I'll start the topic for this week with this:

http://www.zerohedge.com/news/2013-04-12/eight-wtf-divergences

I'm expecting some great action, and always on the lookout for the 'top' to be in place. Here, early summer in the 1600's, year end at 2000, who knows. But I suspect it will be one of them. Maybe not. I'll just be reading the clues and finding the setups. That's what I do best, I think...

Looks like MA15 (green one) is already stable, while MA10 and 5 need some more time. Anyway, if a candle closes below MA15 and the black TL I will consider closing half of my position.

Still keep the whole position open.

Trade closed at 1.3050 (.786 -1 pips), open at 1.3044. Result: 6 pips profit.
Any comments and remarks are welcome.

roofer, thanks for the charts. Curious about your fcx chart, 10 or so is your target?

Originally posted by MarcinO

Trade closed at 1.3050 (.786 -1 pips), open at 1.3044. Result: 6 pips profit.
Any comments and remarks are welcome.

Click image for original size

Marcin,

Very nice trade. Well thought out and disciplined. Good trading on your part.

Al Kamego

Thanks Al. In fact, I almost always have second thoughts concerning each stage of trade management, so what I showed in here was what seemed the most reasonable to me.

Originally posted by MarcinO

Thanks Al. In fact, I almost always have second thoughts concerning each stage of trade management, so what I showed in here was what seemed the most reasonable to me.

Well, it sounds like you are being reasonable, and that is a good thing.

Al Kamego

can they just drop it already and get it over with?

Let's hope it is different this time!

Originally posted by roofer

OFF TOPIC-since 1988, in 22 of the 24 springs, i have had crippling back blowouts where i can not walk for a few weeks( in one of the two that it did not happen, i broke my back!)always in the first cold spell after the first warm up.... that is tomorrow...i shall see.....