Still Downward
Put your hands in the air , Give me all your money ! 
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- #42
- Jan 17, 2011 6:14pm Jan 17, 2011 6:14pm
- | Joined Aug 2006 | Status: Trader | 1,355 Posts
Watching silver XAG/USD, for a potential short signal entry IF price can close below 28.25 by 00:00 GMT then will go short on the opening price.
Keeping stops at 1366 in gold just above yesterday's doji, if gold is weak it have to prove it by going lower, otherwise I'll be taken out with a profit and will be able to re-evaluate the situation.
Time for some sleep now
Getting it right is NOT as important as not getting it wrong.
- #43
- Jan 18, 2011 1:14am Jan 18, 2011 1:14am
- Joined May 2009 | Status: User of Geppy patience pills | 7,645 Posts
Looking for 3 possible levels to re-enter shorts
1. WPP @ 1369
2. 50% retracement @ 1374
3. UTL currently @ 1380
H4:
1. WPP @ 1369
2. 50% retracement @ 1374
3. UTL currently @ 1380
H4:
Don't be a hero. Don't have an ego. Always question yourself
- #44
- Jan 18, 2011 1:21am Jan 18, 2011 1:21am
- | Joined Aug 2006 | Status: Trader | 1,355 Posts
Getting it right is NOT as important as not getting it wrong.
does anybody else play video games? i cant get enough of the new need for speed hot pursuit 
im targeting 1371 area then possibly the 1387 if we get there. its the 200 sma on the 4h chart
o and everybody and their mother are short on gold which is another reason for me. i mean they are short simply coz they think it went up too much not for any valid reason. not talkin about u guys on the thread here. i actually spend time here and read what everyone has to say
im targeting 1371 area then possibly the 1387 if we get there. its the 200 sma on the 4h chart
o and everybody and their mother are short on gold which is another reason for me. i mean they are short simply coz they think it went up too much not for any valid reason. not talkin about u guys on the thread here. i actually spend time here and read what everyone has to say
- #48
- Edited 9:02am Jan 18, 2011 8:50am | Edited 9:02am
- Joined May 2009 | Status: User of Geppy patience pills | 7,645 Posts
Don't be a hero. Don't have an ego. Always question yourself
- #50
- Jan 18, 2011 11:53am Jan 18, 2011 11:53am
- Joined May 2009 | Status: User of Geppy patience pills | 7,645 Posts
Heavy fight, 1370 critical level imo
M15:
M15:
Don't be a hero. Don't have an ego. Always question yourself
- #51
- Jan 18, 2011 2:32pm Jan 18, 2011 2:32pm
- Joined May 2009 | Status: User of Geppy patience pills | 7,645 Posts
1374 seems to be holding, 50% retrace good for bears, shorted again @ 1370
ps should close below WPP @ 1369
M15:
Don't be a hero. Don't have an ego. Always question yourself
- #53
- Jan 18, 2011 2:35pm Jan 18, 2011 2:35pm
- Joined May 2009 | Status: User of Geppy patience pills | 7,645 Posts
if the 1364-65 area holds, i expect tomorrow a retest of the highs of today at least and possibly higher
Don't be a hero. Don't have an ego. Always question yourself
Thanks for the view, maybe I hit the buy button before the pillow
- #55
- Jan 18, 2011 2:56pm Jan 18, 2011 2:56pm
- Joined May 2009 | Status: User of Geppy patience pills | 7,645 Posts
it feels nice to have ur advice considered by others. im just a guy whos been doin this for a while just like you. nothing special about me
BTW I'm out with 300 pips, the move is too stubborn after reaching 1365
Don't be a hero. Don't have an ego. Always question yourself
Always have to consider old-timers views, certainly from someone able to be this business for more than 4 years
BTW I'm out with 300 pips, the move is too stubborn after reaching 1365
congrats
tomorrow should be interesting and im off to bed too pretty soon
take care
ps: silver is deff holding strong too just under 29. somethin to keep in mind
- #57
- Jan 19, 2011 1:39am Jan 19, 2011 1:39am
- Joined May 2009 | Status: User of Geppy patience pills | 7,645 Posts
Glad I closed my short last night.
Now let's see how PA reacts to UTL....
H4:
Now let's see how PA reacts to UTL....
H4:
Don't be a hero. Don't have an ego. Always question yourself
- #60
- Jan 19, 2011 7:44am Jan 19, 2011 7:44am
- Joined May 2009 | Status: User of Geppy patience pills | 7,645 Posts
Don't be a hero. Don't have an ego. Always question yourself