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  • #677,081
  • Aug 8, 2012 1:31am Aug 8, 2012 1:31am
Quoting KillerWhale
going south 30 pips or so
1.2336 is next support
New voice message: Why are you calling me? If I need you, I'll call you!
  • #677,082
  • Aug 8, 2012 1:31am Aug 8, 2012 1:31am
Quoting fxkiller
no! Its you..!

You guys are selling on 75 level, even if you see that 65-60 is a strong support..

btw i am still holding my short too from 2440 with sl on 2390.. and also looking for the downside, but entry should be perfect.

i saw atleast 5-6 traders here with shorts at this current level, which is just a mistake and a risk trade.. nobody knows, if this crack for down or not..
  • #677,083
  • Aug 8, 2012 1:35am Aug 8, 2012 1:35am
Quoting fxkiller
btw i am still holding my short too from 2440 with sl on 2390.. and also looking for the downside, but entry should be perfect.

i saw atleast 5-6 traders here with shorts at this current level, which is just a mistake and a risk trade.. nobody knows, if this crack for down or not..
Glad you got a perfect short

Some dont' mind risking 5 pips to make 30 (i certainly dont). 77/80 is a broken support level so its actually quite low risk.

Going short here with wide stop would not be the smartest play, I agree
Be hopeful in a winning position, and fearful in a losing position.
  • #677,084
  • Aug 8, 2012 1:36am Aug 8, 2012 1:36am
New attack... @all: Everything says it will break, my "special indicator" too, but I don't think so. There are other forces who hold it, even bigger than London boys...
  • #677,085
  • Aug 8, 2012 1:41am Aug 8, 2012 1:41am
Quoting JackintheBox
.There are other forces who hold it, even bigger than London boys...
Yes us on this thread.

Sorry Jack, I could not resist, I had to say it.....
"Men who can both be right and sit tight are uncommon."
  • #677,086
  • Aug 8, 2012 1:42am Aug 8, 2012 1:42am
I keep covering at 65 area, its too tempting. Usually good for at least a bounce to 75

Edit: I knew we needed to consolidate if an attempt to go down was to be had, but damn..

Watch 1.2385
Be hopeful in a winning position, and fearful in a losing position.
  • #677,087
  • Aug 8, 2012 1:44am Aug 8, 2012 1:44am
i think is a bear trap.too many rejection from 1,2366.anyway i bought at 1.2368.lets see
  • #677,088
  • Aug 8, 2012 1:45am Aug 8, 2012 1:45am
Nothing dramatical though the lack of data keeps the volumes down and there is possibility for increased volatility and strange moves. But I don't bet on that. Agree the stoch is perfect now.
  • #677,089
  • Aug 8, 2012 1:48am Aug 8, 2012 1:48am
i really hope to see some very big move on gbp after BOE statements..

cable has been in a range of 300 pips only in last weeks. hope to see a downside area of 52...
  • #677,090
  • Aug 8, 2012 1:49am Aug 8, 2012 1:49am
Glad I covered wow..

after 2385.. 2394

right into falling trendline
Attached Image (click to enlarge)
Click to Enlarge Name: EU-30m-8-7-2012.jpg Size: 165 KB
Be hopeful in a winning position, and fearful in a losing position.
  • #677,091
  • Aug 8, 2012 1:50am Aug 8, 2012 1:50am
Quoting KillerWhale
going south 30 pips or so
crap
New voice message: Why are you calling me? If I need you, I'll call you!
  • #677,092
  • Aug 8, 2012 1:53am Aug 8, 2012 1:53am
Apart from all what is happening , i think energy should be focused on trying to answer one question " Can the R2 at 23500 hold and have an enough bounce to 24400 or not "? 750 will probably have a bounce that i don't think it will cross the 925 - which is 38.2 Fibo of Day High Low !

Me personally, i will close my shorts at 23500 and wait for either contingency / Consolidation / Extension up /or down or what ever is going to happen , just to make sure i don't get trapped with an unpredictable bounce.
"It's the Margin, Stupid."
  • #677,093
  • Aug 8, 2012 2:00am Aug 8, 2012 2:00am
setup: 5x3
watch out for breakout !

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  • #677,094
  • Aug 8, 2012 2:00am Aug 8, 2012 2:00am
Quoting Vachus
Apart from all what is happening , i think energy should be focused on trying to answer one question " Can the R2 at 23500 hold and have an enough bounce to 24400 or not "? 750 will probably have a bounce that i don't think it will cross the 925 - which is 38.2 Fibo of Day High Low !

Me personally, i will close my shorts at 23500 and wait for either contingency / Consolidation / Extension up /or down or what ever is going to happen , just to make sure i don't get trapped with an unpredictable bounce.

me personally, if we get to 2350 then my stop will be above what will be resistence @ 237x
  • #677,095
  • Aug 8, 2012 2:01am Aug 8, 2012 2:01am
I just saw the BOE Governor is speaking so there is real possibility for a shaking.
  • #677,096
  • Aug 8, 2012 2:01am Aug 8, 2012 2:01am
Quoting fxkiller
i really hope to see some very big move on gbp after BOE statements..

cable has been in a range of 300 pips only in last weeks. hope to see a downside area of 52...
yes her been ping pong for long enough
If you are new to Forex? Say Goodbye to your account!!
  • #677,097
  • Aug 8, 2012 2:02am Aug 8, 2012 2:02am
Quoting KiwiTrada
yes her been ping pong for long enough
ya mate, getting really ugly

lets hope for some good shaker..
  • #677,098
  • Aug 8, 2012 2:04am Aug 8, 2012 2:04am
this little lift is likely the result of sterling being shorted before BOE data
  • #677,099
  • Aug 8, 2012 2:08am Aug 8, 2012 2:08am
Quoting MaxDoom
me personally, if we get to 2350 then my stop will be above what will be resistence @ 237x
I would have done that, but the pattern that is forming is the five wave down and i'm waiting for the last one ... which should be ending at 560 or a little bit below. There no one knows what might happen, its open for all probabilities ! i would secure my profit at this level and reload again ...
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM5...png Size: 69 KB
"It's the Margin, Stupid."
  • #677,100
  • Aug 8, 2012 2:09am Aug 8, 2012 2:09am
paradise for scalpers... may be tomorrow different.
Sometimes you just know what will happen. I know it would hold but didn't bet my ass on it, damn. Nice 20 pips.

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