EURUSD

Quoting Chicky

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Lowered my tp for short from 1.247x to 1.2460. London closed at a higher level, indicating high probability of my shorts to be stopped out, therefore removed them (sls). Since it is customary (sometimes obligatory) to post a chart, here is one: {image}

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Quoting gatorinla

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{quote} after 2509 or + st has the 24eighty's (2485/86 or more) looking promising. the day closed -2522 and 2606.. still bearish closes to me. along with the week and month and 1/4.. atm level 2502.. 2470 another option it goes with 2515/16 or + bounce .

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Quoting wimschutz

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And the major trend, while it is still in tack, will always be you're friend!

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Quoting sidali2000

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{quote} the trend is your friend-—-until that nasty bend at the end

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Quoting gatorinla

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{quote} after 2509 or + st has the 24eighty's (2485/86 or more) looking promising. the day closed -2522 and 2606.. still bearish closes to me. along with the week and month and 1/4.. atm level 2502.. 2470 another option it goes with 2515/16 or + bounce .

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Quoting gatorinla

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gbp may have a bounce to 588x.. its against trend and most logic,, so it will probably fail,,, i am not taking (atm) the setup at 562x/23, even though one is there, and stops could be tight. its against trend at the mid is 5808, most of the meat is the mid. after that. a trade falls to a 1/1 trade if u count the float profit as risked. at 2526 and spread... 5 risked pips may get 182 at mid or 225 at 5881..most of these trades fail, so dont get delusional . the r/r is about 1-36 for mid tp. or 1-45 at target.. a modest trade with...

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Quoting poseikwame

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UJ looking crazy now... downward trend started??

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Quoting Chicky

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{quote} w2w {image}

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Quoting cobracoder

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{quote} yes

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Quoting gatorinla

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{quote} atm high is 5804

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Quoting navk

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{quote} where will EURAUD stop to the downside ? It is bearish today.

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Quoting TheNoob

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ive just tried the 2510 sellers train and see if it can go down...the buy logic doesn't looks so good on H1... {image}

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Quoting thegmann

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I trade dailies, weeklies, and monthlies. I have currently added another short at 1.25060. This is the 61.8% fib retrace of the previous down move from 1.26 to 1.235x on the daily. It is also the 76.4% fib on the weekly and a small tad bit above the 76.4% on the previous monthly up move of the last yr and a half. Targeting 1.21 then 1.18. {image} {image} {image}

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