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  • #2,441
  • Edited 7:18am Sep 5, 2011 7:07am | Edited 7:18am
Quoting stulic
A bit of a rejection at 1.1083 EUR/CHF also bounce off TL. Trying long 1.1092 SL: BE TP managed manually.
need to be carefull with this one..trendline should form resistance..very bearish

1hr time frame has a pin of the monthly high of the monthly pin..worth a scalp as it should form support there for a while..but needs a better PA rejecting downside

just my 2 cents

i would suspect a test of previous monthly low b4 monthly pin

I love the scalp u had thou..played the long right into the area that needs testing
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  • #2,442
  • Sep 5, 2011 7:15am Sep 5, 2011 7:15am
No profit taking yet. Bears are still holding the shorts. And even without a single trace of a retracement.

Every trend has a retracement. Daily chart is begging for it.
  • #2,443
  • Sep 5, 2011 7:19am Sep 5, 2011 7:19am
Quoting T@rantula
No profit taking yet. Bears are still holding the shorts. And even without a single trace of a retracement.

Every trend has a retracement. Daily chart is begging for it.
it might bounce for a few ,,,if 4120 holds


aligator
born to speculate
  • #2,444
  • Sep 5, 2011 7:22am Sep 5, 2011 7:22am
E: 4125
S: 4095
TP: 4205 ( or manual close)

Lets see.
  • #2,445
  • Sep 5, 2011 7:23am Sep 5, 2011 7:23am
Did not take the long - Just realizes we got a LL (very difficult to spot with this new trading platform).
I may as well stay flat until tomorrow

Quoting BrunargarFx
Given it's a bank holiday in the US, I agree. We have probably seen a low for today at 1.41x. I would have prefered it to go lower today to be honest (so that I would have a better level to place a long). Planning to go long on break of 1.4125 S/R - this is counter trade atm so I'm going to scalp and add if there is any momentum building up.
SL: 1.4105 (moving quickly to BE)
Target 1: 1.423 so within your 1.422 - 1.425 area
Over the weekend my broker has changed the whole platform. I have to reset all my graphs and strategies. A pain in the neck...
  • #2,446
  • Sep 5, 2011 7:27am Sep 5, 2011 7:27am
Quoting aligater
it might bounce for a few ,,,if 4120 holds


aligator
4140 in sight..
born to speculate
  • #2,447
  • Sep 5, 2011 7:36am Sep 5, 2011 7:36am
Quoting T@rantula
No profit taking yet. Bears are still holding the shorts. And even without a single trace of a retracement.

Every trend has a retracement. Daily chart is begging for it.
I said it before some days
Quoting egkid
There is Huge sell going in every top
5 positions In Play from 4370
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  • #2,448
  • Sep 5, 2011 7:47am Sep 5, 2011 7:47am
Quoting nAVIN2007
need to be carefull with this one..trendline should form resistance..very bearish

1hr time frame has a pin of the monthly high of the monthly pin..worth a scalp as it should form support there for a while..but needs a better PA rejecting downside

just my 2 cents

i would suspect a test of previous monthly low b4 monthly pin

I love the scalp u had thou..played the long right into the area that needs testing
Thx you're right, hoped for a bit more then 30 pips but broke even +5 in the end.
Green TL indeed turned resistance.
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Don't get mad, get even!
  • #2,449
  • Sep 5, 2011 7:54am Sep 5, 2011 7:54am
Quoting stulic
Thx you're right, hoped for a bit more then 30 pips but broke even +5 in the end.
Green TL indeed turned resistance.

good stuff bro
  • #2,450
  • Sep 5, 2011 8:04am Sep 5, 2011 8:04am
4120 broke
born to speculate
  • #2,451
  • Sep 5, 2011 8:07am Sep 5, 2011 8:07am
Under pressure again ...

Lowest been 1.4101 until now ...

This area must hold otherwise outlook for corrective upside not that funny anymore ...

Cross of below 1.4090 will give 1.4053 very easily then ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #2,452
  • Sep 5, 2011 8:24am Sep 5, 2011 8:24am
Quoting mercy seat
Under pressure again ...

Lowest been 1.4101 until now ...

This area must hold otherwise outlook for corrective upside not that funny anymore ...

Cross of below 1.4090 will give 1.4053 very easily then ...



;-|

1.40 will be a reversal
euro strength is very weak till that area..then it will gain

there i will take a long..there some confluence there..
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  • #2,453
  • Sep 5, 2011 8:27am Sep 5, 2011 8:27am
Quoting mercy seat
Under pressure again ...

Lowest been 1.4101 until now ...

This area must hold otherwise outlook for corrective upside not that funny anymore ...

Cross of below 1.4090 will give 1.4053 very easily then ...



;-|
If the 200 day EMA (blue) doesn't provide some bulls, the 800 might (red)

I've taken a medium size short position here @4127
SL 4176
TP 3990
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Don't get mad, get even!
  • #2,454
  • Sep 5, 2011 8:36am Sep 5, 2011 8:36am
Aussie plummeting further too, just hit me 200 pips since Friday in what now officially looks like proper long term trend reversal.

Let alone our Kabeli
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  • #2,455
  • Sep 5, 2011 8:49am Sep 5, 2011 8:49am
Quoting T@rantula
E: 4125
S: 4095
TP: 4205 ( or manual close)

Lets see.
-30
  • #2,456
  • Sep 5, 2011 8:49am Sep 5, 2011 8:49am
Just to cash in on retracements, long scalp 1.1026 closed +22
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  • #2,457
  • Sep 5, 2011 8:53am Sep 5, 2011 8:53am
This thing goes through all supports as if they weren't there... crazy
  • #2,458
  • Sep 5, 2011 8:53am Sep 5, 2011 8:53am
I have 1.40 on the cards now...

Quoting BrunargarFx
This thing goes through all supports as if they weren't there... crazy
  • #2,459
  • Sep 5, 2011 8:57am Sep 5, 2011 8:57am
Quoting BrunargarFx
This thing goes through all supports as if they weren't there... crazy
It means indeed they weren't there at all.
Don't get mad, get even!
  • #2,460
  • Sep 5, 2011 9:02am Sep 5, 2011 9:02am
Quoting stulic
It means indeed they weren't there at all.
Quoting BrunargarFx
This thing goes through all supports as if they weren't there... crazy

US holiday, no banks to defend it.
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