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Nearly Naked (Simple Trades)

  • #2,281
  • May 26, 2010 1:34pm May 26, 2010 1:34pm
Quoting aragorn123
Hey Mahsam,
Just a comment ..you might want to tune your schedule to trade london. I think Abu Dhabi times might suit London trading well.

I think you might be able to trade it all the way till NY midday when most of the action happens.

Hope this helps.
Hi Aragorn,

Yea u are 100% right, will definetely start tuning my schedule starting monday

thanks for your help guys really appreciate it

Mahsam
  • #2,282
  • May 26, 2010 1:35pm May 26, 2010 1:35pm
EU heading to decision target low.
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  • #2,283
  • May 26, 2010 1:37pm May 26, 2010 1:37pm
Quoting MarcVUM
A/U. PA has retested the broken TL on M15. Some people believe it's going higher... I don't know at this point.
Are you short now? I had a pending order un the 20EMA which just triggered.
  • #2,284
  • May 26, 2010 1:37pm May 26, 2010 1:37pm
Finally AU breaks, I was about to take the spread and cancel that trade
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  • #2,285
  • May 26, 2010 1:39pm May 26, 2010 1:39pm
Quoting Saxon
Finally AU breaks, I was about to take the spread and cancel that trade
If PA continues down, DP and "00" near-confluence is next target area
  • #2,286
  • May 26, 2010 1:49pm May 26, 2010 1:49pm
Quoting aragorn123
Are you short now? I had a pending order un the 20EMA which just triggered.
No, I missed it.
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #2,287
  • May 26, 2010 1:50pm May 26, 2010 1:50pm
Quoting Saxon
EU heading to decision target low.
EU below 1.22 "00"
  • #2,288
  • May 26, 2010 1:54pm May 26, 2010 1:54pm
Is your target 1.2142 or 1.2177.

I have a feeling EU is setting up a grand double bottom bounce. I wont be surprised if it just breaks way higher after hitting your targets.
  • #2,289
  • May 26, 2010 1:55pm May 26, 2010 1:55pm
Ok, just saw it - it is 1.2142.

Btw that place is also a long term 50fib. all pointing to eu moving higher?
  • #2,290
  • May 26, 2010 1:56pm May 26, 2010 1:56pm
Quoting aragorn123
Is your target 1.2142 or 1.2177.

I have a feeling EU is setting up a grand double bottom bounce. I wont be surprised if it just breaks way higher after hitting your targets.
A bunch of analysts think 1.2143 is the supreme floor. I have 1.2144, so I am 1 pip off. If 1.2177 is the floor I will be upset. I will probably go long @ 1.2144 with a 30 pip SL. I might fade now that you have me scared of missing the boat with 1.2177 being the bottom, hmmmmmmmmm
  • #2,291
  • May 26, 2010 2:06pm May 26, 2010 2:06pm
Quoting Saxon
A bunch of analysts think 1.2143 is the supreme floor. I have 1.2144, so I am 1 pip off. If 1.2177 is the floor I will be upset. I will probably go long @ 1.2144 with a 30 pip SL. I might fade now that you have me scared of missing the boat with 1.2177 being the bottom, hmmmmmmmmm
No, I mentioned 1.2177 because I was not aware of your target. I still think it might just have enough momentum to reach 1.214.

Like you mentioned the other day, this has been choppy for a while and i havent really followed it. I just have those long term fibs and potential double bottom setups.
  • #2,292
  • May 26, 2010 2:06pm May 26, 2010 2:06pm
Quoting Saxon
A bunch of analysts think 1.2143 is the supreme floor. I have 1.2144, so I am 1 pip off. If 1.2177 is the floor I will be upset. I will probably go long @ 1.2144 with a 30 pip SL. I might fade now that you have me scared of missing the boat with 1.2177 being the bottom, hmmmmmmmmm
Watch, right when PA gets there and is ready to bounce, Greece comes out with some stupid news announcement about how they are even more a bunch of dead beats than we thought, and the EU falls to the floor. Knock on wood.
  • #2,293
  • May 26, 2010 2:08pm May 26, 2010 2:08pm
Quoting Saxon
Watch, right when PA gets there and is ready to bounce, Greece comes out with some stupid news announcement about how they are even more a bunch of dead beats than we thought, and the EU falls to the floor. Knock on wood.
Defined
http://www.urbandictionary.com/define.php?term=deadbeat
  • #2,294
  • May 26, 2010 2:08pm May 26, 2010 2:08pm
Quoting Saxon
Watch, right when PA gets there and is ready to bounce, Greece comes out with some stupid news announcement about how they are even more a bunch of dead beats than we thought, and the EU falls to the floor. Knock on wood.
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #2,295
  • May 26, 2010 2:09pm May 26, 2010 2:09pm
Are you guys short E/U right now down to the Long Target?
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #2,296
  • May 26, 2010 2:11pm May 26, 2010 2:11pm
Quoting Saxon
Defined
http://www.urbandictionary.com/define.php?term=deadbeat
  • #2,297
  • May 26, 2010 2:12pm May 26, 2010 2:12pm
Quoting MarcVUM
Are you guys short E/U right now down to the Long Target?
Not testing my luck, just going to trade the target
  • #2,298
  • May 26, 2010 2:17pm May 26, 2010 2:17pm
Quoting aragorn123
I just added my definition of "deadbeat" to urban dictionary, should be up in a little bit
  • #2,299
  • May 26, 2010 2:23pm May 26, 2010 2:23pm
Quoting MarcVUM
Are you guys short E/U right now down to the Long Target?
I am not in EU right now .. I do have buy stops set up above 1.225.

I am watching action on 4Hr at 1.2177. I want to see if it holds and if then we get a bullish candle. If you look at my 4H, there are three red candles in a row.
So a bullish bar on the next 4H will be really strong.

I still think 1.2142 is realistic. Hence the conflict, that is why on the sidelines.

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  • #2,300
  • May 26, 2010 3:02pm May 26, 2010 3:02pm
This is dragging
3 traders viewing now