Spotted on Elite - Interesting Crab on SP500
http://www.elitetrader.com/vb/attach...postid=1695189
Printable View
Spotted on Elite - Interesting Crab on SP500
http://www.elitetrader.com/vb/attach...postid=1695189
V short time frame 30 sec candles
Note how I bought too soon and that there was the opportunity , albeit momentary,to buy at the D point
Just a small possibly quick trade to add to the existing hedge that I have now replaced (at the same level I'd earlier unintentionally taken profit)
http://img84.imageshack.us/img84/896...2007pq8.th.jpg
Dollar postive sentiment isnt helping the kiwi but its struggling valiantly imo and IF there was to be a dollar negative event could well surprise - lets see what the night brings.
I would love to see the Kiwi Sterling graph at the moment.
a better trader than I would have executed the trade at precisely D point and potentially bagged 20 pips already as the bounce did reach the Initial Profit Objective.
now its back testing D ...
the price was supported again at D and has now pierced the A-C trendline
a great trader could have made 20 pips twice.
me, hangin in for 30 or more (twice my risk).
has moved generally in the right direction - but A point showing some resistance
a max of 20 so far has been possible , moving stop to D point now (-9 for me) and limit target set 7749
time to zzzz
apologies for the diary of a trade. but hey thats what forex forums are for isnt it?
http://www.sharetrader.co.nz/images/icons/icon7.gif
but I forgot about teh 1 oclock event which nearly pulled this out - so temporarily widened stop to below X
and now I see my take profit was taken just before Kiwi plummeted over a cent - a mixed blessing haha
I checked out the demo for that ABN Amro platform running Oanda as its interface. Its great to see other markets through that familiar Oanda look and feel.
They gave me another hundred thou (I still got the one that Oanda gave me!)
And its lookin like I'm gonna sell me some corn sometime soon oh yeh diggity.
note that line 8 is a duplicate of line 6 making this an AB=CD
http://img148.imageshack.us/img148/8...2007hy7.th.jpg
the previous gartley had a pretty massive payoff in quicksmart time!
something to consider at 0.7120
http://img106.imageshack.us/img106/5...hourke3.th.jpg
have commenced forming the position at 7125
closed the Eur/Gbp for +40
Kiwi now
http://img120.imageshack.us/img120/4...9122007zm5.jpg
tho the B leg went a bit high huh so might do a butterfly - lets see.