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  • #788,141
  • Apr 16, 2013 5:54am Apr 16, 2013 5:54am
Quoting divak
"On the PA ?" was that an argument? i agree 1.3030 is strong, but i dont see reasonable reason to go much higher without a stop below 1.30 first. it's a matter of time to me. they played all week the same game with EURJPY, then we had our correction....
When you see price going straight from the bottom throughout whole intraday range and making new highs in one go - thats the only argument you can find in that situation. It doesnt mean that in wont retrace or whaqt ever, but surelly its not bearish for now
69
  • #788,142
  • Apr 16, 2013 5:57am Apr 16, 2013 5:57am
Quoting divak
"On the PA ?" was that an argument? i agree 1.3030 is strong, but i dont see reasonable reason to go much higher without a stop below 1.30 first. it's a matter of time to me. they played all week the same game with EURJPY, then we had our correction....
Open a eurusd chart and have a look at the PA.
It's not an argument, it's a fact.

I don't care about fundies, or where the pair should go before here or there, it's just a bullshit statement to me, sorry.

Well...have you seen any specific reason to go from 1,2700 to 1,3100 in no time ? Or for Gold to lose more than 100 dollars in 2 days ?
Don't look for reasons.

And for eurjpy ? don't know, i'm not even looking at it
COT: The precious data ignored
  • #788,143
  • Apr 16, 2013 5:58am Apr 16, 2013 5:58am
Quoting Likerty
When you see price going straight from the bottom throughout whole intraday range and making new highs in one go - thats the only argument you can find in that situation. It doesnt mean that in wont retrace or whaqt ever, but surelly its not bearish for now
sure, but FYI, intraday range so far (before that move) was.... 50 pips. Im not convinced that's a "meaningful" range.
  • #788,144
  • Apr 16, 2013 5:59am Apr 16, 2013 5:59am
Quoting Likerty
If 3100 gives, looks like 3115 is next
does 3113 still has some teeth for now see what this hr close will give
If you are new to Forex? Say Goodbye to your account!!
  • #788,145
  • Apr 16, 2013 6:00am Apr 16, 2013 6:00am
Quoting KiwiTrada
does 3113 still has some teeth for now see what this hr close will give
hourly saying take out 13.6

ps: i don't have any trade
Mohan
  • #788,146
  • Apr 16, 2013 6:01am Apr 16, 2013 6:01am
Quoting piptastic7
What is a short setup?
A short setup ?

Depends the way you trade...for some people it can be a MACD/RSI cross down below 0, for some other it can be bounces from a resistance area..etc..

I can't explain it to you. I have my own short setups buddy.
COT: The precious data ignored
  • #788,147
  • Apr 16, 2013 6:01am Apr 16, 2013 6:01am
We welcome you to the club Turkey. They just cut their rate. Joining the Central Banks club. More liquidity weeee
"You're solid gold, see you in hell"
  • #788,148
  • Apr 16, 2013 6:02am Apr 16, 2013 6:02am
Quoting P.Action
3143 daily 100 sma 3160 daily high of 28.02 3171 mid point 38.2-50 fibo level. we will see which will be strong wall.

same conditions
  • #788,149
  • Apr 16, 2013 6:04am Apr 16, 2013 6:04am
Quoting divak
sure, but FYI, intraday range so far (before that move) was.... 50 pips. Im not convinced that's a "meaningful" range.
Its not the disctance of the range that is meaningful, but the levels in between which it was formed
69
  • #788,150
  • Apr 16, 2013 6:05am Apr 16, 2013 6:05am
Quoting Likerty
Its not the disctance of the range that is meaningful, but the levels in between which it was formed
Exactly, couldn't sum it up better
COT: The precious data ignored
  • #788,151
  • Apr 16, 2013 6:07am Apr 16, 2013 6:07am
Quoting P.Action
same conditions
are you looking for short at the strong wall?
  • #788,152
  • Apr 16, 2013 6:08am Apr 16, 2013 6:08am
New rally coming up?
  • #788,153
  • Apr 16, 2013 6:10am Apr 16, 2013 6:10am
Out of long @ 50 for +55

Short @ 1.3099 when LO was hit

Existing long @ 1.3131
Trade smaller than rational because the market is irrational...
  • #788,154
  • Apr 16, 2013 6:12am Apr 16, 2013 6:12am
Quoting msetai
are you looking for short at the strong wall?

i have key levels. any key level must be broken. son i dont know bounce or break for now. but i will look for bounce confirmation at those price. maybe enter short. chart must be drawen to decide
  • #788,155
  • Apr 16, 2013 6:12am Apr 16, 2013 6:12am
we have 1.31 as I wrote.Now will try 1,3150-70 so I think
We'll see what will be the Draghi
  • #788,156
  • Apr 16, 2013 6:12am Apr 16, 2013 6:12am
Morning... I see the conspirators manipulated the cripple up, huh?
  • #788,157
  • Apr 16, 2013 6:12am Apr 16, 2013 6:12am
Closed 2/3 of the long I took @daily pivot after German ZEW close to daily R1. Current PA invites me to leave 1/3 open for the moment and dream of other long entries. SL adjusted, will wait till 2 pm, ahead of US data.
After hitting daily R1, 1.31 is holding fine. Let's see where do we go.
  • #788,158
  • Apr 16, 2013 6:14am Apr 16, 2013 6:14am
I still strongly believe it might turn at 1.3126-36.
i would play with a tight stop to 48
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  • #788,159
  • Apr 16, 2013 6:14am Apr 16, 2013 6:14am
Quoting OsloFX
New rally coming up?

booring rally... i got out
  • #788,160
  • Apr 16, 2013 6:16am Apr 16, 2013 6:16am
they are almost at their target 1.3128
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