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  • #12,281
  • Mar 6, 2012 8:34am Mar 6, 2012 8:34am
Quoting T@rantula
yes LTL 3118, also BW confirmed. May add long to cover at 3118. But my 7 days ATR has been overshot..
Covered at 3118 as said, double the position size.

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  • #12,282
  • Mar 6, 2012 8:38am Mar 6, 2012 8:38am
Covered previous countertrend loss , with this one. 1:20 leveraged trade.

EU @ 3128. Done.
  • #12,283
  • Mar 6, 2012 8:42am Mar 6, 2012 8:42am

Quoting T@rantula
Covered previous countertrend loss , with this one. 1:20 leveraged trade.

EU @ 3128. Done.
  • #12,284
  • Mar 6, 2012 8:43am Mar 6, 2012 8:43am
bought some of Dow

12800 RN stop hunt - fading the stops... also hedging my short for a little long scalp
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Have I got something on my face, SOLDIER?
  • #12,285
  • Mar 6, 2012 8:45am Mar 6, 2012 8:45am
Where we are currently.

EU has an intraday resistance at 3165. If it stays below we may expect a continuation to 3075.

Above 3165 3200 can be expected which will lead to 3240.

So, for intraweek/intraday bears all below 3165 is safe play.

3118 trendline held, was tested so a bit of retrace is welcomed again.
  • #12,286
  • Mar 6, 2012 8:46am Mar 6, 2012 8:46am
Quoting BrunargarFx
Excellent support from u guys. You, Black Widow and me saw that TL 3118.

You got your profits too mate. Well done.
  • #12,287
  • Mar 6, 2012 8:48am Mar 6, 2012 8:48am
closed dow scalp +5 pips

and my trial of trying to be a spider scalper... with some leverage totalling 1:10. T advised to be a little more aggresive and still learning..
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closed 2/3 of total position at +13

left last running at BE
Have I got something on my face, SOLDIER?
  • #12,288
  • Mar 6, 2012 8:51am Mar 6, 2012 8:51am
Quoting bumapatria
closed dow scalp +5 pips

and my trial of trying to be a spider scalper... with some leverage totalling 1:10. T advised to be a little more aggresive and still learning..
Attachment

closed 2/3 of total position at +13

left last running at BE
Yes, scalps are always made with higher leverage due to small stops and confined target profit.
  • #12,289
  • Mar 6, 2012 8:55am Mar 6, 2012 8:55am
as for AU and EU setups to go long - id have to wait for daily closes to be sure of the "ending price" of today.

and g2g now take care guys! hungry need to eat
Bru - u aint the only guy buying hehe

bye
Have I got something on my face, SOLDIER?
  • #12,290
  • Mar 6, 2012 9:05am Mar 6, 2012 9:05am
Thursday is day where Greece default will be on the table...again..

So the market has established 3165 resistance for this day. 3118 has been touched but i reckon it will be broken. Another long setup can be found close to 3075-77 level.
  • #12,291
  • Mar 6, 2012 9:12am Mar 6, 2012 9:12am
I know I'm not the only one but more bulls with large positions would be nice


Quoting bumapatria
as for AU and EU setups to go long - id have to wait for daily closes to be sure of the "ending price" of today.

and g2g now take care guys! hungry need to eat
Bru - u aint the only guy buying hehe

bye
  • #12,292
  • Mar 6, 2012 9:15am Mar 6, 2012 9:15am
HERE is the lines on the chart...
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  • #12,293
  • Mar 6, 2012 9:20am Mar 6, 2012 9:20am
HERE is the RSI view of the downtrend...
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  • #12,294
  • Mar 6, 2012 9:27am Mar 6, 2012 9:27am
closed L: -3
t'was worth the try
  • #12,295
  • Mar 6, 2012 9:27am Mar 6, 2012 9:27am
Quoting Kambooj
HERE is the lines on the chart...
Hey bro Nice to see you around
  • #12,296
  • Mar 6, 2012 9:29am Mar 6, 2012 9:29am
AUD drop good too bad i know that but didn't get in with good price
  • #12,297
  • Mar 6, 2012 9:30am Mar 6, 2012 9:30am
Quoting BrunargarFx
closed L: -3
t'was worth the try
Thought u were gonna close around 3130, as we had a resistance there...Ur entry was good..
  • #12,298
  • Mar 6, 2012 9:34am Mar 6, 2012 9:34am
Yes, I was busy for a while, still have to do your GBP/USD charts.

Quoting egkid
Hey bro Nice to see you around
  • #12,299
  • Mar 6, 2012 9:34am Mar 6, 2012 9:34am
Im done for the day.

Watch 3130 3165 to the upside and 3112 for a possible break. 3090 and 3075 next.

If 3130 gets broken 3145 and 3155 are targets prior to a test of 3165.

If u got ur profits for today ALWAYS go with smaller poundage and risk profit not equity.

Remember we are risk managers That is the only way to make u successful longer term.
  • #12,300
  • Mar 6, 2012 9:37am Mar 6, 2012 9:37am
Let say I had higher expectations

Quoting T@rantula
Thought u were gonna close around 3130, as we had a resistance there...Ur entry was good..
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