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EURUSD

  • #645,081
  • May 20, 2012 8:46pm May 20, 2012 8:46pm
Quoting Chicky
Don't know about you, but I prefer seeing a reversal before changing my direction. Sometimes it defies every support and resistance. Even if it doesn't, it is always good to first let it confirm a resistance / support. However, it is possible only if one is trading for a trade of 400/500 pips with 100/200 or so pip sl.
Don't know, what I really like is the Rocket Pocket.
Can't show that here, I would be disbarred for life.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #645,082
  • May 20, 2012 8:49pm May 20, 2012 8:49pm
Quoting ForExtraPips
LOL That's why I'm waiting for 1.2837 One 28 year sentence in cell block 37. Once price reaches there, then it's time for the "breakout."
I am a Class 2 misdemeanor in Virgina and will be out next month.
What you have done? I hope not a felony.
The Thief of Wall Street
  • #645,083
  • May 20, 2012 8:50pm May 20, 2012 8:50pm
Quoting BFSGcapital
short here, trendline from 1.328
eur is looking very strong but we need a pull back..
An opportunity lost is not a capital cost.
  • #645,084
  • May 20, 2012 8:52pm May 20, 2012 8:52pm
Quoting BFSGcapital
eur is looking very strong but we need a pull back..
This is a pullback. However, It has so far cleared only 1.2750
The Thief of Wall Street
  • #645,085
  • May 20, 2012 8:53pm May 20, 2012 8:53pm
Quoting Chicky
I am a Class 2 misdemeanor in Virgina and will be out next month.
What you have done? I hope not a felony.
I'm in a federal prison. Trying to mail a letter with food stamps instead of a postage stamp. I'm out in 90 days.
Time turns trend. - W.D. Gann
  • #645,086
  • May 20, 2012 9:00pm May 20, 2012 9:00pm
Quoting Chicky
This is a pullback. However, It has so far cleared only 1.2750
Yep. And my target is 1.2953
Time turns trend. - W.D. Gann
  • #645,087
  • May 20, 2012 9:03pm May 20, 2012 9:03pm
Quoting ForExtraPips
Yep. And my target is 1.2953
Seems a good target.

Mine is next top but I don't know where that will be. Will get out if it starts forming a top on 4H.
The Thief of Wall Street
  • #645,088
  • May 20, 2012 9:04pm May 20, 2012 9:04pm
Quoting Chicky
This is a pullback. However, It has so far cleared only 1.2750
I mean to the down side. How much it has retraced and this fast, it needs a pull back. But we'll see maybe there is something we dont know, like QE3.

I'm thinking intraday, sorry, not really talking about multiple day move
An opportunity lost is not a capital cost.
  • #645,089
  • May 20, 2012 9:06pm May 20, 2012 9:06pm
Quoting jayjb
watching if this m30 candle is favourable.. if not then i will take loss and close position
dont know your entry numbers but bears is close, how much you drowning ?
If you are new to Forex? Say Goodbye to your account!!
  • #645,090
  • May 20, 2012 9:08pm May 20, 2012 9:08pm
QE3 with the election in 6 months?
  • #645,091
  • May 20, 2012 9:10pm May 20, 2012 9:10pm
Quoting culibate
QE3 with the election in 6 months?
exactly lol and gas prices still high
An opportunity lost is not a capital cost.
  • #645,092
  • May 20, 2012 9:13pm May 20, 2012 9:13pm
Quoting ForExtraPips
Yep. And my target is 1.2953
Just noticed this.

The Yellow/Red cricle is at 1.2938 but there is a resistance at 1.2910. If that is taken, the next resistance is at 1.3034.
Attached Image (click to enlarge)
Click to Enlarge Name: 227.jpg Size: 81 KB
The Thief of Wall Street
  • #645,093
  • Edited 9:37pm May 20, 2012 9:20pm | Edited 9:37pm
Price bouncing off of the lows from May 15th, 28125 and falling trendline, this is why i expected a shortside pullback, also price exhaustion to the upside
Attached Image (click to enlarge)
Click to Enlarge Name: eurochart4.jpg Size: 255 KB
An opportunity lost is not a capital cost.
  • #645,094
  • May 20, 2012 9:39pm May 20, 2012 9:39pm
Quoting Chicky
Just noticed this.

The Yellow/Red cricle is at 1.2938 but there is a resistance at 1.2910. If that is taken, the next resistance is at 1.3034.
Interesting. And where the red lines are on my chart is where I'm looking for next possible resistance.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd4h555.jpg Size: 93 KB
Time turns trend. - W.D. Gann
  • #645,095
  • May 20, 2012 10:01pm May 20, 2012 10:01pm
Quoting ForExtraPips
Yep. And my target is 1.2953
is your target for today ? Do you think its gooing that far today ?
  • #645,096
  • May 20, 2012 10:12pm May 20, 2012 10:12pm
Looking forward to a spike up to short.
  • #645,097
  • May 20, 2012 10:13pm May 20, 2012 10:13pm
Quoting thevadd
is your target for today ? Do you think its gooing that far today ?
No. Longer term. 50% retracement from the fall on 5-01-12 to the bottom on 5-18-12.
Time turns trend. - W.D. Gann
  • #645,098
  • May 20, 2012 10:26pm May 20, 2012 10:26pm
Quoting ForExtraPips
No. Longer term. 50% retracement from the fall on 5-01-12 to the bottom on 5-18-12.
Do you have anything in mind for today target ?
  • #645,099
  • May 20, 2012 10:28pm May 20, 2012 10:28pm
Quoting thevadd
Do you have anything in mind for today target ?
Not at all. The high of 1.2812 could be the high for Monday. I have no idea.
Time turns trend. - W.D. Gann
  • #645,100
  • May 20, 2012 10:46pm May 20, 2012 10:46pm
Quoting KiwiTrada
dont know your entry numbers but bears is close, how much you drowning ?
sl was 20 pips.. but have closed at breakeven.. aussie still running with sl at be+1 and now 10 in green
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