Too much seller here, think that we'll head back to 1.3460
- #12,483
- Feb 15, 2011 9:28am Feb 15, 2011 9:28am
- Joined Dec 2009 | Status: Trader | 2,367 Posts
duh..
I wish I wasn't too tight fisted to pay for TG
- #12,484
- Feb 15, 2011 9:29am Feb 15, 2011 9:29am
- Joined Oct 2010 | Status: Looking at a few more charts... | 1,195 Posts
Minor retrace probably. Not enough volume for a reversal.
I wish I wasn't too tight fisted to pay for TG
- #12,485
- Feb 15, 2011 9:34am Feb 15, 2011 9:34am
- Joined May 2008 | Status: has long shorts | 2,584 Posts
- #12,486
- Feb 15, 2011 9:38am Feb 15, 2011 9:38am
- Joined Dec 2009 | Status: Trader | 2,367 Posts
- #12,488
- Feb 15, 2011 9:41am Feb 15, 2011 9:41am
- Joined May 2008 | Status: has long shorts | 2,584 Posts
he is back fighting but the rest of the gang has not yet arrived
http://www.telegraph.co.uk/telegraph...h_1006065i.jpg
http://www.telegraph.co.uk/telegraph...h_1006065i.jpg
Well if you'd give that poxy monkey a foot up the backside we might get somewhere!
- #12,489
- Feb 15, 2011 9:42am Feb 15, 2011 9:42am
- | Joined Nov 2007 | Status: Trader | 1,157 Posts
Minor retrace probably. Not enough volume for a reversal.
I wish I wasn't too tight fisted to pay for TG
Your charts are usually very clean and just plain nice.
With TG or something else, the charts may just become a blur and a mess.
You help people by showing you don't need extra software or fancy stuff to read the charts, as long as Vol is clean!
So better to be tight fisted!
- #12,490
- Feb 15, 2011 9:43am Feb 15, 2011 9:43am
- Joined Dec 2009 | Status: Trader | 2,367 Posts
he is back fighting but the rest of the gang has not yet arrived
http://www.telegraph.co.uk/telegraph...h_1006065i.jpg
Good man, ermmm woman............ermmm monkey
- #12,491
- Feb 15, 2011 9:44am Feb 15, 2011 9:44am
- | Joined Nov 2007 | Status: Trader | 1,157 Posts
What do you mean by "London fix" ??
- #12,493
- Feb 15, 2011 9:52am Feb 15, 2011 9:52am
- Joined Oct 2010 | Status: Looking at a few more charts... | 1,195 Posts
- #12,494
- Feb 15, 2011 10:04am Feb 15, 2011 10:04am
- Joined Oct 2010 | Status: Looking at a few more charts... | 1,195 Posts
- #12,495
- Feb 15, 2011 10:13am Feb 15, 2011 10:13am
- | Joined Nov 2007 | Status: Trader | 1,157 Posts
BE is good. At least it's not a loser. But you can catch very big move sometime and then you will be really happy and glad that you didn't close it just for couple of pips.
You are so right that BE is good!
And more relax after moving SL to BE.
Last week was a shocker week like 9 out of 9 hit SL.
All hit badly.
Too hopeful for EUR/USD Long and all similar multiple positions on other currencies.
Listen to EU Long-er opinions, and widen the SL, my own responsibility.
No real chance or time to move a single thing to BE before opening another transaction.
Waited far too long to move anything to BE. (This is contradicting to last time when I mentioned to wait longer to move to BE. Really a fine delicate line to know when to move to BE.)
Forgot that market is right.
If VSA tell me go Long EUR/USD, then it hit SL.
This failure is also a signal, and this means I should REVERSE and go Short EUR/USD, rather keep on banging my head and kept going Long EUR/USD.
Failure of a signal, whether it is VSA or somthing else, is a Good Signal to reverse!
This reversal actually worked well for me a few weeks ago as well
Don't know why I did not reverse position last week though.
AND The Stop Loss is a Great Indicator!!
Today I was tight fisted, had long EUR/JPY, long GBP/USD and twice long on EUR/USD.
All moved to BE quickly before opening next trans.
EUR/USD closed for BE twice as mentioned previously, and now price is still going nowhere.
GBP/USD and EUR/JPY definitely trend well today, and move SL to some positive pips.
Hurray for BE!
- #12,497
- Feb 15, 2011 10:33am Feb 15, 2011 10:33am
- Joined May 2009 | Status: Trading, Not Posting | 2,130 Posts
Failure of a signal, whether it is VSA or somthing else, is a Good Signal to reverse! This reversal actually worked well for me a few weeks ago as well Don't know why I did not reverse position last week though. ... AND The Stop Loss is a Great Indicator!!
... GBP/USD and EUR/JPY definitely trend well today, and move SL to some positive pips.
Hurray for BE!
If I weren't siesta-ing through London, I'd like to think I was making $$$ in everything else other than the EURUSD dog.
But ... more hurray for profitability!
On a predictory note, assuming 1.35 holds, we're likely done with euro (in)action for today. Good chance we will have Asia notch it up another 40 pips, which is more than one can say for the other sessions.
- #12,498
- Feb 15, 2011 10:40am Feb 15, 2011 10:40am
- | Joined Nov 2007 | Status: Trader | 1,157 Posts
Wise and good to remember words. Especially as it turns out we are ranging.
If I weren't siesta-ing through London, I'd like to think I was making $$$ in everything else other than the EURUSD dog.
But ... more hurray for profitability!
On a predictory note, assuming 1.35 holds, we're likely done with euro (in)action for today. Good chance we will have Asia notch it up another 40 pips, which is more than one can say for the other sessions.
Agreed need to find a better word for "More Hurray" on Longer Profits.
Edit: EU definitely still ranging as has got out of the H1 big Down bar range 1.3461 low to 1.3542 high.
Now night siesta for me.
- #12,500
- Feb 15, 2011 10:59am Feb 15, 2011 10:59am
- Joined May 2009 | Status: Trading, Not Posting | 2,130 Posts
I think we're next testing below that last low, down to 1.345ish. VSA functionality declines from here on IMO, given volumes are generally declining. That spike into 1.3545 really got sold into.
We can go up, yet still be bearish ... need that catalyst, damn it!
