Best Thread Potential setups

[grimweasel]

Cheers Options,
Lets try this then...

Hooray it works!
As you can see a good looking Weekly pin on HSBC.

 

[options]

And divergence on the lower indicator no less.

Muchos for the heads up.

 

[superspurs]

grim,do sharescope do uk sector charts,if so,could you post one of the energy sector pls.(i just know you are gonna get to grips with it,lol.)

 

[superspurs]

i missed that post above,2 fingered typing.lol

 

[grimweasel]

I hope that I'm not breaking any copyright?? LOL Soon find out I suppose?

There is an Electricity or Gas Water and Multiutilities Spurs? Which one would you like?
Grim

 

[grimweasel]

And divergence on the lower indicator no less.

Muchos for the heads up.

No worries and spot on with the divergance! I wasn't even looking at the MACD just the pin!!

Arm holding also looks good with an inside pin forming in last weeks pin with MACD divergance too!

Grim

 

[superspurs]

none of them grim,what about oil services

 

[Ljr]

Hey Grim I guess we don't need to keep an eye on the GbpCad Pin anymore. :-0

 

[grimweasel]

WOW! There goes the USDJPY long! Just dropped 235 pips on the open this evening. Had my stop at 10710 so a loss of 80 odd pips on the open!
Grim

 

[grimweasel]

SupersSpurs,
As requested.
LJR - Yes, no need to wath that pin although I think that gap might get closed again and the pin come into play? Just a hunch, so I may keep an eye on it!!

 

[superspurs]

thx grim beautiful chart,double bottom

 

[Ljr]

SupersSpurs,
As requested.
LJR - Yes, no need to wath that pin although I think that gap might get closed again and the pin come into play? Just a hunch, so I may keep an eye on it!!

Yes it may but rules are rules and in my book the Pin has been invalidated so I won't take it.

Huge gaps all over the place. Almost 400 on GbpJpy. May be best to sit on the side and see where this goes.

Strangely my 2 trades EurGbp & usdCad have not had big gaps at all.

 

[eltrot1979]

WOW! There goes the USDJPY long! Just dropped 235 pips on the open this evening. Had my stop at 10710 so a loss of 80 odd pips on the open!
Grim

Is all this activity due the news on Lehmans?

 

[superspurs]

uj

uj,this is what is in play

 

[options]

Is all this activity due the news on Lehmans?

Wouldn't have thought so.

 

[Ljr]

uj,this is what is in play

Note to self: Always check the higher TFs right up to the monthly. Good one SS

 

[grimweasel]

uj,this is what is in play

Fair play Spurs. Nice monthly pin that one! Hope you were on it?

What share are you picking for a long in the oil services sector then?
I may just sit it out until this Lehmans business is sorted. Seems anything could happen and if someone steps in like the US Government the charts/price could shoot back up again. Seems like a volatile week ahead.

I had an order in below that HSBC pin but I have withdrawn it as I think it could open up gapped down with IG only filling the order at the bottom of the move (like last weeks GP/Yen trade where it was filled at the top of the move up!!)

I could set a limit order with CMC as they are gaurenteed to fill as long as the price goes thru them are they not??
Grim

 

[superspurs]

im going to go with PFC and PMO

 

[superspurs]

im not in uj but i will be if it sets up on the dailies

 

[grimweasel]

Good choice. I'm sticking with the Long pins as they are more realiable I think should there be big down moves. Less likley to get a bad fill on a short entry gap that way.
BHP looks good I think.
Good trading mate,
Grim