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  • #72,801
  • Mar 8, 2009 6:21pm Mar 8, 2009 6:21pm
Quoting Chicky
No long ....... just a short to take you there.:nerd:
Hee...hee...hee.....I put a short on at 1.2720
Doing what you like is Freedom. Liking what you do is Happiness.
  • #72,802
  • Mar 8, 2009 6:21pm Mar 8, 2009 6:21pm
Quoting KillerWhale
I have the first short @ 1.2715, s/l 1.2765, no target yet.
1.2715 is where I got my first sell signal. Second one was at 1.2705 and I jumped in. First target 1.2650 - final target area 1.2585
  • #72,803
  • Mar 8, 2009 6:33pm Mar 8, 2009 6:33pm
Quoting Tmac
you are long from 2588 yet you have a SL at 2840?

sorry but I missed something here I think........
long left from friday and I said mental stop loss. I closed when it started down. sorry if I confused you.
Let Freedom Ring!
  • #72,804
  • Mar 8, 2009 6:35pm Mar 8, 2009 6:35pm
Quoting realjumper
Wow......how long do you imagine it will take to get way down there?
If 1.14 is taken out, I'd expect to see 1.13. If 1.13 goes, 1.11 should be the next stop. If 1.11 goes, like djam said, 1.09 to 1.08 should be the next stop.

I try not to put time limits on the movement. Considering price usually drops faster than it rises, it may not be too far away if we break through the areas I listed above.
  • #72,805
  • Mar 8, 2009 6:36pm Mar 8, 2009 6:36pm
Quoting NuckingFuts
If 1.14 is taken out, I'd expect to see 1.13. If 1.13 goes, 1.11 should be the next stop. If 1.11 goes, like djam said, 1.09 to 1.08 should be the next stop.

I try not to put time limits on the movement. Considering price usually drops faster than it rises, it may not be too far away if we break through the areas I listed above.
Ok, thanks. I will watch with interest
Doing what you like is Freedom. Liking what you do is Happiness.
  • #72,806
  • Mar 8, 2009 6:42pm Mar 8, 2009 6:42pm
Quoting NuckingFuts
If 1.14 is taken out, I'd expect to see 1.13. If 1.13 goes, 1.11 should be the next stop. If 1.11 goes, like djam said, 1.09 to 1.08 should be the next stop.

I try not to put time limits on the movement. Considering price usually drops faster than it rises, it may not be too far away if we break through the areas I listed above.
Been watching that pair for quite sometime now, still in favor of shorts with first target of 1.1350 and 1.1050.
  • #72,807
  • Mar 8, 2009 6:43pm Mar 8, 2009 6:43pm
Quoting dysan4x
1.2715 is where I got my first sell signal. Second one was at 1.2705 and I jumped in. First target 1.2650 - final target area 1.2585
I have shorts now @ 1.2715, 1.2720 and 1.2705, S/L now --- call me crazy --- @ 1.2703.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #72,808
  • Mar 8, 2009 6:56pm Mar 8, 2009 6:56pm
Quoting MackS10
Been watching that pair for quite sometime now, still in favor of shorts with first target of 1.1350 and 1.1050.
Yes, myself as well. Watching like a hawk and waiting patiently for the right time to kill. Price was struggling to close above significant weekly PPZ with PA screaming a move down was imminent.

Certainly pays off.
  • #72,809
  • Mar 8, 2009 7:01pm Mar 8, 2009 7:01pm
Cat 4 cyclone just up the way. Preparing to get hammered in the next 48 hours. Check the eye of the bugger, east coast Aus.

http://www.bom.gov.au/products/IDE00902.loop.shtml
  • #72,810
  • Mar 8, 2009 7:06pm Mar 8, 2009 7:06pm
Quoting NuckingFuts
Cat 4 cyclone just up the way. Preparing to get hammered in the next 48 hours. Check the eye of the bugger, east coast Aus.

http://www.bom.gov.au/products/IDE00902.loop.shtml
Hmm...nasty....don't send *that* bugger across the Tasman please!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #72,811
  • Mar 8, 2009 7:08pm Mar 8, 2009 7:08pm
Quoting realjumper
Hmm...nasty....don't send *that* bugger across the Tasman please!!
You might be fishing me out of the waters over your way if it hits land.
  • #72,812
  • Mar 8, 2009 7:19pm Mar 8, 2009 7:19pm
Quoting Chicky
"Hey will you mange my 20 million dollars I just made in fx market? I really need a fund manager to manage my account."

This can only come from a dumb person.
That must be a hypothetical, right? Because I didn't say anything about someone else making money in FX turning it over to me?
  • #72,813
  • Edited 7:37pm Mar 8, 2009 7:21pm | Edited 7:37pm
Quoting KillerWhale
I have shorts now @ 1.2715, 1.2720 and 1.2705, S/L now --- call me crazy --- @ 1.2703.
You are clever!

But you would be more clever if you profit your shorts at 1.2675.

If next M30 do not close below 1.2675, close your shorts.
Do not move your SL!
  • #72,814
  • Mar 8, 2009 7:24pm Mar 8, 2009 7:24pm
It is still too early (for the week) but will proceed nonetheless with a Limit Sell around R1 @ 1.2745 . Will add 2 more short near M4 @ 1.2800.
I will bail out @ 1.2850.
  • #72,815
  • Mar 8, 2009 7:39pm Mar 8, 2009 7:39pm
I might be wrong, but it looks like the next "big" move will probably test R1 rather than the daily pivot.

I've already closed out my shorts for profit, until it breaks out of the current range, and then probably scalp my way to R1 or daily pivot.

And then after that, I will re-evaluate.
  • #72,816
  • Mar 8, 2009 7:43pm Mar 8, 2009 7:43pm
Quoting SunTrader
That must be a hypothetical, right? Because I didn't say anything about someone else making money in FX turning it over to me?
Indeed.
The Thief of Wall Street
  • #72,817
  • Mar 8, 2009 7:54pm Mar 8, 2009 7:54pm
That's a pretty double bottom on the M5
  • #72,818
  • Mar 8, 2009 7:57pm Mar 8, 2009 7:57pm
I closed out my shorts on the last bounce @2680 - just doesn't have enough to get through right now.
  • #72,819
  • Mar 8, 2009 8:03pm Mar 8, 2009 8:03pm
Quoting BoredToLoose
You are clever!

But you would be more clever if you profit your shorts at 1.2675.

If next M30 do not close below 1.2675, close your shorts.
Do not move your SL!
Lol, I got out an hour ago @ 1.2685, just in time. have a short now from 1.2699 with the same s/l 1.2703. 4 pips risk here.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #72,820
  • Mar 8, 2009 8:10pm Mar 8, 2009 8:10pm
Quoting KillerWhale
Lol, I got out an hour ago @ 1.2685, just in time. have a short now from 1.2699 with the same s/l 1.2703. 4 pips risk here.
Closed this one too, shorts don't look convincing at the moment. Waiting for better entry.
New voice message: Why are you calling me? If I need you, I'll call you!
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