is this a pin on the daily or is the nose not protruding enough?
daily at fibonakki 76.4 area
daily at fibonakki 76.4 area
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- #2,722
- Feb 20, 2007 11:21am Feb 20, 2007 11:21am
- | Commercial User | Joined Oct 2005 | 2,899 Posts
Actually have the most tiny position from the PB break on that...but it was for a different reason and I'm still a bit timid holding it....but I'll try to keep it until we hit new highs or blow out the PB or something
Btw, not a great pin in my book, but at s/r like you said, so let's see how it goes...
Nice to see you're still around RaczekFX, always great to see your posts&learn from them
. I enjoy your posts as well.Strange things are happening to me. The better I do, the less desire I have to post. It's like with that buddist monk, who was meditating for years.
The more he practiced the less he talked...
- #2,727
- Feb 20, 2007 3:36pm Feb 20, 2007 3:36pm
- Joined Jul 2006 | Status: Charts + PA > * | 3,251 Posts
Yes we do, it is basically just the 8 hr pin, since we didnt have much movement today. I never pulled the trigger on the short though, but I think it was a good time to go short being off the TL that is still holding.
Hm, odd, the way I drew mine it's currently holding above it and bouncing around on it...could be close to breaking I guess, but the picture is as always totally messy. USDCHF weekly BEOB retrace COULD be finished at todays high if the prior weekly lows hold as resistance and EURUSD has just been abused as GBPUSD catalyst real bad today....the .618 of EURUSD's last upswing is holding right now, but I think tonights BOJ announcement will be the real killer for all pairs....the carry stuff alone might break most pair's back....it'd just be really odd though for cable to look bullish (it does to me currently, albeit in the usual totally messy way) and for the Euro and Swissy to completely falter, EURGBP or not.
I guess we need some news to help us along the way...
Conflicts all around. USDCHF weekly looks bearish, today's daily looks bullish so far, EURUSD is making bearish signs but holding above my TL for now and Cable solid....big mess. Add Gold dropping 15$ to that even though AUDUSD and NZDUSD remain unimpressed and you can see why I'm not happy
Feels like tossing coins currently.
Attaching my EURUSD TLs
Trust price. Know yourself.
- #2,730
- Feb 21, 2007 12:18am Feb 21, 2007 12:18am
- | Commercial User | Joined Aug 2006 | 12,004 Posts
Mike,
I been spotting this PB since yesterday. Do you think it's a valid PB? But I think it's not at traffic spot.
What you guys think...
Good luck
Mike
- #2,734
- Feb 21, 2007 1:09am Feb 21, 2007 1:09am
- Joined Jul 2006 | Status: Charts + PA > * | 3,251 Posts
He wouldn't have been stressed but closed or > +150 had he just played the break of the PB/BUOB at the low, hours before the announcement even came
Although I am starting to view Oanda VERY skeptically after seeing them use MANUAL as well as automated news spreads to artificially widen the spread during announcements...the guy types in an extra zero and cable got 200 spread instead of 20 and they had 3 days of explaining and fixing people's accounts....if they're so frickin' honest and 1:1 mirrors of the "real" market in the first place, how could they glitch in the first place? If there's nothing that needs to "fix" the spread during the news then there wouldn't need to be a guy to MANUALLY type it in, either....so much for no dealing desk....
Anyhow - trade daily bars and you can forget about all that nonsense. Let's not get carried away into YABD....yet another broker discussion
We got the Flintstones for the YABADABADOOs
(hm, did I post this chart here already? *scratches head* only been awake an hour here...)
Although I am starting to view Oanda VERY skeptically after seeing them use MANUAL as well as automated news spreads to artificially widen the spread during announcements...the guy types in an extra zero and cable got 200 spread instead of 20 and they had 3 days of explaining and fixing people's accounts....if they're so frickin' honest and 1:1 mirrors of the "real" market in the first place, how could they glitch in the first place? If there's nothing that needs to "fix" the spread during the news then there wouldn't need to be a guy to MANUALLY type it in, either....so much for no dealing desk....
Anyhow - trade daily bars and you can forget about all that nonsense. Let's not get carried away into YABD....yet another broker discussion
We got the Flintstones for the YABADABADOOs
(hm, did I post this chart here already? *scratches head* only been awake an hour here...)
Trust price. Know yourself.
- #2,736
- Feb 22, 2007 12:44pm Feb 22, 2007 12:44pm
- Joined Jul 2006 | Status: Charts + PA > * | 3,251 Posts
Hold on tight to that EJ trade, if things pan out well it might see 159.70+ easy...I think the yen pairs made some of those "could or not have been the best chance to get back in for quite a while" setups..sparked by that post-G7 selloff.
You better still be in on this! Tell me you made it through the BOJ?
160 here we come =)
(And 240+ for my GJ I hope) ;D
Trust price. Know yourself.
- #2,737
- Feb 22, 2007 12:49pm Feb 22, 2007 12:49pm
- | Commercial User | Joined Aug 2006 | 12,004 Posts
Et voila, 2 days later, pronto. 20 pips to go Mike, are you psyched?
You better still be in on this! Tell me you made it through the BOJ?
160 here we come =)
(And 240+ for my GJ I hope) ;D
Hate to say it seeking I BAILED! right before. I left my usd/jpy position but bailed on eur/jpy as I let the fundies scare me out of holding to yen positions. I will let you know i made over 150 pips on the emotion of everyone else. So i guess that makes up for it pips wise :-/
- #2,738
- Feb 22, 2007 12:57pm Feb 22, 2007 12:57pm
- Joined Jul 2006 | Status: Charts + PA > * | 3,251 Posts
Hate to say it seeking I BAILED! right before. I left my usd/jpy position but bailed on eur/jpy as I let the fundies scare me out of holding to yen positions. I will let you know i made over 150 pips on the emotion of everyone else. So i guess that makes up for it pips wise :-/
Never, ever, ever listen to the fun-makers
They're only to be made fun OF!Well hey you kept USDJPY, I only took that GJ with a very small position, so you're still golden as long as you're in
Wishing I would have put a bit more on it, even at the tiny size it's at it made me 10% in two days...could have easily been 20% and I'm still expecting some more highs to come...added an eighth of the original position size to it today at the 1h PB, but that's not exactly a gigantic boost
Ok, I admit it - I'm greedy!
But I need the winners to compensate me, I've been screwing around too much lately out of this sideway boredom stuff....hope the lord has mercy on my soul now! =)
Trust price. Know yourself.
- #2,739
- Feb 22, 2007 1:03pm Feb 22, 2007 1:03pm
- | Commercial User | Joined Aug 2006 | 12,004 Posts
Awww
Never, ever, ever listen to the fun-makers
I have been really good with that, and this is the LAST time believe me!
I saw that gbp/jpy 1hr pin(after the fact), that was nice! I havent been making many intraday trades lately. The market has been to wacky for me. Just have a few of my longer term positions.
Glad to see you having some good positions!!
Mike
