Chart ... test of last week close ( 200 ) seems likely , possibly even 170
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- #16,483
- Jul 13, 2011 4:53pm Jul 13, 2011 4:53pm
- Joined Sep 2010 | Status: Trader | 11,327 Posts
short 242 - right in that wick week beginning nov1 2010 it's high is 280 sl 300
looks like a short squeeze though on ltf
- #16,484
- Jul 13, 2011 4:57pm Jul 13, 2011 4:57pm
- Joined Jul 2009 | Status: Trader | 7,425 Posts
- #16,485
- Jul 13, 2011 4:58pm Jul 13, 2011 4:58pm
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Thank You
- #16,487
- Jul 13, 2011 5:09pm Jul 13, 2011 5:09pm
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Well ... some resistance was an understatement
That is quite a rejection & as it is my i/d bias on the dollar atm is bearish. The long legged doji signal indecision & not a reversal, so we'll need the dx to have a strong bearish close today to confirm that there is a reversal in place.
However, as I mentioned earlier given the bearish i/d bias atm, I will look to buy the yoorow when the opportunity arises. But I will do so with a lot of caution.
Good luck.
So there we have it, that was an insanely strong bearish close & signals a reversal. Only problem is, the old 74.48
I will look to buy the yoorow or cable again later, depending on the Eurgbp pa.
Good luck
Thank You
- #16,488
- Jul 13, 2011 5:12pm Jul 13, 2011 5:12pm
- Joined Sep 2010 | Status: Trader | 11,327 Posts
short @6182 sl @6300 (0.5)
but check out tl and NOV1 res. on W1
- #16,490
- Jul 13, 2011 5:36pm Jul 13, 2011 5:36pm
- Joined Sep 2010 | Status: Trader | 11,327 Posts
ok last short 
16170 sl 200 tp 140 ( the re-test of independence day high - yee haa ) night night
16170 sl 200 tp 140 ( the re-test of independence day high - yee haa ) night night
- #16,491
- Jul 13, 2011 5:44pm Jul 13, 2011 5:44pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
closed all positions..monthly trendline..and it could go down in theory
retrace but better be safe than sorry
retrace but better be safe than sorry
- #16,492
- Jul 13, 2011 5:56pm Jul 13, 2011 5:56pm
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Thank You
- #16,493
- Jul 13, 2011 5:58pm Jul 13, 2011 5:58pm
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
good entry for short term bro
Anyway, nice 150 bucks to start the day
I'll be back at LO. Good luck!
Thank You
- #16,495
- Jul 13, 2011 10:19pm Jul 13, 2011 10:19pm
- Joined Sep 2010 | Status: Trader | 11,327 Posts
ok last short
- #16,497
- Jul 13, 2011 11:05pm Jul 13, 2011 11:05pm
- | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Why am I not surprised....
My charts were not wrong...
My charts were not wrong...
muah, gone long on aussie, euro, gu...scalps ofcourse..
Do you have gap for EU @ 4280 in your charts...
- #16,498
- Jul 14, 2011 1:37am Jul 14, 2011 1:37am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Thank You
- #16,499
- Jul 14, 2011 1:39am Jul 14, 2011 1:39am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
1. long @4230 sl @4130 tp @4405 (0.5)
(po)
2. long @4265 sl @4130 tp @4405 (0.5)
Reason for the po & tp is that I'll be away for a few hours driving in a short while's time. Making the trip down KL again, this time to watch the Liverpool match
Thank You
