Wow, this is fun! PA down is continuing with the candle change. I took half off the table just to be safe. But now may add to my position.
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Trade What You See - Almost Naked Trading
- #8,784
- Jan 6, 2011 10:07am Jan 6, 2011 10:07am
Half off with the remainder locked at 35+ 
Watching the M30 for final exit.
Watching the M30 for final exit.
Get ready to take profits..good idea to take half off the table as we approach top of the hour.
Listen to the whispers....
You may learn something
- #8,787
- Jan 6, 2011 10:09am Jan 6, 2011 10:09am
Thanks for the tip on EU guys...easiest pips of the week
Is EUR/GBP good for entry now?Price has stayed low and PA has crossed the support on H1 by some distance.
Here's the 15min chart.
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is RSI in e same direction for now, if u have not place your trade?
if not in same direction, no-go.
- #8,788
- Jan 6, 2011 10:09am Jan 6, 2011 10:09am
oh yeah! so next step is to wait for the next 15M candle to form nicely and red. before i press e trigger.
did i get it right this time?
LG and everyone, please correct me if wrong. Thank you!
- #8,792
- Jan 6, 2011 10:17am Jan 6, 2011 10:17am
is RSI in e same direction for now, if u have not place your trade?
if not in same direction, no-go.
- #8,793
- Jan 6, 2011 10:19am Jan 6, 2011 10:19am
Yup...I'm in the trade and it's grinding down slowly...I realized I don't see any major support on the daily chart for some distance, so hopefully that counts for something
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ya, hope it can fall hard enough. IMO, EURUSD's 1.3 is a big round number to conquer, in order to push EURGBP down
- #8,796
- Jan 6, 2011 10:35am Jan 6, 2011 10:35am
I'm out...
IMHO Don't like PA atm...
yup, see how important being patient is?
wait for e next 15M candle before jumping in.
but e thing is, this impending candle might be a long one. after this long candle has formed and gave a clear signal, it may b too far away from e BO support level.
*headache*
- #8,798
- Jan 6, 2011 10:36am Jan 6, 2011 10:36am
yup, see how important being patient is?
wait for e next 15M candle before jumping in.
but e thing is, this impending candle might be a long one. after this long candle has formed and gave a clear signal, it may b too far away from e BO support level.
*headache*