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  • #280,721
  • Aug 12, 2010 1:47am Aug 12, 2010 1:47am
Quoting gatorinla
dont give it back,,, sl can be just above 2912.. we got a new u tl now
okay, will do
  • #280,722
  • Aug 12, 2010 1:47am Aug 12, 2010 1:47am
Quoting Vladimir1987
well tl broken... waiting to drop, but it looks like it dont want to fall...

ill leave it alone and going for a coffee see u...
I see 80 is lower TL in 5m chart.

Waiting for bear back
You cannot learn better without losing
  • #280,723
  • Aug 12, 2010 1:48am Aug 12, 2010 1:48am
Quoting A-lonetrader
The level i'm watching is 1,2940....and/ or 1.2955 ....
BTW, what coin that has level number 1.2940 that you're using....?...
I'll toss it soon, heads we go down, tails we go up
COT: The precious data ignored
  • #280,724
  • Aug 12, 2010 1:49am Aug 12, 2010 1:49am
Waiting for this Pair to continue it's decline in the very short term.

It has made such a strong run of late a correction was in order. Overall I believe this pair still has tremendous upside potential so I will wait for this retracement to find its low, wait a bit and then go Long again.
  • #280,725
  • Aug 12, 2010 1:49am Aug 12, 2010 1:49am
Quoting rajesh68
can u please explain this in simple language?
oh I just meant that Gators posting earlier of 2918/49 plus 15M signals going off, i figured we'd break the TL this time. we are bouncing atm though and I am now at BE...my UJ long has been triggered on the break of the daily PB. that pair has been kicking my butt this week
  • #280,726
  • Aug 12, 2010 1:52am Aug 12, 2010 1:52am
Quoting forexings
3rd sell hit SL. sl was BE
As i suspected, H4 200ma provides support.
Same but normally I put +0.5 to 1pip to slippage protection on SL.
  • #280,727
  • Aug 12, 2010 1:52am Aug 12, 2010 1:52am
Quoting forexings
I see 80 is lower TL in 5m chart.

Waiting for bear back
i see it now its respecting the wick... its time to close will wait for the close of 5 min
  • #280,728
  • Aug 12, 2010 1:53am Aug 12, 2010 1:53am
Quoting uraceulose
oh I just meant that Gators posting earlier of 2918/49 plus 15M signals going off, i figured we'd break the TL this time. we are bouncing atm though and I am now at BE...my UJ long has been triggered on the break of the daily PB. that pair has been kicking my butt this week

Thanks
  • #280,729
  • Aug 12, 2010 1:54am Aug 12, 2010 1:54am
Quoting uraceulose
okay, will do
we got a rounding bottom on the 15.
those who can, do. those who cant, talk about those who can
  • #280,730
  • Aug 12, 2010 1:57am Aug 12, 2010 1:57am
Quoting billymoney
Same but normally I put +0.5 to 1pip to slippage protection on SL.
Great, something is better than nothing
You cannot learn better without losing
  • #280,731
  • Aug 12, 2010 2:02am Aug 12, 2010 2:02am
Haven't been here in a while....here's my current technical analysis.
The Eur/Usd broke a whole lot of support levels during its recent downturn. None of those have been tested as resistance yet. The first level is the area around 1.29850 since it was an area of consolidation in the upwards move last week. Not only that but it was proven to be a support area when retested in the uptrend last week.

Before we get there though...we are in a mega downtrend within a very narrow range. This downtrend needs to break to the upside before any serious bull consideration and if there is no break.....a retest of the lower wall of the downtrend should occur which was also a strong support level last week during the uptrend.

All at the moment suggests consolidation. Which direction is unknown as long as we are still within the downtrend. Still...I personally am bullish until at least that first resistance level before a continuation of the downtrend sometime next week.

Attached Image (click to enlarge)
Click to Enlarge Name: boom1.jpg Size: 80 KB


On the 5min chart we already broke the downtrend to the upside

Good pippin all
Attached Image (click to enlarge)
Click to Enlarge Name: boom.jpg Size: 76 KB
Different opinions highly valued, ignorant to slander.
  • #280,732
  • Aug 12, 2010 2:04am Aug 12, 2010 2:04am
Quoting gatorinla
we got a rounding bottom on the 15.
2949, 2950ish or 3000...what's it gonna be? or the red TL lets go and we head to S1 edit:2983 too
Attached Image (click to enlarge)
Click to Enlarge Name: new11.gif Size: 63 KB
  • #280,733
  • Aug 12, 2010 2:05am Aug 12, 2010 2:05am
wtf! it was a fake drop good thing i closed my trade with a 70 pips profit
  • #280,734
  • Aug 12, 2010 2:05am Aug 12, 2010 2:05am
Looks like some shorts are coming out here...
Attached Image (click to enlarge)
Click to Enlarge Name: chart1.gif Size: 17 KB
Look Sharp/Trade Tight
  • #280,735
  • Aug 12, 2010 2:06am Aug 12, 2010 2:06am
Quoting uraceulose
okay, will do
out for +1. uj long going to be now
  • #280,736
  • Aug 12, 2010 2:08am Aug 12, 2010 2:08am
Hi Psiholog, very pleased to see you back !

Thanks for your analysis.
  • #280,737
  • Aug 12, 2010 2:09am Aug 12, 2010 2:09am
Quoting psiholog
Haven't been here in a while....here's my current technical analysis.
The Eur/Usd broke a whole lot of support levels during its recent downturn. None of those have been tested as resistance yet. The first level is the area around 1.29850 since it was an area of consolidation in the upwards move last week. Not only that but it was proven to be a support area when retested in the uptrend last week.

Before we get there though...we are in a mega downtrend within a very narrow range. This downtrend needs to break to the upside before any serious bull...
Good to see you here.
Not all sins are created equal
  • #280,738
  • Aug 12, 2010 2:11am Aug 12, 2010 2:11am
wonder how much steam she can gather thru 25/30?
Look Sharp/Trade Tight
  • #280,739
  • Aug 12, 2010 2:11am Aug 12, 2010 2:11am
Quoting Jay Walker
Good to see you here.
Whoa Jay. Whats up old buddy who is a nationality of unknown origin and a name long forgotten whose words can never be interpreted as fact. Hows your trading going?
Different opinions highly valued, ignorant to slander.
  • #280,740
  • Aug 12, 2010 2:13am Aug 12, 2010 2:13am
Quoting kuroro001
I'll toss it soon, heads we go down, tails we go up
or maybe after the head breaks the 2844 again......., just maybe....
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