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  • #308,481
  • Oct 18, 2010 3:34am Oct 18, 2010 3:34am
Quoting Z3iz3i
1.3770 would be trend changeing point if gets broken.

Not much buying now, just shorting
It could be, but we need to see it yet. m15 is trending all other TFs are not trending at the moment.
  • #308,482
  • Oct 18, 2010 3:35am Oct 18, 2010 3:35am
i'm also short on this pair, but i'm curious what stop loss you bears are using? i've gone for 1.3886 for now but i might move it to 1.3901...
  • #308,483
  • Oct 18, 2010 3:35am Oct 18, 2010 3:35am
Bears, watch out for the pinbar forming on the 1hour. I smell a reversal.
  • #308,484
  • Oct 18, 2010 3:39am Oct 18, 2010 3:39am
Quoting Vladimir1987
we hit the zone...

1h doesn't look good for shorts right now ill wait how it forms and then act... for now bulls look good but everything can change in 25 min
Don`t be to surpreised if this PA turns into a bear flag
  • #308,485
  • Oct 18, 2010 3:45am Oct 18, 2010 3:45am
Quoting DMA Trader
yeah you know what they say.
it's not the waves it's the one who counts them


OK, what do they speak to you? :-)
  • #308,486
  • Oct 18, 2010 3:47am Oct 18, 2010 3:47am
This is moving up with zero buying volume surely it has to come down fast now.

If so its sucking in retail buyers for the drop
making green pips large and red pips small this is my goal.
  • #308,487
  • Oct 18, 2010 3:51am Oct 18, 2010 3:51am
Bull are gaining a little momentum managed to clear all the bears
  • #308,488
  • Oct 18, 2010 3:55am Oct 18, 2010 3:55am
im open to ether side, just noticed the one hour candle which favors bulls for now...

im not long or short for now will wait for an entry if occurs..
  • #308,489
  • Oct 18, 2010 3:58am Oct 18, 2010 3:58am
Quoting xirdneH_imiJ
i'm also short on this pair, but i'm curious what stop loss you bears are using? i've gone for 1.3886 for now but i might move it to 1.3901...
13901 would give you a bit more flexibility against spikes, but don't move your sl to the point where you will take a huge loss, lol
  • #308,490
  • Oct 18, 2010 4:00am Oct 18, 2010 4:00am
sh 869 tp 780, get with the flow instead and see if I can't post some green pips for the day...

looking to reverse position at 770-780
  • #308,491
  • Oct 18, 2010 4:01am Oct 18, 2010 4:01am
Quoting paul1
This is moving up with zero buying volume surely it has to come down fast now.

If so its sucking in retail buyers for the drop
Hi Paul, I'm keeping a close eye on USDX and Gold; the former going down and the latter moving sharply up to pull E/U down some more
  • #308,492
  • Oct 18, 2010 4:01am Oct 18, 2010 4:01am
bears have started showing up signs of weakness.price may see 1.3950 level before visiting 1.3800 level.we have already seen a fall of more than 300 pips without significant pull back.i would not be amazed at price closing between 1.3950-14000 today.i knw my pridiction is against most of the traders here bt this is wot my study tells me.gud luck boys
OPPORTUNITY LIES WHERE THE MAJORITY IS AFRAID TO GO....
  • #308,493
  • Oct 18, 2010 4:03am Oct 18, 2010 4:03am
a bit over 3900 looks like a logical level to me and is still within my money management, so i've moved my stop loss, targeting 3795 as tp1...
  • #308,494
  • Oct 18, 2010 4:04am Oct 18, 2010 4:04am
All I can say is free money ! it is trending nicely!
  • #308,495
  • Oct 18, 2010 4:06am Oct 18, 2010 4:06am
this hour is crucial.a close above 1.3900 would change everything on the other hand a close below 1.3820 would take us further down.
OPPORTUNITY LIES WHERE THE MAJORITY IS AFRAID TO GO....
  • #308,496
  • Oct 18, 2010 4:11am Oct 18, 2010 4:11am
Quoting Lorna
Hi Paul, I'm keeping a close eye on USDX and Gold; the former going down and the latter moving sharply up to pull E/U down some more
Hi lorna I have buy sell volume and this has moved up 40 pips with nearly no buy volume.
from what i read that says small traders buying .

see what happens lorna i am still learning

Also the gb spending cuts may help the move down this week
making green pips large and red pips small this is my goal.
  • #308,497
  • Oct 18, 2010 4:13am Oct 18, 2010 4:13am
Quoting roxen99
this hour is crucial.a close above 1.3900 would change everything on the other hand a close below 1.3820 would take us further down.
If close above 3910 only consider bull trigger. Now still bear in control. imho

Btw , if UChf below 9612 , eu only safe for bull run
  • #308,498
  • Oct 18, 2010 4:15am Oct 18, 2010 4:15am
Quoting paul1
Hi lorna I have buy sell volume and this has moved up 40 pips with nearly no buy volume.
from what i read that says small traders buying .

see what happens lorna i am still learning

Also the gb spending cuts may help the move down this week
wise traders are always in small quantity
OPPORTUNITY LIES WHERE THE MAJORITY IS AFRAID TO GO....
  • #308,499
  • Oct 18, 2010 4:15am Oct 18, 2010 4:15am
Quoting FibbinArchie
sh 869 tp 780, get with the flow instead and see if I can't post some green pips for the day...

looking to reverse position at 770-780
scratched at b/e
  • #308,500
  • Oct 18, 2010 4:17am Oct 18, 2010 4:17am
1.3896 bear defense up from there bulls i believe...

guess a good short at that area but ill wait for confirmation
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