Just took some off of the above mentioned trade at 6219 for some very nice pips.
Trade what you see NOT what you expect
- #27,685
- Dec 10, 2009 5:16am Dec 10, 2009 5:16am
Remaining short hit SL and hourly has now closed above the 62ema....
I wish EO was here to confirm whether this is significant enough to spark some buying???
the short off the 62 was all positive so
If 1.6325 breaks to the upside I am seeing 1.6380 and even 1.65 to re-enter shorts......
time for breakfast I feel.............
I wish EO was here to confirm whether this is significant enough to spark some buying???
the short off the 62 was all positive so
If 1.6325 breaks to the upside I am seeing 1.6380 and even 1.65 to re-enter shorts......
time for breakfast I feel.............
Price really looks like it wants to break higher to test bigger resistance areas...
lets see what transpires now my short is protected......
Hi guys,
was there a sign to go long GU short before the London opening? Apart from the 76% retrace?
The DBLHC on 15min closed below 1.6235.
Cheers
Thomas
I didn't take the trade you're referring to and can't speak for others but that 7.30/7.45am GMT 15m bearish candle closed flat virtually to the pip at my Daily 200sma. After yesterday's daily candle I had it in mind (see how I didn't use the word "expect" there
) that price would come back and test the Daily 200 sma.If you didn't enter after the close of the 7.30/7.45 flat bottom candle, you could have entered on the 8.00/8.15am candle. The prior two 15m candles gave an IB plus, if you combine them, together they produced a lower wick. The 8.00/8.15 candle gave a pull back into that combined wick for your long entry.
The 1h and 4h timeframes had been producing higher lows since yesterday's so that gave a little bit of confirmation too
Right or wrong, just my take on things.
Macc
- #27,690
- Dec 10, 2009 7:07am Dec 10, 2009 7:07am
Good morning/afternoon to everybody.
1H closed as red doji, and is forming a hangman atm, with possible close below 62ma.
Shorts on the table?
Did not happen.
Also, on 15M 200ma, 50ma, 35ma and 21ma are flat for am hour.
News in 25 min.
Let's wait.
- #27,691
- Dec 10, 2009 7:09am Dec 10, 2009 7:09am
- | Joined Mar 2009 | Status: Trader | 2,768 Posts
Hi Thomas,
I didn't take the trade you're referring to and can't speak for others but that 7.30/7.45am GMT 15m bearish candle closed flat virtually to the pip at my Daily 200sma. After yesterday's daily candle I had it in mind (see how I didn't use the word "expect" there
If you didn't enter after the close of the 7.30/7.45 flat bottom candle, you could have entered on the 8.00/8.15am candle. The prior two 15m candles gave an IB plus, if you combine them, together they produced a...
Great response!
Macc is that you or did somebody else log in under your name again?
Great response!
You know me Pip. Always holding my Johnson when there are trades to be had
Macc
- #27,695
- Dec 10, 2009 7:28am Dec 10, 2009 7:28am
- | Joined Mar 2009 | Status: Trader | 2,768 Posts
Now there's a clue right at the beginning of my post that would have told you it was me posting. The bit where it says......."I didn't take the trade you're referring to...."
You know me Pip. Always holding my Johnson when there are trades to be had
Macc
I figured it was you and that you were waiting for some kind of galactic planetary alignment or something. - #27,696
- Dec 10, 2009 7:30am Dec 10, 2009 7:30am
- Joined Nov 2008 | Status: Trade Inspiration Not Despiration . | 4,827 Posts
Good Trading To All ; Ken Lee
- #27,699
- Dec 10, 2009 7:41am Dec 10, 2009 7:41am
- | Joined Mar 2009 | Status: Trader | 2,768 Posts
Just wondering if someone has the time to post that daily chart. would be apreciated. I have looked on 3 platforms and the 200 sma daily isn't close to that candle on mine .. Checked on all my charts justwondering what's wrong here..
Thanks Ken
OK Macc come clean, do you have some other magical daily Ma your not telling us about?
You beat me to it!