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EURUSD

  • #234,521
  • May 2, 2010 8:36pm May 2, 2010 8:36pm
Quoting RichLadyFX
Out for +100 pips.

Alhamdulillah, Thanks God.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #234,522
  • May 2, 2010 8:38pm May 2, 2010 8:38pm
Quoting Rgali1
I wouldnt want to catch a falling knife who knows how low they will push it.
Well said!
  • #234,523
  • May 2, 2010 8:38pm May 2, 2010 8:38pm
Quoting RichLadyFX
Out for +100 pips.

Alhamdulillah, Thanks God.
awesome trade
Blogging daily now at www.volume.zone
  • #234,524
  • May 2, 2010 8:40pm May 2, 2010 8:40pm
Quoting RichLadyFX
Out for +100 pips.

Alhamdulillah, Thanks God.
Well done!!!!
  • #234,525
  • May 2, 2010 8:41pm May 2, 2010 8:41pm
Mal- didnt you say earlier that if it broke 3250 you would rethink your long bias? As for me I think its to risky to do anything right now.
Former Trader Of the Year of the 95% losing club! Retired
  • #234,526
  • May 2, 2010 8:44pm May 2, 2010 8:44pm
Quoting malcolmb14
no asia and no one supporting price....

what better way to buy at discount than push price down under low volume..

60 min vol is non existent.

I think market volatility all week will be pretty high both directions.

should be an interesting week both directions with huge swings is this non existent no one around asian session is anything to go by

congrats to all sellers.... I am still waiting to buy dips in a normal volume session . Unless eu is going to drop 500 pip (which it might but doubt it as es dropped 20 on friday and eu dropped 20...
I'm watching for support at .3200~3185, it's the bottom of my 4H channel

anyway I'm a daytrader as well, as long as it's moving I'm happy
Attached Image (click to enlarge)
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  • #234,527
  • May 2, 2010 8:44pm May 2, 2010 8:44pm
I agree with Malcolmb, this is a push down on low/no volume so it can be brought at lower levels by NY. This week should be a counter trend week back to at least 1.3426 before the next sell down to 1.3079 and beyond. 1.3128 last week was my target for a very short term bottom. I'll be interested in longs around 1.3193 with a tight stop.
  • #234,528
  • May 2, 2010 8:45pm May 2, 2010 8:45pm
Quoting gatorinla
since we have another high..3360
w/o new high

bear target

1 3220
2 3216
3 3313

bull targets from last week still valid.

i dont like guestimations on manipulated charts. i dont like pa. so im staying out.. unless we touch wedge upper tl again. gu may be the better of the 2..
good luck
its hard to get a fixed set.
3 3313 is invalid.

current low 3227

if we continue beyond 3216


new 3
3 3161
4 3042
5 2983
6 2919
those who can, do. those who cant, talk about those who can
  • #234,529
  • May 2, 2010 8:49pm May 2, 2010 8:49pm
Quoting 2+2=4ex
precisely why I'm going to take a shot at a long right now.

entry: 3235

tp: 3261
sl: 3220
doink! Stopped out -15
  • #234,530
  • May 2, 2010 8:49pm May 2, 2010 8:49pm
Quoting Driver55
short 3331 closed @ 3242
Almost the exact same trade. I shorted at 3313. Closed 3244 (corrected)

If I were dyslexic, it would be the same trade.
Si vis pacem, para bellum.
  • #234,531
  • May 2, 2010 8:50pm May 2, 2010 8:50pm
Quoting Rgali1
Mal- didnt you say earlier that if it broke 3250 you would rethink your long bias? As for me I think its to risky to do anything right now.

yeah after being stopped out I am staying out till I can work this out

this move looksl ike complete bs and positioning for buyers at a lower price

the volumes are nonexistant
Blogging daily now at www.volume.zone
  • #234,532
  • May 2, 2010 8:50pm May 2, 2010 8:50pm
Quoting 2+2=4ex
I'm counting on a squeeze up before they push anything down, if in fact they do.
I'm in the camp that thinks this move down is the squeeze. As malcolmb said, what better opportunity than now to discount?

I'm tempted to enter, but I don't want to be one of the casualties this week.
  • #234,533
  • May 2, 2010 8:51pm May 2, 2010 8:51pm
Remember 3216 level used to be strong S/R.
  • #234,534
  • May 2, 2010 8:54pm May 2, 2010 8:54pm
i cant retrieve my big charts atm. so find a near support. we should bounce soon.
those who can, do. those who cant, talk about those who can
  • #234,535
  • May 2, 2010 8:56pm May 2, 2010 8:56pm
Quoting malcolmb14
yeah after being stopped out I am staying out till I can work this out

this move looksl ike complete bs and positioning for buyers at a lower price

the volumes are nonexistant

lol, told you 1000 times short the rallies , no accumulation but distribution,
euro 1.2 by july
  • #234,536
  • May 2, 2010 8:57pm May 2, 2010 8:57pm
http://img232.imageshack.us/img232/7656/invhs.gif

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Long @ 3220
S/L @ 3190
T/P @ 3285
  • #234,537
  • May 2, 2010 8:58pm May 2, 2010 8:58pm
here is a guess...support trend!
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  • #234,538
  • May 2, 2010 9:01pm May 2, 2010 9:01pm
i recall now 3215 was # 4 ass chart. too many pairs and numbers in my pea brain.. i got that disease crs. (cant remember shit). im lost with out my charts..
those who can, do. those who cant, talk about those who can
  • #234,539
  • May 2, 2010 9:02pm May 2, 2010 9:02pm
I'm putting my money on .3042 by midnight tomorrow.
Founder of Sutherland Wave Principle
  • #234,540
  • May 2, 2010 9:03pm May 2, 2010 9:03pm
anyway seems like a critical level here...
Andreyou
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