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Medici trades the London open

  • #201
  • Dec 23, 2009 1:53am Dec 23, 2009 1:53am
Quoting Islander
I had that as my TP - but closed manually when it stalled....its not a 10 - 15 pip FH.....more like a 5 - 10 pip one, after the spread.....but still that helps pay a few bills...http://cdn.forexfactory.com/images/icons/icon12.gif
So we may be excused for not meeting our daily target before 8am?
  • #202
  • Dec 23, 2009 1:54am Dec 23, 2009 1:54am
Quoting medici
I wouldn't buy so close to a potential resistance level - much better to see if the resistance turns into support.
I was buying above 38.2, 4h pivot and 4258 which acted as R...

Short euro 4257, looks like R 4258.
  • #203
  • Dec 23, 2009 1:56am Dec 23, 2009 1:56am
Quoting Islander
Yesterday turned out to be a good day to trade cable.....a 180 pip drop from that high in Frankies Hour and then a 38% retrace, so I was able to pick up more pips in the early NY session get to my higher daily quota.....
Yes, I noticed that NY was good when I returned back home. Lots of dollar buying at the fix, and spec folks front-running. Congratulations on your pips harvest. Wouldn't be surprised if today's afternoon will be good again. Unfortunately, Christmas events are preventing me...
  • #204
  • Dec 23, 2009 2:03am Dec 23, 2009 2:03am
Quoting okrutny
4 long closed with total loss 15 pips ;( Why did I expect 4258 support, 4H pivot and 38.2 fibo euro to hold? And why you didn't?
Close to potential resistance and looking for confirmation on which way the traffic would go.
  • #205
  • Dec 23, 2009 2:08am Dec 23, 2009 2:08am
Ten pips banked from shorting euro. now looks like buying support and 23.6 fibo.
  • #206
  • Dec 23, 2009 2:09am Dec 23, 2009 2:09am
Quoting medici
So we may be excused for not meeting our daily target before 8am?

LOL - as I was under my "minimum" quota, I had to come back for a couple of hours.....no problem as I have a 3/4 hour break to do other things and coming back to my screen keeps me from getting "led astray".......http://cdn.forexfactory.com/images/icons/icon11.gif
Trading Levels with WRBs
  • #207
  • Dec 23, 2009 2:10am Dec 23, 2009 2:10am
Long cable - again - off the MS1 level
Trading Levels with WRBs
  • #208
  • Dec 23, 2009 2:12am Dec 23, 2009 2:12am
Quoting okrutny
Ten pips banked from shorting euro. now looks like buying support and 23.6 fibo.

Nice one
Trading Levels with WRBs
  • #209
  • Dec 23, 2009 2:12am Dec 23, 2009 2:12am
Quoting okrutny
Ten pips banked from shorting euro. now looks like buying support and 23.6 fibo.
Well, the buying is over, I think, and now it's either a break downwards or, more likely, sleepy consolidation until the Americans get started.
  • #210
  • Dec 23, 2009 2:13am Dec 23, 2009 2:13am
Quoting Islander
Long cable - again - off the MS1 level
Under 4h pivot and 5 and 30 ema 1m indi bearish trend..

Quoting Islander
Nice one
Thanks
  • #211
  • Dec 23, 2009 2:23am Dec 23, 2009 2:23am
Possible short euro again..
  • #212
  • Dec 23, 2009 2:28am Dec 23, 2009 2:28am
Short euro 4256 SL:4263
  • #213
  • Dec 23, 2009 2:31am Dec 23, 2009 2:31am
Short second euro 4258, sl: 4264, tweezer top, 38.2 fibo.
  • #214
  • Dec 23, 2009 2:41am Dec 23, 2009 2:41am
Both closed, 2x +10 pips
  • #215
  • Dec 23, 2009 2:43am Dec 23, 2009 2:43am
Quoting okrutny
Both closed, 2x +10 pips
Well done! Keep it up.
  • #216
  • Dec 23, 2009 2:44am Dec 23, 2009 2:44am
Bought euro 4246 SL: 4241, 23.6 & S
  • #217
  • Dec 23, 2009 2:47am Dec 23, 2009 2:47am
long again 4247, sl: 4242, Is 1m chart PA confirming euro bounce off support?
  • #218
  • Dec 23, 2009 2:49am Dec 23, 2009 2:49am
Both closed, -3 pips total, don't like PA, what about you? 1m chart euro.
  • #219
  • Dec 23, 2009 2:51am Dec 23, 2009 2:51am
That's it for me this side of Christmas, folks. In spite of a sleepy session, good pips were had by all, and party budgets extended

Thanks to all for sharing, and have a wonderful Christmas holiday. I shall be back Tuesday next week.
  • #220
  • Dec 23, 2009 2:54am Dec 23, 2009 2:54am
Thanks, and you to medici, and to your family. See U.
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