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  • #14,461
  • Jan 22, 2010 1:57am Jan 22, 2010 1:57am
Quoting egkid
Morning all
I Add sell here Also 0.9060
You want to short, really what a surprise The two indexes were pretty dead until we hit .9075, and the US Dollar started printing red. That is the bad news no surprise, the good news is the Australian Dollar is literally flat lined so it seems to be more of a pyscological correction if there is such a thing.
  • #14,462
  • Jan 22, 2010 2:05am Jan 22, 2010 2:05am
Quoting Clouds
wait for it to go down before you sell, but it probably not going to happen today , maybe next week
Unbelievable, a little late for that. I already hoped in the boat with DT . I cashed in the long early after I took it late at .9057, and I sold it the minute it hit .9070. After the Asian session, I think the repeated patterns fried my brain, and I have been trigger happy. The US Dollar is battling to go green on a 15 min chart, and the Aus Dollar is still pretty dormant so I hope that you are wrong.
  • #14,463
  • Jan 22, 2010 2:06am Jan 22, 2010 2:06am
Quoting Clouds
wait for it to go down before you sell, but it probably not going to happen today , maybe next week

Exactly...No one ever thinks of the cushion...
  • #14,464
  • Jan 22, 2010 2:10am Jan 22, 2010 2:10am
Quoting Ducci
You want to short, really what a surprise The two indexes were pretty dead until we hit .9075, and the US Dollar started printing red. That is the bad news no surprise, the good news is the Australian Dollar is literally flat lined so it seems to be more of a pyscological correction if there is such a thing.
Seems I'm still sleepy, Maybe i enter early a bit but After all
My sell above daily PVT, Trend down,I trade long term could leave it for days or weeks as long as i manage my MM

Thanks or your care
  • #14,465
  • Jan 22, 2010 2:14am Jan 22, 2010 2:14am
Quoting Ducci
Unbelievable, a little late for that. I already hoped in the boat with DT . I cashed in the long early after I took it late at .9057, and I sold it the minute it hit .9070. After the Asian session, I think the repeated patterns fried my brain, and I have been trigger happy. The US Dollar is battling to go green on a 15 min chart, and the Aus Dollar is still pretty dormant so I hope that you are wrong.
I could be wrong, and it could go down Monday (or today?). It's just i see that it's moved already 100 pips up, and from looking at this charts, it seems unusually for the AUD in a down trend.
  • #14,466
  • Jan 22, 2010 2:17am Jan 22, 2010 2:17am
Quoting Kamikaze456
Exactly...No one ever thinks of the cushion...
Well I hope your both are wrong, no offense. At the end of the trade, I will tell you and Clouds what I actually bought in at because it wasn't exactly .9070, but not that far off, but I am trading only one lot so I used a little higher SL. The biggest movement that I have seen in the last few months off of the 34 EMA based on the high for a 60 minute chart is right around 40 PIP's over on 12/29 at 4:00 AM, I know because I should have been sleeping, and I thought that I was catching the high. It wasn't pretty. We are sitting at 9 PIP's over now. Do you guys really think there will be that big of a correction?
  • #14,467
  • Jan 22, 2010 2:21am Jan 22, 2010 2:21am
Quoting Ducci
Well I hope your both are wrong, no offense....
I think we will at least see a further retracement to 0.9100....
  • #14,468
  • Jan 22, 2010 2:21am Jan 22, 2010 2:21am
Quoting Ducci
Well I hope your both are wrong, no offense....
I'm not trading the aussie, I'm long EJ, (which is at weekly support), so I really don't know what the aussie will do, but what "could" happen is the JPY pairs pull up the USD pairs in a rather large correction. But you shouldn't be reading this thread for advice, on where pairs will go. Just use good money management.
  • #14,469
  • Jan 22, 2010 2:23am Jan 22, 2010 2:23am
Quoting Clouds
But you shouldn't be reading this thread for advice, on where pairs will go. Just use good money management.

HaHa Don't read it when I'm on at least
  • #14,470
  • Jan 22, 2010 2:23am Jan 22, 2010 2:23am
my computer crashed not long after i put in sell order and i didnt get a chance to set my sl.....im typing this message from my nokia n97 hope it works....can someone please tell me did i lose or not yet?
  • #14,471
  • Jan 22, 2010 2:24am Jan 22, 2010 2:24am
Quoting Clouds
I'm not trading the aussie, I'm long EJ, (which is at weekly support), so I really don't know what the aussie will do, but what "could" happen is the JPY pairs pull up the USD pairs in a rather large correction. But you shouldn't be reading this thread for advice, on where pairs will go. Just use good money management.
Ok you are giving me an Ulcer, sorry I asked . DT Shake that tree mate...


Shaking the Money Tree http://www.metroactive.com/papers/me...level-9640.jpg
  • #14,472
  • Jan 22, 2010 2:26am Jan 22, 2010 2:26am
Quoting Daytrader74
my computer crashed not long after i put in sell order and i didnt get a chance to set my sl.....im typing this message from my nokia n97 hope it works....can someone please tell me did i lose or not yet?
No we are sitting at .9087, it has been back and forth.
  • #14,473
  • Jan 22, 2010 2:28am Jan 22, 2010 2:28am
Quoting Daytrader74
my computer crashed not long after i put in sell order and i didnt get a chance to set my sl.....im typing this message from my nokia n97 hope it works....can someone please tell me did i lose or not yet?
yours SL is safe, .9080 right now
  • #14,474
  • Jan 22, 2010 2:29am Jan 22, 2010 2:29am
Quoting Kamikaze456
I think we will at least see a further retracement to 0.9100....
I can live with .9100
  • #14,475
  • Jan 22, 2010 2:33am Jan 22, 2010 2:33am
Thanks, can someone tell me when it blows through my SL , thanks
  • #14,476
  • Jan 22, 2010 2:39am Jan 22, 2010 2:39am
Quoting Daytrader74
Thanks, can someone tell me when it blows through my SL , thanks
Ok, you got to have more faith then that.
  • #14,477
  • Jan 22, 2010 2:40am Jan 22, 2010 2:40am
Now i got my morning caffe
I'm interested to see where this 1H close,In my view if it close 9060 mean down we go
  • #14,478
  • Jan 22, 2010 2:46am Jan 22, 2010 2:46am
Quoting Ducci
Ok, you got to have more faith then that.
Ah I always have faith its just times like these when accidents happen and I don't have a SL that something bad usually happens !! however it could be worse if NFP was due lol
  • #14,479
  • Jan 22, 2010 2:46am Jan 22, 2010 2:46am
Quoting egkid
Now i got my morning caffe
I'm interested to see where this 1H close,In my view if it close 9060 mean down we go
That might be a tall order with that tough line at .9075. I will keep my fingers crossed so what it it is higher?
  • #14,480
  • Jan 22, 2010 2:50am Jan 22, 2010 2:50am
Quoting Daytrader74
Ah I always have faith its just times like these when accidents happen and I don't have a SL that something bad usually happens !! however it could be worse if NFP was due lol
We are struggling with .9075, but we are sitting at .9072 if we can hold.
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