Cable.. i feel this is an up..could be wrong but thats my bias
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- #15,283
- Jul 5, 2012 9:58am Jul 5, 2012 9:58am
- | Commercial User | Joined Feb 2010 | 14,361 Posts
Hey T.
Hope you are keeping well. Working a lot atm, so not much time to come to the thread.
Good calls (As usual). I don't have your TP of 1.2350 (can you explain).
We have a H&S pattern forming on Daily. Break of 1.2408 (neckilne) should bring it down to the 1.205 level (final Target).
Waiting for ADP atm, may be roviding a good opportunity to reload S for those who missed the boat
Its the number i have been seeing as very important. 2364 has been touched, we will go more down. Sell the rallies 
- #15,285
- Jul 5, 2012 6:06pm Jul 5, 2012 6:06pm
- | Joined Dec 2010 | Status: Trader | 2,426 Posts
yep,I have been doing that since 1.26
Ill show u the chart later
- #15,288
- Jul 6, 2012 2:40am Jul 6, 2012 2:40am
- | Joined Dec 2010 | Status: Trader | 2,426 Posts
Indeed. If you go against the trend, you can deleverage, so that any pip you make is extra (waiting for a position to go with the trend) and you don't expose yourself too much.
We've all been there
We've all been there
Yeah.. u rite B.. Thou i go to hard agnst trend.. have to go bit slower and dont be locked into a bias..giving my self good talk to at mo..
- #15,292
- Jul 6, 2012 5:50am Jul 6, 2012 5:50am
- | Commercial User | Joined Feb 2010 | 14,361 Posts
Crack Call TTT.. ingnore your calls at my own peril... which i some times do..Hell of a CALL........
You trade your plan, nothing wrong with that Danc.
Besides, you are never guaranteed of the outcome so it really is a question of risk management at the end...
All the best
In the end it comes to MM and risk control. One advice thou. Dont counter the trend until it comes to a range play. Sometimes its very hard to counter the trend where is no retracement. Its called direct drop/rise and we need to calculate the potential target and when it comes close to target observe the PA then enter or skip the entry. For me, countering has always been less profitable, then following the trend. - #15,293
- Jul 6, 2012 5:52am Jul 6, 2012 5:52am
- | Commercial User | Joined Feb 2010 | 14,361 Posts
EUUD.. 15 min StUFF iT i am short2395
Thats it, free pips
We are ranging until NFP release which will provide volatility.
If 2350 gets broken 2310 is the target. To the upside 2400, 2420, 2430 ( DPP) and 2440 are observed.
- #15,295
- Edited 8:52am Jul 6, 2012 8:37am | Edited 8:52am
- | Commercial User | Joined Feb 2010 | 14,361 Posts
:
If 2350 gets broken 2310 is the target.
Its 13.35 GMT,14:35 London time, 15:35 here, Wall street has opened up. SPike up then a probable sell.
Always watch and wait for the reaction on that particular time of the day. You will see how the price reacts, usually spikes in reverse direction then continues to follow the trend/range.
Here it goes: SPike up, then continues following the trend.
- #15,300
- Jul 7, 2012 8:44am Jul 7, 2012 8:44am
- Joined May 2011 | Status: grizzly long gone | 2,427 Posts
Don't get mad, get even!