Also weekly FIB
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- #22,502
- Feb 16, 2012 9:51am Feb 16, 2012 9:51am
- | Membership Revoked | Joined Aug 2011 | 7,263 Posts
Junkiessssssss.....alaways Love ya 
If there was easy money lying around,no one would be forcing it into your
- #22,503
- Feb 16, 2012 9:54am Feb 16, 2012 9:54am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Also weekly FIB
Those who say it cannot be done should not interrupt those who are doing it
hey guys I am new here,
just my little input :
this small risk on rally will be for me only opportunity to sell higher because it seems to be quite risk off enviroment last days...esp. numbers that came out today were not so awesome only regular and maybe a little better than expected unemployment figure....also usd dolar swaps quite widened and it is ussually a sign of a very bad situation in the market.
philly fed came out, better than expected but still i prefer to short it intraday, i will watch PA at 1.3050 and then at 1.3100
i had a feeling that there are some offers at 1.3050 and first touch looked like its true so when it went back there i had a feeling that some double top on 1m may be formed so i sold right 2 seconds before that big candle appeared at 1.3055, i have stop loss 15 pips and i would like to close half at 1.3030 and other half let ride a little bit....looks like im not alone in this trade
we will see how it works out.
- #22,507
- Feb 16, 2012 10:32am Feb 16, 2012 10:32am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
i had a feeling that there are some offers at 1.3050 and first touch looked like its true so when it went back there i had a feeling that some double top on 1m may be formed so i sold right 2 seconds before that big candle appeared at 1.3055, i have stop loss 15 pips and i would like to close half at 1.3030 and other half let ride a little bit....looks like im not alone in this trade
we will see how it works out.
Those who say it cannot be done should not interrupt those who are doing it
- #22,508
- Feb 16, 2012 10:37am Feb 16, 2012 10:37am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Those who say it cannot be done should not interrupt those who are doing it
It's a bit of a higher risk coz it's a very weak supply zone. Good things the bulls are busy getting castrated
it started to looks like like a bullish flag in the meantime, without selling pressure
- #22,511
- Feb 16, 2012 11:08am Feb 16, 2012 11:08am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Those who say it cannot be done should not interrupt those who are doing it
- #22,512
- Feb 16, 2012 11:13am Feb 16, 2012 11:13am
HI!
I am long from 1.3006 since the european morning with a 50 Pip Stop ...
That trade was pretty painful so far ...
I will not give him much more time to develop ... max. 2 hours
BUT ... if we can break the 3030 with an hourly close, we could have an eye on the 3090-3120 area quite soon ... i will wait with short till then, or the internal trendline declining from that area.
otherwise break below 2950 should come soon ...
http://img442.imageshack.us/img442/8699/95683481.jpg
EDIT: sorry for that english......
I would NOT short this now ... fundamentals make technicals fail too often
btw ... where is my next vouch???
- #22,513
- Feb 16, 2012 11:37am Feb 16, 2012 11:37am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
I would NOT short this now ... fundamentals make technicals fail too often
btw ... where is my next vouch???
You were bang on with that 1.3120 call. Good going
Those who say it cannot be done should not interrupt those who are doing it
- #22,514
- Edited 12:04pm Feb 16, 2012 11:48am | Edited 12:04pm
- | Joined Oct 2011 | Status: Why so serious ??? | 436 Posts
Near my S/LADD: Gonna add one more small short. Hoping to cover up atleast the running loss if there is any pull back.
Still i'm bearish.
ADD: Short again @ 3101 with 3140 as S/L. Time is 23:30 hrs local time. Gonna sleep.
Happy Trading !!!
- #22,515
- Feb 16, 2012 12:07pm Feb 16, 2012 12:07pm
If you give me a good reason why you took the trade when you did and not after the 50% fib rejection i will consider it 
50 pips sl thats like piptrapper...
50 pips sl thats like piptrapper...I would NOT short this now ... fundamentals make technicals fail too often
btw ... where is my next vouch???
- #22,516
- Feb 16, 2012 12:33pm Feb 16, 2012 12:33pm
- Joined Apr 2011 | Status: Special | 1,403 Posts
btw ... where is my next vouch???
- #22,517
- Feb 16, 2012 12:35pm Feb 16, 2012 12:35pm
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Those who say it cannot be done should not interrupt those who are doing it
- #22,518
- Feb 16, 2012 2:06pm Feb 16, 2012 2:06pm
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
H1 confluence of resistance at 1.3150
1. 50% Fibo
2. 200ema
3. Falling Trend Line (FTL-2)
4. Reverse Bearish Divergence
5. RSX overbought and turning.
6. Daily R1 resistance
Hmmmm.
ADD: However, I still don't see any sellers jumping in. I'll pass on that for now.
1. 50% Fibo
2. 200ema
3. Falling Trend Line (FTL-2)
4. Reverse Bearish Divergence
5. RSX overbought and turning.
6. Daily R1 resistance
Hmmmm.
ADD: However, I still don't see any sellers jumping in. I'll pass on that for now.
Those who say it cannot be done should not interrupt those who are doing it
- #22,519
- Feb 16, 2012 3:36pm Feb 16, 2012 3:36pm
- Joined Jul 2009 | Status: Winter is coming. Ask Kondratieff. | 8,196 Posts
"I know one thing, that I know nothing." Sokrates
- #22,520
- Feb 16, 2012 3:37pm Feb 16, 2012 3:37pm
- Joined Jul 2009 | Status: Winter is coming. Ask Kondratieff. | 8,196 Posts
"I know one thing, that I know nothing." Sokrates