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  • #14,561
  • May 16, 2012 3:55am May 16, 2012 3:55am
Look at last 2 hourly candles at cable... price rejection from both directions... similar on EU and AU... not the time to hold trade if u entered this morning... only scalps IMO
  • #14,562
  • May 16, 2012 4:14am May 16, 2012 4:14am
Quoting T@rantula
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.

Attachment
You see...this is what i have been talking about. New HH and we will have to buy into dips for this day.
  • #14,563
  • May 16, 2012 4:38am May 16, 2012 4:38am
Break of 1.271 would be break of neckline of DT on M5 but also a symetrical triangle (break of LTL @ 1.2716) on M1
I'll short below
  • #14,564
  • May 16, 2012 4:42am May 16, 2012 4:42am
ECB is planning an emergency meeting today, things are getting v. serious.
Although 1.264 is my target today I hope we don't break it. I'm sure it will be heavily defended
  • #14,565
  • May 16, 2012 4:56am May 16, 2012 4:56am
retest of neckline @ 1.2709
so far so good
H1 close in 4mins, 1.264 still main target

Quoting BrunargarFx
Break of 1.271 would be break of neckline of DT on M5 but also a symetrical triangle (break of LTL @ 1.2716) on M1
I'll short below
  • #14,566
  • May 16, 2012 5:07am May 16, 2012 5:07am
Quoting BrunargarFx
retest of neckline @ 1.2709
so far so good
H1 close in 4mins, 1.264 still main target
Yes Mr. B. 2709 is important, below that 2695 2683 2676 2663 2641
  • #14,567
  • May 16, 2012 5:19am May 16, 2012 5:19am
S/O @ BE
Quoting T@rantula
Yes Mr. B. 2709 is important, below that 2695 2683 2676 2663 2641
  • #14,568
  • May 16, 2012 5:21am May 16, 2012 5:21am
Dips are being bought again.

2740>2695>? We need to see the pattern. If it makes new HH it will be buy the dips again.

Heavy range today with big intraday retracements. If u make an entry use lower poundage.
  • #14,569
  • May 16, 2012 5:27am May 16, 2012 5:27am
I now have a nice Bullflag on M5, we need to clean-break 1.2721 for further up

Quoting T@rantula
Dips are being bought again.

2740>2695>? We need to see the pattern. If it makes new HH it will be buy the dips again.

Heavy range today with big intraday retracements. If u make an entry use lower poundage.
  • #14,570
  • May 16, 2012 6:00am May 16, 2012 6:00am
Quoting T@rantula
Yes Mr. B. 2709 is important, below that 2695 2683 2676 2663 2641
Quoting T@rantula
2641 London projected low 2791 London projected top 2717 median point.
We are stuck between 2709-2719
  • #14,571
  • May 16, 2012 6:03am May 16, 2012 6:03am
Symetrical triangle on M5
I have 1.2704 - 1.2722
H1 close still seems more conducive to down
Quoting T@rantula
We are stuck between 2709-2719
  • #14,572
  • May 16, 2012 6:07am May 16, 2012 6:07am
I am long 2700.. stop 2765..USDx day chart major reason why..
Attached Image (click to enlarge)
Click to Enlarge Name: usdx.jpg Size: 106 KB
  • #14,573
  • May 16, 2012 6:12am May 16, 2012 6:12am
Quoting danc
I am long 2700.. stop 2765..USDx day chart major reason why..
Typo 2665?

I reckon we should have a retest of 2680 as major support lies at 2640/2625, but higher TFs also need a retracement.

Trend following suggest more down, but being oversold now doesnt help the bears pick a good entry.

Your position have a good logic as it can be good counterplay, just be sure not to overleverage.
  • #14,574
  • May 16, 2012 6:34am May 16, 2012 6:34am
Any attempt to go up higher than 1.274 has been crushed so far
Quoting T@rantula
Typo 2665?

I reckon we should have a retest of 2680 as major support lies at 2640/2625, but higher TFs also need a retracement.

Trend following suggest more down, but being oversold now doesnt help the bears pick a good entry.

Your position have a good logic as it can be good counterplay, just be sure not to overleverage.
  • #14,575
  • May 16, 2012 6:38am May 16, 2012 6:38am
Quoting BrunargarFx
Any attempt to go up higher than 1.274 has been crushed so far
NY will give us the answer, if it crushes the res,I dont see it going much higher today then 2775
  • #14,576
  • May 16, 2012 6:39am May 16, 2012 6:39am
Quoting T@rantula
Typo 2665?

I reckon we should have a retest of 2680 as major support lies at 2640/2625, but higher TFs also need a retracement.

Trend following suggest more down, but being oversold now doesnt help the bears pick a good entry.

Your position have a good logic as it can be good counterplay, just be sure not to overleverage.
Yeah..was T.. 2665 ish and no small possie siting here watching 1 min EU and UDx.. should have clased when it went 2730ish
  • #14,577
  • May 16, 2012 6:57am May 16, 2012 6:57am
Quoting danc
Yeah..was T.. 2665 ish and no small possie siting here watching 1 min EU and UDx.. should have clased when it went 2730ish
out that time for 30++finish for nite..
  • #14,578
  • May 16, 2012 6:59am May 16, 2012 6:59am
Quoting danc
Yeah..was T.. 2665 ish and no small possie siting here watching 1 min EU and UDx.. should have clased when it went 2730ish
It might go higher mate. Look at m5 candles.
  • #14,579
  • May 16, 2012 7:09am May 16, 2012 7:09am
long again 2736
  • #14,580
  • May 16, 2012 7:26am May 16, 2012 7:26am
Quoting danc
long again 2736
Nah i am out..
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