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Old 05-10-2006, 10:43   #817
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Re: SFX Divergent Daily Advice

My guess is a downward EUR for a while as evidenced by trend breaks on higher charts. Just speculation. daily 8HR 4HR etc. Could be a might drop.
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Old 05-10-2006, 11:00   #818
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Re: SFX Divergent Daily Advice

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Wow nice trade Atomized. Yeah looks like I was totally wrong about the upside after the L. Gotta just go with the flow.

Thanks SFX. At first i agreed with your long trade especially with the L but then when it repeatedly failed to break 8900 level i started looking for bearish signals then the hidden divergence showed up so it all worked out nicely. Bit of resistance around 8750 area so might be bailing out soon !
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Old 05-10-2006, 13:17   #819
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Re: SFX Divergent Daily Advice

Update:

Took profits at 8786 for +60 pips will do me ! Think i'll stay out till NFP tomorrow !
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Old 05-10-2006, 15:37   #820
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Re: SFX Divergent Daily Advice

Reversed position on CHF. Exited yen crosses. Little better than a breakeven week. Bleh.
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Old 05-10-2006, 19:39   #821
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Re: SFX Divergent Daily Advice

Horrible trading week took tons of losses. Down about 20% this week hoping for a better outcome next week.
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Old 05-10-2006, 19:50   #822
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Re: SFX Divergent Daily Advice

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Horrible trading week took tons of losses. Down about 20% this week hoping for a better outcome next week.

Ouchhhh

Hope u don't have these weeks too often ? Maybe best to take a few days off ?
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Old 05-10-2006, 19:58   #823
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Re: SFX Divergent Daily Advice

Nah first weeks thats a loss. Most are breakeven or profit. But someone I trust when it comes to this got me a little scared because he was long everything I was short so I took some loses reversed my trades That was my first mistake I need to trade by myself in the future.

Also I had a very busy week of work so I was doing careless trades without thinking.

SFX you short CHF EURO?

I'm thinking of just selling off all my positions starting fresh.
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Old 05-10-2006, 21:37   #824
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Re: SFX Divergent Daily Advice

I'm long EUR short CHF but I've got stops on these as well. really just waiting to see what the market will look like before NFP.
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