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EURUSD

  • #647,501
  • May 24, 2012 10:57pm May 24, 2012 10:57pm
Quoting mohan76
it's already Friday evening
it will be friday when I will wake up
Alternatives are more important than the plan itself
  • #647,502
  • May 24, 2012 11:06pm May 24, 2012 11:06pm
Looks like we're moving again folks.
  • #647,503
  • May 24, 2012 11:06pm May 24, 2012 11:06pm
My levels today 26-00-58.
  • #647,504
  • May 24, 2012 11:09pm May 24, 2012 11:09pm
Quoting jajano
why u long ??
at what price btw ?
2705
  • #647,505
  • May 24, 2012 11:11pm May 24, 2012 11:11pm
Quoting exquisite
2705
And you let it run til now?
  • #647,506
  • May 24, 2012 11:16pm May 24, 2012 11:16pm
Quoting eliteincome
Just wondering,i am holding a couple small longs.

I would prefer to let it climb than go short again,but at these low levels.

A retrace would be good for my account.

Wait an see I guess

everybody is talking short maybe because is a big bear market.. i would never go long right now - better let the big hands bring price up where needed to shoprt again - i have shorts coming from 1.3250, 1.30, 1.31, .. so on till 1.26 and looking to add on shorts.

This said , i hope your long goes well so i can enter short again!
Hudson Metrics
  • #647,507
  • May 24, 2012 11:20pm May 24, 2012 11:20pm
friday profit taking day usually, and 15m hammer. im long at 32
An opportunity lost is not a capital cost.
  • #647,508
  • May 24, 2012 11:26pm May 24, 2012 11:26pm
Short at 1.25441
  • #647,509
  • May 24, 2012 11:27pm May 24, 2012 11:27pm
Quoting almo
Short at 1.25441
watch out..

looks like quite a sharp reversal

look at 15m and 30m candles
An opportunity lost is not a capital cost.
  • #647,510
  • May 24, 2012 11:28pm May 24, 2012 11:28pm
Quoting KiwiTrada
whatever, scalping, trading whatever, bro, selling good supports with no stoploss is suicide, you getted away with it this time, there "will" be a time and S&R will do its thing and will wipe you out :nerd:
=) =)..
1M & 5M scalper. 1Malaysia..
  • #647,511
  • May 24, 2012 11:29pm May 24, 2012 11:29pm
30min bolinger squeeez! Lets see how long the bull is gonna go
  • #647,512
  • May 24, 2012 11:29pm May 24, 2012 11:29pm
Quoting BFSGcapital
watch out..

looks like quite a sharp reversal
Truth be told - I expect price to reach a max of 1.25946. I have another Sell Limit there as well, in the event that happens.

My trades are for 0.01 lots, so I have a lot of breathing room.
  • #647,513
  • May 24, 2012 11:30pm May 24, 2012 11:30pm
Quoting BFSGcapital
watch out..

looks like quite a sharp reversal

look at 15m and 30m candles
maybe some hope for you got a 5m g doji
An opportunity lost is not a capital cost.
  • #647,514
  • May 24, 2012 11:32pm May 24, 2012 11:32pm
For those on shorts.

Becareful guys there might be a reversal!!
Attached Image (click to enlarge)
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  • #647,515
  • May 24, 2012 11:32pm May 24, 2012 11:32pm
Short 1.2573 with add-on short 1.2588 target 1.2450 stop 1.2595
Hudson Metrics
  • #647,516
  • May 24, 2012 11:36pm May 24, 2012 11:36pm
Quoting Crassius
There are a bunch of exotic options protecting 1.2500 that roll off at the end of the week... things like No Touch....

That could go two ways.... it keeps price away from 1.2500... or it gets hit and suddenly some support disappears when there is no longer any financial incentive to keep price from touching 1.2500...

I tend to think we need a re-test of the Jan low break before we go lower... hanging onto a short position and hope to add on a re-test.

orders to add at

1.2618
and 1.2668
I posted the above yesterday evening...

This morning I am hearing that there are large bids defending 1.2500 from option related interests.

It will take some work to get through this level today... but we may see accelerated selling if these option interests are defeated and their bids are pulled as they capitulate.
  • #647,517
  • May 24, 2012 11:37pm May 24, 2012 11:37pm
Best on your trades


Cya all in about 6 hrs
  • #647,518
  • May 24, 2012 11:40pm May 24, 2012 11:40pm
Quoting BFSGcapital
watch out..

looks like quite a sharp reversal

look at 15m and 30m candles

Reversal to which point you mean?
  • #647,519
  • May 24, 2012 11:48pm May 24, 2012 11:48pm
Quoting damjankp1
Reversal to which point you mean?
I'm holding until I see price action resistance, or 1.26 area as a target for todays profit taking. Maybe 1.262 or 1.264 will cap it

testing daily pivot now, doubt it will be a problem
An opportunity lost is not a capital cost.
  • #647,520
  • May 24, 2012 11:51pm May 24, 2012 11:51pm
I am still not convinced enough to long. Will change my stance if it breaks 60. Pending long there.
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