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Old 02-08-2010, 10:36 AM   #4289

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Re: Reading Charts in Real Time
long on 6e
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Old 02-08-2010, 10:52 AM   #4290

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Re: Reading Charts in Real Time
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long on 6e
trade closed +21
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Old 02-08-2010, 11:19 AM   #4291

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Re: Reading Charts in Real Time
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A quick -9 ticks to start the week as I again need to relearn the lesson of why my mother always told me not to play in the chop zone.
This is the proper way to behave when visiting the Chop Zone: sit on your hands and take your cues from the last real high and last real low.




Best Wishes,

Thales
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Old 02-08-2010, 11:21 AM   #4292

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Re: Reading Charts in Real Time
took off half on GU here - balance at b/e, going to let pa help me detemine exit.

UPDATE:

out rest of GU - leaving 1 car as a runner
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Old 02-08-2010, 11:58 AM   #4293

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Re: Reading Charts in Real Time
possible long on YM
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Old 02-08-2010, 12:13 PM   #4294

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Re: Reading Charts in Real Time
GBP/USD has come up on a level of potential major resistance...
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Old 02-08-2010, 12:27 PM   #4295

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Re: Reading Charts in Real Time
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GBP/USD has come up on a level of potential major resistance...
Good eye, Cory. As with the 6E/EURUSD last night, this PA following the high seems to have the character of a pause more than a reversal. And, as price fell short of my BE threshold, I am holding for my targets - 1.5690/1.5782 basis the 6B. Price may have a chance if MidK would stop selling right here!

We shall see ...


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Old 02-08-2010, 01:20 PM   #4296

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Re: Reading Charts in Real Time
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possible long on YM
I cancel my stop buy
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