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  • #651,521
  • Jun 5, 2012 1:45am Jun 5, 2012 1:45am
Well, I would recommend shortist TP@ 95 first before adding more shorts if it goes.

At least that was my plan.
  • #651,522
  • Jun 5, 2012 1:46am Jun 5, 2012 1:46am
Quoting daemon_delux
Yup, Italian bonds were spreadening since few days ago. It's another good day for the bulls, isn't it? NY's gonna trash this shit later on tonight, and so are all the retailers.

THANK YOU BRIDGEWATER!
Did you say another day for the "bulls"?
Simple is powerful all the time.
  • #651,523
  • Jun 5, 2012 1:47am Jun 5, 2012 1:47am
Been away from FF for a couple of months but back in the saddle now...

Hourly appears to have completed an ABC correction of the drop down from 28th May.

A break above 1.2541 will negate this view otherwise we should see a test of 1.2278.
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  • #651,524
  • Jun 5, 2012 1:47am Jun 5, 2012 1:47am
Quoting Esssex
Well, I would recommend shortist TP@ 95 first before adding more shorts if it goes.

At least that was my plan.
Entered buy at 1.2495, target 5-20pips
TRADE WHAT U SEE NOT WHAT U WANT TO SEE.
  • #651,525
  • Jun 5, 2012 1:50am Jun 5, 2012 1:50am
Quoting MaxDoom
Been away from FF for a couple of months but back in the saddle now...

Hourly appears to have completed an ABC correction of the drop down from 28th May.

A break above 1.2541 will negate this view otherwise we should see a test of 1.2278.
I wish I could trade that long term. IMO its hard to make that kind of call with all this support still holding. I mean how do you know it won't bounce off support levels, how do you know its down to 1.2278?

I like to take it step by step. Will look for that level if we re enter the primary bear channel, and if the mini bull channel breaks down

Welcome back and good luck
An opportunity lost is not a capital cost.
  • #651,526
  • Jun 5, 2012 1:51am Jun 5, 2012 1:51am
Its funny see how the people talk about 1.2650...1.27 or even more...then we go down 30 pips and everybody is talking about 1.22XX
  • #651,527
  • Jun 5, 2012 1:52am Jun 5, 2012 1:52am
Im short
  • #651,528
  • Jun 5, 2012 1:52am Jun 5, 2012 1:52am
Quoting sukkim
Entered buy at 1.2495, target 5-20pips
risky, but we are due for a slight bounce here it seems

being under 1.25 makes it kind of hard to want to go long even for a scalp here
An opportunity lost is not a capital cost.
  • #651,529
  • Jun 5, 2012 1:53am Jun 5, 2012 1:53am
Quoting MaxDoom
Been away from FF for a couple of months but back in the saddle now...

Hourly appears to have completed an ABC correction of the drop down from 28th May.

A break above 1.2541 will negate this view otherwise we should see a test of 1.2278.
Welcome back, Max. Must admit, I missed you and cloggie.

Hope you're back to making green pips now :* and yes, I said a good day for the bulls ... to lose everything they had. Was being sarcastic. Holding my short to at least 1.245x before TP-ing. Probably 1st tp will be at 1.2458x, second at 1.2422.
Please, just slap me around if I'm being silly ...
  • #651,530
  • Jun 5, 2012 1:54am Jun 5, 2012 1:54am
Levels for today:

2504
2466

I will be looking to long at 2466.
  • #651,531
  • Jun 5, 2012 1:54am Jun 5, 2012 1:54am
Quoting BFSGcapital
risky, but we are due for a slight bounce here it seems

being under 1.25 makes it kind of hard to want to go long even for a scalp here
Yes, especially if we close under(1H TF).
  • #651,532
  • Jun 5, 2012 1:55am Jun 5, 2012 1:55am
loving the 4hr evening star, if we end up closing that way.
An opportunity lost is not a capital cost.
  • #651,533
  • Jun 5, 2012 1:55am Jun 5, 2012 1:55am
Next H4 close in 5 mins. Will see the opening and the candle. But it looks like more downside if it closes like this, under 25.
Please, just slap me around if I'm being silly ...
  • #651,534
  • Jun 5, 2012 1:56am Jun 5, 2012 1:56am
OK, I agree. Let's see...
TRADE WHAT U SEE NOT WHAT U WANT TO SEE.
  • #651,535
  • Jun 5, 2012 1:56am Jun 5, 2012 1:56am
  •  alsi
  • | Joined Mar 2012 | Status: The chart is the footprint of money | 40 Posts
price at support at 96 if broken then next is 2486 which is also the tip of the 34EMA
  • #651,536
  • Jun 5, 2012 1:56am Jun 5, 2012 1:56am
Hourly close below 1.2505 will lead to 1.2483..
  • #651,537
  • Jun 5, 2012 1:57am Jun 5, 2012 1:57am
Evening star and bearish engulfing, if we close the H4 like this.
Please, just slap me around if I'm being silly ...
  • #651,538
  • Jun 5, 2012 1:59am Jun 5, 2012 1:59am
Quoting daemon_delux
1.2498? Won't she go lower?

LE : SL @ BE
I not saying that, is just the bottom of my zone for entry today, there is various supports about, not know what you have, but one I watching closely is the 4hr falling tl, which her breached (this pop) will see if retest of that tl holds, if her does, she could reject and pop up if it not hold, shorts should be good for some nice pips,
If you are new to Forex? Say Goodbye to your account!!
  • #651,539
  • Jun 5, 2012 2:00am Jun 5, 2012 2:00am
and we fail to hold. i love watching price action during minute before large TF close
An opportunity lost is not a capital cost.
  • #651,540
  • Jun 5, 2012 2:01am Jun 5, 2012 2:01am
gm all
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