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  • #554,721
  • Oct 26, 2011 2:45pm Oct 26, 2011 2:45pm
Quoting ThisPip
I advise not to short now. Equities Future are pulling it back up for the Summit anticipation, i see it in front of my eyes.
Technicals are out for the moment. Wait for Summit News.

Be in the market b4 the news hit. Use protection..
S&P500 should be tough to break for now.. Also USD/CHF is reaching some important support.. You're right tho, perhaps it would have been better to sit out some. Doesn't take away I took note of this and included a small SL only

http://img850.imageshack.us/img850/1...explabet2s.gif
  • #554,722
  • Oct 26, 2011 2:46pm Oct 26, 2011 2:46pm
ups, seems to get out of steam. Better maybe just wait for the news
and hop on. Crazy shit.
  • #554,723
  • Oct 26, 2011 2:47pm Oct 26, 2011 2:47pm
Quoting ThisPip
ups, seems to get out of steam. Better maybe just wait for the news
and hop on. Crazy shit.
where are you watching news?
Lets do this...
  • #554,724
  • Oct 26, 2011 2:48pm Oct 26, 2011 2:48pm
How many pips do you expect from the news? And which way?
  • #554,725
  • Oct 26, 2011 2:50pm Oct 26, 2011 2:50pm
Quoting jcminvest
where are you watching news?

cnbc or bloomberg for example, should announce in the next 30 Minutes
if they are on time.

http://www.bloomberg.com/tv/
  • #554,726
  • Oct 26, 2011 2:52pm Oct 26, 2011 2:52pm
trades volume estimations are still above average for this daytime. I believe, we need to wait just a little. More traders are waiting than usually
  • #554,727
  • Oct 26, 2011 2:53pm Oct 26, 2011 2:53pm
Did i miss that? What China does is also buy European Bonds
Big Time? Like saving Europes Ass
  • #554,728
  • Oct 26, 2011 2:54pm Oct 26, 2011 2:54pm
im still holding onto a short from 1.385
Lets do this...
  • #554,729
  • Oct 26, 2011 2:54pm Oct 26, 2011 2:54pm
my target is 1.406x for another short; tp 1.326x; sl 1.41x
  • #554,730
  • Oct 26, 2011 2:55pm Oct 26, 2011 2:55pm
SL to BE if some more space is allowed soon.. Then just hoping the news will turn out bearish and that my SL will cover some possible up spikes when news kicks in ( I doubt tho ). Just seeing it as a jackpot if there's bad news coming out considering the amount of space we have left to fall in that case..
  • #554,731
  • Oct 26, 2011 2:55pm Oct 26, 2011 2:55pm
Quoting -JaZ-
trades volume estimations are still above average for this daytime. I believe, we need to wait just a little. More traders are waiting than usually
Yes, got stoped out in a short and in a long, small.
Kinda lost my fundies touch for a moment.
  • #554,732
  • Oct 26, 2011 2:56pm Oct 26, 2011 2:56pm
Quoting Robertk
SL to BE if some more space is allowed soon.. Then just hoping the news will turn out bearish and that my SL will cover some possible up spikes when news kicks in.

good stuff, if you had a decent entry you should be just fine
  • #554,733
  • Oct 26, 2011 2:57pm Oct 26, 2011 2:57pm
Lets do this...
  • #554,734
  • Oct 26, 2011 2:59pm Oct 26, 2011 2:59pm
this sucks ya
Lets do this...
  • #554,735
  • Oct 26, 2011 3:02pm Oct 26, 2011 3:02pm
RSI(9) on M5 chart showing divergence for a fall.....any thoughts?
Lord, Liar, Lunatic. Those are only 3 options to Christ's diety claim.
  • #554,736
  • Oct 26, 2011 3:04pm Oct 26, 2011 3:04pm
this is damn lazy-crazy action. Are all those fat-fingered guys having break/coffe now? Seems like all wait till Mercozy comes out to the stage

http://video.consilium.europa.eu/default.aspx
  • #554,737
  • Oct 26, 2011 3:05pm Oct 26, 2011 3:05pm
Looks like D1 building a diamond pattern.. need 2 more days to complete it.. and hopefully on Monday.. the major crash will happened.. yea.. im speculating.. got nothing better to do.. *yawn*
  • #554,738
  • Oct 26, 2011 3:07pm Oct 26, 2011 3:07pm
Quoting capstone
RSI(9) on M5 chart showing divergence for a fall.....any thoughts?
Forget RSI or anything like that, focus on learning to judge the behaviour of price to speculate which level it is likely to go next.
  • #554,739
  • Oct 26, 2011 3:08pm Oct 26, 2011 3:08pm
CNBC Breaking News: French President Plans to Speak to China About Getting Involved in European Bailout
RM
  • #554,740
  • Oct 26, 2011 3:09pm Oct 26, 2011 3:09pm
Quoting Ultimate6
Forget RSI or anything like that, focus on learning to judge the behaviour of price to speculate which level it is likely to go next.
Just to add on, for example currently price has been pushing up against 3900 - 10 for the past 2 hours.
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