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  • #182,381
  • Jan 19, 2010 7:24pm Jan 19, 2010 7:24pm
Nice break last night lower, I think it can really start to gain momentum. Sub 1.4000 in the short term.
  • #182,382
  • Jan 19, 2010 7:25pm Jan 19, 2010 7:25pm
Quoting TripeiroFX
Sed34, SMA 200 in daily chart is one of the indicators that i use a 6 years ago with close price, and i could guarantee that actualy is @ 1,4449.

Best regards
most charts that analysts use including my own says different. i'm using 4290.

actionforex has it at 4290
http://www.actionforex.com/technical...0100119104831/

dailyfx has it at 4290, fx360 and so on. so i'm using that, but use whatever works for you.
  • #182,383
  • Jan 19, 2010 7:25pm Jan 19, 2010 7:25pm
That was fast... 5 minute candle is long.
  • #182,384
  • Jan 19, 2010 7:27pm Jan 19, 2010 7:27pm
support broken.. 4136 targeted
Attached Image (click to enlarge)
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those who can, do. those who cant, talk about those who can
  • #182,385
  • Jan 19, 2010 7:28pm Jan 19, 2010 7:28pm
Hell.. That was fast... I wasnt able to close @ 1.42
  • #182,386
  • Jan 19, 2010 7:30pm Jan 19, 2010 7:30pm
Pennant forming on the 5M...get ready to catch the second wave if you missed the first!

I'm retiring for the night!
  • #182,387
  • Jan 19, 2010 7:34pm Jan 19, 2010 7:34pm
Already achieved my daily target...and it's only 2.30pm here. Love it when that happens!!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #182,388
  • Jan 19, 2010 7:34pm Jan 19, 2010 7:34pm
Looking at the charts, the long term lower trendline was breached. It hung around a bit and looked like it might retrace, but I suppose the hole was too big.
  • #182,389
  • Jan 19, 2010 7:35pm Jan 19, 2010 7:35pm
Wow! I saw the bear triangle but didn't think it would break so fast. Oh well!
  • #182,390
  • Jan 19, 2010 7:38pm Jan 19, 2010 7:38pm
Quoting realjumper
Already achieved my daily target...and it's only 2.30pm here. Love it when that happens!!!
Miss the move, wasn't at the PC. Your orders for the day: Shoot anything that looks like a support, no question asked.
Over and out!
  • #182,391
  • Jan 19, 2010 7:39pm Jan 19, 2010 7:39pm
Quoting gatorinla
support broken.. 4136 targeted
Do you mean it will retrace upward after the price reach 4136?
  • #182,392
  • Jan 19, 2010 7:40pm Jan 19, 2010 7:40pm
its funny when people say something is 'broken' when the price hasn't closed below that price on a significant timeframe.

Learn to use close prices.
  • #182,393
  • Jan 19, 2010 7:40pm Jan 19, 2010 7:40pm
Quoting maurofx
Miss the move, wasn't at the PC. Your orders for the day: Shoot anything that looks like a support, no question asked.
Over and out!
Yo entiendo......if it doesn't move...SHOOT IT!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #182,394
  • Jan 19, 2010 7:40pm Jan 19, 2010 7:40pm
Quoting maurofx
Miss the move, wasn't at the PC. Your orders for the day: Shoot anything that looks like a support, no question asked.
Over and out!
Thanks God I had closed my long and opened a new shot at 1.4275...

  • #182,395
  • Jan 19, 2010 7:40pm Jan 19, 2010 7:40pm
Someone is demonstrating the bear power. lol.

Now sitting at 365ema (1.4214), on daily chart . Could retrace a little but will likely head for 1.41x soon.
  • #182,396
  • Jan 19, 2010 7:41pm Jan 19, 2010 7:41pm
Quoting GulfCoastPip


Yeah, on that one....a mental stop wouldn't have worked to well.
Yep... that is the risk you run on mental stops. I set stops on quick trades while using multi-level tp's. I'm constantly adjusting the stops and tp's too. I prefer mental or trailing stops on long-term trades.

Hey bro we almost have the same number of posts!
  • #182,397
  • Jan 19, 2010 7:43pm Jan 19, 2010 7:43pm
Stop loss breakouts have no emotions thank God. Cant wait for the other triggers...
  • #182,398
  • Jan 19, 2010 7:43pm Jan 19, 2010 7:43pm
Quoting realjumper
Yo entiendo......if it doesn't move...SHOOT IT!
That's rgight soldier. Stand by for 4216 death report.
  • #182,399
  • Jan 19, 2010 7:43pm Jan 19, 2010 7:43pm
i read the china safe articale was that anything to do with it? crazy s/it always happens when i open the lid!
  • #182,400
  • Jan 19, 2010 7:44pm Jan 19, 2010 7:44pm
Quoting Rednose
Thanks God I had closed my long and opened a new shot at 1.4275...

Alabado sea el seņor mi amigo!!! How do you see short term PA?
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