EU is close to its 4 hr descending TL but I like the horizontal line better.
Placed short at 1.215
Placed short at 1.215
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My path to financial freedom
- #2,182
- Jun 9, 2010 9:33am Jun 9, 2010 9:33am
- | Commercial User | Joined Feb 2008 | 4,633 Posts
Hi Guys,
I just come back from my holiday so I missed many your good posts,but I can not see recently any Mark's post here .Is he ok?
Happy trading.
FX.
I'm currently in Paphos, Cyrpus...just waiting for to be picked up for transfer to airport for flight home. I'll be landing at London Gatwick at 2am local UK time and then 90 min drive home, not a nice fliight time!
will spend tomorrow catching up with sleep and then looking at charts to see what's gone on since I've been away with a view to start trading again Friday.
My two big focuses over the next month are trading / making some serious account gains and the football world cup
- #2,185
- Jun 9, 2010 10:21am Jun 9, 2010 10:21am
I believe you ll be disappointed on the second one.
Hey ! I am not saying I will not disappointed too. We have have a team of grandparents. LOL
1st we take out argentina....... then north korea etc lol
this month is going to be a blast
SUPER EAGLES for the 2010 WC trophy
Simplicity is the key to success
- #2,187
- Jun 9, 2010 1:06pm Jun 9, 2010 1:06pm
eurgbp trade is acting a fool right now, not really moving as expected ....watching closely for further actions
gold long and audusd short acting ok so far so good, missed my nu short ,expecting it to get higher before shorting , so didnt watch it closely
cheers
Be careful of NZD rate statement in one hour. I took half off.
Also long gold and UC, took half off of them too.
IB on GBPCHF on daily.
- #2,188
- Jun 9, 2010 1:22pm Jun 9, 2010 1:22pm
Nice trades.
Be careful of NZD rate statement in one hour. I took half off.
Also long gold and UC, took half off of them too.
IB on GBPCHF on daily.
nice one neutro, the pips are rollingyeah, nzd news...dnt follow them much but no nzd pair trade for me ....its getting late so going to move stops to be + 1 except for egbp which is just about 13pips in profit
want to get past 1233.20 area on gold , thats a trouble area i have on my charts
Simplicity is the key to success
- #2,190
- Jun 9, 2010 11:29pm Jun 9, 2010 11:29pm
yeah, nzd news...dnt follow them much but no nzd pair trade for me ....its getting late so going to move stops to be + 1 except for egbp which is just about 13pips in profit
want to get past 1233.20 area on gold , thats a trouble area i have on my charts
Taking too many trades...
- #2,191
- Jun 10, 2010 12:10am Jun 10, 2010 12:10am
No, they're not really rolling... I'm just breaking even.
out of all my trades, gold & audusd got stopped out, price did its thing and i manually closed egbp for 2pips....didnt like the sluggish movement, im going to watch 8226 for a rxn if it gets there....have a couple scenarios played out in my head.....see how it develops
back to waiting mode for me
Simplicity is the key to success
- #2,193
- Jun 10, 2010 1:20am Jun 10, 2010 1:20am
Here's what I'm in now. IB on RN and major PPZ.
Obviously I got stopped out on Silver yesterday. Also on UCh and NU on other halfs. Gold is just a few pips away from getting stopped out for a minor win overall (well, just got stopped now).
imho, from the way i view my charts price hasnt really shown the direction of smart money, i might be talking a whole lot of BS but it's times like this i wait for a clear direction.....there have been a couple of could have been trades but price just didnt act right, not ready to loose money here
ill wait for something to jump up and slap me in the face.
ps: ogeid show urself friend
Simplicity is the key to success
- #2,195
- Jun 10, 2010 2:12am Jun 10, 2010 2:12am
Just went long on A/U after 3 IBs in H1. SL just below the IB. Target 0.85.
Still in Gold from yesterday.
Question for you guys: beside A/U is there any other pair, future that has a strong correlation with Gold ? E/U ?
Maybe NU. From what I can see, NU and AU move 90% the same, so if AU is correlated with gold and NU with AU then NU is correlated with gold. Transitivity.
I asked the question because I am in this trade from yesterday and I observed Gold compared to equities, EU and GU and I noticed sometime they move together sometime not. I was just wondering if you guys had some more info.
I am also studying IBs at the moment. I like these bars, in certain situations they are real killers and they allow you to use very tight SLs. I wanna dig more into them.
Cheers
