week 8

[steveshutts 10]

Yes, mostly been concentrating on cable to be honest. My earlier days were spent on forums that concentrated mainly on the shorter timeframes within this pair and i suppose i stuck with it. Probably not the easiest pair to start with, but the intraday volatility and fast moves can lead to quick scales outs on trades when legging into potential swings, which i like.

The downside is that if i do attempt to trade other pairs i sometimes get a little impatient if they don't move away from my entry point quick enough.

 

So any help from you guys is always appreciated with regards to feedback on any analysis or trades.

[steveshutts 10]

Nice to see a little more activity on here now with a few new posters. Would be great to see this board thriving!!

[steveshutts 10]

Well, looks like the US have pushed this over 9600. Need to wait and see whether this is genuine or not.

[milliard 10]

Most of this is the knock-on from yesterdays buying Steve I think you'll find.

 

This mornings minor shake out merely strengthened the range buyers positions. These layered stops are firing off now. If they can push it toward last weeks high & the 38% big range level, they'll be happy to settle it into the fix.

 

You got an R1 pivot heading through 624, & some hourly flak around 640. Shouldn't deter it too much if those stops are plentiful.

[steveshutts 10]

Yeah, makes sense. I saw the bullish price action after that shake off to hunt the stops below 9550 this morning, which fortunately i was out of by that time. There was a nice inside bar long on the hourly with confirming bullish action on the 15 but seeing that 9600 had rejected price twice before i was reluctant to take the trade.

May get a nice pullback entry to retest 9600 but considering the time of day now and its Friday, will probably leave it for the weekend. POETS day and all that!

[Art Krantz 10]

640 is definitely the supply line here Andre. Cut & shift up or bail it? Friday, high end of the range, channel test blah blah.

 

POETS day?? What's that some kinda UK thing?

[steveshutts 10]

Yep, P**s Off Early Tomorrow's Saturday.

Exactly what i am going to do now. Have a great weekend guys. Hope to speak to you all next week?

[Buk 10]

p**s of early......haha I like it!!!

 

looks like you need another log on the fire Mr Saques.....starting to spit a little up there!........absorb this step & you might just get to the Fib/highs yet........

[Anna-Maria 10]

Euro banging on the door of it's pressure line too inside the channel. At least we'll get a couple daily green bars into next week.

 

78.6 (1.32) next stop above this line.

 

Talking of odd balls, you hear JoJo Bryan is back in the cash Andre?

 

Jocelyn ran into him at Keanes last week

[milliard 10]

looks like you need another log on the fire Mr Saques.....starting to spit a little up there!........

 

The Friday lonesome blues

 

Anna, yeah I heard. He's a goddamned liability that boy. Hogies apparently bankrolling him & a few jobbers out of Easts?

 

Be interesting to see who they trunk through.

[milliard 10]

Time to dismount cowboy.

 

Lets go do a POETS.