DislikedThere's another strange 'Henrycarol' resistance at 1.9710 area. Let's see what will happen when and if it reaches it.Ignored
I am just here to talk nonsense =D
- #5,665
- Feb 6, 2007 5:56am Feb 6, 2007 5:56am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
This is what I've traded so far. couple of trendlines, 1 fibo, price action. henrycarol threat reminder 
Lower up trend line working fine. Now it is whether or not price will break the downward channel (from 9913).
Yes, henrycarol sitting right at the 9710, guess that's why he's out of the market as of yet.
Spike above 9700 is likely but I'll not jump in this bandwagon in the middle of the panic. May have even traded my day already. It is all up to the US now.
Jump and stay above 9700 may get the channel wider only. Above 9750 with consistency I'd call it overdone. Never much to say that we're having BOE on Thursday.
http://i2.photobucket.com/albums/y28/cesarnc/feb6.jpg
Lower up trend line working fine. Now it is whether or not price will break the downward channel (from 9913).
Yes, henrycarol sitting right at the 9710, guess that's why he's out of the market as of yet.
Spike above 9700 is likely but I'll not jump in this bandwagon in the middle of the panic. May have even traded my day already. It is all up to the US now.
Jump and stay above 9700 may get the channel wider only. Above 9750 with consistency I'd call it overdone. Never much to say that we're having BOE on Thursday.
http://i2.photobucket.com/albums/y28/cesarnc/feb6.jpg
- #5,666
- Feb 6, 2007 5:57am Feb 6, 2007 5:57am
I'm keeping my pants... Longed all the way from 9606 step by step, mostly driven by the short calls...
too bad, I am on a small account...
I am just here to talk nonsense =D
- #5,667
- Feb 6, 2007 5:57am Feb 6, 2007 5:57am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
Is it the time to liquidate the shorts!!!
or stick to it expecting that it will retrace
- #5,668
- Feb 6, 2007 5:58am Feb 6, 2007 5:58am
This is what I've traded so far. couple of trendlines, 1 fibo, price action. henrycarol threat reminder
Lower up trend line working fine. Now it is whether or not price will break the downward channel (from 9913).
Yes, henrycarol sitting right at the 9710, guess that's why he's out of the market as of yet.
Spike above 9700 is likely but I'll not jump in this bandwagon in the middle of the panic. May have even traded my day already. It is all up to the US now.
Jump and stay above 9700 may get the channel wider only. Above 9750 with consistency I'd call it overdone. Never much to say that we're having BOE on Thursday.
http://i2.photobucket.com/albums/y28/cesarnc/feb6.jpg
I am just here to talk nonsense =D
- #5,669
- Feb 6, 2007 5:59am Feb 6, 2007 5:59am
- Joined Jan 2007 | Status: Trader | 11,838 Posts
I'm keeping my pants... Longed all the way from 9606 step by step, mostly driven by the short calls...
Now there's a double top at 9687, so I'm out of my longs till it clarifies.
Trading Levels with WRBs
- #5,670
- Feb 6, 2007 5:59am Feb 6, 2007 5:59am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
god~~!! what a nice chart lol!!!!!!!!!!
I say, if it touches 9700 SELL YOUR SHORTS (pants, shirts, dog, everything!)
I will wait and watch what the one hour chart says in th US time
- #5,673
- Feb 6, 2007 6:09am Feb 6, 2007 6:09am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
- #5,674
- Feb 6, 2007 6:12am Feb 6, 2007 6:12am
- | Joined Sep 2006 | Status: Forex Newbie | 1,517 Posts
A 5-wave sequence in m5 from 1.9588 is finishing imo. Right, SeekingLight? 
Currently @1.9692.
Currently @1.9692.
Tra-X
- #5,677
- Feb 6, 2007 6:17am Feb 6, 2007 6:17am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
A 5-wave sequence in m5 from 1.9588 is finishing imo. Right, SeekingLight?
Currently @1.9692.
Never paid too much attention to wave counts, cause I thought they worked well only in bigger timeframes. But it was nice to see it working in the 5M... And also to see them working with 5M's RSI. Thanks for the call.
- #5,678
- Feb 6, 2007 6:41am Feb 6, 2007 6:41am
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
Trade what you see, not what you think.
- #5,679
- Feb 6, 2007 6:46am Feb 6, 2007 6:46am
- | Joined Apr 2006 | Status: Senior Member | 1,257 Posts
