- #152,482
- Oct 14, 2009 8:36pm Oct 14, 2009 8:36pm
- Joined Apr 2009 | Status: Live and learn. | 25,178 Posts
"If The Fool persists in his Folly he will become wise." - William Blake
- #152,483
- Oct 14, 2009 8:37pm Oct 14, 2009 8:37pm
- Joined Sep 2008 | Status: Married - 5 Wives | 14,713 Posts
I'm short from .........
Is anybody in this trade?.......How can I improve this type of fibo support/resistance analysis ... maybe with some indicators? I noticed the intraday and daily double tops and headandshoulders, btw, but didnt mention them. Both are trend reversal signals, so it is a high probality we will see more downside, but it's still kind of iffy as to when for me.
Thanks
snprr
The Thief of Wall Street
- #152,484
- Oct 14, 2009 8:40pm Oct 14, 2009 8:40pm
- | Membership Revoked | Joined May 2008 | 1,027 Posts
- #152,486
- Oct 14, 2009 8:44pm Oct 14, 2009 8:44pm
- | Joined Oct 2008 | Status: Behaviour changes often | 1,170 Posts
My friend, you need no analysis, only if you had let your one single winner run like this thread ...........
Actually chicky, if he did let his trade run(he was short from 1.27 something) ... he would've a big loss.. wait! Maybe that's because we never heard from him again! If only he knew!!
Traders are smartasses
- #152,487
- Oct 14, 2009 8:47pm Oct 14, 2009 8:47pm
- Joined Oct 2008 | Status: sideline is a position | 105,144 Posts
Actually chicky, if he did let his trade run(he was short from 1.27 something) ... he would've a big loss.. wait! Maybe that's because we never heard from him again! If only he knew!!
those who can, do. those who cant, talk about those who can
- #152,489
- Oct 14, 2009 8:53pm Oct 14, 2009 8:53pm
- | Joined Oct 2008 | Status: Behaviour changes often | 1,170 Posts
maybe he dropped out and changed his skin..and was born again
Yup, this is a zero sum game, and there are more guys getting zeros.
Traders are smartasses
- #152,490
- Oct 14, 2009 9:00pm Oct 14, 2009 9:00pm
- Joined Jul 2009 | Status: The Alchemist | 8,917 Posts
- #152,491
- Oct 14, 2009 9:01pm Oct 14, 2009 9:01pm
- Joined Oct 2008 | Status: sideline is a position | 105,144 Posts
those who can, do. those who cant, talk about those who can
- #152,494
- Oct 14, 2009 9:06pm Oct 14, 2009 9:06pm
- Joined Jan 2008 | Status: HEY! WHA' HAPPENED? | 15,496 Posts
Nah... You're a Trader.
BTW. Expect some waffelling around
1.4935. {I know it's above it}
Still like your Long position tho.
I expect a massive retrace. The kind that will get the bears horny.
But I can wait.
Not all sins are created equal
- #152,496
- Oct 14, 2009 9:08pm Oct 14, 2009 9:08pm
- Joined Jan 2008 | Status: HEY! WHA' HAPPENED? | 15,496 Posts
Not all sins are created equal
- #152,499
- Oct 14, 2009 9:10pm Oct 14, 2009 9:10pm
- Joined Jul 2009 | Status: The Alchemist | 8,917 Posts
- #152,500
- Oct 14, 2009 9:11pm Oct 14, 2009 9:11pm
- Joined Jan 2008 | Status: HEY! WHA' HAPPENED? | 15,496 Posts
Short from 1.4950 , SL=10 pips, TP= TBD
Not all sins are created equal