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  • #8,801
  • Dec 8, 2011 8:13am Dec 8, 2011 8:13am
Quoting T@rantula
Yes Raza , consolidation on h4 gave us head and shoulders variant 2 and divergences worked out pretty fine.
http://www.forexfactory.com/showthre...94#post5205394

Silence before the Storm.
Yes I saw your post

I shorted this @ 1.3440 just closed it..

took a short out of frustration. Glad it worked out...

Done for the day.....
Markets are not Random, they are designed!
  • #8,802
  • Dec 8, 2011 8:14am Dec 8, 2011 8:14am
Quoting Raza
I shorted this @ 1.3440 just closed it..

took a short out of frustration. Glad it worked out...
Excellent entry by all means.
  • #8,803
  • Dec 8, 2011 8:15am Dec 8, 2011 8:15am
sorry
no time to post it early
but closed my long with 41
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I'm indeed a talking panda. How are you?
  • #8,804
  • Dec 8, 2011 8:18am Dec 8, 2011 8:18am
Quoting T@rantula
Excellent entry by all means.
Looks like it is gonna go all the places down which it hesitated to in the past...

Time to scalp 10 -15 every now and then.
Markets are not Random, they are designed!
  • #8,805
  • Dec 8, 2011 8:20am Dec 8, 2011 8:20am
Quoting Pandamonium
sorry
no time to post it early
but closed my long with 41
I know Pip hunter

Well done and welcome back to the thread.
  • #8,806
  • Dec 8, 2011 8:21am Dec 8, 2011 8:21am
Quoting Raza
Looks like it is gonna go all the places down which it hesitated to in the past...
Yes exactly. Today or tomorrow that was the question.
  • #8,807
  • Dec 8, 2011 8:23am Dec 8, 2011 8:23am
Quoting T@rantula
Yes exactly. Today or tomorrow that was the question.
You know it has fooled us many time...hope this one is real

1.3298 is a gartley target..and my fib.

And 1.3241 is an untested level.

Ok gotta sleep now/
Markets are not Random, they are designed!
  • #8,808
  • Dec 8, 2011 8:26am Dec 8, 2011 8:26am
I will add my economic knowledge of fundamentals. Be sure to check my later post.

The main differences between EU and USA.
  • #8,809
  • Dec 8, 2011 8:30am Dec 8, 2011 8:30am
Quoting Raza
You know it has fooled us many time...hope this one is real

1.3298 is a gartley target..and my fib.

And 1.3241 is an untested level.

Ok gotta sleep now/
Yes but EU summit ends tomorrow and Rate decision was today. I mean it was logical one of those days..I would be really mad if they postponed it lol.

Nevertheless we need to see 3280 and 3298 I agree.
  • #8,810
  • Dec 8, 2011 8:41am Dec 8, 2011 8:41am
Well, I agree with you guys.
We should go down, finally. Because we should go down last days and we didn't.

But, be cautious. False breakouts was the most usual pattern we are seeing last days.
I'm indeed a talking panda. How are you?
  • #8,811
  • Dec 8, 2011 8:45am Dec 8, 2011 8:45am
Yes we are having 3320 retest, good option is to scale out now, stops at BE.
  • #8,812
  • Dec 8, 2011 8:47am Dec 8, 2011 8:47am
In 2 hours, there will be stress test, not sure how it may impact the bullish side, just be cautious.
  • #8,813
  • Dec 8, 2011 9:10am Dec 8, 2011 9:10am
1.3234 is also where the gap lies...
  • #8,814
  • Dec 8, 2011 9:12am Dec 8, 2011 9:12am
My butt is saved the lines held!
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Have I got something on my face, SOLDIER?
  • #8,815
  • Dec 8, 2011 9:23am Dec 8, 2011 9:23am
here is my dow shorts into completion. lower trade is leveraged pack of power of 16:1

made 1.6%
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Have I got something on my face, SOLDIER?
  • #8,816
  • Dec 8, 2011 9:25am Dec 8, 2011 9:25am
Quoting bumapatria
My butt is saved the lines held!
Told ya, nothing to worry about. Drawdown is normal when MM is good
  • #8,817
  • Dec 8, 2011 9:26am Dec 8, 2011 9:26am
Quoting jaylovin
1.3234 is also where the gap lies...
Haha indeed almost forgot about that 1 lol.
  • #8,818
  • Dec 8, 2011 9:35am Dec 8, 2011 9:35am
5m bullish divergence is giving a retrace now. A sort of some limited profit taking.

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  • #8,819
  • Dec 8, 2011 9:38am Dec 8, 2011 9:38am
made a lot on eurfutures

it shouldve been support but i just rammed the sell order. no demand that place is used up.

because it really broke through what should be support in the s/r cycle
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Have I got something on my face, SOLDIER?
  • #8,820
  • Dec 8, 2011 9:45am Dec 8, 2011 9:45am
Quoting T@rantula
5m bullish divergence is giving a retrace now. A sort of some limited profit taking.

Attachment
No real retracment until:

1. Trendline is broken and 3350 is retested
2. Last level marked

I doubt it will go that far ( even on a sudden spike due to strss test results), but still, no real retrace until TL is broken.

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