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Probably a good idea but since the overall trend is short it doesn't bother me to hold longer. The daily spike from 1.0866 still has to be tested. I'm not worried. I may be out by 1.0975 though anyways.
I'm counting on both to do what I tell them to do Haha
And there's EU @ 1.1109 second short entered. Hopefully it doesn't decide it wants the 188.6 FE as well. Either way it's just another 10 pips away. No worries.
Yep. Looks like I got out of that UCAD just in time. It fell nicely
I know what you mean. EU says 1.1110 might be coming at the 161 FE that's where I'll add a second EU short.
Yeah all I saw was 35 pips on that 5 min IHS anyways. I took 17 pips and they can have the rest.
So much for being done huh? Lol. That didn't take long
I don't blame you. You have done well already. I'm playing catch up. Went ahead and took 17 pips on the UCAD 5 min. Gotta take those profits when I can. Trying to get back to a green day.
Yeah it could go to the 161 FE but on the 5 min that's about 10 pips so no worries.
And there's the 100 FE on EU. I'm short @ 1.1098 Fingers crossed.
EU just tagged the FE 61.8
Looks like a hammer form on the 5 min break of the IHS neckline retest on UCAD. Gonna flip long. Hopefully I don't get whipsawed here. 35 pip target.
And EU is preparing for a long looks like. I'll wait for now since overall it's a short position....I think
Nice going there. UCAD is trying to form an IHS on the 5 min. Time to cut my losses. Overall I think it's bullish but I was trying to steal a few that didn't pan out. Time to move on.
Yeah I've noticed that it didn't take long to get 30 pips in the hole...lol
Trying to get a count now. It definitely speeds things up a bit.
Yeah this 5 min chart is working my nerves now. Lol
Good deal pennies. You can have that one.
I shouldn't have been surprised by that UCAD short. Didn't have any follow through so I should've bailed. Good thing I was in small.
Yes it can.
Trying to steal a few pips on UCAD short trading on the 5 min. Now talk about painful....
Yeah I'm thinking it has to move that much in order to equal the average moves on the other pairs.
Pennies I played that pair yesterday just for grins with a micro lot and that thing has a weird calculation for me. I saw like 28 pips racking up but no money to show for it. I canceled that one out, in profit, but not much.
I've been there and that's why I'm trying to protect my gains so I'm proceeding with caution during this news week. See you when you get back.
Morning pennies. Nice trading. I'm still on the sidelines for now.
The market does that to us all. I just try to keep my losses small in the process. Other than the 33 pips I got this morning, today has been a bust for me. I've just been watching charts all day.
Yep got it from you. And if I'm wrong I'll live with the result and move on.
Guess that's possible too. I didn't see that one. Good eye there. Either way I'm on the sidelines until a confirmation one way or the other. For the record though, I'm leaning topside and that's my story. lol
I see your point. Looks good too on a downward sloping neckline. I see an up sloping neckline on the TDI and price action has 4 consecutive higher highs on the 4hr. Isn't that the same thing? I don't usually use the TDI for that so I'm just wondering.
Of course the IHS on the TDI isn't confirmed yet until the pop upwards but it's looking highly likely. I have it on watch until then though no position....yet.
Lol.. the only way to ensure that UJ tanks is if I go long. That seems to happen a lot. Haha. I'll help out if I can.
AU still bullish. So they say...
http://www.fxstreet.com/news/forex-news/article.aspx?storyid=ee442739-8ba1-40ab-8f30-281bf00bb7c5
Ain't that the truth. Like watching paint dry. I sure hope it's not gonna be like this all week while we wait on news.
Simple, everything seemed stuck today. It literally put me to sleep
I had an NU short but cut it loose. Of course it dropped afterwards but that's likely for me.
Good deal. I didn't think anyone was making money today.
How'd you do, Jav?
Took 33 pips on EU short flipper position. Still holding a longer term position for now.