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  • #14,741
  • May 29, 2012 2:49am May 29, 2012 2:49am
Seems 2566 as said is important today. Look how it is reacting...
  • #14,742
  • May 29, 2012 2:50am May 29, 2012 2:50am
trying short 1.25666 SL 11 pips
  • #14,743
  • May 29, 2012 3:00am May 29, 2012 3:00am
Finally broken, we go up. Targets to the upside 2594 2607 2625 2640
  • #14,744
  • May 29, 2012 3:01am May 29, 2012 3:01am
Quoting Chika Kure
trying short 1.25666 SL 11 pips
It tried hard to get down, 2566-70 but was kept at DPP.
  • #14,745
  • May 29, 2012 3:11am May 29, 2012 3:11am
Quoting Chika Kure
trying short 1.25666 SL 11 pips
Closed 2/3 on +7.5 pips, rest on BE
  • #14,746
  • May 29, 2012 3:26am May 29, 2012 3:26am
Quoting Chika Kure
Closed 2/3 on +7.5 pips, rest on BE
Smart move and good SL!

We are having the retracement on m5/m15. Would like to see 2545-40 for long possibility with tight SL.
  • #14,747
  • May 29, 2012 3:30am May 29, 2012 3:30am
Looking at EU, Cable, AU, Gold and Dow CFDs.... everywere pretty boring PA, which means IMO that we could see some breaks. Dont want to take any chances.

EU DP at my chart is 25531... mofo is holding well for now
  • #14,748
  • May 29, 2012 3:37am May 29, 2012 3:37am
Quoting Chika Kure

EU DP at my chart is 25531... mofo is holding well for now
2570 was broken, but 2575..that level I dont have here. That only tells me that we are prone to more P, even higher TFs need better retracement. 2680 is ideal.

My DPP here is 2562 and is calculated by GMT time.
  • #14,749
  • May 29, 2012 3:51am May 29, 2012 3:51am
Closed the rest - last 1/3 on +14... ah inpatience... .... what a donkey

ADDON: uuups... maybe it was good close after all - would not mind taking a break
  • #14,750
  • May 29, 2012 3:55am May 29, 2012 3:55am
Quoting T@rantula
Smart move and good SL!

We are having the retracement on m5/m15. Would like to see 2545-40 for long possibility with tight SL.
Got in very quickly @ 2546 10 pips booked ( 1/2 of entry closed). Stops at BE now.
  • #14,751
  • May 29, 2012 4:04am May 29, 2012 4:04am
Quoting T@rantula
Got in very quickly @ 2546 10 pips booked ( 1/2 of entry closed). Stops at BE now.
Im looking for 2594-2615
  • #14,752
  • May 29, 2012 4:05am May 29, 2012 4:05am
Quoting T@rantula
Got in very quickly @ 2546 10 pips booked ( 1/2 of entry closed). Stops at BE now.

I cant hit momentum for quite some time, its frustrating... will take a break and try again in NY session. Sluggish so far, except from Cable north push earlier.
  • #14,753
  • May 29, 2012 4:18am May 29, 2012 4:18am
Quoting Chika Kure

I cant hit momentum for quite some time, its frustrating... will take a break and try again in NY session. Sluggish so far, except from Cable north push earlier.
Momentum trades are best exploited on breakouts, above example is a pure buy the dips scenario as intraday trend is slightly bullish
  • #14,754
  • May 29, 2012 4:36am May 29, 2012 4:36am
Quoting T@rantula
Got in very quickly @ 2546 10 pips booked ( 1/2 of entry closed). Stops at BE now.
I havent closed this for more, 2nd part has hit BE, so it was +10 overall.

PA @ 2545, we may have a momentum shift now, that puts us in the range again. Lower levels are mentioned above.
  • #14,755
  • May 29, 2012 4:41am May 29, 2012 4:41am
E:2546
SL:2566
TP:2515

Trying to exploit momentum shift. Using 1/2 standard lot size.
  • #14,756
  • May 29, 2012 4:55am May 29, 2012 4:55am
Quoting T@rantula
E:2546
SL:2566
TP:2515

Trying to exploit momentum shift. Using 1/2 standard lot size.
2523 closing all. ( all u who got with full position scale out/close).

+23 pips

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  • #14,757
  • May 29, 2012 5:33am May 29, 2012 5:33am
Range trapped as I presumed. Waiting for NY for clearer trend direction or again..range play
  • #14,758
  • May 29, 2012 7:37am May 29, 2012 7:37am
PA still around the median point. Range play today, we can still see the highs. 2509 is intraday support
  • #14,759
  • May 29, 2012 10:45am May 29, 2012 10:45am
2509 broken, we may touch 2496-75. I havent traded BO, but thats it. I will come with mid term analysis soon but i can see 2350 soon.
  • #14,760
  • May 29, 2012 12:05pm May 29, 2012 12:05pm
Hi T.
USDX tagged the 61.8% from monthly hi-low fib retracement.
Lets see how it reacts.
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