DislikedWhat's going to happen next... hmm a bounce from 208 (daily 5sma) or fall through and test some supports down belowIgnored
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #91,542
- Jun 10, 2008 2:17am Jun 10, 2008 2:17am
- Joined Sep 2006 | Status: Collector | 9,833 Posts
What's going to happen next... hmm a bounce from 208 (daily 5sma) or fall through and test some supports down below
but yes you are right, the first bounce possible on 207.8 5sma [daily] and Gann [4h], 50ema [1H]
- #91,544
- Jun 10, 2008 2:20am Jun 10, 2008 2:20am
- Joined Aug 2007 | Status: TARFU... | 7,015 Posts
FUBAR...
- #91,545
- Jun 10, 2008 2:20am Jun 10, 2008 2:20am
- Joined Jan 2007 | Status: Trader | 3,719 Posts
i would think so too. but this looks like it is ready to shoot up again after a retracement...
I honestly belive that we finished wave 4. I am expecting start on new wave 5 on daily. But it is a market.. we wait and trade
Nihil Sine Deo.
- #91,546
- Jun 10, 2008 2:21am Jun 10, 2008 2:21am
- Joined Sep 2007 | Status: gone fishing | 5,782 Posts
Greetings everybody,
today i took a trade from 4hr chart on the break of the beautifull Inside bar short @ 209.96 and that was also dm3 midpivot. Position up 40-50pips, also we had 1hr close below Gann as Karmo mentioned
Lets see how this one plays out
Cheers everybody!
today i took a trade from 4hr chart on the break of the beautifull Inside bar short @ 209.96 and that was also dm3 midpivot. Position up 40-50pips, also we had 1hr close below Gann as Karmo mentioned
Lets see how this one plays outCheers everybody!
- #91,547
- Jun 10, 2008 2:24am Jun 10, 2008 2:24am
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
I honestly belive that we finished wave 4. I am expecting start on new wave 5 on daily. But it is a market.. we wait and trade
but yes you are right, the first bounce possible on 207.8 5sma [daily] and Gann [4h], 50ema [1H]
Trade what you see, not what you think.
- #91,549
- Jun 10, 2008 2:36am Jun 10, 2008 2:36am
- Joined Aug 2007 | Status: TARFU... | 7,015 Posts
FUBAR...
- #91,550
- Jun 10, 2008 2:37am Jun 10, 2008 2:37am
- Joined Oct 2007 | Status: Saudi Arabia/Dubai | 3,584 Posts
yeah I'm more and more thinking that we'll see a drop to 208.80 -208.70 area or 50% fib from the last move up on the hour chart from 205.80. than up up and way but.
Only time will tell.
- #91,551
- Jun 10, 2008 2:41am Jun 10, 2008 2:41am
- Joined Sep 2007 | Status: gone fishing | 5,782 Posts
Well, patience is the key
Ive learned that the hard way though...
After how many pips in bank you put sl to b/e guys?
Cheers
Ive learned that the hard way though...
After how many pips in bank you put sl to b/e guys?
Cheers
- #91,552
- Jun 10, 2008 2:43am Jun 10, 2008 2:43am
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
Well, patience is the key
Ive learned that the hard way though...
After how many pips in bank you put sl to b/e guys?
Cheers
Always lock in profit, always.
Trade what you see, not what you think.
- #91,553
- Jun 10, 2008 2:45am Jun 10, 2008 2:45am
- Joined Sep 2007 | Status: gone fishing | 5,782 Posts
80-100 pips for GJ and then I keep moving it slowly depending on price action
Always lock in profit, always.
Cheers mate
- #91,554
- Jun 10, 2008 2:57am Jun 10, 2008 2:57am
- Joined Aug 2007 | Status: TARFU... | 7,015 Posts
FUBAR...
- #91,555
- Jun 10, 2008 3:07am Jun 10, 2008 3:07am
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
Trade what you see, not what you think.
- #91,559
- Jun 10, 2008 3:17am Jun 10, 2008 3:17am
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
Trade what you see, not what you think.