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  • #584,921
  • Jan 18, 2012 12:34am Jan 18, 2012 12:34am
I thought it would go down to at least 2680 but even at 2720 I could have banked at least 2%. I'm back in the green, at least in one of my accounts, so I should recover but I wonder how far down it will go...

I would think it would test the 2680 and maybe 2650 but now I'm perplexed.

Any thoughts.
Taigen Profit This Month: na
  • #584,922
  • Jan 18, 2012 12:37am Jan 18, 2012 12:37am
Quoting Taigen
I thought it would go down to at least 2680 but even at 2720 I could have banked at least 2%. I'm back in the green, at least in one of my accounts, so I should recover but I wonder how far down it will go...

I would think it would test the 2680 and maybe 2650 but now I'm perplexed.

Any thoughts.

still can happen. actually shortcovering took it higher to 1.2800. You can even get 1.29 so don't be surprised.
  • #584,923
  • Jan 18, 2012 12:43am Jan 18, 2012 12:43am
What does the crew think of selling at the retest of 2770 if we see it?
  • #584,924
  • Jan 18, 2012 12:46am Jan 18, 2012 12:46am
Quoting Taigen
I thought it would go down to at least 2680 but even at 2720 I could have banked at least 2%. I'm back in the green, at least in one of my accounts, so I should recover but I wonder how far down it will go...

I would think it would test the 2680 and maybe 2650 but now I'm perplexed.

Any thoughts.
Taigen Im not position trading, had to work through the night to recover from the loser yesterday. Waiting for H4 to close before I get clarity. In 15 minutes.
  • #584,925
  • Jan 18, 2012 12:49am Jan 18, 2012 12:49am
Quoting Taigen
I thought it would go down to at least 2680 but even at 2720 I could have banked at least 2%. I'm back in the green, at least in one of my accounts, so I should recover but I wonder how far down it will go...

I would think it would test the 2680 and maybe 2650 but now I'm perplexed.

Any thoughts.
there was allot of conjection at .2780 and price DOESNOT LOVE CONJESTION ! so it failed ...
Down she comes
  • #584,926
  • Jan 18, 2012 12:50am Jan 18, 2012 12:50am
Quoting GSGill
What does the crew think of selling at the retest of 2770 if we see it?
Go for it . ! what do you have to loose when the overall trend is down !
  • #584,927
  • Jan 18, 2012 12:56am Jan 18, 2012 12:56am
Should I say something?................. Just took last sip of my Smirnoff.
The Thief of Wall Street
  • #584,928
  • Jan 18, 2012 12:59am Jan 18, 2012 12:59am
Quoting sdcasper
can we consider this a modified h&s.
I dont think so...
Patience, Emotion Control and Discipline.
  • #584,929
  • Jan 18, 2012 12:59am Jan 18, 2012 12:59am
Quoting Chicky
Should I say something?................. Just took last sip of my Smirnoff.
go ahead bro. where is ur brother incredible ?

Is he looting the arab's account and blowing them ?
  • #584,930
  • Jan 18, 2012 1:02am Jan 18, 2012 1:02am
Quoting GSGill
What does the crew think of selling at the retest of 2770 if we see it?

I favour a retrace off the H1 TL @ 1.275x back to the 1.279x area maybe even 1.281x before a drop.
  • #584,931
  • Jan 18, 2012 1:03am Jan 18, 2012 1:03am
Quoting Chicky
Should I say something?................. Just took last sip of my Smirnoff.
Gotta be black label if Im gonna sip, vodka's gotta be a shot down the hatch. Gotta try that sometime, trading and drinking, on a demo first. (I dont see it ending well in a live account.)
  • #584,932
  • Jan 18, 2012 1:06am Jan 18, 2012 1:06am
Quoting MaxDoom
I favour a retrace off the H1 TL @ 1.275x back to the 1.279x area maybe even 1.281x before a drop.
good to see you bro. big fan of your views here. So can we sell at 1.2810 or would be risky there since shorts might start covering and might just take out 1.2850.
  • #584,933
  • Jan 18, 2012 1:07am Jan 18, 2012 1:07am
Quoting MaxDoom
I favour a retrace off the H1 TL @ 1.275x back to the 1.279x area maybe even 1.281x before a drop.
yeah i partly agree but the rejection from 2786 looks convincing ATM. Lets see I do have a short pending.
  • #584,934
  • Jan 18, 2012 1:09am Jan 18, 2012 1:09am
Quoting GSGill
yeah i partly agree but the rejection from 2786 looks convincing ATM. Lets see I do have a short pending.
gill saab don't rush. markets not in favour of shorts now. shorts will be added arnd 1.29 levels.
  • #584,935
  • Jan 18, 2012 1:11am Jan 18, 2012 1:11am
now looks sell?

Attached Image (click to enlarge)
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  • #584,936
  • Jan 18, 2012 1:15am Jan 18, 2012 1:15am
Well I took a shot of scotch and entered short hehe
  • #584,937
  • Jan 18, 2012 1:16am Jan 18, 2012 1:16am
Quoting Nachiket
good to see you bro. big fan of your views here. So can we sell at 1.2810 or would be risky there since shorts might start covering and might just take out 1.2850.

morning and thanks.

need to see the PA look for where it stalls out and rolls over on M1/M5 for a scalp low or M5/M15 for a trade. Hopefully that will coincide with the levels we are expecting to give a clearer higher probability signal to short.

Agree about the danger of stops above 1.2815 but waiting for the roll over should take care of that and reduce the risk.
  • #584,938
  • Jan 18, 2012 1:16am Jan 18, 2012 1:16am
Still long from yesterday - have a reverse order at 1.2790. She is approaching the daily downward trend line, so will look to add shorts there. Good luck to all.
May the forex be with you |
  • #584,939
  • Jan 18, 2012 1:20am Jan 18, 2012 1:20am
Quoting Nachiket
go ahead bro. where is ur brother incredible ?

Is he looting the arab's account and blowing them ?
Incrediblle just gave me a call. He feels at home in the seventh level of hell.

Looting arab account and blowing up! Is any of these two things new? Let him have his share.
The Thief of Wall Street
  • #584,940
  • Jan 18, 2012 1:23am Jan 18, 2012 1:23am
Quoting Chicky
Incrediblle just gave me a call. He feels at home in the seventh level of hell.

Looting arab account and blowing up! Is any of these two things new? Let him have his share.
its a good thing to have lots on oil beneath our feet.....in such case money doesnt exists no one cares about money any more
Trade responsiblypatience is the key/Swing trader
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