10.4 Advanced and Counter

[mjws00]

Free is the best kind of trade. With a little luck you'll take profit before the leg I was talking about. Gotta see how much work they have to do above old asian range around 1.0226. Little H1 200 in the way as well. Easy waiting when you are in profit

[mjws00]

I am not sure I see anything anymore. But I sure am having fun. I fully expect to have a few screw ups with this added dimension to my viewpoint. It is a process.

Mike

[Ray Singcar]

Yes..I am just experimenting with CT's..keeps us all amused

[mjws00]

You are lookin goldn, Ray. Little test I was wondering about, didn't even come close. Seems to me you have taken the entire days move. Very very nice.

Mike

[cmeade2]

In the counter trend department, I am currently long on the Eur/Usd and the AudUsd and short

the UsJp GbpJp CadJp, UsdChf

[mjws00]

I was short JPY pairs too. EU and AU were calling but I was doing other things. I'll get some pics up as well. When you close em out show us the magic cmeade2.

[cmeade2]

I'm out of the EurUsd at BE and the UsdChf with a small profit. I think it may be going back with the trend.

Yen pairs are hanging in there.

I was short JPY pairs too. EU and AU were calling but I was doing other things. I'll get some pics up as well. When you close em out show us the magic cmeade2.

[rebyte2]

Closed all my EURAUD shorts as PA seems to have stalled long the WS1.

I'm not saying that its a reversal, but i'm thinking a retrace of sorts.

So, to capture this, i have placed sell limit orders, above the PA(with the help of Fibs), as per chart.

If this does not work out, then i have also placed a sell stop 10 pips under the recent 4H low to capture the continuation of the down trend.

The 240 is still slopping down nicely and the 20-63 MAs have nice slope and separation.

See what transpires later.

EDIE: Forgot to mention that there is a series of LHs and LLs and each dip so has yielded around 180-210 pips... so i'm thinking (hoping) a retrace is in order.

EDIT: Pretty sad when i have to edit the word edit... LOL

Cheers... Roscoe

[mjws00]

Neat idea. Love to see people trying new things. If I was dying to be in short and couldn't watch, I'd be all over something like this. Spring is definitely loaded for the pullback, imho.

Cool one Roscoe. Look forward to seeing how it works. I still have a long ways to go to placing pendings perfectly. Too used to waiting for price to confirm the zone. I do have a lot of jealousy for guys that can do this and sleep.

[rebyte2]

Neat idea. Love to see people trying new things. If I was dying to be in short and couldn't watch, I'd be all over something like this. Spring is definitely loaded for the pullback, imho.

Cool one Roscoe. Look forward to seeing how it works. I still have a long ways to go to placing pendings perfectly. Too used to waiting for price to confirm the zone. I do have a lot of jealousy for guys that can do this and sleep.

Don't be jealous mate. Be in the knowledge that it can be done by anyone that wants it done.

Cheers... Roscoe