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  • #18,121
  • Jan 3, 2014 3:39am Jan 3, 2014 3:39am
Quoting danc
{quote} Out with small loss and waiting.. still think hier
Looks like downward continuation, but your entry should have been a breakout one, could have gone higher.
  • #18,122
  • Jan 3, 2014 9:34am Jan 3, 2014 9:34am
Closed 3629, 40 and 48 shorts at 3608. 3599 reached
  • #18,123
  • Jan 3, 2014 2:46pm Jan 3, 2014 2:46pm
Projected Target has been hit! - 3585!
  • #18,124
  • Jan 6, 2014 3:29am Jan 6, 2014 3:29am
Hello traders!

Today we might have a ranging day between channel which has been formed on the pair. I have marked Points of Confluence ( POC ) and possibly we might have some short selling opportunities over there. 3520-15 may be targets only if EUR breaks out of 3575-65 region that is why we should try to find shorting opportunities around POCs which give us good r:r. Trailing stop is advisable when trading in the channel. Only above 3645 EUR might try to retrace a bit higher to 3680.

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  • #18,125
  • Jan 6, 2014 5:53am Jan 6, 2014 5:53am
Perfect Short per analysis @ 3622 just at POC 1 20 pips so far.
  • #18,126
  • Jan 6, 2014 10:16am Jan 6, 2014 10:16am
Today I will be holding a SESSION RECAP where I will talk about new setups for 4 currency pairs. Sign in- HERE
  • #18,127
  • Jan 6, 2014 12:46pm Jan 6, 2014 12:46pm
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  • #18,128
  • Jan 6, 2014 1:25pm Jan 6, 2014 1:25pm
Quoting jaylovin
{image}
Yes I dont neglect the possibility for a deeper retracement to 3720 but 3680 should hold it if we get there.. Take a look at NZDUSD. Its very bullish, and look to buy into dips and go with BPC on 8320 break.

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  • #18,129
  • Jan 7, 2014 3:44am Jan 7, 2014 3:44am
Classic congestion triangle on EURUSD and that is what we were talking about on webinars. Price usually congests in the form of a classical triangle waiting for a momentum break and direction. Today this is the case due to CPI. On bad numbers I expect EUR ti slide down to 3550-20 today, while on good numbers it may jump to test 3680-3700 zone. Anyway ill be looking for sell opportunities whether on rallies or downswings. CPI is due in 20 minutes

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  • #18,130
  • Jan 7, 2014 4:07am Jan 7, 2014 4:07am
Worse CPI result then planned, looking for selling opportunities on rallies.
  • #18,131
  • Jan 7, 2014 4:33am Jan 7, 2014 4:33am
GBPUSD levels for today

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  • #18,132
  • Jan 7, 2014 4:44am Jan 7, 2014 4:44am
The price is rallying, would like to see it more up to sell, now it is in no mans land. My predetermined sell zone is 3680-3700, but lets see if it gets to 3660 first.
  • #18,133
  • Jan 7, 2014 6:39am Jan 7, 2014 6:39am
Quoting T@rantula
The price is rallying, would like to see it more up to sell, now it is in no mans land. My predetermined sell zone is 3680-3700, but lets see if it gets to 3660 first.
3660 zone rejected it ( 3556), double top confluence, first rejection successful. Lets see the 2nd chance rejection.

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  • #18,134
  • Jan 7, 2014 8:07am Jan 7, 2014 8:07am
During yesterday's webinar i presented NZDUSD setups. Currently NZDUSD is roundabout 30 pips in profit with a potential for much more.

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  • #18,135
  • Jan 7, 2014 8:17am Jan 7, 2014 8:17am
Quoting T@rantula
{quote} Yes I dont neglect the possibility for a deeper retracement to 3720 but 3680 should hold it if we get there.. Take a look at NZDUSD. Its very bullish, and look to buy into dips and go with BPC on 8320 break. {image}

ya 3684 is good buddy for a top... see what news says... if NZDUSD is bullish doesn't that mean eu can go higher being bullish against usd? i know nzd doesn't have the kind of impact euro does on the usd.. but maybe.. its gearing up for a retest of the 4hr broken trendline in BLUE

actually it should not break 3684 = it'll screw up the down move and become bullish...
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  • #18,136
  • Jan 7, 2014 9:00am Jan 7, 2014 9:00am
Hi Guys

Happy New Year and hope for fantastic year ahead.
  • #18,137
  • Jan 7, 2014 9:04am Jan 7, 2014 9:04am
Following what master T is teaching.......
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  • #18,138
  • Jan 7, 2014 9:09am Jan 7, 2014 9:09am
Rejections off 3660 zone...it seems it has started..
  • #18,139
  • Jan 7, 2014 9:17am Jan 7, 2014 9:17am
Quoting jaylovin
{quote} ya 3684 is good buddy for a top... see what news says... if NZDUSD is bullish doesn't that mean eu can go higher being bullish against usd? i know nzd doesn't have the kind of impact euro does on the usd.. but maybe.. its gearing up for a retest of the 4hr broken trendline in BLUE actually it should not break 3684 = it'll screw up the down move and become bullish... {image}

Quoting Munal
Hi Guys Happy New Year and hope for fantastic year ahead.

Quoting Munal
Following what master T is teaching....... {image}
Happy New Year MUNAL! Great entries Munal, well done! Hope to seeing you more on the thread. Guys, we have captured the move, now the thing is it was trying to break into 3660 but failed, so the zones were 3650-60 not 3680-3700, as i presumed ...hard work. Now we need to see, if the downtrend has begun we would exploit next swings to the downside. We need to see new low then retracement on intraday timeframes.
  • #18,140
  • Jan 7, 2014 9:21am Jan 7, 2014 9:21am
1.3600 big level....... Fail of 3660 has found support on this level....... Now if this is downtrend lets see some corrective move to short this pair...... .3619 3626 might be an area to short this pair based on PA formation on that area.... for target of 3596, 3581 and 3559
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