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  • #792,621
  • Apr 29, 2013 1:00pm Apr 29, 2013 1:00pm
Trade open: short 3096 sl:-40 tp:+40

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  • #792,622
  • Apr 29, 2013 1:05pm Apr 29, 2013 1:05pm
Quoting kuroro001
Short EU...looking at 1,307x and 1,305x.
I have a feeling that it goes straight to 1.2900 from here

1.3128 must hold for this scenario
69
  • #792,623
  • Apr 29, 2013 1:11pm Apr 29, 2013 1:11pm
Quoting Likerty
{quote} I have a feeling that it goes straight to 1.2900 from here 1.3128 must hold for this scenario
Hard to believe because a busy week pending.
You cannot learn better without losing
  • #792,624
  • Apr 29, 2013 1:11pm Apr 29, 2013 1:11pm
Quoting Likerty
{quote} I have a feeling that it goes straight to 1.2900 from here
One could only hope.

It's my opinion the H&S will complete itself, with a small stall at the 1.3 psychological resistance again. I've currently got a short in with a stop around 1.32, and a target of 1.28xx. Normally I'd wait until after Friday NFP, but I'll be on vacation thurs.

Should I get stopped out @ 1.32xx, I'll still be looking to short the double top & the H&S will still be in play.

Good luck to yall. By the way, this is my 1st post here. Nice to meet you
  • #792,625
  • Apr 29, 2013 1:12pm Apr 29, 2013 1:12pm
Quoting meromar
Trade open: short 3096 sl:-40 tp:+40 {image}
Closed in +
  • #792,626
  • Apr 29, 2013 1:14pm Apr 29, 2013 1:14pm
Quoting forexings
{quote} Hard to believe because a busy week pending.
original plan from the weekend was that EU dives in to 1.2900 before the rate cut release and than goes up with no-cut decision..
69
  • #792,627
  • Apr 29, 2013 1:16pm Apr 29, 2013 1:16pm
Quoting Likerty
{quote} I have a feeling that it goes straight to 1.2900 from here 1.3128 must hold for this scenario
I stopped trading on feelings .... but these targets are just areas where euro may go, and not reverse.

I may hold them until i see a reversal...so we'll far how far this trade can go.
COT: The precious data ignored
  • #792,628
  • Apr 29, 2013 1:24pm Apr 29, 2013 1:24pm
Quoting kuroro001
{quote} I stopped trading on feelings .... but these targets are just areas where euro may go, and not reverse. I may hold them until i see a reversal...so we'll far how far this trade can go.
thats a bad word In other words - all the recent bullishness looks like crap until 3128 high sits in its place..
69
  • #792,629
  • Apr 29, 2013 1:30pm Apr 29, 2013 1:30pm
Quoting Likerty
{quote} thats a bad word In other words - all the recent bullishness looks like crap until 3128 high sits in its place..
Feeling is a bad one, especially in trading

Looking for shorts as well ?

To help my case there is the weekly close not reached yet on the downside near 1,3030
COT: The precious data ignored
  • #792,630
  • Apr 29, 2013 1:50pm Apr 29, 2013 1:50pm
Quoting Likerty
Long GU again.. with 5565 in mind
and out... 5450's is next place to look for sneaky longs
69
  • #792,631
  • Apr 29, 2013 1:56pm Apr 29, 2013 1:56pm
Quoting Likerty
{quote} and out... 5450's is next place to look for sneaky longs

If you dont mind probably 5473 -75

could be before

Regards
  • #792,632
  • Apr 29, 2013 2:17pm Apr 29, 2013 2:17pm
Quoting Piporro
{quote} If you dont mind probably 5473 -75 could be before Regards
just above 5466 could be the spot
69
  • #792,633
  • Apr 29, 2013 2:28pm Apr 29, 2013 2:28pm
Quoting Likerty
{quote} just above 5466 could be the spot
Supply and demand zones sometimes can be wide i like better to wait and see what PA dictates, running less trades but more profit ones works 4 me better to have less exposure to risk

Regards
  • #792,634
  • Apr 29, 2013 2:51pm Apr 29, 2013 2:51pm
Am somehow impressed about the market for today. It was funny though painful. The brokers tried really had to take out short cis the us news effect on the market went the other way. Let's watch out for some shorts. Now am placing them real time. Watching the levels 1.3000 and 1.2900.
  • #792,635
  • Apr 29, 2013 3:02pm Apr 29, 2013 3:02pm
Quoting freelinks
Am somehow impressed about the market for today. It was funny though painful. The brokers tried really had to take out short cis the us news effect on the market went the other way. Let's watch out for some shorts. Now am placing them real time. Watching the levels 1.3000 and 1.2900.
Already in the process...wait for the trigger now

I don't know about 1,2900...but 1,3000 is possible even though it seems to be pretty far away for now.
COT: The precious data ignored
  • #792,636
  • Apr 29, 2013 3:03pm Apr 29, 2013 3:03pm
Quoting Likerty
{quote} I have a feeling that it goes straight to 1.2900 from here 1.3128 must hold for this scenario
im good follow for all your posts but why you suppose this scenario
on base of the news tomorrow or what ?
Investing is SIMPLE but NOT EASY
  • #792,637
  • Apr 29, 2013 3:28pm Apr 29, 2013 3:28pm
Quoting kuroro001
{quote} Already in the process...wait for the trigger now I don't know about 1,2900...but 1,3000 is possible even though it seems to be pretty far away for now.

What do you know that gives you such confidence within your forecast of 1.3000? Did it bounce off the UTL of your channel on your H4? Assuming that you are a great technician of TA.
Luck has no place in trading. Leave that for the poker table.
  • #792,638
  • Edited Apr 30, 2013 9:02am Apr 29, 2013 3:29pm | Edited Apr 30, 2013 9:02am
I'll not be surprised to see 1.325 this week !?
definitely !
  • #792,639
  • Apr 29, 2013 3:36pm Apr 29, 2013 3:36pm
Quoting Miguel.N
I'll not be surprised to see 1.325 this week !?
What is your bias of 1.325 based on?
Luck has no place in trading. Leave that for the poker table.
  • #792,640
  • Apr 29, 2013 3:43pm Apr 29, 2013 3:43pm
Quoting Pair-me-up
{quote} What do you know that gives you such confidence within your forecast of 1.3000? Did it bounce off the UTL of your channel on your H4? Assuming that you are a great technician of TA.
Like i said 1,3000 looks far away for now.

What i see is 1,3070 as next area down to 1,3030 (weekly close)...then we'll check again once/if we get there.

What gives me confidence about my short is the PA my friend....i'm looking at the way price is moving around levels.
Double bounce off 1,311x area...dip to 1,3080, and now 1,3100 is rejected so far.

And i don't know nothing about technical analysis, nothing about TL, nothing about patterns, nothing about indicators...well nothing about trading
I just open a chart, and use my eyes to make my own interpretation of what i see....i'm just a gambler with a bit of understanding of money management we can say

I'll add shorts if we print new highs (i'll check the european session, not point trading the asian one)...but for now i'll head to sleep
COT: The precious data ignored
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