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08-20-2009, 05:12 AM #22876
It's OK, close half of the position at 1.42 (IF it gets there) and move the stop on the other half to BE.
Originally Posted by JKnPA
08-20-2009, 05:16 AM #22877
i am already with you.lol
Originally Posted by Hafiz Zulkefli
when the trade go below 1.4215 keep in mind things are coming more close to your favour.
when it trades below 1.4208 keep your short open.
for the above things to happen, market should break 1.4224 level.
keep an eye on these.
upside level 38-42.
Last edited by sibi; 08-20-2009 at 05:18 AM.
08-20-2009, 05:28 AM #22878
Covered my shorts with a small profit and adopted wait and see approach for now. We can break out either way. Upside limited to 4300 and downside to 4150, imho. Mixed signals atm, USDx up and so is the oil and market futures. We'll see.
Quick glance at 4H:
08-20-2009, 05:57 AM #22879
Hey Guys, be advised that later today, 8:30 EST, we will have the US Jobless Claims coming out. If that number is bigger than expected, dollar will lose value against GBP and EUR.
JPY could also be affected, but I don't believe it will be that much.
08-20-2009, 06:17 AM #22880
08-20-2009, 07:03 AM #22881
Originally Posted by Vilgax
tell me about it!
cant wait for it to just drooooooooppppppp
08-20-2009, 07:17 AM #22882
Just for the "chance"....took a small long position @ 4216 with SL 4180. NFP # may come in higher than expected.
08-20-2009, 07:29 AM #22883
took some profit.
closed my short.
Originally Posted by Snoog
took a lil profit.
and am sitting and waiting for the real trend.
08-20-2009, 07:43 AM #22884
If anyone is looking for a medium term swing (beyond scalping) direction, I would suggest you have a look of the 8H chart. The pattern there is very telling.
08-20-2009, 07:48 AM #22885
a pull back towards 1.4402 you mean?
Originally Posted by Franosh
Last edited by sibi; 08-20-2009 at 08:09 AM.
08-20-2009, 08:08 AM #22886
i feel this is a dead forum when all experts went from forum. no one is here now
08-20-2009, 08:14 AM #22887
it had to pull back because there was a gap on 1M between 4235 and 4236
Originally Posted by sibi
08-20-2009, 08:16 AM #22888
Hey, we've still got Sean Hyman...so there you go!
Originally Posted by foxycar
08-20-2009, 08:16 AM #22889
Why did they all leave?
Where is the Gbp/jpy forum?
08-20-2009, 08:18 AM #22890
You're right, the 4 and the 8 hour chart shows a bear channel, all the others are a bit messy.
Originally Posted by Vilgax
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