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- bgin2end replied Mar 5, 2009
I am shorting the follow through of the move...I'll short when the PA confirms a move lower. In this case, I'd like to see a 1H close below 2560 and then I'll short.
EURUSD
- bgin2end replied Mar 5, 2009
not sure what your questioning... This is the 30 min just to show easier.
EURUSD
- bgin2end replied Mar 5, 2009
a beautiful - text book double top on the 1H chart...I think I'll sell the follow through
EURUSD
- bgin2end replied Mar 5, 2009
Stop hit @ 2552 (moved closer to protect profits). Will wait for 2600 to reenter a short or if we break through 2500 with force I'll short there as well.
Jacko's Forex House of Pleasure and Pain
- bgin2end replied Mar 5, 2009
I do check the monthly charts - before we see a resumption of any significant up trend, I believe we will see 2150, there isn't much support left between that and where we are now. I am a trend trader on the Dailys and I am only shorting right ...
EURUSD
- bgin2end replied Mar 5, 2009
Look at that - this is why I keep trading, for moves like the last one. Short from 2630 - TSL @ 2588
Jacko's Forex House of Pleasure and Pain
- bgin2end replied Mar 5, 2009
I wouldn't even be thinking about building longs...if we get past 2450...look out 2400 - 2350...
EURUSD
- bgin2end replied Mar 4, 2009
Sit tight, the market is just breathing....it just ran 10 miles and is catching it's breath before the marathon later this week.... My order was hit while I was in a meeting @ 2600 and I am now in with an average price of 2578...TSL currently @ 2678. ...
Jacko's Forex House of Pleasure and Pain
- bgin2end replied Mar 4, 2009
Yes, I do see that - but I think the bears just need some convincing to jump back in...perhaps a good fresh salmon would do the trick. The bull candles that you are showing where fast a furious and I subscribe to the thought process that the quicker ...
EURUSD
- bgin2end replied Mar 4, 2009
I think we just saw how high it's willing to go. 2640 looks like the top and it could turn into a nice spike high on the 1H charts.
EURUSD
- bgin2end replied Mar 4, 2009
Yeah - I have another order for short @ 2600 if we make it...figure I'll average in and get a better position.
Jacko's Forex House of Pleasure and Pain
- bgin2end replied Mar 4, 2009
2565 is the 50% retrace from the 4H most recent high to low. I have an order to sell in right there... Cases for further bear moves - Still in the major bear channel from January Broke the rising trendline (need to see a close below it to confirm) ...
Jacko's Forex House of Pleasure and Pain
- bgin2end replied Mar 3, 2009
Thanks Mcqueen, great answer. I do have a blackberry and check my quotes and positions on it, but I hate the interface that oanda uses for mobile trading. Anyone use a broker that has a good mobile trading platform?
Jacko's Forex House of Pleasure and Pain
- bgin2end replied Mar 3, 2009
Check out http://www.forexfactory.com/showthread.php?t=27286. Jacko uses a theory call the Anti-Hedge - pretty interesting and simple...
EURUSD
- bgin2end replied Mar 3, 2009
Short @ 2650 - I had hoped it would reach 2700, but after the rejection of 2675, I decided to jump in. I have scaled my position to half and doubled my TSL due to the whipsawing... I'll add to my position as it moves in my favor. Jacko or members of ...
Jacko's Forex House of Pleasure and Pain
- bgin2end replied Mar 2, 2009
I say down down...if we can break that rising trend line... Many men have made millions off of doing the opposite of what I say...
EURUSD
- bgin2end replied Mar 2, 2009
Looks like we're gaining some momentum to the downside. My shorts are in @ 2580 - looking to 2500...or lower!
EURUSD
- bgin2end replied Mar 2, 2009
My short orders @ 2600 were hit last night. 100 pip TSL. Snow Day here - woke up to 8" and an open position.
EURUSD