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EURUSD

  • #184,901
  • Jan 26, 2010 3:33am Jan 26, 2010 3:33am
Poor GBP GDP result (0.1%)
  • #184,902
  • Jan 26, 2010 3:35am Jan 26, 2010 3:35am
wew, gdp - this was nutz
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  • #184,903
  • Jan 26, 2010 3:45am Jan 26, 2010 3:45am
Well guys,

@6132 I'm out from gbpusd
The best thing that can happen to you is to find out where you're wrong.
  • #184,904
  • Jan 26, 2010 3:58am Jan 26, 2010 3:58am
nice trade driver, just closed my last gu short right now, hope for a retrace to enter another short.
happy pipps
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  • #184,905
  • Jan 26, 2010 4:15am Jan 26, 2010 4:15am
I'm gonna hit the sack. I'm up about 200 pips right now on current trades, moved some stops up/down and have one USD/CHF buy limit waiting. Still 2 Euro shorts, 1 GPB short TP @ 6095 and 1 U/J long @ 8940. hoping 4 about 100 pips on each and I have no TP's set on either Euro trade.

I'll talk to you guys tomorrow. Stay patient

Donnie
  • #184,906
  • Jan 26, 2010 4:25am Jan 26, 2010 4:25am
been holding short from 1.4081. Is this still a southbound train?
  • #184,907
  • Jan 26, 2010 4:25am Jan 26, 2010 4:25am
cant see anything....for the upside...yet..
can easlyli hit 4039....
StopLoss is for none belivers... Trust the Gurus..
  • #184,908
  • Jan 26, 2010 4:35am Jan 26, 2010 4:35am
Its stuck at a psyche level (ie 00) and long term drop is to the 1.382 fibonacci price extension of 5145-4200 which is 3858. So hold on to your shorts
  • #184,909
  • Jan 26, 2010 4:36am Jan 26, 2010 4:36am
Quoting behram
been holding short from 1.4081. Is this still a southbound train?
I'm short too @.4097 SL 1.4220 TP 1.3745
  • #184,910
  • Jan 26, 2010 4:38am Jan 26, 2010 4:38am
atleast im scalping shorts until..it changes.direction...
StopLoss is for none belivers... Trust the Gurus..
  • #184,911
  • Jan 26, 2010 4:41am Jan 26, 2010 4:41am
Quoting lillelise
atleast im scalping shorts until..it changes.direction...
Aint gonna change direction bro, all retracements in subwaves since the original drop has been to 38.2. Its going down
  • #184,912
  • Jan 26, 2010 4:46am Jan 26, 2010 4:46am
Quoting Kambooj
Aint gonna change direction bro, all retracements in subwaves since the original drop has been to 38.2. Its going down
im not an expert...lol i scalp the small TF...but ofcourse try to analyse the higher TF ........so i dont get caught too much..lol
StopLoss is for none belivers... Trust the Gurus..
  • #184,913
  • Jan 26, 2010 4:51am Jan 26, 2010 4:51am
Quoting lillelise
im not an expert...lol i scalp the small TF...but ofcourse try to analyse the higher TF ........so i dont get caught too much..lol
If you notice on M1, its done its 38.2, from the drop from 4178
4411-4023 >> done its 38.2
4554-4335 >> done its 38.2
5140-4213 >> done its 38.2

More down to come soon, its just stuck in the last stages of a triangle
  • #184,914
  • Jan 26, 2010 4:52am Jan 26, 2010 4:52am
Quoting Kambooj
If you notice on M1, its done its 38.2, from the drop from 4178
4411-4023 >> done its 38.2
4554-4335 >> done its 38.2
5140-4213 >> done its 38.2

More down to come soon, its just stuck in the last stages of a triangle
guess your right..i dont use pivot....just moving avarages..
StopLoss is for none belivers... Trust the Gurus..
  • #184,915
  • Jan 26, 2010 5:09am Jan 26, 2010 5:09am
Quoting TexasforEX
I value all opinions. My opinion here needs alot of validation before I would get confident. Just some beginning pieces starting to fall into place of a POTENTIAL bottom.

The break of 1.4120 and subsequent move lower looks a whole lot like a break of a bear flag. Doesn't look good for my call of a bottom.
"Timing Is Everything. Really I Swear It Is"
  • #184,916
  • Jan 26, 2010 5:11am Jan 26, 2010 5:11am
Price consolidating. Waiting to see how this picture ends.
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  • #184,917
  • Jan 26, 2010 5:11am Jan 26, 2010 5:11am
im not taking many longs before the moving avarages..changes..
StopLoss is for none belivers... Trust the Gurus..
  • #184,918
  • Jan 26, 2010 5:20am Jan 26, 2010 5:20am
Quoting Kambooj
Its stuck at a psyche level (ie 00) and long term drop is to the 1.382 fibonacci price extension of 5145-4200 which is 3858. So hold on to your shorts
are you saying its going down to 1.38 area with the fib ext . i dont know what fib ext you use to get this no. may be 261.8% fib which will be invalid on w3 - w4 ext and its more likely to be 127- 161.8%fib ext which will be at 1.4- 1.3950
  • #184,919
  • Jan 26, 2010 5:25am Jan 26, 2010 5:25am
Let's see if we can break the trendline at 4065 now....
  • #184,920
  • Jan 26, 2010 5:41am Jan 26, 2010 5:41am
Quoting TexasforEX
The break of 1.4120 and subsequent move lower looks a whole lot like a break of a bear flag. Doesn't look good for my call of a bottom.
1.41350 was the key level.
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