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  • #647,521
  • May 25, 2012 1:55am May 25, 2012 1:55am
Quoting Esssex
I am still not convinced enough to long. Will change my stance if it breaks 60. Pending long there.
what a coincidence, i closed 1/4 position at 60. But this is looking too bullish, I'm guessing the big boys (i honestly hate that term but i use it anyway) want their options profit
An opportunity lost is not a capital cost.
  • #647,522
  • May 25, 2012 1:58am May 25, 2012 1:58am
Quoting BFSGcapital
what a coincidence, i closed 1/4 position at 60. But this is looking too bullish, I'm guessing the big boys (i honestly hate that term but i use it anyway) want their options profit
Yeah, 60 is the level to beat if this bull wants to continue. I don't think it will but it really depends on what London wants to do and whatever he wants to do, just be ready.

What options are expiring today?
  • #647,523
  • May 25, 2012 2:04am May 25, 2012 2:04am
1.26 , 1.2630 , 1.2635 option expiring.
  • #647,524
  • May 25, 2012 2:06am May 25, 2012 2:06am
Still holding a long 1,2535...stop highered to 1,2520.
First target 1,2640
COT: The precious data ignored
  • #647,525
  • May 25, 2012 2:07am May 25, 2012 2:07am
Quoting Esssex
I am still not convinced enough to long. Will change my stance if it breaks 60. Pending long there.
where is your take profit
  • #647,526
  • May 25, 2012 2:08am May 25, 2012 2:08am
Quoting kuroro001
Still holding a long 1,2535...stop highered to 1,2520.
First target 1,2640
when do you expect it to get to your take profit.
  • #647,527
  • May 25, 2012 2:09am May 25, 2012 2:09am
We are now at 2565 which is the 50% to my target of 2611 and will then close my trade.
  • #647,528
  • May 25, 2012 2:11am May 25, 2012 2:11am
2560 short
looking for investors . pm me
  • #647,529
  • May 25, 2012 2:11am May 25, 2012 2:11am
This is insane, there has to be a pull back here... but once there is there's little doubt in my mind 1.26 will be hit.
An opportunity lost is not a capital cost.
  • #647,530
  • May 25, 2012 2:12am May 25, 2012 2:12am
Quoting exquisite
when do you expect it to get to your take profit.
1,2640 is my target.
But there are a few resistances before it. I've got 1,2575 and 1,2605.
The thing is 1,2605 was breached yesterday but it couldn't close above it (5mn), so i'm expecting another run up higher.

Time will tell as they say
COT: The precious data ignored
  • #647,531
  • Edited 2:30am May 25, 2012 2:14am | Edited 2:30am
with breaks 2565 , next limit goes up 2615 , cretical previous 2624 to even limit 2642 price remain still in the strong bear area & can initiate at any level & not worry yet for bears . confirmation down 2516.
fontu
Attached Image (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #647,532
  • May 25, 2012 2:16am May 25, 2012 2:16am
Quoting exquisite
where is your take profit
10. It's a major resistance.
  • #647,533
  • May 25, 2012 2:16am May 25, 2012 2:16am
Quoting kuroro001
1,2640 is my target.
But there are a few resistances before it. I've got 1,2575 and 1,2605.
The thing is 1,2605 was breached yesterday but it couldn't close above it (5mn), so i'm expecting another run up higher.

Time will tell as they say
i don't see us breaching 1.26 today, risk aversion, no news, no basis, more downside pressure.
  • #647,534
  • May 25, 2012 2:19am May 25, 2012 2:19am
Quoting freethug
i don't see us breaching 1.26 today, risk aversion, no news, no basis, more downside pressure.
Risk aversion? What risk aversion?

All asset classes are actually showing risk on today.
  • #647,535
  • May 25, 2012 2:20am May 25, 2012 2:20am
Quoting GreatNorth
We are now at 2565 which is the 50% to my target of 2611 and will then close my trade.
With attachment
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  • #647,536
  • May 25, 2012 2:21am May 25, 2012 2:21am
Quoting freethug
i don't see us breaching 1.26 today, risk aversion, no news, no basis, more downside pressure.
Because there are no news, maybe the technical analysis will be a good indicator for today.

According to my charts(FIBs) it will easily retrace to 1.26...
  • #647,537
  • May 25, 2012 2:26am May 25, 2012 2:26am
Quoting kuroro001
1,2640 is my target.
But there are a few resistances before it. I've got 1,2575 and 1,2605.
The thing is 1,2605 was breached yesterday but it couldn't close above it (5mn), so i'm expecting another run up higher.

Time will tell as they say
Hey kuroro, i hope you're having a nice day.. i just wanted to ask what methods you use to determine your supports and resistances... because you always post them and yet I never understand the reasoning behind them.

do you mind explaining today's numbers by any chance?
Daily Target: 20 pips
  • #647,538
  • May 25, 2012 2:35am May 25, 2012 2:35am
Quoting fxanonymous
Hey kuroro, i hope you're having a nice day.. i just wanted to ask what methods you use to determine your supports and resistances... because you always post them and yet I never understand the reasoning behind them.

do you mind explaining today's numbers by any chance?
Hi mate! All good today, i hope yours is good as well!

It's pretty simple, i look at the H1 chart and draw my area of S/R based on the past moves. So it's all manual to me...i try to look at the most accurates S/R

http://www.forexfactory.com/showthre...82#post5494382

Check that post to have an idea.
COT: The precious data ignored
  • #647,539
  • May 25, 2012 2:50am May 25, 2012 2:50am
75 is putting up helluva good fight.
  • #647,540
  • May 25, 2012 2:50am May 25, 2012 2:50am
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