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morse replied Apr 3, 2008I agree on daily it should fall and according to your CCI but my other graph shows that there is potential to break the trend to 206 odd where next 'R' is..................
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morse replied Apr 3, 2008Hi Zack, Looka at the daily charts the last is hitting trend line if it breaks that looking at the other chart the next R1 is 206.25 and we are still in the over sold area on the daily..............................
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morse replied Apr 3, 2008The chart is a 4hr graph notice how the price is hitting the 200ma but not going past it, notice also how overbought we are....see Next posting of Daily!!
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morse replied Apr 3, 2008The problem is an explination on why it should or shouldn't move there, Zack provided alot of information when his trades where going in the correct direction but little when they were going against, which is my point, you can not say it is going to ...
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morse replied Apr 2, 2008Hi Tom, Alot of people don't like scalping I myself Scalp alot when I can I believe it is the best way to make money and keep your account safe, I also position trade but the draw down is far higher so you use smaller lots this some times does not ...
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morse replied Apr 2, 2008Hi Tom, I hope you have hedged, the only reason that it is staying this high is that the roll over is keeping it there!
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morse replied Apr 2, 2008Now at 203.70 !! As I said before a roll over !!!!! 470+ points in the red!!!! you are not stating why on earth the market should go down! To keep stating the gbpjyp is going to go down is wrong and misleading without anything to back such a claim ...
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morse replied Apr 2, 2008Zach we have now breached 203 and we are now some 400 pips against us, I think you are wrong on this!!!! I have hedged positions at 202.40...
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morse replied Apr 2, 2008I am sure Zach can speak for himself ! Nobody is crucifying him ( a bit dramatic), Zach has agreat system but I believe it is flawed on entry and exit levels, If we knew how his method worked I am sure that we could produce better entry's and exits ...
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morse replied Apr 2, 2008Zack, People are getting themselves in all sorts of problems I suggest you give regular updates or reveal how your system works, If you are going by wedge patterns I would suggest this is a false dawn the seldom work! You can not suggest entrys ...
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morse replied Apr 1, 2008The pairs dont seem to be falling which is strange as I thought they would retrace? The move up was very strong, I am worried there is more to come.....
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morse replied Apr 1, 2008Hi Zack my chart is slightly different look at the RSI and MFI
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morse replied Apr 1, 2008Zach, But what do you think about the roll over will that be a problem?, If I understood your method I probably would just sit it out but as I dont I dont know if we are in a uptrend or not, Is there any chance you could show your method so I can ...
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morse replied Apr 1, 2008Zack, This trade has become a monster the gbyjyp has toataly wiped all proft and now eating rapidly into the account put it another way account this morning was $5000 it stands now at $2200, I am not sure why you have not put any updates or have ...
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morse replied Apr 1, 2008Hi, I also note it has gone through the weekly and monthly pivot ! I didn't have my eye on the ball......
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morse replied Apr 1, 2008Zack, Can you give me a take on the GBPJYP as it seems to me very strong making a high of 199.94!! and I am thinking of hedgeing my position .....Thx
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