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Quoting samadum
i am in since 1560. waiting for 1550.
the close of the current hourly candle should provide better indication of direction
less people are claiming unemployment .....or is it they just got tired of being in the unemployment line
Wooooohooooo or Boooooohooooo
Quoting lexazver
unemployment claims in 20+minutes should be the driver for the rest of the day..
I'm assuming the news was dollar positive?
why usd/jpy is falling like a rock ??
Quoting Macedonia
I'm assuming the news was dollar positive?
yes it is.......
Wooooohooooo or Boooooohooooo
it is strange for me too. who are willing to buy jpy now.

but try to find bottom trend line to up on h4.

Quoting Brocklesnar
why usd/jpy is falling like a rock ??
Quoting gnomoneey
less people are claiming unemployment .....or is it they just got tired of being in the unemployment line
Positive news but yet price has not shot down.
Just be careful shorts It looks as if bears are exhausted.

I longed at 1556.00 a bit of a risk but close stop. (Please don't follow me blindly to any newbies)
I don't usually gamble like this but I am getting this gut feeling.
Quoting lexazver
the close of the current hourly candle should provide better indication of direction
instead of providing hint of direction the hourly candle provided a set up for next trade imho... if the price goes above the high of the last candle buy with stop loss under the candle and sell below the low of the last hourly candle with stop above it.... that is what im looking it at the moment
Quoting Macedonia
Positive news but yet price has not shot down. Just be careful shorts It looks as if bears are exhausted. I longed at 1556.00 a bit of a risk but close stop. (Please don't follow me blindly to any newbies) I don't usually gamble like this but I am getting this gut feeling.


us data positive but seen like gold bounce back at 1555.5....
Quoting Gbpnewbird
us data positive but seen like gold bounce back at 1555.5....
The bears showed weakening and a retrace of some sort was in process before the news. The news just made some noise (and very little at that) so retrace is back on track IMO.

1561.50 I have a number of ma's acting as resistance. An hourly close above that, it could be a further climb. I will hang on to my long though in case it's a complete directional change. As I stated before I follow the fractals with my stop until I get stopped out. Currently fractal is at 1554. No great loss if it drops.
Quoting lexazver
lowered stop to 63
got kicked out at -2
Just when you think it is going to move up again something pushes it down, almost like an evil force that wants it kept low.
Quoting manilaguy
Just when you think it is going to move up again something pushes it down, almost like an evil force that wants it kept low.
let it go down.....
Wooooohooooo or Boooooohooooo
Quoting gnomoneey
let it go down.....
1557 support and 1561 resistance.....enjoy the small range....
Wooooohooooo or Boooooohooooo
Quoting Macedonia
The bears showed weakening and a retrace of some sort was in process before the news. The news just made some noise (and very little at that) so retrace is back on track IMO. 1561.50 I have a number of ma's acting as resistance. An hourly close above that, it could be a further climb. I will hang on to my long though in case it's a complete directional change. As I stated before I follow the fractals with my stop until I get stopped out. Currently fractal is at 1554. No great loss if it drops.

wow, nice bounce. hit 1565 now, hopefully it can move to 1571 today.
just hit 1565 ahhh thats better lol
Quoting victorjaze
Your levels workin good I made $57 kindly post more
still in the zone bro..
GBP/USD
Quoting deepak925
still in the zone bro..
Attached Image (click to enlarge)
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GBP/USD
Kazakhstan central bank says may increase share of gold in reserves. - looks like Cyprus found the buyer ))
i wonder why gold shows giraffe pattern after every 2-3 days...however today i think it just short covering and bear will take over very soon
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