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  • #47,461
  • Nov 28, 2008 10:11am Nov 28, 2008 10:11am
Quoting knuckledrag
Its the end of the month on Friday. I hate to sound scared but
So far I cant complain...only 60 pips away from my previous posted target now...
Even if we don't hit it...made plenty down the way...if we make it..well..that's a nice dessert...
  • #47,462
  • Nov 28, 2008 10:13am Nov 28, 2008 10:13am
Quoting knuckledrag
Its the end of the month on Friday. I hate to sound scared but
You shouldn't be scared...why? Cuz you're on scare tactics! Great job Shadow and the others who contribute to this thread..lots to learn from these guys..keep it up and have a great weekend!
  • #47,463
  • Nov 28, 2008 10:17am Nov 28, 2008 10:17am
Quoting cemfx
You shouldn't be scared...why? Cuz you're on scare tactics! Great job Shadow and the others who contribute to this thread..lots to learn from these guys..keep it up and have a great weekend!
Today was the ShadowFx, HardHead1 and Doblece show. Nice going guys. Hanging in for a few more PIPs before calling it a week.
Up or down, gimme a ticket
  • #47,464
  • Nov 28, 2008 10:17am Nov 28, 2008 10:17am
Quoting Shadowfx
So far I cant complain...only 60 pips away from my previous posted target now...
Even if we don't hit it...made plenty down the way...if we make it..well..that's a nice dessert...
I chickened out. Took my pips and ran. The DOW is playing tag with it's opening price and I just couldn't justify letting it retrace. I think you'll make it though
  • #47,465
  • Nov 28, 2008 10:20am Nov 28, 2008 10:20am
Flat now. I closed shorts that I had opened on Monday at these levels and I closed them green. I'm friggin happy about that.

Have a good weekend everybody.
  • #47,466
  • Nov 28, 2008 10:22am Nov 28, 2008 10:22am
we might just reach that 1.2600 level today. let's see.
  • #47,467
  • Nov 28, 2008 10:22am Nov 28, 2008 10:22am
I'm out for today with +65 green pips

have a nice weekend
  • #47,468
  • Nov 28, 2008 10:34am Nov 28, 2008 10:34am
Ill be darned, it did go on down.
  • #47,469
  • Nov 28, 2008 10:35am Nov 28, 2008 10:35am
Quoting hard1head1
Ill be darned, it did go on down.
40 pips away from target...and counting...smiles..
Maybe we should call it "Green Friday" in future...

As always..just my 2 cents..well make that 3 today..
  • #47,470
  • Nov 28, 2008 10:40am Nov 28, 2008 10:40am
and money flows like water as algs would say, I wish he was sailing this down too :/

Ive decided to go long from 1.265 btw, 30mins to london close, i think some profit taking will take place..


edit: bull flags on 15M? tight SL ppl!
  • #47,471
  • Nov 28, 2008 10:43am Nov 28, 2008 10:43am
Quoting MackS10
we might just reach that 1.2600 level today. let's see.
EJ 15M bounced off of support at S3 which is also a psych level at 120.50. EJ has been leading EU a bit recently.

EU is at 1/4 pivot between S2 and S3 and psych level 1.2650, all of which is close to a daily 76.4% fib retracement (from 11/2005 lows to 7/2008 highs).

Closed my final EJ short from yesterday from 123.56 for close to 300 pips, and closed my final EU short from yesterday from 1.2946.

Will take a small countertrend trade from 1.2639 with tight SL and close today and not hold into the weekend.
  • #47,472
  • Nov 28, 2008 10:49am Nov 28, 2008 10:49am
added Short re-entry @1.2683 with tight stoploss...

To early...lost few pips..
  • #47,473
  • Nov 28, 2008 10:54am Nov 28, 2008 10:54am
Quoting Shadowfx
added Short re-entry @1.2683 with tight stoploss...

To early...lost few pips..
Maybe we will get better resistance from S4.

edit: however, we did break the 5 min down TL
  • #47,474
  • Nov 28, 2008 10:54am Nov 28, 2008 10:54am
Quoting Shadowfx
added Short re-entry @1.2683 with tight stoploss...

To early...lost few pips..
Well we had a good run. I'm flat for the weekend. You guys have a good one, and Shadow, I hope you'll stick around this time. The thread has gotten more civil and focused.

My two cents, to borrow a line from a guy whose talents I respect.
Up or down, gimme a ticket
  • #47,475
  • Nov 28, 2008 10:59am Nov 28, 2008 10:59am
Quoting TradeWell
Maybe we will get better resistance from S4.

edit: however, we did break the 5 min down TL
I'm careful now..we reached 1.27 again..took profits on my shorts at 1.265, 40 pips short on my target..but still good trades.

Not sure if I want add any before the weekend now

My motto is don't let Mr Greed rule..
  • #47,476
  • Nov 28, 2008 11:00am Nov 28, 2008 11:00am
Possible pinbar setting up on the 1HR with bullish hammer on the 15M. Watch your shorts here.
  • #47,477
  • Nov 28, 2008 11:05am Nov 28, 2008 11:05am
Quoting SpecialEd
Well we had a good run. I'm flat for the weekend. You guys have a good one, and Shadow, I hope you'll stick around this time. The thread has gotten more civil and focused.

My two cents, to borrow a line from a guy whose talents I respect.
Thanks for your comments Ed, I will try to stay active if it doesn't interfere to much with my trading activities.

Have a good weekend
  • #47,478
  • Nov 28, 2008 11:28am Nov 28, 2008 11:28am
If this wave count is right, then there is a lot more downside to come next week. Good weekend all and see you Sunday night.
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  • #47,479
  • Nov 28, 2008 11:30am Nov 28, 2008 11:30am
I just noticed this on the weekly. The 34 SMA has now crossed the 60 SMA. So that's a confirmed trend down. Just letting you know in case anyone wasn't aware of the trend change.
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  • #47,480
  • Nov 28, 2008 11:51am Nov 28, 2008 11:51am
i know the stock markets close early today (in 10min) but how about the US forex trading session? when does it close today?
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