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  • #175,361
  • Dec 23, 2009 10:41pm Dec 23, 2009 10:41pm
Quoting nawafasad1
well chicky i m long and iwill be adding at 1.4370 to go t1 50 pips and t2 1.4490 but i ll be looking for shorts after the pullback at 1.45 area to go back to 1.41 or may be 1.4
I am long too - very long from 1.5100. But these positions will sooner or later hit my sl at 1.4100. Thinking about switching to short near 1.439x/1.444x
The Thief of Wall Street
  • #175,362
  • Dec 23, 2009 10:42pm Dec 23, 2009 10:42pm
Quoting gatorinla
we have already breached a pivotol place long term.. 4138.... in the past we play around this spot a while. usaully before punching through.. we passed through it easily.. no more night deals with reserve banks swapping money to deflate usd.
also with min risk gu at 5994... this could be long term launch.. for less then 10 pip risk
those who can, do. those who cant, talk about those who can
  • #175,363
  • Dec 23, 2009 10:49pm Dec 23, 2009 10:49pm
Morning all. a bull set up underway at the top now but looking little down to close few shorts here , 1.4333/17 to take a long scalping position.
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #175,364
  • Dec 23, 2009 10:57pm Dec 23, 2009 10:57pm
There's plenty of room for more downside in gold as it slighty overshoots the 61.8. Crude is very overbought in the 1H too, remember crude inventories are still near the upper limit of the average for this time of year.

http://fxmarketanalysis.files.wordpr.../image0012.png
  • #175,365
  • Dec 23, 2009 11:08pm Dec 23, 2009 11:08pm
But the H4 tf telling it may break up the channel .
fontu
Quoting upsandwns
There's plenty of room for more downside in gold as it slighty overshoots the 61.8. Crude is very overbought in the 1H too, remember crude inventories are still near the upper limit of the average for this time of year.

http://fxmarketanalysis.files.wordpr.../image0012.png
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #175,366
  • Dec 23, 2009 11:09pm Dec 23, 2009 11:09pm
chicky isnt better to take a shot and go for long to 1.4420 or 1.444 as the bearish channell has been violated on 4h and then take as much shorts as you want on confirmation of trend change
  • #175,367
  • Dec 23, 2009 11:20pm Dec 23, 2009 11:20pm
All.
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  • #175,368
  • Dec 23, 2009 11:56pm Dec 23, 2009 11:56pm
Mr grashid,

why are you longish on euro and Gold when till yesterday you were kind of bearinh. any specific reason sir.

thanks.
  • #175,369
  • Dec 24, 2009 12:08am Dec 24, 2009 12:08am
Quoting Nomi1
Mr grashid,

why are you longish on euro and Gold when till yesterday you were kind of bearinh. any specific reason sir.

thanks.
I'm also curious. In gold, was it because we've overshot a strong bear channel upper by a few dollars - on some news? Do you see the news as a temporal trend anomoly, or a longer term trend changer? thanks
  • #175,370
  • Dec 24, 2009 12:12am Dec 24, 2009 12:12am
Quoting nawafasad1
chicky isnt better to take a shot and go for long to 1.4420 or 1.444 as the bearish channell has been violated on 4h and then take as much shorts as you want on confirmation of trend change
Yes, this is what I am in - will close my longs at a loss near 1.439x/1.4444 and MAY go short. Depends how 1.4444 takes it.
The Thief of Wall Street
  • #175,371
  • Dec 24, 2009 12:23am Dec 24, 2009 12:23am
yeah..i been short since 45..hoping downward momentum would continue
  • #175,372
  • Dec 24, 2009 12:32am Dec 24, 2009 12:32am
Quoting Chicky
Yes, this is what I am in - will close my longs at a loss near 1.439x/1.4444 and MAY go short. Depends how 1.4444 takes it.
if you can tell so confidently as to where price would be next (1.439x/1.4444), what made you go long then?

TF
  • #175,373
  • Dec 24, 2009 12:48am Dec 24, 2009 12:48am
My last one before x'mas holiday...

EU lock BE+10
GU Lock BE+30
Gold lock BE+250 with 2 TP@ TP1=1105.60 (still open atm and may close manually ) and TP2=1117

Good luck and happy holiday to all of you...


Catch u guys later next week
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  • #175,374
  • Dec 24, 2009 1:02am Dec 24, 2009 1:02am
Can i get those apple.........
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  • #175,375
  • Dec 24, 2009 1:10am Dec 24, 2009 1:10am
Quoting Munal
Can i get those apple.........
If you took action timely then it is very likely you get it ,hold the foot firm ( no slip if now back to 1.4355/48 again ,sl at profit level ) & jump.
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #175,376
  • Dec 24, 2009 1:15am Dec 24, 2009 1:15am
Thanks... action taken

Quoting fontu
If you took action timely then it is very likely you get it ,hold the foot firm ( sl at profit level ) & jump.
fontu
  • #175,377
  • Dec 24, 2009 1:24am Dec 24, 2009 1:24am
Quoting Munal
Thanks... action taken
Nice , me too. but not forget take profit most/all at 1,4380 first ,should have a kick down at that level.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #175,378
  • Dec 24, 2009 1:34am Dec 24, 2009 1:34am
My Eyes on this too....



Quoting fontu
Nice , me too. but not forget take profit most/all at 1,4380 first ,should have a kick down at that level.
fontu
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  • #175,379
  • Dec 24, 2009 1:51am Dec 24, 2009 1:51am
think re-down
  • #175,380
  • Dec 24, 2009 1:55am Dec 24, 2009 1:55am


I am in the holiday mood already ... my first year at forex, just a little profit overall ... not great at all ... could not keep all those profits I have made along the way ... lost them all at the end ... would try again next year ....

no more trading in the year ... need to work out my system especially my discipline ....

Merry Xmas and Happy New Year ....

Thanks for those who have helped me to learn this rather tricky game ...

Cheers
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