Search results

Got long again @ 43 and now closed for 4% profit.

Yoohoo, What would be your advice about "how much is enough" in regard to factors being in favor of the trade (reversal)? Like, simply reversal pattern without anything is not that good, but how many additional clues are usually enough for you to call it a trade worth to take?

Out @ b/e.

Long @ 43.

Yes now see it was a good bounce, but still have not enough willpower to just don't think and act upon signals with no bias... Need to work on that...

Out of my long for a loss of like 0.2% as we are lower...

Resistance (yesterday HOD is holding so far)...

ROFL @ British hooligans, piranhas and sexy nurses... :D

Banjo, Reading the log, ROFLMAO, that was real fun between Hog, Stu and DG... :D

Longed @ 68 on small size just to test my bigger picture view...

Banjo, LOL, such a pity I left the chat earlier... Will read the log now... :D And your fundamental observations are extremely interesting so please don't shut up, it gives another feel to technical analysis when you also see the real people behind the market... :)

Yoohoo, Yeah will do so and my view so far is closer to bullish too as long as we are above the bottom of triangle...

BTW, yoohoo, thanks for another valuable advice I use now... 5min (not even speaking of 1min) is messy and slow this morning, so I have switched to larger TF's and watch them now and it keeps me watching the market in a right way and not getting lost in a mess...

Addition to my technical gameplan view: If we break down from this triangle at the top, then some selloff can really become real today...

Banjo, Yeah I saved that calendar it's good that shows what news are likely to cause big moves... And agree on Germany, this country is extremely important for EURO behavior... Will read those news and commentaries too to try to also get the fundamental picture of what moves the market...

Really hard for me to say what exactly I anticipate cause from one side 4H shows a divergence and toppy formation, but from another 1H is now forming a triangle pointing to the top (usually good pre-BO setup)... So if this 1H triangle stays intact and goes higher then I bet we're going above...

Hourly gameplan is looking like going up to me now, despite the bearish top signals which technically are here...

Low volume this morning...

Will, So slippage wasn't that bad actually and wrong stop also happens from time to time... Bottom line - it's ok. :)

Yes, Kiwi traded HSI (BTW, it seems to me that his approach was also somewhat close to Banjo's and yoohoo's), but said that after Shanghai traders came this market has become unsuitable for him so he moved to something else...