The pair confirmed a negative closing on Friday while remaining interior the inside day with 121,45 – 119,25 still the levels to follow in the coming hours. The indicators of the s/t charts are negative supporting further weakness toward the support line at 119,15. I stay short (120.90) with a stop now at 121,25. I am looking for a drop below 119.
- #56,524
- Mar 23, 2015 7:18am Mar 23, 2015 7:18am
- Joined Jul 2009 | Status: Winter is coming. Ask Kondratieff. | 8,196 Posts
"I know one thing, that I know nothing." Sokrates
- #56,526
- Mar 23, 2015 7:41am Mar 23, 2015 7:41am
- Joined Jul 2009 | Status: Winter is coming. Ask Kondratieff. | 8,196 Posts
{quote} or may be lower to 119.30 region where i'm currently eyeing. although ive closed my short from 120.10 at 119.74, i'll sure look to short again at some price higher than 119.80. cant ignore a significant bearish engulfing candle on H4 as per your chart.
. Is a) weekend chart. b) I got megasupport at 119,69. Should it break, it kicks my stops and runs for 118,7, where I reload. Besides, I dont see engulfing candle 
, as that currently running is not closed yet.
"I know one thing, that I know nothing." Sokrates
- #56,527
- Mar 23, 2015 7:49am Mar 23, 2015 7:49am
{quote} Sure I can
- #56,528
- Mar 23, 2015 8:00am Mar 23, 2015 8:00am
- Joined Jul 2009 | Status: Winter is coming. Ask Kondratieff. | 8,196 Posts
{quote} the second to the last candle on your chart is engulfing and subsequent candle formations not convincing enough to change my mind about a further drop, but this is fx, anything can happen
. It can cut me, I know, Mr. Market can do anything he pleases. Thats why I use crystal ball.
"I know one thing, that I know nothing." Sokrates
- #56,530
- Mar 23, 2015 8:20am Mar 23, 2015 8:20am
{quote} Yeh, was a Friday closing candle. See, I marked h4 movement to test 119,69 support - thats a monthly one. Month ends this week and I just dont suppose it is gonna end up with correction. Am following monthly move. Yup, Fridays movement suggested monthly is gonna get tested. It did and my stops held. So far
- #56,531
- Mar 23, 2015 8:32am Mar 23, 2015 8:32am
- | Joined Nov 2014 | Status: Trader | 1,140 Posts
{quote} well im short again from 119.90, lets see how that goes
- #56,532
- Mar 23, 2015 8:34am Mar 23, 2015 8:34am
{quote} me too and target bit lower though. Dukascopy so annoying at at times delaying orders 10-20 sec instead of just rejecting and let me handle it
- #56,533
- Mar 23, 2015 8:46am Mar 23, 2015 8:46am
- | Joined Nov 2014 | Status: Trader | 1,140 Posts
{quote} i can imagine how annoying that can be cos u'll end up entering multiple positions
lol thought 19.90 was your target im not even looking at price the chart got all my attention
- #56,534
- Mar 23, 2015 8:49am Mar 23, 2015 8:49am
{quote} yes if im is too eager it happens. But getting a position so many pips lower is annoying when they just could reject instead. Second sell was on time though. lol thought 19.90 was your target im not even looking at price the chart got all my attention
- #56,535
- Mar 23, 2015 9:03am Mar 23, 2015 9:03am
- | Joined Nov 2014 | Status: Trader | 1,140 Posts
{quote} my target is around 119.30 zone
- #56,539
- Mar 24, 2015 4:13am Mar 24, 2015 4:13am
- | Joined Nov 2014 | Status: Trader | 1,140 Posts
volume looks 4 real
