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- ThomKnight replied Apr 3, 2009
IMO. — hopefully this is not out of place.. but, I love this overall style of trading and this might be an interesting opportunity. it will correlate to the rest of the market as it relates to , at least gbp imo,if not usd. if it plays of ...
Silent Service Method
- ThomKnight replied Apr 3, 2009
Absolutely. all equity indices are more or less correlated, imo. So i look for the clearest, to me. NASDAQ just happens to be that one(for me). I expect this move to change later this year, as of right now is is a bear market rally not a buy and ...
Silent Service Method
- ThomKnight replied Apr 3, 2009
IMHO. I used to primarly trade a version of this method independently from ff and it is fantastically "make sense" and i am glad to see people use it(j16 et al). here are the areas i would be targeting. this move is more so on a w1 tf however, i ...
Silent Service Method
- ThomKnight replied Mar 24, 2009
Those targets will get hit in my chart, but i am not sure if it is because of that exact fib pull per se. Fibs are accurate down to tick, If you are a pro from what I gather. I just use Supply and Demand though so I am not completely qualified to ...
EURUSD
- ThomKnight replied Mar 20, 2009
Correct, hence why some of the easiest money to made in trading is owning a bucket shop and taking counter calls on all positions. You win and they get to pay you for the honor of losing. You can also specifically target small balance accounts ...
EURUSD
- ThomKnight replied Mar 18, 2009
What happened In my Opinion — If you were in the market last night you knew something off kilter was happening. By all rights this was supposed to short. It never completed even the most basic short targets. This is based on my personal ...
EURUSD
- ThomKnight replied Mar 18, 2009
FWIW near term, over all I see us going down to about 134.36 -132.8 well maintaining a range below about 137.9 to 139 After that then looking for a resuming back to 142..of course barring more market manipulation. from there I still have short bias ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- ThomKnight replied Mar 18, 2009
Even despite having terrible analysis on this pair overall of late. Sometimes when you have longs and you let them ride through news. Good things happen. I don;t even know what a bear looks like anymore. This is not normal. next up 136 then 140 at ...
EURUSD
- ThomKnight replied Mar 18, 2009
Wise move. I think you may be able to take these down to the 2750 or beyond. If these prve to more then a sr bounce retrace ment and it is a reverse int the weekly trend then you have easy living for the next few weeks towards 1.17 TK
EURUSD
- ThomKnight replied Mar 18, 2009
This area is an absolute mess. I cant help, but get the feeling this is sucking in bulls. However at 3065 i myself am the sucker. Bias - short despite someone bidding this through the roof. Very poor time to be trading this pair as it keeps going ...
EURUSD
- ThomKnight replied Mar 18, 2009
after 2 biffed entries finally got the move. Targets and direction not an issue timing...yes.This area was a mess apparently had to complete some cycle before falling down. 2902 does look nice. what would also be nice is if we got into the mid 27's ...
EURUSD
- ThomKnight replied Mar 18, 2009
Thanks! I will borrow him for trade calls hehe. I am a sr trader. I agree the trend is your friend unless you are at a retrace or trend reversal and this area is showing a lot of those signs to me. whether or not I am right or wrong all of my trade ...
EURUSD
- ThomKnight replied Mar 17, 2009
My stop got triggered earlier however I maintain short. with 1.3056 being top of range. target the same. Today was mess with Bulls snorting in and bidding up the flow. Unless i have made a error and missed something we are still short. I will have ...
EURUSD
- ThomKnight replied Mar 17, 2009
I am not conerned about the shorts it is only a matter of time now. My question is for how far. 2901 is a big level. I have been patiently waiting for the move to untangle and stop the sidetrips and get on its path all day. TK
EURUSD
- ThomKnight replied Mar 17, 2009
Short triggered first tgt 2918. That was excruciatingly long to get in gear since this move signaled 23 hours ago. stp at 3016 or tighter on smaller time frames. Burping at 2901 developing. TK
EURUSD
- ThomKnight replied Mar 17, 2009
FWIW this pair is painfully short. To the point of potentially signalling this out as a trend rejoinment. I am triggered short all over this formation. So either my analysis is top over teakettle or she is going down. Long term Target in the 1.24 to ...
EURUSD
- ThomKnight replied Mar 17, 2009
Trade complete. Almost ideal stop, target 1 pip off. apprx 7:1 reward. out till after news. Pair is pointing short looking for a good retrace, confirming failure to re-enter toward 2890. Longs are closed only short ATM. Expecting a sell day. TK
EURUSD
- ThomKnight replied Mar 16, 2009
Bullish. — I concur, high side immediate target 1.4389 area for a retrace or hard bounce. Anticipating a smooth move up from from .4218 to tgt. current interim sr .4182 Long term position target .5342 - .5480 currently, of course, as it plays ...
Cable Update (GBPUSD)
- ThomKnight replied Mar 13, 2009
EU 15 mn — Failed off of the previously mentioned area on the way up and obviously had to head short. Needs to crack that SR level before flying through the already cracked and voided level. Looking for ranges to consolidate and a explosion. ...
EURUSD