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  • #787,501
  • Apr 15, 2013 6:29am Apr 15, 2013 6:29am
Quoting attila
I'm actually looking to long. Waiting for H close.
No problem with it, it's always good to short at higher price!

I just don't want to get stuck with a long that high...and right under the daily resistance...hence i'll only look for shorts for now
COT: The precious data ignored
  • #787,502
  • Apr 15, 2013 6:29am Apr 15, 2013 6:29am
Even though Gold is selling off it pays to remember what it is: An ultimate asset

Just like food it will never go to 0

Buying in a pyramid formation at major HSR points will reward you with wealth

Gold has been a store of value for 5000 years. Nothing except food comes close to that.
Trade smaller than rational because the market is irrational...
  • #787,503
  • Apr 15, 2013 6:30am Apr 15, 2013 6:30am
Quoting szpowerx
Waiting for short above 84. Reason: Resistance zone
Waiting.
Outcome is not important at all, but correct technique is what only matters
  • #787,504
  • Apr 15, 2013 6:30am Apr 15, 2013 6:30am
Quoting kuroro001
I won't touch the buy button...until i see new lows...heading for 1,3015 here. But i'm curious about the 1,303x bouncing area. Ultimate target 1,292x which correspond to the area one hour before NFP data got released. That's where pair got bought
My guess is if it breaks that H1 consolidation area from last wednesday (3035 support), than 38 fib at 2980'ties - in no time.
69
  • #787,505
  • Apr 15, 2013 6:32am Apr 15, 2013 6:32am
Quoting Likerty
will exit if PA changes.. 3075 is the line in the sand - if 75 gets crossed again will exit and re-enter at 3087
flirting with that 3075 level
  • #787,506
  • Apr 15, 2013 6:33am Apr 15, 2013 6:33am
EU D1

13160 in sight ... door slightly open for 13020 though
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  • #787,507
  • Apr 15, 2013 6:33am Apr 15, 2013 6:33am
Quoting kuroro001
On m5 everytime it goes higher, pair is sold a few minutes after.
Not everytime we had one bullish , but yes, they´r doing it. I think they target m15, candles pointing down, apart for my favourite white.
Attached Image (click to enlarge)
Click to Enlarge Name: m15.gif Size: 20 KB
"I know one thing, that I know nothing." Sokrates
  • #787,508
  • Apr 15, 2013 6:34am Apr 15, 2013 6:34am
Quoting msetai
flirting with that 3075 level
I've exited at 65 already - as EJ bounced from support and GU turned bullish again at that moment..

Next entry at just above 90'ties looks more interesting now than mentioned 87..
69
  • #787,509
  • Apr 15, 2013 6:35am Apr 15, 2013 6:35am
took a short at EJ , SL strict 10 pips
  • #787,510
  • Apr 15, 2013 6:36am Apr 15, 2013 6:36am
Quoting Likerty
3087 could be a nice spot for intraday short
looking 3085 to cover my longs.
thinking 3097 atm as a spot to look for shorts though

edit: without a close above 3078
  • #787,511
  • Apr 15, 2013 6:39am Apr 15, 2013 6:39am
Quoting Tom_D_Trader
Not everytime we had one bullish , but yes, they´r doing it. I think they target m15, candles pointing down, apart for my favourite white. {image}
plenty of stories being told by m15
  • #787,512
  • Apr 15, 2013 6:39am Apr 15, 2013 6:39am
Quoting ec_creep
looking 3085 to cover my longs. thinking 3097 atm as a spot to look for shorts though
As price inching with every new wave - I'm looking for further levels and last sell-off point at 3100 (asia session) looks like the last point of patience for today
69
  • #787,513
  • Apr 15, 2013 6:43am Apr 15, 2013 6:43am
Long @ 80
Trade smaller than rational because the market is irrational...
  • #787,514
  • Apr 15, 2013 6:45am Apr 15, 2013 6:45am
Quoting EuroTraderJD
Long @ 80
ummm I just went short @ 77
Attached Image
  • #787,515
  • Apr 15, 2013 6:46am Apr 15, 2013 6:46am
The name of this game is patience.
Outcome is not important at all, but correct technique is what only matters
  • #787,516
  • Apr 15, 2013 6:46am Apr 15, 2013 6:46am
Until ECB President Draghi Speaks no direction for EUR ... in aprox 1hour and 15 min
  • #787,517
  • Apr 15, 2013 6:47am Apr 15, 2013 6:47am
Quoting MaxDoom
ummm I just went short @ 77 {image}
LOL Me and Max arm wrestling in the Euro arena..
Trade smaller than rational because the market is irrational...
  • #787,518
  • Apr 15, 2013 6:49am Apr 15, 2013 6:49am
Quoting EuroTrader
Until ECB President Draghi Speaks no direction for EUR ... in aprox 1hour and 15 min
That may be a good point.

I have a client meeting @ 9A Eastern so what I have I will keep. (short @57 & long @ 80)
Trade smaller than rational because the market is irrational...
  • #787,519
  • Apr 15, 2013 6:49am Apr 15, 2013 6:49am
Quoting MaxDoom
ummm I just went short @ 77 {image}
are you looking for a break of 3036?

do you have a tight sl on this one?

edit: i am short here as well 3077 but my sl is a little above 30927...and tp at least 3045
  • #787,520
  • Apr 15, 2013 6:49am Apr 15, 2013 6:49am
Quoting EuroTrader
Until ECB President Draghi Speaks no direction for EUR ... in aprox 1hour and 15 min
Sure, at that time, it would be a good trigger.
Outcome is not important at all, but correct technique is what only matters
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