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  • #2,341
  • Sep 1, 2011 3:13am Sep 1, 2011 3:13am
Time to buy I reckon.
First long 4296 SL 4278 which will be next long attempt if broken.
Attached Image (click to enlarge)
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Don't get mad, get even!
  • #2,342
  • Edited 4:08am Sep 1, 2011 3:21am | Edited 4:08am
long 43000 (would have prefered 42900, just too slow)
sl 42750
tp1 4340
tp2 open

reason mml 0/8 on h1
move away from s2
stoch slow and fast oversold on m5 m15; h1(only slow)

stopped out -25
  • #2,343
  • Sep 1, 2011 3:28am Sep 1, 2011 3:28am
Hi Stulic,
Well played.
I'm looking at buying the low too. Upward correction is way overdue now. I missed buying on S2...

I have a pending order long at 1.4385 with SL 1.4265. My S2 is at 1.4391 so may be we will not visit 1.4382 (hopefully - then I'll wait for confirmation to go long)
I had put a pending order short at 1.4450 overnight (just in case) and let it run when it triggered this morning. Closed it too early as I wasn't expecting us to go beyond 1.432 really...
Green pip in your trade!

Quoting stulic
Time to buy I reckon.
First long 4296 SL 4278 which will be next long attempt if broken.
  • #2,344
  • Sep 1, 2011 3:42am Sep 1, 2011 3:42am
Long triggered.

I have 1.425x as ultimate support but below 1.427 i would not buy anyway

Quoting BrunargarFx
Hi Stulic,
Well played.
I'm looking at buying the low too. Upward correction is way overdue now. I missed buying on S2...

I have a pending order long at 1.4385 with SL 1.4265. My S2 is at 1.4391 so may be we will not visit 1.4382 (hopefully - then I'll wait for confirmation to go long)
I had put a pending order short at 1.4450 overnight (just in case) and let it run when it triggered this morning. Closed it too early as I wasn't expecting us to go beyond 1.432 really...
Green pip in your trade!
  • #2,345
  • Sep 1, 2011 4:14am Sep 1, 2011 4:14am
Quoting BrunargarFx
Hi Stulic,
Well played.
I'm looking at buying the low too. Upward correction is way overdue now. I missed buying on S2...

I have a pending order long at 1.4385 with SL 1.4265. My S2 is at 1.4391 so may be we will not visit 1.4382 (hopefully - then I'll wait for confirmation to go long)
I had put a pending order short at 1.4450 overnight (just in case) and let it run when it triggered this morning. Closed it too early as I wasn't expecting us to go beyond 1.432 really...
Green pip in your trade!
Stopped out but bought lower 4271 and 4267 SL:4250 will not touch lower, don't like the overall sentiment today.
Watching gold closely, if Aussie slips too I'll be buying gold eyeing 1900 again.
Don't get mad, get even!
  • #2,346
  • Sep 1, 2011 4:19am Sep 1, 2011 4:19am
Gosh.
This thing went through all supports...
got stopped at 1.4265 -20 pips

Anyway, that was a good entry, can't win all the time. wonder what's cooking:

Is the market suddenly that bearish on EUR now or just repositionning for later in the day? I suspect that last move down would have taken a lot of stops (inlcuding mine haha)
  • #2,347
  • Edited 5:00am Sep 1, 2011 4:25am | Edited 5:00am
Quoting BrunargarFx
Is the market suddenly that bearish on EUR now or just repositionning for later in the day? I suspect that last move down would have taken a lot of stops (inlcuding mine haha)
or just a big extention of this down move. 4250 should hold.
my last entry before ny.

long 142650
sl 142470
tp1 s2(142850) 1/3 off the table
tp2 open

mml -1/8 on m5 m15 h1
stoch slow and fast oversold
  • #2,348
  • Sep 1, 2011 4:31am Sep 1, 2011 4:31am
Quoting mercy seat
Jawohl ... rrright ... we are at the beginning of september ...

A lot of ANGST is still to be observed there ...

EUR/USD SITU :

Still under pressure ... EUR/USD weakness still dominating as long as 1.4329 area not taken out and proven as being still a valid prop up zone ...


2011-08-31_23h15 - ZigZag + Pivot Survey _ EURUSD _ Rollover _ W-35

http://www.forexfactory.com/attachme...9&d=1314831861

As you can see ... TABLE shows a possible Elliott-Projection of 1.4277 in case of an extreme...

A REVERSO since 1.42652 ...

And not earlier ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #2,349
  • Sep 1, 2011 4:34am Sep 1, 2011 4:34am
Just realized that I had 1.4264 as minor H4 Support...
I should have put my SL below 1.426...

I am flat atm.

