EDIT: I have spent more time looking at this and posted my thoughts on Jacko's thread here, simply because of the current focus of when the next bull move will happen for the Euro.
Rob
- #441
- Edited 6:39am May 1, 2008 12:12am | Edited 6:39am
- | Commercial User | Joined Nov 2007 | 1,079 Posts
- #445
- May 5, 2008 10:50pm May 5, 2008 10:50pm
i had the same trigger as you but decided not to take the trade.
i was worried that the price around the 1.5500 area might become 'support turned resistance'. in fact, this kind of scenarios are quite common so do you still take the trade anyway ?
- #447
- May 6, 2008 8:51am May 6, 2008 8:51am
- Joined Jan 2007 | Status: Trader | 5,864 Posts
eur/usd 4 hour
teb
- #448
- Edited 12:12pm May 6, 2008 8:56am | Edited 12:12pm
- | Commercial User | Joined Nov 2007 | 1,079 Posts
In fact I just posted this a few minutes ago: http://www.forexfactory.com/showpost.php?p=1986362&postcount=3701
I've deleted the above post at Jacko's thread due to its readers' incredible focus on what one should and should not post
there, like a bunch of school kids. I doubt that half the people there read his blog where he actually considers far more
than most people realise
Rob
- #449
- May 6, 2008 9:16am May 6, 2008 9:16am
- Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
- #450
- May 6, 2008 9:23am May 6, 2008 9:23am
- | Commercial User | Joined Nov 2007 | 1,079 Posts
Thought i might find you here,LOL, great system.
I'm not smelling of BULL sh#t am I?
TEB's 200 ema theory ties in so well to getting back into a Jacko trade. Plus look at that 5 sma on the daily! I know that many are waiting for 1.52, but I just can't see that. But who knows hey
Rob
- #451
- May 6, 2008 10:13am May 6, 2008 10:13am
- Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
You traced my scent ...
I'm not smelling of BULL sh#t am I?
TEB's 200 ema theory ties in so well to getting back into a Jacko trade. Plus look at that 5 sma on the daily! I know that many are waiting for 1.52, but I just can't see that. But who knows hey
Rob
with regards Eu were in no-man's land at the moment but i am watching the 200 closely
MPP
- #452
- May 8, 2008 12:27am May 8, 2008 12:27am
- | Commercial User | Joined Nov 2007 | 1,079 Posts
I'm completely with you TEB.
In fact I just posted this a few minutes ago: http://www.forexfactory.com/showpost.php?p=1986362&postcount=3701
I've deleted the above post at Jacko's thread due to its readers' incredible focus on what one should and should not post
there, like a bunch of school kids. I doubt that half the people there read his blog where he actually considers far more
than most people realise
Rob
- #454
- May 12, 2008 12:21pm May 12, 2008 12:21pm
- Joined Jan 2007 | Status: Trader | 5,864 Posts
eur/usd 4 hour
shell we try again
TEB
- #455
- May 12, 2008 12:32pm May 12, 2008 12:32pm
- | Commercial User | Joined Nov 2007 | 1,079 Posts
I think the moment has arrived and we are now creeping over that elusive 200 ema.
I went Long at 1.54 this morning, increased the position at 1.5450 and will be staying in.
Good luck to us!
Rob
- #456
- May 13, 2008 3:32am May 13, 2008 3:32am
- Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
- #458
- May 13, 2008 4:32am May 13, 2008 4:32am
- Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
- #459
- May 15, 2008 3:24am May 15, 2008 3:24am
- | Commercial User | Joined Nov 2007 | 1,079 Posts
waiting on the Eu break of the 200ema for the long run up.
i'm biased long on Aj, 200ema held on the weekly, then broke through and became support on the daily, and is now acting as support on the 4h, the 1h has dropped though the 200ema and if it holds to turn at the 50% should give us the 123 trigger long. IMO anyway
will be interesting to see Teb's view on this
It's trying so hard to break that 200 isn't it. Have you entered or are you still waiting for a convincing break?
I'm still optimistically holding onto my Long from 1.54
Good time for reading books :nerd:
Rob
- #460
- May 15, 2008 3:56am May 15, 2008 3:56am
- Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
MPP,
It's trying so hard to break that 200 isn't it. Have you entered or are you still waiting for a convincing break?
I'm still optimistically holding onto my Long from 1.54
Good time for reading books :nerd:
Rob
had the second taken out at 1.5400, by 3 pips
so not currently in any positions, it's been rejected again. currently watching AJ, broke the 200 and now dropping looking for a good entry point now.