Close below 1.036 ish = bearish tomorrow to break below 1.0795 ish
- #1,045,523
- Dec 17, 2015 11:30am Dec 17, 2015 11:30am
- Joined Apr 2013 | Status: I'm learnding! | 8,973 Posts
{quote} Is that your private fetish room?
The chair costs extra
- #1,045,525
- Dec 17, 2015 11:46am Dec 17, 2015 11:46am
- Joined Dec 2008 | Status: Trader | 2,931 Posts
persistence and determination alone are omnipotent
- #1,045,527
- Edited 1:08pm Dec 17, 2015 11:47am | Edited 1:08pm
- | Joined Aug 2012 | Status: Junior Member | 93 Posts
Hi everyone... my time at this writing is 3:02am @GMT 8+ {quote} There is a possibility we could end up from now to the end of month with the highest price will be @1.08 and low is 1.05... so I've modified my pending order within that expectation range... we'll see how this goes on... {image}
- #1,045,528
- Dec 17, 2015 11:51am Dec 17, 2015 11:51am
Come on in... {image}
...you're too funny...i was short and tried to fade it but it ended up fading me a couple of big ones so I bailed...I'll be back...but not now
Think 4D: History, Future, Now and Noise
- #1,045,529
- Edited 12:11pm Dec 17, 2015 11:56am | Edited 12:11pm
- Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
long crude, short UC
believe me im not a moron, i know what type of market this is, and if you are shorting oil here, you are chasing
from a momentum standpoint, it's bearish.. but from a valuation standpoint its certainly bullish.. i don't care how great the supply is.
this is the phase of the market that suckers everyone in, then it violently reverses, just as EU did.
if you wanted to be an oil bear, you should have been one at $100+
similarly, if you wanted to be a Euro bear, you should have been one at 1.35+
the meat of these trades are over.. sure they could squeeze out another 10-20%, but 80%-90% of the trade is over already (talking long term)..i do think oil could go to $20 but it seems more likely it will consolidate in the $35-$50 range for 6 months before that happens
now if we get a clear break on $32.50 it might be time to get bearish (from a momentum standpoint, not valuation), because we would have a major structure breakdown which would send us quickly to $25
don't care about hiding lot size anymore, hope you all had a good time with those EU short
believe me im not a moron, i know what type of market this is, and if you are shorting oil here, you are chasing
from a momentum standpoint, it's bearish.. but from a valuation standpoint its certainly bullish.. i don't care how great the supply is.
this is the phase of the market that suckers everyone in, then it violently reverses, just as EU did.
if you wanted to be an oil bear, you should have been one at $100+
similarly, if you wanted to be a Euro bear, you should have been one at 1.35+
the meat of these trades are over.. sure they could squeeze out another 10-20%, but 80%-90% of the trade is over already (talking long term)..i do think oil could go to $20 but it seems more likely it will consolidate in the $35-$50 range for 6 months before that happens
now if we get a clear break on $32.50 it might be time to get bearish (from a momentum standpoint, not valuation), because we would have a major structure breakdown which would send us quickly to $25
don't care about hiding lot size anymore, hope you all had a good time with those EU short
Be hopeful in a winning position, and fearful in a losing position.
- #1,045,530
- Dec 17, 2015 12:00pm Dec 17, 2015 12:00pm
do not stand out in the open with gun ;stand in the bushes with knife..
- #1,045,531
- Dec 17, 2015 12:04pm Dec 17, 2015 12:04pm
long crude, short UC believe me im not a moron, i know what type of market this is, and if you are shorting oil here, you are chasing from a momentum standpoint, it's bearish.. but from a valuation standpoint its certainly bullish.. i don't care how great the supply is. this is the phase of the market that suckers everyone in, then it violently reverses, just as EU did. if you wanted to be an oil bear, you should have been one at $100+ similarly, if you wanted to be a Euro bear, you should have been one at 1.35+ the meat of these trades are over.....
Think 4D: History, Future, Now and Noise
- #1,045,532
- Dec 17, 2015 12:05pm Dec 17, 2015 12:05pm
my last trade today DAX long off R1 I will move stop to BE early given time of day flat everywhere else except UJ long position beer timetrade wisely {image}
Do you trade DAX through MT4?
My broker does not have such option...
Thanks
- #1,045,533
- Dec 17, 2015 12:15pm Dec 17, 2015 12:15pm
- Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
Be hopeful in a winning position, and fearful in a losing position.
- #1,045,535
- Dec 17, 2015 1:17pm Dec 17, 2015 1:17pm
- | Joined Oct 2015 | Status: Trader | 42 Posts
man, my charts are so sensitive to S/R lines that, when a buy/sell order is placed, chart automatically thinks they are resistance/support lines respectively and goes the other way..i feel like, if i trade against me, i can make much better profit..
I'm pretty much a noob still but lately, I rarely get any trades against me. I'm just playing around scalping a bit with a 1000 account still, though, but live account, I'm not careful enough with demo. I'd probably have more losers if I was going for more pips (maybe have more positive pips in the end, too) but I'm just trying to avoid losing trades at the moment.
Oh, and I trade from phone a lot hence the screenshot... probably not the best idea...
The one main lesson I learned in that short time... they will try to get your tight stop.
- #1,045,536
- Dec 17, 2015 1:23pm Dec 17, 2015 1:23pm
- Joined Jan 2014 | Status: Less is more ... | 9,059 Posts
{quote} Nope, here's mine The chair costs extra {image}
Fix up, trade sharp ...
- #1,045,537
- Dec 17, 2015 1:28pm Dec 17, 2015 1:28pm
- Joined Oct 2007 | Status: I'm on a 10 year plan. | 4,309 Posts
"Keep your eyes on the helpers" - Mr. Rogers
- #1,045,538
- Dec 17, 2015 1:31pm Dec 17, 2015 1:31pm
- Joined Apr 2013 | Status: I'm learnding! | 8,973 Posts
