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  • #605,441
  • Mar 7, 2012 9:44am Mar 7, 2012 9:44am
Shooting star forming in TF 15?
  • #605,442
  • Mar 7, 2012 9:45am Mar 7, 2012 9:45am
Quoting ForexRyan
I took my profits while I still had them. I simply don't trust this area to have a long open for a long-term position.
Especially when price does decide to close below 1.3100 it will like jumping from a building.
  • #605,443
  • Mar 7, 2012 9:45am Mar 7, 2012 9:45am
Quoting ganam
keep fingers crossed, hope euro will up
It might head towards 1,3070-90 before retracing up.
But i'm ready for a move up already.
COT: The precious data ignored
  • #605,444
  • Mar 7, 2012 9:45am Mar 7, 2012 9:45am
rumor/fact or any other things can't drive mid-term movement until big boys reach their TP. By this way they are sucking the money from market
You cannot learn better without losing
  • #605,445
  • Mar 7, 2012 9:45am Mar 7, 2012 9:45am
Quoting farn
perhaps he use hedging to limit the losses? once it reach the lowest point, he just have to close the hedging position and let the price go back to its previous point. of course the hardest part will be to determine when is the lowest
Seems to me hedging would just complicate things. But he could trade some shorts (not the same as hedging the position) to decrease the DD?
  • #605,446
  • Mar 7, 2012 9:46am Mar 7, 2012 9:46am
Quoting FXMastermind
took a long @02, just in case that the barrier held...and it seems it defended itself, for now...

Right, come on and do your stuff FXMastermind, I've got two longs open at 01 and 98

15 would be great if you can manage that !
  • #605,447
  • Mar 7, 2012 9:47am Mar 7, 2012 9:47am
Quoting kuroro001
It might head towards 1,3070-90 before retracing up.
But i'm ready for a move up already.
1.3068 S1
  • #605,448
  • Mar 7, 2012 9:47am Mar 7, 2012 9:47am
Quoting BossTrader
added long @ 3113

stops moved to 3080
Stop still holding
Losses to which we are accustomed affect us less deeply.
  • #605,449
  • Mar 7, 2012 9:48am Mar 7, 2012 9:48am
Quoting kuroro001
It might head towards 1,3070-90 before retracing up.
But i'm ready for a move up already.
London going close if it can take out 20 bull have chance.
all hedge fund mangers feeding bear on tv to recover there shots
Mohan
  • #605,450
  • Mar 7, 2012 9:49am Mar 7, 2012 9:49am
Quoting Patternz
Possible falling wedge tf 30. May take a few hours to complete then possible break up.
Falling wedge is not in my database (brain). I've heard of, of course..
  • #605,451
  • Mar 7, 2012 9:50am Mar 7, 2012 9:50am
Today only 68 pips range. Base on previous trading days, if range too small means high possibility trend reverse in coming day, I think we gonna heading higher tomorrow, we still didn't see any retracement from top, at least 61.8% or 78.6% from the top before decide the next trend..... I dont believe market move directly down without any retracement....
  • #605,452
  • Mar 7, 2012 9:51am Mar 7, 2012 9:51am
Quoting Rokz
1.3068 S1
I only trust my lines based on a naked chart...and not some "rubbish" pivot points/S1/R1...if it works for you it's great though...for me it doesn't
COT: The precious data ignored
  • #605,453
  • Mar 7, 2012 9:52am Mar 7, 2012 9:52am
Hello folks,

looks to me like there will be no completion of full bearish or bullish moves today, maybe a little up move there a little down move here, but overall just some choppy waters.

London close will give a bit of action as always though.

Trade well and green pips to everyone.
Learn to see what's there, not what you want to see.
  • #605,454
  • Mar 7, 2012 9:52am Mar 7, 2012 9:52am
Quoting mohan76
London going close if it can take out 20 bull have chance.
all hedge fund mangers feeding bear on tv to recover there shots
True...all hedge funds trying to trigger
a default so they can collect billions
from their naked short CDS's.
You can remain irrational longer than you can remain solvent.
  • #605,455
  • Mar 7, 2012 9:53am Mar 7, 2012 9:53am
oh well.. got hit for -5 on that short....
  • #605,456
  • Mar 7, 2012 9:54am Mar 7, 2012 9:54am
Quoting PokerPlayer
Right, come on and do your stuff FXMastermind, I've got two longs open at 01 and 98

15 would be great if you can manage that !

That'll do, thanks
  • #605,457
  • Mar 7, 2012 9:55am Mar 7, 2012 9:55am
Quoting kuroro001
I only trust my lines based on a naked chart...and not some "rubbish" pivot points/S1/R1...if it works for you it's great though...for me it doesn't
Same here
  • #605,458
  • Mar 7, 2012 10:01am Mar 7, 2012 10:01am
Quoting kuroro001
I only trust my lines based on a naked chart...and not some "rubbish" pivot points/S1/R1...if it works for you it's great though...for me it doesn't
hourly close looks good , i am half sleep not willing to take any trade
Mohan
  • #605,459
  • Mar 7, 2012 10:02am Mar 7, 2012 10:02am
Quoting mohan76
hourly close looks good , i am half sleep not willing to take any trade
its breaking the 311/313 support..is it time to go long/..or just a retset...
  • #605,460
  • Mar 7, 2012 10:03am Mar 7, 2012 10:03am
now long @ 3119
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