a good catch on GJ but will it hold down?
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- #912,183
- Jul 23, 2014 3:43am Jul 23, 2014 3:43am
- Joined Mar 2014 | Status: swimming with floaters and snorkels | 1,157 Posts
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- Jul 23, 2014 3:43am Jul 23, 2014 3:43am
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- Jul 23, 2014 3:44am Jul 23, 2014 3:44am
- Joined Jun 2013 | Status: Trader by hobby not by profession | 7,045 Posts
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- #912,188
- Jul 23, 2014 3:48am Jul 23, 2014 3:48am
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- #912,189
- Jul 23, 2014 3:50am Jul 23, 2014 3:50am
- | Joined Feb 2012 | Status: Giving earnings to the wife | 1,193 Posts
Only thing I see missing rigth now is the no touch of the 161.8
I don't even have a cool signature
- #912,192
- Jul 23, 2014 4:05am Jul 23, 2014 4:05am
- | Commercial User | Joined Feb 2010 | 13,260 Posts
{quote} Closed shorts long for 1.356-1.358. Short above 1.36 if we get there...
edit: mis-read your post, please ignore me
- #912,194
- Jul 23, 2014 4:09am Jul 23, 2014 4:09am
- Joined Oct 2013 | Status: Trader | 1,929 Posts
a good catch on GJ but will it hold down? {image}
I am shorting right below the 173.00 mark now.
On 4H, price is pressure under the 200 sma.
On daily, 175 and 174 already taken out while now 173 is gone too.
On Weekly, plenty room for shorts despite the fact recently rally was all due to the rate hike talk, and today was a 0-0-9 no go on the rate hike.
On the rate voting
"Bank of England officials discussed this month whether there was a case for an early interest rate rise, but there were concerns about hurting the recovery, minutes of their policy meeting showed on Wednesday." - Reuters
If u luv happiness, start w/ discomfort, make friends w/ pain and failure.
100 Hits 0 Miss All Time Return:
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- #912,195
- Jul 23, 2014 4:09am Jul 23, 2014 4:09am
- | Joined Feb 2012 | Status: Giving earnings to the wife | 1,193 Posts
And this is the reason why I dare to check for longs instead of shorts. Even though you have your very bearish candle, when hitting major levels, it's just a candle.. Below is what happend last time we arrived at this level jan/feb. And actually, until now we look just like it, the candle after the bearish one went lower by a couple of pips and then moved north. Today, the same thing, we took it a couple of pips lover and now?!?! Lets see
And to clarify, i'm not saying we're not going lower today. But i'm playing what almost nobody thinks will happen, and that is go north.
And to clarify, i'm not saying we're not going lower today. But i'm playing what almost nobody thinks will happen, and that is go north.
I don't even have a cool signature
- #912,196
- Jul 23, 2014 4:22am Jul 23, 2014 4:22am
- Joined May 2009 | Status: User of Geppy patience pills | 7,645 Posts
{quote} taken some off for +50
Don't be a hero. Don't have an ego. Always question yourself
