Reading Charts in Real Time - Page 60 - Traders Laboratory Forums

thalestrader · 10-05-2009, 09:15 PM

Quote:

Originally Posted by thalestrader »

Here is a look at the Yen flashing a rally attempt.

From flasher to streaker ...

Best Wishes,

Thales

forrestang · 10-05-2009, 09:26 PM

Here's mine.

Also attaching interesting action on EU as well.

thalestrader · 10-05-2009, 09:36 PM

Quote:

Originally Posted by thalestrader »

From flasher to streaker ...

Best Wishes,

Thales

Possible target if this rally continues No predictions ... just making notes. If I were long on that breakout, I'd be at or near breakeven on my stop loss.

Best Wishes,

Thales

TradeSmart · 10-05-2009, 09:59 PM

You would think that after all of the times I've seen Thales post a real-time chart and then watch his prediction come true, I would take a minute to open an account and then just trade based on his postings. I'd actually feel really bad making a trade that way considering how much focus, time and hard work he puts into each trade. Good chart, Thales.

Gabe2004 · 10-05-2009, 10:03 PM

Quote:

Originally Posted by forrestang »

looks like you might be right

Looks like I was wrong on the xJ pairs direcion.

Gabe

forrestang · 10-05-2009, 10:32 PM

Quote:

Originally Posted by Gabe2004 »

Looks like I was wrong on the xJ pairs direcion.

Gabe

P1 hit, stop on 2nd half at BE, looking for nat stop.

Quote:

Originally Posted by Gabe2004 »

Looks like I was wrong on the xJ pairs direcion.

Gabe

Looking at it again, I think the G/U might be in preperation for that long side based on the intermediate swings, if it ever decides to stop meandering around.

thalestrader · 10-05-2009, 11:17 PM

Quote:

Originally Posted by thalestrader »

Possible target if this rally continues No predictions ... just making notes. If I were long on that breakout, I'd be at or near breakeven on my stop loss.

Best Wishes,

Thales

A final look before bedtime. Buy point was 182, and price moved about 66 ticks from that point before the current consolidation (for now it is a consolidation, though sometimes a consolidation is really a reversal).

Best Wishes,

Thales

thalestrader · 10-06-2009, 07:31 AM

Hi Folks,

Looking at a longer view of the GBPUSD, I still think that the next 1000+ point move will be down not up. Of course, the GBPUSD will offer a god number of long trades for the day trader during that time. But, the big money is made in the big swings.

Best Wishes,

Thales

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The Following User Says Thank You to thalestrader For This Useful Post:
Dinerotrader (10-05-2009)

The Following User Says Thank You to forrestang For This Useful Post:
Dinerotrader (10-05-2009)

The Following 3 Users Say Thank You to thalestrader For This Useful Post:
Dinerotrader (10-05-2009), forrestang (10-06-2009), TradeSmart (10-05-2009)

The Following User Says Thank You to TradeSmart For This Useful Post:
thalestrader (10-05-2009)

The Following 3 Users Say Thank You to forrestang For This Useful Post:
Dinerotrader (10-05-2009), Gabe2004 (10-05-2009), thalestrader (10-06-2009)

The Following 4 Users Say Thank You to thalestrader For This Useful Post:
Dinerotrader (10-06-2009), forrestang (10-06-2009), Gabe2004 (10-06-2009), hunnybunny (10-06-2009)