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  • #36,961
  • Oct 5, 2008 4:32pm Oct 5, 2008 4:32pm
Quoting Monk
took a small long targeting 3700. stop at 3660
Same here. 3666 remains strong support level. Provides good retracement back to that 3880 area resistance area as well for potential short entry
  • #36,962
  • Oct 5, 2008 4:44pm Oct 5, 2008 4:44pm
Quoting Monk
took a small long targeting 3700. stop at 3660
welp....target hit....now what.....
--post hoc ergo propter hoc--
  • #36,963
  • Oct 5, 2008 4:47pm Oct 5, 2008 4:47pm
someone please tell me ... will it go down more ? i am a newbie here.
  • #36,964
  • Oct 5, 2008 4:49pm Oct 5, 2008 4:49pm
Don't think my trading platform alive yet but see some big gap of 177pips in eurjpy & 102 pips in gbpjpy sp also expect similay in eurusd & gbpusd too , charts still showing 3 oct .Anyway I will be happy if gap down gbpusd & gold , 2 shorts did not cashed last friday & so can't sleep without seeing the fate.


fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #36,965
  • Oct 5, 2008 4:54pm Oct 5, 2008 4:54pm
guys while ibfx does not open for another 7minutes i highly recommend not taking any positions...the gap opened below what i considered a strong support at 1.3700 and its very possible that may be acting as current resistance....waiting a few hours more or even better..until london sessions should gives us a clear picture of whats going on...
Different opinions highly valued, ignorant to slander.
  • #36,966
  • Oct 5, 2008 4:56pm Oct 5, 2008 4:56pm
Do not trade now!
  • #36,967
  • Oct 5, 2008 4:57pm Oct 5, 2008 4:57pm
Quoting psiholog
guys while ibfx does not open for another 7minutes i highly recommend not taking any positions...the gap opened below what i considered a strong support at 1.3700 and its very possible that may be acting as current resistance....waiting a few hours more or even better..until london sessions should gives us a clear picture of whats going on...
it opened beneath it, and bounced right off of it on the upswing. dont know if the gap will be filled today.
  • #36,968
  • Oct 5, 2008 4:57pm Oct 5, 2008 4:57pm
I have been short from 39, I would never never go long right now, not even for a scalp. Jeez people, you are playing with fire.
  • #36,969
  • Oct 5, 2008 4:58pm Oct 5, 2008 4:58pm
Quoting PipGal
I have been short from 39, I would never never go long right now, not even for a scalp. Jeez people, you are playing with fire.
no guts no glory. but yea, I admit, long right now is suicide.
  • #36,970
  • Oct 5, 2008 5:00pm Oct 5, 2008 5:00pm
Quoting kasper
no guts no glory. but yea, I admit, long right now is suicide.
Agree with "not guts no glory" part but if you must scalp. go short.
  • #36,971
  • Oct 5, 2008 5:01pm Oct 5, 2008 5:01pm
.... a very important line I have in my chart.

if this is resistance now, we are going for 1.3520.
1.3520 is my next daily stop!
Longs now are DANGER!
  • #36,972
  • Oct 5, 2008 5:01pm Oct 5, 2008 5:01pm
Quoting psiholog
guys while ibfx does not open for another 7minutes i highly recommend not taking any positions...the gap opened below what i considered a strong support at 1.3700 and its very possible that may be acting as current resistance....waiting a few hours more or even better..until london sessions should gives us a clear picture of whats going on...

ive been shot since 1.4000 moved my stop when market open to 1.3720 so i do hope thats a strong resistance @1.3700
  • #36,973
  • Oct 5, 2008 5:02pm Oct 5, 2008 5:02pm
Quoting BoredToLoose
.... a very important line I have in my chart.

if this is resistance now, we are going for 1.3520.
1.3520 is my next daily stop!
Longs now are DANGER!
longs arent in danger my friend. they're dead. I'd actually be curious if there are still any longs left after the gap?
  • #36,974
  • Oct 5, 2008 5:04pm Oct 5, 2008 5:04pm
Quoting kasper
longs arent in danger my friend. they're dead. I'd actually be curious if there are still any longs left after the gap?
Well, depends.

I had some nice scalping for 27 pips now..
  • #36,975
  • Oct 5, 2008 5:04pm Oct 5, 2008 5:04pm
Quoting psiholog
guys while ibfx does not open for another 7minutes i highly recommend not taking any positions...the gap opened below what i considered a strong support at 1.3700 and its very possible that may be acting as current resistance....waiting a few hours more or even better..until london sessions should gives us a clear picture of whats going on...
Good to see you back psiholog!! don't let these guy bug you and for people askig for signal, just tell them you are not a signal service and to look at thier charts and like me use you and others as a reference or confirmation of my own trades

I went short Friday and just closed it as ibfx just opened.
  • #36,976
  • Oct 5, 2008 5:05pm Oct 5, 2008 5:05pm
.... how price will act around 1.3666/76
Let's see if will break or not!
  • #36,977
  • Oct 5, 2008 5:05pm Oct 5, 2008 5:05pm
here is how my platform opened. notice we are very close to tapping the upper wall of the previous descending triangle. it is too early to know exactly what comes next...we can either see a large move up filling a gap that is visible on all platforms or we can crush through that wall at any time...again i highly suggest waiting for a better pattern to develop

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Different opinions highly valued, ignorant to slander.
  • #36,978
  • Oct 5, 2008 5:08pm Oct 5, 2008 5:08pm
Quoting ShadowPrince
ive been shot since 1.4000 moved my stop when market open to 1.3720 so i do hope thats a strong resistance @1.3700
Perfect thinking
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  • #36,979
  • Oct 5, 2008 5:12pm Oct 5, 2008 5:12pm
Quoting BoredToLoose
.... a very important line I have in my chart.

if this is resistance now, we are going for 1.3520.
1.3520 is my next daily stop!
Longs now are DANGER!

{Promotion Removed}
  • #36,980
  • Oct 5, 2008 5:12pm Oct 5, 2008 5:12pm
still holding my short

from 1.3905

Sl: 1.3750
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