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  • #16,061
  • Dec 5, 2012 11:53pm Dec 5, 2012 11:53pm
Quoting T@rantula
We are still in retracement mode.

I guess market is gonna test 3030-3010 level so Ill be watching for longs around that level.
T....You still reckon its a short??
  • #16,062
  • Dec 5, 2012 11:56pm Dec 5, 2012 11:56pm
Sorry.. ment long side?? not with it at mo.. shouldnt be doing it..
  • #16,063
  • Dec 6, 2012 12:00am Dec 6, 2012 12:00am
Quoting danc
T....You still reckon its a short??
Yes i think we are having a retracement and that we are still in uptrend. Around 3030-3010 we should have a bullish resume as we need to see 3140-50 levels.
  • #16,064
  • Dec 6, 2012 12:09am Dec 6, 2012 12:09am
T i have taken a short based on 1 hr chart 3050.. stop 3060..
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  • #16,065
  • Dec 6, 2012 12:13am Dec 6, 2012 12:13am
Quoting danc
T i have taken a short based on 1 hr chart 3050.. stop 3060..
Shorts can be played out still id prefer it a little bit higher to short.

But for a bigger picture, take a look at h4. Its a retracement it looks like it.

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  • #16,066
  • Dec 6, 2012 12:15am Dec 6, 2012 12:15am
here is pick of usdx.. 1 hr and reason behind EUUD trade is this.. USDX is trading above 2.. 3 day PPXs and uusd is trading below going opposite way..i could be totaly wrong but thats my position
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  • #16,067
  • Dec 6, 2012 12:19am Dec 6, 2012 12:19am
Quoting T@rantula
Shorts can be played out still id prefer it a little bit higher to short.

But for a bigger picture, take a look at h4. Its a retracement it looks like it.

Attachment
T thanks for interesting reply and comment..
  • #16,068
  • Dec 6, 2012 12:26am Dec 6, 2012 12:26am
Quoting danc
T thanks for interesting reply and comment..
NP mate. We also have bid rate decision later so I guess we can have another dip before the release.
  • #16,069
  • Dec 6, 2012 12:35am Dec 6, 2012 12:35am
Quoting T@rantula
NP mate. We also have bid rate decision later so I guess we can have another dip before the release.
stopped out
  • #16,070
  • Dec 6, 2012 12:46am Dec 6, 2012 12:46am
Quoting danc
stopped out
We are sitting at resistance level 3070-75 now. It might give some short now with a tight stop. If its broken 3090 coul be next
  • #16,071
  • Dec 6, 2012 5:59am Dec 6, 2012 5:59am
EU repo rate conference, EU has entered in 3030-05 zone.

Looking for opportunity to buy, would prefer that these whipsaws stop first. Lets see
  • #16,072
  • Dec 6, 2012 7:03am Dec 6, 2012 7:03am
Quoting T@rantula
EU repo rate conference, EU has entered in 3030-05 zone.

Looking for opportunity to buy, would prefer that these whipsaws stop first. Lets see

3010 failed, I am stopped out at 2995. Next support is 2975-80 lets see.
  • #16,073
  • Dec 6, 2012 7:07am Dec 6, 2012 7:07am
Quoting T@rantula
3010 failed, I am stopped out at 2995. Next support is 2975-80 lets see.
looks like wave 4 will end at near 2939 and 2970 is a place for bounce now to max 3000.
Trend Is Friend
  • #16,074
  • Dec 6, 2012 7:10am Dec 6, 2012 7:10am
Quoting polatok
looks like wave 4 will end at near 2939 and 2970 is a place for bounce now to max 3000.
2980 lets say and 2965 are levels where i would put longs
  • #16,075
  • Dec 6, 2012 7:19am Dec 6, 2012 7:19am
long 1.2981 with 28 pip stop..
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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  • #16,076
  • Dec 7, 2012 3:53am Dec 7, 2012 3:53am
Quoting BlackWid0w
Monthly critical Levels for Dollar Index:
A)78.06
B)80.12

Weekly Critical Levels for Dollar Index:
A)79.37
B)81.60

Daily Critical Levels for Dollar Index:
A)79.65
B)81.42

MY Sunday analysis
Regards
BW
Good Afternoon,
All the sunday analysis on the dollar index has played out as charted resulting into a total of
300 pips on a combination of Cable and euro :-)
Will post my views again on Dollar index on Sunday
Have a lovely week all

Regards
BW
Be sensitive to subtle differences between 'intuition' and 'into wishing.
  • #16,077
  • Dec 7, 2012 3:57am Dec 7, 2012 3:57am
Quoting BlackWid0w
Good Afternoon,
All the sunday analysis on the dollar index has played out as charted resulting into a total of
300 pips on a combination of Cable and euro :-)
Will post my views again on Dollar index on Sunday
Have a lovely week all

Regards
BW
Yes i was following it.. You 60.. actual 55.. WELL PLAYED.. Look forward to some further analysis. on USDX frome you.. when you have time..best danc
  • #16,078
  • Dec 7, 2012 4:04am Dec 7, 2012 4:04am
Good day all,

I have not traded today, I got up a bit late. Needless to say, yesterday I pulled nothing out of 65, was stopped at BE after the price got to 75 it reversed, couldnt get a scalp either, while 2980 was better as it gave at least those 10 pips on first rejection.

Today I havent done any analysis, as I need to wait NFP action and close to make a valid analysis of further movements.
  • #16,079
  • Dec 7, 2012 10:00am Dec 7, 2012 10:00am
Hi Guys,
Got into this H4 demand zone trade via limit order overnight .....moved SL to BE, just in case of a move down. Lets see how it works.
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  • #16,080
  • Dec 7, 2012 3:40pm Dec 7, 2012 3:40pm
Quoting MktScape
Hi Guys,
Got into this H4 demand zone trade via limit order overnight .....moved SL to BE, just in case of a move down. Lets see how it works.
This is how I see the things...

2950 has become resistance. 3100 was clearly rejected so we DONT have a MAJOR trend reversal. As I said before only if 3140 is broken and RETESTED as SUPPORT we can talk about trend reversal. H4 clearly shows that + we have a double top there.

So we are back in a range and we can expect bearish PA on intraday charts as long as EU stays below 2950. Breach of 2950 leads us to 2980 and 3000 subsequently.

To the downside ( i prefer to short the rallies atm ) 2880 is support and breach of 2880 targets 2820.
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