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  • #4,021
  • Oct 17, 2011 2:01am Oct 17, 2011 2:01am
Good morning all!

EU is looking as it is gonna touch 3920. Best option is to buy on pullbacks.

3843 is median point and only below 3816 we may see stronger bears.
  • #4,022
  • Oct 17, 2011 2:02am Oct 17, 2011 2:02am
Quoting donfriday
1.40 is where i am expecting for possible turn over..i hope the party to the down side begin very soon....this thing look like freee fall
Clear and concise.
  • #4,023
  • Oct 17, 2011 2:04am Oct 17, 2011 2:04am
Quoting t@rantula
good morning all!

Eu is looking as it is gonna touch 3920. Best option is to buy on pullbacks.

3843 is median point and only below 3816 we may see stronger bears.


best buy was in asia london boys will buy breakout of last week high on eu...kiss 1.4000...gj 125.25..gu 1..6000.
MY OPINION NOT FINANCIAL ADVISE
  • #4,024
  • Oct 17, 2011 2:16am Oct 17, 2011 2:16am
Quoting Raza
I have done all kinds of Calculations for E/U..

1.4011 is an important level...
Yes Raza, we may see that level pretty soon. EU is probably gonna try to push thru 3920-36. 4020 on my charts BIG resistance. Will post in a minute.
  • #4,025
  • Oct 17, 2011 2:18am Oct 17, 2011 2:18am
Quoting donfriday
best buy was in asia london boys will buy breakout of last week high on eu...kiss 1.4000...gj 125.25..gu 1..6000.
I have skipped Asia. Thats why pullback is needed.
  • #4,026
  • Edited 2:34am Oct 17, 2011 2:21am | Edited 2:34am
This is my view of main trend. This is not a weekly trading position. I bought a pullback on EU. Intraday trade.

E:3850
S:3825
TP:3920

4020 BIG resistance.


Attached Image (click to enlarge)
Click to Enlarge Name: euwe.jpg Size: 83 KB


Many touches indicate a strong s/r line.
  • #4,027
  • Oct 17, 2011 2:28am Oct 17, 2011 2:28am
Attached Image (click to enlarge)
Click to Enlarge Name: eu.png Size: 42 KB
  • #4,028
  • Oct 17, 2011 2:56am Oct 17, 2011 2:56am
Hi T.
Same here:
E: 385 on pullback, TP:1.394
SL: 1.382

Quoting T@rantula
This is my view of main trend. This is not a weekly trading position. I bought a pullback on EU. Intraday trade.

E:3850
S:3825
TP:3920

4020 BIG resistance.


Attachment

Many touches indicate a strong s/r line.
  • #4,029
  • Oct 17, 2011 2:59am Oct 17, 2011 2:59am
Quoting BrunargarFx
Hi T.
Same here:
E: 385 on pullback, TP:1.394
SL: 1.382


I will scale out 1/2 now. Rest on BE.
  • #4,030
  • Oct 17, 2011 3:22am Oct 17, 2011 3:22am

Quoting T@rantula


I will scale out 1/2 now. Rest on BE.
  • #4,031
  • Oct 17, 2011 3:28am Oct 17, 2011 3:28am
3897. Closing it now. +47 pips overall.
  • #4,032
  • Oct 17, 2011 3:57am Oct 17, 2011 3:57am
Why did I close earlier?

When price reaches close to 20s ( in this case 3920) but fails to touch it after it makes double top ( m5 chart) or it fails to touch/close on h1 m30 chart, we could see a pullback.

This is what is currently happening. Ofcourse if you trade full time you can exploit those pip losses on subsequent entries.

Remember: 20s and 80s are NATURAL s/r levels.
  • #4,033
  • Oct 17, 2011 4:06am Oct 17, 2011 4:06am
market look weak but higher tf showing direction..patience is what we need..
MY OPINION NOT FINANCIAL ADVISE
  • #4,034
  • Oct 17, 2011 4:07am Oct 17, 2011 4:07am
Quoting donfriday
market look weak but higher tf showing direction..patience is what we need..
Monday....
  • #4,035
  • Oct 17, 2011 4:30am Oct 17, 2011 4:30am
If we see another pullback to the upside, I may sell. Possible target 3820. We may have experienced momentum switch.
  • #4,036
  • Oct 17, 2011 4:36am Oct 17, 2011 4:36am
Quoting T@rantula
If we see another pullback to the upside, I may sell. Possible target 3820. We may have experienced momentum switch.
Was waiting for a pullback 3875-80. Missed this 1.
  • #4,037
  • Oct 17, 2011 4:43am Oct 17, 2011 4:43am
Hope you guys got into this short trade.
  • #4,038
  • Oct 17, 2011 4:48am Oct 17, 2011 4:48am
Quoting T@rantula
If we see another pullback to the upside, I may sell. Possible target 3820. We may have experienced momentum switch.
3880 was a valid sell. Price currently at 3845.
  • #4,039
  • Oct 17, 2011 4:53am Oct 17, 2011 4:53am
Yes you will need patience ...

We not ... as we did short it ... according to the TABLE (pullback near 1.3890 turing points) with an entry price (that is where we did start our trades) of 1.3886 ...

Covered and reversed it near DPP zone at 1.3832 again ...

Went back to 1.3894 ... we covered there ...

A REVERSO down again ... with limit orders since 1.3911 ... according to the TABLE survey ...

Covered them as well at 1.38619 now .... with a small twice amount REVERSO position ... those reversed again with a small 1.5 REVERSO position at 1.38696 ... and again at REVERSO long since 1.3858 etcetera pp ...

That way we got a jolly good recolte / harvest until now ...

Upside limited ... has been written there ... key-turning-points which we think should be focused has been mentioned there as well ...

Vulnerable for declines ... we did say as well ... therefore preferred strategy has been been a modus which is described with the PAROLE of "sell all those rallies" we can observe ... and try to be precise as possible ...

DAILY span has been aprox. 90 pips until now ... we have harvested much more this way ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #4,040
  • Oct 17, 2011 5:05am Oct 17, 2011 5:05am
Quoting T@rantula
If we see another pullback to the upside, I may sell. Possible target 3820. We may have experienced momentum switch.
Target almost reached. Need to put alarms next time as I dont want any potential good swing to be missed.
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