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uraceulose replied May 27, 2010break time, I closed one short down as it hit the 22 ma on 15M for 31 pips even. other is running @ +1. I actually was able to sneak another short in there @ 2380 so 2379 and I'll be flat. Goin to grab some lunch, I'll be back
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uraceulose replied May 27, 2010Isn't that what you meant by retracement? that we were trending up and then retracing down..is the correction in your eyes down or up?
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uraceulose replied May 27, 2010Yeah baby, 7&7 waiting for me @ home. part of the reason I slept last night instead of trade
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uraceulose replied May 27, 2010forgive the sloppy lines...it's common knowledge that we are in a down trend. your up move is our retracement. image We are a little over 200 pips from 2150. up from a few thousand pip drop...which is the retracement?
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uraceulose replied May 27, 2010
and I'll still be here, i've already seen it...remember Valero and that little crew. I wonder how many are going to build longs on this dip?EURUSD
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uraceulose replied May 27, 2010heck yeah, way i see it..we can always short it again higher, i just don't want to give anymore back
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uraceulose replied May 27, 2010me too, we gotta be careful on this one though. there hasn't been much sign of a reversal on this latest "rally" image
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uraceulose replied May 27, 20108750 will be it. if we manage to get that high, watch...maybe some slip but i will go heavy short @ 8750 if we get there
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uraceulose replied May 27, 2010Yo man, sorry about ur loss on eu. be ready on AU though, when it stops and turns...right back down
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uraceulose replied May 27, 2010You mean over for the day/week? Nice call on 1.24 before 1.20 by the way...close enough anyway
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uraceulose replied May 27, 2010Thanks man. we'll see, Freddy's post was what I've been thinking for a couple hours now..i don't remember many days where the dow opens up, goes up all day and then finishes strong.. I don't follow the dow closely though so I haven't backtested this ...
EURUSD
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uraceulose replied May 27, 2010HG is still around man. Do a search on his username, he's posted within the last week or so. Take care
Trade Using VSA (Volume Spread Analysis)
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uraceulose replied May 27, 20102377 is a mid that I have. bar closes in 10 minutes on this platform. might be something, might be nothing of course but this is why I'm chancing one here image
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