I have r1 at 56, was waiting for it to touch it but looks it might turn already

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That's a great return on your account. Now you only have 81% more to go before you double your equity. Gl to you as well.

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Hey killer, long time, no see.... hope you killed the swiss move, caught some of it with ec

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I would say it is too early to call it a range. For ranges, you need at least 2-3 touches to the upside and downside. Also, if you are looking for ranges, it is better to look for 20-30 pip chunks.

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You wont have to suffer too long. Just like trading, you are simply waiting for the next range/busload to get here. Stuck in traffic perhaps.

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A break/test/confirmation of either 42 or 20. I dont have the bouncing smiley face.

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well 2012 is getting closer... that could be a reason too

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Cloggie, you have way too much time on your hand lol.... shows we are consolidating big time here.

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It's got nothing to do beating central bankers. Why would I do that? I was just waiting for it dip back into the range for a better entry, like it usually does.

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Was expecting a fakeout and retest of the range but it just keeps flying away.

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Cloggie, I have the current range between 50 and 75. Or would you wait for more touches?

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Touche pic I think many traders feel the need for "gap trading" because it does exist in the stock market (as well as others). There are entire strategies that revolve around gap trading as you so well know. And brokers showing it on our ...

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Yeah it does make sense... visually, technically.. with a push from fundys. I do pay attention to ranges and eventual breakouts like many here, just wanted to get this london range thingy sorted. Another useful tool in the box.

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I did start at 0800 gmt, in this chart it is 0300 est. I revised it to include the open price too. By the way my daily pivot is at 3350 today, using london midnight to midnight. No more sri lanka lol. image

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Hey Cloggie.... trying to get this london open range you keep referring to. Is the box ok or should it be a bit lower? I marked 3 hrs as that's what you said it took to break it. image

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Hey Clogs! Good to see you here. And what is that? Change in diet, or your new flavor?

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Hey Cloggie, good to see you here. Question: Rule of thumb is to sell the rallies in a downtrend, do you think the safe way would be to wait till this pa reaches a confluence of strong resistance and the sell the heck out of it?

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I used to be a former "gap believer" until Clogs here started fiercely denying it. Since I dont have the top of the line broker like him, I will take his word on this no gap existence. Besides he has 20 yrs to back his claim. I dont trade ...

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Yeah, I remember those early days, when price would either hang around my entry price or shoot straight for my sl to the pip and then take off in the direction I had analysed. I still get it sometimes, when pa immediately goes 5-10 pips against me, ...

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So, let me get this straight. You are short from Oct 28, which means you should be at least 700+ pips in profit. Congrats! What I dont get is why is your stop at 1.46?? Even if price came back to touch the weekly trendline that still puts it around ...

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