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plan-b replied Nov 23, 2009I must be tired because i still don't get it. Someone talked of shorting CHF , You responded with a coment about short USD/CHF which is not the same thing, I corrected you, Anyways no biggy, i am sorry if i ruffled your feathers. nap time..
EURUSD
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plan-b replied Nov 23, 2009I'm in a 3rd world country, what does this stand for? As for the trades, more than 3 in my insignificant experience usually mean duplication leading to painful over exposure.
EURUSD
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plan-b replied Nov 23, 2009the 1.4830 -1.4990 dance.. up, down, repeat.. the only question is where it will head when it breaks out of this channel. My bias is 1.4530 , my only reservation is that an ivy league boy with a dick a yard long will push the price to 1.5098 before ...
EURUSD
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plan-b replied Nov 23, 2009I got out a lot earlier, once i have 100 on eu and around 150 in gu its usually enough for me
EURUSD
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plan-b replied Nov 23, 2009Exactly, 4H was oversold then..once support held that was the time to buy. Trying long now is chasing, if anything its time to watch out for possible top side failure to short.. Buy dips, sell rallies
EURUSD
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plan-b replied Nov 23, 2009If you are long you might want to move stop to BE or stay near your screen..
Cable Update (GBPUSD)
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plan-b replied Nov 23, 2009You win some, you loose some. I can only go long on dips to 1.4790-1.4830 or on a firm close above 2009 highs I have started accumulating small shorts anticipating a top side failure between here and 1.51 which would take us to 1.45 , but i guess it ...
EURUSD
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plan-b replied Nov 23, 2009I am not sure it is done yet. I have also closed my long and started shorting small at current levels, I have an entry pending at 1.6660 and 1.67 , A failure at 1.67 would be perfect. Also looking at EG for a bargain to enter long. image
Cable Update (GBPUSD)
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plan-b replied Nov 23, 2009My longs in both eu and gu are green Bears(myself included) will get their chance i just don't think we are there yet..I am hoping for 1.6650 in gu to dispose and enter short , but i might just take the pips off the table on eu at current levels and ...
EURUSD
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plan-b replied Nov 22, 2009Yeah, pips are pips are pips. Does not matter if they are from a micro lot or a yard.
EURUSD
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plan-b replied Nov 21, 2009True that, I guess i think there could be a slightly higher level to anticipate that correction from but if not i will also be in the train below 1.4780 . I will also watch significant levels below for a bounce.. start of last year it ranged a bit ...
EURUSD
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plan-b replied Nov 21, 2009a closer look — This lines go way back. Make no mistake the up trend line is still alive and is currently roughly coinciding with 61.80% retracement of the move up from 1.4625-1.5050 at 1.4790-1.4805 If the line does not hold then its time to ...
EURUSD
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plan-b replied Nov 21, 2009I could be wrong but if you pay attention to daily candles and 4H for entry, the fundamentals will just serve to explain the moves Fundamentals and charts complement each other, you might hear of rumors and panic moves and find that pa was ...
EURUSD
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plan-b replied Nov 21, 2009Trend line still holds, a close below 1.48 opens up 1.4550 but that is proving to be difficult. I had bought against 1.4820 at the beginning of the week and it payed off . I will continue to buy dips on eu and eg and sell rallies on gu this coming ...
EURUSD
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plan-b replied Nov 20, 2009Yeah, i am also out of my gu shorts but still holding eg long at .8850. I have bought a small counter trade gu at 1.6566 ..(will short again at higher levels above 1.67) I think 1.6500 is the last frontier for now, i will add if we approach that ...
Cable Update (GBPUSD)