Intraday FX Player

[yoohoo]

trade - don't guess - don't think

 

[cabletrader]

It's all a guessing game, who knows what will happen

 

[Pholeuon]

Yohoo, I was long part of ride /I wish I get in earlier but at least I get something/ however now it looks to me that we are very close to top of long term channel from 8th May. Therefore I will try take a short but just after it will start falling. I simple do not see clearly line from where and point of turn.
If you think we can go up more let me know because this can save my ass - once short I will have hard head similiar to irish.

 

[CFerret]

Quote from cabletrader:

Hi guys, nice thread!

I'm averaging into a short from 1.5640 right up to 1.57, looking for a move back down to 1.5480 area and if it breaks below that then 1.50 sometime soon.....well that's the plan anyway

A ha, I see!

 

[yoohoo]

Quote from Pholeuon:

Yohoo, I was long part of ride /I wish I get in earlier but at least I get something/ however now it looks to me that we are very close to top of long term channel from 8th May. Therefore I will try take a short but just after it will start falling. I simple do not see clearly line from where and point of turn.
If you think we can go up more let me know because this can save my ass - once short I will have hard head similiar to irish.

Look at bigger structure 1st...

 

[CFerret]

Quote from yoohoo:

trade - don't guess - don't think

Ya that one was textboox, saw it too...

 

[yoohoo]

you should have an easy short and stop just over and watch clock

1 min has not overbalanced yet - needs another small push down

 

[yoohoo]

test now

 

[Pholeuon]

Yes, I see the bigger picture. However i expect some hesitation on top and the stop run on the new short position.
I wish have a bit longer short position now but my heart is very endagered if I am in red. However I see potential target around 54 this is big chance.

This is probably point where the clock can help - but simple I do not know how until now. We can wait to US PPI /with usuall fooling and stop hunting/ - this is usually big market shaker.
But we can start earlier, I simple do not know. I feel we will go higher before downturn but do not want miss move.

 

[yoohoo]

Quote from Pholeuon:

I simple do not see clearly line from where and point of turn.
...once short I will have hard head similiar to irish.

ok - we got strict rules about when to enter and exit and a zillion e.g. in the thread

Now 1 min in a squeeze and price didn't overbalance - squeeze is a playable reverse up