I am not trading longs ... not today
selling all rallies
, up till now i still have no idea where it will go next and where i should reload my shorts, i'm noobie have no experience with this type of shooting.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #199,981
- Sep 24, 2009 9:43pm Sep 24, 2009 9:43pm
, up till now i still have no idea where it will go next and where i should reload my shorts, i'm noobie have no experience with this type of shooting.
- #199,983
- Sep 24, 2009 9:57pm Sep 24, 2009 9:57pm
- Joined Oct 2005 | Status: Trader | 3,596 Posts
Follow the trend and trade your charts.
poor msniper... i hope he didn't inject more long position at 146 like he have said, if he did, the next expect bounce to 147+(IMO) will be able to save his longs. I won't dare to go long now too....will let it bounce have more shorts reload...and ur target is 141 right master rgitt ?
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- #199,989
- Sep 24, 2009 11:16pm Sep 24, 2009 11:16pm
- | Joined Jun 2008 | Status: Professional Frontrunning Troll | 2,312 Posts
RECIPE FOR DISASTER : THE FORMULA THAT KILLED WALL STREET
Pr [TA < 1, TB, TB<1] = Ф-1 (FA(1)), Ф-1 (FB(1)), Y)
what's TA, TB, FA(), FB(), Y?
- #199,992
- Sep 24, 2009 11:34pm Sep 24, 2009 11:34pm
The Behavior of Asymmetric Cauchy Processes for Large Time
- #199,995
- Sep 24, 2009 11:52pm Sep 24, 2009 11:52pm
- | Joined Jun 2008 | Status: Professional Frontrunning Troll | 2,312 Posts
The Behavior of Asymmetric Cauchy Processes for Large Time
- #199,996
- Sep 24, 2009 11:57pm Sep 24, 2009 11:57pm
Well it looks like the retrace has begun.. If you're correct about the 147.60 area, I will be loading up on my shorts there..Not brave enough to go long at all. In the mean time, I will take a few more of Karmo's Patience pills.
IF you are Buying have the stop loss Ready...Momentum is Crazy...LOOKING AT THE daily this Candle can go straight to 161.8% that is 138.80...
G/J can.... but thats a little too crazy..
LOOKING AT Daily it is kinda making a 3 Bearish Crow Pattern.
If it retraces 148.00 is Hard,.. cause it will F** up the Pattern...so I would say 147.63 is the top to sell again..
ATM just watching.... need a better Price to Buy for Scalp..
- #199,997
- Sep 25, 2009 12:06am Sep 25, 2009 12:06am
Well it looks like the retrace has begun.. If you're correct about the 147.60 area, I will be loading up on my shorts there..Not brave enough to go long at all. In the mean time, I will take a few more of Karmo's Patience pills.
Same here..I'm doing my yoga for at least few hours..
lol
- #199,998
- Edited 12:43am Sep 25, 2009 12:18am | Edited 12:43am
- Joined Aug 2008 | Status: Money never sleeps | 5,878 Posts
Well it looks like the retrace has begun.. If you're correct about the 147.60 area, I will be loading up on my shorts there..Not brave enough to go long at all. In the mean time, I will take a few more of Karmo's Patience pills.
I was just looking at it too...
145.88- 146.20 is resistence ..imo..IF 4 hr CANDLE CLOSES above or at 146.70..(Bullish engulfing 4 hr)Then we have a reversal from the Doji (4 HR).
Also on 4hr ..inverted H&S... NECKLINE AT 150.0..IF this happens .we see 155.75.
On the Flip side if this breaks 144.50.. Next level to watch is 143.05...142.92. as low as 139.54 before reversal.. IMO..
I dont think this is going Up that easily..
Always lock your profit..and have STOP loss in place.
Daily is a Gartley Butterfly..and a DOUBLE TOP. 140-139 is a Viable Target..
IF need to short short from FIB levels of this move from 151 area..IMO.. 50% of 151.20- 144.33 is at 147.70 (4 hr Gann)
Markets are not Random, they are designed!
- #199,999
- Sep 25, 2009 12:21am Sep 25, 2009 12:21am
- | Joined Jun 2008 | Status: Professional Frontrunning Troll | 2,312 Posts
Same here..I'm doing my yoga for at least few hours..
lol
sinned's back on his Wii
and i'm still at work..... oh well, at least the boss sent around the office, free magnums. productivity here just went to 0 in the last 10 mins
- #200,000
- Sep 25, 2009 12:26am Sep 25, 2009 12:26am
Thanks for the info... I see the Dow Futures & S&P Futures are up as well. Not sure what sort of impact, that will have on the beast, but I've made note of it anyway. 
I was just looking at it too...
145.88 is resistence ..imo..IF 4 hr CANDLE CLOSES above or at 146.70..Then we have a reversal from the Doji (4 HR).
Also on 4hr ..inverted H&S... NECKLINE AT 150.0..IF this happens .we see 155.75.
On the Flip side if this breaks 144.50.. Next level to watch is 143.05...142.92. as low as 139.54 before reversal.. IMO..
I dont think this is going Up that easily..
Always lock your profit..and have STOP loss in place.