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- OttoVonNess replied May 15, 2012
It's too risky to to short now, it can go up any time. It's better to look for long entry now. It will take few more days may be.
- OttoVonNess replied May 11, 2012
Good point. That's why pending short order from 1.2961
- OttoVonNess replied May 11, 2012
Agree, seems that it will go up to 1.3265 And then fall down rapidly. Since wave ends there.
- OttoVonNess replied May 11, 2012
where is that TOP you mean?
- OttoVonNess replied May 11, 2012
Top 1.2965?
- OttoVonNess replied Apr 27, 2012
Whisky....seems good idea, this PA is a crap for the whole week. And I am underwater now from 1.3203
- OttoVonNess replied Apr 27, 2012
May be not, only A from this correction is done. now formed B, now we are going to see C ~ 1.3208 and from there we could go higher.
- OttoVonNess replied Apr 27, 2012
To watch - that means this is a level price will give us some opportunity either to sell or buy. Only you are the one to decide what to do. Nobody will do it for you. And it would be mistakable to follow advices - SELL and BUY.
- OttoVonNess replied Apr 27, 2012
I am a little bit underwater from 1.3203 with my shorts, but something tells me to keep it and watch PA.
- OttoVonNess replied Apr 26, 2012
If it bounces back from 1.3190 area at keeps the range, then very nice opportunity to sell from 1.3235 This opportunity comes only with "head and shoulders" figure.
- OttoVonNess replied Apr 26, 2012
If we look at M5, then we can see that we are on wave 4, which brings us to 38% fibo - 1.3248, or 50% fibo 1.3244 and then up until we get 1.3270 - thatīs where wave 5 ends. Might be extension, but I have put my shorts there - 1.3269. 1 pip just in ...
- OttoVonNess replied Apr 25, 2012
Shit.., this spike was foreseen, end of wave 5 on M5. I have put my short order to 1,3227 But it did not get there...30 pips missed, how pity.
- OttoVonNess replied Apr 25, 2012
Agree, I did not say it will be hit today. Itīs only the level to watch during upwards movement.
- OttoVonNess replied Apr 25, 2012
Not now, this line will be hit around 1.3300 area. Then reversal.
- OttoVonNess replied Apr 23, 2012
And where will you put STOP LOSS - to 1.3215? Is it wise to hunt 20 pips with loss ~ 100? Think about long position, look for possibility to take long. Donīt hurry, you have plenty of time.
- OttoVonNess replied Apr 16, 2012
That's what I was talking about. And I am now out with 200 pips. Seems that soon will see U-turn.
- OttoVonNess replied Apr 12, 2012
Or....this may be a flag formation If we are in wave 4 now from 1.3375 drop area, then wave 5 brings us to level of 1.2900, from where it jumps upper.. I am more with this scenario. I have also put pending short orders to 1.3201 - 50% fibonacci ...
- OttoVonNess replied Apr 11, 2012
This figure is showing that we are going up at least 30 pips - 5 wave, only then drop down may follow. You are selling too early...
- OttoVonNess replied Mar 9, 2012
Lets see what americans think about it this PA is rediculous , 3 hours ~15 pip range ))
- OttoVonNess replied Mar 9, 2012
This scenario is also possible, since we are on 38% fibo from 1.3096 growth and we might be on the wave 4 and wave 5 can be an impulse higher. Then to short from 1.3330 level, since it's end of wave 5 and right shoulder of head and shoulders figure ...