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Price is everything

  • #24,441
  • Dec 2, 2011 9:15am Dec 2, 2011 9:15am
UCAD sold
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  • #24,442
  • Dec 2, 2011 9:23am Dec 2, 2011 9:23am
Quoting Dropped Onion
good morning Red. i'm long cable

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  • #24,443
  • Dec 2, 2011 9:26am Dec 2, 2011 9:26am
Closed all short gu au nu eu scalps for very good pips and left runners on eu au nu..What a great morning. I think I actually have a smile....

Thank you RED and PIE TRADER NATION!!!
  • #24,444
  • Dec 2, 2011 9:43am Dec 2, 2011 9:43am
Current S&P shows me it still has some gas in the tank with a few more hours. Have had some success with Friday sell off maybe not today?...
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  • #24,445
  • Dec 2, 2011 9:51am Dec 2, 2011 9:51am
Nice thread and simply powerful analysis
Been watching Red long time ago
May I Join this thread


Thanks
If there was easy money lying around,no one would be forcing it into your
  • #24,446
  • Dec 2, 2011 10:01am Dec 2, 2011 10:01am
Quoting redsword11
Attachment
still holding longs, but its consolidating at base of that spike. diamond formed.
  • #24,447
  • Dec 2, 2011 10:02am Dec 2, 2011 10:02am
Quoting anthoniex
UCAD sold
stopped out
possible reverse
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  • #24,448
  • Dec 2, 2011 10:03am Dec 2, 2011 10:03am
Quoting Dropped Onion
closing position here
HI, D O, sorry to bother you again.
How did you make the desicion to jump out there? The strong momentum of the current bear bar?
or where is your hard stop below? I think your style is a little bit different to RED. good trade!
That should also be a touch trade.
  • #24,449
  • Dec 2, 2011 10:07am Dec 2, 2011 10:07am
Quoting Dropped Onion
still holding longs, but its consolidating at base of that spike. diamond formed.


in @ 1.55950 adding @ 1.55850
  • #24,450
  • Dec 2, 2011 10:10am Dec 2, 2011 10:10am
Quoting bobowang
HI, D O, sorry to bother you again.
How did you make the desicion to jump out there? The strong momentum of the current bear bar?
That should also be a touch trade.
Hey B. exited due to the following...

 

  1. testing the waters after big drop. demand zone could have been better
  2. had a slight pop up and then back to entry. exit - preserve equity
  3. cable was approaching a cleaner demand area
  4. so closed EU longs and puts the funds into cable longs
  5. lastly, you pay to enter and see how prices react. you then react to PA

  • #24,451
  • Dec 2, 2011 10:14am Dec 2, 2011 10:14am
Quoting redsword11
in @ 1.55950 adding @ 1.55850
demand level has halted prices. enough momentum to sustain rising prices?
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  • #24,452
  • Dec 2, 2011 10:19am Dec 2, 2011 10:19am
That pair has it out for me too, taking more than giving. Finding it hard to get a good bead form AU NU USDX or Brent. HAs a mind of it's own.....

I think I'll stay away from her for a bit..

Quoting anthoniex
stopped out
possible reverse
  • #24,453
  • Dec 2, 2011 10:26am Dec 2, 2011 10:26am
Hi DO, plz note bear flag EU possible..GL! with R @ 1.3400

Quoting Dropped Onion
demand level has halted prices. enough momentum to sustain rising prices?
  • #24,454
  • Dec 2, 2011 10:27am Dec 2, 2011 10:27am
Quoting redsword11
in @ 1.55950 adding @ 1.55850


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1.55950 out @ entry, filled lower
  • #24,455
  • Dec 2, 2011 10:33am Dec 2, 2011 10:33am
Quoting Chillypiper
Hi DO, plz note bear flag EU possible..GL! with R @ 1.3400
Hey ChillyP. EU flag noted. focused on cable
  • #24,456
  • Dec 2, 2011 10:37am Dec 2, 2011 10:37am
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All out. Time to sleep. See you guys next week
  • #24,457
  • Dec 2, 2011 10:43am Dec 2, 2011 10:43am
OK. I use fiber to tell me what cable will do most the time sir, but not allways. I know you know this...GL!

Quoting Dropped Onion
Hey ChillyP. EU flag noted. focused on cable
  • #24,458
  • Dec 2, 2011 10:46am Dec 2, 2011 10:46am
Quoting Chillypiper
OK. I use fiber to tell me what cable will do most the time sir, but not allways. I know you know this...GL!
got it - thanks.
  • #24,459
  • Dec 2, 2011 10:49am Dec 2, 2011 10:49am
Could not resist...

small size.
Attached Image
  • #24,460
  • Dec 2, 2011 10:56am Dec 2, 2011 10:56am
Quoting MitchWorse
Could not resist...

small size.
Closed for scalps.

have a nice weekend!
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