Member Info for elroytrader

LBH - ditto. Alerts set for breaks of 520 - 680, and one on the trendline running through the middle. My bias is for one more touch of that at around 575, then head S. But guessing. What's with the late rallies on the indices?! And why to they always come during my kid's bedtime?! Still have a red short that could have been closed in blue twice now.

it wants to fall off as I shorted that spike. Some daft gaps want to be filled too. Just a question of time till the market takes those morning buyers' money.....or mine :{

good GDP data and the $ weakens. Am I missing something here?

LBH - you may be a novice at the Euro (which I doubt), but I'm a novice at everything! Can't see those flags you mentioned. Care to give us a clue to where they are? Here's my Eur/usd 1hr http://img90.imageshack.us/img90/2248/eurusdz.png Bit messy, but the blue trendline now acting as support.

LBH - thanks for your thoughts. Got to run now, but will look at those flags later. ATB

s - am getting de-javu from yesterday's finn vote.....

WTF?!! Just flicked through a few timeframes and that hourly trendline now in a totally different place. Still holding as support, but this could seriously mess up some trades.

Euro re-mounted hourly trendline, and re-tested. 4hr / daily broken. LBH - think we might have the same line? Can't be bothered posting chart, but peaks from 7sep, 15, 21, 27.

s - like a big pile of wine! 4 x 200L barrels of the stuff, but less once fermentation is over. See the Euro broke its hourly trendline after that bs rally. Silver broke support and on way back down. Oh, and I know a few of you trade Gold. Had a bit of a brainwave and switched to Log view instead of arithmetic, and got a perfect channel http://img716.imageshack.us/img716/5593/goldtrend.png May come down to that trendline again soon.

joe - your charts are starting to make sense to me now. Took me a while!

hi joe. It might look uninspiring to you, but that fakeout gave me a few more grey hairs. Deep breaths....

s, agree. on both points!

EUR/USD higher ahead of the EU announcmentfrom ForexLive Rally being led by a notorious US Investment bank up to 1.3660,

indices, euro, dollar all lined up perfectly at S/R there. Hopefully final test before some proper movement (down!).

no s, but had some other problems. Jona - you noticed that when you toggle between timeframes on IG charts, trendlines show up in different plaaces? Can touch a trendline on 1hr, then on 10mins it's still 20 points away. Can't think of any reason for it, apart from dodgy software.

stopped out. will have another pop at 645 or $78 and give it some room.

s, $ bounced from 78 - 78.5 yesterday so at 62% fib now. Still think that wee DT at trendline resistance 660 was top for this correction.

short 610, stop 625. Not exactly hedging here, but can't bring myself to go long.

evening guys. I've also found it hard to find direction. Closed Silver longs for around 600 points, but gave a lot of it back shorting the indices. What a stupid fekin rally that was! For me, anyway. Been posting on the bpty board a bit. Initially went on for a wind up, but bumped into a few nerds from the old charter's sanctuary board. Some decent chartists there. Euro may have topped at 668. Lots of sell signals accompanied the double top, and the Dollar got a nice pop off 78. So maybe some relief for my indice shorts. GL tomorrow.

Morning farmer / all. Gold nearing 200sma - big level, and may take out a long. Already long on Silver from 2640, but that's a bit risky. Wanted to short Euro for gap fill too, but 20 point spread on IG last night - is this normal?! Spent the last three days picking grapes from the vineyard. Over a ton, so plenty wine, but knackered. Need to review my trades from the last few weeks - been a bit hectic and random. But maybe that works! ;))