Attached Image (click to enlarge)
- #519,882
- Aug 11, 2011 6:18am Aug 11, 2011 6:18am
Ok. Good luck! Because short can only till 1.4162-67
- #519,885
- Aug 11, 2011 6:20am Aug 11, 2011 6:20am
- Joined Mar 2010 | Status: aka QueenB | 4,808 Posts
oh no don't worry I am sure I won't (the popularity part) ...lol
How is your trading going? any views in the euro?
sisse
i would be very interested in hearing your view though
- #519,886
- Aug 11, 2011 6:21am Aug 11, 2011 6:21am
- | Joined May 2010 | Status: Trader | 1,078 Posts
Patience gays. After Unemployment Claims there will be good opurtunities... 
Once scalper always scalper
- #519,887
- Aug 11, 2011 6:24am Aug 11, 2011 6:24am
- Joined Aug 2009 | Status: Ride the Pig | 31,271 Posts
Look Sharp/Trade Tight
- #519,888
- Aug 11, 2011 6:26am Aug 11, 2011 6:26am
- | Joined May 2010 | Status: Trader | 1,078 Posts
yesterday was terrible and i ended up -27. dustbins were not the way to go unless you did what gleneagles did and use a 40 pip range. i don't have that much experience in this type of moving market so my view is to lean to the safe side and don't listen to most on this thread ... just trade my charts
i would be very interested in hearing your view though
Once scalper always scalper
Patience gays. After Unemployment Claims there will be good opurtunities...
Not trading for trading's sake. Made 130 pips overnight and this morning. Rather wait until a good entry point rather than chancing my profits
- #519,891
- Aug 11, 2011 6:28am Aug 11, 2011 6:28am
- Joined Mar 2010 | Status: aka QueenB | 4,808 Posts
Our idea: we are a small fish follow the big fishs
well said
- #519,893
- Aug 11, 2011 6:31am Aug 11, 2011 6:31am
- Joined Jun 2011 | Status: UN-RE-TIRED | 12,773 Posts
- #519,894
- Aug 11, 2011 6:31am Aug 11, 2011 6:31am
- Joined Jun 2011 | Status: UN-RE-TIRED | 12,773 Posts
- #519,895
- Aug 11, 2011 6:32am Aug 11, 2011 6:32am
- Joined Mar 2010 | Status: Technical Fundamentalist | 11,563 Posts
yesterday was terrible and i ended up -27. dustbins were not the way to go unless you did what gleneagles did and use a 40 pip range. i don't have that much experience in this type of moving market so my view is to lean to the safe side and don't listen to most on this thread ... just trade my charts
i would be very interested in hearing your view though
From a strictly TA point of view this week intraday moves has been triggered on panic in the stock markets at very unusual times. So when you have the ES or the DAX, etc lossing 5% or more in 15 minutes it becomes very hard to trade currencies and the only ones who could benefit are those top and bottom pickers that usually get hammered in normal circumstances (with very few exception in the thread). In simple words a quick and very wide breaks to HH or LL without making a pullback.
In general as long as the weekly and daily range is not resolved and with the current panic circumstances the safest bet is trade something else or zoom out one or two timeframes from your normal intraday TFs to play only the macro levels (e.g only daily S/R and not the middle levels).
For this afternoon, we are again for 8th time in a row testing daily S (1.416x) but we have a rejection of daily lows in play. If daily roll hold NY I am looking for test of R at 1.440x, if not on the sidelines and take the break tomorrow.
sisse
Pending conversations? PM for a chat...I am mainly in OTM now
- #519,896
- Aug 11, 2011 6:32am Aug 11, 2011 6:32am
- Joined Aug 2009 | Status: Ride the Pig | 31,271 Posts
Look Sharp/Trade Tight
- #519,898
- Aug 11, 2011 6:34am Aug 11, 2011 6:34am
- Joined Aug 2009 | Status: Ride the Pig | 31,271 Posts
Look Sharp/Trade Tight
- #519,900
- Aug 11, 2011 6:36am Aug 11, 2011 6:36am
- Joined Jun 2011 | Status: UN-RE-TIRED | 12,773 Posts
k, thanks
Suspended Trading
A situation in which trading on a security is halted, usually for about half an hour, but sometimes longer, by the exchange's management or by regulators. Trading on a security is suspended usually in order to discourage volatility. For example, suspended trading may occur for the period immediately around a major announcement by the company's management that may cause the price to unsustainably rise or fall. Likewise, the SEC may suspend trading on a security if it is thought to be engaged in illegal activities.
Farlex Financial Dictionary.
2009 Farlex, Inc. All Rights Reservedsuspended trading The temporary suspension of trading in a security. Trading in a security may be suspended if, for instance, a major announcement by the issuing company is expected to influence significantly the security's price. The temporary halt in trading is intended to give the financial community enough time to hear the news. Also called trading halt.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright
2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved.Suspended Trading
A situation in which trading on a security is halted, usually for about half an hour, but sometimes longer, by the exchange's management or by regulators. Trading on a security is suspended usually in order to discourage volatility. For example, suspended trading may occur for the period immediately around a major announcement by the company's management that may cause the price to unsustainably rise or fall. Likewise, the SEC may suspend trading on a security if it is thought to be engaged in illegal activities.