Intraday FX Player

Discussion in 'Journals' started by CFerret, Mar 26, 2008.

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  1. trade - don't guess - don't think
     
    #2371     May 20, 2008
  2. It's all a guessing game, who knows what will happen :)
     
    #2372     May 20, 2008
  3. Yohoo, I was long part of ride /I wish I get in earlier but at least I get something/ however now it looks to me that we are very close to top of long term channel from 8th May. Therefore I will try take a short but just after it will start falling. I simple do not see clearly line from where and point of turn.
    If you think we can go up more let me know because this can save my ass - once short I will have hard head similiar to irish.
     
    #2373     May 20, 2008
  4. A ha, I see!
     
    #2374     May 20, 2008
  5. Look at bigger structure 1st...
     
    #2375     May 20, 2008
  6. Ya that one was textboox, saw it too...
     
    #2376     May 20, 2008
  7. you should have an easy short and stop just over and watch clock

    1 min has not overbalanced yet - needs another small push down
     
    #2377     May 20, 2008
  8. test now
     
    #2378     May 20, 2008
  9. Yes, I see the bigger picture. However i expect some hesitation on top and the stop run on the new short position.
    I wish have a bit longer short position now but my heart is very endagered if I am in red. However I see potential target around 54 this is big chance.

    This is probably point where the clock can help - but simple I do not know how until now. We can wait to US PPI /with usuall fooling and stop hunting/ - this is usually big market shaker.
    But we can start earlier, I simple do not know. I feel we will go higher before downturn but do not want miss move.
     
    #2379     May 20, 2008
  10. ok - we got strict rules about when to enter and exit and a zillion e.g. in the thread

    Now 1 min in a squeeze and price didn't overbalance - squeeze is a playable reverse up
     
    #2380     May 20, 2008
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