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EURUSD

  • #147,341
  • Sep 28, 2009 12:24pm Sep 28, 2009 12:24pm
Quoting forexblaster
Indeed that level is looking deep. However, I believe 1.4621 could be the spot if it reaches.
for short ? Or what do you mean it would be the spot?

I got my nice shorts
  • #147,342
  • Sep 28, 2009 12:27pm Sep 28, 2009 12:27pm
Quoting viljam
for short ? Or what do you mean it would be the spot?

I got my nice shorts
In determining how far this is going to retrace. That's one deviation on a BB...if it crosses this threshold...the probability that the retracement is going toward 4635 greatly increases. Stalls....then more likely we have our shelf....
  • #147,343
  • Sep 28, 2009 12:28pm Sep 28, 2009 12:28pm
Quoting PriceVolume
Indeed likely to be the decision point.
Are you onboard the train going south if we get there?
  • #147,344
  • Sep 28, 2009 12:29pm Sep 28, 2009 12:29pm
Quoting forexblaster
Are you onboard the train going south if we get there?
We'll see when/if we get there....I'll let you know.
  • #147,345
  • Sep 28, 2009 12:30pm Sep 28, 2009 12:30pm
We have arrived...question is how much more is she going to go.
  • #147,346
  • Sep 28, 2009 12:34pm Sep 28, 2009 12:34pm
i have no idea where it goes now my predictions were correct and i got my shorts but now i am a bit confused ..... should i go in for another short or not ?
  • #147,347
  • Sep 28, 2009 12:36pm Sep 28, 2009 12:36pm
Quoting viljam
i have no idea where it goes now my predictions were correct and i got my shorts but now i am a bit confused ..... should i go in for another short or not ?
Stick to your chart. If your chart and trading plan say no....then absolutely, positively, do not.
  • #147,348
  • Sep 28, 2009 12:36pm Sep 28, 2009 12:36pm
Quoting viljam
i have no idea where it goes now my predictions were correct and i got my shorts but now i am a bit confused ..... should i go in for another short or not ?
look at 1h chart buddy and you ll see that there is a pretty big chance of making a lower low :-) look at the chart i posted and you ll know what to do
Attached Image (click to enlarge)
Click to Enlarge Name: pr5.gif Size: 17 KB
Pation is the Holy Grail
  • #147,349
  • Sep 28, 2009 12:37pm Sep 28, 2009 12:37pm
Quoting viljam
i have no idea where it goes now my predictions were correct and i got my shorts but now i am a bit confused ..... should i go in for another short or not ?
If you are confused then do nothing and stay out. It is wise to enter a trade if you are %90+ sure about what the chart is saying to you.

JMO
Discipline + Patience - Fear - Greed = Success
  • #147,350
  • Sep 28, 2009 12:41pm Sep 28, 2009 12:41pm
Indeed as I suspected 1.4621 was the spot. It just was not enough to make me wanna jump on just yet...we will have to be patient and see where this beast is heading. I do believe like many on this forum that it is indeed going to continue south...the KEY is just where to get onboard.
  • #147,351
  • Sep 28, 2009 12:44pm Sep 28, 2009 12:44pm
Quoting forexblaster
Indeed as I suspected 1.4621 was the spot. It just was not enough to make me wanna jump on just yet...we will have to be patient and see where this beast is heading. I do believe like many on this forum that it is indeed going to continue south...the KEY is just where to get onboard.
s1 is holding the euro.. but i think we ll get through pretty soon
Pation is the Holy Grail
  • #147,352
  • Sep 28, 2009 12:44pm Sep 28, 2009 12:44pm
Looking for another short below 1.4632/40 to test 1.4610/02 again if break.seems it ready for this dive in most tf even suspicous H4.
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #147,353
  • Sep 28, 2009 12:45pm Sep 28, 2009 12:45pm
Quoting forexblaster
Indeed as I suspected 1.4621 was the spot. It just was not enough to make me wanna jump on just yet...we will have to be patient and see where this beast is heading. I do believe like many on this forum that it is indeed going to continue south...the KEY is just where to get onboard.
Yep. Constipation. Still struggling to reach further upward. I'm still sitting on my hands. Note that this will be an aggresive play given the psychological level of 4600 - so I would watch this level like a hawk (I prefer the quick and clean trades rather than being taken for a ride: I'd rather pocket a small amount of profit, get out, and then reenter when things look more favorable). After close below 4610 or demonstration of momentum (same bar) I'll be think short - again this is aggressive.
  • #147,354
  • Sep 28, 2009 12:48pm Sep 28, 2009 12:48pm
how about to get on the train right now ;-)
Pation is the Holy Grail
  • #147,355
  • Sep 28, 2009 12:50pm Sep 28, 2009 12:50pm
Quoting CzechTrade
how about to get on the train right now ;-)
Like you said, the 4H looks promising....but entry right now doesn't fit with my plan. I have to wait for confirmation......LOL
  • #147,356
  • Sep 28, 2009 12:54pm Sep 28, 2009 12:54pm
Quoting CzechTrade
how about to get on the train right now ;-)
I am just now testing with one slot this out with tight SL
  • #147,357
  • Sep 28, 2009 12:54pm Sep 28, 2009 12:54pm
Quoting PriceVolume
Like you said, the 4H looks promising....but entry right now doesn't fit with my plan. I have to wait for confirmation......LOL
See that hesitation we're experiencing at the 4610 level....that's what I try to avoid on my short-term trades....still waiting.
  • #147,358
  • Sep 28, 2009 12:56pm Sep 28, 2009 12:56pm
I would love to get on this train...but I have to stick to what my gut says...get on if it reaches the 1.4636 level...if not, then wait it out to see if it breaks the 1.4595 mark.

If your on now, I wish you the best. It should be alright...just maybe a bumpy ride..although at the moment its looking pretty good...lol
  • #147,359
  • Sep 28, 2009 12:56pm Sep 28, 2009 12:56pm
Quoting PriceVolume
See that hesitation we're experiencing at the 4610 level....that's what I try to avoid on my short-term trades....still waiting.
Short. We'll see.
  • #147,360
  • Sep 28, 2009 12:56pm Sep 28, 2009 12:56pm
Quoting PriceVolume
See that hesitation we're experiencing at the 4610 level....that's what I try to avoid on my short-term trades....still waiting.
yea.. there is also s1 at 1.4614.. if you look at 15m you can see that last 4 candles didnt make it through.. BUT NOOOW BUUUY THE DOLLAR
Pation is the Holy Grail
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