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  • #583,401
  • Jan 12, 2012 8:08pm Jan 12, 2012 8:08pm
Quoting dove_alliance
Smiling - that is a very hard resistance..
looks like there also under fibo 38.2...but im bullish..if i see greece is dissapoint..then i will consider again
Bismillah
  • #583,402
  • Jan 12, 2012 8:09pm Jan 12, 2012 8:09pm
Quoting krunfx
Bullish seen as 4hr& daily have shown the double bottom
hope greece event today not spoil this trend
Hey krun,


Can you or anybody else tell me when this "greece event" takes place?

What event even takes place? When is it sheduled?

I'm just curious, thank you all
  • #583,403
  • Jan 12, 2012 8:10pm Jan 12, 2012 8:10pm
Quoting Dagobert
Hey krun,


Can you or anybody else tell me when this "greece event" takes place?

What event even takes place? When is it sheduled?

I'm just curious, thank you all

today....time i not know.... but of course in european session
Bismillah
  • #583,404
  • Jan 12, 2012 8:19pm Jan 12, 2012 8:19pm
Quoting krunfx
today....time i not know.... but of course in european session
You know what exactly it is about? I can't find anything relevant, relevant eur shedules for today...


edit: Gotcha
Quoting krunfx
dont know....but i know the day is today..maybe during european session...

from my yesterday post:
IIF ON GREEK DEBT TALKS: "DISCUSSIONS WILL CONTINUE IN ATHENS TOMORROW, BUT TIME FOR REACHING AN AGREEMENT IS RUNNING SHORT"
Thanks for the info, good to know
  • #583,405
  • Jan 12, 2012 8:20pm Jan 12, 2012 8:20pm
Quoting krunfx
looks like there also under fibo 38.2...but im bullish..if i see greece is dissapoint..then i will consider again
Let me place it this way - I also use a 2 hour chart and it is in consolidation right now with a resistance that is like a wall at 2860 and drops lower every two hours in the consolidation. If this 2 hour consolidation slides sideways then this resistance will also slide under for the continuance of the up. If it does not slide - then you will be looking at a 100+ drop by tomorrow morning sometime.

I am giving you heads up - if your longs get past the 2860 then you will be OK - if not - then you know what to look for.

I wont be up for it because I am already short with my SL at BE with entry at the 2844 and my TP for 100 pips.
The Dove - Forex Trainer
  • #583,406
  • Jan 12, 2012 8:21pm Jan 12, 2012 8:21pm
Quoting Dagobert
Thanks. You know what exactly it is about? I can't find anything relevant, relevant eur shedules for today...

IIF ON GREEK DEBT TALKS: "DISCUSSIONS WILL CONTINUE IN ATHENS TOMORROW(today), BUT TIME FOR REACHING AN AGREEMENT IS RUNNING SHORT"
Bismillah
  • #583,407
  • Jan 12, 2012 8:39pm Jan 12, 2012 8:39pm
I smell a breakout coming.
Time turns trend. - W.D. Gann
  • #583,408
  • Jan 12, 2012 8:42pm Jan 12, 2012 8:42pm
Quoting dove_alliance
Let me place it this way - I also use a 2 hour chart and it is in consolidation right now with a resistance that is like a wall at 2860 and drops lower every two hours in the consolidation. If this 2 hour consolidation slides sideways then this resistance will also slide under for the continuance of the up. If it does not slide - then you will be looking at a 100+ drop by tomorrow morning sometime.

I am giving you heads up - if your longs get past the 2860 then you will be OK - if not - then you know what to look for.

I wont be up for it because...
huhu..ok
Bismillah
  • #583,409
  • Jan 12, 2012 8:44pm Jan 12, 2012 8:44pm
Short 1 @ 2827
  • #583,410
  • Jan 12, 2012 8:47pm Jan 12, 2012 8:47pm
Short 2 in @2830
  • #583,411
  • Jan 12, 2012 9:00pm Jan 12, 2012 9:00pm
Quoting Brandon
Long @ 1.2717, tp: 1.2930, sl: 1.2645
Moved SL to BE. Daily trend is bullish. A double bottom was formed last night on the 4 Hr TF. Since price has moved higher than the previous high (1.2800), DB has been accomplished and we have ~ 150 pips to go.

4 hr and daily are now bullish. A break of the previous channel will create more room to the upside.

Dangerous to short at the moment.
  • #583,412
  • Jan 12, 2012 9:03pm Jan 12, 2012 9:03pm
Quoting mohan76
giving reason, tp and sl much appreciated , FF have trading journal for recording entries
Just a hunch.
  • #583,413
  • Jan 12, 2012 9:09pm Jan 12, 2012 9:09pm
Quoting GSGill
Just a hunch.
Im just messing around, no the reason is that I have a confluence of channels and a fork, doesnt hurt that the weekly pivot is around here too. TP: open to next channel line around 2817 and trail 25% from there .SL:47 Hope this helps.
  • #583,414
  • Jan 12, 2012 9:11pm Jan 12, 2012 9:11pm
Quoting Brandon
Moved SL to BE. Daily trend is bullish. A double bottom was formed last night on the 4 Hr TF. Since price has moved higher than the previous high (1.2800), DB has been accomplished and we have ~ 150 pips to go.

4 hr and daily are now bullish. A break of the previous channel will create more room to the upside.

Dangerous to short at the moment.
Much appreciated friend. Always good to have another perspective.
  • #583,415
  • Jan 12, 2012 9:16pm Jan 12, 2012 9:16pm
Quoting GSGill
Im just messing around, no the reason is that I have a confluence of channels and a fork, doesnt hurt that the weekly pivot is around here too. TP: open to next channel line around 2817 and trail 25% from there .SL:47 Hope this helps.
just adding small reason will help other newbie from jump in/out quickly , i seen some people saying testing the water / looking for small scalp.

thank you
Mohan
  • #583,416
  • Jan 12, 2012 9:19pm Jan 12, 2012 9:19pm
Quoting mohan76
just adding small reason will help other newbie from jump in/out quickly , i seen some people saying testing the water / looking for small scalp.

thank you
lol that was me saying that. yup maybe not a good idea to post trades here, new traders might not have the will to take quick profits when they present themselves.
  • #583,417
  • Jan 12, 2012 9:21pm Jan 12, 2012 9:21pm
Quoting GSGill
lol that was me saying that. yup maybe not a good idea to post trades here, new traders might not have the will to take quick profits when they present themselves.
ops misinterpreted i have appreciated your detail posting .

edit : on 2nd read , my post was confusing i removed it
Mohan
  • #583,418
  • Jan 12, 2012 9:22pm Jan 12, 2012 9:22pm
Euro may appreciate further

http://my.jetscreenshot.com/10477/20120113-r2xb-193kb
Trade responsiblypatience is the key/Swing trader
  • #583,419
  • Jan 12, 2012 9:23pm Jan 12, 2012 9:23pm
Quoting GSGill
Much appreciated friend. Always good to have another perspective.
No problem. It is forex and of course nothing is for certain but it is good to discuss and have other people's perspectives in mind when you are planning your next trade.

Weekly PP will serve as pretty solid support and I think it will range from there before breaking out.
  • #583,420
  • Jan 12, 2012 9:24pm Jan 12, 2012 9:24pm
Quoting GSGill
Short 2 in @2830
Scratching short from 2827 at BE will watch PA to see if I hold short from 2830, not liking the behavior so far.
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