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  • #14,541
  • May 15, 2012 8:13am May 15, 2012 8:13am
Quoting danc
short again from 2819..reason usdx has broken day 50% pont and pivot resistance.. like a run way train
Out for 39.. See Ya
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  • #14,542
  • Edited 9:14am May 15, 2012 8:42am | Edited 9:14am
I closed @ 1.2785,

Looks like levels are working, so I have put a L @ 1.2787 with SL 1.277

PS: PLease note that as it is countertrend, my stake on the Long is 1/4 of what I would usually use.
1.278 is holding but I may close my position early if there are no move up. I guess we need a little bit of fundies to go up
  • #14,543
  • May 15, 2012 9:18am May 15, 2012 9:18am
Excellent trades guys, everything goes well per analysis.
  • #14,544
  • May 15, 2012 10:09am May 15, 2012 10:09am
S/O: - 17
Quoting BrunargarFx
I closed @ 1.2785,

Looks like levels are working, so I have put a L @ 1.2787 with SL 1.277

PS: PLease note that as it is countertrend, my stake on the Long is 1/4 of what I would usually use.
1.278 is holding but I may close my position early if there are no move up. I guess we need a little bit of fundies to go up
  • #14,545
  • May 15, 2012 10:13am May 15, 2012 10:13am
Quoting BrunargarFx
S/O: - 17
ATR 112 ( w/o big retracement), this indicates stronger trend, good as u used lesser poundage. 2740 and 2720 are levels to watch for possible longs if any ( 16.15 gmt)
  • #14,546
  • May 15, 2012 10:25am May 15, 2012 10:25am
Yes 2720 would be the next now

Quoting T@rantula
ATR 112 ( w/o big retracement), this indicates stronger trend, good as u used lesser poundage. 2740 and 2720 are levels to watch for possible longs if any ( 16.15 gmt)
  • #14,547
  • May 15, 2012 10:40am May 15, 2012 10:40am
2780/85 could be good for reentering shorts. tight stop above 2794 should b sufficient.
  • #14,548
  • May 16, 2012 1:54am May 16, 2012 1:54am
Good morning.
This thing is tanking. My next level for a bounce is 1.263x on LTL (daily).
Can't re-enter short as there hasn't been any decent pullback so sitting on my hands and waiting to reload Short higher
  • #14,549
  • May 16, 2012 2:22am May 16, 2012 2:22am
Hello guys!!

And you are right Mr. B. This looks like good old times.

Sell the rallies. 1.2640 and 1.2625 are numbers where EU might bounce.

2641 London projected low 2791 London projected top 2717 median point.
  • #14,550
  • May 16, 2012 2:34am May 16, 2012 2:34am
2700 2707 2727 are levels where rallies could be sold. This is the 2nd swing in intraday downtrend. First swing started at 7.00 GMT
  • #14,551
  • May 16, 2012 2:35am May 16, 2012 2:35am
Quoting T@rantula
2700 2707 2727 are levels where rallies could be sold. This is the 2nd swing in intraday downtrend. First swing started at 7.00 GMT

i countered - went long at 1.2685.. 20pip sl... lets see
  • #14,552
  • May 16, 2012 2:53am May 16, 2012 2:53am
Quoting jaylovin
i countered - went long at 1.2685.. 20pip sl... lets see
Good entry m8... Nice triple bottom on M1.

Crucial level to downside is 2620/25 - bottom from mid January.
Was sitting on my hand this morning when Germans pushed it down from 2720..
  • #14,553
  • May 16, 2012 2:59am May 16, 2012 2:59am
2707 gave only 7 points before it went back testing it again. Id wait for more UP.
  • #14,554
  • May 16, 2012 2:59am May 16, 2012 2:59am
Quoting Chika Kure
Good entry m8... Nice triple bottom on M1.

Crucial level to downside is 2620/25 - bottom from mid January.
Was sitting on my hand this morning when Germans pushed it down from 2720..
i believe below 1.2671 means euro is done.. last line for hope is 1.2640 but i hope it doesn't reach there...1.2682 important level.. lets see how far this bounces up.. so far looking good
  • #14,555
  • May 16, 2012 3:15am May 16, 2012 3:15am
Excellent countering J !

Im still flat waiting for retrace to enter. HHs are keepin me away from entering short. 2727 watching it now. If it slices thru like butter, then I will look for 2740 reaction.
  • #14,556
  • May 16, 2012 3:20am May 16, 2012 3:20am
Quoting T@rantula
Excellent countering J !

Im still flat waiting for retrace to enter. HHs are keepin me away from entering short. 2727 watching it now. If it slices thru like butter, then I will look for 2740 reaction.
thanka buddy... missed entry that i should have taken at 1.2682 cause i spotted level too late... now i expect to visit 1.2833 - breaking 1.2845 and lets just keep going to 1.3085... the targets up top are:

1.3121 - which T mentioned as an important level prior to down move
1.3188
1.3256

lets see reactions as we go upwards... right now BE CAREFUL SHORTING... the big boys are out to play
  • #14,557
  • May 16, 2012 3:22am May 16, 2012 3:22am
Quoting jaylovin
lets see reactions as we go upwards... right now BE CAREFUL SHORTING... the big boys are out to play
Yes , that is very important! Patience.

As i have said many times before...If u miss an entry- WAIT! Its better to be flat sometimes.
  • #14,558
  • May 16, 2012 3:29am May 16, 2012 3:29am
This is a very straight line...
almost like a covering. I agree, let see how 1.274 behave
Quoting T@rantula
Excellent countering J !

Im still flat waiting for retrace to enter. HHs are keepin me away from entering short. 2727 watching it now. If it slices thru like butter, then I will look for 2740 reaction.
  • #14,559
  • May 16, 2012 3:32am May 16, 2012 3:32am
Quoting T@rantula
Yes , that is very important! Patience.

As i have said many times before...If u miss an entry- WAIT! Its better to be flat sometimes.
agree... chances are NY will bring this down to get a decent entry themsleves... FOMC tonight but a lot of buying power right now...
  • #14,560
  • May 16, 2012 3:52am May 16, 2012 3:52am
Quoting jaylovin
agree... chances are NY will bring this down to get a decent entry themsleves... FOMC tonight but a lot of buying power right now...
I got one scalp 10 pips 2724-2714 short.

The only reason I have closed it is that if it bounces up ( 2707-10 is important ) it can be a reversal of intraday trend that could lead to 2740-73.

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