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  • #15,001
  • Edited 10:56am Jun 13, 2012 9:51am | Edited 10:56am
Quoting T@rantula
WPP has been tested and bulls failed to close above, even if its technically ok if u follow intraday experience tells me that we could dip down after we have tested WPP
We dipped down to 2515 where EU was bought heavily I expected 2495 tbh, above 2560 bulls have the upper hand as I said and I have 2 important levels 2560 and 2575.

If bulls manage to STAY above 2575 then 2645 2700 and EVEN 2800 is possible.

I am on BE today, scored some losses and wins.
  • #15,002
  • Edited 10:56am Jun 13, 2012 9:56am | Edited 10:56am
Quoting T@rantula
We dipped down to 2515 where EU was bought heavily I expected 2495 tbh, above 2560 bulls have the upper hand as I said and I have 2 important levels 2560 and 2575.

If bulls manage to STAY above 2575 then 2645 2700 and EVEN 2800 is possible.

I am on BE today, scored some losses and wins.
Mark this level.
  • #15,003
  • Jun 13, 2012 1:06pm Jun 13, 2012 1:06pm
Back to desk.
+100 pips atm. I have 1.2646 on H4 as target. I'm thinking of letting it run tomorrow if it pushes higher, I'll move my SL accordingly. Planning to close all trade on Friday.

USDX at neckline of H&S formation in daily.


Quoting BrunargarFx
Long @ 1.25
TP: 1.2565 and if broken -> open to 1.262 & higher
SL: 1.243 (I won't be managing this trade today)
Reason of trade: 3 rejections of 1.244x level
  • #15,004
  • Jun 13, 2012 2:33pm Jun 13, 2012 2:33pm
sorry I meant 1.2622 on H4 and 1.2646 on daily
Quoting BrunargarFx
Back to desk.
+100 pips atm. I have 1.2646 on H4 as target. I'm thinking of letting it run tomorrow if it pushes higher, I'll move my SL accordingly. Planning to close all trade on Friday.

USDX at neckline of H&S formation in daily.
  • #15,005
  • Jun 14, 2012 1:40am Jun 14, 2012 1:40am
Thinking about short IF price makes a pullback to 1.55
Reasons: B-P-C setup regarding 1.55 round number (level) and TL of support switching to resistance retested
Attached Image (click to enlarge)
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  • #15,006
  • Jun 14, 2012 1:52am Jun 14, 2012 1:52am
My outlook:
As per the rules of this thread,i will post,chart with entry once my order is in.
Regards
Taz
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  • #15,007
  • Jun 14, 2012 2:27am Jun 14, 2012 2:27am
Hello all.

Price has been above 2560 and looking on higher TFs, it seems we can still retest 2640. If the price goes below 2530 that could change the overall picture to bearish and we will have to sell the rallies.
  • #15,008
  • Jun 14, 2012 2:48am Jun 14, 2012 2:48am
Quoting Chika Kure
Thinking about short IF price makes a pullback to 1.55
Reasons: B-P-C setup regarding 1.55 round number (level) and TL of support switching to resistance retested
Short 1.5498
SL 1.5516
TP1 5460/5450
TP2 5415/5400
  • #15,009
  • Jun 14, 2012 3:29am Jun 14, 2012 3:29am
Quoting Chika Kure
Short 1.5498
SL 1.5516
TP1 5460/5450
TP2 5415/5400
Nice going m8, have u scaled out, closed?
  • #15,010
  • Jun 14, 2012 3:44am Jun 14, 2012 3:44am
Quoting T@rantula
Nice going m8, have u scaled out, closed?
Nope, since setup is from H1 TF, I am holding the mofo.
Really slow mo atm, maybe market is waiting for europian CPI.
  • #15,011
  • Jun 14, 2012 3:45am Jun 14, 2012 3:45am
Quoting Chika Kure
Nope, since setup is from H1 TF, I am holding the mofo.
Really slow mo atm, maybe market is waiting for europian CPI.
I think that might be the case
  • #15,012
  • Jun 14, 2012 3:54am Jun 14, 2012 3:54am
Closing 1/4 on +20, SL on BE

addon, another 1/4 goes on +20
  • #15,013
  • Jun 14, 2012 4:01am Jun 14, 2012 4:01am
Nothing much on CPI, everything remains the same
  • #15,014
  • Jun 14, 2012 4:05am Jun 14, 2012 4:05am
We got DPP broken to the downside. ILL sell the next retrace to the upside if given the opportunity
  • #15,015
  • Jun 14, 2012 4:08am Jun 14, 2012 4:08am
Quoting T@rantula
We got DPP broken to the downside. ILL sell the next retrace to the upside if given the opportunity
Yep. Will do the same.

Still managing 1/2 leftover from my cable trade. Previous 3 hourly candles pretty much closed at 5480, which I dont like, but I am thinking that stronger support is at 5460, and plan to bank the rest there.
  • #15,016
  • Jun 14, 2012 4:39am Jun 14, 2012 4:39am
OK... plan was good, but trade was on +22 maximum.
Fear is sometimes good. I saw a double bottom formation after banking 1/2 on +20 pips, chickened that other 1/2 would be a waste (BE trade), so I banked that other half on +10.4. So, I had option to bank everything on +20, or give a trade chance to get to my TP, with partial banking along the way.

In case of holding, another 1/2 would be a BE now.
So, price is again on 1.55.
Make it or break it. Is it a DT there? I dont know. What I know, however, is that more than 1%+ is in the bag, so I can relax now.
  • #15,017
  • Jun 14, 2012 4:51am Jun 14, 2012 4:51am
GU
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  • #15,018
  • Jun 14, 2012 5:02am Jun 14, 2012 5:02am
Long 2546.. stop 2537
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  • #15,019
  • Jun 14, 2012 5:11am Jun 14, 2012 5:11am
USDx interesting 4 hr candle group.. will be interested to see were current one closes.. all on weekly and todays PPX.. 8224
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  • #15,020
  • Jun 14, 2012 5:14am Jun 14, 2012 5:14am
Quoting Munal
GU
Now........ easy pips
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