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  • #799,521
  • May 21, 2013 4:52am May 21, 2013 4:52am
Quoting kuroro001
{quote} Range is getting bigger, but so far swing is getting downside oriented with every 5mn low being bought...same thing as yesterday but bigger size. I'm waiting for some squeeze down to then reverse the thing up....or at least another 5mn swing low
Yes, you are right, bigger swings. Myself I cannot get a feel for what is going on, so I stay aside, which is a great position to be in sometime.
  • #799,522
  • May 21, 2013 4:54am May 21, 2013 4:54am
try L 2871 sl 2863
  • #799,523
  • May 21, 2013 4:54am May 21, 2013 4:54am
Mhmmm... I just take my shorts off now and enjoy the early summer, small profit is profit as well, leaving my longs for the future... .2840's beginning to be more important by the minute, can cause a range between 2905-2845. Scalper heaven!

Green pips everyone!
  • #799,524
  • May 21, 2013 4:54am May 21, 2013 4:54am
Quoting tomspin
{quote} H4 is getting good mommentum from 1,2900, there is good potential for clear swing down to establish new low for the week, still no clear commitment. We will prolly play these lines till Ben
got 3 BE hits already today last one stands at 76 atm, if they get me I will stand aside
swing it!
  • #799,525
  • May 21, 2013 4:55am May 21, 2013 4:55am
I am gonna short this if it go above 1.2887 and reverse with increasing volume.
  • #799,526
  • May 21, 2013 4:55am May 21, 2013 4:55am
Quoting sharovegas
Long @ 1.2880. Expact TP @ 1.2990. H4 volume shows bulls.
What about the H4 volume shows bulls??
  • #799,527
  • May 21, 2013 5:00am May 21, 2013 5:00am
Quoting citizen1981
I am gonna short this if it go above 1.2887 and reverse with increasing volume.
the same
  • #799,528
  • May 21, 2013 5:02am May 21, 2013 5:02am
Quoting tomspin
{quote} got 3 BE hits already today last one stands at 76 atm, if they get me I will stand aside
I haven't even bother to try a trade this morning.
Was about to pull the trigger at 80, but chickened out.

h1 is in favor of the bears....or at least a new 5mn swing low to 1,2850, if broken maybe 1,282x.

I want to see if a new 5mn low brings a retracement up again or not.
COT: The precious data ignored
  • #799,529
  • May 21, 2013 5:09am May 21, 2013 5:09am
Quoting kuroro001
{quote} I haven't even bother to try a trade this morning. Was about to pull the trigger at 80, but chickened out. h1 is in favor of the bears....or at least a new 5mn swing low to 1,2850, if broken maybe 1,282x. I want to see if a new 5mn low brings a retracement up again or not.
if we close next H4 candle below low of today that's about 20 pips from here, bears got chance for a decent move
swing it!
  • #799,530
  • May 21, 2013 5:17am May 21, 2013 5:17am
Quoting kuroro001
We are in a stupid range...Nothing clear Still side line.
boss, what you say is it range or a broken channel?
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  • #799,531
  • May 21, 2013 5:22am May 21, 2013 5:22am
Done for the day.
  • #799,532
  • May 21, 2013 5:24am May 21, 2013 5:24am
Quoting Mahfooz
{quote} boss, what you say is it range or a broken channel? {image}
I'm not trading TL, but by the look of it, it seems to be a broken channel with a retest of it...
If we say the channel is 60 pips, broken at 1,287x...so the target would be 1,281x

If it works that'd be perfect because i want to see that tp without trading channels
COT: The precious data ignored
  • #799,533
  • May 21, 2013 5:28am May 21, 2013 5:28am
Quoting kuroro001
{quote} I'm not trading TL, but by the look of it, it seems to be a broken channel with a retest of it... If we say the channel is 60 pips, broken at 1,287x...so the target would be 1,281x If it works that'd be perfect because i want to see that tp without trading channels
very well
  • #799,534
  • May 21, 2013 5:28am May 21, 2013 5:28am
Quoting ikdenk
{quote} Sir Hatch, what is this tf please. And what do 3x, 2.5x represent? All the mids are 211 points apart and all the mofus are 24/25 from the mids.
Are you really in new zeeland?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #799,535
  • May 21, 2013 5:33am May 21, 2013 5:33am
Quoting tomspin
{quote} if we close next H4 candle below low of today that's about 20 pips from here, bears got chance for a decent move
it will also make 2740/50 a valid target
swing it!
  • #799,536
  • May 21, 2013 5:33am May 21, 2013 5:33am
GU breaking daily lows...it may head to 1,5000 in the next few days.

Let's see if EU follows it towards new low.
COT: The precious data ignored
  • #799,537
  • May 21, 2013 5:34am May 21, 2013 5:34am
1 thing for sure, my shorts are in place since yesterday and they are gonna pay off
New voice message: Why are you calling me? If I need you, I'll call you!
  • #799,538
  • May 21, 2013 5:35am May 21, 2013 5:35am
price trading below both weekly and daily pivot. Short @ 2855
  • #799,539
  • May 21, 2013 5:35am May 21, 2013 5:35am
cable & geppy bears are attacking very good support, this could turn into nasty nasty period for gbp
If you are new to Forex? Say Goodbye to your account!!
  • #799,540
  • May 21, 2013 5:38am May 21, 2013 5:38am
Quoting KillerWhale
1 thing for sure, my shorts are in place since yesterday and they are gonna pay off
at what prices are you short ?
"You're solid gold, see you in hell"
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