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  • #796,501
  • May 10, 2013 12:40am May 10, 2013 12:40am
Quoting 1MoreCandle
I am expecting a retracement back to the 3100-3110 area. I have taken a long and this is my TP. Anybody have any thoughts on any retracement for today?
I agree with this, unless the German TB is way off, it should retrace to past 3100
  • #796,502
  • May 10, 2013 12:46am May 10, 2013 12:46am
For me, there is no signal for long position but i am not very experienced. I depend on my chart. My chart tells me that if this is long position then TP is 1.3210 (My upper dotted line) at this time.
Love for all; Hatred for none.
  • #796,503
  • May 10, 2013 12:49am May 10, 2013 12:49am
Quoting Avir
{quote} Since i am long from 3024 i'd like it to go back all the way to 3177 but London left her at 3100 ish so your numbers may be valid. - then again i am not one of those fat fingers who move the shit around so No Idea
Good call on the 3024 entry .....I was at work and could not get in on a good entry point for today's action. I am in at 3043 which should provide some upside.
  • #796,504
  • May 10, 2013 12:57am May 10, 2013 12:57am
/*******************
Quoting aahmad29
I am very happy. I got 116 pips profit in this week. All three pairs are in sell mode (AUDUSD, EURUSD,GBPUSD). I will wait for those pairs to take long position and then i will place buy order. My TP has been achieved. {image}


wow you entered a short trade 1.30915 with a TP @ 1.30900 wow you targeted .00015 pips
then a short entry @ 1.30757 with a TP @ 1.30750 wow this time was target .00007 pips 10hrs later you got your .00007 of a pip

of course no sl, but at that rate I guess your success rate looks very good, and in 3000 years you might achieve 50pips

BBL
If you are new to Forex? Say Goodbye to your account!!
  • #796,505
  • May 10, 2013 12:58am May 10, 2013 12:58am
Quoting 1MoreCandle
{quote} Good call on the 3024 entry .....I was at work and could not get in on a good entry point for today's action. I am in at 3043 which should provide some upside.
The whole move was due to UJ and the currency war between Japan and South Korea yesterday, UJ currently just under 101, if it goes up again my stop at 3009 will be hit soon - just a hope that London will retrace some
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #796,506
  • May 10, 2013 1:05am May 10, 2013 1:05am
Quoting TrevorM
{quote} I agree with this, unless the German TB is way off, it should retrace to past 3100
yes i also have placed a short entry around 3090 region waiting for a retrace... it is based on my 4hr trendline let's see what market has to offer... alternatively a break below 3000 will enter short straight away..
Wait for the market to come to you.. then take the green pips..
  • #796,507
  • May 10, 2013 1:12am May 10, 2013 1:12am
arrr! Looks like USD bulls are not satisfied yet!
  • #796,508
  • May 10, 2013 1:13am May 10, 2013 1:13am
Little bit of over reaction on the German TB.
  • #796,509
  • May 10, 2013 1:13am May 10, 2013 1:13am
Quoting 1MoreCandle
{quote} Good call on the 3024 entry .....I was at work and could not get in on a good entry point for today's action. I am in at 3043 which should provide some upside.
Did you managed to get in now??
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #796,510
  • May 10, 2013 1:24am May 10, 2013 1:24am
Quoting yelena
{quote} or maybe we can wait for 2994 (200pips from 3194) with a 30 SL to TP 3209, give or take 5 trading days.
If my stop goes, it might be a good idea 3094 is not a bad place but not sure 30 pip stop is enough though why not 3078 instead of 3094?
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #796,511
  • May 10, 2013 1:26am May 10, 2013 1:26am
Quoting Avir
{quote} If my stop goes, it might be a good idea 3094 is not a bad place but not sure 30 pip stop is enough though why not 3078 instead of 3094?
And 200DMA is currently at 2975
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #796,512
  • May 10, 2013 1:29am May 10, 2013 1:29am
I thought that was just a little over reaction. 3100 here we come
  • #796,513
  • May 10, 2013 1:41am May 10, 2013 1:41am
Quoting TrevorM
I thought that was just a little over reaction. 3100 here we come
Indeed it seems like LONG setup with target at @1.3100. I am waiting for beter price to enter around @1.3030.
  • #796,514
  • May 10, 2013 1:43am May 10, 2013 1:43am
Morning,

I'll only buy if there is a move below 1,3015, and PA agrees for a long.

Otherwise shorts for the win, and i may add near 1,306x-7x
COT: The precious data ignored
  • #796,515
  • Edited 1:48am May 10, 2013 1:47am | Edited 1:48am
Quoting Mmorpg
{quote} Took like 10 million years to reach here..... Likely to see a decent reaction. Hope to see 1.297, but will exit if i don't feel good of the reactions at the supports while it is on its way.
Closed 2nd half position. 1st tp 85pips, 2nd tp 151 pips.
  • #796,516
  • May 10, 2013 1:50am May 10, 2013 1:50am
Quoting kuroro001
I'll only buy if there is a move below 1,3015, and PA agrees for a long. Otherwise shorts for the win, and i may add near 1,306x-7x
Morning,

I am closely going thru your comments and they are really good. Perfect future movements.

I am short @ 1.3038 and trgt is 1.3095.

Pl. tell me also what is PA you mentioned.

Thanks
  • #796,517
  • May 10, 2013 1:50am May 10, 2013 1:50am
pending sell 1.3088
  • #796,518
  • May 10, 2013 1:53am May 10, 2013 1:53am
Quoting citizen1981
{quote} Indeed it seems like LONG setup with target at @1.3100. I am waiting for beter price to enter around @1.3030.
Price went up without reverse. I am waiting for some manipulation around @1.3051 and looking for SHORT position.
  • #796,519
  • May 10, 2013 2:00am May 10, 2013 2:00am
Quoting citizen1981
{quote} Price went up without reverse. I am waiting for some manipulation around @1.3051 and looking for SHORT position.
It was a volume retrace. Vol was so big it had to retrace up to it's 1,304x resistance.

Once we reach the low back, we'll know if they were real buyers or just shorts taking profits.
COT: The precious data ignored
  • #796,520
  • May 10, 2013 2:07am May 10, 2013 2:07am
Quoting kuroro001
{quote} It was a volume retrace. Vol was so big it had to retrace up to it's 1,304x resistance. Once we reach the low back, we'll know if they were real buyers or just shorts taking profits.
It was a ACB move I guess. They are buying to diversify the USD
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