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  • #368,721
  • Jan 20, 2011 5:47am Jan 20, 2011 5:47am
Quoting PayTheLimit
long 3502, sl 3480, tp 3530...
Good luck pay. TA in my books is supporting that move. Timewise is not the best but it should take off v soon (mins) to stall around yesterday high before reports and US open... we'll see

sisse

EDIT: oopps sorry didnt read your last post
Pending conversations? PM for a chat...I am mainly in OTM now
  • #368,722
  • Jan 20, 2011 5:48am Jan 20, 2011 5:48am
Quoting PayTheLimit
out 3490...-12...
Not criticism, but why so quick to jump out? You've got clear support below, it should be no surprise that it gets bumpy around a round number, we just had a wedge breakout, and are building a bigger wedge. Why bail before support fails?
  • #368,723
  • Jan 20, 2011 5:49am Jan 20, 2011 5:49am
Quoting Mr Hatch
it's lunchtime, isn't it?

kkk took my baby away...

http://www.youtube.com/watch?v=zXqLj17zo1U

lol need help killen is free today
  • #368,724
  • Jan 20, 2011 5:50am Jan 20, 2011 5:50am
The price is entrapped in Donchian channel. We need to see a retest of 3437 and a clear break for an upside move to 3496. The bias remains strongly bullish. A steep outside trendline is formed on m30.

Bears are 3350<
  • #368,725
  • Jan 20, 2011 5:50am Jan 20, 2011 5:50am
Quoting FibbinArchie
i got that as 50% & monthly r1...

above there, 3666 looking like a strong level, res from april last year and very, very strong murrey level, if we get up there (highly unlikely 2b today)...
just noticed that if we were to make that within next few trading days that it comes close to a parallel channel line drawn across current long term lows and aug 2010's high...
Attached Image (click to enlarge)
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  • #368,726
  • Jan 20, 2011 5:51am Jan 20, 2011 5:51am
Quoting PhAnTi'
kinda crazy to buy into 3500.
i m looking 3494 now.. hourly closing above that i will keep my long..otherwise exit
  • #368,727
  • Jan 20, 2011 5:52am Jan 20, 2011 5:52am
triangle compression vortex... (just to sound amazingly intelligent)
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  • #368,728
  • Jan 20, 2011 5:53am Jan 20, 2011 5:53am
Quoting PriceVolume
Not criticism, but why so quick to jump out? You've got clear support below, it should be no surprise that it gets bumpy around a round number, we just had a wedge breakout, and are building a bigger wedge. Why bail before support fails?
had to step away....
Look Sharp/Trade Tight
  • #368,729
  • Jan 20, 2011 5:53am Jan 20, 2011 5:53am
Quoting FibbinArchie
Chart patterns are very subjective, the best ones are obvious and jump off the chart at you, so if you have to ask then...
True. Will see what happens after the news. I'm out for now.
Did you place your stop loss order? Why not?!? Story of my life...
  • #368,730
  • Jan 20, 2011 5:53am Jan 20, 2011 5:53am
short 3500. sl 3505 , tp 3490
Hero calls followed by margin calls...
  • #368,731
  • Jan 20, 2011 5:54am Jan 20, 2011 5:54am
Quoting coyoteuglyxxx
True. Will see what happens after the news. I'm out for now.
the bulls might want the break before the news, though.
  • #368,732
  • Jan 20, 2011 5:54am Jan 20, 2011 5:54am
Quoting T@rantula
The price is entrapped in Donchian channel. We need to see a retest of 3437 and a clear break for an upside move to 3496. The bias remains strongly bullish. A steep outside trendline is formed on m30.

Bears are 3350<
3537 3596
  • #368,733
  • Jan 20, 2011 5:57am Jan 20, 2011 5:57am
pa pushes up before h1 close



Hero calls followed by margin calls...
  • #368,734
  • Jan 20, 2011 5:59am Jan 20, 2011 5:59am
hatch its not
Attached Image (click to enlarge)
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  • #368,735
  • Jan 20, 2011 5:59am Jan 20, 2011 5:59am
Quoting PhAnTi'
short 3500. sl 3505 , tp 3490
No need to put a trade at the moment..
  • #368,736
  • Jan 20, 2011 6:00am Jan 20, 2011 6:00am
a small bear is born
*roooarrr*
http://www.winnie-puuh-magazin.de/me...inniePuuh5.jpg
  • #368,737
  • Jan 20, 2011 6:00am Jan 20, 2011 6:00am
Quoting PhAnTi'
pa pushes up before h1 close



closed below 3500. might be bears turn now.
Hero calls followed by margin calls...
  • #368,738
  • Jan 20, 2011 6:02am Jan 20, 2011 6:02am
crap trade mostly...
Look Sharp/Trade Tight
  • #368,739
  • Jan 20, 2011 6:02am Jan 20, 2011 6:02am
Quoting Vladimir1987
No need to put a trade at the moment..
a reasonable enough scalp off the descending tl, m1 tf
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  • #368,740
  • Jan 20, 2011 6:02am Jan 20, 2011 6:02am
Lets assume that this was news positioning...

Here are my levels for the spike to be contained...

P.S. i wont trade the news maybe then the reaction after couple of minutes(15-45)
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