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Hoping for a nice pullback before re-entering long. I think this sucker is going to blow through parity soon. Any one else agree? Or disagree? |
Totally agree. Im loaded @ .99895, just waiting to take profit just above where all the stops are building up. |
Urgh....why wont this one pullback for me?? It just keeps grinding higher....it is so hard to not jump in on a small position...but to do so would be suicide because if we get a pullback I reckon it will go quite a few pips. I am praying for a pullback soon.....I am losing patience! |
Any info US/CHF Gidday Traders I went LONG as a hedge,EUR/US An short US/CHF Been doing small trades between dips on both sides. I had a look,this pair has not up here for well over a year Thought no way will it climb,wrong wrong wrong. Still keep thinking they will intervene,normally sits 96000,now 98000 I will be more than happy to get out off this trade. |
2012 Top 1 Attachment(s) |
It appears that we may be... entering into a trend change. These are usually a bumpy ride for a few days so I'm usually cautious with my positions. Often I'll cost average in. I've position a short a couple times this week and closed both in the green. Have to wait and see what happens. |
It seems to have broken up out of the channel its been in since the 12th. From here (130) up until 150, its facing a pretty major historic price privot zone. Id say theres good potential for a break from this bullishness soon. |
I positioned at... .0148, .0159, and 0213. Now it just a waiting game. It's gone up almost a 1000 pips without a retrace. It would be nice if it started the downturn soon. We'll see what happens. ![]() |
What is your target? Looking at the weekly this puppy needs a retrace before heading towards the all-time highs (if it is going to test them). I have been waiting for a decent pullback....it has been a long wait. |
I'm looking for a 50% retracement as I always do. I usually bail before I get there. The problem is the tops. This is the second hit to the top and who knows where that is. This is the problem for those who get in before the indicators say its safe. The Hull MA and the EMA on my daily hasn't even crossed over yet so it is, in my view a high risk strategy to position when guessing the tops but I did it anyway. A few of my positions have already got stopped out. The second PA went beyond it's previous high so I consider that as not good but who knows it could go down a couple hundred pips. A safer trade would be to wait until the indicators do a crossover. All my positions right now are at zero stops so I won't lose anything. |
The indicators are... wobbling in and out and all over. That's what I hate about a trend change on the daily chart but it is what it is. I'm guessing the Linear Regression crossover on Exponential Moving Average will take place somewhere in the .99xx to .98xx. If this is the top, then the retracement should be ~.9750. |
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The Chart says it all...
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Time to Long?? Anyone see any long possibilities?? Thanks in advance. |
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Been watching that weekly....aching for a long. Daily is now starting to look nice too. When to pull the trigger?? |
This baby is totally lagging the AUD move in other pairs.....wonder if she will finally roll over for us? |
1 Attachment(s) Hi there, my today analysis as below. Hope you can gain more pips from it. On Daily we now have a nice juicy bearish candle that engulfing the last 5 days candles. We now set our trailing protective stop @ 0.9853 and look for Target 1. At Target 1 if you are happy with the profit then collect and look to rejoin short when price push up again. |
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