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- kassec replied Jan 13, 2011
I was bored of closing all my trades @ BE. That was a lucky trade. I was expecting some bounce from 0.8423, I jumped in without PA confirmation (1 pip below the top). It went to +18, I closed at +12. Seriously, that's just luck, no skill involved ...
- kassec replied Jan 13, 2011
I took 12 pips out of the bounce. For this pair, this is already good
- kassec replied Jan 13, 2011
EUR/GBP — @ supply.
- kassec replied Jan 12, 2011
0.9950 = round number & strong MM level. Selling the pullback was a safe bet at this level. This one is ... simple. The one I prefer.
- kassec replied Jan 12, 2011
EUR/JPY — Compressing @ supply.
- kassec replied Jan 12, 2011
Better with the chart ...
- kassec replied Jan 12, 2011
EUR/CHF — Reject @ supply.
- kassec replied Jan 12, 2011
+1. As I posted I'll watch to short below 1.3123. 1.3090 is my prefered level (H1 MM +1 level, near round number). The pair moved down sharply (75 pips in one hour) after the first test today. There's something interesting here. 1.3062/1.3092/1.3123 ...
- kassec replied Jan 12, 2011
EUR/USD — Looking to short between 1.3060 and 1.3123.
- kassec replied Jan 12, 2011
For sure, trading is an art, not a science. Following a few very simple rules can help : 1/ As stated above, always know what higher time frames are doing. Begin with weekly (zoom out as far as you can) to understand how the pair moves over time. ...
- kassec replied Jan 12, 2011
Sorry for the double post, I want to share more thoughts on this one because I think it is very interesting question and I've lost a lot of trade until I understood the following. 1/ Market is moved by big money players. They almost never use a ...
- kassec replied Jan 12, 2011
It depends what are you looking for. This level is a successful retest of previous resistance (look 36 hours before). It may have consumed most of the buy orders there. A bounce from this area is possible. For 2 pips ? 50 ? 100 ? I would not bet too ...
- kassec replied Jan 12, 2011
Quick update : GBP/AUD : I'm short from 1.5865. Willing to hold. USD/CHF : I missed it but you should be short from .9766 rejection. Maybe an opportunity to enter now (pullback to 0.9720). Watch PA. GBP/USD : I've been stopped out on this one. Went ...
- kassec replied Jan 11, 2011
In fact, I would short all GBP pairs ! It seems to me they could fall the hard way soon (May thursday's news trigger the move ?). If it happens, there's 500-1000 pips to catch on most of them. However, GBP has already been seriously hammered in the ...
- kassec replied Jan 11, 2011
Hi Red and others, Several pairs are in interesting areas right now and I have some spare time to post charts and share thoughts. GBP/AUD : may worth a short ... If it plays nice, hold it. Targets : 1.5150/1.49/1.4650. USD/CHF : look for possible ...
- kassec replied Jan 6, 2011
Although it has already been broken several times, 1.55029 is a strong MM level. It was a good support during the asian session. One can expect it to, at least, slow down the move a little (clear 10 pips reject in this case and a nice M15 pinbar).
- kassec replied Jan 6, 2011
Going with momentum : I took it short @ 1.5502. Let's see
- kassec replied Jan 3, 2011
And long from 1.33443.
- kassec replied Jan 3, 2011
Out @ 1.3335.
- kassec replied Jan 3, 2011
If 1.3336 holds for too long, I may reverse and go long. Watching for now ...