Resistance line broken, went long.
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- #281,322
- Aug 12, 2010 10:55pm Aug 12, 2010 10:55pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
no do not do it .... there was a low volume test and lets face it pros do not sit here waiting for news like us at ff
the real strength came at end of london
wonder why eu went up 100 pip off lows while gu stayed under london close till asia ?
15 minutes got higher lows on dips
I would wait till after news pike to sell it maybe in 1.3000 area
would not be shorting just because you feel it may go down
If any thing and gdp is bad then sell under 1,2821 , 50 pip away but a very safe sell
sorry not telling you what to do ... your money , just pointing out what is logical
Everyone is in a sell right now .... a little short squeeze could have this thingup to 1.3000 in a heart beat
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- #281,323
- Aug 12, 2010 10:59pm Aug 12, 2010 10:59pm
- | Joined Jan 2009 | Status: Don't Tread On Me | 2,059 Posts
shorting eu before news.... lets see if luck plays out.
Remember the futures pit is not open yet (Euro pit that is) so even though we know the number, they haven't played on that info yet.
- #281,327
- Aug 12, 2010 11:03pm Aug 12, 2010 11:03pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
oops they did it again
2 x high vol pivots here 1.2893 so some supply hitting market
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- #281,328
- Aug 12, 2010 11:03pm Aug 12, 2010 11:03pm
- Joined Nov 2009 | Status: Thx G, Malc, D55, Fontu & Hatch | 3,196 Posts
- #281,330
- Aug 12, 2010 11:05pm Aug 12, 2010 11:05pm
- Joined Jun 2009 | Status: A slave to the tape | 4,390 Posts
now lets c if french can do it too
Even if french numbers are bad, it most likely will have no effect either way with a gdp # like that.....
- #281,331
- Aug 12, 2010 11:05pm Aug 12, 2010 11:05pm
- Joined Aug 2009 | Status: Ride the Pig | 31,271 Posts
Look Sharp/Trade Tight
- #281,333
- Aug 12, 2010 11:08pm Aug 12, 2010 11:08pm
- Joined Aug 2009 | Status: Ride the Pig | 31,271 Posts
Look Sharp/Trade Tight
- #281,334
- Aug 12, 2010 11:09pm Aug 12, 2010 11:09pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #281,337
- Aug 12, 2010 11:11pm Aug 12, 2010 11:11pm
- Joined Aug 2009 | Status: Ride the Pig | 31,271 Posts
Look Sharp/Trade Tight
- #281,338
- Aug 12, 2010 11:12pm Aug 12, 2010 11:12pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
ton of supply here right at those high vol pivots
if that supply is absorbed pop we go 1.2924
if that supply is absorbed pop we go 1.2924
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- #281,340
- Aug 12, 2010 11:14pm Aug 12, 2010 11:14pm
- Joined Aug 2009 | Status: Ride the Pig | 31,271 Posts
Look Sharp/Trade Tight