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  • #900,501
  • May 23, 2014 10:57am May 23, 2014 10:57am
Hmmm.... seems like the bottom pickers have given up.


May be time for me to cover the last 30% of my shorts.
Twitter: @TrendersGame
  • #900,502
  • May 23, 2014 11:00am May 23, 2014 11:00am
Quoting Citiboy
Hmmm.... seems like the bottom pickers have given up. May be time for me to cover the last 30% of my shorts.
or you can hedge with cable shorts, if uncertain
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #900,503
  • May 23, 2014 11:02am May 23, 2014 11:02am
Quoting pedro319
{quote} GBPUSD Going well and more updates over the weekend.
hey owl, you have keen eyes. subscribed.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #900,504
  • May 23, 2014 11:06am May 23, 2014 11:06am
Quoting ill_be_back
Have a GJ Short from last nite @ 171.629, Will let it run over the weekend expecting a big, BIG drop next week
Why do you expect this drop ? It's looking bullish on Daily and I haven't got a signal to sell yet.
Thanks
We watch the charts from every angle so you don't have to!!
  • #900,505
  • May 23, 2014 11:07am May 23, 2014 11:07am
Quoting ffleo
{quote} or you can hedge with cable shorts, if uncertain
shit, that is not hedge if both short euro and cable. Maybe just close and wait for another opportunity
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #900,506
  • May 23, 2014 11:10am May 23, 2014 11:10am
Quoting ffleo
{quote} shit, that is not hedge if both short euro and cable. Maybe just close and wait for another opportunity
or close 2/3 and leave 1/3 to run. if bounce load 1/3 back and another 1/3 higher.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #900,507
  • May 23, 2014 11:15am May 23, 2014 11:15am
Quoting ffleo
{quote} or close 2/3 and leave 1/3 to run. if bounce load 1/3 back and another 1/3 higher.
possible euro bounce

Attached Image (click to enlarge)
Click to Enlarge Name: euro- id81_232.png Size: 45 KB
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #900,508
  • May 23, 2014 11:19am May 23, 2014 11:19am
Quoting ffleo
{quote} hey owl, you have keen eyes. subscribed.
Thanks Ffleo. What are you up to? (trading wise)
We watch the charts from every angle so you don't have to!!
  • #900,509
  • May 23, 2014 11:20am May 23, 2014 11:20am
next monthly pivot for euro is much higher than the current price. 3620 is also a support level for euro. a bounce is highly possible.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #900,510
  • May 23, 2014 11:21am May 23, 2014 11:21am
Quoting pedro319
{quote} Thanks Ffleo. What are you up to? (trading wise)
holding shorts on aussie and cable for possible home run. Just loaded small long euro for its retrace, before another big drop.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #900,511
  • May 23, 2014 11:24am May 23, 2014 11:24am
Quoting ffleo
next monthly pivot for euro is much higher than the current price. 3620 is also a support level for euro. a bounce is highly possible.
just check weekly and monthly pivots. If any of them is missed, that level will be checked later most of the time. we are approaching to the end of May, and June pivot is much higher than the current price. It is highly possible June pivot will be checked before another drop.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #900,512
  • May 23, 2014 11:28am May 23, 2014 11:28am
Quoting ffleo
{quote} just check weekly and monthly pivots. If any of them is missed, that level will be checked later most of the time. we are approaching to the end of May, and June pivot is much higher than the current price. It is highly possible June pivot will be checked before another drop.
is 1.3745 much high?
  • #900,513
  • May 23, 2014 11:31am May 23, 2014 11:31am
Trendline along the white boxes looks interesting?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 166 KB
Twitter: @TrendersGame
  • #900,514
  • May 23, 2014 11:34am May 23, 2014 11:34am
My so lovely EurCad trade from 1.5300 closed!

I will miss you!

Just a note that I tipped this trade here some weeks ago.
Attached Image
  • #900,515
  • May 23, 2014 11:38am May 23, 2014 11:38am
Quoting Rockerzeus
{quote} is 1.3745 much high?
the further down from that pivot level, the better opportunity to long it for a bounce. The tendency is to touch pivot, does not have to pass it.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #900,516
  • May 23, 2014 11:40am May 23, 2014 11:40am
Quoting Citiboy
Trendline along the white boxes looks interesting? {image}
this topic itself is mostly garbage and BS, but honestly, itīs always a pleasure to read your posts!

thank you
just do it
  • #900,517
  • May 23, 2014 11:42am May 23, 2014 11:42am
Took it down to around 10% of my original shorts from 3910. Dont think we will go down much further from here on a strictly weaker EUR basis. A retrace is definitely due, but I think next leg of movement in this pair will be driven by USD strength as opposed to EUR weakness.


I will likely either wait for a nice retrace to add shorts again, or wait for rates volatility to pick up and play USD strength elsewhere.
Twitter: @TrendersGame
  • #900,518
  • May 23, 2014 11:45am May 23, 2014 11:45am
If it wasnīt Friday and that time of day I would have thought of a small long too.

But the risk for a gap down on Sunday is too high.
  • #900,519
  • May 23, 2014 11:47am May 23, 2014 11:47am
Quoting Citiboy
Took it down to around 10% of my original shorts from 3910. Dont think we will go down much further from here on a strictly weaker EUR basis. A retrace is definitely due, but I think next leg of movement in this pair will be driven by USD strength as opposed to EUR weakness. I will likely either wait for a nice retrace to add shorts again, or wait for rates volatility to pick up and play USD strength elsewhere.
UJ just bounced above 101. Like I said before, if UJ stays above 101, euro and cable mostly bearish. This is due to the dollar will be stronger
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #900,520
  • May 23, 2014 11:49am May 23, 2014 11:49am
Quoting CandleStar
If it wasnīt Friday and that time of day I would have thought of a small long too. But the risk for a gap down on Sunday is too high.
how much a gap that would worry you?
ignore wackos and psychos, including myself. But I can't add myself to iggy
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