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cat replied Jan 9, 2013To all those who keep warning everyone not to trade against the trend, I've got news for you - there is no trend at the moment, which is why it can turn on a halfpenny.
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cat replied Jan 9, 2013Yes, but you've got to know where S&R is, or have an idea, and if you think it's worth a shot, even against the trend, then go for it, it's what trading is all about.
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cat replied Jan 9, 2013yeah I know, fortunately it's the really dumb stuff we do that makes its mark, thereby making it easier to change, if you know what I mean. Things we do well breed complacency, where as balls ups force us to remedy.
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cat replied Jan 9, 2013I'm going to be watching 45 - 30 for this, perhaps, to turn to the upside.
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cat replied Jan 9, 2013Nothing wrong with this pa actually, we had a very nice 300 pips straight down last week, and now, as is usual after a big move, we are watching the technicals ready to pick up the price once it has aligned itself again, meanwhile, patience and ...
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cat replied Jan 2, 2013I reckon we'll see a decent rise, though I admit it's anybody's game at the moment. Looks like it might be one I'll hold through the night as I've got a 5pip SL below the low, so definitely worth hanging on, Asia might provide

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cat replied Jan 2, 2013It's not such a powerful MA for sure, but i still have it on the H4 and Daily chart, it doesn't get in the way. Last time it was hit on H4 on 7th dec, the price punched through to find good support on the 200SMA, as anyone who went long there will ...
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cat replied Jan 2, 2013Could be certainly, or even 200SMA, but right now it's respecting the 100sma, so we'll see.
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cat replied Dec 28, 2012Okay, seems I'm getting different quotes from the ones I'm replying to, which is a bit confusing for everyone to say the least.
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cat replied Dec 28, 2012Sorry, that was in answer to Bice, asking for help with closing trades.
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cat replied Dec 28, 2012[QUOTE=pipper;6326119]closed H4 right on 1.3210. bullish sign for later perhaps. hopefully heading lower now (maybe another retest of 3221)[/QUOTE Price usually aims for key targets, like fibonacci numbers or moving averages for example. On the 15m ...
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