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Price is everything

  • #2,361
  • Oct 7, 2010 4:06pm Oct 7, 2010 4:06pm
Quoting abbie1
hey red, will u short aud.usd if it reaches 9850 ?


its not an automatic entry - wait for prices to give entry, might whipsaw slightly higher than 9850 then fall


many possibilities here and pre NFP BS - anything can happen, so wait for prices to tell us


@ 9850 wait for a bearish enguilfing pattern you recognise, if no bearish pattern develops, then it goes higher
  • #2,362
  • Oct 7, 2010 5:08pm Oct 7, 2010 5:08pm
Quoting redsword11
its not an automatic entry - wait for prices to give entry, might whipsaw slightly higher than 9850 then fall


many possibilities here and pre NFP BS - anything can happen, so wait for prices to tell us


@ 9850 wait for a bearish enguilfing pattern you recognise, if no bearish pattern develops, then it goes higher

Attached Image (click to enlarge)
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  • #2,363
  • Oct 7, 2010 9:26pm Oct 7, 2010 9:26pm
Quoting redsword11
Attachment




Attached Image (click to enlarge)
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  • #2,364
  • Oct 7, 2010 9:28pm Oct 7, 2010 9:28pm
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  • #2,365
  • Oct 7, 2010 9:42pm Oct 7, 2010 9:42pm
buying cadjpy soon
  • #2,366
  • Oct 7, 2010 9:46pm Oct 7, 2010 9:46pm
also - closed kiwi and aud


awaiting a crazy spike on kiwi to 0.74750 area
  • #2,367
  • Oct 7, 2010 10:19pm Oct 7, 2010 10:19pm
sold cable @ 1.58904
  • #2,368
  • Oct 7, 2010 10:50pm Oct 7, 2010 10:50pm
Quoting redsword11
Attachment

Attached Image (click to enlarge)
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awaiting PA for short
  • #2,369
  • Oct 7, 2010 10:57pm Oct 7, 2010 10:57pm
Quoting redsword11
sold cable @ 1.58904


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  • #2,370
  • Oct 8, 2010 12:20am Oct 8, 2010 12:20am
Quoting redsword11
Attachment




awaiting PA for short

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sold
  • #2,371
  • Oct 8, 2010 12:30am Oct 8, 2010 12:30am
nice one...

sold euro
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  • #2,372
  • Oct 8, 2010 12:35am Oct 8, 2010 12:35am
Quoting redsword11
Attachment


Attached Image (click to enlarge)
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closed lower postion, other @ BE
  • #2,373
  • Oct 8, 2010 12:38am Oct 8, 2010 12:38am
Quoting redsword11
Attachment



sold


Attached Image (click to enlarge)
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partial close @ be
  • #2,374
  • Oct 8, 2010 12:57am Oct 8, 2010 12:57am
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  • #2,375
  • Oct 8, 2010 1:05am Oct 8, 2010 1:05am
Quoting redsword11
Attachment



closed lower postion, other @ BE


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NFP BS
  • #2,376
  • Oct 8, 2010 1:14am Oct 8, 2010 1:14am
Moved stops down... might get choppy with unemployment data tonight market can range pretty well
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  • #2,377
  • Oct 8, 2010 1:16am Oct 8, 2010 1:16am
Closed cable


awaiting long
  • #2,378
  • Oct 8, 2010 1:32am Oct 8, 2010 1:32am
Still short on euro... seems to be some support at this 25 level in the market.

reversal is possible back to the 50 level again... but holding into the trade just in case of a break out to the downside.
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  • #2,379
  • Oct 8, 2010 1:37am Oct 8, 2010 1:37am
No breakout to the downside forthcoming...

Just about break even on the trade
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  • #2,380
  • Oct 8, 2010 1:54am Oct 8, 2010 1:54am
Quoting redsword11
Closed cable


awaiting long

me too - nice little thread
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