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  • #291,981
  • Sep 14, 2010 10:01am Sep 14, 2010 10:01am
Quoting ismail
the BULL it strong ..!!!!
will take us at list 1.3050 before 1st major retrecment.
I'd say 1.30-1.3062 would be a good selling area with TP 1.2939. Every strong move needs a retracement...
Murrey Math on every TF + Divergences on higher TFs
  • #291,982
  • Sep 14, 2010 10:03am Sep 14, 2010 10:03am
Quoting bad$ala
I move stops up and let profit run, i have doubts on US retail tomorrow.
IMO there would be no reason to go shopping if your unemployed. haha..
Its better to be safe than sorry
Nice if you kept your longs. Risk appetite is back for the moment if Thursdays Unemployment claims is lower than actual we could be in long trend.
  • #291,983
  • Sep 14, 2010 10:03am Sep 14, 2010 10:03am
Quoting malcolmb14
no offence but have you even looked at this weeks pa ?

all dips have been bought and 60 min is in solid uptend since last Thursday asia lows ..... so how comes you all pleased with yourself saying ..'see told ya sell on all rallies' ?

we stayed in range barely dropping off major resis 1.2880 on daily that is not really selling pressure....

anyway 1.3 and 1.3100 targets for now

Haha i said told yah, bcuz i quoted myself saying it was done at 1.2847 and on the way to 1.2890 a few hours ago!

As for the SELL ON RALLIES its an inside joke! With TW Lawrence. There was a guy who always used to post on this thread and he was from a big institutional firm, he always used to say sell on rallies and get it wrong!!
  • #291,984
  • Sep 14, 2010 10:04am Sep 14, 2010 10:04am
Well, I've reached my limit (-$5k), going to step out for a while and get back to guarantied profitable alternatives, such as work :nerd:, Good luck everyone!
  • #291,985
  • Sep 14, 2010 10:04am Sep 14, 2010 10:04am
Quoting grashid
http://www.forexfactory.com/showpost...stcount=288881

agreed as i was mentioned the same things since last couple of week..i am waiting for that moment but carefully look at weekly atm..no eu yet to me for the time being...
  • #291,986
  • Sep 14, 2010 10:05am Sep 14, 2010 10:05am
Quoting PIPMunch
Haha i said told yah, bcuz i quoted myself saying it was done at 1.2847 and on the way to 1.2890 a few hours ago!

As for the SELL ON RALLIES its an inside joke! With TW Lawrence. There was a guy who always used to post on this thread and he was from a big institutional firm, he always used to say sell on rallies and get it wrong!!
So don't forget to SELL ON RALLIES lol..
  • #291,987
  • Sep 14, 2010 10:06am Sep 14, 2010 10:06am
Quoting T@rantula
I wouldnt go short now...Look @ higher h4 TF...It stormed out the PP

Thank's for your advice.

If H4 isn't forming out a divergence, may be we could see the upper band of daily Bollinger around 1.33

If oil prices are ascending from 72 over 77$ why not wait that this worthless EUR will coming down, may be to hedge several positions at M15/M30?
Attached Image (click to enlarge)
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  • #291,988
  • Sep 14, 2010 10:09am Sep 14, 2010 10:09am
Quoting malcolmb14
no offence but have you even looked at this weeks pa ?

all dips have been bought and 60 min is in solid uptend since last Thursday asia lows ..... so how comes you all pleased with yourself saying ..'see told ya sell on all rallies' ?

we stayed in range barely dropping off major resis 1.2880 on daily that is not really selling pressure....

anyway 1.3 and 1.3100 targets for now
Exactly. I'm not sure why the majority of sentiment on this board has been negative the last two days. It's been on a hard uptrend.
  • #291,989
  • Sep 14, 2010 10:09am Sep 14, 2010 10:09am
Quoting PIPMunch
Haha i said told yah, bcuz i quoted myself saying it was done at 1.2847 and on the way to 1.2890 a few hours ago!

As for the SELL ON RALLIES its an inside joke! With TW Lawrence. There was a guy who always used to post on this thread and he was from a big institutional firm, he always used to say sell on rallies and get it wrong!!
lol .. in this market it is easy to get it wrong

sell on rallies get hit as eu rips up
buy on dips get hit as eu drops like rock

I was glad to see at least some form of movement today as I thought we maybe stuck in 60 pip range all week again ...lol
Blogging daily now at www.volume.zone
  • #291,990
  • Sep 14, 2010 10:11am Sep 14, 2010 10:11am
Quoting Mikispag
I'd say 1.30-1.3062 would be a good selling area with TP 1.2939. Every strong move needs a retracement...
I agree with you. You're probably looking at the 61.8 on a daily @ 1.3051? With a move like this, we should see a good retracement. The comment eariler regarding the USD weakness is more so EUR strenght...because look at the move on the EUR/JPY. I'm short just under the 61.8 exspecailly if it is just strenght on one side. Like an adreniline rush LOL.
  • #291,991
  • Sep 14, 2010 10:12am Sep 14, 2010 10:12am
short 1.2994
  • #291,992
  • Sep 14, 2010 10:15am Sep 14, 2010 10:15am
if 1.3505 doesn't bounce at least 400 pips, i quit. promised.
  • #291,993
  • Sep 14, 2010 10:15am Sep 14, 2010 10:15am
Quoting Mikispag
I'd say 1.30-1.3062 would be a good selling area with TP 1.2939. Every strong move needs a retracement...
If that is true, what is going on with aud/usd? Any ideas?
  • #291,994
  • Sep 14, 2010 10:15am Sep 14, 2010 10:15am
Quoting harigp
short 1.2994
Careful with this one, This week is option expiry, theres lots of them above 1.3000
  • #291,995
  • Sep 14, 2010 10:16am Sep 14, 2010 10:16am
Plz have a look, i guess 1.304X area will be better to go short what you think plz let me know ........ Everything going nut today...........
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  • #291,996
  • Sep 14, 2010 10:16am Sep 14, 2010 10:16am
Not a good idea to short here. EURO is gaining momentum this train might not stop till 1.33/1.35
  • #291,997
  • Sep 14, 2010 10:17am Sep 14, 2010 10:17am
well that was the pump and here comes the DUMP..
  • #291,998
  • Sep 14, 2010 10:18am Sep 14, 2010 10:18am
That's cool. Maybe you could put a in there to let us in on the joke.
Quoting PIPMunch
Haha i said told yah, bcuz i quoted myself saying it was done at 1.2847 and on the way to 1.2890 a few hours ago!

As for the SELL ON RALLIES its an inside joke! With TW Lawrence. There was a guy who always used to post on this thread and he was from a big institutional firm, he always used to say sell on rallies and get it wrong!!
  • #291,999
  • Sep 14, 2010 10:19am Sep 14, 2010 10:19am
Quoting vinesh2
Not a good idea to short here. EURO is gaining momentum this train might not stop till 1.33/1.35
You realy think it will break 1.3 clean wth not even a little bounce to the downside?
  • #292,000
  • Sep 14, 2010 10:20am Sep 14, 2010 10:20am
took profit here.
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