Comment by Lisa on January 22, 2013 at 4:03pm

I like how smooth the SELL-off looks / looked here on the 15 min. : 

Comment by talisman on January 23, 2013 at 1:52pm

did u abandon ship on this trade or are u still hangin in? 

Comment by Lisa on January 23, 2013 at 6:26pm

Hello talisman,

I’m back to my busy schedule ...

& probably won’t be able to participate on the Forum as much as I'd like.

I did close the short as the 1 and 5 minute timeframes crossed BULLish ...

figuring we were sideways in this range and if we broke to the SELL side I could re-short :

If I were to *speculate* based on the price-action ...

the BEARish moves appear more impulsive & the BULLs on the corrective side :

and today the USD/CAD broke to the long side, which could act as a inverse correlation :

I’m experimenting with some different exit strategies based on market conditions, ...

Asia verse London & NY, waking hours opposed to sleeping etc.

Hope you*all are doing well,

Comment by Lisa on January 24, 2013 at 2:02am

One exit strategy I’m testing is opening a position in the morning (London) ...

& closing before bed (Asia) daily.

Notice the rubber-band like fake-out, pull-back before the BULLish break-out :

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