Forex

You know Istayed up half the night waiting for the breakout, lie down because my eyes couldn't stay open and the move happens while I'm snoozing! "Asleep at the wheel again!"

Hey, we all miss these moves from time to time but the nice thing is that the ocean always has waves. Others will come along.

To all,

Looks as if we are in for some continuation to the downside. Having said that, we are at 4 hr support at 197.70. Buying dips into 197ish should give us a run to 199-199.50. Otherwise, a 4 hr closing candle below 197.70 will send us down further, but not until we bounce around between 199 and 197.50. Made a couple pips last night before bed, but didn't want to be in for an upside suprise.

Sunny and Simarik,

Glad you guys made some and did not lose any, better to be out than in a bad trade.

I see that we are close to breaking below the rising trend line that starts at the 193.60ish low and up through the 195.08 low and terminating just below the 4 hour support at 197.70. This makes me tend to agree with you that we have not had an impluse move up but that we are still in the corrective W.3 down from 251.10=0, 219.27=W.1, 241.37=W.2 and now looking for a bottom for W.3 projected to be below 190. But we will need bad news and downside catalysts to take it down.

Hopefully we don't hit the floor with a big bad thud

I know the feeling. I had an important appointment today and a few minutes before leaving my system was "close" to giving the sell signal, couldnt take it because I had to leave and switch off computers. I come back and I have missed 200+ pips Gutted!

My short order at 198.75 was filled in the recent drop...my target is 193.75, but ready to fold if the price does not stay below 198..