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  • #611,721
  • Mar 19, 2012 12:01pm Mar 19, 2012 12:01pm
Quoting turmaz
ppl with longs are looking for 1.3276-79 they want atleast 139 pips from 1.3141 the bull pole which orignally started from 1.30484
actually today i too expected this and hedged my posn @ 3190 with TP 3276 but i changed my tp only because of 50% retrace and shorted again 3259

and i covered my 70 pips loss by doing so and at the mean time if my current shorts paid off @ 3176 then i will be in profit right a way this is how im managing my shorts
Wheren't you short around 1,3060 & 1,3090 ?
COT: The precious data ignored
  • #611,722
  • Mar 19, 2012 12:02pm Mar 19, 2012 12:02pm
Quoting Likerty
1.3245 still acts as resistance (it was spiked by insane momentum but it's still here) and we reached average daily range + divergence forming on H1 so I'm betting on retracement at least to half of last H4 candle.

...And r:r ratio is very clear and tight so it's worth trying
excellent post,I managed to short...with same idea

whats ur tp?
There is no substitute of hard work and experience. $ € £ ¥
  • #611,723
  • Mar 19, 2012 12:02pm Mar 19, 2012 12:02pm
everything goes up and down except the pound, it only goes up and the yen it is only goes down
When life gives you lemons, make lemonade
  • #611,724
  • Mar 19, 2012 12:02pm Mar 19, 2012 12:02pm
Quoting Likerty
1.3245 still acts as resistance (it was spiked by insane momentum but it's still here) and we reached average daily range + divergence forming on H1 so I'm betting on retracement at least to half of last H4 candle.

...And r:r ratio is very clear and tight so it's worth trying
Yeah, that's true. Right now, it isn't clear to me which way this would be headed. Either way, i'm done for trading for today, so i'll just be content to sit back and observe.
Learn to see what's there, not what you want to see.
  • #611,725
  • Mar 19, 2012 12:06pm Mar 19, 2012 12:06pm
Quoting micho
everything goes up and down except the pound, it only goes up and the yen it is only goes down
Yeah, just in my opinion, i think the YEN has started a new long term downtrend which could be in place for a while.
Learn to see what's there, not what you want to see.
  • #611,726
  • Mar 19, 2012 12:08pm Mar 19, 2012 12:08pm
Can anyone entertain me??? Feeling so bored here.. I need more volatility
  • #611,727
  • Mar 19, 2012 12:08pm Mar 19, 2012 12:08pm
Hi ppl im new here will try to learn from some of the experienced here. did lil bit of study lets c how it goes?
  • #611,728
  • Mar 19, 2012 12:10pm Mar 19, 2012 12:10pm
Quoting TraderBoyFF
Yeah, just in my opinion, i think the YEN has started a new long term downtrend which could be in place for a while.
i think its just interference to push the prices up/down then at one stage bring it back where it belongs in one day lol...
When life gives you lemons, make lemonade
  • #611,729
  • Edited 12:27pm Mar 19, 2012 12:10pm | Edited 12:27pm
Long order placed at 3230 sl 20pips ( i will remove it if it makes a new high)
  • #611,730
  • Mar 19, 2012 12:11pm Mar 19, 2012 12:11pm
Quoting micho
i think its just interference to push the prices up/down then at one stage bring it back where it belongs in one day lol...
Yeah if you know the day when that happens, be sure to tell me about it because that would be a huge move.

Learn to see what's there, not what you want to see.
  • #611,731
  • Mar 19, 2012 12:11pm Mar 19, 2012 12:11pm
get ur parachute we soon will jump down


http://www.inkity.com/shirtdesigner/...1/CCC02649.png
There is no substitute of hard work and experience. $ € £ ¥
  • #611,732
  • Mar 19, 2012 12:13pm Mar 19, 2012 12:13pm
Quoting kuroro001
Wheren't you short around 1,3060 & 1,3090 ?
correct !

my shorts are 3055 50 lots which i coverd @ 3100

now holding 300 lots
3073, 3093, 3112, average 3092

hedged 300 @ 3190 took profit @ 3159 due to 50% retrace my orignal TP was 3276, 139 pips the size of pole

took short 300 again @ 32597 with TP 3176 or manual TP
  • #611,733
  • Mar 19, 2012 12:15pm Mar 19, 2012 12:15pm
Quoting pip.com
buddy whats ur account size?
with 007 zeros

lol$$$$
  • #611,734
  • Mar 19, 2012 12:16pm Mar 19, 2012 12:16pm
Quoting pip.com
get ur parachute we soon will jump down


http://www.inkity.com/shirtdesigner/...1/CCC02649.png
hahah i love sky diving wihaaaaa...

by the way, USDCAD looking delicious too
When life gives you lemons, make lemonade
  • #611,735
  • Mar 19, 2012 12:16pm Mar 19, 2012 12:16pm
Quoting pip.com
get ur parachute we soon will jump down


http://www.inkity.com/shirtdesigner/...1/CCC02649.png

Haahahahahahahahah..... OOPS!!! You seem to be jumping down....
  • #611,736
  • Mar 19, 2012 12:17pm Mar 19, 2012 12:17pm
Quoting TraderBoyFF
Yeah if you know the day when that happens, be sure to tell me about it because that would be a huge move.

well we are in bonus territory now, short GPBJPY and when it falls you will be in + lol
When life gives you lemons, make lemonade
  • #611,737
  • Mar 19, 2012 12:17pm Mar 19, 2012 12:17pm
reload short at @3241 same tp at @3080 if channel holds... else SL
  • #611,738
  • Mar 19, 2012 12:17pm Mar 19, 2012 12:17pm
Quoting turmaz
with 007 zeros

lol$$$$
cool
There is no substitute of hard work and experience. $ € £ ¥
  • #611,739
  • Mar 19, 2012 12:18pm Mar 19, 2012 12:18pm
Quoting pip.com
excellent post,I managed to short...with same idea

whats ur tp?
I will wait and see where to put TP's cause now I dount have a clue..
WIll watch: 1.3207 1.3190

I have two orders and I'm thinking to let one run without tp with SL at BE...
69
  • #611,740
  • Mar 19, 2012 12:20pm Mar 19, 2012 12:20pm
Shorts won't go very far...maybe down to 1,3205-10.
But another test of 1,3260 rejected and we may be up for a slight correction

1,3350 still remains the target
COT: The precious data ignored
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