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  • #854,961
  • Nov 20, 2013 1:43pm Nov 20, 2013 1:43pm
today is not my day
still thinking of 3405 long tp 3496
  • #854,962
  • Nov 20, 2013 1:44pm Nov 20, 2013 1:44pm
Well taking another partial and going to tell mommy I ve made for rent . Cya later and GL,
T
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"I know one thing, that I know nothing." Sokrates
  • #854,963
  • Nov 20, 2013 1:45pm Nov 20, 2013 1:45pm
Quoting julia2011
today is not my day still thinking of 3405 long tp 3496

I would not be long right now.

Why don't you just sit out and let the market do what it wants ? You don't have to be in a trade.
  • #854,964
  • Nov 20, 2013 1:47pm Nov 20, 2013 1:47pm
Quoting Matts Micro
Today could be a catalyst for trend direction imo. If we break back into the daily channel then bulls will likely take us back up to top. If there is a strong rejection then the bears will confirm a bo from the channel that should take pa to at least around the 3120 area. {image}
Will have to see if this move has enough punch in it break monthly lower TL. If it does the aussie may become better value than the euro
As the lights go by so too do the shadows move
  • #854,965
  • Nov 20, 2013 1:48pm Nov 20, 2013 1:48pm
short here since 1.3500 not sure to close position now or hold till 1.34 daily candle seems like a BEEB (or bearish outside bar if you prefer)

thoughts ?
  • #854,966
  • Edited 2:04pm Nov 20, 2013 1:51pm | Edited 2:04pm
Quoting EternalNewB
short here since 1.3500 not sure to close position now or hold till 1.34 daily candle seems like a BEEB (or bearish outside bar if you prefer) thoughts ?
it's a long way down based on solid thin air in my view. I don't see a change soon but I am expecting a reaction from gold to pave the way. I don't see this coming to an end until 13390 based on my bollinger bands.
  • #854,967
  • Nov 20, 2013 1:51pm Nov 20, 2013 1:51pm
I believe some of this falling might still be in conjunction with comments from ECB on negative rates. That's pretty heavy rhetoric.
  • #854,968
  • Nov 20, 2013 1:53pm Nov 20, 2013 1:53pm
Quoting Greener
{quote} it's a long way down based on solid thin air in my view. I don't see a change soon but I am expecting a reaction from gold to pave the way.
Thank you ... Will hold for now and see how it goes during the asian session

Cheers
  • #854,969
  • Nov 20, 2013 1:53pm Nov 20, 2013 1:53pm
Timberrr!
  • #854,970
  • Nov 20, 2013 1:53pm Nov 20, 2013 1:53pm
Quoting julia2011
today is not my day still thinking of 3405 long tp 3496
134.14 is a solid support i was looking for this as a possible down side target. this might be the low but i dont think so. if we retrace to 135 area in the next 10 hours i think we'll see 133.60's/40's before resuming up.

134.029 is looking good too
  • #854,971
  • Nov 20, 2013 1:53pm Nov 20, 2013 1:53pm
Quoting EternalNewB
short here since 1.3500 not sure to close position now or hold till 1.34 daily candle seems like a BEEB (or bearish outside bar if you prefer) thoughts ?
Set SL at BE+ and let it ride to your target. Start deciding where you will reenter if you get stopped out.
  • #854,972
  • Nov 20, 2013 1:53pm Nov 20, 2013 1:53pm
Quoting EternalNewB
short here since 1.3500 not sure to close position now or hold till 1.34 daily candle seems like a BEEB (or bearish outside bar if you prefer) thoughts ?
You should hold it and only close it on 1.33 range. The risk of it testing 1.35 is low, even worst going above it.
  • #854,973
  • Nov 20, 2013 1:56pm Nov 20, 2013 1:56pm
Quoting TheChef
{quote} Set SL at BE+ and let it ride to your target. Start deciding where you will reenter if you get stopped out.
Quoting Lottaa
{quote} You should hold it and only close it on 1.33 range. The risk of it testing 1.35 is low, even worst going above it.



Thank you guys (or ladies) I just moved my SL to BE (+1 pip) and will let it run


NewBie here thanks for the help again
  • #854,974
  • Nov 20, 2013 1:57pm Nov 20, 2013 1:57pm
No one wants short at this price. May need to see 1.3450 before we head further south.
  • #854,975
  • Nov 20, 2013 1:59pm Nov 20, 2013 1:59pm
Gold still tanking like tiennaman square
  • #854,976
  • Nov 20, 2013 1:59pm Nov 20, 2013 1:59pm
inverse h&s on DXY now in place...could rip if the party really gets going ...will only sell eu from here on any retr...

someone was asking abt. the "bombshell" source... a trader at Ryland Capital [FL] was putting it about...might have been others..
  • #854,977
  • Nov 20, 2013 2:00pm Nov 20, 2013 2:00pm
Quoting britc17
No one wants short at this price. May need to see 1.3450 before we head further south.

Fully agree, party is over for now
  • #854,978
  • Nov 20, 2013 2:03pm Nov 20, 2013 2:03pm
If we do make it to 1.3300, keep in mind there were a lot of buyers there last time!
  • #854,979
  • Nov 20, 2013 2:04pm Nov 20, 2013 2:04pm
Party just about to start lol

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  • #854,980
  • Nov 20, 2013 2:06pm Nov 20, 2013 2:06pm
B @ 1.3575 is 50% fib retracement from EA

Market is going to C: (At least to 1.3300 for a double bottom)

http://www.myfxbook.com/files/CrazyT...OREjFVdZ6J.png
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