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  • #465,641
  • Jun 17, 2011 1:46pm Jun 17, 2011 1:46pm
guys, isnt this just a normal retrace from the lows this doesnt look like an uptrend to me.
do some of you really think that the greece thing is resolved???
I am short from 4325 with sl at 4375 and tp1 4250 tp2 4125.
just from my plain point of view.
  • #465,642
  • Jun 17, 2011 1:47pm Jun 17, 2011 1:47pm
Quoting infinitus
LOL


Just understand the question :-)


Have to work hard to get the 900 pips, no better 901

Can not Cloggie leave alone in his richness :-)

hehe ^^
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #465,643
  • Jun 17, 2011 1:47pm Jun 17, 2011 1:47pm
Quoting TheGamer
Short for longer swing doesn't looks a good idea bro. Better wait for monday opening & after then take a valid trade. As of now it hasn't breached 1.4000 & the uptrend is on its move. Looks like the ECB guys tryin their best to maintain the level.
This looks to me as an important turnpoint, daily pullback is done @61.8, it should move to the downside targeting 4000 & more again next week.

but let's see what bullshit we get from greeks on the weekend.
  • #465,644
  • Jun 17, 2011 1:47pm Jun 17, 2011 1:47pm
god! im just so fat n stupid i cant trade!
  • #465,645
  • Jun 17, 2011 1:48pm Jun 17, 2011 1:48pm
Quoting Fly2
anyone like the Nzd/Usd? for a short? Think I'm going on that one
I'll trade on another chart after the day i learn EUR/USD. Started 4 months back & only watching EUR/USD chart. Sometimes i watch GBP/USD chart only to configure EUR/USD chart's movement, but only sometimes.
Hope
  • #465,646
  • Jun 17, 2011 1:48pm Jun 17, 2011 1:48pm
Hey Guys.
its nice to take short now
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  • #465,647
  • Jun 17, 2011 1:52pm Jun 17, 2011 1:52pm
Quoting reloaded
guys, isnt this just a normal retrace from the lows this doesnt look like an uptrend to me.
do some of you really think that the greece thing is resolved???
I am short from 4325 with sl at 4375 and tp1 4250 tp2 4125.
just from my plain point of view.
that is what i said 2 pages ago, 61.8 pullback,
target 1.38

http://www.forexfactory.com/showthre...76#post4703076
  • #465,648
  • Jun 17, 2011 1:54pm Jun 17, 2011 1:54pm
Quoting Fly2
anyone like the Nzd/Usd? for a short? Think I'm going on that one
i did last week when it closed at the exact top on the monthly chart... we will have another short opp soon.... im short from 8210... will just see what happens
  • #465,649
  • Jun 17, 2011 1:56pm Jun 17, 2011 1:56pm
Quoting prezd
that is what i said 2 pages ago, 61.8 pullback,
target 1.38

http://www.forexfactory.com/showthre...76#post4703076
sorry man, overread it. but good to hear i am not alone :-) .
what is the elite thinking?
  • #465,650
  • Jun 17, 2011 2:01pm Jun 17, 2011 2:01pm
Quoting reloaded
guys, isnt this just a normal retrace from the lows this doesnt look like an uptrend to me.
do some of you really think that the greece thing is resolved???
I am short from 4325 with sl at 4375 and tp1 4250 tp2 4125.
just from my plain point of view.
Hi Reload, advice never think in this market if PA is a normal retrace just follow the trend until it give you sign of change, you pick the top to sell not bad but sell confirmation have not come yet, patience is key are you will get burn at this point it is decision time in these zone so if you where not buying form earlier you waite trust me you will make good trades this way.Clue there might be a fall to reload on long in the comming week or today
Following the current trend
  • #465,651
  • Jun 17, 2011 2:04pm Jun 17, 2011 2:04pm
The fact that mr.mkt is still only 20 - 25 points below its intraday high is not a jolly nice genarator for bear ideas ...
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #465,652
  • Jun 17, 2011 2:10pm Jun 17, 2011 2:10pm
Quoting mercy seat
The fact that mr.mkt is still only 20 - 25 points below its intraday high is not a jolly nice genarator for bear ideas ...
pulling and pushing for a close over 1.4300
  • #465,653
  • Jun 17, 2011 2:11pm Jun 17, 2011 2:11pm
Quoting reloaded
guys, isnt this just a normal retrace from the lows
It is a retrace, and something I like to refer to as clearing the books. Inventory sold, being rebought, inventory that was bought is now being profited from...

A look at the charts and with the help of the ZigZag shows exactly what you are saying...

Now, here's the bitch of it...

Trends are on whatever timeframe you choose to trade, and at some point a new trend or reversal is created on the M1 charts...Do, we know that price will stop at this retrace?

No. Trading to this point was fairly profitable, and a stall here going into weekend market could just be that. Daily range averages 130-150, today was 212ish...so, we have hit the top of the ball, come into a retrace area and with London closed, lost some volume.

Speculatively, I took a short here, much the same as the area where I took my first longs...Will have my ass covered for the weekend but who knows what the balance of the day might bring. Had I been thinking, an easy TP of 50 shoulda been my goal, but whut the fuck, I will see what else might be on the table.

Good analysis my friend, keep em coming, and don't be afraid to ask questions in house...somebody is bound to give you an opinion and who knows where and when you find the next nugget.

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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #465,654
  • Jun 17, 2011 2:18pm Jun 17, 2011 2:18pm
sell limit triggered 4320
  • #465,655
  • Jun 17, 2011 2:18pm Jun 17, 2011 2:18pm
Moody sets Italys Aa2 rating on review for possible downgrad
  • #465,656
  • Jun 17, 2011 2:19pm Jun 17, 2011 2:19pm
Italy downgrade review by Moody's ...
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #465,657
  • Jun 17, 2011 2:20pm Jun 17, 2011 2:20pm
What the hell....timber
  • #465,658
  • Jun 17, 2011 2:21pm Jun 17, 2011 2:21pm
Quoting infinitus
Moody sets Italys Aa2 rating on review for possible downgrad
nice timing -- 1 or 2 hours before broker close
  • #465,659
  • Jun 17, 2011 2:21pm Jun 17, 2011 2:21pm
Quoting mercy seat
Italy downgrade review by Moody's ...
lovely, 40 mins before close ^_^ Closed shorts BE for nothing :-/ Oh well...
  • #465,660
  • Jun 17, 2011 2:23pm Jun 17, 2011 2:23pm
Quoting Pipwanderer
sell limit triggered 4320
closed for +40 nice weekend all
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