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  • #682,201
  • Aug 21, 2012 2:48am Aug 21, 2012 2:48am
Sell EU @ 1.2415 TP 1.2377 SL 1.2430 . EU is touching channel and will go down to 1.2374. Let's see
  • #682,202
  • Aug 21, 2012 2:49am Aug 21, 2012 2:49am
Quoting mohan76
ok then i have mis understood u (as always confused with term bear/bull trap)

news feed:
Fitch's Riley says ECB may be willing to act without Bundesbank
No problema, this is what I meant as a bear trap, just before the move up.

usdcad to a new low.
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"Men who can both be right and sit tight are uncommon."
  • #682,203
  • Aug 21, 2012 2:49am Aug 21, 2012 2:49am
why 50 is target? for me 2440 is the key point.

Quoting Z3iz3i
Why not buy now up to that then or already in trade?

Because 50 is target.
  • #682,204
  • Aug 21, 2012 2:50am Aug 21, 2012 2:50am
Quoting MaxDoom
I hope thats a typo
Yes, sorry
  • #682,205
  • Aug 21, 2012 2:50am Aug 21, 2012 2:50am
Quoting spartanforex
sold longs at 12365 shorted 12375 expecting just a retrace, possibly around 12340 area
got stopped out at 12390 longed at 12391 closed 12314. looking to short another spike up.
  • #682,206
  • Aug 21, 2012 2:51am Aug 21, 2012 2:51am
losers be careful, things might change in next 4 hours.
No place for mistakes
  • #682,207
  • Aug 21, 2012 2:52am Aug 21, 2012 2:52am
1.2444 is the ceiling
No place for mistakes
  • #682,208
  • Aug 21, 2012 2:53am Aug 21, 2012 2:53am
this move is just to suck in losers with small stop losses.
No place for mistakes
  • #682,209
  • Aug 21, 2012 2:53am Aug 21, 2012 2:53am
Damn August, R2 is being stubborn
  • #682,210
  • Aug 21, 2012 2:55am Aug 21, 2012 2:55am
Quoting Soldier
this move is just to suck in losers with small stop losses.
thats my opinion too...
  • #682,211
  • Aug 21, 2012 2:56am Aug 21, 2012 2:56am
Quoting sibajnok
why 50 is target? for me 2440 is the key point.
It is around 100 pips. Well, there is weekly high few weeks back at 424 but it may go straight through. Have to be careful.

Eurgbp needs to find a news support first for the next move though.
They think they are smarter than I am.
  • #682,212
  • Aug 21, 2012 2:56am Aug 21, 2012 2:56am
Just an opinion, please let me know if I may be right but I believe that we should still go downwards and see at least another 1.2175 before 1.25.
A 1 pip gain is better than a 1 pip loss.
  • #682,213
  • Aug 21, 2012 2:58am Aug 21, 2012 2:58am
Next half hour news coming out?
Ten Pips A Day Will Keep A Boss Away
  • #682,214
  • Aug 21, 2012 2:59am Aug 21, 2012 2:59am
Still stalling... I don't like the look of Fisher Transform, it's quite high... If it breaks to the downside, I'm out
  • #682,215
  • Aug 21, 2012 2:59am Aug 21, 2012 2:59am
Could anyone enlighten me on the fundamental causing the surge north?
  • #682,216
  • Aug 21, 2012 3:02am Aug 21, 2012 3:02am
Quoting Soldier
losers be careful, things might change in next 4 hours.
Soldier, How are you?
Ten Pips A Day Will Keep A Boss Away
  • #682,217
  • Aug 21, 2012 3:04am Aug 21, 2012 3:04am
Quoting Paulenok
Short 1.2415....
SL 1.2452, TP 1.2358
  • #682,218
  • Aug 21, 2012 3:04am Aug 21, 2012 3:04am
"Men/Women who can both be right and sit tight are uncommon". Livermore.
"Men who can both be right and sit tight are uncommon."
  • #682,219
  • Aug 21, 2012 3:05am Aug 21, 2012 3:05am
Quoting aeternum
Just an opinion, please let me know if I may be right but I believe that we should still go downwards and see at least another 1.2175 before 1.25.

Nobody knows my friend until it happens... My suggestion is to have an unbiased approach to the market and trade what you see.

PC
Ten Pips A Day Will Keep A Boss Away
  • #682,220
  • Aug 21, 2012 3:11am Aug 21, 2012 3:11am
My current opinion that this Bull is just taking a breath - it looks like its basing on 1.24022 , which is a sign or further movement ! I wouldn't be surprised to 1.24500 or even 1.24800 ...

I'm flat now , and Long basis from two weeks ago till now

Just to add : Euro is making a new high on the daily H/L every half an hour , with an average of 10 Pips up
"It's the Margin, Stupid."
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