i m in short at 2947 with target 2915 and sl 20 pips..
- #361,942
- Jan 10, 2011 10:52am Jan 10, 2011 10:52am
- | Joined Jan 2011 | Status: Trader | 2,078 Posts
i know we are still in the yellow one, but i like the illusion of a downtrend, so i chose the blue range.
- #361,943
- Jan 10, 2011 10:54am Jan 10, 2011 10:54am
- Joined Aug 2008 | Status: Fear makes us see who we really are | 4,822 Posts
Well well, 10-year government bond spreads, especially of Portugal and Greece have narrowed some.
US stocks are recovering, European not much.
Thought it would be good to short later but not so confident anymore
Looking to buy dips next.
US stocks are recovering, European not much.
Thought it would be good to short later but not so confident anymore
Looking to buy dips next.
They think they are smarter than I am.
- #361,944
- Jan 10, 2011 11:01am Jan 10, 2011 11:01am
- Joined Mar 2010 | Status: Technical Fundamentalist | 11,563 Posts
Pending conversations? PM for a chat...I am mainly in OTM now
- #361,946
- Jan 10, 2011 11:07am Jan 10, 2011 11:07am
- | Membership Revoked | Joined Jun 2010 | 1,279 Posts
- #361,948
- Jan 10, 2011 11:19am Jan 10, 2011 11:19am
- | Joined Jun 2008 | Status: Divergence Seeker | 1,749 Posts
- #361,950
- Jan 10, 2011 11:20am Jan 10, 2011 11:20am
- Joined Jul 2010 | Status: Trader | 1,778 Posts
making green pips large and red pips small this is my goal.
- #361,956
- Jan 10, 2011 11:40am Jan 10, 2011 11:40am
- | Membership Revoked | Joined Mar 2009 | 16,693 Posts
- #361,958
- Jan 10, 2011 11:41am Jan 10, 2011 11:41am
- Joined Jan 2010 | Status: Trader | 2,841 Posts
so it looks like last week the big boys were pissed at the mockery the rest of us made with the markets during xmas and decided to kill all the longs to show who is boss around here... it was just before xmas bears penetrated the strong 32 level....
on another note - its good to see this retrace so i can get ready with a short... expecting 38.2% @ 3080 hopefully in the next day or two or even higher to short... GL
back to learning Elliott wave
on another note - its good to see this retrace so i can get ready with a short... expecting 38.2% @ 3080 hopefully in the next day or two or even higher to short... GL
back to learning Elliott wave
- #361,959
- Jan 10, 2011 11:44am Jan 10, 2011 11:44am
- | Joined Dec 2010 | Status: Trader | 2,426 Posts
I'm not trading this.....see post above. But, looks like we're setting up to test the session lows at 84 and 73. 2964 will be important today, if we make it there. Strong rejection there, and you can expect bears are reloading......