Did the same, loaded up while it was bouncing on the 15m trendline, then shat my pants when it broke up and moved all stops a hair above 1.52.
7% in the stock market in one day and people are poppin champagne bottles. Way to go.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #134,961
- Nov 12, 2008 3:14am Nov 12, 2008 3:14am
- | Commercial User | Joined Mar 2008 | 1,651 Posts
- #134,962
- Nov 12, 2008 3:14am Nov 12, 2008 3:14am
- Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts
waiting
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
- #134,963
- Nov 12, 2008 3:15am Nov 12, 2008 3:15am
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
Trade what you see, not what you think.
- #134,965
- Nov 12, 2008 3:21am Nov 12, 2008 3:21am
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
- #134,966
- Nov 12, 2008 3:23am Nov 12, 2008 3:23am
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
I miss Orionsway...
I hope he didn't declare bankruptcy..
- #134,968
- Nov 12, 2008 3:31am Nov 12, 2008 3:31am
- Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++
- #134,969
- Nov 12, 2008 3:38am Nov 12, 2008 3:38am
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
What do You think? the news stopped bear move, so they wait and they are getting ready to start again..hope so!!!
Super analyses, all of You, peaches , KARMO, You Malcolm...super!!
i mentioning the past 2 days a small correlation between cable and oil. oil cleared the 60$ barrier a short while ago, signaling a strong possibility of visiting 51$. the instant it cleared 60$ cable also cleared the 1.55 region (telling us we are still in the dollar strength era). i was predicting a major correction in oil the past 2-3 weeks, with a first stop at 71.50. however, we did NOT go a dollar above that level, that's alot of weakness in oil prices / dollar strength.
GJ's move down in the past 12 hours was due to cable weakness as well.
if u also look at euro's chart, we have a very similar pattern.
UJ and YM have still to clear some major support. that being 97 for UJ and 8580 for YM.
patterns are very similar, and major supports are holding for UJ and YM. cable on the other hand SHOULD go DOWN to visit the lows, and GJ should follow to visit its own lows.
IF YM and UJ break their support and start heading down, GJ's 139 will NOT hold
that's what i have in mind in brief. hope it helps.
- #134,970
- Nov 12, 2008 3:38am Nov 12, 2008 3:38am
- | Additional Username | Joined Sep 2009 | 8,623 Posts
Yes indeed, cheers to you.
- #134,973
- Nov 12, 2008 3:49am Nov 12, 2008 3:49am
- | Commercial User | Joined Dec 2007 | 1,089 Posts
thanks I have next to me as well chart of oil, and like You wrote it is in all in similar positions, when I looked at that NOW!!
Thanks to You.
From Where do You have a chart for YM?? Which platform??
Hope we will visit 139!!
there are lots of thoughts going on in my mind at the moment. but the dominating one is bearish.
i mentioning the past 2 days a small correlation between cable and oil. oil cleared the 60$ barrier a short while ago, signaling a strong possibility of visiting 51$. the instant it cleared 60$ cable also cleared the 1.55 region (telling us we are still in the dollar strength era). i was predicting a major correction in oil the past 2-3 weeks, with a first stop at 71.50. however, we did NOT go a dollar above that level, that's alot of weakness in oil...
- #134,977
- Nov 12, 2008 4:01am Nov 12, 2008 4:01am
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
i'm showing a CCI and momentum TL on m30. we need CCI to close below the 0 line for confirmation. when momentum also closes below that TL, we WILL see a retest of 149 for starters. i will be closing some of my short entries there, but not all of course.
Attachment
locked in more pips at that level
- #134,978
- Nov 12, 2008 4:05am Nov 12, 2008 4:05am
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
Trade what you see, not what you think.
- #134,980
- Nov 12, 2008 4:08am Nov 12, 2008 4:08am
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts