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EURUSD

  • #754,421
  • Feb 5, 2013 11:03am Feb 5, 2013 11:03am
Quoting ForExtraPips
Thanks. And congrats on your green pips.
yep! we have been coming from 1.3456 since london open!
Maximizing your potentials!
  • #754,422
  • Feb 5, 2013 11:04am Feb 5, 2013 11:04am
  •  orzels
  • | Joined Nov 2011 | Status: Buy at resistance, Sell at support™ | 309 Posts
Quoting Ken A
Can't live without E/U. Even if I have no position, E/U is one of my indicators.
This is best job for EU - be an indicator
  • #754,423
  • Feb 5, 2013 11:06am Feb 5, 2013 11:06am
eu is on bullish consolidation new high coming
  • #754,424
  • Feb 5, 2013 11:10am Feb 5, 2013 11:10am
Quoting BobGnarly
Had some limit orders filled this morning.. Uj eu and gj trend is back on and holding until monthly close..

GJ target 150-152
UJ 95-96
EU 1.3770-1.3850

Stops moved up to -20 on each pair ... Another 300+ pip week hopefully , cyas tonight!
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  • #754,425
  • Feb 5, 2013 11:12am Feb 5, 2013 11:12am
Quoting De La Kritz
eu is on bullish consolidation new high coming
Agreed. 12hr is especially bullish.
  • #754,426
  • Feb 5, 2013 11:21am Feb 5, 2013 11:21am
Quoting SnaveForex
this move might be a correction ABC....TIME will definitely tell
My thoughts exactly, with wave C ending around 3360?
  • #754,427
  • Feb 5, 2013 11:22am Feb 5, 2013 11:22am
Closed my short +20 on the E/U. Now long on the AUD/USD @ 1.0390 tp @ 1.0434
Time turns trend. - W.D. Gann
  • #754,428
  • Feb 5, 2013 11:25am Feb 5, 2013 11:25am
Quoting SnaveForex
this move might be a correction ABC....TIME will definitely tell
on what timeframe and against which swing ?
  • #754,429
  • Feb 5, 2013 11:28am Feb 5, 2013 11:28am
Quoting ForExtraPips
Closed my short +20 on the E/U. Now long on the AUD/USD @ 1.0390 tp @ 1.0434


FEP, try AUD/JPY. Very nice positive swap too.


Attached Image

  • #754,430
  • Feb 5, 2013 11:29am Feb 5, 2013 11:29am
Quoting MaxDoom
on what timeframe and against which swing ?
all time frames...but take out the noise in lower time frames look at the h1.

just my opinion...... might be wrong....since the market is random and rapid
  • #754,431
  • Feb 5, 2013 11:30am Feb 5, 2013 11:30am
Quoting Ken A
FEP, try AUD/JPY. Very nice positive swap too.


Attachment

Thanks. Will check that out.
Time turns trend. - W.D. Gann
  • #754,432
  • Feb 5, 2013 11:30am Feb 5, 2013 11:30am
Quoting Ken A
Wise men told me to set your goal higher such as 139.00
awesome work there!

one wise man said he liked his profits now! so i go along with one =)
and it has been great =)
  • #754,433
  • Feb 5, 2013 11:32am Feb 5, 2013 11:32am
Quoting MaxDoom
on what timeframe and against which swing ?
i will be watching 3610-20 carefully for a five wave down and the rest is future... i.e if we dont swing back up to test that high 1.37
  • #754,434
  • Feb 5, 2013 11:35am Feb 5, 2013 11:35am
Quoting NWSTrading
My thoughts exactly, with wave C ending around 3360?
sort of....it might be 3380 3400 region going by the weekly time frame...still too early to tell
  • #754,435
  • Feb 5, 2013 11:41am Feb 5, 2013 11:41am
3565...
  • #754,436
  • Feb 5, 2013 11:48am Feb 5, 2013 11:48am
Quoting ec_creep
3565...
A pip is only worth it if you know how much you risked to earn it
  • #754,437
  • Feb 5, 2013 11:49am Feb 5, 2013 11:49am
the direction of this lady will be fully known tommorrow prior to draghi
Maximizing your potentials!
  • #754,438
  • Feb 5, 2013 11:51am Feb 5, 2013 11:51am
My view is that we will continue falling the rest of the week with this being the top for the next Two days at least. Reasons are:

Euro got ahead of itself the last Four weeks and need to retrace to about 3400 before resumption (sideways also possible of course)

The boys who took profit and shorters from 3700 who moved the market yesterday will be looking at this retrace today as a prime opportunity to go lower...

3584 is the 50% retrace of 3710 to 3458...

and a couple more reasons I think so but all that said, I trade intra-day and anything can happen. Maybe this is the great upswing we've been talking about? We will know Tomorrow....
@pawpaw1000 on Twitter
  • #754,439
  • Feb 5, 2013 12:00pm Feb 5, 2013 12:00pm
hey guys, in a long-term tactic ... think it is possible to see 1.23 XX in four months? Comments please ...
  • #754,440
  • Feb 5, 2013 12:03pm Feb 5, 2013 12:03pm
Don't be fooled by this bull trap.... its just a wave B retrace that may already be in... if it extends higher the fib cluster just above the recent high should cap...

Then we fall into a five wave down a=wave C, that should test the triangle area that formed from 1/15 to 1/25...as low as 1.3315
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