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  • #868,701
  • Jan 8, 2014 4:30am Jan 8, 2014 4:30am
Proves once again, get out as soon as your premise for entering is gone. Sure there were many longs who just got smashed.

Thats why you need smaller spread to be able to get in and out on smaller TF's?
@pawpaw1000 on Twitter
  • #868,702
  • Jan 8, 2014 4:33am Jan 8, 2014 4:33am
confirmed again short
  • #868,703
  • Jan 8, 2014 4:35am Jan 8, 2014 4:35am
Quoting usernamehere
im thinking it is going to take out the stops below 1.3590, then we will have to wait and see if offers show up ahead of 1.3575 {image}

Now that these stops are cleared, will offer hold it up, or is the next level of stops also vulnerable?
Attached Image
  • #868,704
  • Jan 8, 2014 4:36am Jan 8, 2014 4:36am
I'm liking the pa much better. I hope it stays like this all year. thank you MM's. You are doing a great job. Fantastic I love you!
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #868,705
  • Jan 8, 2014 4:39am Jan 8, 2014 4:39am
Quoting hathor
{quote} 1.34750 is nearly equal with the trendline on daily...ouch...hmm... {image}
What a pity, we cannot vouch any more.
  • #868,706
  • Jan 8, 2014 4:42am Jan 8, 2014 4:42am
Quoting Vachus
{quote} If you truly worried about longs , you should also be worried about shorts ... most likely both of their stops will be taken before price determine a move ! As far as i see , i don't see any trade what so ever. 1.359 is not the type of a level you fuck around, moves happen around / near / at is sustainable for days if not weeks.
I disagree, pre-data range trading tends to prevail as stops are often taken out both ways. This breakout lower of 1.36 here is particularly likely to be false because there is still 1.3650 on top, there is no trend established whatsoever on the hourly chart. Also USD coming under a bit of pressure in general in other crosses
if agree if you only trade trends and breakouts, then there is no trade here
  • #868,707
  • Jan 8, 2014 4:43am Jan 8, 2014 4:43am
Quoting Mr Hatch
{quote} What a pity, we cannot vouch any more.
why it was just a buddy system anyway..
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #868,708
  • Jan 8, 2014 4:45am Jan 8, 2014 4:45am
Quoting eurusd_trade
going small long EUR here at 1.3590, i don't trust this mini-break at all with a bunch of impending data and a previous horizontal channel
hell yeah , but still not yet result,

nice uj, nice gu, and f*ck eu!!! very slow
  • #868,709
  • Jan 8, 2014 4:48am Jan 8, 2014 4:48am
I started to play this a la Chazzle this morning. A very good chance for this to turn in a runner. Call it "Table Mountain Figure".
CHFJPY M1
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Don't be smart. Be rich.
  • #868,710
  • Jan 8, 2014 4:50am Jan 8, 2014 4:50am
1.35700 - the bottom and the channel's lower line...can be a double bottom, but if it touches the lower line, than it will be a shoulder-head-shoulder, and that would mean, it can go lower...so the double bottom has low chance in my view...
(but won't gamble, as soon as it is at the bottom, trailing stops will be activated)
Attached Image (click to enlarge)
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f(z)=z2+c
  • #868,711
  • Jan 8, 2014 4:53am Jan 8, 2014 4:53am
Looking forward to 1.3525. A bit too late with the entry. should have set it at the brake of tl. I'll be setting BE at the retest of year low.God speed!
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-h4-admiral-markets-as.png Size: 47 KB
  • #868,712
  • Jan 8, 2014 4:55am Jan 8, 2014 4:55am
Quoting BooG
Looking forward to 1.3525. A bit too late with the entry. should have set it at the brake of tl. I'll be setting BE at the retest of year low.God speed! {image}
good luck
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #868,713
  • Jan 8, 2014 4:59am Jan 8, 2014 4:59am
IMHO we are just testing 3580 zone. no need to rush
All that is left in FF is just plain garbage.
  • #868,714
  • Jan 8, 2014 5:04am Jan 8, 2014 5:04am
long '84..back to 3610
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fokyou forexfactory
  • #868,715
  • Jan 8, 2014 5:04am Jan 8, 2014 5:04am
Quoting BooG
Looking forward to 1.3525. A bit too late with the entry. should have set it at the brake of tl. I'll be setting BE at the retest of year low.God speed! {image}
I believe that it will be hard to break the last low, but if it will, then we might see your target hit.
  • #868,716
  • Jan 8, 2014 5:05am Jan 8, 2014 5:05am
Quoting Mr Hatch
{quote} What a pity, we cannot vouch any more.

f(z)=z2+c
  • #868,717
  • Jan 8, 2014 5:08am Jan 8, 2014 5:08am
Quoting BooG
Looking forward to 1.3525. A bit too late with the entry. should have set it at the brake of tl. I'll be setting BE at the retest of year low.God speed! {image}
Bad enter, but it will drop, set that SL at 1.3599 instead, but not in the platform.

I will try a new short at 1.3577 TP1 1.3564 TP2 1.3555 TP3 1.3534 this is my setup for this 1.3577 break

High Risk!
  • #868,718
  • Jan 8, 2014 5:11am Jan 8, 2014 5:11am
Quoting BoredToLoose
{quote} Bad enter, but it will drop, set that SL at 1.3599 instead
You know some newbie are listening to you and it could lead to their loss ?
COT: The precious data ignored
  • #868,719
  • Jan 8, 2014 5:13am Jan 8, 2014 5:13am
Quoting pawpaw1000
{quote} HAha... We get a spike down and we start calling 100 pip moves
and today?
OldSchool
  • #868,720
  • Jan 8, 2014 5:13am Jan 8, 2014 5:13am
Quoting kuroro001
{quote} You know some newbie are listening to you and it could lead to their loss ?
If they follow me they should short only when I short or I intent to short.

I never said 1.3586 is a place to short.

1.3577 break is risky!
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