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  • #220,901
  • Apr 6, 2010 7:20am Apr 6, 2010 7:20am
I recon bounce hard between 3360 3380 back up to 3430 based on some voodoo magic.
Founder of Sutherland Wave Principle
  • #220,902
  • Apr 6, 2010 7:21am Apr 6, 2010 7:21am
a retracement is overdue at this point, if you ask me. where is all the rumored demand?
  • #220,903
  • Apr 6, 2010 7:22am Apr 6, 2010 7:22am
Mmmmmmmmm.....

Looks like 3370-80 will be a good area to go long...



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  • #220,904
  • Apr 6, 2010 7:23am Apr 6, 2010 7:23am
Quoting suthmo
I recon bounce hard between 3360 3380 back up to 3430 based on some voodoo magic.
no worries then 3360 it is
Trade on your own risk Plan your trade&trade your plan dont be a
  • #220,905
  • Apr 6, 2010 7:23am Apr 6, 2010 7:23am
Quoting Trading Cat
short 3390 for3375 sl 3420 entered through pending and would like to exit through limit.
In my book that trade is not low risk, because you entered at 31/03 low, which may provide a bounce & your stop is within the 'noise'. If you are to do something like selling support levels, then I would have put a stop above swing high 1.3591 so 1.36 perhaps.
Prices oscillate, trends persist. Trend is your friend.
  • #220,906
  • Apr 6, 2010 7:24am Apr 6, 2010 7:24am
Quoting manojsai

expecting a bounce at 3387/3393 area and downward target at 3319
d
  • #220,907
  • Apr 6, 2010 7:27am Apr 6, 2010 7:27am
maybe up on ny opening, pa today is way to slow
  • #220,908
  • Apr 6, 2010 7:27am Apr 6, 2010 7:27am
What's this down move on equities ?
COT: The precious data ignored
  • #220,909
  • Apr 6, 2010 7:29am Apr 6, 2010 7:29am
If price keeps on falling past 1.3266 then I expect a spike into 1.31-1.3 where I will close my position trade.
Prices oscillate, trends persist. Trend is your friend.
  • #220,910
  • Apr 6, 2010 7:30am Apr 6, 2010 7:30am
Quoting Trading Cat
short 3390 for3375 sl 3420 entered through pending and would like to exit through limit.
Its not safety to open short positions by support... but may be you are right.
Peace.
  • #220,911
  • Apr 6, 2010 7:30am Apr 6, 2010 7:30am
Quoting jsspmk
In my book that trade is not low risk, because you entered at 31/03 low, which may provide a bounce & your stop is within the 'noise'. If you are to do something like selling support levels, then I would have put a stop above swing high 1.3591 so 1.36 perhaps.
I have my reasons:
- above fib level
-recent resistance
- above S2
-break of recent resistance

people trade different thats why we have movement.
peace bro
Trade on your own risk Plan your trade&trade your plan dont be a
  • #220,912
  • Apr 6, 2010 7:31am Apr 6, 2010 7:31am
Here is an artist impression of the week ahead according cause and effect.
Attached Image
Founder of Sutherland Wave Principle
  • #220,913
  • Apr 6, 2010 7:31am Apr 6, 2010 7:31am
told ya !
  • #220,914
  • Apr 6, 2010 7:31am Apr 6, 2010 7:31am
now i run out of support-lines for quite a while.
  • #220,915
  • Apr 6, 2010 7:32am Apr 6, 2010 7:32am
Quoting Trading Cat
short 3390 for3375 sl 3420 entered through pending and would like to exit through limit.
target hit limit executed trade done.

Now you guys always saying its not safe my god if you have a problem with it good but dont give this crab.
It was a safe trade in my books. Now back to work for next entry.
T.Cat
Trade on your own risk Plan your trade&trade your plan dont be a
  • #220,916
  • Apr 6, 2010 7:33am Apr 6, 2010 7:33am
Quoting Mr Hatch
now i run out of support-lines for quite a while.
next one is at 3345
Trade on your own risk Plan your trade&trade your plan dont be a
  • #220,917
  • Apr 6, 2010 7:33am Apr 6, 2010 7:33am
Quoting Trading Cat
target hit limit executed trade done.

Now you guys always saying its not safe my god if you have a problem with it good but dont give this crab.
It was a safe trade in my books. Now back to work for next entry.
T.Cat
why do you even care, it's banked
  • #220,918
  • Apr 6, 2010 7:34am Apr 6, 2010 7:34am
EURO-DOLLAR: Losses extended to near $1.3365 area as ECB fixing related
sales weighed on the pair, sufficient to press euro though bids at
$1.3380 and the stops nestled under $1.3370, the euro still weighed by
concerns about Greece, as signaled by continued widening of Greek
spreads. Area of $1.3350/40 said to hold some demand interest.

Provided by: Market News International
Trade on your own risk Plan your trade&trade your plan dont be a
  • #220,919
  • Apr 6, 2010 7:35am Apr 6, 2010 7:35am
Quoting jsspmk
If price keeps on falling past 1.3266 then I expect a spike into 1.31-1.3 where I will close my position trade.
Do you use other trade-model(type)?
  • #220,920
  • Apr 6, 2010 7:35am Apr 6, 2010 7:35am
Next clear support on my chart - 1.3280
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