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  • #711,681
  • Oct 26, 2012 5:09am Oct 26, 2012 5:09am
Some big traders were underwater after NY close seems and bought price up to cover their positions and now its ready to drop.

There was no any short-covering because there was no any news at critical price level.
They think they are smarter than I am.
  • #711,682
  • Oct 26, 2012 5:11am Oct 26, 2012 5:11am
Chicky where is the magic bull?
Even the worst trade can close with profit. Just give it time.
  • #711,683
  • Oct 26, 2012 5:12am Oct 26, 2012 5:12am
Opened EURUSD at 1.2931 nd shorting TP at 1.2900 hope that it will hit that area in 1 or 2 hours...
  • #711,684
  • Oct 26, 2012 5:12am Oct 26, 2012 5:12am
pff

ok
s/o with ease!

yestr and td
-72

in 2x on cable

fook em all!

add -8 on cable

at least week still green
  • #711,685
  • Oct 26, 2012 5:14am Oct 26, 2012 5:14am
Quoting John Gray
Chicky where is the magic bull?
if you click on my last page chart you will see picture more clearly and try to find where the real magic is
Learning Requires Failure
  • #711,686
  • Oct 26, 2012 5:15am Oct 26, 2012 5:15am
Quoting MaxDoom
another test of 15 could be on the cards here...
Good call there Max
  • #711,687
  • Oct 26, 2012 5:17am Oct 26, 2012 5:17am
interesting to see how she reacts here.

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  • #711,688
  • Oct 26, 2012 5:19am Oct 26, 2012 5:19am
would like to see it clear 29 for a bigger move
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  • #711,689
  • Oct 26, 2012 5:20am Oct 26, 2012 5:20am
Quoting MaxDoom
would like to see it clear 29 for a bigger move
I heard it's a barrier, any news how big?
They think they are smarter than I am.
  • #711,690
  • Oct 26, 2012 5:20am Oct 26, 2012 5:20am
Quoting cs1
Good call there Max
thanks
  • #711,691
  • Oct 26, 2012 5:21am Oct 26, 2012 5:21am
Quoting Z3iz3i
I heard it's a barrier, any news how big?
no - we will have to judge it by how long it has to process bids at the level
  • #711,692
  • Oct 26, 2012 5:23am Oct 26, 2012 5:23am
Quoting MaxDoom
ummm we seem to be at odds again
good job there max!

you played it perfectly!
  • #711,693
  • Oct 26, 2012 5:24am Oct 26, 2012 5:24am
EU is trending but last day of week so how deep it will go, let's see...
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  • #711,694
  • Oct 26, 2012 5:26am Oct 26, 2012 5:26am
Quoting 21vs7
good job there max!

you played it perfectly!
thanks chap
  • #711,695
  • Oct 26, 2012 5:27am Oct 26, 2012 5:27am
When u think the torrent of bad news is getting full , an extra piece add ...

http://www.cnbc.com/id/49564732
"It's the Margin, Stupid."
  • #711,696
  • Oct 26, 2012 5:28am Oct 26, 2012 5:28am
I tried a 3 week break to re-focus, I've lasted a day before losing discipline. Think I'm going to call it a day for 2012, still have a mental block that's stopping me sticking to rules. Have a gambling mentality which I'm going to have to find some way to lose, otherwise I will not make trading work
  • #711,697
  • Oct 26, 2012 5:30am Oct 26, 2012 5:30am
Reason for earlier shenanigans for longs...3rd touch in demand ==> so that wouldnt hold for much longer. We should head towards 2860 area now. What do u guys think?
Attached Image (click to enlarge)
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  • #711,698
  • Oct 26, 2012 5:33am Oct 26, 2012 5:33am
Quoting Alexone
Reason for earlier shenanigans for longs...3rd touch in demand ==> so that wouldnt hold for much longer. We should head towards 2860 area now. What do u guys think?
pending short below 1.29
Even the worst trade can close with profit. Just give it time.
  • #711,699
  • Oct 26, 2012 5:40am Oct 26, 2012 5:40am
Well, it took a while, but we've finally crossed the channel.

Now i wait for next signal, will we get rejected off the box, or will we enter.
If rejected i'd wait for a re-test before going long. if we enter i'd wait for the break-out and the re-test before to enter.

[EDIT] we clearly entered the box... wait and see now for me
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  • #711,700
  • Oct 26, 2012 5:40am Oct 26, 2012 5:40am
i expect bounce from 2895/6 back to 2960
Learning Requires Failure
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