Short at 1.4155, TP for now is 1.4050 and SL for now at 1.4085
- #122,361
- Jul 16, 2009 4:22pm Jul 16, 2009 4:22pm
- | Joined May 2009 | Status: Fight until we die | 1,114 Posts
- #122,362
- Jul 16, 2009 4:23pm Jul 16, 2009 4:23pm
- Joined May 2009 | Status: User of Geppy patience pills | 7,645 Posts
I'm sceptical about that entry, but you had your winners today
-trend is up
-resistance @ 4140
-most impotant level @ 4150 taken
-all talking about shorts
-micro PA when 4150 was taken
You never know, sleep it over and prob. wake very early
Don't be a hero. Don't have an ego. Always question yourself
- #122,363
- Jul 16, 2009 4:24pm Jul 16, 2009 4:24pm
- Joined Apr 2009 | Status: Live and learn. | 25,220 Posts | Online Now
Wtf man? Are you high or something? No kiding your "channel" it's BS man. Sorry I call it but it seems to be BS day.
"If The Fool persists in his Folly he will become wise." - William Blake
- #122,365
- Jul 16, 2009 4:25pm Jul 16, 2009 4:25pm
- | Joined May 2009 | Status: Fight until we die | 1,114 Posts
Oh shit, who went & pissed off The Fisherman?!!???
Thanks man. Really appreciate your moral support.
- #122,366
- Jul 16, 2009 4:25pm Jul 16, 2009 4:25pm
- Joined Oct 2006 | Status: Trader | 7,219 Posts
Nah! Definitely I['m high today or everybody else is: how can your TP AND SL be lower than your entry point. Arrrrrghhh!
Nothing worth having is easy.
- #122,367
- Jul 16, 2009 4:26pm Jul 16, 2009 4:26pm
Nah! Definitely I['m high today or everybody else is: how can your TP AND SL be lower than your entry point. Arrrrrghhh!
Sorry dude, I already corrected my mistake.
On a journey to consistency.
- #122,369
- Jul 16, 2009 4:28pm Jul 16, 2009 4:28pm
- Joined Jul 2009 | Status: Trader | 4,859 Posts
Go Fish
Disclaimer: Check your 1m charts
- #122,371
- Edited 4:35pm Jul 16, 2009 4:32pm | Edited 4:35pm
Hello!
On the daily chart we see price reaching the upper band of BB. It is also an area of resistance. We could see a down trend for tomorrow. If the resistance is broken and candle closes above it we may reach 1.4300 where, again, we should expect some supply as it's the top of the last few weeks. This should be taken into consideration after London session starts as price becomes more and more volatile.
Take care
On the daily chart we see price reaching the upper band of BB. It is also an area of resistance. We could see a down trend for tomorrow. If the resistance is broken and candle closes above it we may reach 1.4300 where, again, we should expect some supply as it's the top of the last few weeks. This should be taken into consideration after London session starts as price becomes more and more volatile.
Take care
- #122,372
- Jul 16, 2009 4:35pm Jul 16, 2009 4:35pm
I'm not doubting your knowledge in any way. I like to analyse what others do. Besides my shorts are still in red (even more red than yesterday) so you don't have to learn from me.
Could be, but I see:
-trend is up
-resistance @ 4140
-most impotant level @ 4150 taken
-all talking about shorts
-micro PA when 4150 was taken
You never know, sleep it over and prob. wake very early
Close your eyes when you feel you are going under.
- #122,373
- Jul 16, 2009 4:38pm Jul 16, 2009 4:38pm
ROFL! I'm gonna buy oil at $20. I really need some for the winter to come! 
Nah! Definitely I['m high today or everybody else is: how can your TP AND SL be lower than your entry point. Arrrrrghhh!
Close your eyes when you feel you are going under.
- #122,374
- Jul 16, 2009 4:39pm Jul 16, 2009 4:39pm
- | Joined May 2009 | Status: Fight until we die | 1,114 Posts
Not much has changed from yesterday morning
By Sean Lee, July 16, 2009 at 21:18 GMT
China is still playing the EUR/USD market, selling rallies above 1.4150. I thought they would have enough USD in their coffers with their massive trade surpluses arriving primarily in USD.
Thanks to Essenza for the interesting link. I didn't trade the news, but it did react so well.
... is everybody here short or what T F is wrong with me? China buying USD? Yeah, Patience you maybe right. Bloomberg is getting to me. Oh well...calling off the break-out. Scaled down the long and set SL to BE (1.4100). I need some sleep before I turn into a zombie or something (probably a BS zombie by the way). Night all, trade safe, China selling at 4150, oil $20 this year....short, short, short...
- #122,375
- Jul 16, 2009 4:43pm Jul 16, 2009 4:43pm
- Joined Apr 2009 | Status: Live and learn. | 25,220 Posts | Online Now
Hello!
On the daily chart we see
And you are Romanian? Do you know The Fisherman? Is it true that he is actually Vlad the Impaler?
"If The Fool persists in his Folly he will become wise." - William Blake
- #122,376
- Jul 16, 2009 4:44pm Jul 16, 2009 4:44pm
- Joined May 2009 | Status: User of Geppy patience pills | 7,645 Posts
I'm not doubting your knowledge in any way. I like to analyse what others do. Besides my shorts are still in red (even more red than yesterday) so you don't have to learn from me.
It's a fantastic way of gathering information, biases and feelings the things that make the market.
It's still going up and down with my account.
Strange thing is there are those days which are predictable for most and not for me and the other way around.
It doesn't look very good for me right now, so maybe a free day tomorow
Good luck with your shorts though.....
Don't be a hero. Don't have an ego. Always question yourself
You have the best lookin chart around here. Very pretty. I especially like the pointilliste background...very nice.
And you are Romanian? Do you know The Fisherman? Is it true that he is actually Vlad the Impaler?
Thank you
. I don't know TheFisherman. Regarding my chart: i noticed how prices tend to rebound when previous consolidation area (or previous Hi/Lows) are met no matter what timeframe you're working on. I use BB as we're in a consolidation phase and today on news I saw a reportage about how the National Bank of Romania states that the Ron won't pass the 4,3 level this year and in the video there was a lady looking at a chart (intraday) with BB, PSAR and a MA..so I guess it's being watched by big players :-?? I just can't understand the idea of a compicated system with home made indicators when all world use some basic indicators. For the moment I can't afford high risk so I mainly scalp on 5 minutes TF. When price goes where previously met resistance/support and I see a candlestick pattern I know it will reverse. It doesn't matter it won't happen with the next candle. Usually, it won't get higher or lower.
- #122,378
- Jul 16, 2009 5:00pm Jul 16, 2009 5:00pm
You have the best lookin chart around here. Very pretty. I especially like the pointilliste background...very nice.
And you are Romanian? Do you know The Fisherman? Is it true that he is actually Vlad the Impaler?
Close your eyes when you feel you are going under.
- #122,379
- Jul 16, 2009 5:03pm Jul 16, 2009 5:03pm
You know what? I like The Fisherman! He made me a good laugh!
Oh man, there we go again...
Close your eyes when you feel you are going under.
- #122,380
- Jul 16, 2009 5:04pm Jul 16, 2009 5:04pm
- Joined May 2009 | Status: User of Geppy patience pills | 7,645 Posts
Don't be a hero. Don't have an ego. Always question yourself