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  • #181,361
  • Jan 14, 2010 11:22pm Jan 14, 2010 11:22pm
a lot of mix perceptions here...we see 1.45 or 1.43?
  • #181,362
  • Edited 11:39pm Jan 14, 2010 11:25pm | Edited 11:39pm
Quoting fontu
why not place few longs as pending at 1.4477 for a tp to the top 1.4578 sl 1.4465 , min risk for a max gain .usually do not place any orders overnight but some risks can take.The bull so far showed not enough!RIP swing point still not giving any bull signal yet ?
fontu
Morning to all , I think RIP was right on decision providing late signal & my overnight trades lost only few pips.Bull broken down and came below 1.4415 below the expanding triangle top region & enter the main one .so suppose it will play more bears to 1.4315 /1.4276 , breaks down & to new low .

Right now price stall arround 1.4415 & may retrace towards 1.4444/54/64 at best.

RIP indicates sell continue.
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #181,363
  • Jan 14, 2010 11:27pm Jan 14, 2010 11:27pm
Bro.

Thanks



Quoting GulfCoastPip
Personally, I think you'll miss the north bound flight.

Why put your buy limit further south when momentum has slowed, if anything jump in, or put it further up so that the north bound momentum catches it.
  • #181,364
  • Jan 14, 2010 11:36pm Jan 14, 2010 11:36pm
fontu: does ur green and red squares paint slow on ur indicator? im using the same i think. been watching it and all of the sudden it indicates something a while ago.
  • #181,365
  • Jan 14, 2010 11:43pm Jan 14, 2010 11:43pm
short term buy is on but we r in a downtrend
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  • #181,366
  • Jan 14, 2010 11:43pm Jan 14, 2010 11:43pm
Quoting TraderMark
To be consistent with a true mirror image, I believe the price action has to hug the middle line...look again. Yes, No?
Maybe my terminology is wrong, but we can call it something else. The idea is that the middle line has shown pretty stiff bounces off it, and any bounce downwards from it has landed on the lower trendline. Any bounce upwards from the middle line has gone to the upper trendline.

You can think of a new name and let me know

Trend is down on the EUR

No good position will come up now. Any good position will come up at either between 2:30-4:30 AM or at 10:30 - 12:30 PM tomorrow. No sense right now pulling your hair and deciding on direction. Because no matter what you decide on, you will be surprised at just within these time slots.
  • #181,367
  • Jan 14, 2010 11:45pm Jan 14, 2010 11:45pm
Quoting alvelino
fontu: does ur green and red squares paint slow on ur indicator? im using the same i think. been watching it and all of the sudden it indicates something a while ago.
I am using having default values , now not seen any repaint. I think no indicator can run without repainting , slow is good perhaps .try default values in higher tf larseg told h1 best & above .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #181,368
  • Jan 14, 2010 11:48pm Jan 14, 2010 11:48pm
Quoting nawafasad1
short term buy is on but we r in a downtrend
this is a buy zone
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  • #181,369
  • Jan 14, 2010 11:49pm Jan 14, 2010 11:49pm
fontu: it doesnt repaint, but the indicator paints the squares sometimes 10 candles "later" .
  • #181,370
  • Jan 14, 2010 11:56pm Jan 14, 2010 11:56pm
Quoting Munal
Bro.

Thanks

You're welcome man! You should be in the pips now.
  • #181,371
  • Jan 15, 2010 12:00am Jan 15, 2010 12:00am
Nice little jump there. Picked up 10 pips scalp and my limit sell order took off too. SL @ 4500ish...keep going down baby...

DZ
  • #181,372
  • Jan 15, 2010 12:00am Jan 15, 2010 12:00am

what just happened any explaination
  • #181,373
  • Jan 15, 2010 12:01am Jan 15, 2010 12:01am
Quoting uraceulose
Nice little jump there. Picked up 10 pips scalp and my limit sell order took off too. SL @ 4500ish...keep going down baby...

DZ
yeah I entered a few seconds before and took ten pips also - very quick trade. I wasnt quick enough to sell the rally though
BTC Return This Year: na
  • #181,374
  • Jan 15, 2010 12:21am Jan 15, 2010 12:21am
Any idea, where is this guy?
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The Thief of Wall Street
  • #181,375
  • Jan 15, 2010 12:29am Jan 15, 2010 12:29am
Goood Morning....Ouwww it was a nightmare after I bought on 1.4465 my last portion and closed yesterdday @4515.. I AM A LUCKY MAN.. I could loose many money in this risky position but I closed in the right time before this big drop..I hope everbody is luck because now we have a new level in Game ..
" Accepting losses is the most important single investment devise "
  • #181,376
  • Jan 15, 2010 12:37am Jan 15, 2010 12:37am
If Euro/Pound will stay on 0.8830 level then I don't think it will go more down as 1.4410 and I go long for a short time until London session for some pips early
" Accepting losses is the most important single investment devise "
  • #181,377
  • Jan 15, 2010 12:41am Jan 15, 2010 12:41am
Is seems that seller are very strong now. I would not even expect to retest 1.4450 level - going down to 1.43
  • #181,378
  • Jan 15, 2010 12:43am Jan 15, 2010 12:43am
Kinda quiet, I'm gonna jump off for awhile. Been on for about 7 hours straight today but 7/8 good trades. Still riding short to around 4400...hopefully(using very similar to that cannarek triangle chart to be honest).

Take care guys,

Donnie
  • #181,379
  • Jan 15, 2010 12:43am Jan 15, 2010 12:43am
Quoting megaqujik
Is seems that seller are very strong now. I would not even expect to retest 1.4450 level - going down to 1.43
since 4 hours the market has stopped but . after the london session start the sellers can be harder I guess
" Accepting losses is the most important single investment devise "
  • #181,380
  • Jan 15, 2010 12:44am Jan 15, 2010 12:44am
Quoting freedom48
If Euro/Pound will stay on 0.8830 level then I don't think it will go more down as 1.4410 and I go long for a short time until London session for some pips early
I think of all possibilities, including possibility of an impossible.
The Thief of Wall Street
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