I shorted shortly after the market opened, at 1.2549. Covered the short at 1.2543. Opened another at 1.2542 and closed it at 1.2538. So much for "dailies." sKaLpZ
Yup agree - I'm still looking for some consolidation higher - Fri's action was a tad confusing. Maybe 1.2750-2800 or so this week. I know sounds a bit amitious given current scenario. I'm still looking to add to my shorts for 1.20 longer term - lets see what the week brings.
Gee, great 6 pip trades ya got going there. Living well up to your nick name here. When dailes are overbought, the risk for a correction tells the smart trader (I put that in italics for the same desired effect of your comment) to hold and give the RSI a chance to unwind before jumping back in the water again. Just because you do not use them, or care about them, does not mean the rest of us should not.
Agree in the long term. A slight corrective action might come when and if the Frenchies don't lay the smack down. But the long term is down, down. Did you read your morning Jack today, CS?
Yeah nothing like a fix of Jack every morning Signed up upon your recommendation and really enjoy his comments. EUR trying to bounce and I think this time it will succeed. Needs to break 1.26 then off to 1.27.
LMAO! "When dailes are overbought, the risk for a correction tells the smart trader (I put that in italics for the same desired effect of your comment)" *yawn* "... to hold and give the RSI a chance to unwind before jumping back in the water again." Mm-hm... "Just because you do not use them, or care about them, does not mean the rest of us should not." Nah, I see gathering storm clouds, bro. My only suggestion is... get ready for the storm. TheSkalper
Remember when I said your presence would probably bring the beginning of the end of this thread because of your excellent people SkIllZ?
sKaLpZ, i'm not sure why but i dont understand any of your posts, i hope this is because English is my secocond language and not because your posts do not mean anything at all. BTW, please start your won threat so the people who like your thought can follow it.