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dbfusion replied Oct 29, 2010short term view thinking out loud and pocketing 60 pips @ 78 fib in case anything goes wrong
any thoughts ?EURUSD
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dbfusion replied Oct 29, 2010this is simple chart . i see first target . i guess if this area cleared away , new rally might start . any thoughts ?
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dbfusion replied Oct 29, 2010any one thinking 1.44 - 1.45 ? this is not the action that promises a break to the down side i am 70% on on the bull camp . waiting one more good break of 1.4 and i think it might be another rally but not as strong as earlier . that's long term ...
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dbfusion replied Oct 29, 2010i hope the future wont show us that 3810 was good long term long entry for those who missed 3730s . i am out any how .
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dbfusion replied Oct 29, 2010that was one difficult bottom picking task
ended up with one long @ 3818 closing half + 18 and closing earlier long no harm done. whats wrong with the Portuguese, Spanish and Greek 5 yr CDSs.EURUSD
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dbfusion replied Oct 29, 2010from extreme bullish day to extreme bearish day . first trade of the day longing 3838
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dbfusion replied Oct 28, 20103 hours of 20 pips side way not wanting even to touch the last swing high on the 5m chart is extreemly bullish . the bulls are saying its buy at any price ,it has more room . period I am done for the day . wish every one good luck and profitable ...
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dbfusion replied Oct 28, 2010according to this pa , my maximum target now is 3900 this thing is so powerful and can fly to any highs it wants even new ones . handle with cautious.
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dbfusion replied Oct 28, 2010thanks mate . trust me I know its very strong up move . whatever happens is fine. I don't encourage shorting blindly on this move , if you checked my posts today in London start you will see me saying literally (shorting this move is suicidal ) just ...
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dbfusion replied Oct 28, 2010yes ofcorse its far . i won't be surprized if pa went even till 3950 . very soon. i dont like pa now honestly . but i am gonna stick for now thats why i faded part. just trading safley nothing more . just wanna see if it happened will it be a double ...
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dbfusion replied Oct 28, 2010yes
but this time my target is quite different. i am still in the trade . i fade out to be safe than sorry , I like bird in hand than 10 on tree . and my target is 3870 now
ofcorse target can change based on what PA does. but for now its 3870 ...EURUSD
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dbfusion replied Oct 28, 2010how about approaching 61 fib
update . fading out portion 20 +pipsEURUSD