Dollar is again coiling on short term charts of 10 min and 30 mins. Dollar retraced almost 1/3rd of its move of last week surge. Now question is with what bias to view the charts and apply your technical. I have bullish bias,so would look to go long dollar and short equities, PMs on any sign of this move bottoming out in short term charts.
Give me a shout if you have a bias and why. Will post some charts in due course of the day. Too many coins to bank.
Dollar again tightening
Started by
Om_Namah_Shivay
, Mar 08 2012 11:58 PM
1 reply to this topic
#1
Posted 08 March 2012 - 11:58 PM
Know the DIFFERENCE between WINNING and WINNINGS; One is KARMA and One is EGO!!!
www.bubbleshort.blogspot.in My Blog with focus on markets and "Act" of trading
www.bubbleshort.blogspot.in My Blog with focus on markets and "Act" of trading
#2
Posted 09 March 2012 - 08:52 AM
Dollar is again coiling on short term charts of 10 min and 30 mins. Dollar retraced almost 1/3rd of its move of last week surge. Now question is with what bias to view the charts and apply your technical. I have bullish bias,so would look to go long dollar and short equities, PMs on any sign of this move bottoming out in short term charts.
Give me a shout if you have a bias and why. Will post some charts in due course of the day. Too many coins to bank.
Longs , as posted here, are doing well. Its only 1/3rd of my position (I use 3X leverage at most for respective asset classes) for all EUR, ES, GOLD, SILVER. Gold and Silver I m exiting my position, EUR has got TSLd, ES trailing stop loss of 1365 now.
This keeps our account ringing with coins. Cent percent hit rate for 2012:), good start but not to get egoistic and paying respect to price. Focus...focus....defocus...defocus.....repeat and rinse
Edited by Om_Namah_Shivay, 09 March 2012 - 08:54 AM.
Know the DIFFERENCE between WINNING and WINNINGS; One is KARMA and One is EGO!!!
www.bubbleshort.blogspot.in My Blog with focus on markets and "Act" of trading
www.bubbleshort.blogspot.in My Blog with focus on markets and "Act" of trading