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  • #349,921
  • Dec 21, 2010 1:55pm Dec 21, 2010 1:55pm
Quoting T@rantula
Exactly. I would add...the Price action is about buying support and selling resistance.

Well it depends who is reading the priceaction itself ofcourse

T
True, reading PA is much harder than you think.
  • #349,922
  • Dec 21, 2010 1:57pm Dec 21, 2010 1:57pm
Hi Gents -- what do you think about a short right now ????
If you now the Way out -- please tell me
  • #349,923
  • Dec 21, 2010 1:59pm Dec 21, 2010 1:59pm
Quoting gatorinla
this is just the gate opening. 1869 16xx seems likely. chart says it all.
  • #349,924
  • Dec 21, 2010 1:59pm Dec 21, 2010 1:59pm
Quoting One.Trade
Hi Gents -- what do you think about a short right now ????
i think it's not a bad idea.
  • #349,925
  • Dec 21, 2010 2:03pm Dec 21, 2010 2:03pm
Quoting PipChick
Even though we see signs of a 300 pip long or a 200 pip short we need to be so careful to preserve the accounts during this time of year. There is no room for certainty, I think its a play by play , moment by moment type of market. For instance....big spike up this morning to the h1 neckline. Now it appears the 1 hour head and shoulders pattern is in play EXCEPT....we also have some things telling us there could be a decent up move coming... who knows?

I was really 70 % sure that i will hit the targeted price 3090. Big spike was in late Asia. London tanked it immediately. Profit taking then respect of technicals
  • #349,926
  • Dec 21, 2010 2:06pm Dec 21, 2010 2:06pm
Quoting T@rantula
I was really 70 % sure that i will hit the targeted price 3090. Big spike was in late Asia. London tanked it immediately. Profit taking then respect of technicals
But I thought we had to be 100% sure?
  • #349,927
  • Dec 21, 2010 2:07pm Dec 21, 2010 2:07pm
Quoting T@rantula
I was really 70 % sure that i will hit the targeted price 3090. Big spike was in late Asia. London tanked it immediately. Profit taking then respect of technicals
And you got your price Nice job
  • #349,928
  • Dec 21, 2010 2:07pm Dec 21, 2010 2:07pm
Quoting rashygomez
i think it's not a bad idea.
i think the opposite... closest target is 3060 and 3031 but the risk is floated to 3135-3170.... so i think it wasnt good idea...
Verily, in every difficulties there is relief
  • #349,929
  • Dec 21, 2010 2:09pm Dec 21, 2010 2:09pm
Quoting rashygomez
But I thought we had to be 100% sure?
I am never 100% sure. Im pretty cool with 60 40 and 70 30
  • #349,930
  • Dec 21, 2010 2:09pm Dec 21, 2010 2:09pm
Quoting PipChick
And you got your price Nice job
Thanks.
  • #349,931
  • Dec 21, 2010 2:09pm Dec 21, 2010 2:09pm
Quoting primzvicious
i think the opposite... closest target is 3060 and 3031 but the risk is floated to 3135-3170.... so i think it wasnt good idea...
ok, but it depends how many pips one wants to short.
  • #349,932
  • Dec 21, 2010 2:10pm Dec 21, 2010 2:10pm
Quoting PipChick
What are you thinking for the current time. Right now?
if they downgrade lower. if not gartly min 3135.
predictive one agrees with 3109.8 min it says 3105.5 slip covers the other pips.

here is #2.. it agrees with gartly. respect it or not 3189 is a bad muther.. and will be strong as time goes on. it took china's bs to crack it. and it didn't go far after.
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those who can, do. those who cant, talk about those who can
  • #349,933
  • Dec 21, 2010 2:10pm Dec 21, 2010 2:10pm
Quoting T@rantula
I am never 100% sure. Im pretty cool with 60 40 and 70 30
oh right, no wonder some people hardly ever trade, lol!
  • #349,934
  • Dec 21, 2010 2:12pm Dec 21, 2010 2:12pm
Quoting rashygomez
oh right, no wonder some people hardly ever trade, lol!
When we enter a trade without any proper analysis we are gambling. The chances u will win is 50 50.

By doing technical analysis the way it should be done odds are getting stacked in our favour.

70 30 I prefer
  • #349,935
  • Dec 21, 2010 2:13pm Dec 21, 2010 2:13pm
Quoting primzvicious
i think the opposite... closest target is 3060 and 3031 but the risk is floated to 3135-3170.... so i think it wasnt good idea...
You are right, i closesd this bad deal with 6 Pis minus
Schi. the last tree deal are losers...
If you now the Way out -- please tell me
  • #349,936
  • Dec 21, 2010 2:14pm Dec 21, 2010 2:14pm
Quoting rashygomez
ok, but it depends how many pips one wants to short.
ok i just share my view
so that i closed my short earlier @3075 even im previously targeting @3031
Verily, in every difficulties there is relief
  • #349,937
  • Dec 21, 2010 2:14pm Dec 21, 2010 2:14pm
Quoting gatorinla
if they downgrade lower. if not gartly min 3135.
predictive one agrees with 3109.8 min it says 3105.5 slip covers the other pips.

here is #2.. it agrees with gartly. respect it or not 3189 is a bad muther.. and will be strong as time goes on. it took china's bs to crack it. and it didn't go far after.
h4 candle close answered it all. I posted 9 hours ago. thats all about that chinese bs.

Ps. edit: not 9...12 hours ago.
  • #349,938
  • Dec 21, 2010 2:24pm Dec 21, 2010 2:24pm
Quoting T@rantula
h4 candle close answered it all. I posted 9 hours ago. thats all about that chinese bs.

Ps. edit: not 9...12 hours ago.
sorry. i don't always read all of it. i need to enlarge my list to keep some of the bs down.
those who can, do. those who cant, talk about those who can
  • #349,939
  • Dec 21, 2010 2:24pm Dec 21, 2010 2:24pm
Quoting T@rantula
I am never 100% sure. Im pretty cool with 60 40 and 70 30
Oh same here T. About the time I say 100% sure or even 90%, I get my butt handed to me on a platter.
  • #349,940
  • Dec 21, 2010 2:25pm Dec 21, 2010 2:25pm
Quoting gatorinla
if they downgrade lower. if not gartly min 3135.
predictive one agrees with 3109.8 min it says 3105.5 slip covers the other pips.

here is #2.. it agrees with gartly. respect it or not 3189 is a bad muther.. and will be strong as time goes on. it took china's bs to crack it. and it didn't go far after.
TY and yes, that 3189 is a real _______(fill in the blank) lol
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