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  • #102,221
  • Edited 11:36am May 28, 2009 11:20am | Edited 11:36am
Quoting F.x.
Here are some levels that I can see us revisiting... as you can see I don't deal with numbers to the pips, just general areas.

Right now the first level (1.388 area) has turned to support. So we may not drop through it. (though I think we will...)

Then we have 2 more significant support areas... I think it's quite reasonable that we would revisit one or both of those...

So... I don't think it's so bad to be holding a trade from 3850... but much more than that wouldn't be wise in my book...

Do you have a SL set on those positions from 3850?...

Of course I have a SL 1.4020. I'm not married to this trade.

Your levels make sense but - as you know - all levels aren't equal.

1.389 is by far the most significant support in the immediate vicinity (+100 or -100 pips) IMHO. There's actually a good chance that it will hold. For me if that level is taken out it opens the way to 1.379 then 1.369 (zonal).
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  • #102,222
  • May 28, 2009 11:23am May 28, 2009 11:23am
Not convinced that it is longs yet, can go either way.
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New voice message: Why are you calling me? If I need you, I'll call you!
  • #102,223
  • May 28, 2009 11:25am May 28, 2009 11:25am
Quoting GastonCorzo
u really do not make up your mind
huh??? dude ive been short since friday (4037) on my big trade.. im doing a little scalping and day trading on another account..talk what you know not just to blow..
those who can, do. those who cant, talk about those who can
  • #102,224
  • May 28, 2009 11:25am May 28, 2009 11:25am
Quoting wormboy
It's been down the whole week. Pretty straightforward trading.
Here are some charts.

http://www.forexfactory.com/showpost...postcount=1146
http://www.forexfactory.com/showpost...postcount=1148
http://www.forexfactory.com/showpost...postcount=1157

Have a good one, good luck.

I agree!!!
  • #102,225
  • May 28, 2009 11:26am May 28, 2009 11:26am
Quoting wormboy
It's been down the whole week. Pretty straightforward trading.
Here are some charts.

http://www.forexfactory.com/showpost...postcount=1146
http://www.forexfactory.com/showpost...postcount=1148
http://www.forexfactory.com/showpost...postcount=1157

Have a good one, good luck.
yae i know i was just trying to get the response from this member that told me to trade what my charts said implying that it was going up when i was trying to give my point of view that this trend is going down on the medium term IF THE BOND AUCTION DONT MESS UP THE DAY BE CAREFULL IM SHORT AND BUILDING MORE SHORTS AS IT GOES UP
MY FIRST TARGET IS 1.3750 follow by 1.3700
  • #102,226
  • May 28, 2009 11:27am May 28, 2009 11:27am
[quote=notch;2763118]Of course I have a SL 1.4020. I'm not married to this trade.
quote]




Here's my chart in case anyone wants to use it
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  • #102,227
  • May 28, 2009 11:28am May 28, 2009 11:28am
Quoting gatorinla
talk what you know not just to blow..

I'm definitely going to use that phrase!
  • #102,228
  • May 28, 2009 11:29am May 28, 2009 11:29am
[quote=F.x.;2763139]
Quoting notch
Of course I have a SL 1.4020. I'm not married to this trade.
quote]




Here's my chart in case anyone wants to use it

Hey F.X
is this A " BROKEN MIRROR "
THE CREATOR AND OWNER OF S.N.M "Serve no Master" Trading Stystem
  • #102,229
  • May 28, 2009 11:31am May 28, 2009 11:31am
hey notch
are you going south with me
to south-pole ???
THE CREATOR AND OWNER OF S.N.M "Serve no Master" Trading Stystem
  • #102,230
  • May 28, 2009 11:32am May 28, 2009 11:32am
Quoting gatorinla
huh??? dude ive been short since friday (4037) on my big trade.. im doing a little scalping and day trading on another account..talk what you know not just to blow..
then it seems like you do not make up your mind im shorts since 1.4046 i do not understand then whta thaaa hell are u talking about better of not answering what you do not know ,,, dont you think???? you get in the middle of my oppinion that for us to see 1.44 we have to see oil prices at 90 100 dollar and dowjones at 12000 and you come with the remark trade your charts !!!!! thennnnn what tha hell are yo talking about
??????????????????
  • #102,231
  • May 28, 2009 11:34am May 28, 2009 11:34am
Quoting negro wolf
hey notch
are you going south with me
to south-pole ???
Yep. I've been short now for longer than I care to remember...
  • #102,232
  • May 28, 2009 11:35am May 28, 2009 11:35am
Quoting notch
I agree!!!
Just a retrace before the uptrend resumes - lol.
  • #102,233
  • May 28, 2009 11:36am May 28, 2009 11:36am
Quoting notch
Yep. I've been short now for longer than I care to remember...

riding together the same train even from the same station
makes me feel better
i hope to recover my mid-day loss
" 70 pip "
THE CREATOR AND OWNER OF S.N.M "Serve no Master" Trading Stystem
  • #102,234
  • May 28, 2009 11:36am May 28, 2009 11:36am
Quoting GastonCorzo
welll guys i think the rally and sell time is here,,, i hope every one profits to the max
1.3600 1st target 0.382 fibo
1.3450 2nd target 0.500 fibo
1.3325 3rd target 0.618 fibo in this last target well see how it developes.
1
  • #102,235
  • May 28, 2009 11:36am May 28, 2009 11:36am
Quoting GastonCorzo
whats north for you??? how many pips are you loking for and what will be your target???
2
  • #102,236
  • May 28, 2009 11:37am May 28, 2009 11:37am
Quoting GastonCorzo
it will take more than good news for that target s&p above 1300 oil back to 90 100 a barrel and most important is the monthly candle that closes tomorrow it looks to my that it may close as a hanging man if we reach 1.40 today i do not personally think well have the streng to brake it today much less tomorrow but anything can happen and i may be wrong just my point of view base on my startegy ill be constructing a nice top for next week if in fact closes below 1.40 tomorrow
3
  • #102,237
  • May 28, 2009 11:37am May 28, 2009 11:37am
Quoting GastonCorzo
yae i know i was just trying to get the response from this member that told me to trade what my charts said implying that it was going up when i was trying to give my point of view that this trend is going down on the medium term IF THE BOND AUCTION DONT MESS UP THE DAY BE CAREFULL IM SHORT AND BUILDING MORE SHORTS AS IT GOES UP
MY FIRST TARGET IS 1.3750 follow by 1.3700
you should go back and read post.. you said it was long not me.. i told you to go by your charts... now you contradict that by saying your chart says lower.. get a hold of both of your personality's. the only thing i implied is you should make up your own mind..i never implied it was going up or down in my post to you. if you read my post since friday it will show me trying to pick a top.
those who can, do. those who cant, talk about those who can
  • #102,238
  • May 28, 2009 11:38am May 28, 2009 11:38am
seems to me that that phrase really define you jajajja"talk what you know not just to blow "
  • #102,239
  • May 28, 2009 11:39am May 28, 2009 11:39am
Quoting stewrigh
Just a retrace before the uptrend resumes - lol.

Well you might get a slight bounce upwards just in case you want to offload the position in order to join Bear side....the right side.
  • #102,240
  • May 28, 2009 11:40am May 28, 2009 11:40am
Quoting gatorinla
you should go back and read post.. you said it was long not me.. i told you to go by your charts... now you contradict that by saying your chart says lower.. get a hold of both of your personality's. the only thing i implied is you should make up your own mind..i never implied it was going up or down in my post to you. if you read my post since friday it will show me trying to pick a top.
what ever kiddo!!!!!!!!!!!
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