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Jurrasic replied Sep 4, 2008Thanks, I can see the cable chart from here too. And as you mentioned - there WAS a retracement of about 1000 pips in the middle there.
Edit: In short 9.2, sl 15 pips tp 15-400.. lol Edit2: Out of short with 3.7 pips, this thing's got a bit more ...EURUSD
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Jurrasic replied Sep 4, 2008Whoa.. fascinating things happen overnight.. Well, my mid-term short taken out. As I see it today could just turn out like another 08/08/08. After 1.43 the next support is only 1.385-1.39 area where we'll meet the ltl for the entire euro uptrend ...
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Jurrasic replied Sep 4, 2008That's funny, looking at that chart start from lower left and end pretty close to upper right I could swear that it could fit pretty well in the dictionary definition of an uptrend.
btw, I see we hit the 100 ema on weekly.EURUSD
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Jurrasic replied Sep 4, 2008Why waste your time playing with that 1k with the hope of maybe once growing it to 100k quickly, before you blow it away 99 times that is ? You could just put 100k in the account, trade slow and steady with good m:m and earn a nice living fom it ...
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Jurrasic replied Sep 4, 2008It is when all hope is lost that the... hmm... I forgot the rest but you get the idea..

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Jurrasic replied Sep 4, 2008We'll be back at 45 tommorow as I see it.. trading801, 6% is way too much to risk on any trade/s. You won't last long that way even if you're very good. You have to understand money management basics - there're mathematical formulas that describe ...
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Jurrasic replied Sep 4, 2008It's less a matter of right/wrong and more of r:r, shorting at 540 area with just a 20 pip sl was a good trade when chances looked just a bit more favourable for longs there still and such a big potential tp - as 4550-4560 was the primary resistance ...
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Jurrasic replied Sep 4, 2008Very cool man
But I think this may be the end of the road for the shorts.. Certainly very serious resistance at 1.43. Quite possibly going back closer to 1.49 from here. Many big guys should be taking profit on shorts from this level. I took a ...EURUSD
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Jurrasic replied Sep 4, 2008Oil's falling slowly, should at least go another dollar down before it faces the recent uptrend support, but likely to break it I believe with this double top in place..
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Jurrasic replied Sep 4, 2008They should just cut rates already in 5 minutes now and get it over with.. lol
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Jurrasic replied Sep 4, 2008Oil's coming down now... Should be better than expected just like the rest of US news, but will watch it carefully..
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Jurrasic replied Sep 4, 2008Then you should be prepared to, just like this negative euro number was to be expected given all recent negative euro numbers, US numbers are likely to be green as is the recent tradition and then there's ECB that I doubt are going to say much ...
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Jurrasic replied Sep 4, 2008That is just a poor and totally misguided chart service or whatever. That trend line has been broken. I've seen charts from there on cable putting the cable trendline 400 pips below where it should be when it was ranging around 1.85 and the chart ...
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Jurrasic replied Sep 4, 2008Maybe, or maybe lots of smart asses like us thought they're getting double tops on both and got loaded up on shorts with tight sls ripe for the taking just above. But a good r:r and reasonable probability trade is still that, so why not.. Just the ...
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Jurrasic replied Sep 4, 2008Oil's flying up and EU's just standing there.. Maybe they're expecting a double top on oil too for the time being, just got a bit more to go.
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Jurrasic replied Sep 4, 2008Oil's giving it another try.. Edit: Looks like it's breaking up, I'd close my shorts...
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