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EURUSD

  • #160,481
  • Nov 11, 2009 2:50am Nov 11, 2009 2:50am
Quoting X.Oden
Possibly 1.5272 and then 1.5413
not so sure if it goes so fast.
I am looking at october high (23.) at around 1,5063.
Personally I would prefer if it comes back down to R1 1,5029 for me to re-enter longs. Otherwise a break of 44 will make my trigger finger itch.
The Cat
Trade on your own risk Plan your trade&trade your plan dont be a
  • #160,482
  • Nov 11, 2009 2:50am Nov 11, 2009 2:50am
Quoting TexasforEX
took profit at 1.5040 for a tasty 180 pip snack
Any reasons why you wanna TP now as you have mentioned that it would head back up again?

Thanks.

I am out of my short already but may not enter again until the PA move away from where it is now.
  • #160,483
  • Nov 11, 2009 2:50am Nov 11, 2009 2:50am
Quoting Trading Cat
good morning.

Just closed a trade € long entry 1,50259 sl 1,5006 tp 1,5040 move sl up once price was at 36 sl then was 16.
Tp got hit

As said yesterday my trading just wasnt working with the market conditions yesterday and as we can see today all is back to normal.
Good trading everyone.
The Cat
TP 1.5040 also hit for me ... where do you think it will go now? 1.5060?
  • #160,484
  • Nov 11, 2009 2:51am Nov 11, 2009 2:51am
Quoting earthsmate
wow ... charts used ?

1600 bucks .. wow ... still moaning my 2k aud loss from couple of weeks ago), well of my profit though .. still ...

1.4950 entry based on fibo retracements of previous days move and strong area of support from previous resistance.

as stated in previous post, profit target based on ab=cd measured move

hope this helps.
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"Timing Is Everything. Really I Swear It Is"
  • #160,485
  • Nov 11, 2009 2:51am Nov 11, 2009 2:51am
Wow! going to retrace 100% fib , will wait for shorts at that levels . longs closed earlier.
fontu
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #160,486
  • Nov 11, 2009 2:54am Nov 11, 2009 2:54am
Quoting perrier
Any reasons why you wanna TP now as you have mentioned that it would head back up again?

Thanks.

I am out of my short already but may not enter again until the PA move away from where it is now.

well, i said probably it would take off and blow through those stops again. I don't know for sure. Nobody went broke taking profits and I like to get paid for my time and worry.

I also have plenty of longs from lower levels that will pay me off nicely if it indeed does break.
"Timing Is Everything. Really I Swear It Is"
  • #160,487
  • Nov 11, 2009 3:00am Nov 11, 2009 3:00am
I'm very curious as to why everyone is buying near the top....
TRADE FOR SWAP
  • #160,488
  • Nov 11, 2009 3:02am Nov 11, 2009 3:02am
  •  G_Man
  • | Joined Aug 2009 | Status: getting ready for the next Battle | 781 Posts
Quoting X.Oden
Possibly 1.5272 and then 1.5413
wrong ...

wow ... thats a bit of a exaggeration ...
  • #160,489
  • Nov 11, 2009 3:03am Nov 11, 2009 3:03am
small bull perhaps at the top & so few pips in long be good for me .
fontu
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #160,490
  • Nov 11, 2009 3:03am Nov 11, 2009 3:03am
Quoting G_Man
wrong ...

wow ... thats a bit of a exaggeration ...

actually i could see 1.5275 as a top but my charts suggest it would happen next week.
"Timing Is Everything. Really I Swear It Is"
  • #160,491
  • Nov 11, 2009 3:04am Nov 11, 2009 3:04am
Quoting tundeakins
Well it looks like this pair will go up but I am not really sure. Please I need answers.

If you don't already have a plan, it's not worth doing.

We all know you say 'please' because you're being respectful and polite, but
In our world, we hear 'please' and we think "desperate".

Don't worry. Take a step back and look at it.
It's not going anywhere, really.

To large specs, 150 is the same as 151 or 149.

You've got plenty of time to formulate a plan.
Some Central Banks are on holiday today.

Just don't jump until you see where it's going, good buddy.

This is supposed to be simple. (just not easy).
  • #160,492
  • Nov 11, 2009 3:04am Nov 11, 2009 3:04am
  •  G_Man
  • | Joined Aug 2009 | Status: getting ready for the next Battle | 781 Posts
Quoting cgldsmth
I'm very curious as to why everyone is buying near the top....
when you know, can you let me know ...

cuz i am curious too ...
  • #160,493
  • Nov 11, 2009 3:08am Nov 11, 2009 3:08am
Quoting X.Oden
EURUSD is going to go up....

Quoting X.Oden
Any questions?
Yea,

You don't happen to have tommorow nite's lottery numbers handy ?

Also, I'd like to rub your head for good luck.

Path of least resistance won the battle this last move.
  • #160,494
  • Nov 11, 2009 3:09am Nov 11, 2009 3:09am
  •  G_Man
  • | Joined Aug 2009 | Status: getting ready for the next Battle | 781 Posts
Quoting toshi
Yea,

You don't happen to have tommorow nite's lottery numbers handy ?

Path of least resistance won the battle this last move.
  • #160,495
  • Nov 11, 2009 3:10am Nov 11, 2009 3:10am
I do actually....but I'm not sure they're the winning numbers

Quoting toshi
Yea,

You don't happen to have tommorow nite's lottery numbers handy ?

Path of least resistance won the battle this last move.
In Charts We Trust!
  • #160,496
  • Nov 11, 2009 3:11am Nov 11, 2009 3:11am
Quoting cgldsmth
I'm very curious as to why everyone is buying near the top....

yeah I agree, this is showing a lot of power, but we just had like 5 15 min bars straight up, over extended on the lower time frames, but anything is possible
  • #160,497
  • Nov 11, 2009 3:11am Nov 11, 2009 3:11am
Quoting cgldsmth
I'm very curious as to why everyone is buying near the top....
Because breakout traders buy high to sell higher...
Counter trend trader buy low to sell high...

The only problem with buy low, is to know when low is really low for the market, when it's easy to see when market is making new highs and going with them.

It's just 2 different ways to trade. Nothing wrong, as long as it's controlled.
Getting it right is NOT as important as not getting it wrong.
  • #160,498
  • Nov 11, 2009 3:12am Nov 11, 2009 3:12am
Quoting toshi
Don't worry. Take a step back and look at it.
It's not going anywhere, really.

Just don't jump until you see where it's going, good buddy.
For Godsake let's not fly off half-cocked. GB news coming up in 0:20, that should provide a clue.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #160,499
  • Nov 11, 2009 3:14am Nov 11, 2009 3:14am
  •  G_Man
  • | Joined Aug 2009 | Status: getting ready for the next Battle | 781 Posts
ok, lets get into it ...

i say 5060 is our lucky number ...

short at 5060 if you wanna be this weeks lucky winner ...

is anyone disagree?
  • #160,500
  • Nov 11, 2009 3:16am Nov 11, 2009 3:16am
Quoting The Fool
For Godsake let's not fly off half-cocked. GB news coming up in 0:20, that should provide a clue.
Yes, that's right. 5062 will determine whether this will stick or not.....and the UK unemployment news might have something to say about it too
Doing what you like is Freedom. Liking what you do is Happiness.
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