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EURUSD

  • #574,141
  • Dec 13, 2011 9:56am Dec 13, 2011 9:56am
1.3100 not 1.3000
  • #574,142
  • Dec 13, 2011 9:56am Dec 13, 2011 9:56am
aiming for 1.29600 or even 1.28050 within a few days.
  • #574,143
  • Dec 13, 2011 9:56am Dec 13, 2011 9:56am
Yes, I would scalp a few pips from here given the 5m chart is oversold and distance between prices and 89 lwma is at extreme, it is counter trade so do not be greedy.
  • #574,144
  • Dec 13, 2011 9:59am Dec 13, 2011 9:59am
Quoting stubbys
1.3100 not 1.3000
You are right we are going down so fast i got ahead of myself. The point still is that psych levels are real. Just pull up a 1 min chart where it broke a 00 or 50 and usually it dances for a while similar to s and r levels.
  • #574,145
  • Dec 13, 2011 10:00am Dec 13, 2011 10:00am
Quoting bfis108137
You are right we are going down so fast i got ahead of myself. The point still is that psych levels are real. Just pull up a 1 min chart where it broke a 00 or 50 and usually it dances for a while similar to s and r levels.
Agreed
  • #574,146
  • Dec 13, 2011 10:01am Dec 13, 2011 10:01am
EU in the abyss @ 1.2xxx before the week ends.
  • #574,147
  • Dec 13, 2011 10:03am Dec 13, 2011 10:03am
Quoting stubbys
Agreed
Maybe those are stop levels that are not broken, at round numbers people tend to place stops .. just a tought
  • #574,148
  • Dec 13, 2011 10:03am Dec 13, 2011 10:03am
Well, at least you can buy eur very cheap now....
  • #574,149
  • Dec 13, 2011 10:03am Dec 13, 2011 10:03am
Whats this bear on ??
Attached Image
"Pippin aint easy"
  • #574,150
  • Dec 13, 2011 10:04am Dec 13, 2011 10:04am
Quoting Buitragojl
Whats this bear on ??
lol
  • #574,151
  • Dec 13, 2011 10:05am Dec 13, 2011 10:05am
Quoting 21vs7
let us begin.
I have to.

1,2970 for bloodshed!

partial close

Inserted Video
  • #574,152
  • Dec 13, 2011 10:05am Dec 13, 2011 10:05am
A confluence of daily support + WS3. Seems no real bounce yet.
  • #574,153
  • Dec 13, 2011 10:06am Dec 13, 2011 10:06am
2nd TP touch again ... next ....
  • #574,154
  • Dec 13, 2011 10:07am Dec 13, 2011 10:07am
Quoting lab997
A confluence of daily support + WS3. Seems no real bounce yet.
It won't stop until people stop trying to fade it.

There is literally no limit to how far it can fall as long as someone offers up a stop to run. It's like throwing cheese over your shoulder in front of a huge rat.

So many are trying to make the BIG SCORE that there won't be a bottom for a while.
  • #574,155
  • Dec 13, 2011 10:09am Dec 13, 2011 10:09am
Quoting Pipbumper
Difficult to predict, but 1.3060 sure is a good candidate for a first major bounce
Doesn't look that 1.3060 is a major bounce, levels to 1.28 come in sight. I re-entered at 1.3110 with sl at be. See if we can continue the ride ...
  • #574,156
  • Dec 13, 2011 10:10am Dec 13, 2011 10:10am
I guess im looking for 1.3145 to short this pair.. Ill be back and see what happens around 1pm for the FOMC Good trade Max and to all who were short.Long didnt work for me but atleast i didnt loss my @$$
"Pippin aint easy"
  • #574,157
  • Dec 13, 2011 10:11am Dec 13, 2011 10:11am
A strong support at 1.3158ish is hold. will consolidate for awhile.
  • #574,158
  • Dec 13, 2011 10:15am Dec 13, 2011 10:15am
long cat is long.
  • #574,159
  • Dec 13, 2011 10:15am Dec 13, 2011 10:15am
Quoting lab997
A strong support at 1.3158ish is hold. will consolidate for awhile.
If you mean broken, then yes... If you mean it go further with consolidate, then yes... You are absolutely right...
  • #574,160
  • Dec 13, 2011 10:17am Dec 13, 2011 10:17am
Quoting pito201
If you mean broken, then yes... If you mean it go further with consolidate, then yes... You are absolutely right...
oops..1.3058 i mean. Has been in 1.31-32 for such a time.
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