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  • #752,041
  • Jan 30, 2013 9:06am Jan 30, 2013 9:06am
Quoting fibstalker
Good morning traders,

this is my up to date view on the EUR/USD on the 4-hour chart.... []
Scenario 1 of the setup provided yesterday's played out nicely. Congrats to those who took the trade! The larger intermediate trading plan is unfolding as anticipated and I think we are now in the B2-leg of this move into the 1.3850 or higher level.
Here are explained the 3 legs into 1.3850 as I see them: http://elitefive.wordpress.com/2013/...lish-language/

let me have your thoughts.

FOMC day: I slow it down
"markets traded by programs/HFT offer a significant trading edge..."
  • #752,042
  • Jan 30, 2013 9:07am Jan 30, 2013 9:07am
I m selling this now at this level! TP 1.35
Maximizing your potentials!
  • #752,043
  • Jan 30, 2013 9:08am Jan 30, 2013 9:08am
All went as i planned. i thank God for making the year a better one for me and my inv. company. i wish all of you a prosperous & happy trading.
forexpillariscipline & patience Trader
  • #752,044
  • Jan 30, 2013 9:10am Jan 30, 2013 9:10am
Quoting math_GB
Almost everyone is aiming to short above 1.3600s, if it moves another 50-60 pips after that it would be too funny
Here My D1 TF ....... hehhehehe...... too funny if we are talking about short right now...
Attached Image (click to enlarge)
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  • #752,045
  • Jan 30, 2013 9:12am Jan 30, 2013 9:12am
Quoting math_GB
Out of course... I sincerely hope it shoots above 1.3600 today. WTF...! It is off limits...!
Nothing surprising It goes as it suppose to go 3620 my top for this current action then wait daily close.
  • #752,046
  • Jan 30, 2013 9:13am Jan 30, 2013 9:13am
oO Hello to all im new and i wanna be smart as you
  • #752,047
  • Jan 30, 2013 9:13am Jan 30, 2013 9:13am
Quoting Stonar901
wtf is happening now its supposed to go down according to the last hourly closure
well, according to Don2012, we should be well below current targets, as of today morning? I remember he gave us 64 hour time frame on Friday I think
  • #752,048
  • Jan 30, 2013 9:14am Jan 30, 2013 9:14am
Good resistance 1.3602/16
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  • #752,049
  • Jan 30, 2013 9:14am Jan 30, 2013 9:14am
I guess 1.3550 will be tested and if it is solid that will be the new floor for aiming higher. I simply can't short the shite altough I would love to...
  • #752,050
  • Jan 30, 2013 9:17am Jan 30, 2013 9:17am
woke up s/o my s scalp. we did get 3539 and atm less then 20 from 3592 and 3594.. no trades for me this close either way..
those who can, do. those who cant, talk about those who can
  • #752,051
  • Jan 30, 2013 9:18am Jan 30, 2013 9:18am
Quoting math_GB
I guess 1.3550 will be tested and if it is solid that will be the new floor for aiming higher. I simply can't short the shite altough I would love to...
To me it's no man's land right now...apart from shorting to 1.3550 again i won't do anything
  • #752,052
  • Jan 30, 2013 9:22am Jan 30, 2013 9:22am
Quoting egkid
Nothing surprising It goes as it suppose to go 3620 my top for this current action then wait daily close.
It is difficult to take any position for me mate, the shite is so over heated, it can do a number of things before the FOMC. Imagine yourself as an institutional buyer and have been long since 1.2800s, would you wait another 50-60 pips from here. Some will surely realise the fat gains they made. So unless you have no longs running, opening a new position is simply insane...
  • #752,053
  • Jan 30, 2013 9:23am Jan 30, 2013 9:23am
at this point i am convinced that the role of ny is to :

a) satisfy their ego by pushing for new highs/lows

b) in the process of accomplishing (a), take out as many stops as possible
  • #752,054
  • Jan 30, 2013 9:23am Jan 30, 2013 9:23am
Quoting math_GB
I guess 1.3550 will be tested and if it is solid that will be the new floor for aiming higher. I simply can't short the shite altough I would love to...

I know what's wrong. If you really need 1.3000 should have Davidsayli, Jelly Bone, Don and the whole family as your sidekick.
  • #752,055
  • Jan 30, 2013 9:24am Jan 30, 2013 9:24am
Quoting Fxnewdeal
To me it's no man's land right now...apart from shorting to 1.3550 again i won't do anything
Your heart is true
  • #752,056
  • Jan 30, 2013 9:25am Jan 30, 2013 9:25am
Quoting Ken A
I know what's wrong. If you really need 1.3000 should have Davidsayli, Jelly Bone, Don and the whole family as your sidekick.

Where are they...? Did you upset them???
  • #752,057
  • Jan 30, 2013 9:26am Jan 30, 2013 9:26am
I'm holding on till 13650.. been long since 13426 already taken half the position
opening new longs does seem insane but then again shorting doesn't look much
better an option
rat
  • #752,058
  • Jan 30, 2013 9:27am Jan 30, 2013 9:27am
3563 hit & made a PB
3578 hit +-2pips missed with 1 pip
wonder if it keeps going!!

Quoting stevewalker
my levels
3563
3581
  • #752,059
  • Jan 30, 2013 9:27am Jan 30, 2013 9:27am
The Euro leaving station again, or running already. Next stops: 1.3600 and 1.3670 (maybe today after FOMC), but after that daily longs are low probability (weekly & monthly are not).

Wave your hands and pray for those still short (you can see them in the picture below), those will be bounced off the Bandwagon soon...

http://www.tigurl.org/images/connect...tos/515627.jpg
"markets traded by programs/HFT offer a significant trading edge..."
  • #752,060
  • Jan 30, 2013 9:29am Jan 30, 2013 9:29am
Quoting fibstalker
The Euro leaving station again, or running already. Next stops: 1.3600 and 1.3670 (maybe today after FOMC), but after that daily longs are low probability (weekly & monthly are not).

Wave your hands and pray for those still short (you can see them in the picture below), those will be bounced off the Bandwagon soon...

http://www.tigurl.org/images/connect...tos/515627.jpg
That's me on the left about to fall off
Disclaimer: I'm still new to forex
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