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  #501 (permalink)  
Old 05-27-2008, 03:59 AM
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Originally Posted by Piphacker View Post
Well i recommend everyone to stay away from the market coz it's dead slow ...As i mistakenly enters for long on EURO/CHF but i was holding my long position since from morning and atlast closed with -13 Pip's now see E/C Seems like retraces back in my favour now if i still remains there than i can close my position on breakeven point...Anyway's its a part of business...
& about G/U I think its also still struggling between This triangle trendline & i think maybe it if go maximum than maybe try to break its resistance line and hope so from their it will fails and retraces back than onthis point will be a good short trade. No doubt that from weekly G/U Chart trend absolutly seems bullish but from daily chart seems like maybe it a time to show some bearish movement now for maybe next couple of day's but it also depends on other condition's like fundamentals and technicals like it break its D/F resistance levels time to time or not??? but now if in a 4-hour chart if G/U Break its resistance line than maybe it may also shows some more bullish movement but i think it will not coz its a closing session now and if it breaks the resistance level than i think bullish move will be not enough for a good long trade ...stay away for today...

Hi greywolf.
I have posted the screenshot of GU Last night & see it did happened same which i was expecting i said i was expecting the break of supportline & see G/U DId same today with +50 Pip's almost
I also missed this move as i was busy with my U/C Trade since from morning but it was an excellent chance to go short on G/U...Now see both G/U Screenshots 1st one is of last night & 2nd one is of today with perfect breakdown
PipHacker!!!
Attached Images
File Type: gif xxxguxxx000.gif (15.6 KB, 9 views)
File Type: gif xxxguxxx11.gif (14.3 KB, 8 views)

Last edited by Piphacker; 05-27-2008 at 04:01 AM. Reason: Wrong Screenshot was attached now attached again properly!!!
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  #502 (permalink)  
Old 05-27-2008, 04:46 AM
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Quote:
Originally Posted by Piphacker View Post
Now see the screenshot ...well frankly speaking i was little overconfidence about this short trade as i was very much expecting the strong bearish movement coz U/C On one time seems to struck at 0.9898 /99 for a long time and clearly seems struggling hard for down flow also see that stoch was crossing from overbought area and heading down ...though o.9880/82 was a support line which actually didnt breaks but i was very much sure about bearish movement and enter for short on 0.9890 when price crossed down previous candle but when i see that price just taste its support level & was retracing back than i immediately closed with -7 Pip's though it didnt yet hit my SL but i most of times dont wana hang myself in trades in which price go against me & also see here my 0.9890 entry was not after the break but actaully before the break with my confidence ...
PipHacker!!!
WOW...all the USD pairs seem to be going crazy!!!...think this is in anticipation of the major news coming up?? If the news is not good, then maybe there will be just as big a move back again...hmmm
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  #503 (permalink)  
Old 05-27-2008, 04:56 AM
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Originally Posted by Sweet Pip View Post
WOW...all the USD pairs seem to be going crazy!!!...think this is in anticipation of the major news coming up?? If the news is not good, then maybe there will be just as big a move back again...hmmm
Yepp!!! Seems a great volatality in the market today... I think batter to stay away atleast for another hour ... Specially see Gbd/Usd after the break of it's perfect support line it dropps for almost +100 Pip's now even without any important fundamental related with G/U... (for more see my previous posted screenshot with G/U Support line break)
PipHacker!!!
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  #504 (permalink)  
Old 05-27-2008, 06:01 AM
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Seem's a long apportunity On Cad/Chf Pair # 1.0367
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  #505 (permalink)  
Old 05-27-2008, 06:16 AM
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Long On Cad/Jpy @ 104.90
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  #506 (permalink)  
Old 05-27-2008, 06:18 AM
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Now see Guy's Seems Usd/Cad is retracing back in my short entry favour which i already closed and seems now show some good bearish movement ...I think it was the news impact when it retraces back from 0.9890 coz i was almost sure about this short trade thats why i enter without the break of support line of trendline now see retraces back to bearish mood
But iam out of this trade
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  #507 (permalink)  
Old 05-27-2008, 09:42 AM
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I was long on G/U @ 9825 from Friday, it did go against me for a bit, but i just waited it out and got out @9839, which i was lucky to get because it only went up to 9845.
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  #508 (permalink)  
Old 05-27-2008, 10:46 AM
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Thumbs up Winning Cad/Jpy Long Trade!!!

Quote:
Originally Posted by Piphacker View Post
Long On Cad/Jpy @ 104.90
All target profits are successfully Achieved tp =4 = +40 Pip's Position Closed for +40 Pip's

PipHacker!!!
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  #509 (permalink)  
Old 05-27-2008, 10:50 AM
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Originally Posted by greywolf238 View Post
I was long on G/U @ 9825 from Friday, it did go against me for a bit, but i just waited it out and got out @9839, which i was lucky to get because it only went up to 9845.
Lucky enough to get out coz see my previous posts with screenshot's that how G/U Breaks the support line & that bearish movement is totally coz of it...
PipHacker!!!
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  #510 (permalink)  
Old 05-27-2008, 12:32 PM
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Well i didn't see anything i like today, and the London session is almost over anyway. E/U G/U can't make up it's mind which way it wants to go.
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