thest of the broken trendline ? will it be a good point to enter longs ?
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #199,462
- Sep 23, 2009 6:31am Sep 23, 2009 6:31am
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
Msniper, are you in dilemma now?
last time you said will test 146-147 before swing trade to 162 or higher.
What you think for the pa now?
"Millionaires don't use astrology, billionaires do"
- #199,463
- Sep 23, 2009 6:34am Sep 23, 2009 6:34am
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
"Millionaires don't use astrology, billionaires do"
- #199,464
- Sep 23, 2009 6:41am Sep 23, 2009 6:41am
- | Joined Oct 2008 | Status: Crocodile Trader | 1,127 Posts
Yes its too bad really, wished he had held on, for the trade he predicted, with any luck he bought the support on the bottom
Read the entire market, money is made on the main trend not the fluctuation
- #199,465
- Sep 23, 2009 6:44am Sep 23, 2009 6:44am
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
From the beginning I've nv think he is wrong, it may because the figure he predict is too far away from now as he is swing trader. Trader like rrgit is always lag behind the pa as he just following the charts. so I think its quite useless to 'exchange opinion' for whoever is correct, for that both of them might be correct.
"Millionaires don't use astrology, billionaires do"
- #199,466
- Sep 23, 2009 6:45am Sep 23, 2009 6:45am
- | Commercial User | Joined Mar 2009 | 2,480 Posts
yes i was condemned calling 160's at 133 area as well, swing traders know what its like to be labeled a KOOOK
- #199,467
- Sep 23, 2009 6:47am Sep 23, 2009 6:47am
- | Joined Jun 2008 | Status: Professional Frontrunning Troll | 2,312 Posts
yes i was condemned calling 160's at 133 area as well, swing traders know what its like to be labeled a KOOOK
some back then were saying up to 240 again
- #199,469
- Sep 23, 2009 6:54am Sep 23, 2009 6:54am
the most dangerous thing i ever saw ...a very long candle like that u want to short...wow..Good luck
A 70 pip trade if he sets a limit order target at latter zone for clean exit and doesn't hope for more (and tight stop above TL could give 3:1 RR trade).
- #199,470
- Sep 23, 2009 6:58am Sep 23, 2009 6:58am
- Joined Oct 2007 | Status: Take The A-Trade | 2,303 Posts
http://www.forexfactory.com/showpost...stcount=199255
Yesterday me, 5ysfx, Q, Scrat and others were talking about 150 area on Geppy, the fact is Geppy doesn't look good for shorts now...
Like Raza said, we could see a retest of 153 area again (50 Ema on daily TF)
IMHO
Jhon
Yesterday me, 5ysfx, Q, Scrat and others were talking about 150 area on Geppy, the fact is Geppy doesn't look good for shorts now...
Like Raza said, we could see a retest of 153 area again (50 Ema on daily TF)
IMHO
Jhon
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
- #199,474
- Sep 23, 2009 7:27am Sep 23, 2009 7:27am
- Joined Apr 2007 | Status: Senior Principal Trader | 2,699 Posts
- #199,475
- Sep 23, 2009 7:40am Sep 23, 2009 7:40am
Current move because of NEWS. Today we got negative news for GBP. When market absorb the news, all will be back to normal
went on a run, and return to see this spike
...
- #199,478
- Edited 8:33am Sep 23, 2009 8:06am | Edited 8:33am
- Joined Aug 2008 | Status: Money never sleeps | 5,878 Posts
volume is a dangerous game, its not an indicator and take some time to understand, i suggest alot of you stop using it until the perceptions become secobd nature, 2 identical things can mean 2 entirely different things
Candles Above Gann and 50ema. ALL tfs till 4 Hr...
I DARE NOT SHORT THIS TILL 153.25..
I got my stop in Place at B.E....if they do something Funky... they better not play any trick...this time.
Markets are not Random, they are designed!
- #199,480
- Sep 23, 2009 8:27am Sep 23, 2009 8:27am
- Joined Jul 2008 | Status: Invincible | 3,619 Posts
Candles Above Gann and 50ema. ALL tfs till 4 Hr...
I DARE NOT SHORT THIS TILL 153.25..
momentum up + stochrsi above 90% =