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EURUSD

  • #332,021
  • Nov 24, 2010 7:34am Nov 24, 2010 7:34am
Triple top on M1. Short term resistance.
  • #332,022
  • Nov 24, 2010 7:35am Nov 24, 2010 7:35am
Quoting fxvoilaaa
Ahhh, stupid server overload!
The numbers are next to meaningless imo unless it's like a massive discrepancy between actual and forecast on say NFPs, half the time the market head fakes and goes in the opposite direction anyway...
  • #332,023
  • Nov 24, 2010 7:36am Nov 24, 2010 7:36am
Quoting SamEnglish
I've got 3 longs at the moment that are 25pips up (that's 100% each). Should I close them and buy again, or let them run (SL is just below 1.33? Just asking, interested in your point of view...

Thanks.
I always advise scaling out, especially in news time. im still inclined to shorts.
  • #332,024
  • Nov 24, 2010 7:36am Nov 24, 2010 7:36am
Quoting fxvoilaaa
Ah, is that how it works?

LOL we will see my friend.
Know when to hold em, Know when to fold em!
  • #332,025
  • Nov 24, 2010 7:37am Nov 24, 2010 7:37am
Quoting fxvoilaaa
Triple top on M1. Short term resistance.
You must be crack constantly trading M1 with patterns. It's more like shooting on Jets with a bow.
  • #332,026
  • Nov 24, 2010 7:37am Nov 24, 2010 7:37am
K, you doing anything?
Look Sharp/Trade Tight
  • #332,027
  • Nov 24, 2010 7:37am Nov 24, 2010 7:37am
Looks like it's gonna break to the upside, but confirmation needed.
  • #332,028
  • Nov 24, 2010 7:38am Nov 24, 2010 7:38am
Quoting FibbinArchie
The numbers are next to meaningless imo unless it's like a massive discrepancy between actual and forecast on say NFPs, half the time the market head fakes and goes in the opposite direction anyway...
often there are knee jerk reactions the best answer is stand aside till the market digests it all
  • #332,029
  • Nov 24, 2010 7:38am Nov 24, 2010 7:38am
decisions, decisions...
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  • #332,030
  • Nov 24, 2010 7:38am Nov 24, 2010 7:38am
Quoting fxvoilaaa
Triple top on M1. Short term resistance.
Perfect reason to go higher then.
  • #332,031
  • Nov 24, 2010 7:39am Nov 24, 2010 7:39am
The reversed hourly candle (2 hours 40mn ago) wick is creating badass resistance. If this hour bulls can't get out of it...there won't be a lot of hope for them.
Otherwise they are heading for 1,3400 and above

EDIT : just when i wrote that bulls pushed price out of the resistance...will it hold ? dunno...but the fact it made new high is good

I should have long at the close of this hour (2 hours 40mn ago) but i didn't have internet anymore.
COT: The precious data ignored
  • #332,032
  • Nov 24, 2010 7:39am Nov 24, 2010 7:39am
Quoting FibbinArchie
The numbers are next to meaningless imo unless it's like a massive discrepancy between actual and forecast on say NFPs, half the time the market head fakes and goes in the opposite direction anyway...
I know, proper pisses me off when that happens. And it happens too often nowadays.
  • #332,033
  • Nov 24, 2010 7:39am Nov 24, 2010 7:39am
3417 in play
  • #332,034
  • Nov 24, 2010 7:40am Nov 24, 2010 7:40am
Quoting cloggie
Perfect reason to go higher then.
Exactly.
  • #332,035
  • Nov 24, 2010 7:40am Nov 24, 2010 7:40am
W shape on 15M would send the pair to 1.3461?
  • #332,036
  • Nov 24, 2010 7:40am Nov 24, 2010 7:40am
Quoting T@rantula
Above 3359 we could test 3400 levels. On the contrary 3250 is possible.
  • #332,037
  • Nov 24, 2010 7:41am Nov 24, 2010 7:41am
nice day
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  • #332,038
  • Nov 24, 2010 7:41am Nov 24, 2010 7:41am
Quoting cloggie
Perfect reason to go higher then.
Hence the reason why I mentioned "short term".
  • #332,039
  • Nov 24, 2010 7:42am Nov 24, 2010 7:42am
Quoting fxvoilaaa
Exactly.

First you call it resistance, and now you agree with me?

It takes all sorts.
  • #332,040
  • Nov 24, 2010 7:42am Nov 24, 2010 7:42am
Quoting druckenmillr
where did the bottom pickers go?

who's buying?

on the board Sir
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