told ya buyers
), but on 5 min chart, I see 'small' buying only.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #193,321
- Sep 1, 2009 12:31pm Sep 1, 2009 12:31pm
- | Joined Nov 2006 | Status: Trader | 5,040 Posts
), but on 5 min chart, I see 'small' buying only.
- #193,322
- Sep 1, 2009 12:31pm Sep 1, 2009 12:31pm
- Joined Jun 2006 | Status: Trend is not my friend | 1,492 Posts
- #193,324
- Sep 1, 2009 12:34pm Sep 1, 2009 12:34pm
- Joined Jan 2009 | Status: bye FF | 8,806 Posts
Now, I would like to see, who is using EW to predict the move again .. lol
i use idiot wave
MY OPINION NOT FINANCIAL ADVISE
- #193,327
- Sep 1, 2009 12:38pm Sep 1, 2009 12:38pm
- Joined Jan 2009 | Status: bye FF | 8,806 Posts
Just a little digression. Does anyone heard of avafx brokers and how good are they? Any advice on brokers? Thanks in advance for not bashing me on this!
sorry, i long for a 149.50. Just my wish.
MY OPINION NOT FINANCIAL ADVISE
- #193,329
- Sep 1, 2009 12:50pm Sep 1, 2009 12:50pm
- Joined Oct 2007 | Status: Saudi Arabia/Dubai | 3,584 Posts
Mktjong here is my long term analysis for GJ just updated now and i want you to save it in your desktop.and i will do cable later in home
so as long my analysis still holding you shouldn't make fun at Elliott Waves
so as long my analysis still holding you shouldn't make fun at Elliott Waves
- #193,332
- Sep 1, 2009 12:56pm Sep 1, 2009 12:56pm
- Joined Jan 2007 | Status: Trader | 3,719 Posts
smart move 
.
as for TP, here is how i do it:
1 - i set a partial TP, usually half (but it also depends where i opened the trade) where i think it is going. in this case, 148/147 (to be more exact, 147.88 is a FE100, so 148 area is the perfect candidate).
2 - for the other half, i move SL in the direction of the trade until it is hit. i do this because sometimes the trade just keeps going and i would miss a nice profit.
.as for TP, here is how i do it:
1 - i set a partial TP, usually half (but it also depends where i opened the trade) where i think it is going. in this case, 148/147 (to be more exact, 147.88 is a FE100, so 148 area is the perfect candidate).
2 - for the other half, i move SL in the direction of the trade until it is hit. i do this because sometimes the trade just keeps going and i would miss a nice profit.
In a strange day like today, I went selling all rallies since yesterday, and since it was very bearish, I placed my SL above 153.50 so as not to fall in any upward move that was only a kind of a trap and a SL hunting, I had big drawn downs today but fortunately it was only unrealized, the key of the day is how to prevent prices from hitting my SL, now all the unrealized loss was changed to big profit, I still didn't place the target yet
Nihil Sine Deo.
