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  • #14,241
  • Apr 26, 2012 11:12am Apr 26, 2012 11:12am
Quoting T@rantula
Analysis for the afternoon stays the same. Sell the rallies while below 3275 85
And the analysis is valid again

Gz to all shorts today!
  • #14,242
  • Apr 27, 2012 3:10am Apr 27, 2012 3:10am
EURO am long at 3168.. stop3130.... reason at current low 3 ranges give fibo points at or around low.. cluster of pivot points at and below.. plus other..
  • #14,243
  • Apr 27, 2012 3:36am Apr 27, 2012 3:36am
Quoting danc
EURO am long at 3168.. stop3130.... reason at current low 3 ranges give fibo points at or around low.. cluster of pivot points at and below.. plus other..
Hey Danc, nice entry you got there, im a bit late for today.

We had some noce movement down yesterday. Its Friday so the techs may not be respected as such but here is how I see the things.

3280 is still major Intraday/week resistance. Intraday trend shifted to bearish with DPP standing as interim resistance ( 3206).

If we follow the trend there are 2 options. Selling close to DPP with 3224 as SL, or waiting for 3242 and selling it there 3242-50 with stops at 3280.

Targets are 3140 and 3120 but as I say its Friday so the technicals may not be respected well.
  • #14,244
  • Apr 27, 2012 3:37am Apr 27, 2012 3:37am
Quoting danc
EURO am long at 3168.. stop3130.... reason at current low 3 ranges give fibo points at or around low.. cluster of pivot points at and below.. plus other..
closed 3202..at resistance..quad and fibos..+34
  • #14,245
  • Apr 27, 2012 3:39am Apr 27, 2012 3:39am
Quoting danc
closed 3202..at resistance..quad and fibos..+34

3160 level + rising TL on H1 - 4 lows... I scalped it long once, then missed second time, good work.
  • #14,246
  • Apr 27, 2012 3:46am Apr 27, 2012 3:46am
Rumors are telling SNB might be buying EUR to maintain CHF stability, if that happens, screw the techs..
  • #14,247
  • Apr 27, 2012 3:53am Apr 27, 2012 3:53am
Quoting T@rantula
Rumors are telling SNB might be buying EUR to maintain CHF stability, if that happens, screw the techs..
T.....Is that rite..?? MM mite look to buy a few and hold..THKS..Beauty..Looks like it may go on with it Hey?
  • #14,248
  • Apr 27, 2012 4:01am Apr 27, 2012 4:01am
Quoting danc
T.....Is that rite..?? MM mite look to buy a few and hold..THKS..Beauty..Looks like it may go on with it Hey?
Yes especially because CHF is touching the floor at 1.2000. Latest SNB comments confirmed that.

http://www.forexlive.com/blog/2012/0...cap-of-1-2000/
  • #14,249
  • Apr 27, 2012 4:19am Apr 27, 2012 4:19am
Quoting T@rantula
Yes especially because CHF is touching the floor at 1.2000. Latest SNB comments confirmed that.

http://www.forexlive.com/blog/2012/0...cap-of-1-2000/
Couldnt have resisted that info, closed 1 at 3222.

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  • #14,250
  • Apr 27, 2012 4:32am Apr 27, 2012 4:32am
CLosed both. Buy on pullbacks. Its very hard for mid term and intraweek traders to trade this market.
We go to 3240 now.
Thats why I prefer intraday trading.
  • #14,251
  • Apr 27, 2012 4:44am Apr 27, 2012 4:44am
Quoting T@rantula
C
We go to 3240 now.
Here 3240 touched. Id like some retracement now
  • #14,252
  • Apr 27, 2012 4:58am Apr 27, 2012 4:58am
Quoting T@rantula
Here 3240 touched. Id like some retracement now
Hehe here it comes 3224 presently. Pretty logical aint it ?
  • #14,253
  • Apr 27, 2012 5:45am Apr 27, 2012 5:45am
Quoting T@rantula
Hehe here it comes 3224 presently. Pretty logical aint it ?
Advice for all who have problems trading market like these.

Always switch to lower TFs, its very hard to trade it intraweek mid term. Believe me those who tell u that they know where EU will go they LIE. THEY dont know.

Last week I was told by a "good" trader that EU would close below 2950...

Thats really..WTF? Read the analysis, switch to lower TFs, follow the market, embrace it! Mark my words once and for all:


REACT dont PREDICT. m1/m5 scalps work like charms and can be traded in hard market conditions. Longer TF trading is a loss or break even trade. Leave it..

Why would I wait for 100 pips for 1 % when we can make it in just a few hours of trading with 20 pips even surpassing that 1 %

REACTION!

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  • #14,254
  • Apr 27, 2012 6:55am Apr 27, 2012 6:55am
Sitting here watching 1 min Cable looking for short trade ..I have resistance from current top at 6234ish to 6260 ish..using rivers to put me short..
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  • #14,255
  • Apr 27, 2012 7:04am Apr 27, 2012 7:04am
same same on euud.. currently at monthly resistance mid pivot
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  • #14,256
  • Apr 27, 2012 7:45am Apr 27, 2012 7:45am
USDX..4 hr chart..looking for USDX to bounce from marked blue.. trendlines collide death zone and give short trade..will watch for 1 more hr no reaction am off to bed..not possible divergs on RSI and CCI
  • #14,257
  • Apr 27, 2012 7:52am Apr 27, 2012 7:52am
picture not working
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  • #14,258
  • Apr 27, 2012 7:58am Apr 27, 2012 7:58am
targets up 1.3274.. 1.3284 ..
targets down 1.3240.. 1.3204..

cheers
aligater
born to speculate
  • #14,259
  • Apr 27, 2012 1:16pm Apr 27, 2012 1:16pm
Hi guys/ladies, hope you are all keeping well and in the green.
I'll be back trading Monday afternoon.

B.
  • #14,260
  • Apr 30, 2012 1:32am Apr 30, 2012 1:32am
Thinking 13000 ish for short??for number of reasons on 4 hr.. day and week.. could be totaly wrong thou..
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