Except for that there is over 1000 pips in that H&S that it is building between now and Your threshold.
6 months is a long time to have a position thats dying (wink)
.
Put on the monthly chart and take a look...do you see any sign of reversal?
it is working till it is not....keep it running...it already gave me enough for the year...all other trades are just gas money (talking about my trades that I place intraday/weekly)
Last edited by adam6655nyc; 11-12-2009 at 01:37 PM.
Except for that there is over 1000 pips in that H&S that it is building between now and Your threshold.
6 months is a long time to have a position thats dying (wink)
.
I see the last leg up lasted for years David....Years...UNCLE BEN said we are in for long long time...I believe him lol
looking to pick the dollar in Feb or March for a long trade just like my AUD trade....I just have to cash out of my AUD trade first...still have one candle in it ....with a long wick before it reverses
Put the on the monthly chart and take a look...do you see any sign of reversal?
it is working till it is not....keep it running...it already gave me enough for the year...all other trades are just gas money (talking about my trades that I place intraday/weekly)
Now You know what happens whan I start saying what I see.
You aint gonna believe me anyway so what does it matter, and afterall, it was just a detached tip. I have my own plan for that pair now its slowly mapping itself out.
I'm so Thankful, and for yesterday.
Does that make sense? Maybe not.
Anyway, Thanks to such a great day we is off out for dinner so Tata for now
I see the last leg up lasted for years David....Years...UNCLE BEN said we are in for long long time...I believe him lol
looking to pick the dollar in Feb or March for a long trade just like my AUD trade....I just have to cash out of my AUD trade first...still have one candle in it ....with a long wick before it reverses
Now You know what happens whan I start saying what I see.
You aint gonna believe me anyway so what does it matter, and afterall, it was just a detached tip. I have my own plan for that pair now its slowly mapping itself out.
I'm so Thankful, and for yesterday.
Does that make sense? Maybe not.
Anyway, Thanks to such a great day we is off out for dinner so Tata for now
.
You can say anything you want...I am a mature person...I have been in the market for so long...I have been wrong many time...I accept my mistakes and move on...
Yes, YOU WELCOME FOR yesterday...it make sense...did I make you short the AUD or short the EUR? lol
Have a great evening....Finally the market is not listening to GS...oil 250 (that was their prediction in 07 before the crash)
Y'know, I was surprised when I saw this guy from Malaysia on Ebay had sold so many of his "system" that calls signals (mainly on US/CF from wha I could gather by the spreadsheet).
I mean like there was alot of buyers for this one product..
and that was his "In English version" alone.
Then, I get listening around of people who go "site hunting" for pip calls..
and come to this conclusion..
Most are completely lost.
Not all.
Most.
Anyway, we still have Free Will and Freedom of Speech where most of the World is concerned. Sooner or later we have to come to terms with those darned modern ways
David
.
Indeed we still have Free Will and Freedom of Speech...........
GL...........
Patience is virtue. The sooner we learn this all, sooner we can start walking to the bank. Good Luck to all of us
The trick is to wait the price meet ur limits, instead of one jumping in.. however scalps is a totally different scenario and is not everyone's cup of tea
Disclaimer: I'm not at all suggesting trades when by either posting the graphs, or my entries. You can view it, but in the end you have to use your own logic and approach, as there is no certainty about this uncertain market...
Patience is virtue. The sooner we learn this all, sooner we can start walking to the bank. Good Luck to all of us
The trick is to wait the price meet ur limits, instead of one jumping in.. however scalps is a totally different scenario and is not everyone's cup of tea
Disclaimer: I'm not at all suggesting trades when by either posting the graphs, or my entries. You can view it, but in the end you have to use your own logic and approach, as there is no certainty about this uncertain market...
Last edited by Sean Hyman; 11-12-2009 at 03:19 PM.
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More or less price behaved in a good manner as I accepted. Stop trailed just above todays high. Target still open- As I wrote around 1.4860. I will monitore price reaction around 1.4912
I just came to see how the price developed through recent hours. So now my target is 1.4770-80. Those who pocketed some chips near 1.4830 mark I think was also happy. Stop still a bit wide, just 15 pips above breakeven point. Do you have any suggestions or recommendations?
I just came to see how the price developed through recent hours. So now my target is 1.4770-80. Those who pocketed some chips near 1.4830 mark I think was also happy. Stop still a bit wide, just 15 pips above breakeven point. Do you have any suggestions or recommendations?
Do You have a foundation for that Target Jolopino?
Last edited by mildredthecat; 11-12-2009 at 05:23 PM.
Reason: typo
Do You have a foundation for that Target Jolopino?
first of all it is just near to fib level 38.2. For the more at this level will be near to daily trend line. Also after such break of daily average range level, it is common to see further price movement to this level. I also have filing that failure to make new high can be sigh of possible break of daily trend line, but I would make rather new trade if such accured.
My view is the same as yesterday morning (Thurs GMT)..
I've established a likely channel (albeit is quite broad at the moment) and also a projected target date.
Having come home to find my stops were taken out on the little Longs I positioned I've decided to switch my focus to stop me meddling and set up all my Accounts to this target (in respect of the E/U pair that is) and sit it out for a few days.
Funny the time/cycle theory...I read it Dec 2008 and it does work, specially on the SPZ (240 days the short cycle and 420 the long cycle)
did not believe it when I read it...but applied it and it seems we are following it...next dip is not till last week of Jan 2010...will see if it was just luck this year or it will continue to be true
Thats interesting because the temporary central bank swap program ends February 1, 2010 and unless it gets extended you may see more intervention in the FX market starting around that time.
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Originally Posted by mildredthecat
Look at it on a 2 year history.
