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  • #675,801
  • Aug 6, 2012 4:19am Aug 6, 2012 4:19am
Looks like a bull trap. May flag for a while and then slam right back down IMO...be careful anyone thinking of adding to losing long positions.
  • #675,802
  • Aug 6, 2012 4:22am Aug 6, 2012 4:22am
15mins 100MA says it will be very hard to break 2405 if fail to break 2380 now.
Also now 2380 is a shield for 2400.
You cannot learn better without losing
  • #675,803
  • Aug 6, 2012 4:26am Aug 6, 2012 4:26am
Tried another short @ 23764, stop BE,same targets as before...
  • #675,804
  • Aug 6, 2012 4:27am Aug 6, 2012 4:27am
Quoting mohan76
DAx suppose to make new high on this wave (this month),let see

taken a short on it from these levels
  • #675,805
  • Aug 6, 2012 4:30am Aug 6, 2012 4:30am
it looks like it rebounded at 1.234x as some bulls were on standby, but the rebound is losing pace and it may fall even further down to 1.232X

EDIT : actually i dont know. This looks so unwilling to move in clear direction
  • #675,806
  • Aug 6, 2012 4:32am Aug 6, 2012 4:32am
Quoting MaxDoom
.....I am looking for an initial move down to 1.228x to 1.225x zone with a possible 30-40 pip retrace from around 1.233x on the way. this based on retrace targets for the move up from Thursdays low 1.213x
New short from 1.2374 it bounced nicely from 1.2341 for 37 pips so looking for downward continuence now.
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  • #675,807
  • Aug 6, 2012 4:34am Aug 6, 2012 4:34am
Bull badly need fresh buyers to pass through this danger stage.
Otherwise it will remain in 1.20 breakout risk.
You cannot learn better without losing
  • #675,808
  • Aug 6, 2012 4:35am Aug 6, 2012 4:35am
Quoting MaxDoom
New short from 1.2374 it bounced nicely from 1.2341 for 37 pips so looking for downward continuence now.
Just dont like everyone is looking for shorts makes me suspicious
  • #675,809
  • Aug 6, 2012 4:38am Aug 6, 2012 4:38am
Shorted @ 1.2367 SL @ 1.2388 TP @ 1.2330

Also taken a Buy for a PUT binary option on EURUSD for the next 2 hours i hope it closes below 2367 after 2 hours

Good Luck all
  • #675,810
  • Aug 6, 2012 4:41am Aug 6, 2012 4:41am
Quoting BlueGas
Just dont like everyone is looking for shorts makes me suspicious
The people on here are not 'everyone'. Oanda's ratio's are indicating a shift in momentum to net long. It's a bull trap.
  • #675,811
  • Aug 6, 2012 4:41am Aug 6, 2012 4:41am
Quoting MaxDoom
New short from 1.2374 it bounced nicely from 1.2341 for 37 pips so looking for downward continuence now.
nice spot
  • #675,812
  • Aug 6, 2012 4:42am Aug 6, 2012 4:42am
Quoting LA Forex
The people on here are not 'everyone'. Oanda's ratio's are indicating a shift in momentum to net long. It's a bull trap.
Also true
  • #675,813
  • Aug 6, 2012 4:42am Aug 6, 2012 4:42am
Quoting LA Forex
The people on here are not 'everyone'. Oanda's ratio's are indicating a shift in momentum to net long. It's a bull trap.
so u think its gonna dive now??

Im curious about what will happen when crazy americans open...
  • #675,814
  • Aug 6, 2012 4:43am Aug 6, 2012 4:43am
German govt. spokesman on wire, so far no much reactions
Mohan
  • #675,815
  • Aug 6, 2012 4:46am Aug 6, 2012 4:46am
Quoting mohan76
German govt. spokesman on wire, so far no much reactions
They are just s*it. They could attempt to spread another rumor to manipulate the market like 1.2053 spike
You cannot learn better without losing
  • #675,816
  • Aug 6, 2012 4:50am Aug 6, 2012 4:50am
Quoting divak
so u think its gonna dive now??

Im curious about what will happen when crazy americans open...
theres a rising trend channel on the 4hr chart, the top of which was hit in asia...looks to be moving down but will probably only make a higher low, perhaps not today though. I think this is just corrective, not a new trend.
  • #675,817
  • Aug 6, 2012 4:52am Aug 6, 2012 4:52am
Quoting forexings
They are just s*it. They could attempt to spread another rumor to manipulate the market like 1.2053 spike

this is a daily chart - how can you possibly call 1.2043 a spike !!
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  • #675,818
  • Aug 6, 2012 4:55am Aug 6, 2012 4:55am
It is my first time posting here. The pair eur/usd has been bearis from the morning. i wonder When america market open it will continous? Because Fed Chairman Bernanke will speak. I hope not becase i take buy from now
  • #675,819
  • Aug 6, 2012 4:57am Aug 6, 2012 4:57am
Quoting mohan76
German govt. spokesman on wire, so far no much reactions
What he said?
EU don't have a single white paper to print ESM banking license agreement?
Not impossible for them. lol
You cannot learn better without losing
  • #675,820
  • Edited 5:16am Aug 6, 2012 5:02am | Edited 5:16am
Quoting MaxDoom
this is a daily chart - how can you possibly call 1.2043 a spike !!
Did you miss 2250 oversell in your chart?
1.2 breakout was expected because traders sold blindly after 2250 was taken.
More hard they could sell CCI and Stoch could rapid up on small retracement.
You cannot learn better without losing
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