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look for 1.236 today
Quoting greengp
look for 1.236 today

WHY ???

PLEASE EXPLAIN YOUR REASONS SO WE CAN ALL LEARN MY FRIEND

"As always trade wisely folks,And then with Patience,time will reveal all"
see the m 15 chart and look the higher low and to the last bear run and they may hit again which is 1.236 area
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eu
Quoting dingoman-two
{quote} i am looking for a long at the 1.2340 area as a re-entry point,on the one hourly chart, could be a bit of a stretch though with everything going on around the place. ...

changed re-entry call from 1.12310 to 1.12340

sorry folks

Quoting greengp
see the m 15 chart and look the higher low and to the last bear run and they may hit again which is 1.236 area

Good call my friend, that looks like a 123 reversal awaiting confirmation IMHO

https://www.google.com.au/search?q=1...H5PQ8wWDyYa4Bw


Screenshot 2018-01-26 13.52.28.png
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"As always trade wisely folks,And then with Patience,time will reveal all"
Hi everyone,

There is a fairly strong support / resistance level sitting just below 1.2500, according to my indicators ...
Possible retest of at least 1.2480 - sometime today.
One should not underestimate the power of bearish pin bar. If followed by a bearish candle, we are into the bear business. US GDP might clear the path.

Stay alert. Green Pip to All
Wise man once said "You gotta trade tomorrow as well"
Quoting xmart
One should not underestimate the power of bearish pin bar. If followed by a bearish candle, we are into the bear business. US GDP might clear the path. Stay alert. Green Pip to All

agreed when trading the daily chart, intra day trading is a bit different
"As always trade wisely folks,And then with Patience,time will reveal all"
need to prepare for long term bears. watch some consolidation on these levels
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If H1 is closed above 1.2503, bullish continues ...
If it’s closed below 1.2375, bears may be in control ...
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Market is not random but unpredictable
Quoting pairsniper
need to prepare for long term bears. watch some consolidation on these levels {image} {image}

Tough call on the monthly my friend,
theirs a very good chance we may be experiencing a correction,

if so then we may see a breakout at the long term resistance line

but the daily pin bar has me thinking twice as well

as always time will tell,

cheers

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Quote
" May the money god's be kind to us all "
"As always trade wisely folks,And then with Patience,time will reveal all"
maybe teacup... trend supporting sign
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Thirteen times I have been rich and poor
WillB Return This Year: -50.0%
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learning to trade All Time Return: -3.6%
Quoting Dingoman-two
{quote} Tough call on the monthly my friend, theirs a very good chance we may be experiencing a correction, if so then we may see a breakout at the long term resistance line but the daily pin bar has me thinking twice as well as always time will tell, may the money god's be kind cheers Screenshot 2018-01-26 14.27.43.png {image}
Quoting pairsniper
need to prepare for long term bears. watch some consolidation on these levels {image} {image}
Fine observation.
Yeap. That bearish Weekly Trend Line should have some impact - when we get there.
Let's see how deep..
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Quoting Dingoman-two
{quote} Tough call on the monthly my friend, theirs a very good chance we may be experiencing a correction, if so then we may see a breakout at the long term resistance line but the daily pin bar has me thinking twice as well as always time will tell, may the money god's be kind cheers Screenshot 2018-01-26 14.27.43.png {image}
time will tell. thats why we need to watch smaller consolidation to reverse.
big trendline res.+small consolidation+reverse of small consolidation is enough for me.
Quoting TudorIoan
{quote} {quote} Fine observation. Yeap. That bearish Weekly Trend Line should have some impact - when we get there. Let's see how deep..
This bearish line has 4 tops if i am not wrong on my chart. So we could expect a breakthrough
MAKE IT RAIN
Quoting TudorIoan
{quote} {quote} Fine observation. Yeap. That bearish Weekly Trend Line should have some impact - when we get there. Let's see how deep..
nice bear candle observed @ 2650
yes 2650
learning to trade All Time Return: -3.6%
Selling 1.2463
SL: 20 pips
TP: 20 pips

Stay Green
Be a seer, not a looker!
Anyway, the mad euro bull is bouncing extremely vivid on 38.2% Fibo retracements on D1
For how long? 2650 Patience?
Up to the fourth top on the W1 bearish TL, Mihai?

edit: BTW, "vivid bull mad bounce" is my opposite word for "dead cat bounce"
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