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06-18-2007, 09:18 PM #2566
hey diva good to hear from you again. My short was a bit early but there is diveregence all over the place so lets see where it goes.
06-18-2007, 11:26 PM #2567
hey diva.. great to hear from u... how is it going at your end.... yeah time to get the show going...
Originally Posted by FxDiva
06-19-2007, 04:49 AM #2568
Originally Posted by fss side
i can see the divergnce too on the hourlies...Also cross of MA5 & 12 and RSI about to dip below 50..so here goes
took the short this morning.
06-19-2007, 08:34 AM #2569
Hey milli good to hear from you. I am still holding my short, however it is a bit under water. I was a little eager to take this trade and should have waited.
06-19-2007, 10:27 AM #2570
Trade stopped out.... sl trigged... now will wait for a new pattern and conformation before re entering...
Originally Posted by varun
06-19-2007, 12:18 PM #2571
Originally Posted by varun
35 pip loss...
Hourlies are still showing divergence but i guess its hard to determine entry sometimes with div.
06-19-2007, 12:50 PM #2572
Shorted GBP/USD @ 1.9872/85 TGT1-9670
06-19-2007, 03:35 PM #2573
hey jk long time. good to hear from you. looks like the whole gang is getting back together. lets have a good time and make some pips
06-19-2007, 05:46 PM #2574
Hey Folks , Good to see you all again , well the recent pound strength is due to Markets are anticipating That BOE will signal a hike in July , If this happened we'd see the pair back to 2.00 , But on the otherside the pair would crack under Highly O/B Hourlies ( which didn't unwind till now ) bringing us to the rising uptrend for a re-test , had a long at 9810 Limit 9880 , closed the postion and waiting for tomorrow's big events. Good Luck.
06-20-2007, 09:15 AM #2575
Well i jumped the short entry the other day so I am sitting back and waiting for this short to come into play.
06-20-2007, 06:15 PM #2576
9945 resistance !!
Will this resistance holds the pair back , I think that a retracement of 38.2% of recent wave high should be touched before we could go even up higher , Will sell a failure on 9945 , buy a break with 9999 as a target . GooD LUCK
06-20-2007, 10:47 PM #2577
Riskee i think that the 38.2 would reset the techs and a launch towards 2 would be likely at that point. Good trading to you
06-21-2007, 07:56 AM #2578
Thanx fss side ,good luck to u too , By the way Guyz we had a daily close above the declining trend and also a nice support at 9885 ( we couldn't go much lower ) , So I think we might see a re-test for 9945 ( more likely with a break ) , However will not enter market now , watching the price action till we have a confirmation cheers.
06-21-2007, 08:19 AM #2579
I agree there isn't much to give us direction at the moment. Price is being held up. I expected it to fall but it hasn't. The dailies are becoming ob so I still think we may have a pretty good fall maybe back down to the 38.2 retrace like you talked about. I will wait and see but for now I think it is risky to take a long. Just my opinion.
06-22-2007, 09:04 AM #2580
Well it has been a crazy week for me. Looks like they are going to try and push for recent highs but I can't imagine it going too high with the techs being so overbought. The dailies are ob and the 4hr also.
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