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  • #68,521
  • Mar 29, 2012 1:54am Mar 29, 2012 1:54am
Quoting PayTheLimit
yea...looks a bit like yesterday..Asia steady, frankie up, thus far anyway, if I was not short already, I would be looking to sell on a test/hold of 3348/56, sure...but if we get a good close thru there, yest high will be close by, and it might snowball...and yes month/quarter end is upon us also...at any rate, good luck mate..
Thanks mate

I am slightly worried about shorts now though with all that ESM and EFSF bs talk on the wires...Thatīs usually pumping EU a lot.
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  • #68,522
  • Mar 29, 2012 1:55am Mar 29, 2012 1:55am
Quoting PayTheLimit
does 3312/14 mean anything to you today?
3313 was the Sidney close days ago
those who can, do. those who cant, talk about those who can
  • #68,523
  • Mar 29, 2012 1:59am Mar 29, 2012 1:59am
Quoting FXMastermind
like carry or just for a quick buck?
we will see im looking for a pretty strong reversal here bro but i wont let it come back to BE

reason why is bc sometimes they will bring it back to retest on the 1hr chart ... especially if its gonna be a decent reversal and that could result in 70 pip swings so ill take what i can and if it looks to be comming back for another dip ill reenter later
  • #68,524
  • Mar 29, 2012 1:59am Mar 29, 2012 1:59am
Quoting FXMastermind
Thanks mate

I am slightly worried about shorts now though with all that ESM and EFSF bs talk on the wires...Thatīs usually pumping EU a lot.
sure, more importantly I am worried that I misplayed/misread 3279, I really figured it to be a key area..a close above said 3348/56 will confirm it I suspect..at any rate, staying short, risking yest/highs...
Look Sharp/Trade Tight
  • #68,525
  • Mar 29, 2012 2:01am Mar 29, 2012 2:01am
ptl 3348 is one i watch. 3393.9 also..3358 is a place to look to s.. bears closed us..
those who can, do. those who cant, talk about those who can
  • #68,526
  • Mar 29, 2012 2:02am Mar 29, 2012 2:02am
Quoting gatorinla
3313 was the Sidney close days ago
cant say I note the Sydney close..
Look Sharp/Trade Tight
  • #68,527
  • Mar 29, 2012 2:03am Mar 29, 2012 2:03am
3329, last hours mid..
Look Sharp/Trade Tight
  • #68,528
  • Mar 29, 2012 2:03am Mar 29, 2012 2:03am
trying a short @ 1.3340 risking 20

USDOLLAR H1:
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Don't be a hero. Don't have an ego. Always question yourself
  • #68,529
  • Mar 29, 2012 2:05am Mar 29, 2012 2:05am
Quoting gatorinla
ptl 3348 is one i watch. 3393.9 also..
ditto 48, but up to 56/58...then I have a minor near 3385..
Look Sharp/Trade Tight
  • #68,530
  • Mar 29, 2012 2:10am Mar 29, 2012 2:10am
Quoting PayTheLimit
sure, more importantly I am worried that I misplayed/misread 3279, I really figured it to be a key area..a close above said 3348/56 will confirm it I suspect..at any rate, staying short, risking yest/highs...
Still stuck in chop zone with Frank/London opening in decision level 1.331x. Just noise intrday the last 3 days.

In ant case, my 2 cents daily and below check the last reversal down in the daily 02/29 as a MIB reference. To the other side 1.328x/6x is last breakout point .....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #68,531
  • Mar 29, 2012 2:14am Mar 29, 2012 2:14am
Just looking ......scrapped my hedging strategy until further notice
" Never let the past hold the future to ransom "
  • #68,532
  • Mar 29, 2012 2:14am Mar 29, 2012 2:14am
Quoting PayTheLimit
sure, more importantly I am worried that I misplayed/misread 3279, I really figured it to be a key area..a close above said 3348/56 will confirm it I suspect..at any rate, staying short, risking yest/highs...
I hear ya...I think this candle is pretty selfexplanatory, retest of former R with follow up (not a SINGLE close below 3312 since then) looks fairly bullish. Itīs tough to rely on patterns lately though, especially this time of the month...
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Quant Hedge Fund CEO
  • #68,533
  • Mar 29, 2012 2:15am Mar 29, 2012 2:15am
Quoting sisse

In ant case, my 2 cents daily and below check the last reversal down in the daily 02/29 as a MIB reference....

sisse
yes I have noted that bar, the mid of that MIB is 3399..and if you call 03/26 a MIB, as a breakout bar, its mid is 3279, which worries me..
Look Sharp/Trade Tight
  • #68,534
  • Mar 29, 2012 2:15am Mar 29, 2012 2:15am
HL , last H4 pierced , bought the near retest of last week low , close on H4 sl at 350 offer 430ish
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  • #68,535
  • Mar 29, 2012 2:17am Mar 29, 2012 2:17am
Quoting PayTheLimit
yes I have noted that bar, the mid of that MIB is 3399..and if you call 03/26 a MIB, as a breakout bar, its mid is 3279, which worries me..
Definitively....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #68,536
  • Mar 29, 2012 2:18am Mar 29, 2012 2:18am
Quoting FXMastermind
I hear ya...I think this candle is pretty selfexplanatory, retest of former R with follow up (not a SINGLE close below 3312 since then) looks fairly bullish. Itīs tough to rely on patterns lately though, especially this time of the month...
sure, but you also have a nice spinner as the high...but yes its late into the month, guys that have to get business done, or who want to paint the close are lurking..
Look Sharp/Trade Tight
  • #68,537
  • Mar 29, 2012 2:20am Mar 29, 2012 2:20am
Quoting PayTheLimit
ditto 48, but up to 56/58...then I have a minor near 3385..
London and ny close contradict... a day for long wicks.. better to stay out.. or play the edges. London was bull.. ny bear. asia bear.. sidney bull.. all small spinners..
those who can, do. those who cant, talk about those who can
  • #68,538
  • Mar 29, 2012 2:20am Mar 29, 2012 2:20am
Quoting sisse
Definitively....

sisse
and the extensions...
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Look Sharp/Trade Tight
  • #68,539
  • Mar 29, 2012 2:26am Mar 29, 2012 2:26am
Quoting PayTheLimit
and the extensions...
Agree with the top level. Daily R @ 1.346x. The other side (1,310x) is a bit far in my charts and 1.308x was already solved (so invalid for loading longs). I go for 1.319x Daily S is strong (and it will become a monthly level on the roll if there is no break up today or Friday....)

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #68,540
  • Mar 29, 2012 2:27am Mar 29, 2012 2:27am
FYI interesting COT figures - EU net short, but rapid decrease (56%, was 65% yesterday), GU also net short, but VERY strong decrease (64%, was 75% yesterday).

As retailers cover their shorts, I might just start looking for place to place mine, hm...
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