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  • #607,781
  • Mar 12, 2012 10:28am Mar 12, 2012 10:28am
resistance at 1.3124, 1.3127 . . .

should the 1 hr candle close above the areas , it maybe a good confirmation that the down trend momentum is weakening. Otherwise, range for the day.
The market will deceive you. Make your own judgement.
  • #607,782
  • Mar 12, 2012 10:29am Mar 12, 2012 10:29am
Friday's break below 1.3160 static support signals, that the consolidation pattern above 1.3100 is already over with the recent peak at 1.3290 and the downtrend is renewed, towards 1.2975. The intraday bias is slightly positive, but I expect current rebound to be limited below 1.3160 intraday resistance, before next leg downwards. Crucial on the upside is 1.3210

http://www.forexfactory.com/%3Ca%20h...%20%3E%3C/a%3E
http://%3Ca%20href=%22http://s1183.p...%20%3E%3C/a%3E
http://[IMG]http://i1183.photobu...rusd120312.gifhttp://www.forexfactory.com/%3Ca%20h...%20%3E%3C/a%3E

http://www.forexfactory.com/%3Ca%20h...%22%3E%3C/a%3E
  • #607,783
  • Mar 12, 2012 10:32am Mar 12, 2012 10:32am
looks like we got a winner

Inserted Video
  • #607,784
  • Mar 12, 2012 10:38am Mar 12, 2012 10:38am
Quoting diggo
Why short?
Because for me it's in a downward trend at the moment
The trade may take some hours to come good
rat
  • #607,785
  • Mar 12, 2012 10:41am Mar 12, 2012 10:41am
Quoting rattyo
Because for me it's in a downward trend at the moment
The trade may take some hours to come good
Hate to agree with an iron, but my view is same as yours. Upwards towards 1.3160 then 1.3190 but then it's a down move.
  • #607,786
  • Mar 12, 2012 10:41am Mar 12, 2012 10:41am
Quoting rattyo
Because for me it's in a downward trend at the moment
The trade may take some hours to come good
Ok fair enough, I just think there is much greater risk to the upside, once it breaks 1.3130 there's not much stopping it, whereas there's plenty of support in the way of your target
  • #607,787
  • Mar 12, 2012 10:45am Mar 12, 2012 10:45am
Possible double top forming 15m. 38% fib holding. I'm already short from this morning.
Over thinking over analyzing separates the body from the mind.
  • #607,788
  • Mar 12, 2012 10:46am Mar 12, 2012 10:46am
im waiting on 30 to break (again) and then a run to the daily PP @ 3163
Trade What You See Not What You Want To See
  • #607,789
  • Mar 12, 2012 10:47am Mar 12, 2012 10:47am
  •  orzels
  • | Joined Nov 2011 | Status: Buy at resistance, Sell at support™ | 309 Posts
Waiting for end of war on Gold.
  • #607,790
  • Mar 12, 2012 10:47am Mar 12, 2012 10:47am
Will be closing all positions in exactly 2 hours and 15 mins... Today pips did not splash as usual but I still nailed them.. Peace out. Yo.
  • #607,791
  • Mar 12, 2012 10:49am Mar 12, 2012 10:49am
Quoting pipnaija
Will be closing all positions in exactly 2 hours and 15 mins... Today pips did not splash as usual but I still nailed them.. Peace out. Yo.
Trade What You See Not What You Want To See
  • #607,792
  • Mar 12, 2012 10:52am Mar 12, 2012 10:52am
am lovin it
Trade What You See Not What You Want To See
  • #607,793
  • Mar 12, 2012 10:52am Mar 12, 2012 10:52am
anyone is short?

romanian guy where are you??
When life gives you lemons, make lemonade
  • #607,794
  • Mar 12, 2012 10:53am Mar 12, 2012 10:53am
Quoting micho
anyone is short?
Trade What You See Not What You Want To See
  • #607,795
  • Mar 12, 2012 10:56am Mar 12, 2012 10:56am
Long since last Fri but only breakeven now
  • #607,796
  • Mar 12, 2012 10:56am Mar 12, 2012 10:56am
Damn , i open the position at 1.3132 and close +10 pips....
i should wait till 1.3160...
  • #607,797
  • Mar 12, 2012 10:56am Mar 12, 2012 10:56am
Nice parabolic on EU... Won't trade it though.. USD. Still strong. 2 hours and 5 minutes left.
  • #607,798
  • Mar 12, 2012 10:57am Mar 12, 2012 10:57am
Went long at 1.3140...SL 1.3100
  • #607,799
  • Mar 12, 2012 10:58am Mar 12, 2012 10:58am
Quoting Paris13
Same here on EUR...TP 1.3142

TP hit...GL 2 all
  • #607,800
  • Mar 12, 2012 10:59am Mar 12, 2012 10:59am
1.316x will be a accommodate position to go down ,i think :
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