Sunsi , maybe yes and i think market will go down to around 1.39
- #305,483
- Oct 13, 2010 12:20am Oct 13, 2010 12:20am
- | Joined Oct 2009 | Status: Full Time Trader | 287 Posts
That would be a bullish sign.
So far the trendline is respected. And price is making lower highes, expect the spike up on London open.
Trade the price action, not the cash!!!
- #305,484
- Oct 13, 2010 12:21am Oct 13, 2010 12:21am
- Joined Aug 2009 | Status: Ride the Pig | 31,271 Posts
Look Sharp/Trade Tight
- #305,485
- Oct 13, 2010 12:23am Oct 13, 2010 12:23am
- Joined Jul 2010 | Status: Trader | 1,778 Posts
I am in London and we are already open.
Went long and currently back at entry
Anticipating a low above 1.3945 for continued up move
making green pips large and red pips small this is my goal.
- #305,487
- Oct 13, 2010 12:24am Oct 13, 2010 12:24am
London open candle rejected at 14.6 rev fib extension with hidden selling volume. Wonder if China is still defending 1.4 area 
Confluence with R1 as well. Not unusual for the PA to dick around at open, so we wait for confirmation....
Short will find 3926 quickly. Long will have hurdles to jump, but could move to 4052 before a potential reversal - new territory so may not get there without some momentum.
Confluence with R1 as well. Not unusual for the PA to dick around at open, so we wait for confirmation....
Short will find 3926 quickly. Long will have hurdles to jump, but could move to 4052 before a potential reversal - new territory so may not get there without some momentum.
- #305,488
- Oct 13, 2010 12:25am Oct 13, 2010 12:25am
Then again you start trading under 3945 and the short term strength will come into question.
Went short at the at the touch of trend line 1.3971.
Target 1: 1.3954 ( Just hit )
SL@ BE.
Targeting 1.3920 area. Was pretty sure of a move down when touching TL, so whit SL@ BE, I have nothing to lose anyway
Dollar index also showes that dollar are likely to find some support now. who allready have given me 24pips.
Not in love with my trade, but it`s a freeroll
- #305,490
- Oct 13, 2010 12:27am Oct 13, 2010 12:27am
- | Joined Oct 2009 | Status: Full Time Trader | 287 Posts
You beat me to it Iam in manchester and been open 22 minutes lol
Went long and currently back at entry
Anticipating a low above 1.3945 for continued up move
Trade the price action, not the cash!!!
- #305,492
- Oct 13, 2010 12:34am Oct 13, 2010 12:34am
- Joined Apr 2009 | Status: Live and learn. | 25,264 Posts
"If The Fool persists in his Folly he will become wise." - William Blake
- #305,495
- Oct 13, 2010 12:36am Oct 13, 2010 12:36am
- Joined Jul 2010 | Status: Trader | 1,778 Posts
I live in Leeds (don't tell me your a Man U fan - lol!). In London at the moment doing some stuff. Happy trading mate.
worked on housing sites in leeds.
What a place that is too get too in a morning .
making green pips large and red pips small this is my goal.
- #305,496
- Oct 13, 2010 12:37am Oct 13, 2010 12:37am
- | Membership Revoked | Joined Oct 2010 | 2,745 Posts
candle/price keep testing 3980..hmmm 
- #305,498
- Oct 13, 2010 12:38am Oct 13, 2010 12:38am
- Joined Jul 2010 | Status: Trader | 1,778 Posts
making green pips large and red pips small this is my goal.
- #305,500
- Oct 13, 2010 12:41am Oct 13, 2010 12:41am
- Joined Oct 2008 | Status: sideline is a position | 105,202 Posts
those who can, do. those who cant, talk about those who can