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  • #724,181
  • Nov 29, 2012 3:04am Nov 29, 2012 3:04am
i dont know what it will do.. this is the second time here after the 2987 target...2987 was a retrace target for 2432 ish.. with the 2 tries, this may be the double top.
it is valid up to 3173.... so dont let it go against you too far. need the -2964 close
this small one is for 2976 is for 2879
those who can, do. those who cant, talk about those who can
  • #724,182
  • Nov 29, 2012 3:04am Nov 29, 2012 3:04am
nice DT formed on eurtry M15
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  • #724,183
  • Nov 29, 2012 3:04am Nov 29, 2012 3:04am
Quoting Davit
Lets go Bears
Short 2970 2950 2940
http://2.bp.blogspot.com/-VycMhR3-89...vs%2Bbears.jpg
"nice"
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  • #724,184
  • Nov 29, 2012 3:04am Nov 29, 2012 3:04am
Quoting Kanzler
If it gets to 1.3020 I'm shorting there as well....double top with fib right above, not a chance I'd miss that opportunity.

So you think 1.3020~ will be maximum for today?
  • #724,185
  • Nov 29, 2012 3:04am Nov 29, 2012 3:04am
Quoting shmandi
only 5000 more unemployed
ok thanks for the clarification. then i read the data wrong but why is euro reading it wrong?
  • #724,186
  • Nov 29, 2012 3:04am Nov 29, 2012 3:04am
Quoting shmandi
only 5000 more unemployed
correct, expectation was 17500 so data was positive
  • #724,187
  • Nov 29, 2012 3:05am Nov 29, 2012 3:05am
hi good morning friends

i think that its high probability that prices today break 1.30 again to test two yearly supply line mention in the chart as red circle, that will be a high probability trade with low risk and high reward trade

the supply line approx touches at 3030
Attached Image (click to enlarge)
Click to Enlarge Name: t.png Size: 39 KB
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  • #724,188
  • Nov 29, 2012 3:05am Nov 29, 2012 3:05am
Quoting KiwiTrada
"nice"
I would certainly be terrified by that bear
  • #724,189
  • Nov 29, 2012 3:06am Nov 29, 2012 3:06am
Quoting gatorinla
i dont know what it will do.. this is the second time here after the 2987 target...2987 was a retrace target for 2432 ish.. with the 2 tries, this may be the double top.
it is valid up to 3173.... so dont let it go against you too far. need the -2964 close
this small one is for 2976 is for 2879
ok sir. will watch that
  • #724,190
  • Nov 29, 2012 3:06am Nov 29, 2012 3:06am
Quoting KiwiTrada
"nice"
bear is working hard, geppy is although playing fuk ping pong, it is build a bear flag, seems been waiting forever maybe this hr
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  • #724,191
  • Nov 29, 2012 3:07am Nov 29, 2012 3:07am
Quoting Nachiket
ok thanks for the clarification. then i read the data wrong but why is euro reading it wrong?
We'll see if price breaks short term support first....bulls showing weakness and I've tightened my stops but not convinced bears have the necessary force to push price below what's needed.
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  • #724,192
  • Nov 29, 2012 3:08am Nov 29, 2012 3:08am
Quoting KiwiTrada
bear is working hard, geppy is although playing fuk ping pong, it is build a bear flag, seems been waiting forever maybe this hr
i have eu pending /barrier @ 1.3020 , usually eu never touch my pending
Mohan
  • #724,193
  • Nov 29, 2012 3:09am Nov 29, 2012 3:09am
Quoting navk
According to my chart, hourly turned bullish and we should see 1.3000, dont know...
time will tell.
those who can, do. those who cant, talk about those who can
  • #724,194
  • Nov 29, 2012 3:10am Nov 29, 2012 3:10am
The number of unemployed people in Germany rose by 5K in November, following a 20K increase the previous month, according to data released by the Bundesagentur für Arbeit. This result is more positive than the expected 15K increase.

German Unemployment Rate s.a. Remained unchanged at 6.9% for the second consecutive month, as expected.
  • #724,195
  • Nov 29, 2012 3:10am Nov 29, 2012 3:10am
Quoting gatorinla
time will tell.
best explaination
  • #724,196
  • Nov 29, 2012 3:11am Nov 29, 2012 3:11am
havent seen 5 green h4 candles in a row for quite some time now. and 6th is forming. others might have it different as my broker uses gmt
  • #724,197
  • Nov 29, 2012 3:11am Nov 29, 2012 3:11am
Quoting Daytrader74
The number of unemployed people in Germany rose by 5K in November, following a 20K increase the previous month, according to data released by the Bundesagentur für Arbeit. This result is more positive than the expected 15K increase.

German Unemployment Rate s.a. Remained unchanged at 6.9% for the second consecutive month, as expected.
ok so u mean to say 10k jobs were created if my maths is rite
  • #724,198
  • Nov 29, 2012 3:12am Nov 29, 2012 3:12am
Quoting cgldsmth
nice DT formed on eurtry M15
There are some serious disagreements between the prime minister Erdogan and president Gul, the TL currency will see more volatility next few weeks... Just a friendly advice special care is needed.
  • #724,199
  • Edited 3:16am Nov 29, 2012 3:13am | Edited 3:16am
Quoting Nachiket
ok so u mean to say 10k jobs were created if my maths is rite
No, it means there was a net loss of 5,000 jobs. There was no recovery of net jobs from last month but the report isn't as bad as was expected. So combining October and November, there were 25,000 jobs lost in Germany, but this is better than the projected 35,000 jobs expected to have been lost. Very good data.
  • #724,200
  • Nov 29, 2012 3:13am Nov 29, 2012 3:13am
Quoting math_GB
There are some serious disagreements between the prime minister Erdogan and president Gul, the TL currency will see more volatility next few weeks... Just a friendly advice special care is needed.
I always double-glove
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