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Qui-Gon Kagi

10/04/13 1:22 PM

#123469 RE: pennies2007 #123468

Thanks. Oh and btw, when I said "done and done", I didn't necessarily mean the 5th wave down was done, but rather the best nearest spot for taking a that 5th wave short is done and gone. If it continues to decline from here without returning to 1.615 then that's ok too. I'll just let G/U do what it's going to do now and look to exit my initial trade if we see 1.59 first.

I'm only down 5% for the month of September. If I'd traded the zones that I have marked on my chart, I'd be up at least that amount if not more depending on lot size. That daily and weekly 1.625 price point at the bottom of the major supply zone was where I would have taken my short and I'd be up a couple hundred pips alone had I takn the short either monday or tuesday and held it through this morning. Definately increases my hope that I can turn things around now.