Thursday, May 27, 2010

Update coming up after few hours

Update coming out after few hours , i noticed someone said he shorted of 8450 , well i didnt confirm this short , i said I LL BE WATCHING THE S&P 500 AND ITS REACTION WITH LEVELS I MENTIONED IN EARLIER CHARTS BEFORE TAKING ANY DECISIONS , and i will explain in my charts today why i holded the short and levels to watch

4 comments:

  1. Hey Jesus. Whats the plan to protect the next short? Another hedge or SL?

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  2. next short wont be protected , it ll be a direct trade ,, to hit or to lose and move on on another plan ,, thats the market sometimes ,, but i hedge when i m building a short position but when the price reach a point that INVALIDATE the trade , i close the trade on loss and move on ,,, the INVALIDATION on the AUD/USD is that red line shown on the top of the chart at 0.87 ,, we r quite far from it

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  3. Jesus how long would you be posting your signal to go short, its just I will be away from machine for quite a few hours. But of course I understand you will only post when its right. Thanks for the site and all the posts its great.

    Thanks

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  4. hi centa , centa i cant tell when the market will give me this short signal , it could be at anytime ,, but tomorrow will be a key day for that trade ,, but if u gonna leave ur machine for some hours from now , then i think it ll be ok ,, just make sure ur back on london session or max NY session

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