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EURUSD

  • #698,381
  • Sep 26, 2012 11:10am Sep 26, 2012 11:10am
A retrace would be nice here and then maybe we'll go long... The only think is that 70 just above..

Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 67 KB
  • #698,382
  • Sep 26, 2012 11:10am Sep 26, 2012 11:10am
if you want to pary got to Curch/Mosque what ever you beleive in.

this is Forex.

waker.

Quoting Xhale12
I pray to God this is a joke.
  • #698,383
  • Sep 26, 2012 11:11am Sep 26, 2012 11:11am
Quoting attila
It did make a lower session low, probably that's what they wanted. that being checked, up is a real possibility... I'll just wait for afternoon and take it from there.. We need a news trigger of some sort to get it out of here, I think.
Yes i'm only buying dips since it broke down below 1,2866...and will do so until i see 1,2955 first...& why not 1,3080-1,3115
COT: The precious data ignored
  • #698,384
  • Sep 26, 2012 11:14am Sep 26, 2012 11:14am
we are over diagonal upper channel of 1 Hr chart

waiting for retract
then up

entry with retract

waker.

Quoting stevewalker
for a proper reverse

we need breakup @ 2865
then a retract
then up again on hourly chart

PS: 2865 diagonal level.

Edit : unless a long spike.

walker.
  • #698,385
  • Sep 26, 2012 11:15am Sep 26, 2012 11:15am
Quoting Xhale12
You people make things so complicated. We are in an established downtrend, and your looking to buy? I remember now why 95% of people fail at this game.

One traders trend is another traders pullback.
What time frame are you looking at?
You can remain irrational longer than you can remain solvent.
  • #698,386
  • Sep 26, 2012 11:18am Sep 26, 2012 11:18am
Quoting Xhale12
You people make things so complicated. We are in an established downtrend, and your looking to buy? I remember now why 95% of people fail at this game.
Daily chart is in an up trend, with this mini down trend looking like a retrace.. Daily is also ALMOST at a very critical support level. Nothing wrong with trying to buy.. Personally I would be more comfortable with it testing and failing that level, but sometimes it's in a hurry and it doesn't actually touch support..

Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 10 KB
  • #698,387
  • Sep 26, 2012 11:18am Sep 26, 2012 11:18am
first tp met 2865 now trade is 10000000000% risk free
Learning Requires Failure
  • #698,388
  • Sep 26, 2012 11:18am Sep 26, 2012 11:18am
Quoting Xhale12
You people make things so complicated. We are in an established downtrend, and your looking to buy? I remember now why 95% of people fail at this game.
That's an old habbit. Can't help it.

We don't lose, we consider ourselves philanthropists.
The Thief of Wall Street
  • #698,389
  • Sep 26, 2012 11:19am Sep 26, 2012 11:19am
Quoting Chicky
That's an old habbit. Can't help it.

We don't lose, we consider ourselves philanthropists.
What is any ocean but a multitude of drops?
  • #698,390
  • Sep 26, 2012 11:20am Sep 26, 2012 11:20am
Waiting this


5-Yr Note Auction
http://wsj-us.econoday.com/images/wsj/bullet.gif1:00 PM ET
They think they are smarter than I am.
  • #698,391
  • Sep 26, 2012 11:21am Sep 26, 2012 11:21am
now short term supp is 2856/57
Learning Requires Failure
  • #698,392
  • Sep 26, 2012 11:22am Sep 26, 2012 11:22am
And as I was saying.. That's not how you break the range.. The algos probably have no clue how to do this... LOL.

Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 66 KB
  • #698,393
  • Sep 26, 2012 11:22am Sep 26, 2012 11:22am
short here @1.28580...will wait for around 1.28450
  • #698,394
  • Sep 26, 2012 11:24am Sep 26, 2012 11:24am
Yep,4 hr trend looks to be down,
oh but wait.......
Attached Image (click to enlarge)
Click to Enlarge Name: w3.gif Size: 16 KB
You can remain irrational longer than you can remain solvent.
  • #698,395
  • Sep 26, 2012 11:25am Sep 26, 2012 11:25am
Quoting attila
Daily chart is in an up trend, with this mini down trend looking like a retrace.. Daily is also ALMOST at a very critical support level. Nothing wrong with trying to buy.. Personally I would be more comfortable with it testing and failing that level, but sometimes it's in a hurry and it doesn't actually touch support..

Attachment
I have 1.2849 as a critical pivot area.
  • #698,396
  • Sep 26, 2012 11:25am Sep 26, 2012 11:25am
Maybe not.
Attached Image (click to enlarge)
Click to Enlarge Name: w3.gif Size: 15 KB
You can remain irrational longer than you can remain solvent.
  • #698,397
  • Sep 26, 2012 11:27am Sep 26, 2012 11:27am
It keeps bouncing between the s1 and s2 levels, still very unclear but is def on a downtrend if you look at the big picture, big question is, for how long?
  • #698,398
  • Sep 26, 2012 11:30am Sep 26, 2012 11:30am
Quoting tirmizi
now short term supp is 2856/57
stop raised to 2854 for protection of heavy profits
Learning Requires Failure
  • #698,399
  • Sep 26, 2012 11:37am Sep 26, 2012 11:37am
Short at 1.2858

I'm hoping to to see 1.2848

10 pips
  • #698,400
  • Sep 26, 2012 11:49am Sep 26, 2012 11:49am
i think price is gonna rise for now. any one has the same views?
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