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  • #273,301
  • Jul 20, 2010 7:31am Jul 20, 2010 7:31am
Price will prolly test 2870 area.
  • #273,302
  • Jul 20, 2010 7:32am Jul 20, 2010 7:32am
Seems that the trend line is acting as support. check it out ! I would say ''wait till it breaks for your SHORTS''.
Attached Image (click to enlarge)
Click to Enlarge Name: eu1512.gif Size: 17 KB
Fools Rushing
  • #273,303
  • Jul 20, 2010 7:35am Jul 20, 2010 7:35am
Quoting EasyTrader
News Trading @ 09:00 EDT for all those crazy news traders .... LIKE ME!

Attachment

If the news actual is 0.25 higher than the forecast (1.0 +) YOU SELL LIKE MAD.

If the news actual is 0.25 lower than the forecast (0.5 -) YOU BUY LIKE MAD.

Good luck

EasyTrader, do you trade the spike or the retracement for any news trading?
  • #273,304
  • Jul 20, 2010 7:37am Jul 20, 2010 7:37am
is the e/u forming a double top?
in my view for the next days the e/u should go to about 1.2870 and then it should fall to 1.2750
Pecunia non olet
  • #273,305
  • Jul 20, 2010 7:37am Jul 20, 2010 7:37am
have not been trading lately.
here € and GBP.

Will be looking for a short closer to 2900 2882
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Trade on your own risk Plan your trade&trade your plan dont be a
  • #273,306
  • Jul 20, 2010 7:40am Jul 20, 2010 7:40am
A reversal bar near 1.2850 indicates a pull back
  • #273,307
  • Jul 20, 2010 7:47am Jul 20, 2010 7:47am
Quoting T.E.Lawrence
i can't decode this message
All your base are belong to us.
  • #273,308
  • Jul 20, 2010 7:48am Jul 20, 2010 7:48am
I hope thats it for posting.
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Trade on your own risk Plan your trade&trade your plan dont be a
  • #273,309
  • Jul 20, 2010 7:50am Jul 20, 2010 7:50am
Quoting MTF Test
Seems that the trend line is acting as support. check it out ! I would say ''wait till it breaks for your SHORTS''.
Ohh scary, you know how strong "yellow" trendlines can be. Especially ones that just jut out of the left side of a chart from unknown parts.
  • #273,310
  • Jul 20, 2010 7:51am Jul 20, 2010 7:51am
i also expect a retrace up to 1.293... and short from this area...
Andreyou
  • #273,311
  • Jul 20, 2010 7:51am Jul 20, 2010 7:51am
Quoting manojsai
.

i have put my buy limit orders at 2842 and at 2809.
My buy limit orders got filled.next target is 3090 SL is 2795
  • #273,312
  • Jul 20, 2010 7:52am Jul 20, 2010 7:52am
Quoting No Stress
Hi to all,

Taking a long position at 1.2934. SL 1.2920 TP 1.3078.

Expecting bull flag pattern. Tight SL of 10 pips + spread under lowest price of the flag. We are at 50% retrace of the flag pole. TP is 20 pips under the recent peak. Try to lock SL at entry position as soon as we pass through 1.2954 to have risk free. Calculating timing, bear is not so far. Could bear began from 1.31 level maybe from Tuesday. We will see. Nothing is sure, but no hasard in forex.

Good trading for all.
AS EXPECTED, bear has began today. It failed to go to 1.31 and went south from 1.3030.

For myself, as i'm not full time trader, but as i indicated in my last post, it was a free trade for me. No loss, but looks like my calculation of time begin to be better. I have to accurate more my strategy.

Wish to all good trading.
No Signal, No Trade. No fundamenals, No headache.
  • #273,313
  • Jul 20, 2010 7:55am Jul 20, 2010 7:55am
Quoting No Stress
AS EXPECTED, bear has began today. It failed to go to 1.31 and went south from 1.3030.

For myself, as i'm not full time trader, but as i indicated in my last post, it was a free trade for me. No loss, but looks like my calculation of time begin to be better. I have to accurate more my strategy.

Wish to all good trading.
I like your sign - no patience = no trading...
  • #273,314
  • Jul 20, 2010 7:56am Jul 20, 2010 7:56am
Quoting Trading Cat
have not been trading lately.
here € and GBP.

Will be looking for a short closer to 2900 2882
How do you get to Sostratos..?

I've tried and no joy.

Thanks!
  • #273,315
  • Jul 20, 2010 7:57am Jul 20, 2010 7:57am
Quoting SunTrader
Ohh scary, you know how strong "yt ellow" trendlines can be. Especially ones that just jut out of the left side of a chart from unknown parts.
Yo ..Pro ...

Would you happend to saw the same chart in 1HR TF. I suggest you have a good look at that one.
Attached Image (click to enlarge)
Click to Enlarge Name: eu15121.gif Size: 21 KB
Fools Rushing
  • #273,316
  • Jul 20, 2010 8:01am Jul 20, 2010 8:01am
Quoting EasyTrader
News Trading @ 09:00 EDT for all those crazy news traders .... LIKE ME!

Attachment

If the news actual is 0.25 higher than the forecast (1.0 +) YOU SELL LIKE MAD.

If the news actual is 0.25 lower than the forecast (0.5 -) YOU BUY LIKE MAD.

Good luck

NO TRADE... Ah well! Next time...
  • #273,317
  • Jul 20, 2010 8:01am Jul 20, 2010 8:01am
don't give up
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No crystal ball. I read the cards.
  • #273,318
  • Jul 20, 2010 8:13am Jul 20, 2010 8:13am
What a dodge! false move & closed all shorts ,with profit though ,took some loss longing ! ok , the diamond apparently worked well & this failure bull should pay more than expected usually . 136 pips below reaction low 1.2870 .
so shorted to see what next ?
fontu
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #273,319
  • Jul 20, 2010 8:23am Jul 20, 2010 8:23am
looks like we have some support around 1.2830 for the 38.2% retrace on the 1h chart
  • #273,320
  • Jul 20, 2010 8:27am Jul 20, 2010 8:27am
Quoting fontu
What a dodge! false move & closed all shorts ,with profit though ,took some loss longing ! ok , the diamond apparently worked well & this failure bull should pay more than expected usually . 136 pips below reaction low 1.2870 .
so shorted to see what next ?
fontu
Hi bro,

Take care, when trend looks like to change, even timing is indicating that, means big turbulence in one direction or an other.

Take care.
No Signal, No Trade. No fundamenals, No headache.
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