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  • #12,781
  • Mar 13, 2012 2:08pm Mar 13, 2012 2:08pm
At 50% currently.

This will be my stop for the short
  • #12,782
  • Mar 13, 2012 2:11pm Mar 13, 2012 2:11pm
Thanks,
Really hope we crack this level now coz so far, it's our best shot at it

1.3080 is rubbish as Res.

Quoting Vladimir1987
Nice trades guys.

Wish i wouldn't close the firs short so quickly.

Giving it another shot at hour close for continuation.
  • #12,783
  • Mar 13, 2012 2:14pm Mar 13, 2012 2:14pm
It's make or break for me, i have put all my SL @ 1.3094. This way I still bank what was left from 1.317 this morning and I make 1pip on my last trade

Breaking 1.3050 would be huge, i'll sleep well tonite

I'll leave it at that, will check it later
GL to all shorts
  • #12,784
  • Mar 13, 2012 2:16pm Mar 13, 2012 2:16pm
Quoting BrunargarFx
Thanks,
Really hope we crack this level now coz so far, it's our best shot at it

1.3080 is rubbish as Res.
Really appreciate ur heads up!!

I wondered today where u got the 3147 level... Fried my brain on the 5min TF, then switched to 1H and it was so obvious...

Thanks a lot


Moved stop to 3090 two points above 50%- 17pips.

I entered at 3073 at the hour close... Will wait for that 15min candle if some fuel is left for 3066 to move my SL to BE.

EDIT: moved SL to BE and S/O
  • #12,785
  • Mar 13, 2012 2:28pm Mar 13, 2012 2:28pm
You are welcome m8.
You could have asked for level I would have told you. Sorry I cant post charts that easily but I always try to explain.

Look how it reacts on 1.3064.
Momentum is vanishing, we need to crack this level fast now


Quoting Vladimir1987
Really appreciate ur heads up!!

I wondered today where u got the 3147 level... Fried my brain on the 5min TF, then switched to 1H and it was so obvious...

Thanks a lot

EDIT: moved SL to BE.
Moved stop to 3090 two points above 50%- 17pips.

I entered at 3073 at the hour close... Will wait for that 15min candle if some fuel is left for 3066 to move my SL to BE.
  • #12,786
  • Mar 13, 2012 2:32pm Mar 13, 2012 2:32pm
PS: regarding 3147, what's great is when we have confluence of views here. Even if no trade is ever guranteed to succeed, it always makes me more confident when T or BW (or any other good trader in trhis trade) come up with same levels.
  • #12,787
  • Mar 13, 2012 2:40pm Mar 13, 2012 2:40pm
Old rule is that big news are traded in the major trend direction. 3083 is hourly PP 3052 next support then it goes 3040 3020
  • #12,788
  • Mar 13, 2012 2:56pm Mar 13, 2012 2:56pm
Possible DT on USDX, if we don't break this level soon I'll close my trade
  • #12,789
  • Mar 13, 2012 3:09pm Mar 13, 2012 3:09pm
Today i think i went looking for the levels on a wrong TF.

I got S/O made some not worth the day but anyway.

Dont know but this 3122 is quite possible for tomorrow if Asia dont break the low.


T was thinking of selling at 3870 to get some bigger points for today but went with the momentum. Sometimes i just dont know if its going just to continue the fall with no 50% so entered at hour close.
It was a bad trade quite a drawdown for some small pips but ok just that its not a loss.

Going back to read Trading in the zone.

See you all tomorrow.
  • #12,790
  • Mar 13, 2012 3:26pm Mar 13, 2012 3:26pm
Closed all @ 1.3073
  • #12,791
  • Mar 14, 2012 2:12am Mar 14, 2012 2:12am
Have this demand level on 1H TF.

And some intraday resistances.

Attached Image (click to enlarge)
Click to Enlarge Name: 2012-03-14_0808.jpg Size: 93 KB
  • #12,792
  • Mar 14, 2012 2:26am Mar 14, 2012 2:26am
Quoting Vladimir1987
Have this demand level on 1H TF.

And some intraday resistances.

Attachment
Vladmir,

A very nice chart and have simlar thoughts..

have a nice day

BW
Be sensitive to subtle differences between 'intuition' and 'into wishing.
  • #12,793
  • Mar 14, 2012 2:32am Mar 14, 2012 2:32am
Quoting BlackWid0w
Vladmir,

A very nice chart and have simlar thoughts..

have a nice day

BW

Thank you.

Just the wright actions are needed now .

You to pal.
  • #12,794
  • Mar 14, 2012 2:43am Mar 14, 2012 2:43am
Quoting egkid
TP@3050 NEED 10 PIP TO HIT
Morning all
Patience is good
sell limit@3170 TP Hit@3050
  • #12,795
  • Mar 14, 2012 3:02am Mar 14, 2012 3:02am
congrats m8
Quoting egkid
Morning all
Patience is good
sell limit@3170 TP Hit@3050
  • #12,796
  • Mar 14, 2012 3:10am Mar 14, 2012 3:10am
Good chart.
I have the same but also looking at H&S pattern on daily. Now that we have broken the neckline, there may be more to come to the downside but we need a close below for confirmation (it's a huge H&S).

Yesterday I close all my short. Didn't want to leave my positions opened overnight. I'm travelling for work today so won't get much opportunities to trade but 1.30 would be a nive target if I was.

all the best - hope you enjoy trading in the zone. I got the audiobook as well and always enjoy relistening to it every so often...

Quoting Vladimir1987
Have this demand level on 1H TF.

And some intraday resistances.

Attachment
  • #12,797
  • Mar 14, 2012 3:16am Mar 14, 2012 3:16am
Quoting T@rantula
For mid term-intraweek traders who hold the trades Id go with

E:3130-50
S:3335
Tp:2870

Bear in mind 3130 is a strong resistance zone
Good morning guys, Intraweek analysis is valid, intraweek traders should move stops just above 3210
  • #12,798
  • Mar 14, 2012 3:20am Mar 14, 2012 3:20am
Quoting BrunargarFx
congrats m8
U did very well in ur last trade
Looking forward for more great trades
  • #12,799
  • Mar 14, 2012 3:22am Mar 14, 2012 3:22am
Quoting T@rantula
Good morning guys, Intraweek analysis is valid, intraweek traders should move stops just above 3210
Morning bro
Can you post ur Levels for G/U for today
  • #12,800
  • Mar 14, 2012 3:26am Mar 14, 2012 3:26am
Quoting egkid
Morning bro
Can you post ur Levels for G/U for today
Hey bro here it goes:

CABLE levels:

Bullish: 1.5694 1.5705 1.5721 1.5738 1.5755 1.5766

Median: 1.5671

Bearish: 1.5649 1.5638 1.5621 1.5604 1.5587 1.5577
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