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  • #796,501
  • May 9, 2013 10:40pm May 9, 2013 10:40pm
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 9, 2013 10:46pm May 9, 2013 10:46pm
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 9, 2013 10:49pm May 9, 2013 10:49pm
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 9, 2013 10:57pm May 9, 2013 10:57pm
/*******************
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 9, 2013 10:58pm May 9, 2013 10:58pm
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 9, 2013 11:05pm May 9, 2013 11:05pm
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 9, 2013 11:12pm May 9, 2013 11:12pm
arrr! Looks like USD bulls are not satisfied yet!
  • #796,508
  • May 9, 2013 11:13pm May 9, 2013 11:13pm
Little bit of over reaction on the German TB.
  • #796,509
  • May 9, 2013 11:13pm May 9, 2013 11:13pm
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 9, 2013 11:24pm May 9, 2013 11:24pm
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 9, 2013 11:26pm May 9, 2013 11:26pm
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 9, 2013 11:29pm May 9, 2013 11:29pm
I thought that was just a little over reaction. 3100 here we come
  • #796,513
  • May 9, 2013 11:41pm May 9, 2013 11:41pm
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 9, 2013 11:43pm May 9, 2013 11:43pm
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 11:48pm May 9, 2013 11:47pm | Edited 11:48pm
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 9, 2013 11:50pm May 9, 2013 11:50pm
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 9, 2013 11:50pm May 9, 2013 11:50pm
pending sell 1.3088
  • #796,518
  • May 9, 2013 11:53pm May 9, 2013 11:53pm
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 12:00am May 10, 2013 12:00am
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 12:07am May 10, 2013 12:07am
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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