She is approching the bottom border of bearish price channel she broke 2011.12.12. Anticipated touch is 1.3110. This is also a strong resistance level. I doubt she'll break it with so low volume in the end of the year.
Mohan
- #576,541
- Dec 20, 2011 5:27am Dec 20, 2011 5:27am
- Joined Jan 2011 | Status: Ordinary Members | 10,684 Posts
- #576,542
- Dec 20, 2011 5:31am Dec 20, 2011 5:31am
- Joined Apr 2011 | Status: Liverpool's KOP | 8,037 Posts | Online Now
Yes bro very much same page, thow up swissy too she hitting support soon, so need wait be patience
EU last time this level took 3 wicky bear smackdown so bull is want it too lol
Kiwi almost inverted H&S might help,
Many bull get a bit excited, pop, trend most tf is down, 200 sma 45degrees concur, bull need to question is this bottom, if not then is picking bottom, stinky finger time, get it right, most dont have nuts to actually benifit from get bottom, 4 - 500 pips, pick bottom, get nice entry, colse 1st fence at 40 50 pips, is not good rr,...
~I also doubt that it is the bottom..so have closed my long since last thurs with 106+...
original target 3150 and 3215 though..
it was just a small one though...my plan was keep building position while goin up bt we move a bit too slow
picking bottom is difficult..but also challenging and exciting..
its dilemma...
Patience, Emotion Control and Discipline.
- #576,545
- Dec 20, 2011 5:33am Dec 20, 2011 5:33am
- Joined Apr 2011 | Status: Liverpool's KOP | 8,037 Posts | Online Now
actually low volume can easily break big resistant without any issue
easier for manipulator~~
Probabli the funds with worst performance want to claw some back before Christmas
Patience, Emotion Control and Discipline.
- #576,550
- Dec 20, 2011 5:40am Dec 20, 2011 5:40am
- Joined Jan 2011 | Status: Ordinary Members | 10,684 Posts
guys, what price is good to long at the retracement? 1.03600 or .34?
thanks
Trade safe
Mohan
- #576,551
- Dec 20, 2011 5:41am Dec 20, 2011 5:41am
- Joined Aug 2009 | Status: Trader | 12,448 Posts
yes swiss near bottom of channel...
I also doubt that it is the bottom..so have closed my long since last thurs with 106+...
original target 3150 and 3215 though..
it was just a small one though...my plan was keep building position while goin up bt we move a bit too slow
picking bottom is difficult..but also challenging and exciting..
Nice trade 106,
could of be more but bro 106 in bank is ok, and agree is best build, multiple smaller entrys, 1 safe then try add safe add, safe add mm rr pb and leave runners, hardest part is holding on to them, is why I prefer sell tops much much quicker, bottoms seem take forever, stop stop stop, piss me off, is similar to most trade channel flag range whatever, buy bottom sell top, key is holding for bulk of range, channel, etc some my best trades are with platform "off", is remove emotion, fear, greed, is purely technical trade plan
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- #576,554
- Dec 20, 2011 6:10am Dec 20, 2011 6:10am
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If there was easy money lying around,no one would be forcing it into your
- #576,556
- Dec 20, 2011 6:23am Dec 20, 2011 6:23am
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When life gives you lemons, make lemonade
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- Dec 20, 2011 6:45am Dec 20, 2011 6:45am
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