I have a sell order below what has turned out to be a heavy support level, ( 137.90 ), at 137.80.
Thank You 
- #441
- Mar 18, 2009 10:57am Mar 18, 2009 10:57am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
- #442
- Mar 18, 2009 12:25pm Mar 18, 2009 12:25pm
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
This is a follow up to post #440. It seems like the pullback is nearing completion. The head & shoulder formation is still valid at this moment. Again, good risk reward at this level, but with fomc news out in about an hour the risk will be a bit higher since anything can happen.
Anyway, good luck.
Anyway, good luck.
Thank You
- #443
- Mar 18, 2009 1:36pm Mar 18, 2009 1:36pm
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Stops amended.
1.short @4043 sl@4030 [0.2 lotsize]
Okay i'm off now. Will be back new york session. Good luck everyone.
Added to current position from previous spike. We'll see how this goes.
1. short@3982 sl@4120 :/4030 tp@3780 [0.3 lotsize] (amended stop 4030 before fomc)
Let's see how this goes
Thank You
- #444
- Mar 18, 2009 1:52pm Mar 18, 2009 1:52pm
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
short @4251 sl@4320 [0.2 lotsize]
We'll see how this goes.
We'll see how this goes.
Thank You
- #445
- Mar 18, 2009 2:26pm Mar 18, 2009 2:26pm
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Positioned myself on a small position for this pair since the risk reward looks too good too pass. That & the dark cloud cover which was posted yesterday is still pretty much still valid. The major resistance level is still holding after 3 days of testing. Will add to the position gradually should the trade work out as planned.
[email protected] [email protected] [0.2 lotsize]
Will amend the stop once price close below 127.15
Let's see how this goes.
Thank You
- #446
- Mar 18, 2009 2:36pm Mar 18, 2009 2:36pm
- | Joined Dec 2008 | Status: Trader | 1,395 Posts
woops. Got my ass handed to me on this one.
Had a good day
- #447
- Mar 18, 2009 3:20pm Mar 18, 2009 3:20pm
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Davids : Nice job bro!
Thank You
- #448
- Mar 18, 2009 3:22pm Mar 18, 2009 3:22pm
- | Joined Dec 2008 | Status: Trader | 1,395 Posts
Davids : Nice job bro!
- #449
- Mar 18, 2009 3:28pm Mar 18, 2009 3:28pm
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Davids : No idea brother. I don't trade that pair. Sorry bro
Thank You
- #450
- Mar 18, 2009 3:32pm Mar 18, 2009 3:32pm
- | Joined Dec 2008 | Status: Trader | 1,395 Posts
Davids : No idea brother. I don't trade that pair. Sorry bro
- #451
- Mar 18, 2009 3:34pm Mar 18, 2009 3:34pm
- Joined Dec 2007 | Status: Trader | 1,964 Posts
I am looking to short EURUSD where do you think would be a good place to get in
http://www.forexfactory.com/showthre...96#post2612796
baz
- #452
- Mar 18, 2009 3:38pm Mar 18, 2009 3:38pm
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
No problem baz, analysis from you & Bones are always good stuff 
Welp, catch you guys london session. I need to get some sleep. Gnite!
Welp, catch you guys london session. I need to get some sleep. Gnite!
Thank You
- #455
- Mar 18, 2009 6:57pm Mar 18, 2009 6:57pm
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
short @4251 sl@4320 [0.2 lotsize]
We'll see how this goes.
Anyway this trade didn't take long
Guess I made the wrong move jumping in too early. Oh well. Currently out on all trades with cable. Think I'll sit out for the time being and see how far the pullback goes before making a decision for the next trade.Only trade left is dragon. That trade is already locked in, so guess I'll just wait and see what becomes of that too.
Thank You
- #456
- Mar 18, 2009 7:25pm Mar 18, 2009 7:25pm
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
This is the remaining trade on dragon that I have left open since the 16th.
Stops amended.
short @139.69 [email protected] [0.2 lotsize]
The daily finish had a hanging man formation, which could well confirm the bearish outlook on the 4hourly on post #439. I do have a conflicting on the 6hrly however as it does look very bullish at the moment since the last bounce off from 135.00 level.
We'll see how it goes.
Thank You
- #457
- Mar 18, 2009 7:49pm Mar 18, 2009 7:49pm
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Thank You
- #458
- Mar 19, 2009 12:46am Mar 19, 2009 12:46am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Cable's first test to breach 4150 level failed. But since it's Asian session, personally I fell failure to breach does not carry weight. We'll see how it plays out when London resumes. If it still fails to breach the support @4150 and stays afloat, bias will favour bulls. Personally, I will not jump on the wagon too soon as the daily, tho is pointing north, is still in a downtrend.
Will wait for confirmation. Good luck
Will wait for confirmation. Good luck
Thank You
- #459
- Mar 19, 2009 12:54am Mar 19, 2009 12:54am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Thank You
- #460
- Mar 19, 2009 3:20am Mar 19, 2009 3:20am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Seems to be testing crucial levels again. Let's see if it closes above. Good luck
Thank You