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  • #660,341
  • Jun 21, 2012 1:23am Jun 21, 2012 1:23am
Quoting disegnosys
This is my Market 24 Hour Session Open Price (1.27052). How do you get yours?

Cheers
My view of today;

If the Markets close above; 1.2695 we are looking at 1.2802 before end of week,

Alternative we are looking at 1.2617 as today low
  • #660,342
  • Jun 21, 2012 1:26am Jun 21, 2012 1:26am
Ok, thanks.

Quoting sukkim
I am taking from the daily candlestick chart.
  • #660,343
  • Jun 21, 2012 1:30am Jun 21, 2012 1:30am
Thanks,good read

These levels catch many traders on the wrong side off these dips,no doubt the banks are playing around.
Patterns an waves all over the place.
Still good fun learning
  • #660,344
  • Jun 21, 2012 1:32am Jun 21, 2012 1:32am
Quoting F-Rex
Next 3.5 hours will be slow with almost no move, then 1.266 will be tested again and afterwards we will know the direction of tomorrow and maybe the rest of the week...

Catch some sleep before it happens
The test of 1.266 is still not over, if this 4 hour bar can close under 1.267, I think we will see 1.25x again, otherwise I'm opening long to block the short reversal.

London will decide
  • #660,345
  • Jun 21, 2012 1:38am Jun 21, 2012 1:38am
Best regards,
Pico.
  • #660,346
  • Jun 21, 2012 1:39am Jun 21, 2012 1:39am
Ya, looking at all the reports to come I agree on that.


Quoting F-Rex
The test of 1.266 is still not over, if this 4 hour bar can close under 1.267, I think we will see 1.25x again, otherwise I'm opening long to block the short reversal.

London will decide
  • #660,347
  • Jun 21, 2012 1:40am Jun 21, 2012 1:40am
Quoting Chicky
If this and the next hour closes above that, we are going higher.

For those who favor bulls, may like to buy above 1.2726 with sl below 1.2687. Not now, wait until it closes above 1.2687.

1,2687 is also a good level for a short scalp with a few pip sl.
I must exit now.
Attached Image (click to enlarge)
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TRADE WHAT U SEE NOT WHAT U WANT TO SEE.
  • #660,348
  • Jun 21, 2012 1:50am Jun 21, 2012 1:50am
Eurozone PMI's coming out over the next hour should give us some direction.... since Eurozone is in recession, they will likely disappoint....

There also is a Spanish debt auction results usually come in around 5AM EST...2 hours and 10 minutes from this post....

These PMI's will get us started for the day though.... I expect a sell off...
  • #660,349
  • Jun 21, 2012 1:56am Jun 21, 2012 1:56am
Quoting Chicky
If this and the next hour closes above that, we are going higher.

For those who favor bulls, may like to buy above 1.2726 with sl below 1.2687. Not now, wait until it closes above 1.2687.

1,2687 is also a good level for a short scalp with a few pip sl.

Hey Chicky, on spot!
where did you get 1.2687? What is it?
As Above, So Below
  • #660,350
  • Jun 21, 2012 1:58am Jun 21, 2012 1:58am
French PMI higher than expected... that's a surprise...
  • #660,351
  • Jun 21, 2012 2:07am Jun 21, 2012 2:07am
Quoting Crassius
French PMI higher than expected... that's a surprise...
market DOWN and then UP and then DOWN and then ...
  • #660,352
  • Jun 21, 2012 2:08am Jun 21, 2012 2:08am
Quoting legenday
market DOWN and then UP and then DOWN and then ...
Further down? ;-)
  • #660,353
  • Jun 21, 2012 2:14am Jun 21, 2012 2:14am
News driven day. Going to be betting on good figures. Long @80, speculative trade, SL@60.
  • #660,354
  • Jun 21, 2012 2:19am Jun 21, 2012 2:19am
it may touch 2710 after german flash pmi,long @72 ,no sl
Sometimes it's better to be wrong,to learn..
  • #660,355
  • Jun 21, 2012 2:20am Jun 21, 2012 2:20am
Quoting legenday
market DOWN and then UP and then DOWN and then ...
German Flash PMI might direction (not the data , reaction after data)
Mohan
  • #660,356
  • Jun 21, 2012 2:20am Jun 21, 2012 2:20am
Triangle?
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TRADE WHAT U SEE NOT WHAT U WANT TO SEE.
  • #660,357
  • Jun 21, 2012 2:24am Jun 21, 2012 2:24am
its so funny when people trade with news... it just like there want catching a fish but their got squid
  • #660,358
  • Jun 21, 2012 2:25am Jun 21, 2012 2:25am
German PMI's next up ---

as a reminder last months was the worst since June 2009
  • #660,359
  • Jun 21, 2012 2:26am Jun 21, 2012 2:26am
Quoting Izanami
its so funny when people trade with news... it just like there want catching a fish but their got squid
Says the sour grapes.
  • #660,360
  • Jun 21, 2012 2:28am Jun 21, 2012 2:28am
German Manufactoring PMI the more important of the two since Germany is an export country---

misses to downside
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