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MarcVUM replied Jul 16, 2010A/U — Compare the current RSI reading to the previous readings...This is on top of the fact that we have hit some significant MA's on all charts now.
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MarcVUM replied Jul 16, 2010Be careful shorting at these levels as I mentioned in the post above.
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MarcVUM replied Jul 16, 2010
Good Morning. Yea, I saved a few for you! Careful shorting A/U right here... coming up on the 50ma's and 62ema on H4 as well as 10ma on Daily; 200sma on H1 and 95ma on H2!! hahaha not really a place to chase PA. Still have my sell orders in ...Nearly Naked (Simple Trades)
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MarcVUM replied Jul 16, 2010
Of course we shouldn't think about it like that but we are only human.Nearly Naked (Simple Trades)
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MarcVUM replied Jul 16, 2010A/U — Looks like that DP scalp on A/U is working out quite well. The candle that ended up forming on the H1 from the touch of the DP was a no brainer to short as well. Sitting on 150ema on H1 as I type... Lower BB is open but I remain cautious ...
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MarcVUM replied Jul 16, 2010E/U — E/U... Geez we are almost to 1.3000. Sell order set at 1.3149 (4 pips below 150ema on Daily chart) but I'll have an alert set at 1.3094 and may take a small short position there.
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MarcVUM replied Jul 16, 2010
small moves for me too... i don't think i could mentally handle opening a 2 pip spread trade that is down $4,000 at the start. My stomach would implode and my heart explode!!! image Nearly Naked (Simple Trades)
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MarcVUM replied Jul 16, 2010Looking at it now it looks as though Freaky Friday is upon us. No rationality today...IB's not being respected... S/R's not being respected on A/U... MA's are somewhat being respected on G/U. image
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MarcVUM replied Jul 16, 2010
Sweet! Those were at $1,000 a pip right?? J/K!
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MarcVUM replied Jul 16, 2010Good Morning. Anything on the radar yet? I've got a possible at DP on A/U for a scalp... a possible continuation down on G/U if it breaks 1.5360 and some more downside on E/U but watching some support at 1.2950.
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MarcVUM replied Jul 16, 2010
haha you are off to bed and I am now awake. see you laterNearly Naked (Simple Trades)
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MarcVUM replied Jul 15, 2010Saxon... I see from Shahab's thread that he is already short G/U. Did you also already enter a position? Hmmm.
I'm sticking to my guns on G/U and E/U shorts where I indicated my sell orders are at previously. Also, on A/U... it is highly ...Nearly Naked (Simple Trades)
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MarcVUM replied Jul 15, 2010Check out ThinkorSwim... I've been using it for a few years.
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MarcVUM replied Jul 15, 2010A/U — Sorry I didn't get back sooner and post the chart... but like I said, come 9pm est at the new H4 candle A/U should start heading south. Just be careful of the MA's below as they act as support.
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MarcVUM replied Jul 15, 2010I'll be back in a bit...save some pips for me. btw. A/U may take a dump come 9pm est if the current H4 candle stays where it's at right now.
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MarcVUM replied Jul 15, 2010image hahaha we know where you stand on GS. Got a retirement benefit coming from them later on for your yrs of service?
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MarcVUM replied Jul 15, 2010Yea. That's where I have a sell order at. The 150ema lines up nicely with the Fib lines there. My suggestion is to TP your long position a little earlier just in case...unless of course you are sitting behind your terminal trading.
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MarcVUM replied Jul 15, 2010I'm going to play the 200sma on the Daily Chart...since the 365sma is there too I figured what the heck. I like your targets but I'm just not too sure. What are your thoughts?
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