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  • #589,201
  • Jan 27, 2012 11:32am Jan 27, 2012 11:32am
Quoting halkins
So interesting situation now on EURUSD.
There's a massive amount of bears' STOP LOSS orders above 1,3200 area.
If price breaks through 1,3210 it will (as always) trigger a chain reaction, executing all those stop orders one by one, creating a nice long green candle high above 1.3200
Anyway I stay out of the market ;-)
yup.....best solution is to move SL to almost 100 pips lol
Trade responsiblypatience is the key/Swing trader
  • #589,202
  • Jan 27, 2012 11:33am Jan 27, 2012 11:33am
Cant quite push past the high set back on 12/21/2011 though.

1.3198 is the number to watch...it seems

Quoting uksnowman
we have just put in a new high of the year and lots of you shorting to pick a top, which means we probably will see some more stops taken before heading down..
  • #589,203
  • Jan 27, 2012 11:33am Jan 27, 2012 11:33am
Quoting uksnowman
personally feel that the rocket will light first, very quickly to 1.32.. lots of stops, too easy for the pros
they weren't getting drunked all togheter?
  • #589,204
  • Jan 27, 2012 11:35am Jan 27, 2012 11:35am
Quoting KillerWhale
Tip for Monday

GBP has not seen a red day in 2 weeks.
Time for a short there.


apart from 22nd of course
  • #589,205
  • Jan 27, 2012 11:35am Jan 27, 2012 11:35am
Quoting KillerWhale
It probably won't
I have see 2 15 min highs 31939 + I have 2 shorts in 31832 +31731 It looks like coming down now.
Happy Hunting
  • #589,206
  • Jan 27, 2012 11:38am Jan 27, 2012 11:38am
bears be ware
no profit before candle crosses 1.32 then chance of it coming down and the key word is chance
  • #589,207
  • Jan 27, 2012 11:41am Jan 27, 2012 11:41am
the wind is out of the bulls. bears are soaking up sell orders now and we should continue our descent throughout the afternoon. no chance here

Quoting forexripper
bears be ware
no profit before candle crosses 1.32 then chance of it coming down and the key word is chance
  • #589,208
  • Jan 27, 2012 11:42am Jan 27, 2012 11:42am
Quoting halkins
So interesting situation now on EURUSD.
There's a massive amount of bears' STOP LOSS orders above 1,3200 area.
If price breaks through 1,3210 it will (as always) trigger a chain reaction, executing all those stop orders one by one, creating a nice long green candle high above 1.3200
Anyway I stay out of the market ;-)
Common, a stop hunter candle is never a "nice Long" candle and "far above" 1.32?
Not going to happen. And if it happens what, 20pips and then back?
Most traders are done.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #589,209
  • Jan 27, 2012 11:51am Jan 27, 2012 11:51am
Quoting millelire
I'm in at 1.3189, but with a tight sl
stopped out
  • #589,210
  • Jan 27, 2012 11:52am Jan 27, 2012 11:52am
whatever it is, that is not a normal stop hunt..maybe the big guys know something we not
  • #589,211
  • Jan 27, 2012 11:53am Jan 27, 2012 11:53am
Out from 3078 and sh 3197
Quoting Ultimate6
done.
  • #589,212
  • Jan 27, 2012 11:53am Jan 27, 2012 11:53am
Quoting KillerWhale
Common, a stop hunter candle is never a "nice Long" candle and "far above" 1.32?
Not going to happen. And if it happens what, 20pips and then back?
Most traders are done.
Well, great stop hunting candle. 9 Pips
New voice message: Why are you calling me? If I need you, I'll call you!
  • #589,213
  • Jan 27, 2012 11:53am Jan 27, 2012 11:53am
Can't resist even though we're going to the week end.

Just went short below 1,3200

Vol is getting on top which is good
COT: The precious data ignored
  • #589,214
  • Jan 27, 2012 11:54am Jan 27, 2012 11:54am
Quoting torkay77
whatever it is, that is not a normal stop hunt..maybe the big guys know something we not
yes, I only thought that the max was reached 4 this week, and most of institutionals were out at this time... (6:53 PM here)
  • #589,215
  • Jan 27, 2012 11:54am Jan 27, 2012 11:54am
Lets hope the pain/waiting is over.
Happy Hunting
  • #589,216
  • Jan 27, 2012 11:55am Jan 27, 2012 11:55am
Quoting millelire
stopped out
They call it "kiss of death"
the price hits your SL and reverses exactly where you wanted...
But don't worry, it will go north, maybe Monday, if not today.
Read Charts - Not Papers
  • #589,217
  • Jan 27, 2012 11:56am Jan 27, 2012 11:56am
what chart do u guys follow normally..1m, 5m or 15 m....???i cant figure out what to follow ..thanx
  • #589,218
  • Jan 27, 2012 11:57am Jan 27, 2012 11:57am
Price differences between several brokers are amazing... Some are really out for stop hunting
  • #589,219
  • Jan 27, 2012 11:59am Jan 27, 2012 11:59am
damn it i just when out of my short
  • #589,220
  • Jan 27, 2012 11:59am Jan 27, 2012 11:59am
Quoting kuroro001
Can't resist even though we're going to the week end.

Just went short below 1,3200

Vol is getting on top which is good

And quickly out for 35 pips
COT: The precious data ignored
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