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Old 01-19-2010, 12:46 PM   #3433

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Re: Reading Charts in Real Time

240m 6E chart
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Old 01-19-2010, 12:46 PM   #3434

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Re: Reading Charts in Real Time

Quote:
Originally Posted by thalestrader »
Repeat after me .. Short the Euro, Long the Pound ... Short the Euro, Long the Pound ... Short the Euro, Long the Pound ...

At least until it changes, right?

Best Wishes,

Thales
Haha...you beat me to it! (took me a while to make all those quotes for dramatic effect )
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Old 01-19-2010, 12:47 PM   #3435

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Re: Reading Charts in Real Time

6E daily chart
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Old 01-19-2010, 12:50 PM   #3436

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Re: Reading Charts in Real Time

Long the pound!

Reading Charts in Real Time-gbpusd-100119-m15f.gif

Kind regards
BT
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Old 01-19-2010, 12:56 PM   #3437

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Re: Reading Charts in Real Time

Just watching this at the moment as price seems to have come to a halt at this level.

Reading Charts in Real Time-usdjpy-100119-m15d.gif

Reading Charts in Real Time-usdjpy-100119-m15e.gif
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Old 01-19-2010, 01:53 PM   #3438

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Re: Reading Charts in Real Time

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Originally Posted by Beachtrader »
Just watching this at the moment as price seems to have come to a halt at this level.
Maybe a potential short. Price sure has stopped/slowed down, though.
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Old 01-19-2010, 01:54 PM   #3439

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Re: Reading Charts in Real Time

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Originally Posted by Beachtrader »
Long the pound!
I'm with you BT! I'll not let that initial stop stand long. If my buy stop is filled, I'll likely bring the stop loss to -25 or so, and maybe even closer.

Best Wishes,

Thales
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Old 01-19-2010, 02:13 PM   #3440

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Re: Reading Charts in Real Time

These are the trades I find most uncomfortable - when you are stopped in and price goes from an immediate +6 or so to -6 in the blink of an eye. This is when I start thinking, and when I think, I usually do the wrong thing.



Best Wishes,

Thales
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