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  • #135,981
  • Aug 27, 2009 6:46pm Aug 27, 2009 6:46pm
I know I'm new here and still just a Junior member but I wouldn't short with confidence until a double top is atleast attempted.
  • #135,982
  • Aug 27, 2009 6:48pm Aug 27, 2009 6:48pm
Quoting The Fool
OK I had a 15 pip breakout trap set & it just got filled. I might have been lucky to get all of that. I am skittish about top-buying here but will be thinking sell if it gets a little higher, say above 4400... Will be watching.
Rats, my wife getting grumpy. I closed mine too for a 26p bonus. Have to go to sleep. We'll see tomorrow how this story unwinds. Night all.
  • #135,983
  • Aug 27, 2009 6:48pm Aug 27, 2009 6:48pm
That 's what i need

They know that

And push it Up again for me

Tks
  • #135,984
  • Aug 27, 2009 6:49pm Aug 27, 2009 6:49pm
Quoting The Fool
OK I had a 15 pip breakout trap set & it just got filled. I might have been lucky to get all of that. I am skittish about top-buying here but will be thinking sell if it gets a little higher, say above 4400... Will be watching.
I'm out too, Mike's got me covering my ass, and I'm up 18.5% for the week already. I agree that over 4400 is good selling opportunity, but get ready to add up to 4470. You can't count it out at all. Start small is the plan. Aim small miss small. Think small win big, live large. Something or other..
  • #135,985
  • Aug 27, 2009 6:50pm Aug 27, 2009 6:50pm
Quoting The Fool
OK I had a 15 pip breakout trap set & it just got filled. I might have been lucky to get all of that. I am skittish about top-buying here but will be thinking sell if it gets a little higher, say above 4400... Will be watching.
Have a 44 ready if you wish but prepare a 445 and 45 for tomorrow. don't think the top gonna be in asian session. Good luck to all of ya'.
  • #135,986
  • Aug 27, 2009 6:54pm Aug 27, 2009 6:54pm
Quoting stevefx
I'm out too, Mike's got me covering my ass, and I'm up 18.5% for the week already. I agree that over 4400 is good selling opportunity, but get ready to add up to 4470. You can't count it out at all. Start small is the plan. Aim small miss small. Think small win big, live large. Something or other..
I am keepin powder dry for now. Good luck bro.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #135,987
  • Aug 27, 2009 7:16pm Aug 27, 2009 7:16pm
Quoting learntowin
Thank you again for your kind hearted thought

But still have one wonder

Will it be possible when BIG DOGS pushed it Up 200 pips

then right away drive it Down 200 pips or more

What s for ? and How can ?


That s why i still keep my Long

TKS

Looks good

There s no reason for them to dump it Down
  • #135,988
  • Aug 27, 2009 7:19pm Aug 27, 2009 7:19pm
Quoting acumen
There are very few times in my career where I'm a blind shorter.

Right now is one of them.

The more up it goes... the more shorts I add.

m
Hope you don't blow your account! MM is important
  • #135,989
  • Aug 27, 2009 7:21pm Aug 27, 2009 7:21pm
Quoting learntowin
Looks good

There s no reason for them to dump it Down
Lock some Profit??

What is the position you in?? 1.4380 is quite hard to break
  • #135,990
  • Aug 27, 2009 7:23pm Aug 27, 2009 7:23pm
No, dont think They dare to let me Down again

Or I will have no other way than to K*ll Them

They know that

I will lose me Control
  • #135,991
  • Aug 27, 2009 7:27pm Aug 27, 2009 7:27pm
Quoting acumen
The more up it goes... the more shorts I add.

m
still holding long and you advise it too
ROBOT FOREX
  • #135,992
  • Aug 27, 2009 7:32pm Aug 27, 2009 7:32pm
Thank Forbes,

I still keep it

You are right

It must go Up again

TKs
  • #135,993
  • Aug 27, 2009 7:35pm Aug 27, 2009 7:35pm
Quoting tachlio
Hope you don't blow your account! MM is important
You must not know me.

m
  • #135,994
  • Aug 27, 2009 7:41pm Aug 27, 2009 7:41pm
Quoting stevefx
I'm out too, Mike's got me covering my ass, and I'm up 18.5% for the week already. I agree that over 4400 is good selling opportunity, but get ready to add up to 4470. You can't count it out at all. Start small is the plan. Aim small miss small. Think small win big, live large. Something or other..
WOW.

If I were every up 18% in a week I'd quit... then redo my risk management strategy.

m
  • #135,995
  • Aug 27, 2009 8:00pm Aug 27, 2009 8:00pm
Quoting acumen
WOW.

If I were every up 18% in a week I'd quit... then redo my risk management strategy.

m
I'll take that under advisement buddy. Always a pleasure.
  • #135,996
  • Aug 27, 2009 8:06pm Aug 27, 2009 8:06pm
[00:12 EUR/USD: Pushing Higher As EUR/JPY Buying Supports] Sydney, August 28: The EUR/USD is moving higher in early Asia on short-covering in the EUR/JPY that has taken the cross from 134.10 to as high as 134.80. Hourly resistance is found at 1.4375/80 with yesterday's high at 1.4407 key resistance on the day. There is a lot of talk in the market that there will be an attempt to knock out the upper end of a 1.3950/1.4450 DNT option at some stage. The word on the street is the DNT has around three weeks to go before maturing and a large Asian central bank will sell ahead of 1.4450 to try and prevent it from getting knocked out. The EUR/USD trades 1.4373/78. [email protected]
  • #135,997
  • Aug 27, 2009 8:15pm Aug 27, 2009 8:15pm
while low-risk, shorting up here seems like too obvious a trade.... everyone is waiting for a correction to short, pullback to buy, september market roll-over, etc. If this thing breaks through 1.45 it can turn into a nasty short squeeze
  • #135,998
  • Aug 27, 2009 8:18pm Aug 27, 2009 8:18pm
be on the lookout for bull flag formation that changes to a bearflag with/without pole.. spike up then down.. but its friday the last one of the month..and next month is sept..so anything will happen.. if oil is not around 75pb its more then likely a headfake above 4410/4445 above 4475 hide the children. fill your fuel tank..*L*
those who can, do. those who cant, talk about those who can
  • #135,999
  • Aug 27, 2009 8:33pm Aug 27, 2009 8:33pm
Quoting gatorinla
be on the lookout for bull flag formation that changes to a bearflag with/without pole.. spike up then down..
The ol' reverse flag fake, it's a killer. It's rare, but it happens. But it's rare....
"If The Fool persists in his Folly he will become wise." - William Blake
  • #136,000
  • Aug 27, 2009 8:41pm Aug 27, 2009 8:41pm
BTW i just discovered bullish move occured 5 hours back was purely technical and was already been forcasted by number of websites few days back.
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