Currency trading (Aug 21st > 25th)

[hornblower]

is the second correction wave complete ?
and is it downward from this point ?

 

[wasp]

awaiting a long myself, just exited my short

 

[wasp]

H&S

those inverse H&S....

 

[Offshore Trader]

Closed my short for a magnificent (!) +3. Waiting see a breakout of 8930/8890. Looks like it's going up now

 

[Offshore Trader]

Went long at 30 and out at 15 for -15. Not quite sure what's happening on the FX but glad I sold FTSE this morning!

 

[wasp]

Cable is being a bitch today, hopefully the US will straighten it out and send it one way or the other...

 

[trendie]

is the second correction wave complete ?
and is it downward from this point ?

could you illustrate with an annotated chart? (please)

 

[wasp]

flag

the cable H&S sitting nicely at the top of this flag...

What will push it up (if it does)... no news of importance that I can see to really move it, and it doesn't seem in the mood to go anywhere at the moment...

 

[hornblower]

could you illustrate with an annotated chart? (please)

I am not very good at posting charts

 

[wasp]

roll on 1:30 I'm bored...

 

[hornblower]

roll on 1:30 I'm bored...

wasp bet your not bored now !!

looking to close around 8845

 

[wasp]

wasp bet your not bored now !!

looking to close around 8845

Not bored, something else which'll probably get starred out...!

I had a long just before the drop and that was my last trade of the day (only take 5 to stop overtrading) so I caught none of it... was hoping it'd go up!:cheesy:

 

[hornblower]

Not bored, something else which'll probably get starred out...!

I had a long just before the drop and that was my last trade of the day (only take 5 to stop overtrading) so I caught none of it... was hoping it'd go up!:cheesy:

never mind you cannot win them all!!

as long as you are a winner at the end of the week , thats all that matters
kind regards
H

 

[Offshore Trader]

Morning everyone. Think we will see a move lower today hopefully to around 8850

If I'd stuck to the origianl plan, I'd be laughing now

 

[hornblower]

If I'd stuck to the origianl plan, I'd be laughing now

I dont like to rub it in :cheesy:

 

[Priceman]

Morning all, I am currently long from 8872 with a very tight stop ! Let's see this baby move now (in my direction obviously)

good trading

 

[wasp]

Mornin Priceman,

I don't care which way it goes as long as it goes somewehere, with ease, meaning and determination, none of this spiky crap, just a nice 50+ move....

 

[Offshore Trader]

Yep. Some straight line movement would be nice. I really made a foul up of yesterday. Spent most of the day short and only managed to break even

 

[wasp]

thats better!!!

 

[Offshore Trader]

Well guys not fast but steady. Stop losses now in at 40. Hope everyone else had a good day