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  • #726,961
  • Dec 4, 2012 3:22am Dec 4, 2012 3:22am
Quoting MaxDoom
it's a tricky beast to trade as you probably know... and you have to adjust your decisions as it moves.

looking at the hourly, it is sitting on some support @ 88.72 and I would consider shorts below that first target 88.40 bigger targets 88.0x then 87.8x

to the upside I would look at a break of 89.00 or that daily resistance @89.28 and pay good significance to the possibility of a double top @ 90.33 but be prepared to close 89.9x if needed
On one hour you could also see H&S forming.
Thank you for your view.
  • #726,962
  • Dec 4, 2012 3:26am Dec 4, 2012 3:26am
can anyone explain what just happened with chf?
why didnt eurusd drop?

thanks
  • #726,963
  • Dec 4, 2012 3:27am Dec 4, 2012 3:27am
Quoting kilopip
On one hour you could also see H&S forming.
Thank you for your view.
I am not really a H&S kind of person but a good pullback from 89.2x would qualify I guess.

I should add that I noramlly trade crude in both directions in the same day - once with the break of zones as described and then the retrace from target area - but that is just me
  • #726,964
  • Dec 4, 2012 3:27am Dec 4, 2012 3:27am
Quoting Sutts
Morning all. I have some remaining long from yesterday targeting 1.3088 and 1.3108. Added some more at 1.3056.

Still expecting DIX to test 9940 which isn't that far away now.

Good luck.

Still holding for higher. DIX tested 9940 and has continued lower - looks weak to me. Oil and S+P look bullish.
  • #726,965
  • Dec 4, 2012 3:27am Dec 4, 2012 3:27am
Quoting KiwiTrada
Nope hes not a loser, a little hot headed and cocky yes, but he is progess nice, every now and then comes out the blue with nice little nugget of data / info and best of all he get loser trade, posts it, and then trys find out what he got wrong, I think we all need little humility sometimes,
I like how he dosnt take a step back from anyone, reminds me of me when green and no teeth
Bro we need people like him in here to keep us all sane:nerd:

swissy is bloody rocket
lol , i am planing to defend cable around 1.6160 ~70 if get there , i have 45 as good resistant but l am little today
Mohan
  • #726,966
  • Dec 4, 2012 3:27am Dec 4, 2012 3:27am
Quoting math_GB
Yo Wolfy...!!!

You still bull even if we see above 1.3090s...? No plan for a short set-up on your mind at all...???
hi g/m

i think i m gonna keep it above 3090 and 3130,

there are short set ups in my mind but on charts there is none

g/l
Wolves don't lose any sleep over the opinion of the sheep.
  • #726,967
  • Dec 4, 2012 3:27am Dec 4, 2012 3:27am
gbp data in 3min, could be a clincher
If you are new to Forex? Say Goodbye to your account!!
  • #726,968
  • Dec 4, 2012 3:28am Dec 4, 2012 3:28am
Quoting mohan76
lol , i am planing to defend cable around 1.6160 ~70 if get there , i have 45 as good resistant but l am little today
wait for data bro is free to watch (especially is green man arrive)
If you are new to Forex? Say Goodbye to your account!!
  • #726,969
  • Dec 4, 2012 3:29am Dec 4, 2012 3:29am
Quoting iNUKE
can anyone explain what just happened with chf?
why didnt eurusd drop?

thanks
euro is being bought with chf
  • #726,970
  • Dec 4, 2012 3:30am Dec 4, 2012 3:30am
Still long from yesterday, added this morning. Profit locked in, looks like it wants a crack at the Bernanke high at 170ish. Still cautious though and adding no more longs at this time

Edit: 138 will be interesting, that's where it stalled last time
  • #726,971
  • Dec 4, 2012 3:32am Dec 4, 2012 3:32am
Quoting KiwiTrada
wait for data bro is free to watch (especially is green man arrive)
bad data & bad reaction ,may be it's need time
Mohan
  • #726,972
  • Dec 4, 2012 3:34am Dec 4, 2012 3:34am
morning all
Trade What You See Not What You Want To See
  • #726,973
  • Dec 4, 2012 3:34am Dec 4, 2012 3:34am
Quoting MaxDoom
I am not really a H&S kind of person but a good pullback from 89.2x would qualify I guess.

I should add that I noramlly trade crude in both directions in the same day - once with the break of zones as described and then the retrace from target area - but that is just me
Yes, I like you style.
Oil is not easy to predict but once you catch it one can make decent amount of pips.
  • #726,974
  • Dec 4, 2012 3:37am Dec 4, 2012 3:37am
Quoting KiwiTrada
Nope hes not a loser, a little hot headed and cocky yes, but he is progess nice, every now and then comes out the blue with nice little nugget of data / info and best of all he get loser trade, posts it, and then trys find out what he got wrong, I think we all need little humility sometimes,
I like how he dosnt take a step back from anyone, reminds me of me when green and no teeth
Bro we need people like him in here to keep us all sane:nerd:

swissy is bloody rocket
  • #726,975
  • Dec 4, 2012 3:40am Dec 4, 2012 3:40am
Quoting mohan76
bad data & bad reaction ,may be it's need time
yep pound lways take time to sink in sometime 1 hr even 2 hr, USD is taking a hit too this not helping
I have 62fib 6123 drop from 20 sept and another resist just above 6231 will see how them react, might not make 2nd one, she may have capped with this high, but remember the falling tl she broke yesterday was a good one and bull put big effort, see if the still up for it hehehe swissy still a fuk rocket
If you are new to Forex? Say Goodbye to your account!!
  • #726,976
  • Dec 4, 2012 3:44am Dec 4, 2012 3:44am
Quoting pipsallday
morning all
morning
looking for investors . pm me
  • #726,977
  • Dec 4, 2012 3:46am Dec 4, 2012 3:46am
Quoting kbmoonshinex
morning
morning KB
waiting to short for a few pips
will short from 77 to 80 on next run up
Trade What You See Not What You Want To See
  • #726,978
  • Dec 4, 2012 3:47am Dec 4, 2012 3:47am
oil struggling to break 904 for last 25m . I expect explosion in the minute.
  • #726,979
  • Dec 4, 2012 3:47am Dec 4, 2012 3:47am
I hate being underwater.

Now coming up to surface. Maybe i can get back to sleep.
A pip is only worth it if you know how much you risked to earn it
  • #726,980
  • Dec 4, 2012 3:48am Dec 4, 2012 3:48am
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