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  • #14,001
  • Nov 16, 2012 12:48am Nov 16, 2012 12:48am
Quoting SemperOorah
Broke to the downside . No target in mind yet, but I will be watching PA for how long it will continue.




I too think we are destined for some good upside in the near future. However IMO this has been looking quite overbought and in need of a pullback. I think you're too soon, but hey we gotta stick to our own plans right? Good luck (but only when I close my short haha)

bought the pullback @ 2757, SL for both 2749 (had to correct that one as I oversaw the '55 - level.
let's if it recovers or not. My set-up is done for that one, risk per trade is filled.
  • #14,002
  • Nov 16, 2012 12:48am Nov 16, 2012 12:48am
Quoting mok1one
Be careful with the short. It could make another bear trap like yesterday.
Thanks, I did update SL to BE.
  • #14,003
  • Nov 16, 2012 12:48am Nov 16, 2012 12:48am
Quoting mok1one
in my opinion yes. they are holding for now.
Good to hear cuz I'm long at .2761
  • #14,004
  • Nov 16, 2012 12:52am Nov 16, 2012 12:52am
All the up move might have been a bull trap. It is getting weaker now. not only e/u but other eur pairs show weakness on eur side.

Quoting mok1one
in my opinion yes. they are holding for now.
  • #14,005
  • Nov 16, 2012 12:55am Nov 16, 2012 12:55am
It's Friday Guys.

Anything can happen.
  • #14,006
  • Nov 16, 2012 12:57am Nov 16, 2012 12:57am
Quoting shiko
All the up move might have been a bull trap. It is getting weaker now. not only e/u but other eur pairs show weakness on eur side.
hmm... this could be true. Bull trap on large tf's.
For that i need somesort of confirmation to downside. Going through 2700 would to do trick i guess.
  • #14,007
  • Nov 16, 2012 12:57am Nov 16, 2012 12:57am
Quoting DavidHoh
It's Friday Guys.

Anything can happen.
true word..
  • #14,008
  • Nov 16, 2012 1:00am Nov 16, 2012 1:00am
Quoting DavidHoh
It's Friday Guys.

Anything can happen.
Oh yeah.

I also have a marking in my calendar "NEWS FROM GREECE? - they have money until 16.11!" ... which is TODAY.
If something comes out then it could shake the whole chart.
  • #14,009
  • Nov 16, 2012 1:02am Nov 16, 2012 1:02am
Quoting mok1one
Oh yeah.

I also have a marking in my calendar "NEWS FROM GREECE? - they have money until 16.11!" ... which is TODAY.
If something comes out then it could shake the whole chart.
what time or is just talking all day?
  • #14,010
  • Nov 16, 2012 1:11am Nov 16, 2012 1:11am
Quoting Mr.Deghayes
what time or is just talking all day?
I have no idea.
could be anytime or no time at all.
Monday there was a news that Greece has money until 16.11. which is today. So i made a reminder into my calendar. Just something to be aware of.
  • #14,011
  • Nov 16, 2012 1:13am Nov 16, 2012 1:13am
exactly, looks like another rejection form 1.2800.

Quoting mok1one
hmm... this could be true. Bull trap on large tf's.
For that i need somesort of confirmation to downside. Going through 2700 would to do trick i guess.
  • #14,012
  • Nov 16, 2012 1:14am Nov 16, 2012 1:14am
a lot of indecision guys.
  • #14,013
  • Nov 16, 2012 1:19am Nov 16, 2012 1:19am
whats the chances of it touching 1.28 ?
  • #14,014
  • Nov 16, 2012 1:24am Nov 16, 2012 1:24am
Quoting Mr.Deghayes
whats the chances of it touching 1.28 ?
50-to70 percent
Sic Transit Gloria Mundi ~ Thus passes the glory of the world
  • #14,015
  • Nov 16, 2012 1:31am Nov 16, 2012 1:31am
Going up again now
You see, but you do not observe. The distinction is clear
  • #14,016
  • Nov 16, 2012 1:33am Nov 16, 2012 1:33am
Quoting aerotrade
50-to70 percent
i'd say 50..

49.995% it goes
49.995% it does not go
0,01% stays flat
  • #14,017
  • Nov 16, 2012 1:37am Nov 16, 2012 1:37am
Price bounced off %61.8 fib and 4H channel LCL. So far i still prefer bulls.
  • #14,018
  • Nov 16, 2012 1:39am Nov 16, 2012 1:39am
lol, nobody has a clue what probability is.
  • #14,019
  • Nov 16, 2012 1:41am Nov 16, 2012 1:41am
Quoting mok1one
Price bounced off %61.8 fib and 4H channel LCL. So far i still prefer bulls.
are you in though and how far are the questions
  • #14,020
  • Nov 16, 2012 1:41am Nov 16, 2012 1:41am
Quoting mok1one
i'd say 50..

49.995% it goes
49.995% it does not go
0,01% stays flat
we are in an up trend the more than 80 percent chance it continue UP .
we are in an up trend 80+ probability it retest yesterday high even just to print a double top .
we are Friday then still probability it mess up (profit taking) +black swan possible .

it s FX probabilities not the casino roulette probabilities
Sic Transit Gloria Mundi ~ Thus passes the glory of the world
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