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  • #4,601
  • Oct 24, 2011 4:19am Oct 24, 2011 4:19am
Quoting T@rantula
E:3846
S:3818
TP: open


Attachment
Scaling out +14 stops at BE
  • #4,602
  • Oct 24, 2011 4:24am Oct 24, 2011 4:24am
Quoting T@rantula
Scaling out +14 stops at BE
Be hit +14 on this trade. Will try another one if the price drops close to 3820
  • #4,603
  • Oct 24, 2011 4:31am Oct 24, 2011 4:31am
Textbook oldschool 50% fibo retracement entry.

Missed perfect entry last week around 5550 area, I see this pair around 5200 end of next week.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpaud24101.gif Size: 36 KB
Don't get mad, get even!
  • #4,604
  • Oct 24, 2011 4:32am Oct 24, 2011 4:32am
I see the european indexes have closed the "gap"

1.3849 is important level, I'm expecting a bounce from here (TP: 1.393), otherwise we will visit 1.382 (DP).

Quoting Raza
You guys still Bullish on this?
  • #4,605
  • Oct 24, 2011 4:33am Oct 24, 2011 4:33am
1.3866 was support..broke below....

ATM does not even look like it can go back to 1.39?

lets see..

4hr closing in half an hour.
Markets are not Random, they are designed!
  • #4,606
  • Oct 24, 2011 4:33am Oct 24, 2011 4:33am
PS: Short since 1.389, SL at BE now. just waiting to close and go long
  • #4,607
  • Oct 24, 2011 4:35am Oct 24, 2011 4:35am
Quoting BrunargarFx
I see the european indexes have closed the "gap"

1.3849 is important level, I'm expecting a bounce from here (TP: 1.393), otherwise we will visit 1.382 (DP).
why 1.3930?
Markets are not Random, they are designed!
  • #4,608
  • Oct 24, 2011 4:38am Oct 24, 2011 4:38am
Quoting BrunargarFx
I see the european indexes have closed the "gap"

1.3849 is important level, I'm expecting a bounce from here (TP: 1.393), otherwise we will visit 1.382 (DP).
You may be right, I had a long @ 3846, I may have put BE prematurely thou...
  • #4,609
  • Oct 24, 2011 4:42am Oct 24, 2011 4:42am
3840 - 3900 range is very probable throughout the night.
Don't get mad, get even!
  • #4,610
  • Oct 24, 2011 4:43am Oct 24, 2011 4:43am
It's my Daily R1, then further move up if clean break of 1.394

Quoting Raza
why 1.3930?
  • #4,611
  • Oct 24, 2011 4:44am Oct 24, 2011 4:44am
You have a v. good entry there. Closed my shorts @ +30
Waiting to re-enter long (break of 3875 would be nice

Quoting T@rantula
You may be right, I had a long @ 3846, I may have put BE prematurely thou...
  • #4,612
  • Oct 24, 2011 4:47am Oct 24, 2011 4:47am
Quoting Raza
why 1.3930?
Quoting BrunargarFx
It's my Daily R1, then further move up if clean break of 1.394
If I may add...


Attached Image (click to enlarge)
Click to Enlarge Name: eu.png Size: 12 KB


Attached Image
  • #4,613
  • Oct 24, 2011 4:50am Oct 24, 2011 4:50am
Interesting.!!

I have nothing @ 1.3930.. have a strong resistence at 1.3920 now..

dont think 4 hr will pull up to make another Hammer or ( LONG LEGGED DOJI) this time like last 2 times.
Markets are not Random, they are designed!
  • #4,614
  • Oct 24, 2011 4:51am Oct 24, 2011 4:51am
Quoting stulic
Textbook oldschool 50% fibo retracement entry.

Missed perfect entry last week around 5550 area, I see this pair around 5200 end of next week.
Pierced through 0% a LL, looking like a winner +58 ATM.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpaud24102.gif Size: 36 KB
Don't get mad, get even!
  • #4,615
  • Oct 24, 2011 4:55am Oct 24, 2011 4:55am
Quoting Raza
Interesting.!!

I have nothing @ 1.3930.. have a strong resistence at 1.3920 now..

dont think 4 hr will pull up to make another Hammer or ( LONG LEGGED DOJI) this time like last 2 times.


Quoting T@rantula
Sorry Mercy, the levels which I base calculations on are taken between 4 AM - 7 AM GMT.
  • #4,616
  • Oct 24, 2011 5:09am Oct 24, 2011 5:09am
Quoting T@rantula
If it can make it above 1.3887 ..I may get convinced it goes higher.Other wise it is so close to breaking support at 1.3835+-10 pips.
Markets are not Random, they are designed!
  • #4,617
  • Oct 24, 2011 5:10am Oct 24, 2011 5:10am
Yes, Absolutely.
I see your Stop level is a great one too.
The levels I am watching are 1.3875 for furthe rmove up and 1.3889 as possible Res

Below that I have 1.3849, 1.3837
then DP 1.382
If we cross the DP, we'll probably go for a retest of the daily LTL at 1.3735, which happens to also be my daily S1.... v. good position to reload long there...
I'm flat atm... thinking of going to the threadmill






Quoting T@rantula
If I may add...


Attachment

Attachment
  • #4,618
  • Oct 24, 2011 5:13am Oct 24, 2011 5:13am
Quoting Raza
If it can make it above 1.3887 ..I may get convinced it goes higher.Other wise it is so close to breaking support at 1.3835+-10 pips.
Yes 3890 would be achievable if 3835-20 holds.
  • #4,619
  • Oct 24, 2011 5:14am Oct 24, 2011 5:14am
Quoting BrunargarFx
Yes, Absolutely.
I see your Stop level is a great one too.
The levels I am watching are 1.3875 for furthe rmove up and 1.3889 as possible Res

Below that I have 1.3849, 1.3837
then DP 1.382
If we cross the DP, we'll probably go for a retest of the daily LTL at 1.3735, which happens to also be my daily S1.... v. good position to reload long there...
I'm flat atm... thinking of going to the threadmill
Indeed, nothing much is happening now...PA stuck between 48-68
  • #4,620
  • Oct 24, 2011 5:47am Oct 24, 2011 5:47am
Quoting T@rantula
Bearish continuation below 3854. 3854>3830>3807>3793>3768

Pay attention to these levels
The levels have been respected so far.
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