many people find a good short in here.. 
AM Signal Provider
- #46,402
- Aug 7, 2012 7:46am Aug 7, 2012 7:46am
- | Joined Jun 2009 | Status: nothing new under the sun | 1,428 Posts
Allah has permitted trade and has forbidden interest [koran]
- #46,403
- Aug 7, 2012 7:57am Aug 7, 2012 7:57am
- Joined May 2010 | Status: Simple chart is the best... | 2,014 Posts
many people find a good short in here..
30M and 1H bars close in ten minutes.
Some pairs have already pulled breaks on, while the others still strugling with momentum.
I don't like what GOLD is doing now, producing "false breakout" signals for impatient traders, so irracional and tricky.
Same on S&P 500 , hehehe, you can watch "LIVE" how false signals are made
Read Charts - Not Papers
- #46,404
- Aug 7, 2012 8:00am Aug 7, 2012 8:00am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
PipTrapper - do you still long usd/cad? It looks like it's getting closer to ideal place to long it at around 9956 and 9935..
It is only a matter of time before this all reverses.
Admittedly it has gone much further than I originally anticipated, but that just gives me all the more reason to hold.
Those who say it cannot be done should not interrupt those who are doing it
- #46,405
- Aug 7, 2012 8:10am Aug 7, 2012 8:10am
- Joined May 2010 | Status: Trader | 2,004 Posts
Yes. Just like my E/U shorts, I am keeping my U/CAD longs.
It is only a matter of time before this all reverses.
Admittedly it has gone much further than I originally anticipated, but that just gives me all the more reason to hold.
69
- #46,406
- Aug 7, 2012 8:11am Aug 7, 2012 8:11am
- Joined May 2010 | Status: Simple chart is the best... | 2,014 Posts
Yeah, looks nice
30M and 1H bars close in ten minutes.
Some pairs have already pulled breaks on, while the others still strugling with momentum.
I don't like what GOLD is doing now, producing "false breakout" signals for impatient traders, so irracional and tricky.
Same on S&P 500 , hehehe, you can watch "LIVE" how false signals are made
They were nice bullish candles all hour long, only to turn bearish 7 minutes before closing.
Funny, just wondering how this is gonna end in next hour or two
gold & SP500
Read Charts - Not Papers
- #46,407
- Aug 7, 2012 8:13am Aug 7, 2012 8:13am
- Joined Dec 2011 | Status: Don't put all ur eggs in one basket | 3,453 Posts
Some pictures to see WHY YOU ALWAYS NEED TO HAVE YOUR "BAR CLOSED"
They were nice bullish candles all hour long, only to turn bearish 7 minutes before closing.
Funny, just wondering how this is gonna end in next hour or two
gold & SP500
Attachment
Attachment
- #46,408
- Aug 7, 2012 8:30am Aug 7, 2012 8:30am
Yeah, looks nice
30M and 1H bars close in ten minutes.
Some pairs have already pulled breaks on, while the others still strugling with momentum.
I don't like what GOLD is doing now, producing "false breakout" signals for impatient traders, so irracional and tricky.
Same on S&P 500 , hehehe, you can watch "LIVE" how false signals are made
Gold Fall from Sky..
AM Signal Provider
- #46,409
- Aug 7, 2012 8:34am Aug 7, 2012 8:34am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Those who say it cannot be done should not interrupt those who are doing it
- #46,410
- Aug 7, 2012 8:58am Aug 7, 2012 8:58am
- | Joined Jun 2009 | Status: nothing new under the sun | 1,428 Posts
Allah has permitted trade and has forbidden interest [koran]
- #46,411
- Aug 7, 2012 9:05am Aug 7, 2012 9:05am
457 is the critical number price has to close above it,i am seeing a very strong resistance there.more likely price may stall here.if it break then 530/60 is the area i am looking to short this sucker.
add:i am flat now,closed the remaining position with another 65 pips in green
AM Signal Provider
- #46,412
- Aug 7, 2012 9:11am Aug 7, 2012 9:11am
- | Joined Jun 2009 | Status: nothing new under the sun | 1,428 Posts
hey PT,on s&p ur 1400 is broken.very strong urge for me to enter short position here.i will try to dip my toes to see how it goes.
Allah has permitted trade and has forbidden interest [koran]
- #46,413
- Aug 7, 2012 9:20am Aug 7, 2012 9:20am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
hey PT,on s&p ur 1400 is broken.very strong urge for me to enter short position here.i will try to dip my toes to see how it goes.
Those who say it cannot be done should not interrupt those who are doing it
- #46,416
- Aug 7, 2012 9:26am Aug 7, 2012 9:26am
- | Joined Jun 2009 | Status: nothing new under the sun | 1,428 Posts
s&p still 1.399.89, 1.400 not broken yet
Allah has permitted trade and has forbidden interest [koran]
- #46,420
- Aug 7, 2012 9:33am Aug 7, 2012 9:33am
- | Joined Dec 2009 | Status: Bear | 1,009 Posts
hey PT,on s&p ur 1400 is broken.very strong urge for me to enter short position here.i will try to dip my toes to see how it goes.