06-24-2008, 09:26 AM
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possibility of op eating b4 the FOMC statement to take out the weaker shorts. the range can possibly extend to 5622 before a pull back..
caution require for all.. this could turn out to be a messy day... should be a game plan here for all......... EDIT:; hedge shorts in at 5572.. would consider another one around 5605-13 if it gets there... i think we head down this time hard.. but just to be sure hedge needs to be in... GL ALL......... now will see after a while..
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Patience is virtue. The sooner we learn this all, sooner we can start walking to the bank. Good Luck to all of us— The trick is to wait the price meet ur limits, instead of one jumping in.. however scalps is a totally different scenario and is not everyone's cup of tea Disclaimer: I'm not at all suggesting trades when by either posting the graphs, or my entries. You can view it, but in the end you have to use your own logic and approach, as there is no certainty about this uncertain market... Last edited by stryker; 06-24-2008 at 09:46 AM. 
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06-24-2008, 09:35 AM
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GL
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06-24-2008, 09:49 AM
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just checking yen and i should have left the shorts entries at 108.17 in place.
so goes for swissy.... should have held it a bit longer.........
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Patience is virtue. The sooner we learn this all, sooner we can start walking to the bank. Good Luck to all of us— The trick is to wait the price meet ur limits, instead of one jumping in.. however scalps is a totally different scenario and is not everyone's cup of tea Disclaimer: I'm not at all suggesting trades when by either posting the graphs, or my entries. You can view it, but in the end you have to use your own logic and approach, as there is no certainty about this uncertain market...
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06-24-2008, 10:02 AM
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Good morning. 1,5570 again. Range prevails. FOMC will determine what the next big move is going to be. Untill then I do not expect too much fireworks. As I said yesterday, I think the Fed will disappoint.
For now 1,5575 seems to be toppish. Its scalping day. Good luck
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06-24-2008, 10:28 AM
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Salsaprince is right,
there's a clear head and shoulders forming up on the 15mins chart.
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06-24-2008, 10:39 AM
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06-24-2008, 01:52 PM
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Te lighter side of it is: you can sit in the sun, and wait for the money to roll in. Millions of people would just LOVE to do that. (when the money rolls out you're lonely...) After the move up its scalping time, as I said a few hours ago. A break of 1,5578 would not mean 1,5620 just like that. 1,5595 in between being the rising T/L of the June 13 low. (correct me if I am wrong, T/L followers) Price action so dull. No need to be in. Good luck!
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