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Trying a shot at a short term long here
- in @ 1688 (+ 6).
Risky trade, but jumping the gun on a
possible Ascending Triangle forming on the 15m.
If it breaks resistance circa 1707 there should be
a chance of adding few pips to the pot.
Tight stop
arco
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Up trend line broken
Trade closed -6 pips.
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This is one that actually looks a tad interesting.
No glaring confirmation yet, but the action is playing within a potential reversal zone, so worth keeping an eye on the Looney as it could break north at some point in the short/medium term.
arco
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Could have made circa 100 pips on that wee north bound move in the last 4 days. [V]
Anyway the 15 minute has a possible Narrowing Wedge forming, so you never know - if the uptrend line breaks there could be a few pips to be had due south.
arco
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The Narrowing Wedge broke around 18.30 and polarity change was tested around 3.30 am. I had a short order, sitting just below the most recent pivot low, which got hit at 1750.
Currently + 3.....Wow I'm rich already
The Oscillator is still below the centre line, however the action is still within a potential reversal zone so I will treat this one with an air of caution.
arco
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I have just closed this position +24 for reasons mentioned earlier.
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I mentioned this possible on 12/9.
quote:Looking a tad interesting again.
The Looney is in a potential turnaround zone so
well worth watching for any signs of reversal.
Gann at 1718 could lend a hand with some support.
This may be the turn we have been waiting for.
(Bullish engulfing on weekly)
arco
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A bullish gartley may have completed on the 360 min chart a couple of bars ago, to add to your longer term butterfly Arco.
Reckon its worth a flutter? Where's Colonel Gann encamped?
Xerof
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Morning Xerof
I am long this one and showing -30 at the moment [V] after being nicely in profit yesterday (up around +80).
Gann is at 1719 and I've given him a blast on his mobile to tell him to stand firm at all costs. I've told him bluntly, there will be no Christmas party this year if he fails on this one.
arco
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13-10-2005, 05:06 PM
#100
Major Gann has just been on the blower. Something about seeing a Mr Gartley heading north chasing a bull of all things.
I told him. 'You've better things to do - like defending your post'.
Baa....If only he had PXT.
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