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Bull City Baby! Buying Opportunities

  • #341
  • Dec 9, 2014 3:53pm Dec 9, 2014 3:53pm
Charts looking like they're gunna dump
Good luck and may the odds be ever in your favor!
  • #342
  • Dec 9, 2014 3:57pm Dec 9, 2014 3:57pm
Quoting dbutton1990
Charts looking like they're gunna dump
I hear ya, that's why I have an 8 pip SL. So far fight to stay above support. But I think I'm in scalp mode until I see a solid signal on higher time frames...
  • #343
  • Dec 9, 2014 3:59pm Dec 9, 2014 3:59pm
I'm also very impressed with how much movement today, even through the slow time. Was like that yesterday, so I do think we'll get a big move soon. 119.17 was key support. If it breaks that, I'm out again...
  • #344
  • Dec 9, 2014 4:11pm Dec 9, 2014 4:11pm
Bull City Baby!!
  • #345
  • Dec 9, 2014 4:12pm Dec 9, 2014 4:12pm
Still moving up. I'll be watching for any signs of slow down, but right now looks good. SL moved to BE...
  • #346
  • Dec 9, 2014 4:44pm Dec 9, 2014 4:44pm
Mini bear slam, but bulls still alive. Within .8 pip of my BE SL, but still in the trade. If it makes it out of this consolidation, will only solidify the move up.
  • #347
  • Dec 9, 2014 4:51pm Dec 9, 2014 4:51pm
I'm back in long!
Good luck and may the odds be ever in your favor!
  • #348
  • Dec 9, 2014 4:53pm Dec 9, 2014 4:53pm
Quoting dbutton1990
I'm back in long!
  • #349
  • Dec 9, 2014 5:01pm Dec 9, 2014 5:01pm
Needs to break out now, or it may fall back a bit...
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  • #350
  • Dec 9, 2014 5:08pm Dec 9, 2014 5:08pm
For any major regular profit (+20pips), I gently suggest staying on the sidelines before London opens in about 7h. Current 10pips maximum move is like a hardcore scalping, which can go both ways without earlier trace. Right now there is so much bias, even on this thread, in regard to which way the charts will go that I believe any short term entry at this point is a gamble. We all know 125 is the target, plenty of media said this and plenty of us has this target set. I would say, whatever happens before London opens will results in most likely 3-5pip profit. Feel free to correct me if you think I am wrong. These are just my subjective opinions and are merely a cold shower to any unnecessary emotions that spark from time to time and which I find to be harmful to the trades I take. Using surf analogy, my strategy is to wait out and trade when the "swell" comes. Otherwise it is just mere wetting of pants in choppy "waters". I will wait until the "swell" comes.
  • #351
  • Dec 9, 2014 5:15pm Dec 9, 2014 5:15pm
20 pips? I consider 200+ to be a run. scalping 20+ is easy here... but I will agree that the moves prior to london tend to be tentative.
  • #352
  • Dec 9, 2014 5:20pm Dec 9, 2014 5:20pm
Quoting dbutton1990
I'm back in long!
Nice, me too
  • #353
  • Dec 9, 2014 5:20pm Dec 9, 2014 5:20pm
Quoting paka
For any major regular profit (+20pips), I gently suggest staying on the sidelines before London opens in about 7h. Current 10pips maximum move is like a hardcore scalping, which can go both ways without earlier trace. Right now there is so much bias, even on this thread, in regard to which way the charts will go that I believe any short term entry at this point is a gamble. We all know 125 is the target, plenty of media said this and plenty of us has this target set. I would say, whatever happens before London opens will results in most likely 3-5pip...
If you followed posts here today, we've been making good pips on the retrace (for me, 200 so far, 30+ right now not banked yet). And the PA has been very good.

I am trading off of 5 minute chart, as my prior posts have shown, as I don't see a reliable signal on higher time frames yet where I'm comfortable with the R:R. So, I definitely do not see this as a time not to trade. But you are entitled to your opinion.
  • #354
  • Dec 9, 2014 5:21pm Dec 9, 2014 5:21pm
I mean roughly past 4h... I disregard the big dip. Now I focus on next 7h... I just don't expect anything big coming in next 7h. Again, I might be well wrong. All I see for now is just a future outlook-emotion chatter box I try to avoid those moments on every level of life.
  • #355
  • Dec 9, 2014 5:22pm Dec 9, 2014 5:22pm
BTW. Today I made some nice pips as well... Again all I am talking about now is next 7h. If you feel confident trading, please go ahead, I am not trying to enforce my outlook on anyone... Just saying
  • #356
  • Dec 9, 2014 5:23pm Dec 9, 2014 5:23pm
Quoting paka
I mean roughly past 4h... I disregard the big dip. Now I focus on next 7h... I just don't expect anything big coming in next 7h. Again, I might be well wrong. All I see for now is just a future outlook-emotion chatter box I try to avoid those moments on every level of life.
Okay, thanks for posting. But I don't think you'll find anyone who agrees with this. I certainly don't. Last 2 days have been solid price action, even during the "slow time".
  • #357
  • Dec 9, 2014 5:24pm Dec 9, 2014 5:24pm
Back to watching price
  • #358
  • Dec 9, 2014 5:27pm Dec 9, 2014 5:27pm
Quoting benaiah
Back to watching price
China data should take us to 120!
Good luck and may the odds be ever in your favor!
  • #359
  • Dec 9, 2014 5:28pm Dec 9, 2014 5:28pm
2 minutes. Time will tell.
  • #360
  • Dec 9, 2014 5:30pm Dec 9, 2014 5:30pm
Quoting paka
BTW. Today I made some nice pips as well... Again all I am talking about now is next 7h. If you feel confident trading, please go ahead, I am not trying to enforce my outlook on anyone... Just saying
Okay, I don't want to beat this topic to death, but saying the price is not going to move for the next 7 hours? I mean, who can possible even venture to know, what, how, and when the price is going to move? Watch the price. If it moves, trade it. If it doesn't, then don't trade it. Quite simple, really.
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