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  • #14,681
  • May 22, 2012 5:30am May 22, 2012 5:30am
Quoting T@rantula
+10 scaling out stops at BE, SL missed by 1.2 pips.
2745 closing all +20
  • #14,682
  • May 22, 2012 5:31am May 22, 2012 5:31am
missed entry (thought this was going to touch 1.279
Reopened S: 1.276, SL 1.279
TP 1.272
Quoting T@rantula
+10 scaling out stops at BE, SL missed by 1.2 pips.
  • #14,683
  • May 22, 2012 5:35am May 22, 2012 5:35am
Quoting T@rantula
2745 closing all +20
where you closed i opened

short @ 2751 sl 2775
Attached Image (click to enlarge)
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  • #14,684
  • May 22, 2012 5:38am May 22, 2012 5:38am
Quoting Chika Kure
Allways nice to have small spread. I would not survive that with mine 2.7 pips spread. Banked 5 pips only on cable short, for which I obviously wasnt patient enough. Also have small stake on Gold short from 1580.34 (SL 1583).
Yes my usual spread is 0.5-0.8 pips EU
  • #14,685
  • May 22, 2012 5:40am May 22, 2012 5:40am
Quoting huskyboy
where you closed i opened

short @ 2751 sl 2775
Quoting BrunargarFx
missed entry (thought this was going to touch 1.279
Reopened S: 1.276, SL 1.279
TP 1.272
All your positions are technically valid.
  • #14,686
  • May 22, 2012 5:44am May 22, 2012 5:44am
Quoting Chika Kure
... Also have small stake on Gold short from 1580.34 (SL 1583).
+37 now.... SL on BE
Target: Oblivion

Addon:
Scaled out some on +34, hero or zero rest
Attached Image (click to enlarge)
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  • #14,687
  • May 22, 2012 5:56am May 22, 2012 5:56am
SL @ BE, I can't stay to manage the trade and don't want to risk anything
Quoting T@rantula
All your positions are technically valid.
  • #14,688
  • May 22, 2012 6:57am May 22, 2012 6:57am
Well done guys. Risk management is of utter importance.
  • #14,689
  • May 22, 2012 6:57am May 22, 2012 6:57am
Quoting Chika Kure


Scaled out some on +34, hero or zero rest
well that "rest" on gold was obviously BE... nevertheless, something in the bag, probably done for today
  • #14,690
  • Edited 7:32am May 22, 2012 7:17am | Edited 7:32am
long @ 1.2765 sl 2754
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  • #14,691
  • May 22, 2012 11:45am May 22, 2012 11:45am
Quoting Chika Kure
Also have small stake on Gold short from 1580.34 (SL 1583).
Quoting danc
Currently short 2755.. based on 1 min river
Quoting huskyboy
where you closed i opened

short @ 2751 sl 2775
Quoting BrunargarFx
missed entry (thought this was going to touch 1.279
Reopened S: 1.276, SL 1.279
TP 1.272
Quoting T@rantula
Ill be trying a short.

E:2765
SL:2775
TP:2720

Reasons: Swing down, 2765 resistance confluence, low risk and h4 downtrend.
Generally we have been all on the same page. Keep up the good work. Live trading and live calls are meant to be for real traders.

You who read our thread - read it carefully, it might save ur accounts; )

See you tomorrow guys!

T
  • #14,692
  • May 22, 2012 11:52pm May 22, 2012 11:52pm
Long EU at 2770.. bias mainly because of 1 hr raw charts of ...EUUD and USDxand pivots at or around the current area..Have taken possie and will use shorter term charts to add to if it moves
  • #14,693
  • May 23, 2012 12:00am May 23, 2012 12:00am
Cable 1 hr .. watching this also.. will look to buy above 5760..66.. use shorter term price action to put me in..hoz lines represent pivots and time lines..
Attached Image (click to enlarge)
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  • #14,694
  • May 23, 2012 12:13am May 23, 2012 12:13am
Quoting danc
Long EU at 2770..
Morning danc! You mean 2670 ...
  • #14,695
  • May 23, 2012 12:14am May 23, 2012 12:14am
Quoting danc
Cable 1 hr .. watching this also.. will look to buy above 5760..66.. use shorter term price action to put me in..hoz lines represent pivots and time lines..
Looks like i got that wrong... should have been watching 10 min ago.. wonder if Eu same same fate
  • #14,696
  • May 23, 2012 12:20am May 23, 2012 12:20am
Hey guys!

Pay attention to 2645 2625 on EU, those levels are crucial.

2672 is median point 2700 is intraday resistance and LPH. Higher TFs scream sell. Lets see.

5756 is median point for cable 5733 5725 5717 5713 are levels to the downside 5766 5774 5784 5794 5800 to the upside.
  • #14,697
  • May 23, 2012 12:30am May 23, 2012 12:30am
Quoting danc
Long EU at 2770.. bias mainly because of 1 hr raw charts of ...EUUD and USDxand pivots at or around the current area..Have taken possie and will use shorter term charts to add to if it moves
You might b right mate, it jumps off the median, we might have an hourly buy on EU...its a retracement again but need to b careful. Cluster of levels lie around us.

Double bottom on EU also.
  • #14,698
  • May 23, 2012 12:35am May 23, 2012 12:35am
Yes, we have double bottom on cable as well (looking at H4), like on euro.

So, we could see some pullback... I am long Gold - small position because it droped like a brick yesterday afternoon, so I am expecting now nice pullback.

Long 1560.55
SL 1555, TP 1572
(will cut bronto if everything falls apart, hence pos. small)
  • #14,699
  • May 23, 2012 12:46am May 23, 2012 12:46am
Quoting Chika Kure
Yes, we have double bottom on cable as well (looking at H4), like on euro.

So, we could see some pullback... I am long Gold - small position because it droped like a brick yesterday afternoon, so I am expecting now nice pullback.

Long 1560.55
SL 1555, TP 1572
(will cut bronto if everything falls apart, hence pos. small)
GL with gold mate, you know how to trade it

As for cable, you are perfectly right but if it cuts thru double bottom there will be no sign of retrace it will target 5615. We need to wait 9.30 gmt- news release.
  • #14,700
  • May 23, 2012 12:53am May 23, 2012 12:53am
Quoting Chika Kure
(will cut bronto if everything falls apart, hence pos. small)
Cutted that on small loss, dont like PA on everything, dont like it didnt breach 1562.50 fast... I had only +17, price just hit Yesterday low (1561.25) and this just could be a shallow retracement and then down again, or I just overreacted.
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