[Gabe2004]

Potential EJ Short

Gabe

[Gabe2004]

Originally Posted by Gabe2004 »

Potential EJ Short

Gabe

Or potential EJ Long.
A long looks better.
Especially in light of the news concerning Dubai.

Gabe

[Gabe2004]

Originally Posted by Gabe2004 »

Or potential EJ Long.
A long looks better.
Especially in light of the news concerning Dubai.

Gabe

The bigger picture.

Gabe

[thalestrader]

Hi folks,

Up late here doing some on-line Christmas shopping with my wife, and decided to take a last look.

EU has etched out an ending diagonal. indicating at least a temporary pause in the rally is likely. Again, if price breaks out above, rather than ranging sideways or reversing to down, the move is often strong.

Best Wishes,

Thales

[Ernie McCracken]

New here, so go easy. So much to learn. Anyway, I'm long on GU and EU. After dipping within ~10 pips of my original S/L, I moved original S/L (red) to BE, and fighting that urge to take the 120-130 pips before it hits my target (green). Thoughts?

[Ernie McCracken]

Update: Well that turned quick. Hit my GU stop (dubai news?) to break even, but took 51 pips when I closed my EU position as it started to reverse. What did I miss?

[Gabe2004]

Originally Posted by Gabe2004 »

Or potential EJ Long.
A long looks better.
Especially in light of the news concerning Dubai.

Gabe

Actually the short was the better option.
As of today I will try and ignore news related biases.

Gabe

[Gabe2004]

Originally Posted by Ernie McCracken »

New here, so go easy. So much to learn. Anyway, I'm long on GU and EU. After dipping within ~10 pips of my original S/L, I moved original S/L (red) to BE, and fighting that urge to take the 120-130 pips before it hits my target (green). Thoughts?

You may want to eliminate the dead time from your charts.

Gabe