Why is it that the best of us get taken so early? RIP SRV

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That Daily suckered me into taking a shot at riding higher, then selling into it. I've taken two runs already trying that, only to stop out break even. I'm short now, and it can rise all day against me if it wants to, I'm staying short.... never ...

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I'm using Navigator on MB Trading. But you don't need to see them in a DOM, it's such an obvious level, many will be placed there.

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Or more like Wiley Coyote when he's out on the edge of an undercut cliff and it breaks off.....

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You just know there is a boat load sell stops under 1.2730, so if they get tripped, it's gonna be an express elevator down for a bit.

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Stopped out at BE on my long from 1.2751 that I was hoping to use to get short at a better level. Now short a full load and I'm stickin' with it. Truth be told, I never should have exited my initial short @ 1.3140. I got greedy at the 38.2 Fib of ...

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Today is the 41st aniversary of the The Woodstock Music and Art Fair where 500,000 people gathered for three days of peace and music. Half a million people got together in hot sticky, then rain and mud soaked conditions with too little food and ...

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Moved my long at 1.2751 to BE Stop and Reverse. Looking to sell higher, expected failure of 1.2820. Will add to position if we get a signifigant break of 1.2830.

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I agree regarding EW artists... show me a one that never has to change his count, and I'll sit up and listen. There is some great sense to the basic underlying theory, but I think they get carried away in their wave counts. I think if you can show ...

EURUSD

Totally agree. Many things together pointing to at least a retrace. I actually risked a little against my better judgement of not holding a position over this particular weekend, and bought a small position, 1/5th of a full load, at 1.2851. I think ...

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It'll be an interesting Monday if we close above 1.2777. 1.2765 now, Can it hang on as liquidy evaporates after 12 noon est?

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Exactly... on some trades that's wise. Consider it a free shot from there if the set up works great, if not, there is always another. Some setups don't have that luxury though, especially as you move up in time frame.

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I like that trend line too. Would like to buy in that area with a tight stop, but not this late on a Friday.

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But that's where you can take a shot with a very tight SL.

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1.2742 is the 50 Day MA, and just above a tentative trend line that may be forming on the daily. If it just weren't Friday.

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Yeah GU sucked us down. Feels like a sucker move, stop flush on the GU as someone else predicted earlier.

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Oh yeah, so NOW it breaks the FIB.... It's late Friday... gonna have to sit this one out.

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Stopped out at BE. Oh well got three or four good runs at 1.2830. for free. That's it for me we're out of trading time. Some scary news from Greece may break over the weekend, or maybe the ECB will release something when the markets are closed that ...

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GU has caught a bid... where our tail wind?

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Now you know your broker isn't running your stops

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