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  • #162,821
  • Nov 18, 2009 5:27am Nov 18, 2009 5:27am
i am long again.Last 3 1 hr candle making some bullish flag and will play that.If that is true then 4990 is my target with this 2 longs i have now..Not 4970
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  • #162,822
  • Nov 18, 2009 5:27am Nov 18, 2009 5:27am
Quoting SilverShark
ECB's Trichet: strong dollar in interests of whole world...

when? year 2046?

Might be a lot sooner than that.

Open a daily chart and draw a line at 1.51 , seat back and watch what happens when price attempts to firmly head in that direction
Some drink at the fountain of knowledge. Others just gargle !
  • #162,823
  • Nov 18, 2009 5:34am Nov 18, 2009 5:34am
entered long @ 1,4969 tp 1,4983 sl 1,4947
Trade on your own risk Plan your trade&trade your plan dont be a
  • #162,824
  • Nov 18, 2009 5:35am Nov 18, 2009 5:35am
Quoting plan-b
Might be a lot sooner than that.

Open a daily chart and draw a line at 1.51 , seat back and watch what happens when price attempts to firmly head in that direction
It goes back every time at 1.46-1.48 level
  • #162,825
  • Nov 18, 2009 5:42am Nov 18, 2009 5:42am
Quoting plan-b
Might be a lot sooner than that.

Open a daily chart and draw a line at 1.51 , seat back and watch what happens when price attempts to firmly head in that direction

Hehe, yes that is true. But they have at least by voting blue taken a step in the right direction. I hope...
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  • #162,826
  • Nov 18, 2009 5:42am Nov 18, 2009 5:42am
I think we are in this range between red resistance line and 200 ema on 4 hr.Posible spikes to 5025 area.
I mean for now
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  • #162,827
  • Nov 18, 2009 5:42am Nov 18, 2009 5:42am
Wow. Having spent the last 11 and a bit months trading mostly JPY crosses and G/U I am loving this! Place buy stops...take the dog for a walk...pips...

I had a thought last night that E/U was the most appropriate pair for trading breakouts, seems that is definitely the case tonight!

In for free around the WPP, this is a great one to let ride, my thinking is if we don't see the WPP again this week could be start of strong new uptrend (although the possibility for further downmove corrective wave C still exists if yesterday wasn't it).

Supposed to be on trading holiday and using that time to refine my technique, feeling tempted to return to the E/U and A/U I used to trade when get back to it next year.
  • #162,828
  • Nov 18, 2009 5:45am Nov 18, 2009 5:45am
R1 @ 4979, watch out.
  • #162,829
  • Nov 18, 2009 5:50am Nov 18, 2009 5:50am
Quoting T.E.Lawrence
R1 @ 4979, watch out.
mine R1 is 4970.That is why i was targeting 4970 in the first place.Now it looks i should close second long at that level.Now..No i will wait 4990 and then will see will wait for 5000-25 level.All trades are locked so just will drink bear and watch.
  • #162,830
  • Nov 18, 2009 5:53am Nov 18, 2009 5:53am
Quoting Trading Cat
entered long @ 1,4969 tp 1,4983 sl 1,4947
1.4968 was my short level. got it wrong this morning session, let's see if the afternoon session belongs to me. all talk and no action and the speculators are calling the bankers bluff, let's see what happens
  • #162,831
  • Nov 18, 2009 5:55am Nov 18, 2009 5:55am
I got in yesterday at 1.488 and out at 1.4922 I need to open my porfit target up a little bit, but at least I made something.

Looking for it to peek so I can short it and ride it back down.
"Risk comes from not knowing what you are doing.“ Warren Buffett
  • #162,832
  • Nov 18, 2009 6:03am Nov 18, 2009 6:03am
Quoting Atlast
1.4968 was my short level. got it wrong this morning session, let's see if the afternoon session belongs to me. all talk and no action and the speculators are calling the bankers bluff, let's see what happens
right now u are winning.
we'll see maybe I reach my tp and then it'll go down we both win.
Trade on your own risk Plan your trade&trade your plan dont be a
  • #162,833
  • Nov 18, 2009 6:08am Nov 18, 2009 6:08am
gold is on steroids... which is pushing up the Euro... could be in for a correction soon...
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  • #162,834
  • Nov 18, 2009 6:09am Nov 18, 2009 6:09am
Quoting Trading Cat
right now u are winning.
we'll see maybe I reach my tp and then it'll go down we both win.
What's your take on the DAX?
  • #162,835
  • Nov 18, 2009 6:10am Nov 18, 2009 6:10am
Quoting Atlast
1.4968 was my short level. got it wrong this morning session, let's see if the afternoon session belongs to me. all talk and no action and the speculators are calling the bankers bluff, let's see what happens
You are short from 1.4968?
  • #162,836
  • Nov 18, 2009 6:11am Nov 18, 2009 6:11am
Quoting SilverShark
You are short from 1.4968?
oh yes, and adding if it blows
  • #162,837
  • Nov 18, 2009 6:12am Nov 18, 2009 6:12am
we are going to explode... imo
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  • #162,838
  • Nov 18, 2009 6:13am Nov 18, 2009 6:13am
Quoting Atlast
oh yes, and adding if it blows
and TP?
  • #162,839
  • Nov 18, 2009 6:15am Nov 18, 2009 6:15am
Quoting TexasforEX
The odds of the euro bouncing back sharply are very slim. If 1.4820/00 is a bottom the market will chop alot of wood before making a green candle tomorrow, imo/fwiw.

Wood was chopped yesterday, green candle today.

Yes sir, I like it
"Timing Is Everything. Really I Swear It Is"
  • #162,840
  • Nov 18, 2009 6:16am Nov 18, 2009 6:16am
Quoting Atlast
What's your take on the DAX?
I had a long on the DAX this morning when it made its high.

I would continue to long DAX everytime it breaks a daily high, until we reach 5892 area. If this hold then we have a beautiful double top and the shorting can beginn. Should 5892 break I just continue to buy every daily high break.

All the best,
The Cat
Trade on your own risk Plan your trade&trade your plan dont be a
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