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Bull City Baby! Buying Opportunities

  • #261
  • Dec 9, 2014 8:45am Dec 9, 2014 8:45am
High risk buying right now. However, I don't think we are going any lower than 118.96, and probably up from curent level. However, it will be safer to wait for the bottom to form...
  • #262
  • Dec 9, 2014 8:46am Dec 9, 2014 8:46am
Quoting benaiah
High risk buying right now. However, I don't think we are going any lower than 118.96, and probably up from curent level. However, it will be safer to wait for the bottom to form...

Indeed no rush! Let the market present the opportunity no reason to force anything.
  • #263
  • Dec 9, 2014 8:56am Dec 9, 2014 8:56am
Quoting Rizmeister
{quote} Indeed no rush! Let the market present the opportunity no reason to force anything.
I like your patience and discipline. But I'm in at 119.08, with SL at 118.95.
  • #264
  • Dec 9, 2014 8:57am Dec 9, 2014 8:57am
Well, unfortunatley my trade is not working out so far. I bought this morning star off the .50 retracement level. Currently down 88 pips. Approaching the .618 retracement level right now. Watching closely. The thing about this pair is that it is so aggressive. I'm thinking that we will see a run up somewhere around this level, and then when we get the election results on Sunday, we could see a big gap up! I'm holding my position, as I feel it was not forced, and it's a good entry! Bears be careful!
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Good luck and may the odds be ever in your favor!
  • #265
  • Dec 9, 2014 9:07am Dec 9, 2014 9:07am
SL hit, but I'll probably try a view times around this level with a 5-10 pip SL...
  • #266
  • Dec 9, 2014 9:08am Dec 9, 2014 9:08am
Quoting benaiah
{quote} I like your patience and discipline. But I'm in at 119.08, with SL at 118.95.

I can't go in when oil is rallying and us markets are selling off. I would highly advise to stay on sidelines...Euro is strengthening and people pumping money back into the yen.

Edit: any one taking longs will only fuel this reversal..

Not only that immediate/strong support was breached...
  • #267
  • Dec 9, 2014 9:13am Dec 9, 2014 9:13am
Now I am afraid it can go through and pull it down much more. Let's see... For now 10min 60pip drop so far and pushing more.
  • #268
  • Dec 9, 2014 9:13am Dec 9, 2014 9:13am
We got a real blood bath today, wait for the dust to settle.
Soar on my wings, you'll touch the hand of God, he'll make you King.
  • #269
  • Dec 9, 2014 9:14am Dec 9, 2014 9:14am
Quoting paka
Now I am afraid it can go through and pull it down much more. Let's see... For now 10min 60pip drop so far and pushing more.

It has broken all MA on 4hr except the 200 day.....which it looks like it could be heading!! See this as an opportunity to get long again... Just be patient....no reason to jump the gun! Big money to be made ahead of us.
  • #270
  • Dec 9, 2014 9:15am Dec 9, 2014 9:15am
oh man dunno what happened but it's like catching a falling knife
  • #271
  • Dec 9, 2014 9:17am Dec 9, 2014 9:17am
Quoting Magnificent7
oh man dunno what happened but it's like catching a falling knife

Indeed we might be sseeing 115.x levels at this rate!! I won't touch this thing until much lower. Have a good day guys. Inbox me if you want to know what I am really doing.
  • #272
  • Dec 9, 2014 9:19am Dec 9, 2014 9:19am
Next level to break 117.40.
  • #273
  • Dec 9, 2014 9:20am Dec 9, 2014 9:20am
Bought again at 118.42, SL 118.11. Not as tight of an SL as I would have liked, but if it doesn't reverse here, I'd be shocked. We'll see if it can get above some key levels...
  • #274
  • Dec 9, 2014 9:21am Dec 9, 2014 9:21am
yes, be careful guys, i think i nearly got margin call few moments ago
  • #275
  • Dec 9, 2014 9:22am Dec 9, 2014 9:22am
Quoting benaiah
Bought again at 118.42, SL 118.11. Not as tight of an SL as I would have liked, but if it doesn't reverse here, I'd be shocked. We'll see if it can get above some key levels...

Draghi and his goons bringing Euro a nice Christmas gift on the downlow!
  • #276
  • Dec 9, 2014 9:25am Dec 9, 2014 9:25am
well I'm glad I shorted some... at least I may be back to break even before it rises again.
  • #277
  • Dec 9, 2014 9:26am Dec 9, 2014 9:26am
Quoting chsortman
well I'm glad I shorted some... at least I may be back to break even before it rises again.

This is going to create some great buying opportunities thats for sure!
  • #278
  • Dec 9, 2014 9:26am Dec 9, 2014 9:26am
Quoting Rizmeister
{quote} This is going to create some great buying opportunities thats for sure!
  • #279
  • Dec 9, 2014 9:26am Dec 9, 2014 9:26am
Quoting chsortman
well I'm glad I shorted some... at least I may be back to break even before it rises again.
oops i think you are in the wrong thread man
  • #280
  • Dec 9, 2014 9:27am Dec 9, 2014 9:27am
.786 level hit...we need to go up from here
Good luck and may the odds be ever in your favor!
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