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  • #13,321
  • Mar 23, 2012 7:00am Mar 23, 2012 7:00am
4H shows further sell off

And back to my original entry... I got played grrr
  • #13,322
  • Mar 23, 2012 7:08am Mar 23, 2012 7:08am
If 1.3221 break, this should go down farther.
  • #13,323
  • Mar 23, 2012 7:31am Mar 23, 2012 7:31am
Retest of H&S (on M5) @ 1.3249?
  • #13,324
  • Mar 23, 2012 7:41am Mar 23, 2012 7:41am
it's either retest of neckline or breakout from bullflag...

(like break of possible bullflag on M5
Quoting BrunargarFx
Retest of H&S (on M5) @ 1.3249?
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD 230312.png Size: 26 KB
  • #13,325
  • Mar 23, 2012 7:48am Mar 23, 2012 7:48am
Bears made progress and bulls trying to get back what their lost
Fighting
No time to watch b back later
  • #13,326
  • Mar 23, 2012 7:49am Mar 23, 2012 7:49am
When I look at the last H4 bar, I'm still struggling as to how come we are not going down?!?
Is there a central bank buying this stuff or what?
  • #13,327
  • Mar 23, 2012 7:56am Mar 23, 2012 7:56am
Quoting BrunargarFx
When I look at the last H4 bar, I'm still struggling as to how come we are not going down?!?
Is there a central bank buying this stuff or what?
I am also getting frustrated about it... How could it go so up...

Will close my short 3265
  • #13,328
  • Mar 23, 2012 8:15am Mar 23, 2012 8:15am
May be a DT forming?
Waiting for this candle on M15 to close. the wicks may indicate exhaustion of supply...

I am completely biaised with shorts, it's all I see: signals upon signals to go short. May be that's my problem and I can't see a reason to put a Long...

Any of you Bulls let me know what you are looking at?




Quoting Vladimir1987
I am also getting frustrated about it... How could it go so up...

Will close my short 3265
  • #13,329
  • Mar 23, 2012 8:18am Mar 23, 2012 8:18am
1.3222 level back in play.
It has now become the neckline of a potential DT (hopefully) forming..
  • #13,330
  • Mar 23, 2012 8:29am Mar 23, 2012 8:29am
Careful guys.

My advice: If you dont see setups on m15+ switch to m5 and m1
  • #13,331
  • Mar 23, 2012 8:33am Mar 23, 2012 8:33am
I see a DT on M15 and we are just at LTL of triangle formation.
Break 1.3223 and south we go


Quoting T@rantula
Careful guys.

My advice: If you dont see setups on m15+ switch to m5 and m1
  • #13,332
  • Mar 23, 2012 8:33am Mar 23, 2012 8:33am
Quoting T@rantula
Careful guys.

My advice: If you dont see setups on m15+ switch to m5 and m1
I do it all the time but recently entered at 4h signal and had a draw-down for 24 points and now looking if its going to break the hell of it...

Brunargarfx i also had just sells and got killed think 2 times.. Hope 3190 will be reached
  • #13,333
  • Mar 23, 2012 8:41am Mar 23, 2012 8:41am
Today I am in the green but not maximizing nothing. I entered Long and missed a good exit (I wasn't around so I have an excuse).
Entered a short @ 1.3248 and closed it for 10 miserable pips
Currently short 1.3245 but woudl close @ BE if needs be.
It seems that a lot is at stake today last chance to break 1.33?)



Quoting Vladimir1987
I do it all the time but recently entered at 4h signal and had a draw-down for 24 points and now looking if its going to break the hell of it...

Brunargarfx i also had just sells and got killed think 2 times.. Hope 3190 will be reached
  • #13,334
  • Mar 23, 2012 8:42am Mar 23, 2012 8:42am
Do you see any setup yourself T?
Quoting T@rantula
Careful guys.

My advice: If you dont see setups on m15+ switch to m5 and m1
  • #13,335
  • Mar 23, 2012 9:04am Mar 23, 2012 9:04am
Quoting Vladimir1987
I do it all the time but recently entered at 4h signal and had a draw-down for 24 points and now looking if its going to break the hell of it...

Brunargarfx i also had just sells and got killed think 2 times.. Hope 3190 will be reached
Higher Tfs are prone to a higher drawdown. 24 points on h4 is not much.

I trade m1 with 10-12 pips SL maximum, m15 -m30 SL is 15-35 pips. H1 is 30-50 pips S/L but i rarely trade it,its like set and forget.

H4 should have higher SL and drawdown is exponentially higher.

Quoting BrunargarFx
I see a DT on M15 and we are just at LTL of triangle formation.
Break 1.3223 and south we go
If we break 1.3223 yes down we go 3190-3170 but until that is cleared EU is prone to 3275 again.
  • #13,336
  • Mar 23, 2012 9:11am Mar 23, 2012 9:11am
Break of triangle formation to the south

Strong resistance on the UTL of that triangle
Still need to clear 3230 and 3212 (support line of yesterday upmove + known support)

Quoting T@rantula
Higher Tfs are prone to a higher drawdown. 24 points on h4 is not much.

I trade m1 with 10-12 pips SL maximum, m15 -m30 SL is 15-35 pips. H1 is 30-50 pips S/L but i rarely trade it,its like set and forget.

H4 should have higher SL and drawdown is exponentially higher.



If we break 1.3223 yes down we go 3190-3170 but until that is cleared EU is prone to 3275 again.
  • #13,337
  • Mar 23, 2012 9:14am Mar 23, 2012 9:14am
Quoting BrunargarFx
Break of triangle formation to the south

Strong resistance on the UTL of that triangle
Still need to clear 3230 and 3212 (support line of yesterday upmove + known support)
short @ 3230 sl 3255
  • #13,338
  • Mar 23, 2012 9:30am Mar 23, 2012 9:30am
Quoting huskyboy
short @ 3230 sl 3255
S/O that was fast, friday i guess
  • #13,339
  • Mar 23, 2012 9:31am Mar 23, 2012 9:31am
Thinking of closing this one its to jumpy and it dont want to go lower...
What a mess.
  • #13,340
  • Mar 23, 2012 9:39am Mar 23, 2012 9:39am
Friday, its usually like this...

Better to stay flat then to risk anything.
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