In trading, you have to be defensive and aggressive at the same time
Cable Update (GBPUSD)
...
- #323,503
- Sep 5, 2012 2:54am Sep 5, 2012 2:54am
- | Commercial User | Joined Feb 2010 | 2,739 Posts
gold will go to 1672 first then 1652 then 1630
there will stall a bit then 1580 and 1530 as last TP
I hope that by the end of this week I'll see 1672 but gold is slow.....and I'm in @ 1689 soo....I will wait.
as for the rest,could not care less.yesterday I took some buys on GU and made a huge profit but it was a risky trade to go against the top and the 61.8% fibo and double top.....
this is not a market for all.now I sit and wait with that gold open and some other small ones...UCAD on one side needs to go to 0.9802 as per my chart posted months ago but on the other side 0.984X will not give up so up we go to 1.0120 as soon as we close aboe 0.9962
don't ask me how as I'll never tell....but this would mean to have a drop in EU to 1.2200 and still I did not reach my upper target of 1.2764
it's a mad world I tell you
there will stall a bit then 1580 and 1530 as last TP
I hope that by the end of this week I'll see 1672 but gold is slow.....and I'm in @ 1689 soo....I will wait.
as for the rest,could not care less.yesterday I took some buys on GU and made a huge profit but it was a risky trade to go against the top and the 61.8% fibo and double top.....
this is not a market for all.now I sit and wait with that gold open and some other small ones...UCAD on one side needs to go to 0.9802 as per my chart posted months ago but on the other side 0.984X will not give up so up we go to 1.0120 as soon as we close aboe 0.9962
don't ask me how as I'll never tell....but this would mean to have a drop in EU to 1.2200 and still I did not reach my upper target of 1.2764
it's a mad world I tell you
- #323,505
- Sep 5, 2012 3:10am Sep 5, 2012 3:10am
- | Commercial User | Joined Feb 2010 | 2,739 Posts
on GU we are going to test 1.5834-38 in a few minutes
3 minutes
- #323,510
- Sep 5, 2012 3:24am Sep 5, 2012 3:24am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
Ghost Rider - WWTBMD?
- #323,511
- Sep 5, 2012 3:26am Sep 5, 2012 3:26am
- | Commercial User | Joined Feb 2010 | 2,739 Posts
1.5790 looks good as S for now but I see it going lower to 1.5760-40.....so unless I see a perfect entry on smaller TFS I'll wait till then
- #323,512
- Sep 5, 2012 3:26am Sep 5, 2012 3:26am
- Joined Sep 2010 | Status: Life Time Member | 6,685 Posts
- #323,513
- Sep 5, 2012 3:33am Sep 5, 2012 3:33am
- | Commercial User | Joined Feb 2010 | 2,739 Posts
Im still holding
are you a ninja warrior ? I am a diving instructor but I can only hold it for max 4 1/2 min
you rock mate
- #323,515
- Sep 5, 2012 3:36am Sep 5, 2012 3:36am
- Joined Sep 2010 | Status: Life Time Member | 6,685 Posts
your breath ?
I am a diving instructor but I can only hold it for max 4 1/2 min
you rock mate
- #323,517
- Sep 5, 2012 3:44am Sep 5, 2012 3:44am
- | Commercial User | Joined Feb 2010 | 2,739 Posts
This 30 minutes could be critical for the day...
yesterday EU rallied as some confidential info slipped out of Draghi's closed conference..bla bla bla about some 3 yrs bond buying.....
so every minute one smart ass could say something on bloomberg or reuters and market can go up or down.
techs count little nowdays ...but this is my opinion.
- #323,519
- Sep 5, 2012 4:02am Sep 5, 2012 4:02am
- Joined Sep 2012 | Status: Edge,Phsycology And Money Managemen | 1,011 Posts
I am what Many Dream to be but only a few can achieve, im a part of the 1%
- #323,520
- Sep 5, 2012 4:05am Sep 5, 2012 4:05am
- Joined Sep 2012 | Status: Edge,Phsycology And Money Managemen | 1,011 Posts
I am what Many Dream to be but only a few can achieve, im a part of the 1%