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  • #264,101
  • Jun 28, 2010 1:07pm Jun 28, 2010 1:07pm
Quoting dtrader9
from tomorrow i'm away for a while. i'm now short from 1.2473, shall i close now, or set a take profit for some more pips and profit...?

don't be selfish. take it!
  • #264,102
  • Jun 28, 2010 1:11pm Jun 28, 2010 1:11pm
Quoting ubaidahsan
i do agree in next 2 days it could but it needs to hold today's high and make lower then that then may be tomorrow or on Wednesday we will enjoy a ride but right now in next 3-4 hours it will test 2320-40 and then down i am hopeful 2340 is a good point for shorting till 21xx... what are your views about it?1H Trendline tells that it is tested LTL at 2280 so it has to go up to test 2320-40 min to continue down let see my SL will hit or tp..


Ub
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  • #264,103
  • Jun 28, 2010 1:14pm Jun 28, 2010 1:14pm
Quoting A-lonetrader
It's time to go back North...?
It looks like....
  • #264,104
  • Jun 28, 2010 1:15pm Jun 28, 2010 1:15pm
Quoting Orbital
I think youre not getting me, im playing multiple timeframes here, ofcourse there can be a rebound as illustrated on this 15m timeframe picture:

http://img819.imageshack.us/img819/3...ingfork.th.png


All im trying to say is that its heading for that warning line below the Lower median line of the Green fork on the daily TF picture, that could take a while but my plays are set, right now im watching how this will behave and im betting on a long towards the aqua coloured...
but in the other post you said it would hit the median line in 5 to 10 hours... That's why I replied...

but it's your system.. Im sure you know what's best for you!

I just dont like setting specific targets for TP. I like to split my trades.. take some @ 25pips and let the rest role...

Regards
  • #264,105
  • Jun 28, 2010 1:16pm Jun 28, 2010 1:16pm
I'm back from lunch and I see the market continues to stall around 1.2280 - a waiting game in anticipating a long entry.
  • #264,106
  • Jun 28, 2010 1:22pm Jun 28, 2010 1:22pm
Not for much longer.
  • #264,107
  • Jun 28, 2010 1:27pm Jun 28, 2010 1:27pm
Quoting grandpost
Nice words, don't apply now.........because you are wrong unless you are scalping buys........

show us the balance to back it up......this is not a trading contest......but merely awakening the herd.......

This is an impulse wave down....5 of 3............Repeat 3,3,3,3,3,,3,3,3,3,3,3......this is one of the opportunities in the market where it is fast and everyone recognized SELL......

Yet someone here is saying it takes 2 sides to make the market.......

The fed trades the pattern, speculators trade the pattern......Geniuses are on the...
quite well response dude
  • #264,108
  • Jun 28, 2010 1:29pm Jun 28, 2010 1:29pm
gbpusd may put eurusd in more troble.gbpusd keep going up and audusd also holdingup as well and with what am seeing my chart now i see gbpusd,audusd falling now and this will put the big presure on eur and make it fall hard.this will be a good sell,sell and sell
  • #264,109
  • Jun 28, 2010 1:31pm Jun 28, 2010 1:31pm
Quoting segxy007
gbpusd may put eurusd in more troble.gbpusd keep going up and audusd also holdingup as well and with what am seeing my chart now i see gbpusd,audusd falling now and this will put the big presure on eur and make it fall hard.this will be a good sell,sell and sell
Good observation. I was thinking the same thing. 1.516 would be the top of the channel and then comes the fall.
  • #264,110
  • Jun 28, 2010 1:40pm Jun 28, 2010 1:40pm
Every major EUR cross is getting crushed today.
  • #264,111
  • Jun 28, 2010 1:46pm Jun 28, 2010 1:46pm
Quoting Jhig
I'm back from lunch and I see the market continues to stall around 1.2280 - a waiting game in anticipating a long entry.
Hey Jhig,

I got your PM response but it was just a quote of the message that I had sent you??

And that "josef" was supposed to be "Later". lol

Donnie
  • #264,112
  • Jun 28, 2010 1:49pm Jun 28, 2010 1:49pm
Can 1.2300 act as a good resistance? May short it around 1.2280 if so.
  • #264,113
  • Jun 28, 2010 1:53pm Jun 28, 2010 1:53pm
Quoting A-lonetrader
After the stings, r we heading N or S...? thank you..!
Look at the TLs
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  • #264,114
  • Jun 28, 2010 1:55pm Jun 28, 2010 1:55pm
Quoting uraceulose
Hey Jhig,

I got your PM response but it was just a quote of the message that I had sent you??

And that "josef" was supposed to be "Later". lol

Donnie
Hey Donnie

Again, thats my fault. I may have deleted the [/quote] from your message. lol
  • #264,115
  • Jun 28, 2010 1:56pm Jun 28, 2010 1:56pm
Quoting Jhig
Hey Donnie
lol, aint no thang brother
  • #264,116
  • Jun 28, 2010 1:57pm Jun 28, 2010 1:57pm
i suppose a retrace back to 1.23/1.231 is in the cards now... i was long friday and closed them today (with a loss) but i ve opened a short on euro yen which seemed a clearer bet at 110.5
Andreyou
  • #264,117
  • Jun 28, 2010 2:06pm Jun 28, 2010 2:06pm
I'm playing my long for about 2315. But I'll keep it open and just use a SL to lock in pips. We'll see.

Basically, I'm sold on the EU staying 2200-2900 in July/Aug right now. Too many "smart" people agreeing on this with a dive coming in Sep or beyond for 1.2000 to parity.
Only expectation matters . . .
  • #264,118
  • Jun 28, 2010 2:07pm Jun 28, 2010 2:07pm
okay i am long at 1.2290 why i sense dollar weakness. if it breaks 1.2250 i will take the hit and short
  • #264,119
  • Jun 28, 2010 2:11pm Jun 28, 2010 2:11pm
Quoting Prosac_100Mg
okay i am long at 1.2290 why i sense dollar weakness. if it breaks 1.2250 i will take the hit and short
I don't see $ weakness...
  • #264,120
  • Jun 28, 2010 2:21pm Jun 28, 2010 2:21pm
Quoting Prosac_100Mg
okay i am long at 1.2290 why i sense dollar weakness. if it breaks 1.2250 i will take the hit and short
... and that's my short term tradig plan. If price break past 1.2250, price would have also created an bearish engulf bar on the Daily. Of course if that happens, I'd probably be short biased tomorrow.

At the moment, still anticipating longs.
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