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EURUSD

  • #755,341
  • Feb 7, 2013 7:53am Feb 7, 2013 7:53am
happy triggering longs calling the bottom ... V shaped recovery in 5 mins .... NOT
  • #755,342
  • Feb 7, 2013 7:53am Feb 7, 2013 7:53am
Quoting Fxnewdeal
Bounced off 77....let's wait

And 90 turned into resistance
Any good bottom has a good tail, or a long bar followed by the opposite bar with little or no tail. Fast rejection of price basically.... and lots of space to the left. If there's price bars to the left, then it's still deliberating and therefore not a bottom.

Same for tops obviously.

EDIT : i.e. no bottoms yet!
A pip is only worth it if you know how much you risked to earn it
  • #755,343
  • Feb 7, 2013 7:53am Feb 7, 2013 7:53am
looks drahi don't like euro @ this high
Mohan
  • #755,344
  • Feb 7, 2013 7:54am Feb 7, 2013 7:54am
do you expect the eu to move 40 more pips? i dont think so.
Everything in the world has its own rhytms
  • #755,345
  • Feb 7, 2013 7:54am Feb 7, 2013 7:54am
this is surely an assault knife got damn technicals killed
  • #755,346
  • Feb 7, 2013 7:55am Feb 7, 2013 7:55am
Quoting mohan76
looks drahi don't like euro @ this high
nope, he probably got a call from ze French..
  • #755,347
  • Feb 7, 2013 7:55am Feb 7, 2013 7:55am
66-70 hit. Start to go up, or get lost!

5mn is full of red...
  • #755,348
  • Feb 7, 2013 7:56am Feb 7, 2013 7:56am
Quoting vlady1974
EDIT : i.e. no bottoms yet!
There you go. Lower still. 432 looking probable.
A pip is only worth it if you know how much you risked to earn it
  • #755,349
  • Feb 7, 2013 7:56am Feb 7, 2013 7:56am
good thing i shorted fast. more pips for us.
  • #755,350
  • Feb 7, 2013 7:57am Feb 7, 2013 7:57am
Quoting vlady1974
There you go. Lower still. 432 looking probable.
If this 6x is saved, you could see heading to sky high!
  • #755,351
  • Feb 7, 2013 7:57am Feb 7, 2013 7:57am
Long @ 3470
  • #755,352
  • Feb 7, 2013 7:57am Feb 7, 2013 7:57am
yes draghi doesnt like the euro tste st the moment due to trade balance. but many people said the euro still fair value not overvalued
Everything in the world has its own rhytms
  • #755,353
  • Feb 7, 2013 7:57am Feb 7, 2013 7:57am
Quoting Fxnewdeal
66-70 hit. Start to go up, or get lost!

5mn is full of red...
because a price is hit or designated its needs to turn ? ... lol
  • #755,354
  • Feb 7, 2013 7:59am Feb 7, 2013 7:59am
Waiting to see what it does once it hits 1.3458 area.
Time turns trend. - W.D. Gann
  • #755,355
  • Feb 7, 2013 7:59am Feb 7, 2013 7:59am
I can see this being the game changer for the Euro short term..... 1.35 didn't offer any support... bad sign for bulls.. PA looks aggressively short and quite rightly too - this is reset on correls and placating Euro partners.
  • #755,356
  • Feb 7, 2013 7:59am Feb 7, 2013 7:59am
bulls failed, guessing well go down to 3395
  • #755,357
  • Feb 7, 2013 7:59am Feb 7, 2013 7:59am
Quoting Fxnewdeal
If this 6x is saved, you could see heading to sky high!
Not gonna trade it yet, but looking for a H/S formation on the 1M, which should print the pin bar on the 5M. But if just one bar breaks, 32 is a magnet.

Whoop... it's quicker than my typing. Needs a piercing move below 68 .... 60 last swing low?
A pip is only worth it if you know how much you risked to earn it
  • #755,358
  • Feb 7, 2013 8:00am Feb 7, 2013 8:00am
I will be watching my old friend 3408 if it keeps going this fast.
  • #755,359
  • Feb 7, 2013 8:00am Feb 7, 2013 8:00am
413 is very posible today, I think there is good place for long.
  • #755,360
  • Feb 7, 2013 8:01am Feb 7, 2013 8:01am
Quoting attila
I will be watching my old friend 3408 if it keeps going this fast.
Interesting... I was wondering if there was a more viable lower number than 32.

Edit: EMA 62 and 144 on the 4H all point to low 400s
A pip is only worth it if you know how much you risked to earn it
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