EURUSD

Quoting gatorinla

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all i know it (3982 updated) is in the normal ma pa. anything above is out of it.. and we return back below normally... or at least it has every other single time since this pair has started. the highest ever above was 30% in 2008.. last week it was 20%... so 4082 is 10% and 4182 is 20% and 4282 is 30% the equivalent to 2008 1.6038 level ... so if we spike in the st pick a place... now if the move flattens as time goes on we can move up... but it will be flattish using the 11 year history as a benchmark.. the few times (8 times) we have passed these...

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Quoting leoforex

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I just wondering should I exit the trade on EUR/USD
The bars is so Hugh. earn 120pips so far. My target price is 1.40552

Should I exit the trade ?

http://preview.shareapic.net/preview7/023672700.gif

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Quoting leoforex

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I just wondering should I exit the trade on EUR/USD
The bars is so Hugh. earn 120pips so far. My target price is 1.40552

Should I exit the trade ?

http://preview.shareapic.net/preview7/023672700.gif

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Quoting FibbinArchie

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Interesting little range play since NY close, have looked on multiple time frames and tick volume is definitely stronger on the down bars.

ASSUMING this is indicating distribution, I wouldn't rule out the possibility of a stop catching spike prior to, or just at the start of Tokyo... It's what they did last night to bring it up...

Last night's spike went 15 to 20 pips past the day's low, also reports of stop clusters around the 4010 level...

Opinion only, DYOR

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Quoting pipper

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I'm bored

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Quoting Venice

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nice. lol

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Quoting Mr Hatch

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where do you get this information? who let's out these rumors? after the fact, it's quite easy to analyse the movement as a stop-hunt, veiling the real intention. but where the hell can one find those rumors?

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Quoting redsword11

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Attachment


need more PA for direction

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Quoting FibbinArchie

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You'd have to ask these guys www.forexlive.com, I just take them at face value which is perhaps questionable, although to me it would be a fairly obvious place to find retail stops...

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Quoting pipper

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If 15Min MA's continue on their path, i see more up in Asia

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Quoting pipper

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If 15Min MA's continue on their path, i see more up in Asia

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Quoting FibbinArchie

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You'd have to ask these guys www.forexlive.com, I just take them at face value which is perhaps questionable, although to me it would be a fairly obvious place to find retail stops...

Ps. apologies for not originally naming source of quote...

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Quoting Venice

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Agreed. Just gotta look to the major support or resistance levels for the stop targetting area. It's what blew this above 1.4 last time around.

I wouldn't be surprised to see some stops at 1.4 again too.

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Quoting Mr Hatch

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thanks. :-)

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Quoting Mr Hatch

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i was looking at h1 a few minutes ago, but couldn't find the name of the animal. a cobra possibly.

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