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  • #1,661
  • May 18, 2010 8:32am May 18, 2010 8:32am
Quoting Saxon
Still no positions for me yet, GU is pushing UTL and might test "00" 1.45
EU is having problems breaking it's "00" 1.24
AU is testing UTL too
Hi,

sorry for the stupid question but could u pls tell me wht is "UTL"


Mahsam
  • #1,662
  • May 18, 2010 8:35am May 18, 2010 8:35am
Quoting Saxon
Still no positions for me yet, GU is pushing UTL and might test "00" 1.45
EU is having problems breaking it's "00" 1.24
AU is testing UTL too
scalping long gu to 00.

entry was 71 sl is at entry so I might get stopped.
  • #1,663
  • May 18, 2010 8:46am May 18, 2010 8:46am
ahhhh... this slow price action all over is killing me! m feeling sleepy now



Mahsam
  • #1,664
  • May 18, 2010 8:46am May 18, 2010 8:46am
Quoting mahsam
Hi,

sorry for the stupid question but could u pls tell me wht is "UTL"


Mahsam
Oh, it means Upper Trend Line here are some others:

LTL- Lower Trend Line
S/R- Support/Resist
PA- Price Action
I can't think of any more, but if I do I'll post them
  • #1,665
  • May 18, 2010 8:49am May 18, 2010 8:49am
Quoting calderone
scalping long gu to 00.

entry was 71 sl is at entry so I might get stopped.
You're up
I'm still in no positions. Going to let things settle down
  • #1,666
  • May 18, 2010 8:50am May 18, 2010 8:50am
Quoting Saxon
You're up
I'm still in no positions. Going to let things settle down
I may be stuck too! lol This sucks.
  • #1,667
  • May 18, 2010 8:50am May 18, 2010 8:50am
Quoting Saxon
Oh, it means Upper Trend Line here are some others:

LTL- Lower Trend Line
S/R- Support/Resist
PA- Price Action
I can't think of any more, but if I do I'll post them
Thanks buddy appreciate the help


Mahsam
  • #1,668
  • May 18, 2010 8:52am May 18, 2010 8:52am
eu has been stuck in a range for the past 3 hrs during mid london.... isint is kinda weird...?? I think a break above the range or below the range maybe a good trade in the direction of the break...??
  • #1,669
  • May 18, 2010 8:55am May 18, 2010 8:55am
all the markets are in positive territory, dax etc.
  • #1,670
  • May 18, 2010 9:00am May 18, 2010 9:00am
stopped out. lol
  • #1,671
  • May 18, 2010 9:04am May 18, 2010 9:04am
hikkake on the gu hourly, granted it's a crappy one but it could mean lower prices.
  • #1,672
  • May 18, 2010 9:05am May 18, 2010 9:05am
Missed a nice entry on yen. hourly pin type bar.

yen pairs still look like buy on dips on the hourly charts.
  • #1,673
  • May 18, 2010 9:08am May 18, 2010 9:08am
only if i held onto my short on ej for a while longer instead of closing it out on -35 pips it just started to go below 115 this candle already would have given me +30 pips arrrghhhh i hate it when this happens


Mahsam
  • #1,674
  • May 18, 2010 9:09am May 18, 2010 9:09am
Don't know how much reeds needed to cover PA, rarely use indi.s, some times SMA. This time -not. But again, is a probability, mean, for some reasons I got long from the bottom, and at the same time I short again already few times. Rarely believe myself to my Picasso's style.... :-) Just think, why not?
Attached Image (click to enlarge)
Click to Enlarge Name: scrn 2010-05-18 ? 14.38.34.png Size: 146 KB
No crystal ball. I read the cards.
  • #1,675
  • May 18, 2010 9:10am May 18, 2010 9:10am
Quoting calderone
Missed a nice entry on yen. hourly pin type bar.

yen pairs still look like buy on dips on the hourly charts.
took a short on AU up 7 pips, tight SL though
  • #1,676
  • May 18, 2010 9:12am May 18, 2010 9:12am
Quoting Saxon
took a short on AU up 7 pips, tight SL though

hi,

whts ur stop and tp...??


Mahsam
  • #1,677
  • May 18, 2010 9:14am May 18, 2010 9:14am
Quoting intery
Don't know how much reeds needed to cover PA, rarely use indi.s, some times SMA. This time -not. But again, is a probability, mean, for some reasons I got long from the bottom, and at the same time I short again already few times. Rarely believe myself to my Picasso's style.... :-) Just think, why not?Attachment
Hi Intery,
Thanks for the post. Good to have you on the thread
  • #1,678
  • May 18, 2010 9:17am May 18, 2010 9:17am
Quoting mahsam
hi,

whts ur stop and tp...??


Mahsam
My bad,
SL was just 20 pips
TP will be half of swing, so like 25 pips

Not as confident in this trade though. I used EU braking "00" to guage it.
PA is all over the place
I am at BE (break-even) right now, +/- 1 or 2, so we will see where this runs. This is by no mean a LT (long-term) position, if I think it is moving against me, I will take my pips and run before TP
  • #1,679
  • May 18, 2010 9:18am May 18, 2010 9:18am
Quoting Saxon
took a short on AU up 7 pips, tight SL though
I should have taken this trade with MarcVum.

Get in and out fast today.
  • #1,680
  • May 18, 2010 9:22am May 18, 2010 9:22am
Quoting Saxon
My bad,
SL was just 20 pips
TP will be half of swing, so like 25 pips

Not as confident in this trade though. I used EU braking "00" to guage it.
PA is all over the place
I am at BE (break-even) right now, +/- 1 or 2, so we will see where this runs. This is by no mean a LT (long-term) position, if I think it is moving against me, I will take my pips and run before TP

GL with it

Mahsam
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