G/u is not through with short's, its coming down some good pips, i announced yesterday g/u would be fantastic 5, guys look out in next couple of minute's and hours where g/u would be......... Gush
Cable Update (GBPUSD)
- #190,163
- Dec 30, 2009 11:41am Dec 30, 2009 11:41am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #190,167
- Dec 30, 2009 11:48am Dec 30, 2009 11:48am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #190,168
- Dec 30, 2009 11:49am Dec 30, 2009 11:49am
- Joined Apr 2008 | Status: Trader | 9,414 Posts
eg .. you slow...lol
did 120 down eu and 100 down gu on that chart.
is now weakness at 78.5 and resistance ...
support 78 .
this could be the retracements we were looking for gu and eu
also note THIS IS EFFECTIVELY LAST TRADING DAY OF YEAR SO CRAZY THINGS CAN HAPPENS
1-We will go under 78
2-I have enough patient and plan if you remember w2 we talked about it
3-DX wil go lower and e/u - g/u up for while to retrace
As long as i know where i will enter and have backup plan i feel ok
- #190,169
- Dec 30, 2009 12:10pm Dec 30, 2009 12:10pm
Malcolmb,
Thank you. I try (at times hard) to remember this subtle difference...
Being right to be successful is different than being successful to show I am right. For me, I can only learn when I expose my failures and my weakness - first to myself.
It is possible to have that which should be correlated to not be for periods of time. That on its own is a trade. I do not have the skill to use them as confirmation of a trade. Might keep me out of one, but not get in one.
If I was inclined (but I am not
) I would look at this short trade as one that has a number of positions. So instead of going short 100% now, I would go 25% and if it moves up, average my short price to a trade plan covering the insanity of the moment.
In that way, I don't have to guess if this is the top of the trap or not.
I am hoping next year to be one that VSA adds to my trading precision. I am grateful for the time you have taken so far and hope you can continue to share and teach what I think is something quite significant.
Take care,
BR
Thank you. I try (at times hard) to remember this subtle difference...
Being right to be successful is different than being successful to show I am right. For me, I can only learn when I expose my failures and my weakness - first to myself.
It is possible to have that which should be correlated to not be for periods of time. That on its own is a trade. I do not have the skill to use them as confirmation of a trade. Might keep me out of one, but not get in one.
If I was inclined (but I am not
) I would look at this short trade as one that has a number of positions. So instead of going short 100% now, I would go 25% and if it moves up, average my short price to a trade plan covering the insanity of the moment.In that way, I don't have to guess if this is the top of the trap or not.
I am hoping next year to be one that VSA adds to my trading precision. I am grateful for the time you have taken so far and hope you can continue to share and teach what I think is something quite significant.
Take care,
BR
nice post
REd gu bulls have to give me a break ... ftse down .75% and gu ripping . Why do I smell a big fat trap
- #190,170
- Dec 30, 2009 12:12pm Dec 30, 2009 12:12pm
- Joined Apr 2008 | Status: Trader | 9,414 Posts
Hello mal
How r u bro
4H DX let's see where this 4h close i think Down, I just waiting to see it inside the cloud
Update, 4H double top And inside the cloud
Meaning (Bearish)
- #190,171
- Dec 30, 2009 12:13pm Dec 30, 2009 12:13pm
So adding to everything else... I need to wear a helmet and flack jacket to trade?
If thats true, it is going to mess a lot of people up. What a great move for a manipulator.
TY
If thats true, it is going to mess a lot of people up. What a great move for a manipulator.
TY
Ewok posted something in the Aus thread about a bomb scare in Times Square. False alarm. If this is the cause of the move, expect a significant retracement.
Shorted GU at 6085.
Just on Sky News now, Nasdaq building evacuated in NY.
- #190,174
- Dec 30, 2009 12:18pm Dec 30, 2009 12:18pm
- Joined Apr 2008 | Status: Trader | 9,414 Posts
res 1.6050 is broken look for the next one 1.6165 to test
- #190,176
- Dec 30, 2009 12:30pm Dec 30, 2009 12:30pm
- | Commercial User | Joined Mar 2007 | 2,287 Posts
- #190,177
- Dec 30, 2009 12:37pm Dec 30, 2009 12:37pm
- | Joined Oct 2007 | Status: Trader | 1,236 Posts
"Timing Is Everything. Really I Swear It Is"
- #190,178
- Dec 30, 2009 12:44pm Dec 30, 2009 12:44pm
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Building shorts for 5750 level.
Position will be invalid if price close above the utl resistance.
Good luck & happy new year
Position will be invalid if price close above the utl resistance.
Good luck & happy new year
Thank You 
- #190,179
- Dec 30, 2009 12:49pm Dec 30, 2009 12:49pm
- | Commercial User | Joined Feb 2008 | 7,910 Posts
Building shorts for 5750 level.
Position will be invalid if price close above the utl resistance.
Good luck & happy new year
The finest tool in the world still needs a MAN who KNOWS how to use it.
- #190,180
- Dec 30, 2009 12:50pm Dec 30, 2009 12:50pm
- Joined Apr 2008 | Status: Trader | 9,414 Posts
Building shorts for 5750 level.
Position will be invalid if price close above the utl resistance.
Good luck & happy new year
For me Still flat to sell from good point
PS; i think you will be right if we close under 1.6020 but i don't think so