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- tvm1000 replied Jan 31, 2012
Sigh. Came back just to take a peek at the markets. Impressive drop, much greater than I expected. Unfortunately I also returned to find this kind of nonsense attached to my posts. This is why I quit posting on another forum over a year ago. The ...
- tvm1000 replied Jan 31, 2012
I'm out with profit. Done for the day. It's been a grind all morning. With this downtrend we've now had a 110 pip swing so be careful. Good luck all. See you tomorrow morning.
- tvm1000 replied Jan 31, 2012
Wasn't sure there for a bit but I'm holding from 3185 plus scaled in at 3175. It will be a slow grind down. TP 3145.
- tvm1000 replied Jan 31, 2012
After testing 3200 and failing to breach we now have a full candle open/close below the 50SMA on the 15MIN. SMAs and technicals are turning neutral to bearish quickly now. Still holding my short position. Thoughts?
- tvm1000 replied Jan 31, 2012
Looks like the US open is working in my favor. TP 3135 to recover some losses today.
- tvm1000 replied Jan 31, 2012
I've been looking for a breach of 321X but technicals are turning and it's making LHs and LLs. I'm switching to a short strategy. Short at 3185.
- tvm1000 replied Jan 31, 2012
aaanddd.. i'm out. choppy today
- tvm1000 replied Jan 31, 2012
This still looks like a bullish trend. I think it's clearing a lot of stops at 3200. Long at 3195.
- tvm1000 replied Jan 30, 2012
Yes. Small but consistent returns day to day. 1M for trade entries and 15M for trends.
- tvm1000 replied Jan 30, 2012
I only asked because on the 15MIN charts it is still a viable trade as it hasn't closed above the 50 SMA. No insult intended. I trade 1 MIN charts while whatching the 15 MIN for overall trends and S/R. Good luck.
- tvm1000 replied Jan 30, 2012
What's you timeline and SL on this? It's looking like a correction to the 1.316X area.
- tvm1000 replied Jan 30, 2012
I think the move down is reaching exhaustion for the day. That said I would not be buying any dips right now. Let PA establish a bottom for the day. I'm looking to short the rallies for a quick trade/profit.
- tvm1000 replied Jan 30, 2012
Closed my position at 3117. Probably heading lower but the trend isn't that strong and we're already down 107 pips for the day. Done for now. I'll revisit the New York open.
- tvm1000 replied Jan 30, 2012
Given recent history and the current trend I'll hold my short from 3142. We'll see.
- tvm1000 replied Jan 19, 2012
Missed the rally from 2905, there was no clear entry point. However I don't trust it so close to the London close. I think there is a good chance it will collapse. I'll watch for a toping pattern then look to short. Edit: Shorted at 2930 for a few ...
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