Filthy Rich for Dirt Cheap - Ajaymein

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ajaymein
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Postby ajaymein » Sun Dec 05, 2010 1:13 am

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adaseb
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Postby adaseb » Sun Dec 05, 2010 5:37 am

I agree with you about the Euro.

If this was a reversal we would at least have some consolidation for accumulation at the 1.3000 area. Most likely this is a correction.

The 1.3415-1.3475 looks like major resistance.


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ajaymein
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Postby ajaymein » Sun Dec 05, 2010 6:55 am

This came out late Friday. Germany may bail on the Euro
http://www.guardian.co.uk/world/2010/de ... andon-euro

We may see a quick decline early next week

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Jalarupa
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Postby Jalarupa » Sun Dec 05, 2010 7:28 am

LOL we could see parity sooner than we think... :lol:
"our deepest fear is not that we are inadequate... our deepest fear is that we are powerful beyond measure... It is our light, not our darkness that most frightens us..."

I trade using <<FX SYNERGY>>

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ajaymein
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Postby ajaymein » Sun Dec 05, 2010 9:39 pm

Took a EU short and s/l at BE...it will likely get hit, but letting it run open in case Bernanke sends it flying.

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ajaymein
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Postby ajaymein » Sun Dec 05, 2010 11:44 pm

Got into a long on eu. Will place stop at b/e if next 15m closes bull.

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If you are wondering why I am trading long when I am heavily favored short...well, I'm not going to anticipate anything. I will react to price, whichever way it goes. However, if I find myself in a nice short, I will have more of a tendency to let it run to my longer term views.

But, its going to go up 50-100 pips or go down 50 -100 pips, there are no other options. I'm going to catch whichever way it decides to go.

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Postby ajaymein » Sun Dec 05, 2010 11:49 pm

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Postby ajaymein » Mon Dec 06, 2010 12:08 am

Out -5.

Hopped in to a SHORT on KIWI

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Postby dojirock » Mon Dec 06, 2010 12:47 am

you said you use the blubb mz indi...do you set it on the 15 min or higher timeframe?

doji

ps is there a thread that teaches this method...

thnx

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ajaymein
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Postby ajaymein » Mon Dec 06, 2010 1:54 am

I use it off of H4 and higher time frames...but I don't really even need it anymore because its quite easy to spot momentum candles and zero lines without it.

There is no method regarding it...if you read MOs posts from a few years back, you can create a method out of it from his teachings when he initially starting using the phrase "Mighty Zone"

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