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  • #20,001
  • Oct 14, 2014 7:03am Oct 14, 2014 7:03am
Quoting T@rantula
EURUSD is showing near term loss of momentum which can be exploited as a potential counter trend trade opportunity. 2610 is the strong level which marks a historical bullish divergence and current camarilla level. We can also see an inner trendline which is thrusting through L4 level - 2660 - strong level also. So if EURUSD breaks through lower trendline it will target 2610 where fresh buyers could wait and push the price up to 2660 retest. {image}
Thanks T . and SL?
  • #20,002
  • Oct 14, 2014 7:05am Oct 14, 2014 7:05am
Quoting xetrader
{quote} Thanks T . and SL?
30 pip
  • #20,003
  • Oct 14, 2014 7:08am Oct 14, 2014 7:08am
Quoting T@rantula
{quote} 30 pip
Ok got it.
  • #20,004
  • Oct 14, 2014 10:06pm Oct 14, 2014 10:06pm
Quoting T@rantula
EURUSD is showing near term loss of momentum which can be exploited as a potential counter trend trade opportunity. 2610 is the strong level which marks a historical bullish divergence and current camarilla level. We can also see an inner trendline which is thrusting through L4 level - 2660 - strong level also. So if EURUSD breaks through lower trendline it will target 2610 where fresh buyers could wait and push the price up to 2660 retest. {image}
Hi T,

Can we still have this pending order @ 1.2610 with same sl and tp?
  • #20,005
  • Oct 15, 2014 2:11am Oct 15, 2014 2:11am
Quoting xetrader
{quote} Hi T, Can we still have this pending order @ 1.2610 with same sl and tp?
Yes but treat it as a scalp swing trade now, using 2630 as the first target if it happens
  • #20,006
  • Oct 15, 2014 7:49am Oct 15, 2014 7:49am
Today we saw 2624 EURUSD low which was very close to our projected entry 2610-20 zone. Now things start to look good on EURUSD and we can see that the pair is supported by an ascending trendline which can push the pair to 2770-90 where we can start searching for short opportunities towards the 4th touch of ascending trendline. In that case first target is 2750 2nd - 2700 retest and 3rd - 2670- important level retest. This can also mark the beginning of new uptrend on EURUSD on intraday charts but still- if we trade it we need to know where to go long and go short- counter it. Because we are dealing with trend targets but using countertrend confluence i advise using trailing stop once we are in the profit.

Attached Image (click to enlarge)
Click to Enlarge Name: 2014-10-15_14-40-00.jpg Size: 288 KB
  • #20,007
  • Oct 15, 2014 8:09am Oct 15, 2014 8:09am
Quoting T@rantula
Today we saw 2624 EURUSD low which was very close to our projected entry 2610-20 zone. Now things start to look good on EURUSD and we can see that the pair is supported by an ascending trendline which can push the pair to 2770-90 where we can start searching for short opportunities towards the 4th touch of ascending trendline. In that case first target is 2750 2nd - 2700 retest and 3rd - 2670- important level retest. This can also mark the beginning of new uptrend on EURUSD on intraday charts but still- if we trade it we need to know where to go...
Well scripted.. Clear as crystal..
  • #20,008
  • Oct 15, 2014 8:34am Oct 15, 2014 8:34am
Quoting kalyan
{quote} Well scripted.. Clear as crystal..
Too much of USD weakness now. -30 SL hit.
  • #20,009
  • Oct 15, 2014 8:39am Oct 15, 2014 8:39am
Quoting T@rantula
{quote} Too much of USD weakness now. -30 SL hit.
Some how I see 2869..
  • #20,010
  • Oct 15, 2014 8:43am Oct 15, 2014 8:43am
Quoting kalyan
{quote} Some how I see 2869..
I will wait for the next setup. All stops have been collected to the upside
  • #20,011
  • Oct 15, 2014 8:52am Oct 15, 2014 8:52am
Quoting T@rantula
{quote} I will wait for the next setup. All stops have been collected to the upside
I dint enter. But I think if this is a false break 2766 should be resistance. If not there is a next move 2900-10.
  • #20,012
  • Oct 15, 2014 8:55am Oct 15, 2014 8:55am
EU entered sell at 28200
  • #20,013
  • Oct 15, 2014 8:55am Oct 15, 2014 8:55am
Quoting T@rantula
{quote} I will wait for the next setup. All stops have been collected to the upside
too much upsides and now too much down what the hell is happening? T now do you think that all majors are going to higher and higher?
  • #20,014
  • Oct 15, 2014 9:00am Oct 15, 2014 9:00am
Its 2775 now...definitely you cant protect against moves like these except placing a SL with low risk as always. This looks like a MAJOR stop grabber to me
  • #20,015
  • Oct 15, 2014 9:03am Oct 15, 2014 9:03am
Quoting T@rantula
Its 2775 now...definitely you cant protect against moves like these except placing a SL with low risk as always. This looks like a MAJOR stop grabber to me
well they like to doing stop hunt to kill all of your stoploss
  • #20,016
  • Oct 15, 2014 9:04am Oct 15, 2014 9:04am
Quoting T@rantula
Its 2775 now...definitely you cant protect against moves like these except placing a SL with low risk as always. This looks like a MAJOR stop grabber to me
Please send us GU update. Whats the future of GU in your opinion. Thanks T
  • #20,017
  • Oct 15, 2014 9:07am Oct 15, 2014 9:07am
Quoting xetrader
{quote} Please send us GU update. Whats the future of GU in your opinion. Thanks T
i will stay out of the market until tomorrow. There is no point to trade such movements. GU is bearish definitely

Quoting bolehbah69
{quote} well they like to doing stop hunt to kill all of your stoploss
Exactly.
  • #20,018
  • Oct 15, 2014 9:10am Oct 15, 2014 9:10am
2755 WTF!
  • #20,019
  • Oct 15, 2014 9:19am Oct 15, 2014 9:19am
closed with +42 for sell..
Attached Image
  • #20,020
  • Oct 15, 2014 9:20am Oct 15, 2014 9:20am
Quoting T@rantula
2755 WTF!

euro has a date with 2727... support below is 2674... i dont know whats going on but 2572 is my long should it reach...
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