good luck... i am going to bed.. see ya tmrv
Doing what you like is Freedom. Liking what you do is Happiness.
- #169,521
- Dec 7, 2009 5:00pm Dec 7, 2009 5:00pm
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
- #169,523
- Dec 7, 2009 5:10pm Dec 7, 2009 5:10pm
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
i changed my TP one more timenow my TP is 4884.. reason? possible double top.. a risk of winning those 13 pips is too high :-) and now seriously good night
CYA
Doing what you like is Freedom. Liking what you do is Happiness.
- #169,527
- Dec 7, 2009 5:28pm Dec 7, 2009 5:28pm
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
Sold @ 1.4832, quick profit with a bigger lot.
Re-entered with a smaller lot: LONG @ 1.4834 / TP @ 1.4935 / SL @ 1.4678
Goodnight everybody!
Doing what you like is Freedom. Liking what you do is Happiness.
- #169,528
- Dec 7, 2009 5:30pm Dec 7, 2009 5:30pm
Fair one. Let bygones be bygones. FYI, if I was talking about you, you'd be on my ignore list and as such, wouldn't see what you post.
And if you decide to report my posts, I won't take it personally.
Cheers,
J.W.
- #169,529
- Dec 7, 2009 5:33pm Dec 7, 2009 5:33pm
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
Doing what you like is Freedom. Liking what you do is Happiness.
- #169,530
- Dec 7, 2009 5:38pm Dec 7, 2009 5:38pm
- Joined May 2009 | Status: Re-member | 6,497 Posts
Looks like gold is going to have a shot at closing the 'gap' too.....
- #169,534
- Dec 7, 2009 6:01pm Dec 7, 2009 6:01pm
- Joined Feb 2006 | Status: Spartan Attitude | 1,500 Posts
In Charts We Trust!
- #169,535
- Dec 7, 2009 6:06pm Dec 7, 2009 6:06pm
- Joined Aug 2008 | Status: Self-proclaimed psychologist | 3,179 Posts
There was mention of a h&s on the 5min..I personally do not see it. Because of the choppiness of recent weeks, it is hard to see anything clearly on the Eur/Usd. At these times, the line chart is the best (this is daily) as it clearly shows where PA "bounced" off strong S/R levels. The white lines represent the current Support and resistance of the range while the darker colors represent potential targets once range is broken. Still, no clear entries are set up unless 1.5xxx gets reached again or 1.4710ish.
So yeah..since I'm in doubt..this is where Eur/Jpy comes back into play for me. The picture is much clearer. First off, Bernanke's speech could not take pa lower. Instead what we have seen since his speech is iceberg orders within the same downtrend since this week's market open. We are still consolidating around a heavy s/r level so momentum to the downside should have stopped temporarily. The path of least resistance should be back towards the upper wall of this downtrend and while we are there, might as well break up and retest the uptrend broken yesterday and make a double top in the process.
Btw...my analysis says Eur/Jpy up which in turn implies Eur/Usd should continue down to 1.47xx or so. The only unknown variable is the Usd/Jpy which at this point in time could still go either way. Regardless I am commited to a trade on Eur/Jpy which rightly has a 100pip SL and 100-200TP.
Good pippin all...
So yeah..since I'm in doubt..this is where Eur/Jpy comes back into play for me. The picture is much clearer. First off, Bernanke's speech could not take pa lower. Instead what we have seen since his speech is iceberg orders within the same downtrend since this week's market open. We are still consolidating around a heavy s/r level so momentum to the downside should have stopped temporarily. The path of least resistance should be back towards the upper wall of this downtrend and while we are there, might as well break up and retest the uptrend broken yesterday and make a double top in the process.
Btw...my analysis says Eur/Jpy up which in turn implies Eur/Usd should continue down to 1.47xx or so. The only unknown variable is the Usd/Jpy which at this point in time could still go either way. Regardless I am commited to a trade on Eur/Jpy which rightly has a 100pip SL and 100-200TP.
Good pippin all...
Different opinions highly valued, ignorant to slander.
- #169,536
- Dec 7, 2009 6:11pm Dec 7, 2009 6:11pm
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
There was mention of a h&s on the 5min..I personally do not see it. <snip>
Good pippin all...
The possible h&s has become a bit cloudy now and it is no longer valid....if it ever was. Personally I don't pay those formations too much mind, moreso on such a small timeframe. Never-the-less, it was something that was worth watching in an otherwise uneventful morning.
Doing what you like is Freedom. Liking what you do is Happiness.
- #169,539
- Dec 7, 2009 6:24pm Dec 7, 2009 6:24pm
- Joined Aug 2008 | Status: Self-proclaimed psychologist | 3,179 Posts
Different opinions highly valued, ignorant to slander.
thank you 
now I think trend is obvious til 8 am maybe I can go to sleep...
20 hours without sleeping :/
5 minutes ago I had my heart in my throat.... margin call...1,4800 death point I started to worry when it went down :/
ps: asia usually have bought euro... that's why it's wierd for me that it was going down
now I think trend is obvious til 8 am
maybe I can go to sleep... 20 hours without sleeping :/
5 minutes ago I had my heart in my throat.... margin call...1,4800 death point
I started to worry when it went down :/ps: asia usually have bought euro... that's why it's wierd for me that it was going down