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  • #347,301
  • Dec 16, 2010 10:48am Dec 16, 2010 10:48am
Quoting goods
Waited patiently for the 318x level... I am a buyer ...

Target 3300 by eod close today
Resistance on the roll....

Wouldn't be setting too high of targets until we safely close above the daily roll over...
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #347,302
  • Dec 16, 2010 10:48am Dec 16, 2010 10:48am
Quoting aiyoyo
Err I saw you say you want to enter at 318x, and price touch 318x twice already at the time I saw your reply so just wonder you manage to enter.

Great you are buyer there, boost my confidence a bit LOL.

ah got you, I actually have 2 trades, I bought higher this morning at around 3240 small lot during all this bullishness congestion and I bought at 3190 actually to average down.

Proper MM stop loss set in place should it be needed.
Know when to hold em, Know when to fold em!
  • #347,303
  • Dec 16, 2010 10:49am Dec 16, 2010 10:49am
just be careful in the short-term. we had a huge volume downbar with a low volume retest of the level.
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  • #347,304
  • Dec 16, 2010 10:50am Dec 16, 2010 10:50am
Quoting Mr Hatch
just be careful in the short-term. we had a huge volume downbar with a low volume retest of the level.
good observation. I wish I had an ECN account to checkout trading levels.
Soon I will and I will put screenshots! ;-)
  • #347,305
  • Dec 16, 2010 10:50am Dec 16, 2010 10:50am
Quoting gatorinla
R/r good at 3215 ish.. 3162 opens a door to 2850.. for a handful of pips.
Your analysis links up with mine Gator. If 3215 keeps holding i am happy holding my short position. GL.
Trade the price action, not the cash!!!
  • #347,306
  • Dec 16, 2010 10:51am Dec 16, 2010 10:51am
Quoting Magix
Resistance on the roll....

Wouldn't be setting too high of targets until we safely close above the daily roll over...

This is why I have a sl in place.. I am cautious of this.

Anyway if it doesn't work out as planned no big deal. I will take the rest of the week off from trading

It is also bouncing off 62% extension as well.
Know when to hold em, Know when to fold em!
  • #347,307
  • Dec 16, 2010 10:53am Dec 16, 2010 10:53am
Greece downgraded from junk credit rating and will be downgraded further possible . lol how low can you get ?
barcelona may get cut.
making green pips large and red pips small this is my goal.
  • #347,308
  • Dec 16, 2010 10:53am Dec 16, 2010 10:53am
Quoting Fudomyo
flirt. lol

ok, I'll do it then.
LOL guys ur gona mislead some new people around here hahah taking his advice...


Screwed by the vooodoo
  • #347,309
  • Dec 16, 2010 10:54am Dec 16, 2010 10:54am
Quoting Scullmeister
Your analysis links up with mine Gator. If 3215 keeps holding i am happy holding my short position. GL.
Same here
  • #347,310
  • Dec 16, 2010 10:55am Dec 16, 2010 10:55am
Quoting Mr Hatch
just be careful in the short-term. we had a huge volume downbar with a low volume retest of the level.
the risk is a handful.. the reward is a boat load with the trend.
those who can, do. those who cant, talk about those who can
  • #347,311
  • Dec 16, 2010 10:57am Dec 16, 2010 10:57am
Quoting goods
ah got you, I actually have 2 trades, I bought higher this morning at around 3240 small lot during all this bullishness congestion and I bought at 3190 actually to average down.

Proper MM stop loss set in place should it be needed.

got a 3240 long earlier on but seeing the price stay at high for long time without breakout and news time approaching so i got out.
Good day, I'm okay. Bad day, I'm okay. What's the difference?
  • #347,312
  • Dec 16, 2010 10:57am Dec 16, 2010 10:57am
Quoting paul1
Greece downgraded from junk credit rating and will be downgraded further possible . lol how low can you get ?
barcelona may get cut.
Barcelona here ready to short like there was no tomorrow.
  • #347,313
  • Dec 16, 2010 10:58am Dec 16, 2010 10:58am
Quoting gatorinla
the risk is a handful.. the reward is a boat load with the trend.
you have bigger hands than i have.

they're trying harder than i thought they would.
  • #347,314
  • Dec 16, 2010 10:58am Dec 16, 2010 10:58am
My setup Idea. on Daily Chart
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Know when to hold em, Know when to fold em!
  • #347,315
  • Dec 16, 2010 11:01am Dec 16, 2010 11:01am
Quoting aiyoyo
got a 3240 long earlier on but seeing the price stay at high for long time without breakout and news time approaching so i got out.

Well I am going with what I see and what my Gut tells me. I am a buyer of dips
Know when to hold em, Know when to fold em!
  • #347,316
  • Dec 16, 2010 11:02am Dec 16, 2010 11:02am
Quoting goods
My setup Idea. on Daily Chart
good luck
  • #347,317
  • Dec 16, 2010 11:03am Dec 16, 2010 11:03am
Quoting Mr Hatch
good luck

Thanks Hatch,

Things are a bit parabolic in the past couple hours, it might work it might not. This is why Money management is so important.
Know when to hold em, Know when to fold em!
  • #347,318
  • Dec 16, 2010 11:05am Dec 16, 2010 11:05am
If 1.3215 resists, I will enter short
  • #347,319
  • Dec 16, 2010 11:05am Dec 16, 2010 11:05am
Quoting goods
Well I am going with what I see and what my Gut tells me. I am a buyer of dips
What's your stop loss on this? Do you base it on No. of pips or TA?
  • #347,320
  • Dec 16, 2010 11:06am Dec 16, 2010 11:06am
hmm...need some good news to push the price through the barrier at 3210 area.

Come on Trichet say something nice after the meeting!!
Good day, I'm okay. Bad day, I'm okay. What's the difference?
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