My shorts are looking happier now!
- #362,981
- Jan 12, 2011 4:20am Jan 12, 2011 4:20am
- | Membership Revoked | Joined Oct 2010 | 1,186 Posts
- #362,982
- Jan 12, 2011 4:21am Jan 12, 2011 4:21am
- Joined Apr 2009 | Status: Live and learn. | 25,162 Posts
"If The Fool persists in his Folly he will become wise." - William Blake
- #362,986
- Jan 12, 2011 4:24am Jan 12, 2011 4:24am
- Joined Nov 2008 | Status: fx indices commodities | 4,145 Posts
rat
- #362,987
- Jan 12, 2011 4:25am Jan 12, 2011 4:25am
- Joined Nov 2008 | Status: fx indices commodities | 4,145 Posts
rat
??? now uve lost me in ure ridiculousness,...no need to get vulgar i never said " Sh*t " i sid very wrong,...and i apologize i didnt mean to upset the tarantula " FAN CLuB"ill retrack my statement to make u happy
tarantula your the BEST......!! Geppyg LOves U,...!!!
TYPO sorry cloggie to throw u in the mix,...
- #362,989
- Jan 12, 2011 4:26am Jan 12, 2011 4:26am
- Joined Jul 2010 | Status: Trader | 1,778 Posts
Hello buddies wasnt in a rush to trade wanted a bit more of the picture painting first ,
Looks like we are in retrace mode at moment, given that view I have 3 levels
1) 3077 is 38% fib and the previous strong lows and the 50% major fib of the major bull run to 4280 area
2) 3144 which is simply 50% fib of the 600 pip solid leg south. if it gets here will be interesting to see the reaction as lots of traders use 50 fib on daily chart
My interest areas from yesterdays trading are 2930 large volumes of 10--12 million clusters of trades
more importantly 2966 this area had 3 to 4 times the amount of 10--17 million clusters every time we touch this exact number.This also was yesterdays exact open price which also leads me to believe lots of traders trade only at open daily price.
pink line usd/jpy is having a retrace same as us
blue line gbp/usd is also having retrace .
so basically were all in retrace mode so no fakies.
Thats the 3 majors covered.
If we turn and head south at the lows of 3077 good probability we could see 600pip down move
Looks like we are in retrace mode at moment, given that view I have 3 levels
1) 3077 is 38% fib and the previous strong lows and the 50% major fib of the major bull run to 4280 area
2) 3144 which is simply 50% fib of the 600 pip solid leg south. if it gets here will be interesting to see the reaction as lots of traders use 50 fib on daily chart
My interest areas from yesterdays trading are 2930 large volumes of 10--12 million clusters of trades
more importantly 2966 this area had 3 to 4 times the amount of 10--17 million clusters every time we touch this exact number.This also was yesterdays exact open price which also leads me to believe lots of traders trade only at open daily price.
pink line usd/jpy is having a retrace same as us
blue line gbp/usd is also having retrace .
so basically were all in retrace mode so no fakies.
Thats the 3 majors covered.
If we turn and head south at the lows of 3077 good probability we could see 600pip down move
making green pips large and red pips small this is my goal.
- #362,992
- Jan 12, 2011 4:27am Jan 12, 2011 4:27am
- Joined Mar 2010 | Status: Technical Fundamentalist | 11,563 Posts
Pending conversations? PM for a chat...I am mainly in OTM now
- #362,993
- Jan 12, 2011 4:30am Jan 12, 2011 4:30am
- | Membership Revoked | Joined Oct 2010 | 1,186 Posts
- #362,995
- Jan 12, 2011 4:31am Jan 12, 2011 4:31am
- Joined Mar 2010 | Status: Technical Fundamentalist | 11,563 Posts
Pending conversations? PM for a chat...I am mainly in OTM now
- #362,996
- Jan 12, 2011 4:31am Jan 12, 2011 4:31am
- Joined Jul 2009 | Status: Left Leg In, Right Leg Out! | 5,792 Posts
A pip is only worth it if you know how much you risked to earn it
