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  • #517,161
  • Aug 9, 2011 1:56pm Aug 9, 2011 1:56pm
1,4370?
  • #517,162
  • Aug 9, 2011 1:56pm Aug 9, 2011 1:56pm
Yeah maybe time to short. Patterns have screwed me before though.
  • #517,163
  • Aug 9, 2011 1:57pm Aug 9, 2011 1:57pm
next resistance levels could be found at the 1.4370 zone and 1.4400, while immediate supports could be encountered at 1.4290 and the 1.4240 zone ahead of 1.4200.
  • #517,164
  • Aug 9, 2011 1:58pm Aug 9, 2011 1:58pm
Placed a few shorts at 4350.....Looking for 4150...
  • #517,165
  • Aug 9, 2011 2:01pm Aug 9, 2011 2:01pm
Quoting needpips
Placed a few shorts at 4350.....Looking for 4150...
Where's your stoploss at?
Trax Tibidax Tibidox...
  • #517,166
  • Aug 9, 2011 2:01pm Aug 9, 2011 2:01pm
Quoting jynx_km
1,4370?
Looks like 1.4364/65 just turned into the support, target is higher, i would say around 1.4420 and get those stops there. That is an estimate, too tired to take a look at weekly/monthly levels.

1.4396/97 should give some bounce though.

Later folks, bedtime.
They think they are smarter than I am.
  • #517,167
  • Aug 9, 2011 2:05pm Aug 9, 2011 2:05pm
what took ya so long euro
  • #517,168
  • Aug 9, 2011 2:06pm Aug 9, 2011 2:06pm
Quoting cloggie
42 has not been decided yet, hold on to your horses, don't go trading the first red bar you see on a 10sec chart.....

BTW, a 6 pip SL, you really think that is sensible????

hows the shorts going

where is your stop
rat
  • #517,169
  • Aug 9, 2011 2:08pm Aug 9, 2011 2:08pm
Quoting needpips
Placed a few shorts at 4350.....Looking for 4150...
=))
  • #517,170
  • Aug 9, 2011 2:08pm Aug 9, 2011 2:08pm
is there any usual behavior, what does Asia usually do after moves like this?
what is to be expected?
big numbers are our friends...
  • #517,171
  • Aug 9, 2011 2:09pm Aug 9, 2011 2:09pm
Quoting attila
The short move is not done, so that's where we're going overall.

Where is your stop ?
rat
  • #517,172
  • Aug 9, 2011 2:10pm Aug 9, 2011 2:10pm
I try not to expect anything, just observe. Otherwise a lot of things will not make sense, and it usually results in losing money. Wait for some sort of a swing, and then take it off there.
Trax Tibidax Tibidox...
  • #517,173
  • Aug 9, 2011 2:11pm Aug 9, 2011 2:11pm
Quoting deeZG
is there any usual behavior, what does Asia usually do after moves like this?
what is to be expected?
From what I've seen they usually take the retract since the big moves have already been done. I'm short tp 1.4290. Stop at 1.4380
  • #517,174
  • Aug 9, 2011 2:11pm Aug 9, 2011 2:11pm
Quoting rattyo
hows the shorts going

where is your stop
Here's why this sucks rat. He was right by 90 pips, you were right by 90 pips. But he was right first.. You lose. LOL.
  • #517,175
  • Aug 9, 2011 2:12pm Aug 9, 2011 2:12pm
Quoting rattyo
Where is your stop ?
See above...LOL. You didn't learn anything about my trading. I don't use SL, but I always have longs and shorts. And btw. shorts still good... just a little more range to play with.
  • #517,176
  • Aug 9, 2011 2:16pm Aug 9, 2011 2:16pm
Quoting masterpiecefx
I try not to expect anything, just observe. Otherwise a lot of things will not make sense, and it usually results in losing money. Wait for some sort of a swing, and then take it off there.
sure, i understand that. wouldn't be taking a position based on presumption.
i'm asking since i'm already in the position (in aussie, but nevertheless) and thinking about taking a nap.

i would expect some kind of a relief on asian stocks but, as you say, you can never know for sure.

never mind, will lock some profits and leave the rest...and will see what's gonna happen.
big numbers are our friends...
  • #517,177
  • Aug 9, 2011 2:19pm Aug 9, 2011 2:19pm
Quoting deeZG
sure, i understand that. wouldn't be taking a position based on presumption.
i'm asking since i'm already in the position (in aussie, but nevertheless) and thinking about taking a nap.

i would expect some kind of a relief on asian stocks but, as you say, you can never know for sure.

never mind, will lock some profits and leave the rest...and will see what's gonna happen.
"Lock some profits" sounds like a great plan. As long as you're green, you're green. Have a great nap.
Trax Tibidax Tibidox...
  • #517,178
  • Aug 9, 2011 2:20pm Aug 9, 2011 2:20pm
Quoting rattyo
yeh yeh yeh

another nice trade running

120 odd there still running
LOL. OK rat. Why do you think I slept through this shenanigan? What are you trying to tell me? That you made money? Great. Congrats. Now do it again. LOL.
  • #517,179
  • Aug 9, 2011 2:21pm Aug 9, 2011 2:21pm
Quoting stormtrader
for as long as this channell (blue ) holds i ll be buying dips



and there we have it folks.... love this stuff!

hope everyone did great today. huge rollercoaster but in the end TA is the BOSS in this game
  • #517,180
  • Aug 9, 2011 2:22pm Aug 9, 2011 2:22pm
Quoting masterpiecefx
"Lock some profits" sounds like a great plan. As long as you're green, you're green. Have a great nap.
thanks
big numbers are our friends...
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