- Search Metals Mine
-
Rag2RichesFX replied Aug 22, 2012lots of buy pressure there (near 60)...still not quite a new high.. very close 24875 vs 24871 on my chart i have my highest H1 close @81 not 83 (brokers differ i guess), but thanks for answering the question
The Really Useless Thread
-
Rag2RichesFX replied Aug 22, 2012I know 2483 is important, but not exactly sure why. Why is it important to you (not the general area but that specific number)?
The Really Useless Thread
-
Rag2RichesFX replied Aug 22, 2012That's probably smart. A good day to you as well.
The Really Useless Thread
-
Rag2RichesFX replied Aug 22, 2012wow, lucky i took profit, its already all gone...that was very quick. back to 2480..
The Really Useless Thread
-
Rag2RichesFX replied Aug 22, 2012Yes good idea, cash most EU @ 2444, should have longed AU @ 0410 H1 closed above 2443 (im showing 24433) ? too close for comfort Edit: Got 1 more wave for about 12 pips. All positions are 1/10th of original size now, waiting for EA to go down now
The Really Useless Thread
-
Rag2RichesFX replied Aug 22, 2012i know its gotta be going down! its all emotion right now at least caught this last down move though in eu EU m5
The Really Useless Thread
-
Rag2RichesFX replied Aug 22, 2012starting to lose my patience with this short .
post from 6 hours ago lol, and damn, have we consolidated enough already..? i mean really. amazes me bears were all over 1.1785 but not the levels we are at now. 1785 was just fib not supply, 1935/40 ...The Really Useless Thread
-
Rag2RichesFX replied Aug 22, 2012I got short about 16-17 hours ago in EU so its plenty in green no worries I wouldn't short here RR is no good, like I said I covered @ 43 (44)
EU m5The Really Useless Thread
-
Rag2RichesFX replied Aug 22, 20122319 is a good 160 pips off the highs though (that would be something if it pulled back to there before going higher), is that not worth the short? where are you next looking to short? or only looking to long?
The Really Useless Thread
-
Rag2RichesFX replied Aug 22, 2012where do you expect this pullback to end and make its move for 30.38? or what mid leg are you talking about
The Really Useless Thread
-
Rag2RichesFX replied Aug 22, 2012Yes 43 is important, and where I took a 1/2 profit. Sell stops below here and I may add the 1/2 back on a break.. with tight stop above 2440, we'll see. Daily pivot is also @ 2435, and bids are at 2420/30. Momentum is heavy down though on small tfs ...
The Really Useless Thread
-
Rag2RichesFX replied Aug 22, 2012a few of us apparently and whoever else is short

The Really Useless Thread
-
Rag2RichesFX replied Aug 22, 2012silver maybe leading the way again. Down about 1% from the highs xagusd m5 still have e/u and e/a shorts as well
The Really Useless Thread
-
Rag2RichesFX replied Aug 22, 2012Yeah this thing needs to come down a bit (28.40 looks nice), kind of like another market I know. cough EA cough Worries me though, the offers aren't until 1990/00 according to forexlive, although the order book doesn't always act act as a magnet.
The Really Useless Thread
-
Rag2RichesFX replied Aug 22, 2012Yes and every $1 of debt since year 2000 has only added $0.08 of GDP. In the 1950s every $1 of debt added $4.50 of GDP. Diminishing returns and they are getting very bad, completely unsustainable
EURUSD
-
Rag2RichesFX replied Aug 22, 2012I agree. However there are offers 2480/00 buy stops above 2510 and sell stops below 1.2440 I would only say the short is risky because of PA. Perfect bull flag on the H4 chart. Normally it would be a good short opportunity though. It still might be ...
EURUSD
-
Rag2RichesFX replied Aug 22, 2012Okay either only 1:1 leverage or are you happy with RR profile of 2:1 if you know the stop almost never gets hit? If you are targeting 100 pips where does your mental stop go (obviously near s/r but typically how many pips)? Curious!
The Really Useless Thread
-
Rag2RichesFX replied Aug 22, 2012Yeah I agree. It's certainly possible everything else but E/U moves up, but the fact that E/U is majority of dollars weight, and silver needs a dollar bear move for any sort of bull move, so it sort of implies E/U going with it at least a little ...
The Really Useless Thread
-
Rag2RichesFX replied Aug 22, 2012I have started using more POs myself, but I still keep stops. You must not even trade 1:1 leverage.
Hopefully were just retesting the 23.6 fib and no higher from there... at least I covered half Never fails posting a chart! lolThe Really Useless Thread