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  • #1,381
  • Edited 3:16am Nov 24, 2010 3:01am | Edited 3:16am
Better than expected!

Now let's see, if we can spot a reversal pattern, or if this positive news will be absorbed without any reaction from the bad EUR sentiment ..

edit: Going down is not unusual, cause there was a major support at 3333. Big boys usually tend to hunt stops to get a better price for entry. Eyes on possible reversal patterns now!
Don't get me wrong: My bias is still short. But I'm alerted to be very nimble now.

10:10 - stops below 1.3300 are targetted. Seems my idea is no longer valid. At least a turn around 1.3285 would be needed to support it ...
10:16 - may be this one ????

.
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  • #1,382
  • Edited 3:36am Nov 24, 2010 3:22am | Edited 3:36am
10:20 - the first few steps have followed to the right direction. next level of interest will be 1.3333, cause it was a major support before and we are facing the 38.2% Fib retracement from that move down. M15 chart should support this little reversal with an appropriate pattern too, to keep it valid a little longer ..
10:24 - if we are not able to break that level to the top, this move was just a standard retracement and we are back to short bias then ...
10:31 - GBP figs are out. Mixed I would say. Market has to judge. For now I tend to keep my short bias, cause we have not seen a too strong momentum to the north for now
10:35 - still not reached standard retracement level ..

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  • #1,383
  • Nov 24, 2010 3:59am Nov 24, 2010 3:59am
10:59 - well - for now I would consider it as a standard retracement and nothing more. There are no indications neither on the higher TFs, nor on CABLE, UJ, DAX/DOW or Oil.
My time window is closing soon, due to family lunch. Will be back around NY opening. CU

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  • #1,384
  • Nov 24, 2010 9:50am Nov 24, 2010 9:50am
Having the whole dance floor to myself

Where did u guys go... Out celebrating from the pips u grab earlier during the UK session

Here's my dance score today
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"Thinking Heart & Feeling Brain"
  • #1,385
  • Nov 24, 2010 3:48pm Nov 24, 2010 3:48pm
Quoting Sylar
Having the whole dance floor to myself

Where did u guys go... Out celebrating from the pips u grab earlier during the UK session

Here's my dance score today

Good results - Congrats!
Especially that ride down from the 37xx level ....

Keep on dancing, Philip!
  • #1,386
  • Nov 24, 2010 5:35pm Nov 24, 2010 5:35pm
Thanks Niels

Hope to be able to breakdancing like u in due course

Still got scout sniffing around for me @ 35272
"Thinking Heart & Feeling Brain"
  • #1,387
  • Nov 24, 2010 9:03pm Nov 24, 2010 9:03pm
Philip,

lastnight the lady didn't move much but yet you still make.
Congrats to u...
  • #1,388
  • Nov 25, 2010 12:19am Nov 25, 2010 12:19am
Quoting Sylar
Having the whole dance floor to myself

Where did u guys go... Out celebrating from the pips u grab earlier during the UK session

Here's my dance score today
show me the money!!!
Success consists of going from failure to failure without loss of enthusiam
  • #1,389
  • Nov 25, 2010 12:22am Nov 25, 2010 12:22am
good day to all!!!

didn't manage to trade yesterday... due to unforseen events... too much destruction... cannot dance...

... it looks like a price is facing a strong support at 4h... and 1h....

considerig a long scout...

3kings in good mood...
Success consists of going from failure to failure without loss of enthusiam
  • #1,390
  • Nov 25, 2010 12:47am Nov 25, 2010 12:47am
terrain is quite dark and cloudy... no clear direction yet...

seems like going long soon... but for now...

will wait for more confirmation...
Success consists of going from failure to failure without loss of enthusiam
  • #1,391
  • Edited 1:19am Nov 25, 2010 12:57am | Edited 1:19am
sx1x3315 scout

.... let's dance...

sx2x3329...
Success consists of going from failure to failure without loss of enthusiam
  • #1,392
  • Nov 25, 2010 1:20am Nov 25, 2010 1:20am
Quoting dongsky
sx1x3315 scout

.... let's dance...

Morning Eddy!

Range-Trading MO for now, right?
  • #1,393
  • Nov 25, 2010 1:40am Nov 25, 2010 1:40am
Quoting MaMood
Morning Eddy!

Range-Trading MO for now, right?

Hi Niels,
yees you're very right... but just to satisfy my trigger happy fingers now i'm just dancing... my way out...

regards...
Success consists of going from failure to failure without loss of enthusiam
  • #1,394
  • Nov 25, 2010 1:43am Nov 25, 2010 1:43am
Quoting MaMood
Morning Eddy!

Range-Trading MO for now, right?
seems like duck taking exercise by the banks.
  • #1,395
  • Nov 25, 2010 1:46am Nov 25, 2010 1:46am
Quoting justht
seems like duck taking exercise by the banks.
ducks or whatever... just be nimble... its testing previous swing high... let's wait for het to show us her real intent...

it shouldn't be that long now...

... i feel some bulls will gonna be trap soon... they just don't know it yet
Success consists of going from failure to failure without loss of enthusiam
  • #1,396
  • Nov 25, 2010 1:56am Nov 25, 2010 1:56am
Not sure if you have it on your radar:
US markets are closed today, due to Thanksginving.
Means thin markets and possibly bumpy moves ...

Yep - nimbleness and reduced sizes are my mantry for today ;-)
  • #1,397
  • Nov 25, 2010 2:09am Nov 25, 2010 2:09am
hey niels, any clue what's gong on with the market???
Success consists of going from failure to failure without loss of enthusiam
  • #1,398
  • Nov 25, 2010 2:12am Nov 25, 2010 2:12am
Quoting MaMood
Not sure if you have it on your radar:
US markets are closed today, due to Thanksginving.
Means thin markets and possibly bumpy moves ...

Yep - nimbleness and reduced sizes are my mantry for today ;-)
yeah right, it's thanks giving in U.S. ... i'll bring back my troops...

i will have a quick run... and then square
Success consists of going from failure to failure without loss of enthusiam
  • #1,399
  • Nov 25, 2010 2:14am Nov 25, 2010 2:14am
Quoting dongsky
hey niels, any clue what's gong on with the market???

No, not yet.
But have send in a short scout at 3322.
Checking equities, gold and oil, but no idea, what to trade yet.

There could be a chance for upside, cause the asian high was sold by by "some major japanese account via EJ cross" is said in the media. Guessing that these guys will close their books in 45 minutes may offer anew chance for a test of that high.
But that's only chrystal balling...
nothing reliable ....

Fact is, there is no momentum right now in any direction ....
  • #1,400
  • Nov 25, 2010 2:18am Nov 25, 2010 2:18am
Quoting MaMood
No, not yet.
But have send in a short scout at 3322.
Checking equities, gold and oil, but no idea, what to trade yet.

There could be a chance for upside, cause the asian high was sold by by "some major japanese account via EJ cross" is said in the media. Guessing that these guys will close their books in 45 minutes may offer anew chance for a test of that high.
But that's only chrystal balling...
nothing reliable ....

Fact is, there is no momentum right now in any direction ....

... therefore it will most likely gonna be flat...
Success consists of going from failure to failure without loss of enthusiam
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