked | Joined Apr 2008 | 2,468 Posts
hrly gold target have been hit with som wooping 305pips
Nice going
- #76,258
- Apr 29, 2008 6:50am Apr 29, 2008 6:50am
- | Membership Revoked | Joined Apr 2008 | 2,468 Posts
Took profits on Shorts as not sure what NY will do this afternoon...
Gone long from this level with tight SL...
as not sure what NY will do this afternoon...Gone long from this level with tight SL...
- #76,259
- Apr 29, 2008 6:51am Apr 29, 2008 6:51am
- Joined Sep 2007 | Status: Senior Member | 2,939 Posts
Nice going
bye everyone..am taking a break now to freshing up b/4 the consumers confidence news...there should be at leats 700pips up for grab there and i wont hesitate to post my analysis for that see you all in 2hrs time
Imanuel Parsifal