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jcminvest replied Sep 11, 2008hey everyone!... hope all had a good day on the charts... wonder if anyone is setting up right now for anything? I see potential Long if it passes 8MA. Then adventually setting up for another short to test bottom. Key for my would be making sure to ...
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jcminvest replied Sep 11, 2008i went short as well... have a good day everyone
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jcminvest replied Sep 10, 2008did you close your long position? or are you waiting for a higher price?
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jcminvest replied Sep 10, 20087470 is a determining point in the setup right now... if it goes down again and doesn't pass then a rather strong support has been found (already strong in my opinion) if it passes look for it to drop hard. Plus we need to watch out for the reports ...
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jcminvest replied Sep 10, 2008its due for some retrace... how much nobody knows... we had a very minor bottom hammer formed on the last stick but we will have to see... ive been forcasting a strong fall here in the next 24-48 hours... so be careful!
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jcminvest replied Sep 10, 2008anyone seeing this baby go up before it goes down?
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jcminvest replied Sep 10, 2008grey hairs huh? buh i dont need them at 23 years of age... never good
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jcminvest replied Sep 10, 2008haha I know I just felt like complaining haha... im better now thanks lol
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jcminvest replied Sep 10, 2008yeah im watching too... It was showing a nice bottom hammer but now it jumped down right at 4 hour close haha... now im not second guessing quite as bad
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jcminvest replied Sep 10, 2008guess maybe i stopped my long a little to quickly haha... stupid stuipd stupid... but then again I could be saying smart smart smart in another 20 mins...

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jcminvest replied Sep 10, 2008Would I be safe to say that breaking the 7470 would be a good level of support? And if broken see ya later ?
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jcminvest replied Sep 10, 2008Thank you my friend for the incouragement... ive had a good week so far... every trade is a learning experience... thanks Nav for letting me know about that line that was broken... gotta keep focused
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jcminvest replied Sep 10, 2008Yes I agree but My trade was placed based off of previous patters and I really didnt think the drop would start untill London open tomorrow... but I did miss the break of resistance.... SL of -60 pips... Lose some win some
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jcminvest replied Sep 10, 2008thanks man i'll need it... if we drop that far I believe we have a good postion for a short trade to hold into friday.. agree?
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