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  • #663,401
  • Jun 29, 2012 8:28am Jun 29, 2012 8:28am
Good day to you,

Selling here for a small 20 pip scalp. In @ 1.2681. we have divergence on 1hr.

Could be wrong. SL @ 1.2700
  • #663,402
  • Jun 29, 2012 8:30am Jun 29, 2012 8:30am
Sold [email protected] SL :1.270 Tgt: 1.2655
Next Buy limit at 1.2623
"Study the past if you would define the future." Confucius
  • #663,403
  • Jun 29, 2012 8:30am Jun 29, 2012 8:30am
Quoting at2au
Sorry you mean 1.38 right
Might as well say 1.80000 in 2013 lol!
  • #663,404
  • Jun 29, 2012 8:31am Jun 29, 2012 8:31am
game's over?
  • #663,405
  • Jun 29, 2012 8:32am Jun 29, 2012 8:32am
But don't cross the streams. Break and re test previous* top from last week for add more long.
Founder of Sutherland Wave Principle
  • #663,406
  • Jun 29, 2012 8:32am Jun 29, 2012 8:32am
I think what strikes me more then anything about this spike up currently is that I would have expected ALOT more profit taking. It looks like currently the levels are relatively stable for such a huge spike up. This may really be the start of a bullish move in the EUR/USD.
  • #663,407
  • Jun 29, 2012 8:32am Jun 29, 2012 8:32am
Quoting sukkim
Which GMT(+/-) you use for pivot calculate? I couldn't see R3 1.2692 on my chart. I use London time (+1 GMT).
I use 5pm (1700) to 5 pm (1700) New York (GMT +5).... which is also what the futures traders use... I believe the most number of traders/analysts use this template.

The next most popular would be Midnight GMT to Midnight GMT.
  • #663,408
  • Jun 29, 2012 8:33am Jun 29, 2012 8:33am
Looks like its carving out a top on M5. Going short. SL: 1.26945. TP: 1.26270.
  • #663,409
  • Jun 29, 2012 8:33am Jun 29, 2012 8:33am
Quoting Rtm
This thing is not turned to bullish yet bitches look at the fucking weekly!!! The further back in time you go with too the better it gets for bears.
Looks good for longs to me. Plenty of room to go up, and has gone up long from this point in the past. On weekly maybe even an inverted head and shoulders forming................bitches.

Was someone caught short at the start of the long move, sold at the bottom did we?
  • #663,410
  • Jun 29, 2012 8:34am Jun 29, 2012 8:34am
Quoting Crassius
This reminds me of the Tulip market in 1637 --
I have actually heard of that. Its insane. I got a bit burned earlier today, and just watched a while. It was too strong to fight. Not in the mood to ice skate uphill or swim up stream - Im not a salmon. Switched my positions with half lots and made a little back. Make stay up for two hours and scalp a little.

Anyone straight up trading or scalping today?
  • #663,411
  • Jun 29, 2012 8:36am Jun 29, 2012 8:36am
It's best 2 scalp until the ecb meeting next week.. Or until the details of the plan emerges..
  • #663,412
  • Jun 29, 2012 8:38am Jun 29, 2012 8:38am
Quoting pengjunwen
It's best 2 scalp until the ecb meeting next week.. Or until the details of the plan emerges..
Gotta love a pop like this across the board and no official plan.
  • #663,413
  • Jun 29, 2012 8:40am Jun 29, 2012 8:40am
Another bull flag forming on 5m
Fall seven times, stand up Eight! #GGMU
  • #663,414
  • Jun 29, 2012 8:40am Jun 29, 2012 8:40am
I guess it's just a very huge short covering.. Remember that almost everyone was calling out shorts for the pass few weeks.. So i guess u can tell what's up..
  • #663,415
  • Jun 29, 2012 8:41am Jun 29, 2012 8:41am
Quoting vickym
Another bull flag forming on 5m
holy shit, i think u r right
  • #663,416
  • Jun 29, 2012 8:45am Jun 29, 2012 8:45am
Short On EUR USD at 1.2672 , Tight stops at 1.2690 , Take profit Open ... Anyone with same View ??
Human
  • #663,417
  • Jun 29, 2012 8:46am Jun 29, 2012 8:46am
Quoting pengjunwen
I guess it's just a very huge short covering.. Remember that almost everyone was calling out shorts for the pass few weeks.. So i guess u can tell what's up..
It is. When I experienced the Ridiculous Pop of June 29th, I was trying to figured out what caused it. I found a video from yesterday around 7pm that said if a short cover did happen it would be intense like the last few squeezes.

Does anyone have an indicator or way of seeing a sharp jump in volatility or PA?
  • #663,418
  • Jun 29, 2012 8:47am Jun 29, 2012 8:47am
Quoting Chanya
Short On EUR USD at 1.2672 , Tight stops at 1.2690 , Take profit Open ... Anyone with same View ??
short @ 1.2687 sl 1.2715 tp is open here

good luck !!
“Don't cry because it's over, smile because it happened.”
  • #663,419
  • Jun 29, 2012 8:47am Jun 29, 2012 8:47am
Quoting TauTrader
Good day to you,

Selling here for a small 20 pip scalp. In @ 1.2681. we have divergence on 1hr.

Could be wrong. SL @ 1.2700
Ok closing for a few - gotta go to town. The wife is giving me the twice over - not seen in months...

Serious sh*t. I promise.

Super week-end.

Regards
  • #663,420
  • Jun 29, 2012 8:47am Jun 29, 2012 8:47am
Quoting Crassius
I use 5pm (1700) to 5 pm (1700) New York (GMT +5).... which is also what the futures traders use... I believe the most number of traders/analysts use this template.

The next most popular would be Midnight GMT to Midnight GMT.
Yes, I got it. Thank you.
TRADE WHAT U SEE NOT WHAT U WANT TO SEE.
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