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  • #14,901
  • Jun 8, 2012 4:10am Jun 8, 2012 4:10am
That's right, absolutely no opportunity to reload S except on breaks
Quoting T@rantula
Would like to see 2445 but thats also what big boys expect, wouldnt surprise me if it bounces off 2452-5 just to screw pending orders. No reason to worry today, its Friday so anything is possible.

I just hate direct drop, that means shorting into support and that gives us no retrace.
  • #14,902
  • Jun 8, 2012 4:42am Jun 8, 2012 4:42am
Scalping L @ 1.247, TP: 1.2495
SL@BE
Quoting BrunargarFx
That's right, absolutely no opportunity to reload S except on breaks
  • #14,903
  • Jun 8, 2012 4:43am Jun 8, 2012 4:43am
Quoting T@rantula
Would like to see 2445 but thats also what big boys expect, wouldnt surprise me if it bounces off 2452-5 just to screw pending orders. No reason to worry today, its Friday so anything is possible.
Exactly THAT has happened.
  • #14,904
  • Jun 8, 2012 4:51am Jun 8, 2012 4:51am
Well done,
I saw that as it happened. How did you come up with this level?

Quoting T@rantula
Exactly THAT has happened.
  • #14,905
  • Jun 8, 2012 5:18am Jun 8, 2012 5:18am
closed for 10 pips
Ideally I'd like to see a pullback to 1.253 to reload but if we go above 1.254 this could mean a false break out.

But for the moment I'll stick my guns to 1.2405 and below. Hope we get a continuation move and break 1.244x
Quoting BrunargarFx
Scalping L @ 1.247, TP: 1.2495
SL@BE
  • #14,906
  • Jun 8, 2012 5:56am Jun 8, 2012 5:56am
Quoting BrunargarFx
closed for 10 pips
Ideally I'd like to see a pullback to 1.253 to reload but if we go above 1.254 this could mean a false break out.

But for the moment I'll stick my guns to 1.2405 and below. Hope we get a continuation move and break 1.244x
That might happen in NY, lets wait.
  • #14,907
  • Jun 8, 2012 5:58am Jun 8, 2012 5:58am
Quoting BrunargarFx
Well done,
I saw that as it happened. How did you come up with this level?
I had 52 as support ( previous support/resistance) and 50 is a natural s/r level, many times i have witnessed big money counter trade at the level just to screw retail pending orders.
  • #14,908
  • Jun 8, 2012 6:15am Jun 8, 2012 6:15am
USDX.. playing with week.. ppx and .618% and Quad..1 hr chart..am long at 2453
Attached Image (click to enlarge)
Click to Enlarge Name: usdx.jpg Size: 164 KB
  • #14,909
  • Jun 8, 2012 6:24am Jun 8, 2012 6:24am
nice entry. What's your SL and target?

Quoting danc
USDX.. playing with week.. ppx and .618% and Quad..1 hr chart..am long at 2453
  • #14,910
  • Jun 8, 2012 6:47am Jun 8, 2012 6:47am
Quoting BrunargarFx
nice entry. What's your SL and target?
stop is 35 under enter.. target no.. if it runs a bit i will take money.. stop not set in concrete.. i know u big on targets .. no me
  • #14,911
  • Jun 8, 2012 6:53am Jun 8, 2012 6:53am
I'm in L 1.2461, SL @ BE (not taking any chances). TP 1: 1.2495, TP2: 1.253
I'll let it run or close @ BE
Quoting danc
stop is 35 under enter.. target no.. if it runs a bit i will take money.. stop not set in concrete.. i know u big on targets .. no me
  • #14,912
  • Jun 8, 2012 6:56am Jun 8, 2012 6:56am
Gold, DJ, S&P etc are recovering from this overnight drop

Quoting BrunargarFx
I'm in L 1.2461, SL @ BE (not taking any chances). TP 1: 1.2495, TP2: 1.253

I'll let it run or close @ BE
  • #14,913
  • Jun 8, 2012 6:59am Jun 8, 2012 6:59am
S/O @BE
Quoting BrunargarFx
I'm in L 1.2461, SL @ BE (not taking any chances). TP 1: 1.2495, TP2: 1.253
I'll let it run or close @ BE
  • #14,914
  • Jun 8, 2012 7:09am Jun 8, 2012 7:09am
USDX.. 1 hr starting to roll over???
Attached Image (click to enlarge)
Click to Enlarge Name: usdx.jpg Size: 107 KB
  • #14,915
  • Jun 8, 2012 8:16am Jun 8, 2012 8:16am
If 2440 gets broken which should be, we should see 2415 and 2395 possible.

2470 and 2500 are intraday resistance now.
  • #14,916
  • Jun 8, 2012 8:48am Jun 8, 2012 8:48am
Unless people start taking their profit from their short before the weekend?
Somehow it doesn't feel as heavy since NY opened now. what do you think?
If teh UTL of the down channel get s broken we may see a retracement

Quoting T@rantula
If 2440 gets broken which should be, we should see 2415 and 2395 possible.

2470 and 2500 are intraday resistance now.
  • #14,917
  • Jun 8, 2012 8:58am Jun 8, 2012 8:58am
Quoting BrunargarFx
Unless people start taking their profit from their short before the weekend?
Somehow it doesn't feel as heavy since NY opened now. what do you think?
If teh UTL of the down channel get s broken we may see a retracement
Very hard to say anything now. Reasons: 1.Its Friday 2. Technically speaking 2410-20 should be the target 3. ATR has been overshot 4. A lot resistance up there but also a lot of support down there.

Hard to say anything, those who caught the move in late Asia have had the upper hand today, all others ( including me) needed to switch to low TFs and scalp it. And today it isnt easy, Its mostly hit and run.

If any longs are closed we should see 2410, if not 2470 and 2500 are resistances. Whatever u do, lower the risks as much as possible, and that means low leverage.
  • #14,918
  • Jun 8, 2012 9:26am Jun 8, 2012 9:26am
May I say your level of 1.247 was spot on (I had 1.2477 but I used yours to reload S)
Obama must be reading your thread, it started to go down from that level as he spoke


Quoting T@rantula
Very hard to say anything now. Reasons: 1.Its Friday 2. Technically speaking 2410-20 should be the target 3. ATR has been overshot 4. A lot resistance up there but also a lot of support down there.

Hard to say anything, those who caught the move in late Asia have had the upper hand today, all others ( including me) needed to switch to low TFs and scalp it. And today it isnt easy, Its mostly hit and run.

If any longs are closed we should see 2410, if not 2470 and 2500 are resistances. Whatever u do, lower the risks as much as possible, and that...
  • #14,919
  • Jun 8, 2012 9:57am Jun 8, 2012 9:57am
Quoting BrunargarFx
May I say your level of 1.247 was spot on (I had 1.2477 but I used yours to reload S)
Obama must be reading your thread, it started to go down from that level as he spoke
Hahha, who knows
  • #14,920
  • Jun 11, 2012 2:22am Jun 11, 2012 2:22am
Good morning guys.

Spanish bailout reaction has lifted currency pairs vs USD.
Watch the reaction around DPP to buy. 2665 is intraday resistance, if broken we can expect 2700
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