GJ PA looks very weak at current levels and prepping to accelerate downwards, very weak zone 130.80-131.20, currently trading below MP & WP, however need to keep in mind that 130.44 is quarterly pivot, so will offer some resistance. Quarterly S1 is 125.40.
- #13,142
- May 24, 2011 1:35am May 24, 2011 1:35am
- | Commercial User | Joined Jan 2010 | 3,733 Posts
by the way fellas... yesterday before going to sleep i set a TP of 100 pips to my GU short which was hitted during asia time (to the pip by the way). Not sure if i am happy with that right now, as i reckon i could have handled the trade differently, but what is done is done. Will post my view of the day later on and about EU... i see it is forming a bearish flag (or a falling wedge.. still is not clear). I hope it will go over 41 before breaking it and fall again 
P.S. i am too young for being a man who attend bunga-bunga style parties
P.S. i am too young for being a man who attend bunga-bunga style parties
I don't want a job, i want money!
- #13,143
- May 24, 2011 1:49am May 24, 2011 1:49am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
by the way fellas... yesterday before going to sleep i set a TP of 100 pips to my GU short which was hitted during asia time (to the pip by the way). Not sure if i am happy with that right now, as i reckon i could have handled the trade differently, but what is done is done. Will post my view of the day later on and about EU... i see it is forming a bearish flag (or a falling wedge.. still is not clear). I hope it will go over 41 before breaking it and fall again
P.S. i am too young for being a man who attend bunga-bunga style parties
nailed it bro..u nailed it!..i think u turning a corner, keep this believe..i saw it 2 days back and we were short bias and u were long and didnt change and stuck to yur gunsu are now in a place where u realise, belief in yourself is everything and nobody can give u that..only way to get that is earn it!!
The first major step to success in this..
welldone
- #13,144
- May 24, 2011 1:56am May 24, 2011 1:56am
- | Commercial User | Joined Jan 2011 | 4,044 Posts
USDX H4 chart dispatch. That does look like USDX hit the upper band of downwards sloping channel and PA is getting rejected. Azim would be great if you share your opinion on USDX, thanks!
http://oi53.tinypic.com/99m2ad.jpg
http://oi53.tinypic.com/99m2ad.jpg
- #13,145
- May 24, 2011 2:07am May 24, 2011 2:07am
- | Commercial User | Joined Jan 2010 | 3,733 Posts
u are now in a place where u realise, belief in yourself is everything and nobody can give u that..only way to get that is earn it!!
The first major step to success in this..
welldone
eheh thanks my friend... but really don't overboost me... i still have panic moments
I don't want a job, i want money!
- #13,146
- May 24, 2011 2:22am May 24, 2011 2:22am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
eheh thanks my friend... but really don't overboost me... i still have panic moments
- #13,147
- May 24, 2011 2:30am May 24, 2011 2:30am
- | Commercial User | Joined Jan 2010 | 3,733 Posts
I don't want a job, i want money!
- #13,149
- May 24, 2011 2:39am May 24, 2011 2:39am
- | Commercial User | Joined Jan 2011 | 4,044 Posts
does anyone else feel we are about to spike up on GU? like 6206 (WP).
like 6206 (WP).
- #13,150
- May 24, 2011 2:41am May 24, 2011 2:41am
- | Commercial User | Joined Jan 2010 | 3,733 Posts
Couple of dumbass moves I made this AM out at 16120
I don't want a job, i want money!
- #13,151
- May 24, 2011 3:04am May 24, 2011 3:04am
- | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
- #13,153
- May 24, 2011 3:13am May 24, 2011 3:13am
- | Commercial User | Joined Jan 2010 | 3,733 Posts
Anyone else has a gap on EU chart 14150 area...thinking of going short must wait for gap closing 14180 me thinks. If it's there.
with gaps i am always rather careful... i have 4 platform and in 3 of them there is a gap, but in one there isn't... so i would say that there is no gap on it. Yet the area that u mentioned is a good place where we could see some more bears coming.. and WP at 4182. Let's just have fun like last friday when we spotted the right place where to short from, at the break of the flag
I don't want a job, i want money!
- #13,154
- May 24, 2011 3:16am May 24, 2011 3:16am
- | Joined May 2008 | Status: Ad Astra Per Aspera | 1,741 Posts
Verily, in every difficulties there is relief
- #13,156
- May 24, 2011 3:22am May 24, 2011 3:22am
- | Commercial User | Joined Jan 2010 | 3,733 Posts
I don't want a job, i want money!
- #13,157
- May 24, 2011 3:28am May 24, 2011 3:28am
- | Commercial User | Joined Jan 2011 | 4,044 Posts
Dario I'm already long, currently any more upside this month on dollar is not sustainable, monthly range is out already, R:R shifted to the upside on majors, I was short from asian open on sunday and looking for more downside, however right now I just don't see that happening.
Gold already took out WP and is at 1519 now, above MP as well, GJ and EJ are very sensitive to PA on gold. GU is supported by footsie bounce and EU is supported by EURX PB on D1 chart, which I posted before. All in all that's enough for me to get in long, I don't just look @ one WP/MP. By no means I endorse anyone to do the same, but that suits me fine.
Gold already took out WP and is at 1519 now, above MP as well, GJ and EJ are very sensitive to PA on gold. GU is supported by footsie bounce and EU is supported by EURX PB on D1 chart, which I posted before. All in all that's enough for me to get in long, I don't just look @ one WP/MP.
By no means I endorse anyone to do the same, but that suits me fine.
- #13,158
- May 24, 2011 3:29am May 24, 2011 3:29am
- | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
we are going down on eu and gu..it broke last weeks low..hint hint!!
with gaps i am always rather careful... i have 4 platform and in 3 of them there is a gap, but in one there isn't... so i would say that there is no gap on it. Yet the area that u mentioned is a good place where we could see some more bears coming.. and WP at 4182. Let's just have fun like last friday when we spotted the right place where to short from, at the break of the flag
- #13,159
- May 24, 2011 3:31am May 24, 2011 3:31am
- | Commercial User | Joined Jan 2010 | 3,733 Posts
Dario I'm already long, currently any more upside this month on dollar is not sustainable, monthly range is out already, R:R shifted to the upside on majors, I was short from asian open on sunday and looking for more downside, however right now I just don't see that happening.
Gold already took out WP and is at 1519 now, above MP as well, GJ and EJ are very sensitive to PA on gold. GU is supported by footsie bounce and EU is supported by EURX PB on D1 chart, which I posted before. All in all that's enough for me to get in long, I don't just look...
of course... just wanted to say to be careful
I don't want a job, i want money!