I will start posting my every move from now on if the market doesn't move too fast. Still only trading .1 lot until my account is built up; and will also take more risks as I have more to play with. I take trading DEAD serious.
{quote} who you calculate your stop?
2780
or so. I suspect no double bottom there but the formations will be similar to today. Friday at close maybe a double to reverse position
2640?
I usually only depend on double-taps if they are within 15 mins or so; or with a .45 pistol
Hopefully, I will be well in green to maybe risk a long for the weekend. I've been wrong before, though... once, haha! This will stay level for a while, perhaps hours or all night. You men and women with better charts can hit more accurate prices, since I go with highs and lows. I was grossly wrong not long ago, wanting to short from 3065 last week and we went to almost 3200
But I'm back on track now. Of course, things can always change, depending on the prices the market sets.
- #798,244
- May 15, 2013 7:32pm May 15, 2013 7:32pm
{quote} I don't have access to the beautiful charts ya'll post. Gator and many others posted floor resistance 2780 or so. I suspect no double bottom there but the formations will be similar to today. Friday at close maybe a double to reverse position 2640? I usually only depend on double-taps if they are within 15 mins or so; or with a .45 pistol Hopefully, I will be well in green to maybe risk a long for the weekend. I've been wrong before, though... once, haha! This will stay level for a while, perhaps hours or all night. You men and women with...
good to know i m pretty confident that this current resistance would be a stone wall and i ll keep on shorting at this level with tight sl
- #798,252
- May 15, 2013 8:19pm May 15, 2013 8:19pm
- | Membership Revoked | Joined Mar 2009 | 16,693 Posts
- #798,253
- May 15, 2013 8:20pm May 15, 2013 8:20pm
- Joined Apr 2012 | Status: Trader | 1,054 Posts
My view for Eur/usd:
Price should find some solid support at current levels. I think big money is already buying euro. Chances of testing previous bottom 1.2740/45 is less. I'll be a buyer at current levels. Below 1.2740--> 1.2660 and 1.2520.
Price should find some solid support at current levels. I think big money is already buying euro. Chances of testing previous bottom 1.2740/45 is less. I'll be a buyer at current levels. Below 1.2740--> 1.2660 and 1.2520.
When Scalpers win, I lose and Vice varsa...
- #798,257
- May 15, 2013 8:55pm May 15, 2013 8:55pm
- Joined Jan 2011 | Status: Ordinary Members | 10,684 Posts
Mohan
- #798,258
- May 15, 2013 8:56pm May 15, 2013 8:56pm
- Joined Nov 2012 | Status: Trader | 13,922 Posts
The More You Learn, The More You Earn.....
- #798,260
- May 15, 2013 9:01pm May 15, 2013 9:01pm
- Joined Jan 2010 | Status: Trader | 11,001 Posts
{quote} with all the targets lying around (2840, 2832 (yours 28!? data feed difference?, another 2822..) 850's should'nt be a problem for a fat algo bastard
London will definitely not pass on testing it. The current PA is typical 'nibbling', 'til it gives way.