Best way to stay flat for now ...
and wait for the market
- #386,722
- Feb 14, 2011 6:28pm Feb 14, 2011 6:28pm
- Joined Jul 2010 | Status: Weebley Wobbly Timey Wimey stuff | 10,604 Posts
Best way to stay flat for now ...
and wait for the market
You don't always have to be in a position.Any trade right now certainly doesn't have a good r/r with these pathetic moves it's making.
- #386,723
- Feb 14, 2011 6:31pm Feb 14, 2011 6:31pm
No this one...
I'm only banking longs on the fact that i believe the price is too low and needs to reach the median level of 1.35 area... if it does it must go most likely to the 1.3550 my target.
To Your Success!!
- #386,724
- Feb 14, 2011 6:35pm Feb 14, 2011 6:35pm
- Joined Aug 2009 | Status: Just trade it! | 1,230 Posts
In-case you didn't notice, nothing is going no where.
Money is made by sitting, not trading. Jesse L. Livermore
- #386,725
- Feb 14, 2011 6:35pm Feb 14, 2011 6:35pm
- Joined Apr 2010 | Status: Trader | 13,228 Posts
Yup, im seeing that too after you told me... Thanks.
I'm only banking longs on the fact that i believe the price is too low and needs to reach the median level of 1.35 area... if it does it must go most likely to the 1.3550 my target.
In my experience it has a nasty habit of producing yet another trend leg out of no-where...
Looks like activity is picking up...
- #386,726
- Feb 14, 2011 6:36pm Feb 14, 2011 6:36pm
After AB=CD pattern completion today at around 1.3385 price will rebound with room up to 1.3620 which is also the 2nd wave/correction with this current wave CD from 1.3740 being wave 1 of the downtrend, and the next wave after correction i.e. wave 3 from around 1.3600 should be the longest and strongest wave of the decline, and also a quick one to accelerate the decline.
To Your Success!!
- #386,727
- Feb 14, 2011 6:37pm Feb 14, 2011 6:37pm
- Joined Jul 2010 | Status: Weebley Wobbly Timey Wimey stuff | 10,604 Posts
eu is going north
- #386,728
- Feb 14, 2011 6:41pm Feb 14, 2011 6:41pm
- Joined Dec 2010 | Status: Trader | 1,021 Posts
All it needed was me to say something i guess. heh
i'm shorted it now
...let's see for a quick 20 PIPS
- #386,729
- Feb 14, 2011 6:44pm Feb 14, 2011 6:44pm
- Joined Apr 2010 | Status: Trader | 13,228 Posts
shorted 506, but bottled it and closed +5, looking to re-enter on a 2nd spike... 
- #386,730
- Feb 14, 2011 6:45pm Feb 14, 2011 6:45pm
- Joined Jul 2010 | Status: Weebley Wobbly Timey Wimey stuff | 10,604 Posts
shorted 506, but bottled it and closed +5, looking to re-enter on a 2nd spike...
- #386,732
- Feb 14, 2011 6:48pm Feb 14, 2011 6:48pm
- Joined Aug 2009 | Status: Just trade it! | 1,230 Posts
Money is made by sitting, not trading. Jesse L. Livermore
- #386,735
- Feb 14, 2011 7:10pm Feb 14, 2011 7:10pm
- Joined Dec 2010 | Status: Trader | 1,021 Posts
Hoping my short will paid off soon
- #386,738
- Feb 14, 2011 7:16pm Feb 14, 2011 7:16pm
- Joined Jul 2010 | Status: Weebley Wobbly Timey Wimey stuff | 10,604 Posts
- #386,739
- Feb 14, 2011 7:21pm Feb 14, 2011 7:21pm
- Joined Dec 2010 | Status: Trader | 1,021 Posts
Next stop, 3519?
In red pips
- #386,740
- Feb 14, 2011 7:22pm Feb 14, 2011 7:22pm
- | Membership Revoked | Joined May 2010 | 1,979 Posts
