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Price is everything

  • #6,441
  • Jan 20, 2011 10:09am Jan 20, 2011 10:09am
Hi Red,
Dollar is weakening and we see a retracement on EUR/USD but not so much on GBP/USD, why is that?
Quoting redsword11
dollar will weaken now ..... intraday
  • #6,442
  • Jan 20, 2011 10:14am Jan 20, 2011 10:14am
Quoting BrunargarFx
Hi Red,
Dollar is weakening and we see a retracement on EUR/USD but not so much on GBP/USD, why is that?

it will begin


different pairs do have their own character and pace
  • #6,443
  • Jan 20, 2011 10:18am Jan 20, 2011 10:18am
Thanks,
Given the steep dive of today, how much of a retracement could we expect on the cable before it resumes its move downward?


Quoting redsword11
it will begin


different pairs do have their own character and pace
  • #6,444
  • Jan 20, 2011 10:24am Jan 20, 2011 10:24am
Quoting BrunargarFx
Thanks,
Given the steep dive of today, how much of a retracement could we expect on the cable before it resumes its move downward?
looking at price structure on cable - tg horizontals first then its PA watch as those levels are tested - there is no real way of telling how much but give yourself those tgs
  • #6,445
  • Jan 20, 2011 10:34am Jan 20, 2011 10:34am
Ok, thanks for this red

Quoting redsword11
looking at price structure on cable - tg horizontals first then its PA watch as those levels are tested - there is no real way of telling how much but give yourself those tgs
  • #6,446
  • Jan 20, 2011 11:18am Jan 20, 2011 11:18am
Quoting redsword11
bought aud @ 0.98533

Attached Image (click to enlarge)
Click to Enlarge Name: aud left.jpg Size: 74 KB


Attached Image (click to enlarge)
Click to Enlarge Name: aud.jpg Size: 65 KB
  • #6,447
  • Jan 20, 2011 11:25am Jan 20, 2011 11:25am
also bought kiwi


Attached Image (click to enlarge)
Click to Enlarge Name: kiwi.jpg Size: 63 KB
  • #6,448
  • Jan 20, 2011 4:04pm Jan 20, 2011 4:04pm
Quoting redsword11
also bought kiwi


Attachment

Attached Image (click to enlarge)
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  • #6,449
  • Jan 20, 2011 4:09pm Jan 20, 2011 4:09pm
Attached Image (click to enlarge)
Click to Enlarge Name: dx.jpg Size: 100 KB




either way
  • #6,450
  • Jan 20, 2011 4:32pm Jan 20, 2011 4:32pm
Quoting redsword11
Attachment

Attachment

Attached Image (click to enlarge)
Click to Enlarge Name: aud.jpg Size: 65 KB
  • #6,451
  • Jan 20, 2011 4:54pm Jan 20, 2011 4:54pm
added north kiwi - stops @ 0.75233
  • #6,452
  • Jan 20, 2011 5:04pm Jan 20, 2011 5:04pm
gold - its going to whipsaw north - gonna catch it
  • #6,453
  • Jan 20, 2011 5:08pm Jan 20, 2011 5:08pm
Attached Image (click to enlarge)
Click to Enlarge Name: nok.jpg Size: 64 KB



sold the nok
  • #6,454
  • Jan 20, 2011 5:09pm Jan 20, 2011 5:09pm
Hi red,
Whats the reason for that mate?
Would love to know if you dont mind sharing please?
Thanks
hk
Quoting redsword11
gold - its going to whipsaw north - gonna catch it
  • #6,455
  • Jan 20, 2011 5:11pm Jan 20, 2011 5:11pm
Quoting hkkhanus
Hi red,
Whats the reason for that mate?
Would love to know if you dont mind sharing please?
Thanks
hk


no reason - rather l have seen this play often - will post it when it happens
  • #6,456
  • Jan 20, 2011 5:22pm Jan 20, 2011 5:22pm
Quoting redsword11
no reason - rather l have seen this play often - will post it when it happens


gold plays a very clever trap - its probably the only instrument l have seen that exhibits this type of PA trap - very clever whoever designed it




its starting .......
  • #6,457
  • Jan 20, 2011 5:25pm Jan 20, 2011 5:25pm
I didn't understand your rules yet.....I'm learning....anyway, my pictures - is OK for rules of your method?
Attached Image(s) (click to enlarge)
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  • #6,458
  • Jan 20, 2011 5:32pm Jan 20, 2011 5:32pm
Quoting fibo237
I didn't understand your rules yet.....I'm learning....anyway, my pictures - is OK for rules of your method?

Attached Image (click to enlarge)
Click to Enlarge Name: gold.jpg Size: 78 KB




look left .......
  • #6,459
  • Jan 20, 2011 5:38pm Jan 20, 2011 5:38pm
Fair enough, Thanks bro

Quoting redsword11
no reason - rather l have seen this play often - will post it when it happens
  • #6,460
  • Jan 20, 2011 5:39pm Jan 20, 2011 5:39pm
Quoting redsword11
Attachment

look left .......
i am short gold. looking for a reasonable dip. let's see how it plays out.
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