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Old 03-14-2007, 03:30 AM   #1

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Week 11

Finally a setup appeared after waiting so long from vacation! Taking a short here at the break of the bear flag. Looking for 9140 as possible target. 8933 is measured target for this bear flag.

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Old 03-14-2007, 10:40 AM   #2

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Re: Week 11

Wow, I didn't expect the big push up. Out 9272.
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Old 03-14-2007, 10:43 AM   #3

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Re: Week 11

I didn;t realize we were already at 50% retrace on daily. Wow, getting rusty from vacation. Being on vacation sure takes the routine out of doing the right thing.

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Old 03-14-2007, 11:03 AM   #4

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Re: Week 11

Yeah, doesn't take long to slip out of the groove huh?

These major European pairs are good buy candidates on pullbacks. Nothing has changed out there to offer the Dollar a leg up really.

I guess if you're jobbing then maybe it's a slightly different perspective, but you gotta be fleet of foot taking that option in current circumstances.

On a side not, I see this place now has a FX chat facility. Looked in on it earlier, but no-one home. I guess most folks on here are heavy indx ftrs players judging by the content, does that FX room ever attract personnel?
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Old 03-14-2007, 11:07 AM   #5

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Re: Week 11

It just opened up so no one knows about it yet. I haven't gone there myself until there is someone else I can chat with (I can chat with myself in the comfortable of my chair without the chat room thank you LOL).

Yes, the action has been very messy lately, no direction. I saw a bear flag but it turns out there are lots of resistance sitting just below the flag. I take it was a consolidation/reversal working. I'll be looking for buys now.
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Old 03-14-2007, 11:18 AM   #6

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Re: Week 11

Quote:
Originally Posted by torero »
It just opened up so no one knows about it yet. I haven't gone there myself until there is someone else I can chat with (I can chat with myself in the comfortable of my chair without the chat room thank you LOL).
Gotcha. Yeah if it's new I guess it'll take a while for folks to cotton on.

Agree, not much outside range activity on the European's. The cute cookies are merely soaking up the supply under these topside stop builds. If those blow, we'll get a decent run no doubt.

Yen's been the place to be of late. Plenty goin on across there.
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Old 03-14-2007, 11:31 AM   #7

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Re: Week 11

Yes, been watching GBPJPY and it's trending quite nicely. Unfortunately, I'm a one-woman, oops, one-currency man (LOL) so I can watch but can't touch it HA HA.
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Old 03-14-2007, 11:51 AM   #8

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Re: Week 11

I hear ya.

I'm not so loyal. If it lifts it's skirts, I'll pay it some attention!!

Hey, looks like we christened the FX room just now. Anna-Maria sprayed the walls with dubious grafitti. I best report that dishonorable behaviour to the site boss man!
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