|
|
 |
|
11-10-2009, 12:13 AM
|
 |
Member
|
|
Join Date: Oct 2008
Posts: 1,719
|
|
Quote:
Originally Posted by JohnG_FX
Hi there
Thanks - that ties in nicely with a retrace to the .618
|
No worries. Feels like a massive shake out before the next big leg up. |
11-10-2009, 12:16 AM
|
|
Member
|
|
Join Date: Oct 2008
Posts: 1,719
|
|
Quote:
Originally Posted by JohnG_FX
Hi there
Thanks - that ties in nicely with a retrace to the .618
|
I am not quite sure how this would work from a Delta perspective, but Y = W(in time) around Nov 16th. |
11-10-2009, 12:19 AM
|
 |
Guest Moderator
|
|
Join Date: Feb 2004
Posts: 1,536
|
|
Quote:
Originally Posted by apipintime
No worries. Feels like a massive shake out before the next big leg up.
|
Same feeling -
if yesterday was the ITD 4 high which looks likely, and if we are still going to go up another leg to complete a third ITD with MTD 7 then I'd expect the ITD 5 low to be early.
Edit : ITD 5 is due on the 16th
__________________
John G
Last edited by JohnG_FX; 11-10-2009 at 12:23 AM..
|
11-10-2009, 12:22 AM
|
|
Member
|
|
Join Date: Oct 2008
Posts: 1,719
|
|
Quote:
Originally Posted by JohnG_FX
Same feeling -
if yesterday was the ITD 4 high which looks likely, and if we are still going to go up another leg to complete a third ITD with MTD 7 then I'd expect the ITD 5 low to be early.
|
When is the ITD 5 low due, and how early would you expect it? |
11-10-2009, 12:27 AM
|
|
Guest Moderator
|
|
Join Date: Feb 2004
Posts: 1,536
|
|
Quote:
Originally Posted by apipintime
When is the ITD 5 low due, and how early would you expect it?
|
It's due on the 16th
Coming in on time is fine - or it can come up to 3-4 days early
__________________
John G
|
11-10-2009, 12:28 AM
|
|
Member
|
|
Join Date: Oct 2008
Posts: 1,719
|
|
Quote:
Originally Posted by JohnG_FX
It's due on the 16th
Coming in on time is fine -
|
Thanks John. |
11-10-2009, 12:33 AM
|
 |
Member
|
|
Join Date: Apr 2005
Posts: 384
|
|
|
always nice when small positions turn into big positions........
staying below 6660/70 good for a continued run lower to target 6650 followed by 6400's
only a sustained push above 6700 ultimately would lead back to a short term run higher......
good luck all!
__________________
DISCLAIMER: Trade at your own risk.
|
11-10-2009, 12:46 AM
|
|
Senior Member
|
|
Join Date: Jun 2008
Posts: 596
|
|
Quote:
Originally Posted by Alex Denlinger
What are you saying?
A "sell stop order" is another way of saying a stop loss order on a short position. Did you mean you moved up your take profit order? Or did you decide to enter into a long position and you just moved up your stop loss?
|
STOP LOSS is trigger for SELL under price in moment of writing.
It is pending SELL order. Look into any mt4 metatrader trading station
and you will see what I mean.
I just move up my trigger for SELL order.
Regard ownmow of gbpusd you can see - such move was expecting. It is logical.
So below this downmove is SELL trigger now (market is very near now)
Last edited by BH-Eurofighter; 11-10-2009 at 12:51 AM..
|
11-10-2009, 12:49 AM
|
|
Senior Member
|
|
Join Date: Jun 2008
Posts: 596
|
|
Quote:
Originally Posted by CodyB
a sell stop order is a pending sell below market order
a buy stop is a pending buy above market order
A sell limit is a pending sell above market order
a buyl imit is a pending buy below market order
he has an order to sell at 6580 with a 200 pip TP and SL from there
|
Thanks for help Cody
So we have SELL TRIGGER now on 1.658 (me personaly on 1.657)
Hope to see market on trigger after GB events in next hours
Last edited by BH-Eurofighter; 11-10-2009 at 01:03 AM..
|
11-10-2009, 01:59 AM
|
|
Member
|
|
Join Date: Nov 2005
Posts: 304
|
|
|
nice going on your shorts JohnG......I'm still holding the same positions missed to add arround 6611......
__________________
Warning follow @ own risk...I dont use stop loss I hedge
|
11-10-2009, 02:07 AM
|
|
Member
|
|
Join Date: Nov 2005
Posts: 304
|
|
|
morning all still holding the same positions added heavily @ 6710....will add more longs working on charts
long GBP/USD @
6814
6772
6710.....heavily
6640.....heavily
long GBP/JPY @
150.54
150.35
149.54....heavily
__________________
Warning follow @ own risk...I dont use stop loss I hedge
|
11-10-2009, 02:16 AM
|
|
Guest Moderator
|
|
Join Date: Feb 2004
Posts: 1,536
|
|
|
The current count I'm trading is attached - at this stage I'm still planning for a move higher above yesterdays high over the coming 2 weeks or so
The game changer would be a break below 1.6249
Edit : put some more detail on chart
__________________
John G
Last edited by JohnG_FX; 12-28-2009 at 03:37 PM..
|
11-10-2009, 02:26 AM
|
|
Senior Member
|
|
Join Date: Jun 2008
Posts: 596
|
|
Quote:
Originally Posted by BH-Eurofighter
Thanks for help Cody
So we have SELL TRIGGER now on 1.658 (me personaly on 1.657)
Hope to see market on trigger after GB events in next hours
|
Addition BUY STOP (Buy pending order), BUY trigger on
1.685.
So we (I) have two pending orders. Triggers.
SELL trigger at 1.658 (1.657 I have)
and
BUY trigger at 1.685 |
11-10-2009, 04:05 AM
|
 |
Member
|
|
Join Date: Jul 2008
Posts: 76
|
|
|
Guys,
I am not sure which direction the pair will go in mid term. But today, 1.6700 provides really strong resistance. I will short each hike close to this lvl.
|
11-10-2009, 04:10 AM
|
|
Member
|
|
Join Date: Nov 2005
Posts: 304
|
|
Quote:
Originally Posted by Breeze
morning all still holding the same positions added heavily @ 6710....will add more longs working on charts
long GBP/USD @
6814
6772
6710.....heavily
6640.....heavily
long GBP/JPY @
150.54
150.35
149.54....heavily
|
hi all 4hrs held very well.....weekly is on BUY...and 1hr is on BUY
__________________
Warning follow @ own risk...I dont use stop loss I hedge
|
|
|
| Thread Tools |
|
|
| Rate This Thread |
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is On
|
|
|
|
