with 5 lots it is time to sell them 132.88 on the BID now. I have sqrd up all sorts of longs and readded orders to get long.
Tonight guppy will run down within about 144 minutes of the london open.
IN case you missed the guppy bus north today, You will have another chance
around 4AM EDT to get long LOW again, better set your alarm clocks.
I am telling you 129 is VERY hard support. Even my 2 year old is buying at 129 and he is still new to forex, see his picture I had to steal it for my avatar!
But he just learned how to click the mouse.
If we break significantly below 129 I will eat my alapca hat, both of them, which by the way I had to wear both of them tonight.
It feels like Chicago at furbelow alpaca farms in goochland VA.
And when they are rioting in the streets for foods in the city, come on out and I will cook you some farm fresh eggs some fresh thick cut maple bacon from canada and some iron fried potatoes for breakfast, make sure you make an appointment first!
guppy is coming down to at least 130.49 BEFORE NY opens.
I could be wrong, it wouldnt be the first time nor the last time so donāt bet the farm on the short (retrace down) but guppy is very heavy.
I am going to london to spank her! DOnāt bet the farm on this short.
She loves to defy me I should ban her from baby pips so she cant read my thread anymore!
I didnt. setting TS on all the longs now from 133.50 134 134.50 and 135.00
at 7 pips, they all just closed now around 135.36 to 135.38. Bottom one grabbed almost 200 pips.
Good thing I didnt go short! AT least not yet I am thinking short now at 135.32 ish, But I dont dare I am just going to readd those long orders to get long in the dips.
she is at 133.10 again thinking she rick retrace up but she looks to be headed back down to me.
At this point I am buying in intervals of at least 100 pips down. my old 135.50 never got in profit.
I bought one long at 134.41 and 133.19
I have orders in to buy 5 at 130.50 then heading down to buy 5 each 50 pips down.
if she hits 132.10 I will get another long and then another long at 131.
These will be manual orders at market (only a fool buys at market my bro says.)
if she sinks below 131 my first 5 actually will fill at 130.60 then 5 more at 130 then 5 more every 50 pips down into 128.50.
I doubt guppy will make new lows.
And as I said before I expect her to rocket back up next week.
And after the new king of Amerika gets in (for now) early next week, expect hyperinflation to take over the markets and all sorts of things are going to skyrocket, as everyone realizes the new king is doing the same thing the old one did, printing $100 bills 24/7 making all my $100 bills and yours worth less until they have totally debased, devalued and defrauded us of everything.Before it is over 1/2 of Amerika may be on Food stamps!
And you know, you cannot buy Beer and smokes with those!
Ok my plan for the guppy is to take a long if guppy manages to break 136.61. If I manged to get a long entry at 136.61, I will lock in as profits when I see it. The general trend is still down to me, any long entry will be risky.
I would agree, the trend is still down, I will go long or short as my system dictates me to do, though shes in the middle right now and could go either wayā¦ up to 140ā¦ down to 129ā¦
Iāll be looking for quick 50 pip trades either wayā¦
I must say I was very anxious leaving over the weekend open longs in Guppy but then here you go now I m happy.
100 pips in Cable alone as well, that doesnāt happen very often.
Seems like inverted hammer hammered out the bottom for short time. Then two up candles. To me looks like these two are missing third one. Then strong resistance of the down trend. Will close half of the position at the 136.00 (above S/R line from September highs), then maybe second half at 138.00 (above S/R line from October highs -if she gets there).
āFundamonalsā are mainly "short lived euphoria on new US President inauguration, on the other hand British banks with possible new sceletons ready to do āPIKA BOOā (so far we only know they lend billions to Russian ābusissesmanā) so it remains to be seen. FSA has done a terrific job lifting up short selling ban on last Friday when the news about Russian enterprises started to leak out. I was too tempted I nibble on the bank shares as wellā¦ but very small position. There are only two options: the whole banking system in UK goes bust and we start 1930 Episode II or they will pop up on Monday opening.
Iām looking to most likely get short at the asian open, if my spread wasnt 15 i woulda at 135.42 but oh well. Iām expecting it to drop so Iād start to think about closing that long mateā¦
Ha, the same applies to me as the smoke hasnāt come down yet. Iāve locked profits at 135.00 so should be all right.
This bottom at 129 is so sticky and itās holding pretty well so far. But still the scenario for 1930 mess is still in cards. I still hope for more euphoria on Monday before it
Cheers Mate !
Looks like Cdawg has been right. Profits locked anyway for nice 150 pips on each lot. See how far she will fall down, as there are some other folks waiting at the bus stop. She may be a generous girl and will pick up a few late comers. but who knows what is her hidden plan
Rrram, what is your take on her these days ?
Will she scream through the North or it was just another fake run of her and big boys were loading shorts from better levels and the lid is ready to come of and she will go into the abyss ???
But based on this feeling I set orders to buy 5 lots long starting at 130.60
which got filled a few minutes ago. I also got 2.5 lots long at 131.00
I am saying she is going to try to hit 150 from here.
My orders to get longer from here go down densly into 128.50 at 5 lots per stop.
I will someday learn patience. So today I will walk away and let guppy do here thing, but keep in mind 150 or a serious attempt to get to 150 is definately in the cards. I would be happy with 146.'s even where I will unload some 5 lot orders I got in error around 142.
in mt4 when you change the lot size on an order, next time you order it defaults to your last LOT SIZE! Dont forget this HEH!
:eek:Heh, RBS (Royal Bank of Scotland) shares are down 60!!! % they are worth a few pennies now. This doesnāt look promising, Iām afraid the lid may be very weak and this time Guppy will slice through 129 easily. How far will she go ?
Banking sector is in a real trouble here. The problem is a huge banking sector is attached to medium size economy so Iām not sure if Gov has enough money to bail them all out.
I will patiently wait till she gets to 129 and see what happens next.
So far daily is painting a beatufil bearish engulfing, not seen for ages. But there you go she tends to ignore indicators and patterns.
132.88 on the BID now. I have sqrd up all sorts of longs and readded orders to get long.