DislikedI believe it's good time to wait ...
My GU short ended up closing at break even, with 1/3 position closed with 45 pips profit ... I'll not re-enter till it's out of triangle.
Regards,
BasberIgnored
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- #15,744
- Dec 9, 2010 8:30pm Dec 9, 2010 8:30pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
As attached
- #15,746
- Edited 11:12pm Dec 9, 2010 10:37pm | Edited 11:12pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #15,748
- Dec 10, 2010 1:18am Dec 10, 2010 1:18am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
hello, well if I'm not mistaken it is easily visible bearish channel
- #15,749
- Dec 10, 2010 1:56am Dec 10, 2010 1:56am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #15,751
- Dec 10, 2010 3:21am Dec 10, 2010 3:21am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #15,752
- Dec 10, 2010 3:30am Dec 10, 2010 3:30am
- | Joined Jan 2010 | Status: Trader | 1,354 Posts
"Being picky only cost your time - not MONEY"...Hans
- #15,753
- Edited 4:02am Dec 10, 2010 3:41am | Edited 4:02am
Hi:
i'm short on EU and EJ.
we'll see...
regards.
but my tp is a little diff.
EJ is 110.108 and (109.500 partially will run)
EU is 1.32100 and (1.31300partially will run)
let it run...
EDIT:
EU FB just retraced to 61.8
- #15,754
- Dec 10, 2010 4:09am Dec 10, 2010 4:09am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #15,755
- Edited 4:53am Dec 10, 2010 4:33am | Edited 4:53am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
GU:
In just about 3 minutes the PPMs whipped the price up over 30 pips, with very high relative trading volume over the top and starting down again. This is one of those price manipulations the PPMs delight in. Stops were hit, trades were liquidated, market liquidity increased, and the PPMs got their short orders filled up there!
This was the move I was waiting for, but then began to think it was not coming since everything was so sluggish in the market. The PPMs made a "surprise attack!"
Anyway, this sort of PA shenanegans is a sure sign the big boys are closing longs and building short positions. So maybe next week we will start to get some good bear moves. That M15 candle at the top sure tells the story......"one candle is worth a thousand words."
Edit: Added 2nd chart. Was able to take advantage of the PPM's pump. Added to short at 1.5837. Average is 1.5807 which I believe will be profitable next week.
In just about 3 minutes the PPMs whipped the price up over 30 pips, with very high relative trading volume over the top and starting down again. This is one of those price manipulations the PPMs delight in. Stops were hit, trades were liquidated, market liquidity increased, and the PPMs got their short orders filled up there!
This was the move I was waiting for, but then began to think it was not coming since everything was so sluggish in the market. The PPMs made a "surprise attack!"
Anyway, this sort of PA shenanegans is a sure sign the big boys are closing longs and building short positions. So maybe next week we will start to get some good bear moves. That M15 candle at the top sure tells the story......"one candle is worth a thousand words."
Edit: Added 2nd chart. Was able to take advantage of the PPM's pump. Added to short at 1.5837. Average is 1.5807 which I believe will be profitable next week.
- #15,756
- Dec 10, 2010 4:59am Dec 10, 2010 4:59am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #15,757
- Dec 10, 2010 5:02am Dec 10, 2010 5:02am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
I am short on EURJPY also, and I just noticed a big marobozu "black" candle which means aggressive selling. It confirms that more movement to the south coming. Lets see how the market decides.
