hornblower
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jacinto said:
yes I am thinking about a short as well
I was short wednesday , but got stopped out
things seem to be at an all time high
a lot of upward pressure yesterday
how long can it go on?
yes I am thinking about a short as well
I was short wednesday , but got stopped out
things seem to be at an all time high
a lot of upward pressure yesterday
how long can it go on?
Crap Buddist
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I need an injection sold 50, then long 54 which is what im left holding . yuk. good long however flag at 30, i'll stop out 18.
City Bound
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City Bound said:
Out at BE (744).
hornblower said:
hi hb
dont know. want to wait and see how the day closes, probably even the weekly bar. the monthly bar now looks extra bullish, but needs 9850, and that is where i doubt it will go.
the last line of resistance i had marked prior to the obvious high 9850, was 9785 which is alive and untouched. a daily close below 9730, or even better below 9670, will make me start looking for shorts, suggesting a rejection again of 9750. this area has been prone to false breakouts for 2 months.
so, i will have caution until i get signals. on a daytrade perspective, as yesterday, my chart only says long ...so far.
besides, today i will decide if i leave the Burntcake club or not. :cheesy:
j
Crap Buddist
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gone long 20 after being stopped. still not reading this as a short market. Just a bit of a head whatsit.
hornblower
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price has retraced to the 6 am price
may be demand is not going to be as strong today
may be demand is not going to be as strong today
jacinto said:
Oh, don't get me wrong. Im a big fan of DC's...I think he's a great trader. One of the best on the site IMHO. Just rare to see a trade move in the oposite direction to his call, even if he does turn out to be right (which he probably will...the SWINE!!
)edit: when is burntcake speaking?
thx
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Offshore Trader
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My ability to move markets in the opposite direction merely by taking a position continues. Sorry to the rest of you who are short.......
Crap Buddist
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jacinto said:
cheers, although now short 21 getting a possible change showing, break of 03 might be interesting
hornblower
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any one fancy the 3ed leg down on elliott wave
Hello everyone.
New member of the T2W forum. Have been posting on the Daily FX forum for the past couple of years but all the good old contributors have left and it's a bit empty over there..
On Forex I trade cable and GBP/JPY mainly
Position wise I'm currently flat on cable, break of 9750 this morning had no follow through. all charts from daily down looking stretched on the topside so I'm looking for a pullback ahead of 9850.
I week trendline pretty close at 9700, Chunnel (EUR/GBP) looking very stretched on the aproach to 0.6550 so any bounce on that would would slow cable down relative to EUR/USD.
Will wait for the US data this afternoon but if it's strong then could get a decent pullback on cable.
Looking to short at another 9780 fail or on that trendline break, negative D on the 1hr and 4hr macd .
Hope you guys don't mind me posting here ?
New member of the T2W forum. Have been posting on the Daily FX forum for the past couple of years but all the good old contributors have left and it's a bit empty over there..
On Forex I trade cable and GBP/JPY mainly
Position wise I'm currently flat on cable, break of 9750 this morning had no follow through. all charts from daily down looking stretched on the topside so I'm looking for a pullback ahead of 9850.
I week trendline pretty close at 9700, Chunnel (EUR/GBP) looking very stretched on the aproach to 0.6550 so any bounce on that would would slow cable down relative to EUR/USD.
Will wait for the US data this afternoon but if it's strong then could get a decent pullback on cable.
Looking to short at another 9780 fail or on that trendline break, negative D on the 1hr and 4hr macd .
Hope you guys don't mind me posting here ?
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hornblower
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JohnG FX said:
your very welcome
Crap Buddist
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hmm although that said now long 16 got a signal saying buy on the 15's , yes they can roll either way but as the hourlies on the same are showing up yet falling, its a buy.
hence long , god help me.
got a signal saying buy on the 15's , yes they can roll either way but as the hourlies on the same are showing up yet falling, its a buy. hence long , god help me.
