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Price is everything

  • #4,201
  • Nov 17, 2010 3:05am Nov 17, 2010 3:05am
Quoting kassec
Looking for short signal. Pair bias is south and there is lots of resistance above to make it turn between .77 and .7750. It may well choose to give up on north side right now : entering supply zones, round number (.7700), printed a failed pinbar and printing another one on M15.

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  • #4,202
  • Nov 17, 2010 3:06am Nov 17, 2010 3:06am
Quoting redsword11
Attachment




closed lower position, other @ BE
The hell of a trade, we suffered on this one
Don't just be a sheep : make your own idea of it.
  • #4,203
  • Nov 17, 2010 3:09am Nov 17, 2010 3:09am
Quoting kassec
The hell of a trade, we suffered on this one


what a song and dance it made - did you get it too?
  • #4,204
  • Nov 17, 2010 3:10am Nov 17, 2010 3:10am
Quoting redsword11
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Although this trade is not a guaranteed winner, it seems to me there more resistance north than support to the south ...

I'm short @0.7690. Let's see ...
Don't just be a sheep : make your own idea of it.
  • #4,205
  • Nov 17, 2010 3:11am Nov 17, 2010 3:11am
Quoting redsword11
what a song and dance it made - did you get it too?
I was short @1.0230. Closed everything @ 1.0222
Don't just be a sheep : make your own idea of it.
  • #4,206
  • Nov 17, 2010 3:19am Nov 17, 2010 3:19am
Quoting kassec
Although this trade is not a guaranteed winner, it seems to me there more resistance north than support to the south ...

I'm short @0.7690. Let's see ...
Round number above and very well formed big pinbar. Now @BE, will keep it until it breaks south or until it comes back to be.
Don't just be a sheep : make your own idea of it.
  • #4,207
  • Nov 17, 2010 3:33am Nov 17, 2010 3:33am
Quoting kassec
Looking for short signal. Pair bias is south and there is lots of resistance above to make it turn between .77 and .7750. It may well choose to give up on north side right now : entering supply zones, round number (.7700), printed a failed pinbar and printing another one on M15.
Same opportunity on EUR/GBP, check your charts.
Don't just be a sheep : make your own idea of it.
  • #4,208
  • Nov 17, 2010 3:44am Nov 17, 2010 3:44am
Quoting kassec
Same opportunity on EUR/GBP, check your charts.
If this one fails, .8550 area should be a strong reversal area. Will short again around there.
Don't just be a sheep : make your own idea of it.
  • #4,209
  • Nov 17, 2010 3:48am Nov 17, 2010 3:48am
Quoting honeybhi
Previous S/R zone and also 50% fib of the last down move.

Entered short with 40 pip stop.
Out with +40 on both gj and gu.

Done for the day.
  • #4,210
  • Nov 17, 2010 4:02am Nov 17, 2010 4:02am
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  • #4,211
  • Nov 17, 2010 4:21am Nov 17, 2010 4:21am
Looking for possible H&S on M15.
Don't just be a sheep : make your own idea of it.
  • #4,212
  • Nov 17, 2010 4:32am Nov 17, 2010 4:32am
Quoting kassec
Although this trade is not a guaranteed winner, it seems to me there more resistance north than support to the south ...

I'm short @0.7690. Let's see ...
Closed @+23.
Don't just be a sheep : make your own idea of it.
  • #4,213
  • Nov 17, 2010 4:49am Nov 17, 2010 4:49am
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  • #4,214
  • Nov 17, 2010 4:53am Nov 17, 2010 4:53am
Waiting for an entry..

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  • #4,215
  • Nov 17, 2010 4:55am Nov 17, 2010 4:55am
EU 4H chart. Yesterday large red bar through the coloured wedgwas rejected by the blue channel's TL. Price retested thegrey TL of the wedge alone with DP and important FIBO. I took a short trade there.
Waiting for, at least a retest of the blue channel's TL along with LOPS1... AT LEAST!
Good trades to all!!!
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  • #4,216
  • Nov 17, 2010 5:06am Nov 17, 2010 5:06am
GU H4. Price is bouncing around blue ascending channel's TL. ALready been tested 4 times but price doesn't seem to show any strong bull bias. DP reject the price so I went short with it. Tight SL as u can see, I'm feeling confident PA will brake the channel.
We'll see.
G/L mates!!!
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  • #4,217
  • Nov 17, 2010 5:18am Nov 17, 2010 5:18am
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  • #4,218
  • Nov 17, 2010 5:39am Nov 17, 2010 5:39am
Quoting redsword11
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  • #4,219
  • Nov 17, 2010 5:53am Nov 17, 2010 5:53am
Short.
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Don't just be a sheep : make your own idea of it.
  • #4,220
  • Nov 17, 2010 5:58am Nov 17, 2010 5:58am
Went short during news. Let's see where it wants to go.
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Don't just be a sheep : make your own idea of it.
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