Still looking for long above 1.427 but I'll wait for confirmation first. Wil see if there are some profit taking after 11am.
  • #2,350
  • Sep 1, 2011 4:39am Sep 1, 2011 4:39am
Good Morning guys
  • #2,351
  • Edited 5:39am Sep 1, 2011 4:40am | Edited 5:39am
Hi guys,
This area we are now ( 1.4260 - 1.4280) is very good place to go long BUT mind please that if we break below 1.4260 - 1.4250 (wave 4 or c low on chart or purple line) we would be seriously exposed to test long term trend line somewhere @ 1.4100. If we break the trend line and close below 1.4055 then this IS validation of presented wave count with long term top @ 1.4550 as wave 5.
This means there is plenty of room down to 1.300 easy.

However, if 1.4250-1.4260 holds), then this is the end of wave 2 correction and then we will go up to 1.5200 to complete wave 5 blue and big wave C black.Attachment

Take it for what You want it,
Green pips,
Seb
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  • #2,352
  • Sep 1, 2011 4:43am Sep 1, 2011 4:43am
Quoting mercy seat
A REVERSO since 1.42652 ...

And not earlier ...



;-|
It's a fairly big sell-off, 4250-4270 should hold, if not it's a proper triangle breakout and it's going much lower ahead of NFP.
Also important to consider August was the fourth month in a row printing LH's.
Don't get mad, get even!
  • #2,353
  • Sep 1, 2011 4:51am Sep 1, 2011 4:51am
Thanks stulic and Flynch',
your posts corroborate my views.
this move down is out of fear. Iread there was a rumour yesterday about Greece leaving EZ that triggered the sell-off. May be a bit of bad data from the US will put things right...


Quoting stulic
It's a fairly big sell-off, 4250-4270 should hold, if not it's a proper triangle breakout and it's going much lower ahead of NFP.
Also important to consider August was the fourth month in a row printing LH's.
  • #2,354
  • Sep 1, 2011 4:52am Sep 1, 2011 4:52am
Quoting stulic
It's a fairly big sell-off, 4250-4270 should hold, if not it's a proper triangle breakout and it's going much lower ahead of NFP.
Also important to consider August was the fourth month in a row printing LH's.
sorry disturbing but on which timeframe you see this - monthly?
because when i take the daily - in my honest opinion - we failed printing lh
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  • #2,355
  • Sep 1, 2011 4:55am Sep 1, 2011 4:55am
Quoting stulic
It's a fairly big sell-off, 4250-4270 should hold, if not it's a proper triangle breakout and it's going much lower ahead of NFP.
Also important to consider August was the fourth month in a row printing LH's.
Yes ... you are right there ...

And thank you to all you other guys ... for your propper mind-set of participation here ...

Does not matter if always right or sometimes wrong ...

But seriousness in working within this beautiful LABORATORY that is what counts ...

Thanx ... as that is the true forexian spirit ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #2,356
  • Sep 1, 2011 5:07am Sep 1, 2011 5:07am
Quoting reloaded
sorry disturbing but on which timeframe you see this - monthly?
because when i take the daily - in my honest opinion - we failed printing lh
Of course monthly.
Attached Image (click to enlarge)
Click to Enlarge Name: eu01092.gif Size: 21 KB
Don't get mad, get even!
  • #2,357
  • Sep 1, 2011 5:10am Sep 1, 2011 5:10am
Quoting mercy seat
Yes ... you are right there ...

And thank you to all you other guys ... for your propper mind-set of participation here ...

Does not matter if always right or sometimes wrong ...

But seriousness in working within this beautiful LABORATORY that is what counts ...

Thanx ... as that is the true forexian spirit ...



;-|

Took some partial profit at 1.42891 in the time between as mostly ...

And re-loaded again some parts at 1.42781 ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #2,358
  • Sep 1, 2011 6:47am Sep 1, 2011 6:47am
1.4285 gave
I'm in long at 1.4386, TP1: 1.43, TP2 1.433 and TP3: 1.438
SL: manual, micro managing that one but will keep tight SL if retest of 1.4285...
  • #2,359
  • Sep 1, 2011 7:00am Sep 1, 2011 7:00am
stopped again -10
Quoting BrunargarFx
1.4285 gave
I'm in long at 1.4386, TP1: 1.43, TP2 1.433 and TP3: 1.438
SL: manual, micro managing that one but will keep tight SL if retest of 1.4285...
  • #2,360
  • Sep 1, 2011 7:18am Sep 1, 2011 7:18am
Triple top on USDX M15...
Dow and es nearly at DP
Daxslowly going back up...

With unemployment claims [edit: NFP] approaching it could go either way.
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