Friday short ... may be we see reversal now.
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Intraday price action trend trading
- #6,442
- Edited 9:41am Feb 11, 2011 9:36am | Edited 9:41am
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
looking for more ....
To be closed before London closing
Now the price is struggling at Fib. 23 (2nd H1 chart, sorry a bit messy
)
To be closed before London closing
Now the price is struggling at Fib. 23 (2nd H1 chart, sorry a bit messy
)
- #6,443
- Feb 11, 2011 9:37am Feb 11, 2011 9:37am
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
Friday short ... may be we see reversal now.
- #6,446
- Feb 11, 2011 10:03am Feb 11, 2011 10:03am
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
looking for more ....
To be closed before London closing
Now the price is struggling at Fib. 23 (2nd H1 chart, sorry a bit messy
- #6,447
- Feb 11, 2011 10:15am Feb 11, 2011 10:15am
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
Well, I'm off trading now, its Fri afternoon of US. Could be very crazy market. Play safe all!!
Eric
Eric
- #6,448
- Feb 11, 2011 10:18am Feb 11, 2011 10:18am
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
- #6,451
- Feb 14, 2011 12:05am Feb 14, 2011 12:05am
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
- #6,452
- Feb 14, 2011 4:22am Feb 14, 2011 4:22am
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
Just an update.
The EU M15, 2 times of divergence did give us warning not to go long before the major fall right at London opening.
The EU M15, 2 times of divergence did give us warning not to go long before the major fall right at London opening.
Lunch time .. do some preparation works
EU H4, looks like the failure of the H&S formation. The 3520 level seems a good support at the moment. Then measure the last wave with Fibs level, look for 50 ~ 61.8% retracement.
EU M15, a round bottom look alike. A long market order is placed and after a while, divergence is suspected, so quit with +10p only. See whether there is another long entry after the M15 down move (right after the invert pin on M15 chart).
- #6,455
- Feb 14, 2011 10:30am Feb 14, 2011 10:30am
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
May be today is 14/2, all guys go for gals and no one play. The market is horrible slow.
Give up today. Tomorrow could be better.
Give up today. Tomorrow could be better.
- #6,456
- Feb 14, 2011 11:49pm Feb 14, 2011 11:49pm
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
ride this for several hours, manual stop at previous support now resistance (112.8)
, manual stop at previous support now resistance (112.8)
- #6,457
- Feb 14, 2011 11:57pm Feb 14, 2011 11:57pm
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
- #6,458
- Feb 15, 2011 12:02am Feb 15, 2011 12:02am
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
ride this for several hours
Now holding at 61.8 Fibs
- #6,459
- Feb 15, 2011 4:27am Feb 15, 2011 4:27am
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
The market is so tricky today!!
1st pink highlight, when every one looked for further down movement after the last red pin, the price just turned up for 80p
2nd pink, every thing was in up move, then a huge 70p drop.
1st pink highlight, when every one looked for further down movement after the last red pin, the price just turned up for 80p
2nd pink, every thing was in up move, then a huge 70p drop.
