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My path to financial freedom

  • #1,861
  • May 26, 2010 5:21am May 26, 2010 5:21am
Quoting neutro
lol, you're saying 'off to the gym' like you have to drive to get there it's not like you don't have your netbook with you


I also go for a run. See je lt.
  • #1,862
  • May 26, 2010 5:38am May 26, 2010 5:38am
Quoting lovejoy80
yeah I have this too...wish I'd gone long on the breakout yesterday now.
You could also wait for the pullb ack like me since u missed the breakout but I'm a bit more conservative
been playing with my excel and it tells me I dnt need to rush lol
ecad seems to be moving now, waiting to see how it plays out
Simplicity is the key to success
  • #1,863
  • May 26, 2010 5:38am May 26, 2010 5:38am
Quoting squeezy
sup guys
yo, wassup?
  • #1,864
  • May 26, 2010 6:27am May 26, 2010 6:27am
Quoting neutro
lol, you're saying 'off to the gym' like you have to drive to get there it's not like you don't have your netbook with you
Haha...dont take my notebook with me anymore...but the 15 seconds walk to my garage is quite handy
  • #1,865
  • May 26, 2010 6:53am May 26, 2010 6:53am
Somebody's having a tough time breaching 70.80
  • #1,866
  • May 26, 2010 7:05am May 26, 2010 7:05am
Decided to take profit on my UC short...it hit 4HR PPZ and started to reverse and oil is struggling too...have a pending short if we get below the daily pin, but happy to abk some profit in the meantime...result +2.45%.

Really annoyed I took profit on Dax trade...should have just left it with a TP at 5795...thrown away 2.8 % potential more profit if it gets there.
  • #1,867
  • May 26, 2010 7:11am May 26, 2010 7:11am
Decided to add a further E/CAD short (with SL@ 1.3195) on breaking 4HR PPZ (gave it some room to ensure not a false breakout) as only had 1% on original BEOB entry...so now have 2% @ risk.
  • #1,868
  • May 26, 2010 7:13am May 26, 2010 7:13am
Quoting lovejoy80
Decided to take profit on my UC short...it hit 4HR PPZ and started to reverse and oil is struggling too...have a pending short if we get below the daily pin, but happy to abk some profit in the meantime...result +2.45%.

Really annoyed I took profit on Dax trade...should have just left it with a TP at 5795...thrown away 2.8 % potential more profit if it gets there.

Oil has 71.18 to deal with before moving higher IMO
uchf struggling with 11518, if it breaks want to see a convincing break of that area to consider shorts
ecad moving well, fta at 13062, havnt decided yet but I might be looking for 12650 as final tp but only time will tell, might close earlier though
cheers guys
Simplicity is the key to success
  • #1,869
  • May 26, 2010 7:15am May 26, 2010 7:15am
If equity markets continue to drift north then I'm also looking at breakouts on GU, AU, AJ and UJ
Attached Image(s) (click to enlarge)
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  • #1,870
  • May 26, 2010 7:18am May 26, 2010 7:18am
Quoting squeezy
Oil has 71.18 to deal with before moving higher IMO
uchf struggling with 11518, if it breaks want to see a convincing break of that area to consider shorts
ecad moving well, fta at 13062, havnt decided yet but I might be looking for 12650 as final tp but only time will tell, might close earlier though
cheers guys
I'm not liking U/CHf...all that choppyness to the lft is holding it up will cut soon.

Agree on Oil.

I would have my second target as 1.2890 on ECAD based on 4HR chart before 12650
  • #1,871
  • May 26, 2010 7:19am May 26, 2010 7:19am
Quoting neutro
Somebody's having a tough time breaching 70.80
it is a daily resistance. Key level but ... if it breaks...
  • #1,872
  • May 26, 2010 7:21am May 26, 2010 7:21am
I know it is 30 mins, but what do you guys think ?
Attached Image
  • #1,873
  • May 26, 2010 7:26am May 26, 2010 7:26am
Closed U/Ch for a small loss. Did not like PA (H4) it looks like a second re-test of previous consolidation range IMO
  • #1,874
  • May 26, 2010 7:29am May 26, 2010 7:29am
This was my Dax chart I was working off...entry @ 5735 i.e. break and pullback to TL it broke and then TP 5 pps below the 5800 S/R area... I closed on signs of a retracement @ 5965.

If US session continues in the same vain as European then we could get a lot mre mometum to the upside and my second TP of 5865 could have been hit.

I'm so unimpressed with how I couldnt manage to let a free trade run...not good at all.

Anyway rant at myself over with, Dax chart deleted of my charts for the day, emotions reset to neutral and now waiting for US open.
Attached Image (click to enlarge)
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  • #1,875
  • May 26, 2010 7:37am May 26, 2010 7:37am
Quoting lovejoy80

I'm so unimpressed with how I couldnt manage to let a free trade run...not good at all.

.
Just 2 cents.
My best trades have been the ones that I opened lokking at lower TF (H4, H1) but I managed the SLs based on First Daily TA.

I say this but look at what I just did closing U/Ch. LOL
  • #1,876
  • May 26, 2010 7:38am May 26, 2010 7:38am
Closed UCHF for result of -0.27%

EUR is very weak across the board, equity futres continuing up but EUr is pointing down. gone short EUR/AUD...got in a bit late on break fo TL @ 1.4768 SL 1.4987 - 2% at risk
Attached Image (click to enlarge)
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  • #1,877
  • May 26, 2010 7:41am May 26, 2010 7:41am
Quoting ogeid
I know it is 30 mins, but what do you guys think ?
Dont often go below the 1HR and dont like trading just off a TL especially on lower timeframes...but here would be my chart...
Attached Image (click to enlarge)
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  • #1,878
  • May 26, 2010 7:45am May 26, 2010 7:45am
Poor US data has made equities turn and takingxxx/usd and xxx/jpy with it...more data out in75mins and US open in 45 mins...be interesting to see if the daily pin bars actually break and play out today or if US market takes us back down.

E/CAD just hit FTA and I've taken some profit leaving 1% at risk
  • #1,879
  • May 26, 2010 7:55am May 26, 2010 7:55am
Quoting lovejoy80
I'm not liking U/CHf...all that choppyness to the lft is holding it up will cut soon.

Agree on Oil.

I would have my second target as 1.2890 on ECAD based on 4HR chart before 12650

I also have a target as urs 12890 area, depends on how price moves b4 I close out
I kind of favor a short on uchf but my views usually changed based on price behaviour, that's why I kind of enjoy watching price move most times
I have a lot of areas I'm watching, and testing
can u see where we r bouncing off ecad support, nice
Simplicity is the key to success
  • #1,880
  • May 26, 2010 8:02am May 26, 2010 8:02am
Closed Oil BE +
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