I hear ya on this one... I have an order sitting to sell 978.75 (got missed by a tick a few minutes ago)... stop 980 :edit: its looking like I'm not gonna get my fill... trade canceled, but good luck to you
Liking this setup now.... short 977.75, stop 980... target 970.50 Pretty textbook trade if you follow practical EWT at all.
Correctamundo. His SL used as a short entry was good for 10 points.... Overnight low was 66 after that position....
After 18 pts swing we are back to the pivot? Like to see pull back into the higher timeframe moving averages before considering any long. On the other hand, going short now at 64 is a bit too risky ...
10-31-08 02:53 PM 10-31-08 10:25 AM short 20 @ 963.25 Initial stop 991.25 Will hold for the weekend if not stopped. Maintaining this position here. (Monday Morning)
B1S2, You mentioned you will go long if longer term chart (daily or higher timeframe) gives you a signal. From your chart, is it likely a long signal can happen in these 2 days as US election day is tomorrow? My charts from daily and up are all neutralized. i.e. can be sideway or ready to dump again.
Not sure if the join central banks intervention on yen from 91 to 100 are willing to let their "fruitful results" go in smoke