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  • #435,961
  • May 5, 2011 4:39am May 5, 2011 4:39am
Those favouring H&S - it actually isn't a perfectly formed H&S as base of right shoulder (point 2) didn't breech base of left (point 1) ie was not lower. A break of the neckline if played however would target 4668 ?

G/L
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ex member
  • #435,962
  • May 5, 2011 4:42am May 5, 2011 4:42am
USDJPY fast approaching 8000 again...
Look Sharp/Trade Tight
  • #435,963
  • May 5, 2011 4:43am May 5, 2011 4:43am
Quoting gatorinla
not closed yet,,, but could be a b/o in the making... lets c if we close below 108.4... atm low 107.98
who would of thunk
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those who can, do. those who cant, talk about those who can
  • #435,964
  • May 5, 2011 4:44am May 5, 2011 4:44am
Quoting PayTheLimit
Indeed. Seems like lots of cross currents this week. The silver selloff might have altered the mood. Oil and the AUD have also been on the move, along with some of the riskier crosses. I wonder if we will look back on this week down the road a bit and say...ah, thats when the big dogs shifted some big money around.
Maybe, but till tommorow the double touch option expiry 4750--4950
may still be defended ,i will be cautious at 4830ish and again at approaching 4750ish.
they can break anytime but tomorrow afternoon the defences may be removed leaving price to head were it wants.
making green pips large and red pips small this is my goal.
  • #435,965
  • May 5, 2011 4:47am May 5, 2011 4:47am
Quoting TzarPips
...i see 4890(thats entry for a short...but on the way down from abt 910)..then down to 4850(or 4848)...and back up to 920...but the evening news is meant to be intersting...i favour bear in the NY...

PS:..if it doesnt get up there...i'll just watch my old 850 and wait for a long (small scalp)...

Good pipping...
Guard your pips jelously
  • #435,966
  • May 5, 2011 4:50am May 5, 2011 4:50am
another buy..big red 1 H candle..good for bulls maybe..In L 4855 , looking support please.(or not)
  • #435,967
  • May 5, 2011 4:50am May 5, 2011 4:50am
Quoting gatorinla
who would of thunk
dam it i thought 108 will hold no regret
  • #435,968
  • May 5, 2011 4:51am May 5, 2011 4:51am
i'm waiting for my 5min setup to give another go at shorting
  • #435,969
  • May 5, 2011 4:53am May 5, 2011 4:53am
Quoting zaphy
Is anyone looking into the possibility of a BOJ/G7 intervention? The Japanese said they were happy around 85...and we are back near 80.0.
Nothing you can do about that. Anyway, looking at that level myself
  • #435,970
  • May 5, 2011 4:54am May 5, 2011 4:54am
a day close below 1506.55 in gold should be a b/o.. atm we are at 1506.35 below that level... 1492 was my first target.
those who can, do. those who cant, talk about those who can
  • #435,971
  • May 5, 2011 4:54am May 5, 2011 4:54am
Quoting Dat7447
another buy..big red 1 H candle..good for bulls maybe..
If you are intraday trading do not fight the 1 hour especially a large candle ,in fact enter on a retrace up it .,in the direction of the big one.If the next one manages to fill the first get out .Thats a pin bar on higher time frames ,a great sign for top or bottom.
making green pips large and red pips small this is my goal.
  • #435,972
  • May 5, 2011 4:54am May 5, 2011 4:54am
who wanna short ?
looking for investors . pm me
  • #435,973
  • May 5, 2011 4:54am May 5, 2011 4:54am
1hr bear engulfing pattern ..
  • #435,974
  • May 5, 2011 4:58am May 5, 2011 4:58am
Quoting kbmoonshinex
who wanna short ?
i do. but not just yet )
  • #435,975
  • May 5, 2011 4:58am May 5, 2011 4:58am
News in couple minutes traders !!
Dont get carried away .
making green pips large and red pips small this is my goal.
  • #435,976
  • May 5, 2011 4:58am May 5, 2011 4:58am
Quoting kbmoonshinex
who wanna short ?
10 bucks says there is blood all the way to 33...or even 816...in the next 2 hrs..
Guard your pips jelously
  • #435,977
  • May 5, 2011 4:59am May 5, 2011 4:59am
Why this is going to be happen????
4840???????????????????????????????????????
  • #435,978
  • May 5, 2011 5:00am May 5, 2011 5:00am
Quoting AcidH4X
1hr bear engulfing pattern ..
It has just closed and has bearishly engulfed last 5 x candle bodies on that 1hr t/f...a 'master bearish thrust engulfing' candle then....

G/L
ex member
  • #435,979
  • May 5, 2011 5:00am May 5, 2011 5:00am
Quoting kill56
dam it i thought 108 will hold no regret
looks like we close under 108.4 in 2m... gbp put on the brakes atm.. when it breaks.. we should slide.
those who can, do. those who cant, talk about those who can
  • #435,980
  • May 5, 2011 5:00am May 5, 2011 5:00am
Euro will up before rate decision one more time before the big drop. AUD, NZD, CAD and commodities are already reversing, GBP and EURO next.
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