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  • #554,801
  • Oct 26, 2011 8:08pm Oct 26, 2011 8:08pm
Waiting for 1.3945 to get in short. It broke the 1 hr trend line and am waiting for a retest. Short at 1.3945, SL at 1.3965 and TP ~1.34.
  • #554,802
  • Oct 26, 2011 8:11pm Oct 26, 2011 8:11pm
it seems to reach for the 1.40 brass ring but not quite making it. My daily trend line looks like it needs to hit above the 1.40 to top out. Maybe tonight is the night (Pacific Northwest). I like to ride one all the way down but I tend to chicken out too early. Tonight I might go for the guts and glory but I'll probably end up playing with my rubber ducky instead.
Taigen Profit This Month: na
  • #554,803
  • Oct 26, 2011 8:27pm Oct 26, 2011 8:27pm
Quoting Kowalczyk
Waiting for 1.3945 to get in short. It broke the 1 hr trend line and am waiting for a retest. Short at 1.3945, SL at 1.3965 and TP ~1.34.
TP hit and now i'm short. It retested the 1 hr trendline and fail to penetrate. See ya at 1.36.
  • #554,804
  • Oct 26, 2011 8:31pm Oct 26, 2011 8:31pm
50% off...
seems great news to Euro zone
Patience, Emotion Control and Discipline.
  • #554,805
  • Oct 26, 2011 8:39pm Oct 26, 2011 8:39pm
those are the levels I see to short at .

3 main levels for another very strong push down...


the colors highlight where those levels acted strongly before .

cheers
Kevin
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  • #554,806
  • Oct 26, 2011 8:40pm Oct 26, 2011 8:40pm
So Mr market, are you taking us to 1.4 or is this another one of your crafty tricks?
  • #554,807
  • Oct 26, 2011 8:42pm Oct 26, 2011 8:42pm
Gonna spell trouble when the 1H closes above 1.3950 for you bears. But I'm sure you all magically got long somewhere below 1.3900 and managed to get your shorts off at b/e or for a slight profit or minimal loss... right?

Always seems to happen that way on FF.
check out my blog: forexmademillionaire dot com
  • #554,808
  • Oct 26, 2011 8:45pm Oct 26, 2011 8:45pm
Quoting Geppy
Gonna spell trouble when the 1H closes above 1.3950 for you bears. But I'm sure you all magically got long somewhere below 1.3900 and managed to get your shorts off at b/e or for a slight profit or minimal loss... right?

Always seems to happen that way on FF.
I didn't jump on the shortwagon, I'm on the sidelines now. It's too volatile at the moment and I'm just a small fly, I don't want to get squashed. The bulls sure are having a good time now, ain't they.
  • #554,809
  • Oct 26, 2011 8:55pm Oct 26, 2011 8:55pm
safe scalp ... 5 pips
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  • #554,810
  • Oct 26, 2011 8:57pm Oct 26, 2011 8:57pm
Quoting Kowalczyk
TP hit and now i'm short. It retested the 1 hr trendline and fail to penetrate. See ya at 1.36.
Added another short a 1.3974.
  • #554,811
  • Oct 26, 2011 8:58pm Oct 26, 2011 8:58pm
Wow, we might actually reach 1.4 today.
  • #554,812
  • Oct 26, 2011 9:00pm Oct 26, 2011 9:00pm
Quoting jeff_b
I didn't jump on the shortwagon, I'm on the sidelines now. It's too volatile at the moment and I'm just a small fly, I don't want to get squashed. The bulls sure are having a good time now, ain't they.
Been having a good time for awhile now. I've been holding quite the long position since 1.3715

I don't trade 5min time-frames or sit at the computer all day long. I like to enjoy life and make a living without baby sitting positions :-)
check out my blog: forexmademillionaire dot com
  • #554,813
  • Oct 26, 2011 9:01pm Oct 26, 2011 9:01pm
Long from 1.3825, TP hit at 1.3885.

Expecting we'll reach 1.4020 by week end, but the jagged PA this week makes me unwilling to ride these moves very far.
  • #554,814
  • Oct 26, 2011 9:03pm Oct 26, 2011 9:03pm
sell order at 1.40. come at me euro
  • #554,815
  • Oct 26, 2011 9:04pm Oct 26, 2011 9:04pm
somemody can tell me why dollar falls down?
  • #554,816
  • Oct 26, 2011 9:06pm Oct 26, 2011 9:06pm
Interesting bears and bulls battle. EU took a 150+ pips dive and now up up and away. Let's see.
  • #554,817
  • Oct 26, 2011 9:11pm Oct 26, 2011 9:11pm
Quoting eliabreu
somemody can tell me why dollar falls down?
EU Officials Approve Accord for a 50% Writedown for Greek
Patience, Emotion Control and Discipline.
  • #554,818
  • Oct 26, 2011 9:12pm Oct 26, 2011 9:12pm
Quote
Sarkozy says 50% Greek debt reduction doesn't include ECB's holdings
Only Private Banks to suffer?
  • #554,819
  • Oct 26, 2011 9:13pm Oct 26, 2011 9:13pm
Quoting johncen
EU Officials Approve Accord for a 50% Writedown for Greek
Wrong.

They reached an agreement on the Greek debt cutting plan, but have not reached one on the haircuts yet. They're close, and it's expected to be 50%. If so, it could easily drive this pair higher again.
check out my blog: forexmademillionaire dot com
  • #554,820
  • Oct 26, 2011 9:14pm Oct 26, 2011 9:14pm
I am lucky this day,

I managed to ride this from 1.3878 to 1.3978
and the best part it was a 10 pip stop loss,took the 1st half at +10
moved 2nd half to BE and out for +100 on the 2nd

lucky ride for +32% gain

atheer1
Wish you luck and happiness
atheer1
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