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  • #11,021
  • Feb 13, 2012 2:39am Feb 13, 2012 2:39am
Quoting T@rantula
Because of narrow range during the peak Asia session and Frankie open. Those numbers are reaction points and are best exploited on intraday trend start or range play.

Look for example. 3264 was continuation on bulls trend.Now look at the chart

You can use my levels on your charts..notice the reaction to it. TL coincided with 3264 which was calculated earlier. When I posted above saying we should have continuation, this was the time when we actually had it as 3264 TL got broken.

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thanks T
  • #11,022
  • Feb 13, 2012 2:43am Feb 13, 2012 2:43am
Quoting T@rantula
Those numbers are reaction points and are best exploited on intraday trend start or range play.
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3279/80 rejected it. It will probably be broken in next swing up. 86 and 90 are levels to watch for.

9gmt close will give another fuel injection to volatility. These are normal swing moves.
  • #11,023
  • Feb 13, 2012 2:51am Feb 13, 2012 2:51am
Quoting T@rantula
3279/80 rejected it. It will probably be broken in next swing up. 86 and 90 are levels to watch for.

9gmt close will give another fuel injection to volatility. These are normal swing moves.

Here we go as i told you...normal swing moves....64>80>69>83+
  • #11,024
  • Feb 13, 2012 2:53am Feb 13, 2012 2:53am
How's goin'?

Closed my carry over Friday Aussie 0650 long too early at 0737 +87, will now inevitably try to play the reverse at 0780 TL.
GL everyone.
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Don't get mad, get even!
  • #11,025
  • Feb 13, 2012 2:57am Feb 13, 2012 2:57am
Readjusted to 1.0783, previous strong demand level too.
Don't get mad, get even!
  • #11,026
  • Feb 13, 2012 2:58am Feb 13, 2012 2:58am
Quoting stulic
How's goin'?

Closed my carry over Friday Aussie 0650 long too early at 0737 +87, will now inevitably try to play the reverse at 0780 TL.
GL everyone.
Hey Stulic. You have carried over the trade, brave one need to say .

Easy going
  • #11,027
  • Feb 13, 2012 3:03am Feb 13, 2012 3:03am
Quoting T@rantula
Hey Stulic. You have carried over the trade, brave one need to say .

Easy going
Yeah was a bit risky because of Greece but trailing stop was in place and R:R seamed worth the gamble.
Now equities have opened strongly as expected, still tho appear to be losing momentum and FTSE DAX and EUROSTOXX are all struggling to crack 1% gain.
Might get stuck in that range for today.
Don't get mad, get even!
  • #11,028
  • Feb 13, 2012 3:09am Feb 13, 2012 3:09am
Quoting stulic
Yeah was a bit risky because of Greece but trailing stop was in place and R:R seamed worth the gamble.
Now equities have opened strongly as expected, still tho appear to be losing momentum and FTSE DAX and EUROSTOXX are all struggling to crack 1% gain.
Might get stuck in that range for today.
Yes, this 9gmt open should tell us if 85 will be broken. It was tagged, still I have 3291 as London top . Only if we break 3291, range play for today is no more.

We may see a retracement if 85 is not broken as it is only 5 pips away from my 90.
  • #11,029
  • Feb 13, 2012 3:14am Feb 13, 2012 3:14am
Quoting T@rantula
We may see a retracement if 85 is not broken as it is only 5 pips away from my 90.
Here we go, 9gmt hasnt given 3285 break, thus the retracement. The TL sits at 3255
  • #11,030
  • Feb 13, 2012 3:18am Feb 13, 2012 3:18am
Quoting T@rantula
Here we go, 9gmt hasnt given 3285 break, thus the retracement. The TL sits at 3255
3262 held so another try for a new high, what do you mean with the tl at 3255 ?
  • #11,031
  • Feb 13, 2012 3:26am Feb 13, 2012 3:26am
Quoting huskyboy
3262 held so another try for a new high, what do you mean with the tl at 3255 ?
TL of the last swing high sits on 3255. Cross point of TL and horizontal level of support is exactly 3255.
You cant know if 3262 held until the swing has been completed.

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  • #11,032
  • Feb 13, 2012 3:30am Feb 13, 2012 3:30am
Quoting T@rantula
TL of the last swing high sits on 3255. Cross point of TL and horizontal level of support is exactly 3255.
You cant know if 3262 held until the swing has been completed.

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Thanks
  • #11,033
  • Feb 13, 2012 3:31am Feb 13, 2012 3:31am
Quoting huskyboy
Thanks
You are welcome. Remember, patience is the virtue. Dont rush, wait and stalk.
  • #11,034
  • Feb 13, 2012 4:00am Feb 13, 2012 4:00am
We could see a momentum switch soon. If 3255>50 gets broken, 3290 will serve as a stop loss for short trades. 3210-00 in play.
  • #11,035
  • Feb 13, 2012 4:02am Feb 13, 2012 4:02am
Quoting T@rantula
We could see a momentum switch soon. If 3255>50 gets broken, 3290 will serve as a stop loss for short trades. 3210-00 in play.
1.3194-98 need to get hit which is why i shorted this morning and back in from 1.3179.. stops at be just in case it spikes again... we should eventually rise past 1.33
  • #11,036
  • Feb 13, 2012 4:05am Feb 13, 2012 4:05am
Quoting jaylovin
1.3194-98 need to get hit which is why i shorted this morning and back in from 1.3179.. stops at be just in case it spikes again... we should eventually rise past 1.33
3290 should be London top. NY LO Cross session might be buy on dips.I see a potential drop to 3200 in case 3255-50 gets broken. Stops should be on BE or 30 pips far from momentum shift ( around 3290).
  • #11,037
  • Feb 13, 2012 4:20am Feb 13, 2012 4:20am
Quoting T@rantula
3290 should be London top. NY LO Cross session might be buy on dips.I see a potential drop to 3200 in case 3255-50 gets broken. Stops should be on BE or 30 pips far from momentum shift ( around 3290).
i agree but i am here all day so can monitor the trade and if get stopped out i enter higher...

there is no need imo to make this a risk on trade when i have entered to what i believe is near the temp top... there is less chance of us hitting 1.3179 now as revisiting gives more chance of a break to the upside - no need for that risk
  • #11,038
  • Feb 13, 2012 4:38am Feb 13, 2012 4:38am
Quoting T@rantula
3290 should be London top. NY LO Cross session might be buy on dips.I see a potential drop to 3200 in case 3255-50 gets broken. Stops should be on BE or 30 pips far from momentum shift ( around 3290).
Quoting jaylovin
there is no need imo to make this a risk on trade when i have entered to what i believe is near the temp top... there is less chance of us hitting 1.3179 now as revisiting gives more chance of a break to the upside - no need for that risk
3250 held, next upswing in progress
  • #11,039
  • Feb 13, 2012 4:44am Feb 13, 2012 4:44am
entered on first break of tl 3262 sl 3248
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  • #11,040
  • Feb 13, 2012 4:50am Feb 13, 2012 4:50am
Quoting T@rantula
3250 held, next upswing in progress

shampoo?
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