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  • #648,221
  • May 28, 2012 1:25am May 28, 2012 1:25am
there is possible for fake break out but i prefer to get long on retrace and short in moving average cross
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  • #648,222
  • May 28, 2012 1:26am May 28, 2012 1:26am
Quoting KiwiTrada
2nd partial added au 9855 sl 9875
added 3rd partial kiwi 7630 sl 7650
If you are new to Forex? Say Goodbye to your account!!
  • #648,223
  • May 28, 2012 1:29am May 28, 2012 1:29am
Quoting daemon_delux
Dax opened over because of the gap up, it's correlated imo. My outlook is still bearish, but my shorts are on a tight sl (~30 pips each). My guess is we'll be tapping 1.25 yet again today.

And yes, it's a guess, given the fundamentals yet. A surge in a poll is not enough for me.

LE : technically, the ony TF's we're over the 200SMA is 1min and 5min, the rest are under, and 30min is a bit under it, might tap and reverse at 1.2610-1.2615. So, eyes peeled, both technically and fundamentally.
gap size was not an issue , issue is above psychological level 6400 , now waiting for London to see it's game plan

edit now it's testing my broker 1h 100sma
Mohan
  • #648,224
  • May 28, 2012 1:35am May 28, 2012 1:35am
Quoting Johnny Bravo
possible short entry coming up if we break 900 and hold...
price will go to test the break of 1.25596 and give a run for the gap...looks highly unlikely it will go for the gap given no one is running the show today ...
on the other side break of 1.26019 and we are up to 158ish
900 not even tested...158 on the cards guys...
There are two opinions in this world, Mine and the wrong one...
  • #648,225
  • May 28, 2012 1:40am May 28, 2012 1:40am
Quoting Chicky
Short from here to 1.2560. SL 20 pips.
stopped out.
The Thief of Wall Street
  • #648,226
  • May 28, 2012 1:43am May 28, 2012 1:43am
There should be a stop hunt today. No momentum but price keeps rising.
  • #648,227
  • May 28, 2012 1:44am May 28, 2012 1:44am
Quoting Chicky
No. I closed that long. But waiting for trend reversal, maybe second week of June gives indication. No higher high on daily yet. But 4H giving a sign of trend reversal.
Hi Chicky, can you please show your 4h chart ? I mean trend reversal
Keep Simple...!
  • #648,228
  • May 28, 2012 1:48am May 28, 2012 1:48am
looking strong lets see how 1.2615/20 and 1.264 do
An opportunity lost is not a capital cost.
  • #648,229
  • May 28, 2012 1:52am May 28, 2012 1:52am
Looks like 1,263x is the next landing place.
If 1,2650 broken then it's heading to 1,267x

If there is an overshoot it should be 1,272x max
COT: The precious data ignored
  • #648,230
  • May 28, 2012 1:52am May 28, 2012 1:52am
Quoting kotlt
Hi Chicky, can you please show your 4h chart ? I mean trend reversal
Here it is. Waiting for a higher low.
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The Thief of Wall Street
  • #648,231
  • May 28, 2012 1:53am May 28, 2012 1:53am
Stop loss triggered.
Please, just slap me around if I'm being silly ...
  • #648,232
  • May 28, 2012 1:54am May 28, 2012 1:54am
I got 37 on my list before a minor at 49 and onwards to 73.
  • #648,233
  • May 28, 2012 1:55am May 28, 2012 1:55am
snap...looks like no short entry today anytime soon....
good luck to all those who are long...no long for me
me going for a nap
1.26158 is getting tested... a clear break up and its off to 1.265xx
There are two opinions in this world, Mine and the wrong one...
  • #648,234
  • May 28, 2012 1:55am May 28, 2012 1:55am
Man what is on going this has to run out off steam soon.
I got a short in at 125100,small one
Everybody has shorts in,catch it on the way down again.
  • #648,235
  • May 28, 2012 1:57am May 28, 2012 1:57am
Short 1.262 s/l 1.265

watch the 15m close

edit: moved s/l to 1.263 because thats a bit above the trendline

15m closed as doji top, we'll see
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An opportunity lost is not a capital cost.
  • #648,236
  • May 28, 2012 2:01am May 28, 2012 2:01am
Quoting BFSGcapital
Short 1.262 s/l 1.263

watch the 15m close
Hi all,ro and what is your tp level?
  • #648,237
  • May 28, 2012 2:01am May 28, 2012 2:01am
S 1.2615on M15 pin bar. 30pip SL.
  • #648,238
  • May 28, 2012 2:03am May 28, 2012 2:03am
Quoting binFX
S 1.2615on M15 pin bar. 30pip SL.
I don't like that PB....it didn't even close on the red side, and it didn't even touch 1,263x resistance area.
I'll pass on it, but good luck with it mate!
COT: The precious data ignored
  • #648,239
  • May 28, 2012 2:16am May 28, 2012 2:16am
Quoting kuroro001
I don't like that PB....it didn't even close on the red side, and it didn't even touch 1,263x resistance area.
I'll pass on it, but good luck with it mate!
Thank you very much, bro! Hope it'll go well.
  • #648,240
  • May 28, 2012 2:18am May 28, 2012 2:18am
Quoting forexings
Nice progress....
With very high risk, I have added long from 2508 with very tight stop at 2475
Closed at 2610. Euro looks fkin weak against small resistance.
I dunno if european cannot support their currency why the hell we will buy this euro crap.
Every time it's giving up at final stage. This is a total bullsh*t.
You cannot learn better without losing
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