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  • #458,761
  • Jun 9, 2011 12:53pm Jun 9, 2011 12:53pm
Quoting pipper
Definetely possible PTL.. I'm wondering have they sold us a fake breakout to the downside and go and have another crack at 1.5 so am on the sidelines at mo..
Certainly possible as hourly chart did not continue a down for more than 3 hours, like previous time. Indices look like they have found a bottom as well...
  • #458,762
  • Jun 9, 2011 12:57pm Jun 9, 2011 12:57pm
Quoting Mr. Aldi
Certainly possible as hourly chart did not continue a down for more than 3 hours, like previous time. Indices look like they have found a bottom as well...
In today's scenario..I made 180 pips within minuteS..SELL/BUY/SELL
  • #458,763
  • Jun 9, 2011 1:00pm Jun 9, 2011 1:00pm
Quoting AllyB
i like dustbins better ... but that's mostly because i suck at holding trades. working on that though but ... not much success
Keep up it up Ally. Every bad trade is just one step closer to getting things right! Plus the more hours into this, the better we all get!
  • #458,764
  • Jun 9, 2011 1:02pm Jun 9, 2011 1:02pm
Quoting Mr. Aldi
Certainly possible as hourly chart did not continue a down for more than 3 hours, like previous time. Indices look like they have found a bottom as well...
I'm expecting a new low to 1.4457/50.
  • #458,765
  • Jun 9, 2011 1:03pm Jun 9, 2011 1:03pm
H1 close below 4511 has better chance to downside play rather more up the mofu .lets see .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #458,766
  • Jun 9, 2011 1:07pm Jun 9, 2011 1:07pm
we are well above atr today..closes today/tomorrow below 4451.8 would help the 4259.3 target. if the levels are respected it will be plain to c. .. a close below 4426.1 is a much stronger indication. these levels will be a mixture of the chart posted. but these should be easy to spot. other s/r from the past will still do their thing like 4476.. 4450 4444 4416 4398 4366 4324 4270
we may have to wait for a new day for a atr reload.

oh its Friday soon.. so open a window. just in case your analysis doesn't work.
those who can, do. those who cant, talk about those who can
  • #458,767
  • Jun 9, 2011 1:08pm Jun 9, 2011 1:08pm
I can feel it coming in the air tonight... Like in the good ol times!
  • #458,768
  • Jun 9, 2011 1:09pm Jun 9, 2011 1:09pm
Let's see can it do it from here, otherwise it's gonna test 1.4556/67.

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  • #458,769
  • Jun 9, 2011 1:09pm Jun 9, 2011 1:09pm
bbl, gl, ptl..
Look Sharp/Trade Tight
  • #458,770
  • Jun 9, 2011 1:10pm Jun 9, 2011 1:10pm
Quoting Venice
Keep up it up Ally. Every bad trade is just one step closer to getting things right! Plus the more hours into this, the better we all get!
I will Venice ... it did feel good to vent a little and words of encouragement always welcome ... thx
  • #458,771
  • Jun 9, 2011 1:11pm Jun 9, 2011 1:11pm
decided to hold too.

don't see much bull strength...

have a 5m cluster at 21 to 29 and my lowest short is at be so it can only come out green (the higher one is at 1.4607 with sl bellow 30 pips).

hapipipin

Quoting fontu
H1 close below 4511 has better chance to downside play rather more up the mofu .lets see .
fontu
dreams do come true.
  • #458,772
  • Jun 9, 2011 1:14pm Jun 9, 2011 1:14pm
Quoting pipper
Am itching to take a long but will wait
Friday soon.. strong support at 4576.. maybe.. pa target is 4572... so a bounce should happen after 72.. limited s/l
those who can, do. those who cant, talk about those who can
  • #458,773
  • Jun 9, 2011 1:15pm Jun 9, 2011 1:15pm
can some one tell me what is dustbin trading mean
  • #458,774
  • Jun 9, 2011 1:15pm Jun 9, 2011 1:15pm
if it work out this way.......
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  • #458,775
  • Jun 9, 2011 1:16pm Jun 9, 2011 1:16pm
Quoting PayTheLimit
anyone with me on this play?
LOL If that would be all of the move down, I would be more than disappointed.


But I have learned the hard way to trade the wave as they come, not as I predict :-)


So we are in the same boat. What is your contribution to bring this down? My contribution will be, that I will pay every single drink on this weekend in USD


  • #458,776
  • Jun 9, 2011 1:19pm Jun 9, 2011 1:19pm
Quoting pipper
Definetely possible PTL.. I'm wondering have they sold us a fake breakout to the downside and go and have another crack at 1.5 so am on the sidelines at mo..
i don't know about 1.5 but pa indicated 4988 when we hit 4939.. but then the week closed below 2008 number. so i went with it.
those who can, do. those who cant, talk about those who can
  • #458,777
  • Jun 9, 2011 1:19pm Jun 9, 2011 1:19pm
Quoting needpips
Yes....been locked and loaded since 1.42 (a tad early)....Im seeing the same.....



Short since 42? Deep pockets, very locked-inn?
  • #458,778
  • Jun 9, 2011 1:26pm Jun 9, 2011 1:26pm
Quoting kutta
can some one tell me what is dustbin trading mean
this should give you a general idea.

Cheers
Attached File(s)
File Type: pdf Dustbin Trades.pdf   134 KB | 1,855 downloads
  • #458,779
  • Jun 9, 2011 1:27pm Jun 9, 2011 1:27pm
Still waiting G for confirmation either way for quick scalp. Charts, H4 Break, H/S all say down so not risking long yet

My targets if downside continues after bounce

1.4467.5
1.4436.4
1.4304.5


Quoting gatorinla
Friday soon.. strong support at 4576.. maybe.. pa target is 4572... so a bounce should happen after 72.. limited s/l
Disclaimer: Check your 1m charts
  • #458,780
  • Jun 9, 2011 1:27pm Jun 9, 2011 1:27pm
can anyone pls suggest which 4hr chart is valid?..
each chart displays diff chart patterns...
which one to use?

GMT +2, GMT, EST..
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