At this stage there is no point to sell...PA ain't suggesting a down move yet...
I would not expect a sharp fall after such rally....it needs a development where it is now...and the price can rise to the next resistance at 1,391x area
The best thing to do is to wait...well that's what i'm doing
But still looking for the best short entry!
And if it goes down it should retrace towards 1,383x
- #552,901
- Oct 21, 2011 9:24am Oct 21, 2011 9:24am
- | Joined Aug 2009 | Status: I support AC Milan and Arsenal | 1,009 Posts
- #552,902
- Oct 21, 2011 9:24am Oct 21, 2011 9:24am
- | Joined Sep 2009 | Status: Trader | 1,621 Posts
At this stage there is no point to sell...PA ain't suggesting a down move yet...
I would not expect a sharp fall after such rally....it needs a development where it is now...and the price can rise to the next resistance at 1,391x area
The best thing to do is to wait...well that's what i'm doing
But still looking for the best short entry!
And if it goes down it should retrace towards 1,383x
" Accepting losses is the most important single investment devise "
- #552,905
- Oct 21, 2011 9:28am Oct 21, 2011 9:28am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
By the way, thanks for your hint yesterday.. i moved my sell limit from 3830 to 3880, although it is still losing money now but it's why better than entry at 3830... hope you have a good trade today and in the future.
And indeed 1,3880 is better than 1,3830 for a short
Wish you success as well!
COT: The precious data ignored
- #552,907
- Oct 21, 2011 9:29am Oct 21, 2011 9:29am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
trade long then ..the better the short try from here before end the trade this week
It seems NY is still asleep!
COT: The precious data ignored
- #552,908
- Oct 21, 2011 9:30am Oct 21, 2011 9:30am
- Joined Mar 2008 | Status: Fooled by randomness | 8,362 Posts
When life gives you lemons, make lemonade
- #552,909
- Oct 21, 2011 9:31am Oct 21, 2011 9:31am
- | Commercial User | Joined Jun 2009 | 1,254 Posts
I hope so, i am still holding my short at 3880...
i see 64 then 37
i have a short too from 884 but still no tp for now
- #552,910
- Oct 21, 2011 9:31am Oct 21, 2011 9:31am
- Joined Aug 2009 | Status: (I have a huge) Member | 5,555 Posts
dreams do come true.
- #552,911
- Oct 21, 2011 9:33am Oct 21, 2011 9:33am
- | Joined Sep 2009 | Status: Trader | 1,621 Posts
" Accepting losses is the most important single investment devise "
- #552,912
- Oct 21, 2011 9:33am Oct 21, 2011 9:33am
- | Commercial User | Joined Jun 2009 | 1,254 Posts
where's ur target ?
i see 64 then 37
i have a short too from 884 but still no tp for now
- #552,913
- Oct 21, 2011 9:33am Oct 21, 2011 9:33am
- | Joined Aug 2009 | Status: I support AC Milan and Arsenal | 1,009 Posts
No worries...i hope it goes down for you!
And indeed 1,3880 is better than 1,3830 for a short
Wish you success as well!
- #552,915
- Oct 21, 2011 9:35am Oct 21, 2011 9:35am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
COT: The precious data ignored
- #552,916
- Oct 21, 2011 9:36am Oct 21, 2011 9:36am
- | Joined Jul 2011 | Status: Jesus is the way. | 1,450 Posts
Please no one should buy on me now...
Don't just beat the markets, leave bruises.
- #552,917
- Oct 21, 2011 9:37am Oct 21, 2011 9:37am
- Joined Mar 2008 | Status: Fooled by randomness | 8,362 Posts
everybody going short, i went long... maybe add another lower 
When life gives you lemons, make lemonade
- #552,918
- Oct 21, 2011 9:38am Oct 21, 2011 9:38am
- Joined Mar 2008 | Status: Fooled by randomness | 8,362 Posts
Move is full of bs...no bearish develoment prior to the fall.....should be back to the top before trying another move down
When life gives you lemons, make lemonade
