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  • #547,601
  • Oct 6, 2011 10:39am Oct 6, 2011 10:39am
Meanwhile, i iam back from a pretty tough leg workout. How refreshing that can be, when the mind is so tense and the eyes hurt from the screen time. I even got into pretty heavy rainfall on my bike, but that was a rather nice experience if you like nature.

Glad my long is coming along nicely, took it shortly b4 the end of Jean-Claude's press conference, in assumption the sentiment on that pair will resume it's intermediate direction.

TP
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  • #547,602
  • Oct 6, 2011 10:42am Oct 6, 2011 10:42am
Quoting $maker
im short at 3417
this is my DAILY R level
if it doesnt come below this in a couple of hours.. im gonna book the loss
profit and loss ...name of the game
  • #547,603
  • Oct 6, 2011 10:42am Oct 6, 2011 10:42am
Quoting $maker
im short at 3417
this is my DAILY R level
if it doesnt come below this in a couple of hours.. im gonna book the loss
Under 1.3350 within the next 2h20 min to cancel out the previous 4h candle, That`s my 2 cents, then bears will be back in control.
Also USDX is at 50 fib on last big upswing, likely to be respected.
Hope this is the last upmove, before USD makes a strong comeback. Building bearish candles on EU, and GU, 50 fib USDX, had a strong move so far today. Many factors leaning towards a bear move.
  • #547,604
  • Oct 6, 2011 10:43am Oct 6, 2011 10:43am
Hehe, very nice TA from your kid Piporro, just can't start trading soon enough.

Quoting Piporro
Hi all hope all in green, yesterday while i was taking my brake i let my kid take a look as i always, hes 9 a natural so this time he comes to me and says papa i found a star in forex check it out 1st chart from last night second this morning 3rd actual

Regards

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sorry dont ask for resize have deals with that
  • #547,605
  • Oct 6, 2011 10:43am Oct 6, 2011 10:43am
Quoting Forbes55
went short @ 1.3400 and I'm NOT happy with it...
you might be able to get out @ be or even small profit.. a retrace should be due to 3380...
  • #547,606
  • Oct 6, 2011 10:47am Oct 6, 2011 10:47am
Huge 4 Hr bullish outside bar forming, encompassing the last 11 4 hr bars.
Yay! Pips for everyone!
  • #547,607
  • Oct 6, 2011 10:50am Oct 6, 2011 10:50am
Quoting Pipsforall
Huge 4 Hr bullish outside bar forming, encompassing the last 11 4 hr bars.
2 hours til that closes, can just as well be a Bearish 4h candle forming to clear out the previous bull 4h candle, if you look at 1h / 30min candles, its more likely to be a bearish 4h candle forming.
  • #547,608
  • Oct 6, 2011 10:50am Oct 6, 2011 10:50am
Quoting Forbes55
went short @ 1.3400 and I'm NOT happy with it...
It will drop to 3370.

NO MORE! (this time)
Use me as a contrarian indicator
  • #547,609
  • Oct 6, 2011 10:51am Oct 6, 2011 10:51am
The break of the 3390 region is not a false break, this pair will be on its way to the 3500/3600 region, and buying at dips would be a better choice:

http://www.forexfactory.com/showthre...86#post5018586
  • #547,610
  • Oct 6, 2011 10:51am Oct 6, 2011 10:51am
Quoting kbmoonshinex
same TP 3420
ye fat today ^^ , i was hopping to sell also today around 3445+ but c'est la vie u cant take em all ;D ....good trade bro very fat & fast
  • #547,611
  • Oct 6, 2011 10:51am Oct 6, 2011 10:51am
shorting?..not now for me at least in the moment I have on all timeframes till 1 hour uptrend continue,perhaps it will make short down move but the main shorttrend will be to the upperside at least for today I think
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" Accepting losses is the most important single investment devise "
  • #547,612
  • Oct 6, 2011 10:52am Oct 6, 2011 10:52am
It's time to leave bulls for reach 1.3500 then sell with about 1.3300
  • #547,613
  • Oct 6, 2011 10:52am Oct 6, 2011 10:52am
Quoting Sunsi
2 hours til that closes, can just as well be a Bearish 4h candle forming to clear out the previous bull 4h candle, if you look at 1h / 30min candles, its more likely to be a bearish 4h candle forming.
With my broker, it closes at noon, and its going to be a big, big bullish outside bar.
Yay! Pips for everyone!
  • #547,614
  • Oct 6, 2011 10:52am Oct 6, 2011 10:52am
Quoting mrbandwidth
It will drop to 3370.

NO MORE! (this time)
buying at 3336 ...wont touch it before we are out of nomans land
  • #547,615
  • Oct 6, 2011 10:53am Oct 6, 2011 10:53am
Sorry to be such a Grinch, but it's just extremely risky to go short while price is rising so strong. To risky to be profitable in the long run. Even if the long term trend is bearish. And more so since nobody seems to exactly understands the reason for the current up-move.

Quoting Jackthepiper
I understand what you are saying but that isnt true for all. look at my previous post, at the moment im in the negative but i give good reason why I went short, the pair rally 200 pips going long before a pull is the risky trade at the moment because now there is more downside risk. and in the case im wrong i wont say i took profit at 3400... entered at 3398 so id still be losing. from my understanding trading profitably in the long run depends on being able to accurately determine the next move before the crowd, hence why people short...
  • #547,616
  • Oct 6, 2011 10:55am Oct 6, 2011 10:55am
Quoting Pipsforall
Huge 4 Hr bullish outside bar forming, encompassing the last 11 4 hr bars.
you're right, not for short term but for long term very possible
" Accepting losses is the most important single investment devise "
  • #547,617
  • Oct 6, 2011 10:57am Oct 6, 2011 10:57am
Quoting Forbes55
went short @ 1.3400 and I'm NOT happy with it...
(2)
Let us be green
  • #547,618
  • Oct 6, 2011 11:00am Oct 6, 2011 11:00am
Quoting Kambooj
The break of the 3390 region is not a false break, this pair will be on its way to the 3500/3600 region, and buying at dips would be a better choice:

http://www.forexfactory.com/showthre...86#post5018586
Too early to say this ...

Currently this move is corrective in nature ... even though some of you might be surprised by that wave ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #547,619
  • Oct 6, 2011 11:04am Oct 6, 2011 11:04am
Quoting mercy seat
Too early to say this ...

Currently this move is corrective in nature ... even though some of you might be surprised by that wave ...



;-|
I agree, corrective to the 1.36 to 1.37 and maybe 1.38 area. Then the true trend will define itself, I still think it will be bearish.
Yay! Pips for everyone!
  • #547,620
  • Oct 6, 2011 11:08am Oct 6, 2011 11:08am
Quoting Pipwanderer
profit and loss ...name of the game
SL moved to BE, Target open while im watching.. hoping it breaks 34
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