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Nearly Naked (Simple Trades)

  • #7,921
  • Aug 19, 2010 3:07pm Aug 19, 2010 3:07pm
Quoting redsword11
bought aud
Very tempting. Double bottom on the 15min chart, found support at 8907.

More likely to go south. I rather wait for a short. IMHO. Nothing fancy form me though, but just wanna stay out of the way of a potential stampede. Anyways, won't be surprise if the market will test 8870 again.

Election just round the corner and all that noise about hung parliament. What are your thoughts?

http://i33.tinypic.com/nzgj9x.jpg
May the pip flow with you
  • #7,922
  • Aug 19, 2010 3:21pm Aug 19, 2010 3:21pm
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My thoughts
  • #7,923
  • Aug 19, 2010 3:32pm Aug 19, 2010 3:32pm
Quoting redsword11
Attachment


My thoughts
Good point. However, I think in the very near term, fundamental play comes into mind Dollar & Yen will strengthen. No charts for that sadly .

But nonetheless, it would be a good buy for pullback. but just a bit too risky for a green horn like me. Gonna stay on the sidelines and wait for a short after you TP . May be we can ride it south together.
May the pip flow with you
  • #7,924
  • Aug 19, 2010 3:34pm Aug 19, 2010 3:34pm
south it is higher


see you there
  • #7,925
  • Aug 19, 2010 3:41pm Aug 19, 2010 3:41pm
Quoting redsword11
south it is higher


see you there
will be there to welcome you my friend. 8950'ish first test.
May the pip flow with you
  • #7,926
  • Aug 19, 2010 4:43pm Aug 19, 2010 4:43pm
hi people

I am looking for some people to do a website project to help people trade. By help I mean group trade calls and mentoring. This is not a commercial project so there is no profit, I just have a sponsor for the design, hosting and running cost so no profit but pure education in forex.

So if you have successful trading knowledge and willing to help out please contact me.

Again, this is not a commercial thing so do not ask for money or payments from the users of the project because this is free all the way round.

Adrian
  • #7,927
  • Aug 19, 2010 4:46pm Aug 19, 2010 4:46pm
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awaiting long
  • #7,928
  • Aug 19, 2010 5:03pm Aug 19, 2010 5:03pm
bought cable for scalp
  • #7,929
  • Aug 19, 2010 5:08pm Aug 19, 2010 5:08pm
Quoting adrianebn
hi people

I am looking for some people to do a website project to help people trade. By help I mean group trade calls and mentoring. This is not a commercial project so there is no profit, I just have a sponsor for the design, hosting and running cost so no profit but pure education in forex.

So if you have successful trading knowledge and willing to help out please contact me.

Again, this is not a commercial thing so do not ask for money or payments from the users of the project because this is free all the way round.

Adrian


to help someone else without the desire for reward


very noble and wish you success
  • #7,930
  • Aug 19, 2010 5:28pm Aug 19, 2010 5:28pm
Orange target area would be good for a few with a quick move SL to BE +, but be aware of DS1 in the way. Also, will depend on what time-zone picks it up (Asia, London or NY) and if it is on open.
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  • #7,931
  • Aug 19, 2010 5:32pm Aug 19, 2010 5:32pm
If UCHF PA can move south be aware of LT-LTL
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  • #7,932
  • Aug 19, 2010 7:54pm Aug 19, 2010 7:54pm
Quoting redsword11
Attachment




in long

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bring it north uj
  • #7,933
  • Aug 19, 2010 7:55pm Aug 19, 2010 7:55pm
its mine
  • #7,934
  • Aug 19, 2010 8:25pm Aug 19, 2010 8:25pm
Took a small long on cable. Nice candlestick formation
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Annoying Precision
  • #7,935
  • Aug 19, 2010 8:28pm Aug 19, 2010 8:28pm
G/J

long off the bounce. moved stop to BE then under fib to lock in some profit.
not sure where to exit.

Marc is 200MA a bit R on 15 m chart?
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  • #7,936
  • Aug 19, 2010 8:34pm Aug 19, 2010 8:34pm
  •  Oz4x
  • | Joined Oct 2009 | Status: "Everybody Wants Some!" - Roth | 76 Posts
Morning (here)

A/U - Typical, after two long nights you decide to have an early night and this happens!!

The channel held, only just (OK it wobbled a little ) took some out for BE+. Added again at WPP and rebreak of channel.

Wake up to see this.

Now comes the interesting part...again... low 8900's and the 8850-60 zone (if it even gets there). AUD got smashed out of this zone for 200+ pips Monday last. I for one will be watching.

- Oz
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  • #7,937
  • Aug 19, 2010 8:49pm Aug 19, 2010 8:49pm
Quoting redsword11
Attachment

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  • #7,938
  • Aug 19, 2010 8:59pm Aug 19, 2010 8:59pm
  •  Oz4x
  • | Joined Oct 2009 | Status: "Everybody Wants Some!" - Roth | 76 Posts
Quoting redsword11
Attachment


4 times in a month, you'd be silly not to take notice..

Probablility time, will it bounce again, or can it make a break and head towards a possible H4 H&S?

.. back to the charts..
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  • #7,939
  • Aug 19, 2010 9:01pm Aug 19, 2010 9:01pm
Quoting Oz4x


4 times in a month, you'd be silly not to take notice..

Probablility time, will it bounce again, or can it make a break and head towards a possible H4 H&S?

.. back to the charts..

noted
  • #7,940
  • Aug 19, 2010 9:10pm Aug 19, 2010 9:10pm
Gonna hang it up until frankfurt, doubt the market's going to move that much.
Annoying Precision
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