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  • #313,281
  • Oct 25, 2010 10:10am Oct 25, 2010 10:10am
Quoting pipper
I'll wait till 65

Hope U Could Have Caught it !

  • #313,282
  • Oct 25, 2010 10:13am Oct 25, 2010 10:13am
brother your short move is finishing if not it has not already finished ... ok i will give you 10-20 pips but that what i call noise.

On 1 hour chart move is now touching 61% Fib retracement.

We are going up in the next few hours.

I play slightly long term (although i do scalp aswel).



Quoting goods
WHat is saying the move tired out?

Look at the big blue area where price likes to be!!!

Look at the trenlines,

The Market type is a trending market right now. It is not a ranging and it is not consolidating in the current market context.

Do what price is telling you to do now. Look ahead dont (price action - the now) look back. Use your money management to help you.
  • #313,283
  • Oct 25, 2010 10:13am Oct 25, 2010 10:13am
Quoting goods
Do what price is telling you to do now. Look ahead dont (price action - the now) look back. Use your money management to help you.
I am also short and another reason why are the COT reports (http://www.timingcharts.com/)
large traders have been selling since a while here.
  • #313,284
  • Oct 25, 2010 10:14am Oct 25, 2010 10:14am
Holding on to my short for another hour bar close to see if it can make it past the pivot point resistance.
  • #313,285
  • Oct 25, 2010 10:14am Oct 25, 2010 10:14am
Quoting DrLobo
going Long ! looks like short move has tired out.

tP: 4050

What About 4070 !?

  • #313,286
  • Oct 25, 2010 10:16am Oct 25, 2010 10:16am
Quoting DrLobo
brother your short move is finishing if not it has not already finished ... ok i will give you 10-20 pips but that what i call noise.

On 1 hour chart move is now touching 61% Fib retracement.

We are going up in the next few hours.

I play slightly long term (although i do scalp aswel).
This is why I have profit locked in brotha I will be happy risking my 20 pips to close out 50 pips green
Know when to hold em, Know when to fold em!
  • #313,287
  • Oct 25, 2010 10:17am Oct 25, 2010 10:17am
Quoting pipper
We'll see how this long pans out
You need to be looking to get long at 1.3940 area....not here....
  • #313,288
  • Oct 25, 2010 10:17am Oct 25, 2010 10:17am
3940 area and rising tl, looking for vol to confirm...
  • #313,289
  • Oct 25, 2010 10:18am Oct 25, 2010 10:18am
Quoting wormboy
lower

hi wormie, nice to see u .. haha

where u aiming for . ha
  • #313,290
  • Oct 25, 2010 10:18am Oct 25, 2010 10:18am
nice long opportunity.
Attached Image (click to enlarge)
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  • #313,291
  • Oct 25, 2010 10:19am Oct 25, 2010 10:19am
I caught it alright and the market gave you another chance

Quoting Merry
Hope U Could Have Caught it !

Disclaimer: Check your 1m charts
  • #313,292
  • Oct 25, 2010 10:20am Oct 25, 2010 10:20am
Quoting chattyducky
Holding on to my short for another hour bar close to see if it can make it past the pivot point resistance.
im sort at .3990 looking for it to hit .39
Rise and rise again until the Lambs become LIONS!!!
  • #313,293
  • Oct 25, 2010 10:21am Oct 25, 2010 10:21am
hmmm bullish divergence now forming on the 5 min. If that materialises that will see PA back up to 1400 by end of the hour.

it could be a good time to start considering closing your shorts ?



Quoting goods
This is why I have profit locked in brotha I will be happy risking my 20 pips to close out 50 pips green
  • #313,294
  • Oct 25, 2010 10:23am Oct 25, 2010 10:23am


Quoting Mr Hatch
nice long opportunity.
Disclaimer: Check your 1m charts
  • #313,295
  • Oct 25, 2010 10:23am Oct 25, 2010 10:23am
bullish engulfing pattern on 15M ... exiting my short from 1.40365
  • #313,296
  • Oct 25, 2010 10:23am Oct 25, 2010 10:23am
Gold may bounce & usdx pullback with possible eu up but ranging may not over yet . waiting
fontu
Attached Image (click to enlarge)
Click to Enlarge Name: dx1.gif Size: 7 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #313,297
  • Oct 25, 2010 10:23am Oct 25, 2010 10:23am
Quoting pipper
I caught it alright and the market gave you another chance

Perhaps for 100 pips !



  • #313,298
  • Oct 25, 2010 10:25am Oct 25, 2010 10:25am
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  • #313,299
  • Oct 25, 2010 10:25am Oct 25, 2010 10:25am
Quoting DrLobo
hmmm bullish divergence now forming on the 5 min. If that materialises that will see PA back up to 1400 by end of the hour.

it could be a good time to start considering closing your shorts ?
short term yes might goback to 1.4000 but it has been rejected too many times on daily
  • #313,300
  • Oct 25, 2010 10:25am Oct 25, 2010 10:25am
trend is not always ur friend especially if its an old 60 pip move in one direction. Time to make some new friends.
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