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  • #15,021
  • Jun 14, 2012 5:19am Jun 14, 2012 5:19am
Cable long 5518..off weeek ppx
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  • #15,022
  • Jun 14, 2012 5:26am Jun 14, 2012 5:26am
Quoting danc
Long 2546.. stop 2537
closed for28......
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  • #15,023
  • Jun 14, 2012 5:30am Jun 14, 2012 5:30am
EU.. closed for 28..
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  • #15,024
  • Jun 14, 2012 5:33am Jun 14, 2012 5:33am
Quoting danc
Cable long 5518..off weeek ppx
Closed for 23
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  • #15,025
  • Jun 14, 2012 6:31am Jun 14, 2012 6:31am
Well done Danc and guys, i did some shorts although stopped on BE, my charts still shows flat action with SLIGHTLY bullish bias but main FLATTISH range still not broken.
  • #15,026
  • Jun 14, 2012 6:36am Jun 14, 2012 6:36am
Those are the levels I have for afternoon:

MEDIAN 2575

BULLS: 2588 2594 2604 2615 2625 2631 (LPH)

BEARS: 2560 2555 2544 2534 2523 2518 (LPL)
  • #15,027
  • Jun 14, 2012 6:52am Jun 14, 2012 6:52am
Here you go guys, if u read my posts I told u yesterday that 2575 WILL be and IS an important level. Look how price reacts to it.

Thats what im saying, dont rush in the trades this PA is range bound and its flat by all means.
  • #15,028
  • Jun 14, 2012 7:23am Jun 14, 2012 7:23am
Cable was good for trading today... made a DB at ~5475, then after that DT at ~5540.

Congrats to Munal & danc on those.

I was on a break, nice day, walking with my wife & dog. Will trade again after this news, we could see some volatility. Anyway, news in 7 minutes.
  • #15,029
  • Jun 14, 2012 7:32am Jun 14, 2012 7:32am
All news worst then expected, stocks may react thus lowering exchange rate of dollar pairs.
  • #15,030
  • Jun 14, 2012 7:38am Jun 14, 2012 7:38am
On important USD data, I switch chart to Gold and watch, it reacts more violently than pairs. If it rocketing, than data is bad. I used that yesterday for one quick scalp on cable, cos u cant catch Gold that fast.
  • #15,031
  • Jun 14, 2012 7:44am Jun 14, 2012 7:44am
Quoting Chika Kure
On important USD data, I switch chart to Gold and watch, it reacts more violently than pairs. If it rocketing, than data is bad. I used that yesterday for one quick scalp on cable, cos u cant catch Gold that fast.
As you know ( you worked on stock exchange market ) bad data for USD usually strengthen the dollar and vice versa for good data. Good data weaken the dollar as investors put the money in stocks thus creating the lack of cash liquidity.

But these days we might have a slightly different situation due to EU zone and generally EU currency crisis.


Thats why i close my trade in any profit ( if i have any trade opened on news release) as soon as the news are released and wait for trend to be established.
  • #15,032
  • Jun 14, 2012 8:08am Jun 14, 2012 8:08am
Quadruple top on 2585 or not...
Interesting day... tight range.
Sitting on my hands atm protecting the daily profit.
  • #15,033
  • Jun 14, 2012 8:31am Jun 14, 2012 8:31am
Quoting Chika Kure
Quadruple top on 2585 or not...
Interesting day... tight range.
Sitting on my hands atm protecting the daily profit.
I have a new high of 2589
  • #15,034
  • Jun 14, 2012 8:36am Jun 14, 2012 8:36am
Check out the drop of Gold... I have a nice level (1626.20 drawn many days ago...), but was sitting on my hands... M5 candle of 120 pips DOWN...
  • #15,035
  • Jun 14, 2012 8:49am Jun 14, 2012 8:49am
Thats it, bull flag after a dip and break of the flag lead us higher. Market is neglecting Spanish bond yields and its going up per technicals.

2575 I told u

Attached Image


Pay attention to 2608 and the levels I gave u earlier.
  • #15,036
  • Jun 14, 2012 8:53am Jun 14, 2012 8:53am
Quoting T@rantula
Thats it, bull flag after a dip and break of the flag lead us higher. Market is neglecting Spanish bond yields and its going up per technicals.

2575 I told u

Attachment

Pay attention to 2608 and the levels I gave u earlier.
Camarilla levels are just there to help, dont have anything in common with the levels I usually post
  • #15,037
  • Jun 14, 2012 9:16am Jun 14, 2012 9:16am
Interesting on EUR atm...
We have 1.2600 as round number, than 2610 as yesterday high, 2620 as level from before, 2667 as fibo 38.2 level from May 1st downsving...

And a lot of talking in a background... which is cosing the short covering, volatility...
  • #15,038
  • Jun 14, 2012 6:24pm Jun 14, 2012 6:24pm
Quoting T@rantula
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.
PAy attention to this. Posted 32h ago.
  • #15,039
  • Jun 14, 2012 11:07pm Jun 14, 2012 11:07pm
Looking to sell 2760/75..reason why later..
  • #15,040
  • Jun 15, 2012 3:45am Jun 15, 2012 3:45am
Hello guys the targets I have posted have mostly been met, im not sure we will reach 2700+ today as there are Greek elections on Sunday which may put markets in turmoil.

Levels for today are:

MEDIAN: 2635

BULLS: 2647 2652 2661 2670 2678 2684 (LPH)

BEARS: 2623 2618 2609 2600 2591 2586 (LPL)

Intraday trend is bullish.
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