Added a 2nd at .9218, set a stop at .9255, could this be the correction everyone has been waiting for?
EUR/USD & GBP/USD & AUD/USD Forex Trading
- Thread starter increasenow
- Start date
Added a 2nd at .9218, set a stop at .9255, could this be the correction everyone has been waiting for?
I made this today:
All CME Globex Futures:
+26 AUD
+26 CAD
+20 SF
YES!!!!!!...now off to warm up my Starbucks...again
All CME Globex Futures:
+26 AUD
+26 CAD
+20 SF
YES!!!!!!...now off to warm up my Starbucks...again
.9000 has become a serioius new resistance for the AUD/USD...anyone take the "ride south" with the AUD/USD ove the last 2 days...great $$$ to made for AUD/USD shorts...anyone?
also, the AUD/USD has closed under the 5 and 20 day moving average...very bearish...
A/U on the 4hr...had a nice sell off but probably time for a bounce.
I think davidmaria1 has been short since 92 and higher, he posted a chart just a couple of posts ago, he's probably moved his stop by now though I expect.
Hmmm, everyone's selling, I guess I should think about buying again!
Quote from cabletrader:
I think davidmaria1 has been short since 92 and higher, he posted a chart just a couple of posts ago, he's probably moved his stop by now though I expect.
Hmmm, everyone's selling, I guess I should think about buying again!
I appreciate the thought, but, I've held a couple longs through the drop, and added 2 more when support at .9100 held.
Heartstopping, to say the least.
It's called "adding to the position" when the trade is profitable.
It's called "doubling down" when it's a loser.
:eek:
Oh right, I thought you were short!
Nothing wrong with a bit of averaging and adding to losing positions......I call it 'scaling in'
Have you ever tried using a box option instead of a stop or no stop? Last time I looked they were too expensive, don't know what they're like now.....
Quote from euclid:
Great buy signals. Thanks increasenow! Perfect timing as usual.
I'm making an 'Increasenow EXTREME trading' indicator, think I'll punt it on eBay for $99.99, a bargain!!