Intraday FX Player

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

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  1. Perhaps I can trade the futures and not FX ??
     
    #4021     Jul 7, 2008
  2. Hey Will,

    did you trade the AM session of the HSI?

    If so whats your guess on the open and the direcition in the afternoon?

    I normally close out and go to bed before the end of the AM session but I am still in.

    Thanks

    Bob
     
    #4022     Jul 7, 2008
  3. Longer term gameplan is looking like a swing down (July 3 candle was a nice bearish engulfing)...

As for shorter term, not sure yet.
     
    #4023     Jul 7, 2008
  4. #4024     Jul 7, 2008
  5. Hello Bob

    Price is at the top of 30min TF's channel (lunch close), but on the daily it's still a long way to go till resistance. Shanghai recovered 4% today,

    let's see how it open on the afternoon, honestly I would like to see some support around 730 area in the first 15 or 20 minutes before I decide (for a long). If we have a mega bust upward in the first 15 or 20 min watch for retracement. If we can't even make it back to High of day, I would short on the first double tops or first lower top :)

    My money is with the short, but. it's a very bullish day in both the HK and China's market.. Very likely that China Govt put out some policy etc, haven't check
     
    #4025     Jul 7, 2008
  6. Cool, but you know South Korea have a very unstable political climate rightnow, please get some info on that too. The Hyhunai CEO turn President didn't do a good job, and half his cabinet resigned or at least very pissed off.. Can't recall the news item, but something like that ..
     
    #4026     Jul 7, 2008
  7. Sweet CF,

    did anything naughty during the party? :p :p :p :D
     
    #4027     Jul 7, 2008
  8. Thanks Will,

    Are you currently short or if you were in a trade it would be short?

    I am currently short and been scalping some causing my average sell price to move higher.




     
    #4029     Jul 7, 2008
  9. Nah, no naughty stuff, but pretty nice party with all kinds of drinks and a lot of singing, walking and talking, LOL... :D
     
    #4030     Jul 7, 2008
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